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Author Topic: Gambling vs. "leveraged" trading  (Read 1316 times)
Raja_MBZ (OP)
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June 14, 2018, 11:53:18 PM
 #1

Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
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June 15, 2018, 12:47:21 AM
 #2

I only gamble I do not trust the whole leverage trading, If I am going to gamble ill do it right and play cards or poker, Something that I actually have a chance at I have asked several people the same question, and none have ever made really much off of leverage trading..

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June 15, 2018, 01:57:05 PM
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once I was trying to use leveraged trading in bitmex and I can make a good profit. I think it's not the same as a gamble because if we can buy at the low price and the price is increased, you don't have to close that leveraged trading but you can just let it make the profit for you. and I don't think that if we trade using the leverage it is considered as a gamble too. it depends on what price you buy the coins.

I remember that I can buy bitcoin at the lower price at $3xxx and it's still run until now. and makes a profit for me. although the price is up and down, I still make a profit and I don't want to close it right now.

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June 15, 2018, 06:55:25 PM
 #4

once I was trying to use leveraged trading in bitmex and I can make a good profit. I think it's not the same as a gamble because if we can buy at the low price and the price is increased, you don't have to close that leveraged trading but you can just let it make the profit for you. and I don't think that if we trade using the leverage it is considered as a gamble too. it depends on what price you buy the coins.

I remember that I can buy bitcoin at the lower price at $3xxx and it's still run until now. and makes a profit for me. although the price is up and down, I still make a profit and I don't want to close it right now.
This is an another case which you do able to purchase bitcoin on 3k range which no matter which angle you would really able to have profits considering on the price we are into now.I cant blame OP do see Leveraged trading is comparable to gambling. Even myself do have that kind of perception or view too towards it. Gamble if you dont know on what you are doing but if its always based up with some analysis then it cant be considered as one.

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June 15, 2018, 07:16:32 PM
 #5

once I was trying to use leveraged trading in bitmex and I can make a good profit. I think it's not the same as a gamble because if we can buy at the low price and the price is increased, you don't have to close that leveraged trading but you can just let it make the profit for you. and I don't think that if we trade using the leverage it is considered as a gamble too. it depends on what price you buy the coins.

I remember that I can buy bitcoin at the lower price at $3xxx and it's still run until now. and makes a profit for me. although the price is up and down, I still make a profit and I don't want to close it right now.
This is an another case which you do able to purchase bitcoin on 3k range which no matter which angle you would really able to have profits considering on the price we are into now.I cant blame OP do see Leveraged trading is comparable to gambling. Even myself do have that kind of perception or view too towards it. Gamble if you dont know on what you are doing but if its always based up with some analysis then it cant be considered as one.

How can take the leverage trading and gambling in the comparison bro. Then you do not need to check the price changes and marketplace value in the profit consideration too bro. Gambling is personal convenience to play the betting, slot roll and etc to win and loose the profit bro.

I think op take this discussion to wrong section. if you are creating the thread with the news with the gambling dude.
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June 15, 2018, 07:33:32 PM
 #6

I only gamble I do not trust the whole leverage trading, If I am going to gamble ill do it right and play cards or poker, Something that I actually have a chance at I have asked several people the same question, and none have ever made really much off of leverage trading..

everyone has a different view on this. and maybe you just see from the point of pleasure. gambling is more fun than leveraged trading. because the risks we get from both are pretty much the same
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June 18, 2018, 09:12:54 AM
 #7

Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.

Leveraged trading is essentially borrowing money from the broker and play the bet. It will offer you a certain level of liquidity and once the liquidity is exhausted, your trades get squared off. This is also known as "margin trading" in real world stock market and a very risky proposition.

Even though these are structurally different than conventional gambling, but the end results are very similar to gambling, the game of luck! But leveraged trading comes with a very high risk exposure as compared to conventional gambling.

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June 18, 2018, 09:37:29 AM
 #8

I would not consider it the same, gambling is easy you either play dice or select on a outcome that's going to happen but leverage trading is not that simple, many people won't even have any idea what's it about and they may just get in and burn their hands so I would prefer gambling that is easy to understand it's better to face a known adversary than a unknown adversary.
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June 18, 2018, 08:22:13 PM
 #9

Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
Well i think that even leverage trading can't be compared to gambling as well, because no matter what trading is always going to depend somewhat on knowing the markets and what you are trying to trade, where is gambling it all depends on your luck even if you try to convince yourself otherwise, trading with leverage and putting a price that the coin is not going to fall down to is not something that you just guess it is something that you need to really look in too and decide where in gambling its all based on preeducated guess.
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June 18, 2018, 08:25:53 PM
 #10

Did you not know what you were getting yourself into by margin trading?  That's one of the problems with it.  As opposed to just using a cash account, you can easily lose everything if you run into a margin call.  Sure, the gains can be so much greater but the chance of getting wiped out is also greater.

The United States got into serious trouble with leverage, if you recall the banking crisis of 2008 and 10 years before that, Long Term Capital Management.  Too much leverage is a killer.  Give it a shot if you've got some spare money to lose but be aware that you could end up with the same result as you just got.
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June 19, 2018, 04:50:18 AM
 #11

This thread motivated me to open an account @ bitmex to try crypto trading on leverage. Unfortunately, the USA is a "restricted" region? (It might be a state based restriction, rather than nation based)



What's a good exchange for leveraged trading, where I might have access?

The last time I tried trading with leverage on the stock market, I think the minimum account balance to do so was $2,000. One neglected advantage of crypto trading could be leverage with balances less than $2k. Generally higher potential profits are correlated with greater risk. Many financial and economic instabilities and recessions can be traced back to large investors gambling with toxic assets when financial bubbles pop.

"Regulation" prohibits people like me from having financial opportunities with leveraged crypto trading on bitmex. I know that people circumvent regulation via VPN/proxy/etc. But shouldn't these platforms operate on an equal opportunity basis?
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June 19, 2018, 08:19:26 AM
 #12

whenever you are talking about trading whether it is normal way of buy low sell high or leverage trading, at the end of the day the results of it will be determined based on how good you can speculate the market. if you make mistakes you will lose money and if you don't and speculate it accurately then you make a profit. so if you lost money in leverage trading that means your speculation was off the market. try working on that and you will be more successful and eventually realize that the unpredictability of the market is nothing like the unpredictability of gambling. the first one is not 100%, you can still predict the market to some extent but you can never predict the outcome of a bet.

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June 19, 2018, 08:32:29 AM
 #13

Both trading and leverage trading can be compared to gambling. The less you know what you are doing and the more you are relying on luck on how you feel the market will go, the more of a gambler you are. The difference is, leverage trading is similar to gambling when you borrow money, so you can bet higher amounts. You can win more but you can lose faster as well.

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June 19, 2018, 09:02:32 AM
 #14

Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
Well i think that even leverage trading can't be compared to gambling as well, because no matter what trading is always going to depend somewhat on knowing the markets and what you are trying to trade, where is gambling it all depends on your luck even if you try to convince yourself otherwise, trading with leverage and putting a price that the coin is not going to fall down to is not something that you just guess it is something that you need to really look in too and decide where in gambling its all based on preeducated guess.
How the market is going to be is also based on our luck but we can't say this is purely based on our luck like in gambling.But I really don't know clearly that what is an leveraged trading can someone explain that term in easy form. Cheesy









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June 19, 2018, 09:27:32 AM
 #15

Both trading and leverage trading can be compared to gambling. The less you know what you are doing and the more you are relying on luck on how you feel the market will go, the more of a gambler you are. The difference is, leverage trading is similar to gambling when you borrow money, so you can bet higher amounts. You can win more but you can lose faster as well.
Precisely, leverage trading compared to gambling all I can say is worst in gambling. There's no assurance in gambling but in trading maybe you have a chance. If I rate them in my own the lowered one is gambling, pure luck base on gambling but in trading, you have a chance by searching and make a study of what coin you trade for.
For me, these two things are very risky, so I will not engage of these of strategy in earning money.

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June 19, 2018, 11:31:37 AM
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Both trading and leverage trading can be compared to gambling. The less you know what you are doing and the more you are relying on luck on how you feel the market will go, the more of a gambler you are. The difference is, leverage trading is similar to gambling when you borrow money, so you can bet higher amounts. You can win more but you can lose faster as well.
Precisely, leverage trading compared to gambling all I can say is worst in gambling. There's no assurance in gambling but in trading maybe you have a chance. If I rate them in my own the lowered one is gambling, pure luck base on gambling but in trading, you have a chance by searching and make a study of what coin you trade for.
For me, these two things are very risky, so I will not engage of these of strategy in earning money.
In trading there's a guaranteed return especially when you know what you are doing. Regular trading is cannot be consider as gambling because you have the strategies every time you trade, and you study for it however people consider trading as gambling because many greedy people are still trading even they know nothing. Leveraged trading is quiet more risky and it can be consider as gambling because you are borrowing money just to have more profit which I think more greedy compare to the ordinary trading.
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June 19, 2018, 05:43:08 PM
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Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.

What separates gambling from trading is simply the duration of winning and losing as both is about winning and losing just like every options in life that is about winning and losing. Focusing on gambling and trading, while in regular trading, you can quickly cut your losses when you see things not going according to the way you plan it, unlike gambling that the when an event happen, your status is already determined. In leverage trading that you have experience its just so close to gambling but not the same thing what makes it looks like gambling is because you are not allowed to alter your position after you have locked it in.
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June 19, 2018, 10:18:35 PM
 #18

Once you put in your money into something and you will earn in return from it. I think it slready called gambling since you do not have the assurance the return of youre money plus the profit unless you are too lucky but most of the time youll ended busted. In my opinion both can be considered as gambling.
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June 19, 2018, 10:27:19 PM
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Trading/leverage trading can be compared to gambling but depends on how you are doing your trading. If you start placing your trade without studying the market and not analyzing anything, but with a hope of "gaining" something then you are actually gambling cause you are hoping to make profit but you are totally uncertain about what is going to happen. But if you do your analysis properly chances are high that you have predicted the outcome thus this time you aren't gambling.

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June 20, 2018, 07:49:29 AM
 #20

Both trading and leverage trading can be compared to gambling. The less you know what you are doing and the more you are relying on luck on how you feel the market will go, the more of a gambler you are. The difference is, leverage trading is similar to gambling when you borrow money, so you can bet higher amounts. You can win more but you can lose faster as well.
Precisely, leverage trading compared to gambling all I can say is worst in gambling. There's no assurance in gambling but in trading maybe you have a chance. If I rate them in my own the lowered one is gambling, pure luck base on gambling but in trading, you have a chance by searching and make a study of what coin you trade for.
For me, these two things are very risky, so I will not engage of these of strategy in earning money.
I don’t know how can you compare gambling with trading and leveraged trading? Trading is far better than gambling because it is business and the source of making more and more money while gambling is the way of losing your earned money. It will take to into debts and you will never be able to pay those debts till the end of your life and finally you will suicide.
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