Can trading be likened to gambling and how so?

[stomachgrowls]

I personally feel gambling is entirely different from trading and can't be used interchangeably as gambling is pure luck while in trading you have to look at whole market and make strategies to move further and make profits.In gambling you place bet and rest depends on outcome while in trading you choose the coin and money you want to invest on and you can make profits out of them.So this is my approach but it could be different from others.

I cannot really bring myself to agree with you on your idea of gambling being different from trading. When it comes to gambling, you are placing a bet and the rest depends on the outcome of the bet you have placed, and in trading you choose the coin or asset that you want to invest on and you can make profits out of them depending on what’s the outcome, and in both of them you hardly know what would be this outcome right?

So, I kind of have a little disagreement with you on this, because both gambling and trading have some similarities, they both involve giving off an asset in risk of expecting something in return of a desired amount.

They have similarities and they have also  some noticeable or significant differences when it comes to risk involved and on how to deal off with these things.You cant really just tell that its really just the same in most part but it would really be just on common sense on telling the different.

The fact that trading could end up on becoming gambling if you dont really know on what you are doing which is typical or normal but if you are putting some efforts on making some analysis
and knowledge been applied to it then it would be an another story.

If you are finding for leisure then gambling would fit out but if you do go for some investment and earning opportunity then trading would be the best choice.
Both are different in most aspect but only similar to different level of risk involved.

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[Silberman]

Many people misunderstand and quote wrongly between gambling and trading. Some people compare and define gambling with bitcoin as same thing. But from my perspective i have not seen any that collabrate gambling and trading of cryptocurrency. Gambling is game which start with prediction and it's been predicted according to what you observe with both parties. So someone wants to give definition of trading as gambling, the person should give the comparison and differentiate both in a tabular form.

We can't deny that there is no similarity between gambling and trading. According to me, in both trading and gambling we risk to increase our chance of making a good return out of the risked amount. With gambling this happens out of statistics and information gathered relative to the players and the teams involved. With Trading this gets completely associated with the market movements and the prediction connective to the past years.

ANYTHING which brings you instant money and excites you and you lose your peace of mind too is harmful - trading and gambling are same.
Yes - I repeat it takes away so much from person - that they don't even know they are drained and they lose their peace of mind mind

If a trader has that mentality when they are buying or selling a coin then I will agree with you that they are gambling instead of trading, does this mean that trading and gambling are the same? Not really, this just means that those persons do not really know the difference, trading is not an activity in which you should engage in order to obtain some kind of excitement, in fact the most successful traders around the world will tell you that trading is incredibly boring, but that doesn't matter as long as you obtain profits.

[Docnaster]

I personally feel gambling is entirely different from trading and can't be used interchangeably as gambling is pure luck while in trading you have to look at whole market and make strategies to move further and make profits.In gambling you place bet and rest depends on outcome while in trading you choose the coin and money you want to invest on and you can make profits out of them.So this is my approach but it could be different from others.

I cannot really bring myself to agree with you on your idea of gambling being different from trading. When it comes to gambling, you are placing a bet and the rest depends on the outcome of the bet you have placed, and in trading you choose the coin or asset that you want to invest on and you can make profits out of them depending on what’s the outcome, and in both of them you hardly know what would be this outcome right?

So, I kind of have a little disagreement with you on this, because both gambling and trading have some similarities, they both involve giving off an asset in risk of expecting something in return of a desired amount.

Trading and gambling are brothers, they both involve giving out money in expectance of profit or a bigger money. In both of them you can lose all your money and people are advised to only trade or gamble with what they can lose. In trading even with high knowledge of charts, the market movements do change that can make you lose, so it looks like gambling because you put your money in what you cannot control.
My question is, someone that knows how to trade can be said to have a skill, can a gambler be said to have a skill?

[xSkylarx]

With gambling this happens out of statistics and information gathered relative to the players and the teams involved. With Trading this gets completely associated with the market movements and the prediction connective to the past years.

You only pertained to a specific type of gambling which is sports betting. It is very different from slots, baccarat, and other type of games you can find on a casino or gambling website that heavily relies on luck in order to win.

Trading can also be considered gambling for me if someone trades without enough knowledge. Like some people that do leverage trading just because it can give you huge return. They don't realize how risky it is and how quick they can lose money with just small volatility.

[Michael White]

It is gambling if you are blindly putting away your money. If you study the market and then make a decision, with a plan, then you are trading.

[Franctoshi]

these are gambles trading in a gambling way buying a coin without any study or analysis and waiting for their luck just like gambling either profit or either a loss,

Do You think that most gamblers just go into game and just place their money just like that?, You forgot that same way you do proper analysis on a coin before buying, is the same way gamblers analyse their games. A good gambler/ profitable gambler always researches on their games,  let say for example in sports betting, a good gambler would do a proper research on the clubs he/she wants to bet on before putting/ placing his bet. So same way when it comes to gambling in other games like the Casinos.
In my opinion trading and gambling is almost the same but trading is gambling in disguise.

[AicecreaME]

Trading and gambling involves risk, however, they have different level of risk. For me gambling is more wild and random, full of false hope and chances but less luck, while trading is the opposite of it, because with the right amount of knowledge the risk from the beginning will lessen. Trading is much worthy in my opinion, reading price charts is easier rather than relying on your luck in gambling.

Anyway, I believe it depends on a certain person on what he really wants to do.

[lionheart78]

I personally feel gambling is entirely different from trading and can't be used interchangeably as gambling is pure luck while in trading you have to look at whole market and make strategies to move further and make profits.In gambling you place bet and rest depends on outcome while in trading you choose the coin and money you want to invest on and you can make profits out of them.So this is my approach but it could be different from others.

I cannot really bring myself to agree with you on your idea of gambling being different from trading. When it comes to gambling, you are placing a bet and the rest depends on the outcome of the bet you have placed, and in trading you choose the coin or asset that you want to invest on and you can make profits out of them depending on what’s the outcome, and in both of them you hardly know what would be this outcome right?

So, I kind of have a little disagreement with you on this, because both gambling and trading have some similarities, they both involve giving off an asset in risk of expecting something in return of a desired amount.

Taking a pointer from an article[1] view:

Trading is more of facts and figures
Trading can be done on scientific fundamentals and technicals
There is no house advantage in trading, unlike gambling
Gambling is more like a zero-sum game
There is less of adrenaline and more of discipline in trading
Greater control over the outcome in trading
You can find the explanation here[1]

That is supposed to be the concept difference between trading and gambling.

But with OP's question where he asked if trading can be like gambling in some manner then the link given by blockman pretty much explains why trading can become gambling.
[1] https://www.motilaloswal.com/blog-details/How-equity-trading-is-different-from-gambling../1358

[Silberman]

It is gambling if you are blindly putting away your money. If you study the market and then make a decision, with a plan, then you are trading.

This, there are in fact some traders out there which cannot be said to be trading the markets as they are not making any kind of analysis when they make their trades and they are just following whatever they have read on social media and they are just hoping for the best, those people are gambling and their presence is very common at most markets, however those which take the time to study each one of their movements and make a trade only once they are sure of what they are doing can be said to be traders and not gamblers.

[Eugene Buck]

Since there is speculation involved, many compare trading to gambling. But that isn’t the case as trading and gambling are two different things. Trading requires preparation and market analysis, which is certainly not what they do when they gamble.

[Poker Player]

Since there is speculation involved, many compare trading to gambling. But that isn’t the case as trading and gambling are two different things. Trading requires preparation and market analysis, which is certainly not what they do when they gamble.

It depends on the type of gambling. If you study the odds and know the type of gambling, it is more similar to trading. And in some specific games like poker or sports betting, where you can make EV+ bets, it would be even more similar.

If you play roulette while drinking a few drinks to pass the time, no, it is not similar to trading.

[sovie]

Since there is speculation involved, many compare trading to gambling. But that isn’t the case as trading and gambling are two different things. Trading requires preparation and market analysis, which is certainly not what they do when they gamble.

It depends on the type of gambling. If you study the odds and know the type of gambling, it is more similar to trading. And in some specific games like poker or sports betting, where you can make EV+ bets, it would be even more similar.

If you play roulette while drinking a few drinks to pass the time, no, it is not similar to trading.

Trading and gambling are two different things - but somehow they are also linked together. There are speculation involved and their is a lot of  focus needed. 
But those who have strong nerves can do the best.
Rest if someone get upset these are not for them

[TheUltraElite]

Since there is speculation involved, many compare trading to gambling. But that isn’t the case as trading and gambling are two different things. Trading requires preparation and market analysis, which is certainly not what they do when they gamble.

Speculation is for trading more than gambling.

In gambling on EV- games there is a quick satisfaction involved in making the best and losing or winning it. In EV+ games there needs to be background workup of the assets and their charts before making a decision - again it will take time to get filled. Therefore trading on spot is not compatible with speculation completely than what futures or marging can be compared.

I think it is better to follow what you love to do. If someone likes trading and makes profit in it, do it, don't demean yourself that you are actually gambling.

[tvplus006]

Trading and gambling are two different things - but somehow they are also linked together. ...

In this case, a lot depends on the person himself and his attitude to trading or gambling. If a person is a player by himself, then he will definitely transfer this skill to any activity that he will be engaged in. Accordingly, having come to the cryptocurrency market, he will trade with a high degree of risk, which in his opinion will have to bring either a quick profit or a loss of money.

[Silberman]

Since there is speculation involved, many compare trading to gambling. But that isn’t the case as trading and gambling are two different things. Trading requires preparation and market analysis, which is certainly not what they do when they gamble.

It depends on the type of gambling. If you study the odds and know the type of gambling, it is more similar to trading. And in some specific games like poker or sports betting, where you can make EV+ bets, it would be even more similar.

If you play roulette while drinking a few drinks to pass the time, no, it is not similar to trading.

Trading and gambling are two different things - but somehow they are also linked together. There are speculation involved and their is a lot of  focus needed. 
But those who have strong nerves can do the best.
Rest if someone get upset these are not for them

Not really, speculation means that you see a set of conditions in the market and then based on that you try to predict based on a strategy you have created the direction the market has the greater chances of taking, speculation is not possible in most gambling games, after all how can you speculate about the next number which will appear on the roulette when regardless of what numbers appeared on the past the number which will appear next has no relationship at all with it.

[famososMuertos]

No!.

In fact we would have to start choosing what type of game is compared to what type of asset, the only thing they have in common is that a return is expected, only that.

In fact the skills of someone who bets on sports cannot be compared to the skills of someone who plays Blackjack and we are talking about betting.

Each betting game has its skills and knowledge, each one of them makes them complex in itself and gives each gambler an advantage.

A gambler with experience, skills and knowledge is a candidate to adapt very well in the trade, but do not confuse oranges with apples.

[Jating]

Trading and gambling are two different things - but somehow they are also linked together. ...

In this case, a lot depends on the person himself and his attitude to trading or gambling. If a person is a player by himself, then he will definitely transfer this skill to any activity that he will be engaged in. Accordingly, having come to the cryptocurrency market, he will trade with a high degree of risk, which in his opinion will have to bring either a quick profit or a loss of money.

There are a lot of similarities as what we have found it, (based on experience), if you do like sports betting vs trading, they are almost the same. You need to know that market itself before you can used your money in hope of making a good profits. Definitely, both involved high risk, high rewards scenario, so it's really up to the individual how to mitigate the risk in both gambling and trading.

[harizen]

First of all, we should not compare trading and gambling in the first place. That won't even help us.

Although we are risking money in both, there are respective strategies to take advantage of both fields.

We do not just do trades and allow our money to lose. We have strategies for that. Likewise in gambling, we are not just relying on our luck here, especially in sports-betting and strategy-based gambling games. We also have a set of strategies there.

The bottom line, just do our best to make our money worth risking, be it on trading or gambling.

[Findingnemo]

Yes it is, but with the example you had posted it seems the trading as well as sport betting needs more analysis before going for the bet so it makes it as not something that rely completely based on the luck. However there are also people who do trade just the way of gambling which should be avoided and its always important to stick with the strategies of our own to reduce the risk factor.

[AicecreaME]

First of all, we should not compare trading and gambling in the first place. That won't even help us.

Although we are risking money in both, there are respective strategies to take advantage of both fields.

We do not just do trades and allow our money to lose. We have strategies for that. Likewise in gambling, we are not just relying on our luck here, especially in sports-betting and strategy-based gambling games. We also have a set of strategies there.

The bottom line, just do our best to make our money worth risking, be it on trading or gambling.

Right on spot.

Some of us just can't help to compare trading to gambling maybe because of their perspective about it. But for me, trading is more favorable and completely fair to all of us, unless you treat it like you're playing gambling, like randomly guessing and hoping to win, but always ended disappointed and frustrated because of doing so.

Trading is more fun, in my opinion, and even it gives you an addiction, like you can't help but to study more about it, learning from your mistakes to climb up, to become a pro trader, then it will surely benefit you in the long run.