Luck is what you need in gambling but you have to get to work with trading

[xSkylarx]

This is a very important difference for trading and gambling. Apart from the rigorous time of proper and professional learning of the ropes which are so many to mention, from learning the general market analysis, currencies and coins interphase and interaction like $ especially, you now begin to learn how to operate on the trading platform or channel, how to place orders and what have you including stoploss, take profit, trailing stop, all the buy limit and sell limit plus your emotions all have to be learnt. Most important difference therefore is you can learn or relearn on the mistakes you made but I don't really know if we can call anything mistake in gambling rather we consider it as bad luck on that day.

Learning how to trade is a big task, not a lot of people can do that and I believe that it is going to take a while before people really learn what they are doing. I know that it is not going to be that simple, but I know it is going to be available to focus on what they could potentially do. One of the biggest examples of this would be making sure that we are not really trading what we know, we are trading what we think we know without learning.

If you end up learning it well enough then you are going to end up with a trouble beyond measure. I hope that it gets to be a situation where everyone realizes that learning is a core part of trading. Gambling on the other hand? You do not need to learn anything after you learned the rules of the game.

if you have no patience in learning the trade, you won't go anywhere on this field. however, once you get acquainted with the ins and outs, you would be addicted like in gambling. however, the prob with gambling is even if you learn the trade, winning will still be slippery as most games are based on luck. whereas, when it comes to trading, the more you know about what you're doing, the better chance of earning profits or at least not losing all your funds.

The more you learn about trading, the more you'll get into it. If you can earn a profit, you'll think that this is better than gambling. That is why others got really into trading when they got their first winning trade. You are right, even if you know the game in gambling, you can't still win it or boost your winning ratio as it is still about luck, and gambling is really about losing and having fun,while in trading, if you lose, then for sure there is something wrong with your strategy, which again, you can improve over time.

[1714821020]

1714821020

[1714821020]

1714821020

[WatChe]

Learning how to trade is a big task, not a lot of people can do that and I believe that it is going to take a while before people really learn what they are doing. I know that it is not going to be that simple, but I know it is going to be available to focus on what they could potentially do. One of the biggest examples of this would be making sure that we are not really trading what we know, we are trading what we think we know without learning.

If you end up learning it well enough then you are going to end up with a trouble beyond measure. I hope that it gets to be a situation where everyone realizes that learning is a core part of trading. Gambling on the other hand? You do not need to learn anything after you learned the rules of the game.

There are many stories and threads here that people are taking advice from different signalling group about different coin(s). Anyone following such groups has lost his money and time but the worst part of this is that he didnt learn anything about trading in the long run. You need to spend time and effort in order to learn any type of trading. You wont excel until you learn to trade yourself and learning is putting your effort, spending time, bearing loss etc. There is no easy money in this world, everything comes with effort.

[OcTradism]

There are many stories and threads here that people are taking advice from different signalling group about different coin(s). Anyone following such groups has lost his money and time but the worst part of this is that he didnt learn anything about trading in the long run.

No free lunch. If they give you free lunch, is it realistic?

They can give you free lunch with some signals to attract you and to convince you that their signals are free and good. When you join them more deeply, you lose because they will go ahead of you by buying first with cheaper prices. Then they give you signals to buying up the price for them. Your buying can trigger trading bots to work lifting up the price.

If you can join before break out, you can get profit but if you join after a break out, a later you join a bigger risk with loss you will possibly get.

You need to spend time and effort in order to learn any type of trading. You wont excel until you learn to trade yourself and learning is putting your effort, spending time, bearing loss etc. There is no easy money in this world, everything comes with effort.

Learning is never wasting and you have to learn about investment, trading. Practicing both of them and see what can work best with you, trading or investment, then choosing one to use with your capital.

[AnonBitCoiner]

Those who consider trading as gambling have wrong concept and will face loss after which they will regret for their wrong concept. Some individuals put money into coins and they think that their luck will increase this amount but they are wrong because selection of coins matters alot after which your patience and timing of holding is the key factors which increase your profit.

Luck and hardworks are very different from each other and if you think that in trading your luck will enhance your money then you will never get profit. First try to understand about market, get knowledge how to get success in it, price prediction, good coins to select and all others points should learn before participation.

[Lanatsa]

Learning how to trade is a big task, not a lot of people can do that and I believe that it is going to take a while before people really learn what they are doing. I know that it is not going to be that simple, but I know it is going to be available to focus on what they could potentially do. One of the biggest examples of this would be making sure that we are not really trading what we know, we are trading what we think we know without learning.

If you end up learning it well enough then you are going to end up with a trouble beyond measure. I hope that it gets to be a situation where everyone realizes that learning is a core part of trading. Gambling on the other hand? You do not need to learn anything after you learned the rules of the game.

There are many stories and threads here that people are taking advice from different signalling group about different coin(s). Anyone following such groups has lost his money and time but the worst part of this is that he didnt learn anything about trading in the long run. You need to spend time and effort in order to learn any type of trading. You wont excel until you learn to trade yourself and learning is putting your effort, spending time, bearing loss etc. There is no easy money in this world, everything comes with effort.

If you are really that a fan on following some certain groups or individuals when it comes to trading signals or hints or suggestions then you would really be that bounding on losing huge sums of money

and this is where usually people do make out learnings on the time that they would really be losing money which this is something that could really be avoided if you are really just that sensible towards your actions
because if you are really just that lazy when it comes on doing those things specially on trading then for sure it wouldnt really be giving out that kind of positive results or being that profitable simply.
Its not really that much a good idea on making yourself that minding or thinking that trading is really that similar to gambling because it would really be just making yourself that being careless
when you do really engage with trading.

Sooner or later you would really be able to realize things when you are on the actual condition on which you would be able to determine on what are the main factors which are needed in between trading and gambling.

[rachael9385]

Trading is more considered than gambling but gambling is more riskier than trading, having the thought that trading is gambling you are having a wrong thinking. Trading is some how save but not 100% save and it can't be compared otherwise.

[Bushdark]

If trading is all about hard work, so many traders that are making consistent loses in trading must have been in carzy profits by now. We need to have the key to trading for us to make profits from the market. The market is open to everyone and not everyone will succeed because we all have different mentally and thinking faculty. As a trader, we need to be ready for change so In case our strategy can not give us the kind of result we want to be having as a trader. Thise who trade and make profits are the ones that needed to be called traders.

[lunnatic]

Trading is more considered than gambling but gambling is more riskier than trading, having the thought that trading is gambling you are having a wrong thinking. Trading is some how save but not 100% save and it can't be compared otherwise.

However, it is clear that the two are different because in trading, many things need to be prepared,
knowledge and skills need to be owned by traders while gambling is just like relying on luck alone,
gambling will not make us profitable so it is better to avoid it.

[awik p]

Trading is more considered than gambling but gambling is more riskier than trading, having the thought that trading is gambling you are having a wrong thinking. Trading is some how save but not 100% save and it can't be compared otherwise.

However, it is clear that the two are different because in trading, many things need to be prepared,
knowledge and skills need to be owned by traders while gambling is just like relying on luck alone,
gambling will not make us profitable so it is better to avoid it.

luck will not come continuously, therefore in trading we must learn to analyze and control psychology. it's not easy to achieve that, but that's the way to go, learn and gain experience from real trading practices. many people give up on their journey, because trading is not as easy as we imagine. it's different with gambling, where we don't need to analyze and are more inclined to expect luck, if we pay attention to most gamblers there's no success, except for bookies

[Fatunad]

Trading is more considered than gambling but gambling is more riskier than trading, having the thought that trading is gambling you are having a wrong thinking. Trading is some how save but not 100% save and it can't be compared otherwise.

However, it is clear that the two are different because in trading, many things need to be prepared,
knowledge and skills need to be owned by traders while gambling is just like relying on luck alone,
gambling will not make us profitable so it is better to avoid it.

luck will not come continuously, therefore in trading we must learn to analyze and control psychology. it's not easy to achieve that, but that's the way to go, learn and gain experience from real trading practices. many people give up on their journey, because trading is not as easy as we imagine. it's different with gambling, where we don't need to analyze and are more inclined to expect luck, if we pay attention to most gamblers there's no success, except for bookies

When you do make out some trading then you should really be removing into your mind about relying on being lucky because this isnt a market which it is really just relying on luck as a trader then you would be needing to do lots of sorts of things for you to make good trades and this is why you should really be realistic when it comes to trading approach and doesnt really rely about Luck.Its true that it might really be needing some mix of luck for sometime but this isnt something that you could really depend on. When you are depending on luck then you are just simply doing gambling and this is something you should really be avoiding
when you do trade. You would once be able to realize on what you are dealing with on the time that you do make out some in comparison on doing trades basing on analysis and making out some blind trades.

[SaveOurSea]

Trading is more considered than gambling but gambling is more riskier than trading, having the thought that trading is gambling you are having a wrong thinking. Trading is some how save but not 100% save and it can't be compared otherwise.

However, it is clear that the two are different because in trading, many things need to be prepared,
knowledge and skills need to be owned by traders while gambling is just like relying on luck alone,
gambling will not make us profitable so it is better to avoid it.

luck will not come continuously, therefore in trading we must learn to analyze and control psychology. it's not easy to achieve that, but that's the way to go, learn and gain experience from real trading practices. many people give up on their journey, because trading is not as easy as we imagine. it's different with gambling, where we don't need to analyze and are more inclined to expect luck, if we pay attention to most gamblers there's no success, except for bookies

It's true that bookies really get profits so as much as possible to avoid gambling,
it will only waste time and waste money so that in the end we will be poor,
trading is indeed more complicated but if you have a strong intention to learn it is not impossible it will bring success.