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Author Topic: Can trading be likened to gambling and how so?  (Read 1187 times)
milewilda
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September 13, 2022, 08:28:56 PM
 #141

Well i would like to say that trading is not at all gambling especially in the case of the apot trading as in spot trading if you have investment in the Potential projects 99% it will be profitable in future and in the case of Future many factors involved here so i would like to trading is not at all gambling but future may be may not ? As In trading ( Spot Trading ) we do our analysis and make a research then make an investment for a period of time then in return we enjoy profit it cant be gambling at all.
There's no such thing about 99% because it could really be below than that and never make yourself believe with those percentages so that you wont really get that disappointed since this market is
totally unpredictable which it could really mess up your entire analysis and plans or actions because of some due factors.The best thing to be done is to set out those back up plans because most of the time those analysis of yours would be fucked up by this market.Trading is never been considered as gambling but if you do really make yourself do make out trades without even knowing on what
you are doing or doesnt even know with the basics then you are just simply making yourself a gambler behavior and this is the time you could really connect up both things.

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September 13, 2022, 09:59:28 PM
 #142

No they are two different things and can't be likened to each other. Gambling depends totally on luck. You either win or lose. You bet and hope that you win. In the long run, you will always lose since the casino will always have an edge. But trading is totally different. You take decisions. You can know what might happen in the future if you do proper analysis. If you are doing it right, you will be making profit in the long run trading. Sure it can be a form of gambling if you don't know what you are doing and just buying low and selling high with the hope of making profit.
Both have the same risk of losing but these two are totally different. If you trade with high knowledge and skills, most likely you will be profitable and gain decent amount of profits. While in gambling, even if you prepared a lot and gained a lot of knowledge and skills in gambling, you cannot expect for a positive outcome in the end. Gambling is a game of chance and luck, so if you don’t have that luck every time you gamble, losing will always be inevitable. Though sports betting is more on skills, but the rest of the games are played on luck based.

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September 16, 2022, 07:15:28 AM
 #143

Trading is speculation, but that speculation is not lame as it requires an approach. Gamblers have only one agenda: they are luck-oriented and lack a strategy and plan. So, I don’t think both are linked. There is a huge mindset  and knowledge gap between the two.
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September 19, 2022, 02:01:47 PM
 #144

Do you believe that the majority of gamblers simply enter a game and start betting? You overlooked the fact that gamblers analyze their games in the same way you do when you properly analyze a coin before buying. When it comes to sports betting, for instance, a good gambler would properly research the teams he/she wants to bet on before placing/placing his bet. A good gambler is always profitable when it comes to gambling. Similar reasoning applies to gambling on other games like casinos.
Trading, in my opinion, is gambling in disguise, the two are practically identical.

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September 20, 2022, 08:11:53 PM
 #145

It's always a gamble when a man ventures into a business he knows nothing about. Every trade has its unique ways of running it and those are the things a man needs to understand to be successful in it. Without knowing this then it's a pure gamble. The same thing applies to crypto too.

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September 25, 2022, 09:11:59 AM
 #146

Gambling is something when you put your money to get extra money in return.
Trading can be termed as similar but yes with little changes.
In trading the risk involved is minimal, and in gambling the risk is very high comparing to gambling.
In these ways it can be linked, but yes both are different, and people look into both with different perspective.

Honestly, I do see them as a bird of the same feather. At times, gambling can be very more profitable than trading especially during bad market situations like we are now. The only difference I see in both is capital maintenance. Gambling can takeaway your capital while trading can not takeaway but can touch part of it if the market depreciate.
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September 25, 2022, 05:00:33 PM
 #147

Trading is speculation, but that speculation is not lame as it requires an approach. Gamblers have only one agenda: they are luck-oriented and lack a strategy and plan. So, I don’t think both are linked. There is a huge mindset  and knowledge gap between the two.
A gambling trader is a person that trade without goal or daily trading journal. Some persons just keep trading without having a target or trading guide which is a bad way to trade. It is very easy for us to trade like a gambler during trading which is mostly based on guessing of the direction of a particular coin without having a concrete reason why we think the market will go in that direction.
In one or twice in our life time, we have fall in the category of trading like a gambler which may be during the time when we are still a newbie trader having the urge to trade like a pro trader with the kind of result they do have.

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September 26, 2022, 07:39:35 PM
 #148

The Answer for your question is that please mention first which trading you are talking about as, Know trade made after the analysis or just putting a blind trade. Spor trade or the future trade. Let me explain all the trade taken after the analysis in spot is not gambling at all also the blind trade in spot is also non gambling as he is owning the asset.

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October 02, 2022, 08:47:02 AM
 #149

The Answer for your question is that please mention first which trading you are talking about as, Know trade made after the analysis or just putting a blind trade. Spor trade or the future trade. Let me explain all the trade taken after the analysis in spot is not gambling at all also the blind trade in spot is also non gambling as he is owning the asset.

One thing is certain, gambling and trading without analysis will not last long, as the deposit will be lost very quickly. And even if there is a good analysis, then besides this, there are many factors on which the success of trading and gambling victories will depend. There are unexpected outcomes of events in gambling, when that the best analysis will not save you from lose, and there are enough surprises in trading, but if there is a risk of management, then the chances of success increase. In both cases, these are very difficult areas that require good knowledge and strong nerves.

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October 02, 2022, 10:03:24 AM
 #150

Gambling is something when you put your money to get extra money in return.
Trading can be termed as similar but yes with little changes.
In trading the risk involved is minimal, and in gambling the risk is very high comparing to gambling.
In these ways it can be linked, but yes both are different, and people look into both with different perspective.

Honestly, I do see them as a bird of the same feather. At times, gambling can be very more profitable than trading especially during bad market situations like we are now. The only difference I see in both is capital maintenance. Gambling can takeaway your capital while trading can not takeaway but can touch part of it if the market depreciate.

Gambling sometimes gives you a lot of profit but only if you are lucky enough and that profit does not come often or continuously but only happens a few times out of thousands of times you gamble. But in trading the win rate is not 100% but if you have enough knowledge and experience you can also make a steady profit. I see a lot of full time traders but never have seen anyone who spends full time gambling making good profits. They still have one thing in common but if you look closely they are really different and not versions of each other.

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BobK71
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October 02, 2022, 10:04:06 AM
 #151

The Answer for your question is that please mention first which trading you are talking about as, Know trade made after the analysis or just putting a blind trade. Spor trade or the future trade. Let me explain all the trade taken after the analysis in spot is not gambling at all also the blind trade in spot is also non gambling as he is owning the asset.

One thing is certain, gambling and trading without analysis will not last long, as the deposit will be lost very quickly. And even if there is a good analysis, then besides this, there are many factors on which the success of trading and gambling victories will depend. There are unexpected outcomes of events in gambling, when that the best analysis will not save you from lose, and there are enough surprises in trading, but if there is a risk of management, then the chances of success increase. In both cases, these are very difficult areas that require good knowledge and strong nerves.
Gambling and trading share some similarities. Just as a trader takes trading risks as same as a gambler need to take the risk. However, the gambler's risk is higher than the trader. Again a trader has to make judgments to take new trade similarly a sports bettor also has to analyze  various issues. But the big difference between a gambler and a trader is that a gambler lives in complete uncertainty and a trader does not lose everything even if the price drops slightly or drastically.

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