Dunamisx
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August 29, 2022, 06:26:23 PM |
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Gambling is betting something valuable on an uncertainty outcome right? You're right but you can as well choose as to which approach you wish to define what gambling really means, some called it a profitable risk with ease. Isn't this the same with Trading? It's not, they are two different things, though the similarities they share are common which is the risk taking but their strategies and mode of operations were entirely different things. pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? Even the said pro you call them also make some loss as everything they predicted doesn't work as they expected, so i disagree with their assumption one can win all or loose all and it may comes in from any dimension.
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libert19
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September 01, 2022, 06:09:26 AM |
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Everything in life is gambling, from the moment of conception. You could get accident while crossing the road, farmers sow crops hoping for rain, etc.
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Mpamaegbu
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September 01, 2022, 07:51:28 AM |
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Gambling is just betting money or valuable on something that is determined by chanced occurrence while trading is the exchange of cash or valuable for another cash or valuable. While gambling leaves everything to chance, trading is methodical and aided with navigating tools in the form of indicators. If anyone is going to confuse trading for gambling, it simply means that person is haphazard about trading. Everything in life is gambling, from the moment of conception. You could get accident while crossing the road, farmers sow crops hoping for rain, etc.
Yeah, I know that angle you're looking at it from but what we're trying to differentiate here is gambling from trading. 🤔
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Marvelman
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September 01, 2022, 11:10:46 AM |
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Gambling and trading are two different things but share some common ground. The large difference between the two is that one is a game of luck and chance with a 50:50 loss to gain ratio (minus the house edge), whereas the other is a skill that has been honed over decades to become profitable for those in the know. Trades involve technical analysis, market conditions, the mass psychology of crowds, and a whole raft of other factors in determining success or failure. There is an art to it, and learning that art takes time. Not every trade will turn a profit, but when you "win the trade," it feels just as good as hitting your set number on the roulette table. Ultimately, it comes down to personal preference.
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Luzin
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September 01, 2022, 03:45:57 PM |
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Some people may talk like that, but I think trading and gambling are very different. Trades have an agreed consensus analysis even though they already have an agreement that takes the form of a sell or buy order. So they have agreed and it is very different from gambling. Gambling or betting is usually only armed with a lucky guess. So trading is not gambling, but it can be trading into gambling because it does without analysis and only based on guesses.
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Rengga Jati
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September 01, 2022, 10:07:47 PM |
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Gambling is betting something valuable on an uncertainty outcome right?
Yes, moreover if this is the lucky-unlucky gambling, it will be very unpreictbale. But, if this is about some betting on sports betting, this may be able to analyze, the more you know about the sports, the more chances to win, but once more, the analysis may not guarantee the victory on gambling. On trading. although this is actually a different term, this may also have similarities if: we are trading without any analysis, only based n luck, only pick a coin or token as we like and expect to have a higher price and then take profit. This may be tarding but similarly with gambling condition. However, if we are trying trading based on analysis, knowledge that we have, certain codnisration, it is exactly gambling. Although we may lose (moroevr in the Fuure gambling), we are doing trading. But here, trading is not always taking profits, sometimes, we are losing, whoever we are.
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kawetsriyanto
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September 01, 2022, 10:38:28 PM |
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?
Fundamentally, gambling and trading are different. Gambling outcome is totally uncertainty, relies on luck. While in trading, we can optimize the chance to get an expected outcome with proper strategy. However, However, in its implementation, a trader can gamble with his trading activity once he is trading with a random strategy and with a lack of knowledge. That's why it is very recommended to have sufficient knowledge about trading before someone starts his trading journey. i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling?
No business has no opportunity to lose. It includes in trading, no trader who can guarantee to take profits 100%. But with a proper strategy, we can increase the chance to win or gain profits. Knowledge and experience have a crucial role to determine whether to win or lose in trading. It is different from gambling that no certain ways to increase the opportunity to win.
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Mr.right85
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September 02, 2022, 05:17:36 AM |
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However, However, in its implementation, a trader can gamble with his trading activity once he is trading with a random strategy and with a lack of knowledge. That's the truth to it. Trading is no gambling but that doesn't exclude the fact that, some inexperienced low grade traders can gamble on trades. They get tired or have no idea of doing proper analysis, neither are they able to come up with a trading plan and so, they just jump in and out of the market based on sentiments and a feeling. This is wrong as, it reduces your chances of success in the market. No business has no opportunity to lose. It includes in trading, no trader who can guarantee to take profits 100%. But with a proper strategy, we can increase the chance to win or gain profits. Knowledge and experience have a crucial role to determine whether to win or lose in trading. It is different from gambling that no certain ways to increase the opportunity to win.
You up your chances by being knowledgeable and doing proper analysis. Even in all that, your still going to meet some losses but, your net profit would be assured at the end of a trading period.
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Marvell1
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September 02, 2022, 05:40:13 AM |
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Gambling and trading are two different things , Gambling is a game that having experience in it can never determine if you can win or not. Trading is a skill that people learn , that has rule or strategy to get profit. In trading people study the market to know when is the right time to sell or buy.
Basically, both gambling and trading have one thing in common which is making a profit. If you enter a trade without any knowledge or skill then that is really called gambling, not trading anymore. In gambling, you cannot use analytical knowledge to make any judgments, it just depends on your playing experience and it takes a bit of luck to win. On the contrary when you trade, to make a profit you have to learn a lot, it must be said that the knowledge of trading is endless, you can never learn it all. In trading, we must combine knowledge and experience to make the most accurate decisions to be profitable.
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Viscore
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September 02, 2022, 11:36:39 PM |
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Gambling is gambling, trading is trading. They are not the same, but both are very risky. If gambling, you may not have much to learn, there are varieties of gambling games that is very easy, but if you want to trade, you have to learn it. If I should choose one, I would prefer trading, but the losses can be the same for newbies, even many people that is trading for over a long time can still be losing.
Use the amount of money that you can afford to lose to trade or gamble.
Both losses are inevitable in trading and gambling but if you have skills and strategies in trading, you will most likely end up a successful trade and be profitable. Unlike gambling, no matter how skilled you are and strategic, if you are unlucky, you will still end up losing all your money.
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worle1bm
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September 03, 2022, 03:54:38 AM |
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If you are investing your money without any research and under the influence of paid shillers then it's pure gambling but in this case you will loose in the most case as being lucky is not a probability here so this should be avoided but if you are making strategies and analysing the whole market and keep your portfolio maintained with profit/loss then it's trading so don't mix them.
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Awwal08
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September 04, 2022, 04:19:12 PM |
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is not gambling. Gambling is a total risk, that is you will lose everything, so you can not compare trading as gambling. In gambling you will lose 100% of your investment. Trading is more like buying and selling. In trading you can control your loss, because you will know when you are losing, while in gambling you will see yourself losing and you can not control it. So this is what make it different.
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September 04, 2022, 05:05:34 PM |
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~snip~
Yes it is true that those two platform has high risk of losing fund even then those are not same . Gambling depends entirely on luck and on the others hand trading is a platform that depends on good analysis. In gambling, you can lose your entire fund in an instant but trading is completely different, here you have to select projects or coins and invest based on analysis if the project will successful you will get a profit and if not you will get lost as we see in real life trading. But there is a thing called future trading, it also has to trade based on analysis but in my opinion, it is like gambling. But overall, trading cannot be called gambling in any way.
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freedomgo
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September 04, 2022, 09:18:34 PM |
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading has its own inevitable losses no matter how good you are in it but in gambling, it’s not how good you are but how lucky you are, that is why a lot of people lose from gambling because it’s not all the time they got lucky. And some people too see trading as gambling because they are not yet capable to trade since they lack the knowledge and skills, the reason why they often lose in trading same with gambling.
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lalabotax
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September 04, 2022, 09:44:47 PM |
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In gambling, you can lose your entire fund in an instant but trading is completely different, here you have to select projects or coins and invest based on analysis if the project will successful you will get a profit and if not you will get lost as we see in real life trading. But there is a thing called future trading, it also has to trade based on analysis but in my opinion, it is like gambling. But overall, trading cannot be called gambling in any way.
If we only use spot trading, it is safe and won't risk losing all funds. But if we use future trading, it is almost the same as gambling, we may lose all funds easily. So, future trading = gambling, but spot trading is not a form of gambling. If we don't want to risk our money as in gambling, only focus on spot trading. It is not a must to use all the kinds of trading, I myself avoid using future and margin trading.
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Yamifoud
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September 04, 2022, 10:21:06 PM |
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Yeah, it could be a sort of Gambling as some people don't really know about trading and much more what they have to do which end up making baseless assumptions and analysis and if they are not too lucky, losses are really what they've got. I'd many traders have used this kind of (wrong) thinking and I think it was time for them to realize that trading is not about having luck, it needs good market understanding, TA, and much more important is we know how to trade.
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GeorgeJohn
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September 04, 2022, 10:25:44 PM |
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
so many people have different ideology and different perspective of understanding the difference between gambling and the trading, it's quite clear that cryptocurrency or Bitcoin this with them a good calculation for the investment why gambling is all about prediction, so there is different between gambling and trading.
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Smartvirus
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September 04, 2022, 10:25:56 PM |
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Trading is not gambling but one can still gamble on trades. Confusing statement right? Not so much though. The thing about it is, there are ways to analyse both but, one comes with more certainty as there are ppinters and that is trading but the other being gambling on the other hand have git zero pointers to it. The game is basically decided on the field of play for sportsbook but when it comes to casino games, it's basically based on an algorithm that uses the gamblers input in calculations. That is almost as certain as a 100% luck and that can't be said about trading.
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Luffygroove
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September 05, 2022, 04:06:50 AM |
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For me, gambling is to bet on something that is purely unknown, when you learn about something, and analyze the results based on the knowledge you gain, it's far from gambling. However, trading could be gambling too, if you don't know what you're doing. You're blindly buying and selling without any clue, hoping you'll always get profits counting on luck. That's why I prefer to see whether it's gambling or not based on how we reach the goal. To get some profits, what will you do, use some of your knowledge or blindly trade, that will make a difference.
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Eureka_07
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September 09, 2022, 03:12:41 PM |
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Technically, Gambling and Trading are different. But if you'll look into trading, it could probably be sometimes tagged as another form of gambling, however most of that time it is not. Why? I think you know what reason I am thinking. It's because logically, you're risking your money. You do not know exactly what could happen to your invested money, and that is a characteristic of gambling, however you have some strategies/trading techniques and analytics with you. In contrast, gambling offers you, most of the time less than 50% chance of winning. Which is way risky than to gamble.
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