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Author Topic: How is trading *not* gambling?  (Read 23391 times)
Red-Apple
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March 04, 2017, 12:01:12 PM
 #141

Trading - It means buying and selling. It does not mean that you buy something and either you get the payment double or as per ratio or does not get it. i.e what the difference is about.

In Gambling generally in roulette, computer games you do not require any skills only luck to win it. While in trading you need to spot the opportunity, holding time if price is rising etc and sell it appropriately to get profit.

Well that's a good differentiation between trading and gambling. I think that why many are being mislead that trading is gambling because of the risk it has.

They are comparing and thinking that it is the same because it has the same thing. But they are not bearing in their minds that it's actually different.

Gambling is all about wagering and trading is far from it.

they actually think this way because they have nothing to compare it to. for example if they could see someone actually trade and be successful like by following him or seeing in real life they wouldn't call it as gambling anymore. and these people are usually too lazy to learn anything anyways and they just want easy money buy investing and taking millions the next day!

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March 04, 2017, 12:16:27 PM
 #142

Gambling definition (Oxford Dictionary):

1.  Play games of chance for money; bet.

2.  Take risky action in the hope of a desired result.

Gambling in the sense of playing on Bitcoin casinos etc are just a game of chance and have an entirely random result.  Trading is skilled - it may well be taking "risky action in the hope of a desired result" but it is definitely not based on chance or luck as there are a huge host of factors leading to different results and the trader can decide how to act based on his or her discretion.

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March 04, 2017, 02:32:12 PM
 #143

Gambling definition (Oxford Dictionary):

1.  Play games of chance for money; bet.

2.  Take risky action in the hope of a desired result.

Gambling in the sense of playing on Bitcoin casinos etc are just a game of chance and have an entirely random result.  Trading is skilled - it may well be taking "risky action in the hope of a desired result" but it is definitely not based on chance or luck as there are a huge host of factors leading to different results and the trader can decide how to act based on his or her discretion.

"In the hope of desired result.." That's the biggest difference between gambling and trading. In trading the decision will be in your hand, where as in gambling only luck matters.
You may get some returns in trading but in gambling you either win or loose.  Undecided

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March 04, 2017, 02:38:46 PM
 #144

When we say trading there is assurance that there is an exchange of the money or the product that you will give or pay. So we can say that it is a fair deal. While in gumbling there is no assurance that there is an exchange of what you are giving. You can win big or you can loose big.
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March 04, 2017, 05:40:50 PM
 #145

Trading we can consider as gambling, you gamble your funds or take a risks in trading in any investment. Gambling its like you want to entertain a couple of time, minutes, everyday or day by day. However, trading and gambling is risks wether you may win or loose at all.

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March 04, 2017, 09:55:29 PM
 #146

We can't deny that trading is also part of gambling because i know in gambling, you need to risk an amount or part of your own money to get something more and that was also applied in trading. Trading requires money and you need to risk your own money in order to earn more just like gambling sites does.
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March 04, 2017, 11:45:53 PM
Last edit: March 05, 2017, 01:23:36 AM by bitbob82
 #147

Trading we can consider as gambling, you gamble your funds or take a risks in trading in any investment. Gambling its like you want to entertain a couple of time, minutes, everyday or day by day. However, trading and gambling is risks wether you may win or loose at all.
no we cannot consider trading as gambling. there is a big difference between the two. in gambling we do not need for any experience and skill. while in trading you need to be a good trader and you can only be a good trader if you do not have any experience and skill in trading.
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March 05, 2017, 02:43:57 AM
 #148

We can't deny that trading is also part of gambling because i know in gambling, you need to risk an amount or part of your own money to get something more and that was also applied in trading. Trading requires money and you need to risk your own money in order to earn more just like gambling sites does.
And i guess I can't lose all of my money with a single click. It looks like trade a commodity in our life. Profit or loss are usual things.

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March 05, 2017, 03:05:52 AM
 #149

There are some differences and reasons as to why trading is not gambling. To start with, you cannot control your losses in gambling but you can in trading by having stop-loss order. And you should be gambling mainly for fun and not for money. Money should come second in gambling. However, in trading you do it for money and fun part comes second.

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March 05, 2017, 03:43:47 AM
 #150

There are some differences and reasons as to why trading is not gambling. To start with, you cannot control your losses in gambling but you can in trading by having stop-loss order. And you should be gambling mainly for fun and not for money. Money should come second in gambling. However, in trading you do it for money and fun part comes second.
Even though you can control your losses in trading it is still a gambling because there is money involved and also risk that can make you loss money. I believe that if there is a risk involve in a source of income then it is kind of gambling.
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March 05, 2017, 12:13:52 PM
 #151

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

Not completely random and you can be ev>0 in many cases especially since it's not always a zero sum game.

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March 05, 2017, 01:56:04 PM
 #152

Firstly, we should see which these points are same here in gambling and trading,
1. Invest money
2. Take the risk.
3. Luck
If we use our mind than we know all business are same, we use money and take risk and if we use our skills than it is chance we could earn more. Otherwise if we are lucky than luck wise we could earn more. So i don't think that trading and gambling similar.
Gambling give us fun and trading is a kind of business.   

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March 05, 2017, 02:14:30 PM
 #153

In gambling it not requires research and analysis but in trading it requires you that.
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March 05, 2017, 02:46:33 PM
 #154

i reply a genuine to u .

trading ppl cant go gambling
gambling ppl can go trading

If u have a big capital, your trading can put long position to earn the real main income
If small capital, u can just earn a little money or if u want earn real money u need to risk more.

So, the main element of do the long term trading is capital. yes, u cant take out the money also.
U need a reliable broker even low bonus because your money u need to protect.

If u starter of trading, u maybe find other "guru" (teacher), make sure to do portfolio and the $ to follow them.
Do your trading research and make sure you are a long term or short term type. And also FA / TA (financial or technical analysis)

above is my experience trading forex / CFD ...but maybe not on altcoin/btc. (i just aware i type so many on that)


 
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March 05, 2017, 03:31:34 PM
 #155

We can't deny that trading is also part of gambling because i know in gambling, you need to risk an amount or part of your own money to get something more and that was also applied in trading. Trading requires money and you need to risk your own money in order to earn more just like gambling sites does.
The logic that you risk money in gambling as well as in trading doesn't in any way make them one and same as we know natural nature itself does not support vacuum, we have to sow a seed for instance to be able to harvest multiples of that seed. So that makes everything about life a risk, however somethings are riskier and some are even hopeless. Yes trading has its own share of risks, but it is certainly not a dead end as much  as is gambling - yet to hear of any trader taking their life over trades gone wrong as is common among gamblers.
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March 05, 2017, 05:37:16 PM
 #156

Firstly, we should see which these points are same here in gambling and trading,
1. Invest money
2. Take the risk.
3. Luck
If we use our mind than we know all business are same, we use money and take risk and if we use our skills than it is chance we could earn more. Otherwise if we are lucky than luck wise we could earn more. So i don't think that trading and gambling similar.
Gambling gives us fun and trading is a kind of business.   
Nope, the gambling will give both fun and profit. And Trading is just a business to make money. But the risk is same in both trading and gambling. You have to invest money to make a profit. But in trading at least you will have hope that you can make a profit, In gambling, this type of confidence will never come this purely depends on your luck. Even skill base games also base on your luck.
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March 05, 2017, 09:05:32 PM
 #157

In gambling it not requires research and analysis but in trading it requires you that.

Wrong, there is gambling game that is requiring it's gamblers to do so or maybe also optional. But that's normal in sports betting most of the gamblers will always do some research for it because we know that those gamblers wants to make sure on what they've been doing. Trading is good for young professionals and gambler is good for those happy go lucky and want it fast.

You can make good profits in sports betting if you have good knowledge about that particular sport and if you do certain level of research and good strategy can help you in making some descent profits and there are many full time gamblers that are earning a living from gambling but it may not be possible for all to depend only on gambling as it involves great level of research and also a huge risk of loosing money.

Got my account back! It was hacked. Sorry about it :|
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March 05, 2017, 10:43:25 PM
 #158

In gambling it not requires research and analysis but in trading it requires you that.

It also requires you trusting the other side so the trading can go smoothly.
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March 06, 2017, 03:21:14 AM
 #159

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Trading Can Never Be Same as Gambling Because Gambling is Just a Shit Game Based on Your Luck and You Don't Need any Technical Knowledge and Experience in it But On the Other Hand In Trading You Need to Use Your Knowledge and Experience to Make Profit From Your Invested Money.......
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March 06, 2017, 07:47:55 AM
 #160

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Trading Can Never Be Same as Gambling Because Gambling is Just a Shit Game Based on Your Luck and You Don't Need any Technical Knowledge and Experience in it But On the Other Hand In Trading You Need to Use Your Knowledge and Experience to Make Profit From Your Invested Money.......
"gambling is just a shit game" it means the one who promote it (you) is worse than shit Tongue
Both trading and gambling are need luck, no matter how skilled you are. The only one thing makes trading is not gambling just you can learn something from trading, and you can't lose all of your money when you trading.
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