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Author Topic: Combination of gambling and trading  (Read 769 times)
just_Alice
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July 27, 2021, 11:25:40 PM
 #41

You can do this 2 activities at the same time IMO, but if it's too time consuming for you, you should limit the amount of time spent in each of these activities. On which game are you gambling precisely? You should try to place less bets per day and making less daily trades.

Combining these 2 activities is indeed time consuming. If you are not ready to this kind of lifestyle, better know what are your goals first why you are doing these 2. Both can incur you losses, but certainly, gambling will bankrupt your funds if you don't know how to strategize your games. Plan ahead, set your limits, know your goals for the day. Because if you don't know what you wanted to achieve, you will really get lost in the process.
Why would gambling bankrupt his funds more easily or more quickly, I don't understand. It's basically the same thing you've too predict an outcome that nobody knows and to bet money on it. In trading you must pay fees on all your trades and in gambling you have the house edge but at the end it's the same thing, you can lose as much money in trading and even more, as in gambling.
Because unlike with many gambling games which are not skill-based, trading can be profitable. If OP spends a lot of time doing research, as claims, then it is possible for them to actually earn money with trading, especially daily trading, which is no rocket science but requires observance and patience.

You’re right that sometimes trading can lead to money loss, as much as gambling, but in time one can learn and improve in this field, whereas in games of chance it’s not possible.
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July 27, 2021, 11:35:41 PM
 #42

The two can be done if you know how to manage your time. You only need to improve your time management and how you handle activities. It doesn't have to be two at the same time but you rather finish one at a time and then you do what's next.
As you combine two, you can set the time for your daily activity like you put gambling for this day and trading for the next day, that's possible if you don't want to remove any of these activities from your daily living.

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July 27, 2021, 11:41:59 PM
 #43

Combining these 2 activities is indeed time consuming. If you are not ready to this kind of lifestyle, better know what are your goals first why you are doing these 2. Both can incur you losses, but certainly, gambling will bankrupt your funds if you don't know how to strategize your games. Plan ahead, set your limits, know your goals for the day. Because if you don't know what you wanted to achieve, you will really get lost in the process.
Why would gambling bankrupt his funds more easily or more quickly, I don't understand. It's basically the same thing you've too predict an outcome that nobody knows and to bet money on it. In trading you must pay fees on all your trades and in gambling you have the house edge but at the end it's the same thing, you can lose as much money in trading and even more, as in gambling.
Because unlike with many gambling games which are not skill-based, trading can be profitable. If OP spends a lot of time doing research, as claims, then it is possible for them to actually earn money with trading, especially daily trading, which is no rocket science but requires observance and patience.

You’re right that sometimes trading can lead to money loss, as much as gambling, but in time one can learn and improve in this field, whereas in games of chance it’s not possible.

Although trading is the same as playing gambling, it can result in losing money, but trading if we study it seriously, then the opportunity to make
a profit in trading is greater than playing gambling. What is needed in trading is only our knowledge in analyzing the market and controlling emotions
to be able to become successful traders. So we can make trading as a source of income if we really have the knowledge and experience, while
playing gambling is only for entertainment, because after all playing gambling is only an activity that depends on luck, so the chance of making a profit
from gambling is only 50-50.

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July 28, 2021, 02:09:38 AM
 #44

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
You need time management in order to do these things at the same time without feeling pressure.

Just curious to know are you a regular gambler? Is it for fun or you're playing as your resources to make money? Because trading and gambling has similarities, cant guarantee a sure profit.

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July 28, 2021, 02:19:53 AM
 #45

is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.

Just continue to do it with a minimum spend. Being aggressive won't help as it might give you a problem. Slowly while in the process, you will be used to it. If we do things regularly, our skills enhanced and improve over time.

However, to start with, relax your mind by minimizing your works and activity.

It's fine to work hard but at the same time, work-wise. Only you can help yourself.

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July 28, 2021, 04:21:12 AM
 #46

What do you mean combining trading and gambling? I can't think of any way to do it. They're two separate bananas. While both of them entail risks and could also give you money at the same time, they are two separate worlds that might be impossible to combine.

Analyzing bets is nothing similar to analyzing charts, for example. It depends on the game, but most of gambling games only require luck. That's not true with trading. Moreover, gambling results are mostly taken out of random generators. In trading, prices do not just move randomly. There are reasons for it.
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July 28, 2021, 04:31:21 AM
 #47

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.

Well, in both you must be extremely careful, I would recommend that you do medium and long-term trading, this so that you have time to react to sudden market movements, in gambling I advise you to do it and to micro- every day. earnings, that is, everything you do in a positive balance is earnings, it does not matter if you earn a little a day.

What I do not recommend doing is that you want to make big gambling winnings in 1 day or a few times playing, because the probability that you will lose increases a lot, unless you have very good luck.

The analogy between trading and gambling is that if you can see it as a long-term business you will be successful, so far that is what I have learned and therefore I share it with you to see if it helps or serves you.

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July 28, 2021, 04:59:33 AM
 #48

stress and lack of sleep is indeed one of a sign that your over work  . i too experience this before and the only way to cure it is to reduced your activity if you have too many . you only need to prioritize if what do you think is important . trading  and gambling could be two of them because you can earn a profit in trading but in gambling ,
 it will be harder because this activity depends more on luck but you can use it as a stress reliever because trading alone can be verry stresfull .

Yeah trading will made you stressed if you don't really know how to handle it on a sense that you're treating it as gambling. Though we find it interesting to bet at online gambling sites, but you don't even realize how much money you'll going to wasted just for fun. That's how we compared it on trading, at least there's chance if you're stressed on trading but in the future you'll be able to gain higher profit despite of stressful activities.
in trading the stress could be felt in the beginning but as soon as we know how it work thats the time it will became easier and highly profitable tho we can also profit high in gamble but that if we bet on games with higher jackpots and if we bet a little higher yet we should done this in moderation because this can interfere with our trading activities if we chose to prioritize trading  .
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July 28, 2021, 05:18:39 AM
 #49

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
You need to choose between gambling and trading and do not put it together because that can make you feel blow your mind.
It is normal if you feel stressed and depressed because you are trying to analyze both, although we do not know if you simultaneously did.
But I suggest you choose to trade and leave gambling as a fun activity that does not make you research deeper than gambling.
We never know when we can get lucky in gambling and trading, but in trading, we will have more chances to profit, even if the price now is reduced than the price we bought because the price will be back to the high price soon.
So if you can focus on trading and only gambling because you have free time, I am sure your mind will not think much about gambling.

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July 28, 2021, 05:21:14 AM
 #50

Why you need that's combination? Are you looking to learn that to understand both of gambling and trading? Binary option is gambling but the game work is similar like trading, but it doesn't mean after you learn Binary option you will mastered actual trading. Because if you learn Binary option, you're learn about the gambling game itself, it's different with actual trading since there's no such win and lose.

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July 28, 2021, 07:05:42 AM
 #51

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.

I don't mean to sound rude, but this is a question from the series "how to multiply two by two and get five". The answer is obvious - it's impossible. Time management can help you organize your time efficiently, but that doesn't mean you  will have extra hours per day to work on. I think you should focus on one activity and start doing something else only when you achieve the desired results.

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robelneo
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July 28, 2021, 07:14:58 AM
 #52

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.

My question is, is it worth it, that you are getting depressed and your health is deteriorating because of over thinking and lack of sleep, do you want to earn money which you will use for hospitalization once you breakdown, you should take a break and thinks about what matters most, trading and gambling is indeed consuming, but you should do it the right way and you are comfortable doing it, if your multitasking is giving you headache and depression, it's time to take a break.
One of the most important things in life is you can sleep well, it's your road to good health.

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July 28, 2021, 10:12:38 AM
 #53

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
If you can't manage both at the same time and feeling stressed out too much then simply evade one for certain period of time like gambling can be avoided for some time if you are not professional one so basically focus on trading and do multitasking in the same time and learn time management technique.Then again Carry with your work of both gambling and trading.If you want to have fun of both and good at price prediction then Rollbit have trading also to bet upon with many leverage coins option.But at last you need to meet up both if you are willing to do so.

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Zilon
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July 28, 2021, 12:02:49 PM
 #54

The two can be done if you know how to manage your time. You only need to improve your time management and how you handle activities. It doesn't have to be two at the same time but you rather finish one at a time and then you do what's next.
As you combine two, you can set the time for your daily activity like you put gambling for this day and trading for the next day, that's possible if you don't want to remove any of these activities from your daily living.
Time management is very Paramount if he truely wishes to combine both but I bet he will not manage his emotions and once a gambler tries trading he would want to use the greedy nature he obtained from gambling into trading. I would rather suggest he focuses on one become perfect at it then he can possibly decide if the other is worth investing his time in.
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July 28, 2021, 12:10:45 PM
 #55

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
You need time management in order to do these things at the same time without feeling pressure.
time management will bring us freedom in our gambling activities and also will allow us to become more responsible and worth playing as we know how to limit our funds and time.
Quote
Just curious to know are you a regular gambler? Is it for fun or you're playing as your resources to make money? Because trading and gambling has similarities, cant guarantee a sure profit.

Wrong , In trading you have more possibilities or gaining if you know what you are doing and know what you engaging but in gambling as it is purely luck ? lol this is not comparable in gambling at all.

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July 28, 2021, 12:28:25 PM
 #56

Just like what you have said you can't handle it so why are you insisting on combining the two? I think you should focus on one, choose which do you prefer. But if you're going to ask me I go with the trading because if you lose in trading there still a chance of recovering since the market goes up and down while in gambling if you lose, you lose.

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July 28, 2021, 12:43:34 PM
 #57


My question is, is it worth it, that you are getting depressed and your health is deteriorating because of over thinking and lack of sleep, do you want to earn money which you will use for hospitalization once you breakdown, you should take a break and thinks about what matters most, trading and gambling is indeed consuming, but you should do it the right way and you are comfortable doing it, if your multitasking is giving you headache and depression, it's time to take a break.
One of the most important things in life is you can sleep well, it's your road to good health.

I hope every trader especially newbie trader find a time for themselves to rest and relax from their stressed out trading and gambling activities. Honestly, it is not really worth it to deprive your health just to be able to learn but at some point it is also worth it to be able to learn how to gamble and trade at the same time but first set your health at the top priority. It is better to take a small step at a time but meaningful.
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July 28, 2021, 12:46:34 PM
 #58

Just like what you have said you can't handle it so why are you insisting on combining the two? I think you should focus on one, choose which do you prefer. But if you're going to ask me I go with the trading because if you lose in trading there still a chance of recovering since the market goes up and down while in gambling if you lose, you lose.

If we are talking about margin trading, then there is exactly the same situation - if you have not guessed the movement, then you lose the bet and the reverse movement will not help you. But even if you do not use margin trading, the situation is similar - those who bought bitcoin at 20k in 2017 had to wait three years to make a profit. This is more like investing than trading.

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July 28, 2021, 01:16:50 PM
 #59

lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is anyone in this category can help me with advice on how to go about combining trading and gambling at the same time.

If you know how to manage your time properly then I don't think there would be a problem. You could set a certain schedule for gambling and trading so you could focus on it well. It's time-consuming but you can handle both once you know how to manage your time. It might sound hard in the beginning but you also have to discipline yourself and apply the first thing first strategy. Don't stress yourself out and try to keep calm so you could still stay on the right track.
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July 28, 2021, 04:52:27 PM
 #60

The two can be done if you know how to manage your time. You only need to improve your time management and how you handle activities. It doesn't have to be two at the same time but you rather finish one at a time and then you do what's next.
As you combine two, you can set the time for your daily activity like you put gambling for this day and trading for the next day, that's possible if you don't want to remove any of these activities from your daily living.
Time management is very Paramount if he truely wishes to combine both but I bet he will not manage his emotions and once a gambler tries trading he would want to use the greedy nature he obtained from gambling into trading. I would rather suggest he focuses on one become perfect at it then he can possibly decide if the other is worth investing his time in.
We will know if that's how he's like but as long as he's looking forward to doing the suggestions that he has seen on this thread, that's for him to decide.
But if he thinks that he has to choose one with what you and the others have suggested then it's also up to him if that's fine for him. And as long as he's happy with his choice and has raised awareness for himself with what he's about do, he should be fine choose both or any of it.

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