*Day Traders* are now calling gambling Addiction helplines!!

[Rehan Zakir]

Yes! It is right that day trading is just like gambling habit. Traders that like to earn money from short term trades and exit the market they prefer day trading then the long term holding. Because in this way, traders earn small profits with low risk factor. And some peoples do trading regularly to make profit. And their routine looks like a gambling.
But traders have their own choice.

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[South Park]

Yes! It is right that day trading is just like gambling habit. Traders that like to earn money from short term trades and exit the market they prefer day trading then the long term holding. Because in this way, traders earn small profits with low risk factor. And some peoples do trading regularly to make profit. And their routine looks like a gambling.
But traders have their own choice.

Those that are calling those gambling addiction helplines have to be the ones that are losing their money, after all if you are a day trader and you are winning then why do you need any help? The only way it could make sense is if the person is always staring at their screen to see if they can catch a profitable trade, but this could be easily solved with a bot, the ones that are calling are obviously the ones that are trading and are losing a fortune in the markets, and this is because they are trading in the same way they gamble and that is a mistake.

[carlfebz2]

Yes! It is right that day trading is just like gambling habit. Traders that like to earn money from short term trades and exit the market they prefer day trading then the long term holding. Because in this way, traders earn small profits with low risk factor. And some peoples do trading regularly to make profit. And their routine looks like a gambling.
But traders have their own choice.

Those that are calling those gambling addiction helplines have to be the ones that are losing their money, after all if you are a day trader and you are winning then why do you need any help? The only way it could make sense is if the person is always staring at their screen to see if they can catch a profitable trade, but this could be easily solved with a bot, the ones that are calling are obviously the ones that are trading and are losing a fortune in the markets, and this is because they are trading in the same way they gamble and that is a mistake.

Yeah you could make use of bots but there are instances or situations on where it does need human intervention which simply means that being a day trader doesnt really fully rely with bots if you do ask me.

Addiction in trading and addiction in gambling is different because on trading you've been dealing on thing which could possibly give out profits if you done it right and also you could apply analysis into it

not like with gambling where you do make out bets and dealing with leisure and not an investment and thats the main difference.

[Sled]

snipped...

Those that are calling those gambling addiction helplines have to be the ones that are losing their money, after all if you are a day trader and you are winning then why do you need any help? The only way it could make sense is if the person is always staring at their screen to see if they can catch a profitable trade, but this could be easily solved with a bot, the ones that are calling are obviously the ones that are trading and are losing a fortune in the markets, and this is because they are trading in the same way they gamble and that is a mistake.

Yeah you could make use of bots but there are instances or situations on where it does need human intervention which simply means that being a day trader doesnt really fully rely with bots if you do ask me.

Addiction in trading and addiction in gambling is different because on trading you've been dealing on thing which could possibly give out profits if you done it right and also you could apply analysis into it

not like with gambling where you do make out bets and dealing with leisure and not an investment and thats the main difference.

I have to agree that using bots in trading is not effective all the time. It could be just an alternative to working on us in behalf of our absence but above all of the strategies and decision making still, it relies on us (humans).

And in regards to addiction, I don't think that really it happens in trading, unlike in gambling. Maybe we can say trading is like gambling due to the nature of the market but that is the only comparison they have, it all has differences and results. We can make a good living in trading, a far different from what we got from gambling.

[fullhdpixel]

I have to agree that using bots in trading is not effective all the time. It could be just an alternative to working on us in behalf of our absence but above all of the strategies and decision making still, it relies on us (humans).

And in regards to addiction, I don't think that really it happens in trading, unlike in gambling. Maybe we can say trading is like gambling due to the nature of the market but that is the only comparison they have, it all has differences and results. We can make a good living in trading, a far different from what we got from gambling.

Trading bots are basically us, that's what people do not understand. It is us that trades for us 7/24 non-stop. However great you are, will be how your bot is, if you are bad then it will be bad as well. I personally try to not look at it that way, I try to look at it like it is something that is like my arm, or my leg, like an extension of myself. That way I end up with trading bots that are never failing to do expected stuff.

I tell it to do something and it does that, which means I wanted to do something and it happened, I was just not there while it happened. If you do that with VPS then you do not even have to check it constantly, it will be there working on its own and that's a great feeling.

[South Park]

Yes! It is right that day trading is just like gambling habit. Traders that like to earn money from short term trades and exit the market they prefer day trading then the long term holding. Because in this way, traders earn small profits with low risk factor. And some peoples do trading regularly to make profit. And their routine looks like a gambling.
But traders have their own choice.

Those that are calling those gambling addiction helplines have to be the ones that are losing their money, after all if you are a day trader and you are winning then why do you need any help? The only way it could make sense is if the person is always staring at their screen to see if they can catch a profitable trade, but this could be easily solved with a bot, the ones that are calling are obviously the ones that are trading and are losing a fortune in the markets, and this is because they are trading in the same way they gamble and that is a mistake.

Yeah you could make use of bots but there are instances or situations on where it does need human intervention which simply means that being a day trader doesnt really fully rely with bots if you do ask me.

Addiction in trading and addiction in gambling is different because on trading you've been dealing on thing which could possibly give out profits if you done it right and also you could apply analysis into it

not like with gambling where you do make out bets and dealing with leisure and not an investment and thats the main difference.

It is true there are instances which a bot may not solve on their own, but even if that is the case you could at least code your bot to send you a message when that is the case, that way you can obtain profits with your strategy without staring at the screen all the time and only do so when there is something worth your attention, now about the second part of your post, it is true that gambling and trading are different but there are many people that treat them in the same way and as such they get the same results.

[TelolettOm]

Day traders are very addicted once we really know how to trade daily and earn much money from it.
But, I am sure that it is different from gambling addiction.
That may be some addiction but it is exactly different from gambling addiction.
Gambling addiction commonly will not really pay attention to how they play, they only want to lay gambling.
But daily trade is different. They focus on their trades, doing always research and also analysis to the market, always focus on market analysis in order to get and earn profits always, doing trading again and getting profits again.
But, if we cannot control it and we don't know enough how to do with the trading, it may be like gambling addiction

[Fatunad]

Day traders are very addicted once we really know how to trade daily and earn much money from it.
But, I am sure that it is different from gambling addiction.
That may be some addiction but it is exactly different from gambling addiction.
Gambling addiction commonly will not really pay attention to how they play, they only want to lay gambling.
But daily trade is different. They focus on their trades, doing always research and also analysis to the market, always focus on market analysis in order to get and earn profits always, doing trading again and getting profits again.
But, if we cannot control it and we don't know enough how to do with the trading, it may be like gambling addiction

Addiction in trading is somewhat much preferable compared when you do get addicted with gambling or with other vices but doesnt mean that you shouldnt really be that prepared on how to handle them up because everything which is excessive would be always bad and you should really be keen with these
kind of situations.Addiction is something talks about being excessive but of course if we do talk in trading then it is somewhat a  beneficial kind of
act because the more experience you do get from trading the more better you would be.

[South Park]

Day traders are very addicted once we really know how to trade daily and earn much money from it.
But, I am sure that it is different from gambling addiction.
That may be some addiction but it is exactly different from gambling addiction.
Gambling addiction commonly will not really pay attention to how they play, they only want to lay gambling.
But daily trade is different. They focus on their trades, doing always research and also analysis to the market, always focus on market analysis in order to get and earn profits always, doing trading again and getting profits again.
But, if we cannot control it and we don't know enough how to do with the trading, it may be like gambling addiction

Addiction in trading is somewhat much preferable compared when you do get addicted with gambling or with other vices but doesnt mean that you shouldnt really be that prepared on how to handle them up because everything which is excessive would be always bad and you should really be keen with these
kind of situations.Addiction is something talks about being excessive but of course if we do talk in trading then it is somewhat a  beneficial kind of
act because the more experience you do get from trading the more better you would be.

Addiction no matter to what is very destructive, even in the best case scenario in which the trader was a profitable one and was obtaining money out of his trades we are talking about a person that probably is not sleeping or eating well and it is disregarding other important aspects of his life like his family, this is not a healthy way of living and it will eventually diminish his quality of life, and if he is a losing trader then the losses he can incur are probably higher than anything he can lose while he gambles.

[Sanitough]

My question is : *How far is day trading from Gambling according to you?*
Is that a valid comparison?? Are we soon going to consider the day trading *gambling?*

There's a valid comparison if you are gambling based on your skills.

Problem is, the majority of the gamblers do not use their skills, they tend to rely on their luck more and they are undisciplined, so you can really expect that problem will occur over time which is what creates an addiction. Day trading is different, before you enter into day trading, you already understand the risk and your chances, you don't play the game by just doing some random choices, you choose your strategy based on the information you gathered and the experience your earn.

[lixer]

one thing is very important that when peoples start this trading professionally they have done their own strategies for long term because they have all things in their hand, and they understand how to manage but in gambling it's never been works you can't go with strategies mostly it's happen through luck and this can break you any time without any serious trouble.

I don’t see how trading and gambling are the same with each other. They are both totally different, because when it comes to trading you’re required to do analysis and through this analysis you’re able to predict what the market would turn out to be, although I do understand that analysis doesn’t really give you hundred of what the market would be, but at least you’re able to tell that the market will likely go a particular direction due to one thing or the other that would happen.

Finally I would like to add that there can always be an addiction for anything, even in day trading there can be an addiction and since there are risks involved, you’re taking risks by being addicted to it, because you will be losing money all the time. So addiction is always bad and should be avoided.

[MIner1448]

And what's surprising here, I'll tell you more, remember there were slot machines before, so they all switched to such platforms under the cryptocurrency, such people have no goal to make money, they have excitement and they get some kind of pleasure from it, where there are risks of losing everything and where there is excitement, there will always be people of chance ...