Do we gamble or trade?

[FanEagle]

Depends on how good you are isn't it? This has been talked before and I have said this before but it’s a common topic apparently. If you are trading with absolutely no idea what you are doing that’s called gambling, if you have been a trader for a decade and have made 20%+ yearly return on average for that period of time then you are doing the right thing.

There is really nothing wrong with what we have, it’s not that much of a trouble and if you are not certain then just make sure that you are not at the veteran profit level yet and be careful, because if you are at that level and know what you are doing then you wouldn't be uncertain of what you are doing and will be confident enough.

[ShowOff]

Gamble is to entertain yourself and Trade is for investment purposes.

But most gamblers don't do it for fun, but they want to make money. It is an indisputable fact whether you admit it or not.

In some types of luck based gambling games, you don't have to spend hours learning how it works. But in trading, everything becomes difficult even if someone tells you it is easy. I know what the difference is and which is the best for making profit between gambling or trading. So of course there will be differences of opinion about which one is best for himself.

[LUCKMCFLY]

~snip~.When we do trade then we should really make ourselves that prepared.
Its a never ending trial and error on finding out on what strategies would suit out on different conditions that you might encounter.

Be prepared for all things that will happen and including the risk of loss that must exist. Ordinary people who start to get into gambling are sometimes only mentally prepared but not for the knowledge of trading, this is a gap that will make these beginners practice gambling more than trading.
Knowledge of trading will be beneficial to find out what suitable strategies can be combined with several indicators and the like.
if you don't understand thoroughly, at least understand the basics of trading and the difference between real trading and trading that looks like gambling.

I very much agree with your opinion, a lot of people always focus on betting, it's easier, everything is left to chance and simply if you lose or win there will always be someone to blame for the reason you didn't win, and it's very difficult to learn of a bet, while in trading things are different, most of the responsibility lies directly with the same trader in question, and there the luck factor does play a role, but not as important as in betting, for trading sometimes luck is a factor that from 1 to 100%, for me it is 10%, the rest is due to knowledge, of course, it is my way of thinking.

[Mr.right85]

Gamble is to entertain yourself and Trade is for investment purposes.

But most gamblers don't do it for fun, but they want to make money. It is an indisputable fact whether you admit it or not.

In some types of luck based gambling games, you don't have to spend hours learning how it works. But in trading, everything becomes difficult even if someone tells you it is easy.

That establishes the fact that, some games that are gambled upon is being studied too.

The thing is, one can actually gamble trades but when you do, you've got to understand that it is you testing your luck and it could always go anyway. You've got zero edge when you gamble but when you do some good analysis, you can have some idea over the market and not follow blindly.

Anyone could watch a game for something and has an idea on how to gamble on it but, just watching the chats without some in depth studies on what is to trading, your still going to be left without an idea.