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Author Topic: Between futures trading and gambling  (Read 1859 times)
erep
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August 21, 2023, 08:53:41 PM
 #341

I do not understand what project you mean. The OP is talking about futures trading and gambling. although futures trading requires skills and market analysis. but still, more beginners just make predictions and even randomly place positions without doing an analysis. it's just like gambling.
so for beginners who do not have trading skills. Futures trading does look like gambling. but different for those who are professionals. this is what distinguishes luck in futures trading and also gambling.
I have been involved in futures trading because I was tempted by high profits, even though we have analyzed the market but we will never know the exact price movements so anticipate using low margins to avoid high loss risks, in my opinion gambling and futures trading are not much different when it comes to risk and difficult to control emotions when involved both. Even professionals can also be at risk of experiencing high losses on futures as the market conditions recently had dropped -8% a day causing to liquidate 150k users, the conditions are exactly the same when you gamble placing high bets but the results are not what you expected.

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August 21, 2023, 09:01:15 PM
 #342

Many people would say both trading and gambling are similar but j would like to disagree to that, gambling is a wide sector and under gambling we have casinos, dice, cards and so on which has something to do with luck and also experience and there is still the sport betting where you read the game and predict what the out come would be this is also about experience and luck to but you can depend on luck while trading, it's very complicated than that although the full similarity between the two is there is an existence of Big risk and also big rewards

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August 21, 2023, 10:07:43 PM
 #343

Many people would say both trading and gambling are similar but j would like to disagree to that, gambling is a wide sector and under gambling we have casinos, dice, cards and so on which has something to do with luck and also experience and there is still the sport betting where you read the game and predict what the out come would be this is also about experience and luck to but you can depend on luck while trading, it's very complicated than that although the full similarity between the two is there is an existence of Big risk and also big rewards
Trading and gambling is very uh different since a trader would have to do some market analysis before entering into the market just like gamblers do not mean that the two are  the same. For you to gamble you don't a skill to do that. You can always enter the market without going through any strategy and book games and win which may be due to luck but in trading, it is very different. We need to study the market enough before going into the market and most time even with all the analysis, we can still end up losing big in the market.

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August 21, 2023, 11:27:14 PM
 #344

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Both are difficult to earn money. Both gambling and future trading rely on the luck to succeed. So, I prefer spot trading if my main goal is for earning money. It will be different if I want to get entertainment or take challenges while earning money. In this matter, I can choose gambling or future trading. TBH, it is always hard to earn money if we mostly only rely on the luck.

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Both gambling and future trading are risky, even spot trading is also risky. None can guarantee for profits (earning money). It depends on our luck, knowledge, and experience. But I think gambling is easier if it is about how to play it, it even doesn't need specific learning. While trading is more complicated, we need to understand market nature and proper strategies to use. We also need to analyze the coins that we want to trade on the market.


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August 22, 2023, 02:28:50 PM
 #345

Many people would say both trading and gambling are similar but j would like to disagree to that, gambling is a wide sector and under gambling we have casinos, dice, cards and so on which has something to do with luck and also experience and there is still the sport betting where you read the game and predict what the out come would be this is also about experience and luck to but you can depend on luck while trading, it's very complicated than that although the full similarity between the two is there is an existence of Big risk and also big rewards
Trading and gambling is very uh different since a trader would have to do some market analysis before entering into the market just like gamblers do not mean that the two are  the same. For you to gamble you don't a skill to do that. You can always enter the market without going through any strategy and book games and win which may be due to luck but in trading, it is very different. We need to study the market enough before going into the market and most time even with all the analysis, we can still end up losing big in the market.

If you are a fan of taking a big risk, then yeah you can simply go to casino and just throw your money and hope for luck to back you up, but in terms of being wise and practical, you can also do the same, before entering the casino you can research and study whatever type of gambling you wanted to participate and find some factors that may give hint or give some edge to win.

That's a same deal with future trade where you will look for factors that may affect the market and possible to give you edge in making some profits.

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August 24, 2023, 09:16:15 AM
 #346

Many people would say both trading and gambling are similar but j would like to disagree to that, gambling is a wide sector and under gambling we have casinos, dice, cards and so on which has something to do with luck and also experience and there is still the sport betting where you read the game and predict what the out come would be this is also about experience and luck to but you can depend on luck while trading, it's very complicated than that although the full similarity between the two is there is an existence of Big risk and also big rewards
Trading and gambling is very uh different since a trader would have to do some market analysis before entering into the market just like gamblers do not mean that the two are  the same. For you to gamble you don't a skill to do that. You can always enter the market without going through any strategy and book games and win which may be due to luck but in trading, it is very different. We need to study the market enough before going into the market and most time even with all the analysis, we can still end up losing big in the market.
But don't forget that in gambling, there is also sports betting, where gamblers have to do more analysis and search for information to find a team that has a chance to win. So for gamblers, it's the same as having good skills to find a team with the chance to win. Indeed, many gamblers choose gambling games based on luck, so they will think that gambling is not the same as trading, and that is true.

Trading and gambling are something different, so we cannot compare them. Even though gambling also requires skill to be able to win, there is a luck factor that every gambler must also have so that they can only win. But in trading, analysis is needed. The only difference is how much profit or loss they will get. But in trading, even if they suffer losses, they can recover their losses through other trades and get more profits.

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August 24, 2023, 10:06:41 AM
 #347

I don’t have to chose because if you can be a profitable gambler and trader at the same time, then I would love to keep them both. You know it’s not that hard to profit from gambling as long as the chances to win is high, but in trading, everything should be done with knowledge and skills, and of course with caution. So if you think you’re capable enough to win on your trades, then do not stop from trading. Same with gambling, if you’re making relevant profits out from luck and some strategies applied, then continue to gamble but also gamble at your own risk.

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Westinhome
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August 27, 2023, 11:49:13 PM
 #348

I don’t have to chose because if you can be a profitable gambler and trader at the same time, then I would love to keep them both. You know it’s not that hard to profit from gambling as long as the chances to win is high, but in trading, everything should be done with knowledge and skills, and of course with caution. So if you think you’re capable enough to win on your trades, then do not stop from trading. Same with gambling, if you’re making relevant profits out from luck and some strategies applied, then continue to gamble but also gamble at your own risk.

If you want to to prominent in both the trading and the gambling.You should keep your mind with huge peace,then you can manage the both field at a time.The gambling can be used as the entertainment while you do trading as the full time one.Because the trading need of full time analysis,if you are doing the day trading.It's most essential one by the trader to engage with the more fun.The day trading will be more stress as compared to the normal trading.If you are not getting profit from the trading can be manged by gambling win.

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