Gambling is like day trading ?

[FontSeli]

Technical analysis works well in the stock and currency markets. In the crypto market, I have seen enough cases when technical analysis made serious mistakes. I may have applied it incorrectly and these were my mistakes. However, it is true that gradually the more you trade you learn to do it better and better. And for a long period of time, a skilled trader will trade with profit.
When playing dice, you can't influence the result in any way with your ability, you only need luck.

The more we can learn, the more our chance to make a profit. Not just learn for another lesson, but it is also learned from your mistake that will give you another lesson. I also make a mistake in trading by analyzing the wrong entry point, so that makes me get lost, but that is not stopping me from learning more about analysis. It is different from the dice game as we know that we need to have the luck to win.

So I'm not the only one who thinks so. I am very happy that there were many responses to my idea and we all share the same opinion. For trading on crypto exchanges really need to have the necessary experience and skills, and for most gambling games, you need to rely on your luck.

[$crypto$]

The more we can learn, the more our chance to make a profit. Not just learn for another lesson, but it is also learned from your mistake that will give you another lesson. I also make a mistake in trading by analyzing the wrong entry point, so that makes me get lost, but that is not stopping me from learning more about analysis. It is different from the dice game as we know that we need to have the luck to win.

So I'm not the only one who thinks so. I am very happy that there were many responses to my idea and we all share the same opinion. For trading on crypto exchanges really need to have the necessary experience and skills, and for most gambling games, you need to rely on your luck.

In gambling games, there is no khurus skill, just rely on your luck, you will be lucky, but what can be controlled in gambling is greed, so you can play gambling without losing big.

In trading it is possible to talk such as analysis and skills that we must prepare to know which coins we trade for profit.

But gambling is always challenging where we can play again even though we have suffered huge losses.

[FontSeli]

In gambling games, there is no khurus skill, just rely on your luck, you will be lucky, but what can be controlled in gambling is greed, so you can play gambling without losing big.

In trading it is possible to talk such as analysis and skills that we must prepare to know which coins we trade for profit.

But gambling is always challenging where we can play again even though we have suffered huge losses.

If it is fair to say that in some gambling games require skill. For example, poker or sports betting. That is why when I say that gambling requires more luck, I specify that I am not talking about all types of gambling.
In trading on crypto exchanges, too, luck will not be superfluous. However, here skill is more important than luck.

[BitcoinsGreat]

Technical analysis works well in the stock and currency markets. In the crypto market, I have seen enough cases when technical analysis made serious mistakes. I may have applied it incorrectly and these were my mistakes. However, it is true that gradually the more you trade you learn to do it better and better. And for a long period of time, a skilled trader will trade with profit.
When playing dice, you can't influence the result in any way with your ability, you only need luck.

The more we can learn, the more our chance to make a profit. Not just learn for another lesson, but it is also learned from your mistake that will give you another lesson. I also make a mistake in trading by analyzing the wrong entry point, so that makes me get lost, but that is not stopping me from learning more about analysis. It is different from the dice game as we know that we need to have the luck to win.

So I'm not the only one who thinks so. I am very happy that there were many responses to my idea and we all share the same opinion. For trading on crypto exchanges really need to have the necessary experience and skills, and for most gambling games, you need to rely on your luck.

You need luck in trading also. Remember the leverage platforms which pay to 10x-100x leverage amount and you have to guess the right movement of bitcoin. I think luck plays a major part there too but people think that they have skills and therefore they did a successful trade, which is not the actual reality.

[greylandm]

We know that day trading or short time trading is like playing with wild fire, not may can handle it. That's y most player's end up in loss and very few are successful day traders.
Is that hold true for gambling also?
  There are posts here that gambling is addiction and how to get rid of.
Are there gamblers here who are in profit overall?

You're in for emotions and entertainment while gambling. You're in for cash while day-trading. That's the point.

[DabsPoorVersion]

You need luck in trading also. Remember the leverage platforms which pay to 10x-100x leverage amount and you have to guess the right movement of bitcoin. I think luck plays a major part there too but people think that they have skills and therefore they did a successful trade, which is not the actual reality.

I totally disagree, luck is not included in trading.

Trading is not as simple as you have to guess the price movement, traders have the knowledge and capability to read the market price movement base on their experience. They don't base their possible profit on luck, because every time they trade they already have their expectations.

[swogerino]

You need luck in trading also. Remember the leverage platforms which pay to 10x-100x leverage amount and you have to guess the right movement of bitcoin. I think luck plays a major part there too but people think that they have skills and therefore they did a successful trade, which is not the actual reality.

I totally disagree, luck is not included in trading.

Trading is not as simple as you have to guess the price movement, traders have the knowledge and capability to read the market price movement base on their experience. They don't base their possible profit on luck, because every time they trade they already have their expectations.

Tell me some traders that make a living from trading and you will have a lot of difficulties doing so because they are non existent.The ones showing profit at etoro trading platform are not consistent at all.Unless you happen to work in a central bank where you know before what will happen to forex pairs for example you cannot tell that luck is not included in trading because it is needed in big amounts here too just as in gambling.

[ethereumhunter]

Technical analysis works well in the stock and currency markets. In the crypto market, I have seen enough cases when technical analysis made serious mistakes. I may have applied it incorrectly and these were my mistakes. However, it is true that gradually the more you trade you learn to do it better and better. And for a long period of time, a skilled trader will trade with profit.
When playing dice, you can't influence the result in any way with your ability, you only need luck.

The more we can learn, the more our chance to make a profit. Not just learn for another lesson, but it is also learned from your mistake that will give you another lesson. I also make a mistake in trading by analyzing the wrong entry point, so that makes me get lost, but that is not stopping me from learning more about analysis. It is different from the dice game as we know that we need to have the luck to win.

So I'm not the only one who thinks so. I am very happy that there were many responses to my idea and we all share the same opinion. For trading on crypto exchanges really need to have the necessary experience and skills, and for most gambling games, you need to rely on your luck.

Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit. And that will not be the same as gambling. When you don't have luck, then you cannot get a win. But both, gambling and trading will not be easy to make money because we need to know the right timing to enter the market. In gambling, we need to know when we can stop gamble, so we don't lose all of the money.

[Natalim]

Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit.

And that will not be the same as gambling.

If you think that gambling is based on luck, you would not really think that you can also consider gambling as a way like in trading where you can analyze  the game, the game that I am referring are not games that are played based on luck only, games with house edge because we can never win consistently in games with house edge, I am referring to sports betting and poker as well.

[Kong Hey Pakboy]

You need luck in trading also. Remember the leverage platforms which pay to 10x-100x leverage amount and you have to guess the right movement of bitcoin. I think luck plays a major part there too but people think that they have skills and therefore they did a successful trade, which is not the actual reality.

I totally disagree, luck is not included in trading.

Trading is not as simple as you have to guess the price movement, traders have the knowledge and capability to read the market price movement base on their experience. They don't base their possible profit on luck, because every time they trade they already have their expectations.

Indeed. You don't need luck in trading because for you to earn good profit in trading you need to have skills on how you make a successful trade and analyze the market's movement. In gambling, there are specific games that you need to have skills like poker, but mostly for you to win in gambling you really need to have some luck.

[boyptc]

You're in for emotions and entertainment while gambling. You're in for cash while day-trading. That's the point.

Well, I doubt that most gamblers are just for the entertainment.

It's also attached that most gamblers are in for the profit.

[matchi2011]

You're in for emotions and entertainment while gambling. You're in for cash while day-trading. That's the point.

Well, I doubt that most gamblers are just for the entertainment.

It's also attached that most gamblers are in for the profit.

More on profits and less with entertainment, gamblers are there to try pushing some luck to earned it's not new to this industry. Also the very reason why lots of addicted gamblers ruined their life because of misconceptions.
Taking the risk without knowing anything will ends you up like gambling to your luck, day trading also have patterns to follow some hints that can give you good chance to position your investment to the right assets.

[FontSeli]

So I'm not the only one who thinks so. I am very happy that there were many responses to my idea and we all share the same opinion. For trading on crypto exchanges really need to have the necessary experience and skills, and for most gambling games, you need to rely on your luck.

You need luck in trading also. Remember the leverage platforms which pay to 10x-100x leverage amount and you have to guess the right movement of bitcoin. I think luck plays a major part there too but people think that they have skills and therefore they did a successful trade, which is not the actual reality.

Oh, right. I completely forgot about trading with leverage. I trade coins without using leverage. Really who trades with a shoulder of X10 or more is a really crazy guy. And this person must rely on the God of luck in addition to their skills.

[3meek]

We can also consider the fact of losing or winning as a comparison. In gambling and in trading there is approximately the same probability... Usually people lose!

[yazher]

You're in for emotions and entertainment while gambling. You're in for cash while day-trading. That's the point.

Well, I doubt that most gamblers are just for the entertainment.

It's also attached that most gamblers are in for the profit.

Most of them think that whenever they go to the gambling den or any other places that have the same setting as gambling. They always think that someday their gonna win big time. then the result is you can see them keep coming and coming to that same place with a perspective to win next time. but after next time, nothing has happened and the only thing they get is losing. the entertainment at first became a hobbit and that's when they pay the price. because after that there are only 3 days of winning and 27 days of losing every day if they cannot stop themselves.  

[StephenJH]

You're in for emotions and entertainment while gambling. You're in for cash while day-trading. That's the point.

Well, I doubt that most gamblers are just for the entertainment.

It's also attached that most gamblers are in for the profit.

Most of them think that whenever they go to the gambling den or any other places that have the same setting as gambling. They always think that someday their gonna win big time. then the result is you can see them keep coming and coming to that same place with a perspective to win next time. but after next time, nothing has happened and the only thing they get is losing. the entertainment at first became a hobbit and that's when they pay the price. because after that there are only 3 days of winning and 27 days of losing every day if they cannot stop themselves.  

Majority of the average gamblers' mind works as you mentioned, they hope and they don't want to give up about the big win bets. The one big shot should cover all losses according to the loser's gambling mind but in reality, things turn differently. Slightly decreasing life conditions and spending life savings on the casinos ruin their life and drain life motivation. In trading, the risks can be controlled and the addiction level is not high as compared to gambling.

[verita1]

I like trading more than gambling because I am looking for a small profit margin to maintain my capital. On the other hand, with gambling you enjoy your favorite games but later you get anxious to see your winnings, whether from small to large.

[boyptc]

You're in for emotions and entertainment while gambling. You're in for cash while day-trading. That's the point.

Well, I doubt that most gamblers are just for the entertainment.

It's also attached that most gamblers are in for the profit.

More on profits and less with entertainment, gamblers are there to try pushing some luck to earned it's not new to this industry. Also the very reason why lots of addicted gamblers ruined their life because of misconceptions.
Taking the risk without knowing anything will ends you up like gambling to your luck, day trading also have patterns to follow some hints that can give you good chance to position your investment to the right assets.

I still see people who think that gamblers are just going for entertainment and ignore the fact that money is the inspiration why we gamble.

They're making the reason of making money lowkey.

[FontSeli]

Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit. And that will not be the same as gambling. When you don't have luck, then you cannot get a win. But both, gambling and trading will not be easy to make money because we need to know the right timing to enter the market. In gambling, we need to know when we can stop gamble, so we don't lose all of the money.

Entering the market is absolutely not a problem, especially if you enter such coins as bitcoin, Ethereum, they can restore their price even after strong falls. The whole question is just about waiting time.
In order not to lose a lot of money in gambling, you need to be able to determine for yourself the amount after the loss of which you stop playing.

[ethereumhunter]

Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit.

And that will not be the same as gambling.

If you think that gambling is based on luck, you would not really think that you can also consider gambling as a way like in trading where you can analyze  the game, the game that I am referring are not games that are played based on luck only, games with house edge because we can never win consistently in games with house edge, I am referring to sports betting and poker as well.

Gambling still needs luck, whether we say that skills take part in gambling or not. Trading can be a way to make a profit than gambling if you have skills in trading. But if you say that sports betting and poker can give you a profit, I think that can work well too as I know that some gamblers who bet in sports and poker can make money too. Well, not all people gamble in sports and poker since the lesson to skill to collect the data in the sports and poker games will be too difficult for me.

Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit. And that will not be the same as gambling. When you don't have luck, then you cannot get a win. But both, gambling and trading will not be easy to make money because we need to know the right timing to enter the market. In gambling, we need to know when we can stop gamble, so we don't lose all of the money.

Entering the market is absolutely not a problem, especially if you enter such coins as bitcoin, Ethereum, they can restore their price even after strong falls. The whole question is just about waiting time.
In order not to lose a lot of money in gambling, you need to be able to determine for yourself the amount after the loss of which you stop playing.

Yes, but many people cannot wait for some time, and they tend to panic if they see the price drops too far. If they don't know how to trade, then they might be a gamble because they will not see how the chance to pick the right coin. That will like a gamble for me