Combination of gambling and trading

[Fredomago]

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.

Besides, it's his money to spend and whatever decision he choose to follow, everything depends from how he will execute.

Success or the other way around, the only thing here is to read and learn coming from those experienced people who are sharing their experiences within this topic.

Nothing change the fact that whatever he takes the ride will rely withing his shoulder to succeed.

[Dread Pirate Roberts]

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.

There are traders who adding the element of gambling in trading. but more commonly called speculative. and speculative trading is assisted by elements of reading chart make analysis and trading style of each person, so its like predictions and speculations emerge. So far the people I know who do things like that understand the basics of reading charts in trading.  but yes its similiar to gambling but i think its quite different.

[DoublerHunter]

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.

There are traders who adding the element of gambling in trading. but more commonly called speculative. and speculative trading is assisted by elements of reading chart make analysis and trading style of each person, so its like predictions and speculations emerge. So far the people I know who do things like that understand the basics of reading charts in trading.  but yes its similiar to gambling but i think its quite different.

^ They had certain differences even though they had quite similarities of each other, it seems like the coin but has indifferent faces.
But if my place, I rather choose to trade than this speculative, you can draw your own conclusion on predicting the market price on your own since you know it already how to analyze and read the chart. To avoid confusion, I rather stick to one activity than combining them all, it seems like you can't focus if there is your gambling speculative and trading which is it need your hourly monitoring. Nevertheless, the amount should always be affordable in your pocket.

[Oilacris]

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.

There are traders who adding the element of gambling in trading. but more commonly called speculative. and speculative trading is assisted by elements of reading chart make analysis and trading style of each person, so its like predictions and speculations emerge. So far the people I know who do things like that understand the basics of reading charts in trading.  but yes its similiar to gambling but i think its quite different.

Always been speculative and there's always that kind of emotion on where you do really have those kind of thoughts in mind that it might really be going that way when it comes to price movement.

We do really gamble out sometimes towards our analysis even though it isnt that sure but basing off with some sentiment then you do took risk and finding out if you are right or not.

I can really say that there are really times where a trader could really be having that gambler kind of behavior but well its always been risky no matter what angle you do look on.

[Rengga Jati]

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.

Wow, indeed.
Trading especially day trades always spends much of our time all day long. Moreover in my country, it is like trading at night is the best way I can do. And of course, lack of sleep will be here always surrounding us if we cannot control ourselves and also always attracted to pick another trade. That is why I decided not to doa very often daytrade again   
But of course, daytrade may also give us big profits, sometimes.
And moreover, if we are trading and gambling at once every day, I can really feel what you are experiencing.
Be careful mate, whatever and however the money or interests that you are getting, health is number one. Manage your own time to at least get enough sleep and also entertainment to refresh your mental, physics,a nd also mind,

[dothebeats]

You should let go one of them otherwise you'll just be stressing yourself and putting your money and financial security in danger, especially if you trade and gamble out of frustration. I would suggest that you focus on just trading as gambling is basically a one-way street with no assurances that you'll hit the jackpot and make bank with it. In trading, you can always adjust your approach and put yourself in a position wherein you will be able to minimize the risk without sacrificing much of your profit.

Or just learn a skill, be a tradesman and make more money than you'll ever do with gambling and trading combined.

[fortunecrypto]

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.

Obviously, you are not good at time management which is very necessary if you are into something that requires enormous time and effort, I've known some people who can do this and still sleep better at night, you should concentrate first on what matters and what you love to do between the two, if you become good at doing the first one then you can include the other one slowly in your activity, do not be to hurry to master both, the most important thing is your health, everything is secondary.

[lienfaye]

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.

Of course we have more chance to earn in trading unlike in gambling that is more on luck. What I said is they have similarities, it means they're associated with risk thus a guaranteed profit is not certain and it depends on our strategy (if you trade).

On the other side if you cant manage your time to do both, then might as well focus on what you most prefer to do. Dont force yourself if its giving you a hard time because your health might put at risk.

[Wexnident]

Obviously, you are not good at time management which is very necessary if you are into something that requires enormous time and effort, I've known some people who can do this and still sleep better at night, you should concentrate first on what matters and what you love to do between the two, if you become good at doing the first one then you can include the other one slowly in your activity, do not be to hurry to master both, the most important thing is your health, everything is secondary.

You don't really need to manage your time with gambling though? Managing your bank roll should be plenty enough, meaning have a certain limit. That limit also affects the time you play, so it's basically 2 birds in one stone. Gambling is an enjoyment, while trading is a way to earn money, stop thinking of the two as the same since it's pretty stupid and just messes up the proper mindset that you should have when doing these two, most especially in gambling.
 

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.

Of course we have more chance to earn in trading unlike in gambling that is more on luck. What I said is they have similarities, it means they're associated with risk thus a guaranteed profit is not certain and it depends on our strategy (if you trade).

Well if you also consider sports gambling, then it's quite similar to trading with the aspect of playing in chances and probabilities based on current data.

[bitterguy28]

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 thought you are stressed because of your redtags  try to find suitable doings that abusing the forum.

Gambling or trading best to choose and never do it both because it is rtoo risky.

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.

There are traders who adding the element of gambling in trading. but more commonly called speculative. and speculative trading is assisted by elements of reading chart make analysis and trading style of each person, so its like predictions and speculations emerge. So far the people I know who do things like that understand the basics of reading charts in trading.  but yes its similiar to gambling but i think its quite different.

there are gambling sites that allows us to either gamble or trade in their platform so best to gamble sometimes then trade sometimes , just do it one at a time.

[Kemarit]

You should let go one of them otherwise you'll just be stressing yourself and putting your money and financial security in danger, especially if you trade and gamble out of frustration. I would suggest that you focus on just trading as gambling is basically a one-way street with no assurances that you'll hit the jackpot and make bank with it. In trading, you can always adjust your approach and put yourself in a position wherein you will be able to minimize the risk without sacrificing much of your profit.

Or just learn a skill, be a tradesman and make more money than you'll ever do with gambling and trading combined.

Yes, it's really going to put a lot of stressed on the individual if he wanted both of them.

Even I betting and gambling are already stressful enough, I can't sleep when I have a bet on something what more if you have trading activity as well. And I would rather sacrifice one instead of my health which is the most important thing for everyone here, gambler or not.

[gabbie2010]

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.

With regards to trading the OP should adopt a higher timeframes approach for trading eg minimum of 6 or 12 hour timeframes which is available on binance trading app thus fewer time to analyze a trade maybe 30 minutes before the close the candle that means less stress the OP will only need to monitor a trade once in a while throughout a day.
The OP didn't explain the type or aspect of gambling activity involved for instance if soccer, basketball, table tennis or horse racing betting, slots casinos etc personally I  am into soccer betting thus I do analyze on Fridays for weekend matches while occasionally on Mondays if their are midweek matches.

[smyslov]

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 tried it once trying to do multi-task, posting here and doing trading and at the same time, doing captcha you cannot keep up on trading and doing some other thing it's time-consuming, and your mind keeps shifting from one tab to another, I got a headache doing that and you cannot do anything offline everything is online I gain 5 kilos because of this, you have to get up from your chair from time to time.

[traderethereum]

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.

Of course we have more chance to earn in trading unlike in gambling that is more on luck. What I said is they have similarities, it means they're associated with risk thus a guaranteed profit is not certain and it depends on our strategy (if you trade).

On the other side if you cant manage your time to do both, then might as well focus on what you most prefer to do. Dont force yourself if its giving you a hard time because your health might put at risk.

Focusing on trading will be better since you can earn money and not playing gambling too often.
That can help you distract your mind from thinking about playing gambling because you will see that you have more chances to make money in trading than gambling.
And once you see that you can get the profit from trading, you will want to repeat the process to get a bigger profit.
In the end, you will not touch gambling and even think that gambling is one of the ways to make money.

[Beparanf]

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 tried it once trying to do multi-task, posting here and doing trading and at the same time, doing captcha you cannot keep up on trading and doing some other thing it's time-consuming, and your mind keeps shifting from one tab to another, I got a headache doing that and you cannot do anything offline everything is online I gain 5 kilos because of this, you have to get up from your chair from time to time.

What kind of trading are you doing bro? Even a swing trade don't require that stressful work unless you are watching every transaction made on the exchange? You should set a TP/SL when you are trading and just wait for it to trigger your setup, Stop doing a FOMO boy trading or else you will gain more kilos but doing that hassle stuff. Be a smart trader, the only thing you need to make is chart analysis then make a position.

[Jackl87]

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 feel stressed because of those 2 things than you should either take both of those things more slowly or pause doing one of those 2 things or even both things completely for a while. If you rely on the income from trading for you daily living, which would be a bad thing because you never know if you make a profit or a loss, than of course you should slow down or stop with gambling first. If you are doing both things just for fun or for a little money on top than you can just pause the active trading for a while too. I also would like to add, that the only reason why you should gamble is because you have fun to do so. If you feel stressed because of gambling, than, like i already said it is time to pause until you have fun doing it again.

[qwertyup23]

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.

The best advice I could give to you is to focus into ONE activity at a time. You cannot juggle two worlds at the same time considering that gambling and trading are two different spaces that are different from each other.

Assuming that you would focus on TRADING, experience is the key. Since you have mentioned that you do research, then continue to do what you've been doing and disregard your ideas on gambling.

Assuming that you chose GAMBLING instead, I would warn you though. I do think that long-term gambling is not sustainable especially if you aim on earning profit due to its nature revolving around luck.

[Saisher]

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.

Both gambling and trading are time and effort consuming I don't think you can be successful on both without having good sleeps, if you cannot keep up and do not have time management I don't think you can succeed on both, you have to pick one to copncentrate your time and effort and  one you master th eone you choose, you can integrate the other, slowly.

[goinmerry]

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.

Plan on managing your time. You are not superhuman where you can take many activities at the same time.

Focus on a few things first. Trading is stressful and much more stressful if you will work on other stressful things.

Stay away from being stress. Help yourself to do that.

[KTChampions]

The best advice I could give to you is to focus into ONE activity at a time. You cannot juggle two worlds at the same time considering that gambling and trading are two different spaces that are different from each other.

Assuming that you would focus on TRADING, experience is the key. Since you have mentioned that you do research, then continue to do what you've been doing and disregard your ideas on gambling.

Assuming that you chose GAMBLING instead, I would warn you though. I do think that long-term gambling is not sustainable especially if you aim on earning profit due to its nature revolving around luck.

These are good tips, but I can assume that for the author of the topic at the moment, trading and gambling are about the same. How else to explain the fact that he is trying to do these things at the same time. I agree that first he need to focus on one thing and that should be trading. He must study it at least to the level of understanding that will allow him to engage in trading seriously and not as if a bet is being made in a casino.