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Author Topic: How is trading *not* gambling?  (Read 23390 times)
jossiel
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March 06, 2017, 10:53:35 PM
 #161

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!

Oh well, that's the main thing why people are gambling. They think that it will be the easiest and fastest way of earning and thanks for adding that.

While in trading, it takes time before you will get some good profit maybe there are times that the transition is very fast.

But time is required in doing some trades while in gambling it doesn't need time instead it makes you on haste when gambling.

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March 06, 2017, 11:50:58 PM
 #162

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.......
All of the traders are betting on the 11 march, and will it become the good day or bad day for all of the bitcoin users. I think there is a little chance the trading be compliance with gambling. This is a fact.

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March 07, 2017, 04:03:10 AM
 #163

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?
Also on trading there is other method analysis fundamental and not analysis technical only, that is first different between trading and gambling, there are method for make prediction of price and the method had been used by all of professional traders in the world, there are not method for win on gambling game, the other different on trading we can do stop lost if the price against our prediction and I don't know there is stop lost in gambling.
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March 07, 2017, 05:16:54 AM
 #164

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.......
It is not really just based on luck is gambling because there are guys who apply certain strategies in gambling also and come up with profit. While trading requires skill but at the same time the biggest factor in trading is again luck !

But been all said and discussed gambling just makes you addicted and hence some desperation which is never good while risking money.

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March 07, 2017, 06:04:16 AM
 #165

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.......
All of the traders are betting on the 11 march, and will it become the good day or bad day for all of the bitcoin users. I think there is a little chance the trading be compliance with gambling. This is a fact.


your facts come from wrong sources, and i believe you have to stop reading bad comments on this forum and most of the social media that everyone spam posts.
"All traders" are not even concerned about ETF and 11 March! in fact ETF is not even that big a deal. it is only some who want to take advantage of the situation who use any kind of news to milk it as much as they can.
in case of ETF, it really isn't big. there are many bigger news that are slipping away without anyone even noticing.

for example have you even checked the trading volume coming from India? did you know they are on a bitcoin-buying-frenzy for at least 6 month?

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March 07, 2017, 11:18:07 AM
 #166

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?
Also on trading there is other method analysis fundamental and not analysis technical only, that is first different between trading and gambling, there are method for make prediction of price and the method had been used by all of professional traders in the world, there are not method for win on gambling game, the other different on trading we can do stop lost if the price against our prediction and I don't know there is stop lost in gambling.
Both, gambling and trading has it's own and shared winning method. For example we can take martingale which is the wrost method in any situation. Mathematically we can analyze both, trading and for example take roulette. The main problem is that mostly serous gambling websites has algorithm to catch your method or change their strategy.

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March 07, 2017, 11:59:52 AM
 #167

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.
Yes, I agree with this because gambling will give short term profit and long term loss while trading would always give us profit in long term and may result in loss in short time.

But guys, that is just a theory practically I have been trading since many years and I am still in loss overall so if you ask me personally its almost same but trading never make me felt desperate or panicked which gambling always does.
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March 07, 2017, 12:32:29 PM
 #168

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?
Yes its a big difference from trading to gambling i know they are the same risky but gambling is more risky than trading because need luck in gambling before you win.  But in trading if you have a good strategy you can get profit every time you trade.
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March 07, 2017, 12:56:48 PM
 #169

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?
Yes its a big difference from trading to gambling i know they are the same risky but gambling is more risky than trading because need luck in gambling before you win.  But in trading if you have a good strategy you can get profit every time you trade.
They do really differ at all but both do have the risk on losing up money and you were right trading does really need technical analysis and experience for you to able to gain money with it which means it would somehow lessen the risk unlike on gambling which you play and blindly bet to make money which results arent guaranteed to be constant.

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March 07, 2017, 01:50:24 PM
 #170

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.
I think we are forgetting the fact that gambling hardly offers a chance to cut short one losses and that is the reason bursting one's entire balance in matter of seconds is a regular occurrence in gambling. With trading, except a trader also gambles with his trade, it is always possible to cut short one's losses or to determine from the on set how much one is willing to lose for trades gone wrong, more or less like saying gamblers hardly have second chance to try again after some losing streaks.
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March 07, 2017, 02:35:41 PM
 #171

You know what I do believe that when trading you gamble also on what you have but then there is assurance that you can get in return unlike in gambling if you lose you gonna lose what you really have .
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March 07, 2017, 02:37:11 PM
 #172

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?

i think to do trading that is not a gambling is when we make our analisis for the coins, we watching and analyze the trend, how much the price that we want to sell/buy, we analyze the chart so we can have found one range to sell/buy. there are many aspect that we need to made in trading so what we trade is not a gambling.

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March 07, 2017, 03:23:25 PM
 #173

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.
But gambling site requires you to bet against them while trading you are just buying and selling entities which no one personally owns and sells. Hence when you gamble you loose while when you trade it just gives you loss or profit based on your ability and the sort of decision maker you are, take the example of Buffet the richest guy, he won't get a decision wrong.
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March 07, 2017, 03:27:30 PM
 #174

You know what I do believe that when trading you gamble also on what you have but then there is assurance that you can get in return unlike in gambling if you lose you gonna lose what you really have .
the point is right there's a certain situation that due to some good assessment you will be force to place an entry just like placing bets in a gamble but you are expecting that from that end you will earn and you just needed to wait for quite some time, unlike in gambling you are just waiting for your luck to favor your way to win.
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March 07, 2017, 03:54:41 PM
 #175

Both trading and gambling are in similarity but output is different , in gambling when you gamble the out come is profit or loss and you cannot convert that in profit but in trading when you sell btc you get usd and if you have sold in lower rate and the rate goes up then you can wait till you are selling rate is not come so like this in trading you can avoid the loss if you keep patience.

So this means clearly that trading is not gambling but the method is same
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March 07, 2017, 04:02:56 PM
 #176

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.
Technically and factually there is no assurance or guarantee even with gambling or with trading.
But trading is opposite of gambling because trading you can apply your knowledge, past charts, various indicators to guess the price while in gambling you can't just use all all of these and have to only rely on your luck.
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March 07, 2017, 06:08:56 PM
 #177

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.
Technically and factually there is no assurance or guarantee even with gambling or with trading.
But trading is opposite of gambling because trading you can apply your knowledge, past charts, various indicators to guess the price while in gambling you can't just use all all of these and have to only rely on your luck.

Don't forget that when you trade you won't lose all your money at the time you happen to make faulty trades. If you look at gambling from the same perspective, then you'll lose everything at once instantly. Same goes up for people that hype up binary options. It's even worse than gambling as you have just 2 options to choose from. If you happen to call right, you'll just get 80-90% in profits, while with gambling you double your money. In both cases, if you call bad, then you'll lose all your money.
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March 08, 2017, 03:23:21 PM
 #178

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?
Also on trading there is other method analysis fundamental and not analysis technical only, that is first different between trading and gambling, there are method for make prediction of price and the method had been used by all of professional traders in the world, there are not method for win on gambling game, the other different on trading we can do stop lost if the price against our prediction and I don't know there is stop lost in gambling.
Both, gambling and trading has it's own and shared winning method. For example we can take martingale which is the wrost method in any situation. Mathematically we can analyze both, trading and for example take roulette. The main problem is that mostly serous gambling websites has algorithm to catch your method or change their strategy.
to me i think there is big difference between the two. i think trading is less risky as compare to gambling because in gambling we totally depend on our luck, while in trading we use our knowledge and experience to make money in trading.
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March 08, 2017, 06:18:48 PM
 #179

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?
Also on trading there is other method analysis fundamental and not analysis technical only, that is first different between trading and gambling, there are method for make prediction of price and the method had been used by all of professional traders in the world, there are not method for win on gambling game, the other different on trading we can do stop lost if the price against our prediction and I don't know there is stop lost in gambling.
Both, gambling and trading has it's own and shared winning method. For example we can take martingale which is the wrost method in any situation. Mathematically we can analyze both, trading and for example take roulette. The main problem is that mostly serous gambling websites has algorithm to catch your method or change their strategy.
to me i think there is big difference between the two. i think trading is less risky as compare to gambling because in gambling we totally depend on our luck, while in trading we use our knowledge and experience to make money in trading.
In gambling also our skills will help us to make money in skill games, But I too agree that compare to gambling the trading is the best choice and it is more profitable than gambling. But in trading and gambling both we need the luck to make a profit. In gambling, if we have luck then our guessing will be right, and we win the bet, In trading, if our luck is good we will not see huge fluctuating in Bitcoin price, and we will make a profit.Like this luck will help us to make money in both trading and gambling.
bettercrypto
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March 08, 2017, 11:47:53 PM
 #180

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?
Also on trading there is other method analysis fundamental and not analysis technical only, that is first different between trading and gambling, there are method for make prediction of price and the method had been used by all of professional traders in the world, there are not method for win on gambling game, the other different on trading we can do stop lost if the price against our prediction and I don't know there is stop lost in gambling.
Both, gambling and trading has it's own and shared winning method. For example we can take martingale which is the wrost method in any situation. Mathematically we can analyze both, trading and for example take roulette. The main problem is that mostly serous gambling websites has algorithm to catch your method or change their strategy.
to me i think there is big difference between the two. i think trading is less risky as compare to gambling because in gambling we totally depend on our luck, while in trading we use our knowledge and experience to make money in trading.
In gambling also our skills will help us to make money in skill games, But I too agree that compare to gambling the trading is the best choice and it is more profitable than gambling. But in trading and gambling both we need the luck to make a profit. In gambling, if we have luck then our guessing will be right, and we win the bet, In trading, if our luck is good we will not see huge fluctuating in Bitcoin price, and we will make a profit.Like this luck will help us to make money in both trading and gambling.

Lol luck is for those who are lazy to research and do their homework in trading.  The only difference between trading and luck is the risk mitigating factor.  Trading has it while gambling do not have it.  Trading, with research and study, news and update, risk invovle can be minimize by studying this indicators.

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