Between futures trading and gambling

[danherbias07]

Luck versus Knowledge. It's like you want us to compare the two. And we all know the answer to that.

Anyway, I'd prefer trading if ever given a chance to have capital so enormous that it can really be life-changing. But for now, I am just using what I can afford to lose. Gambling is a hobby, there's no such thing as making profits out of it guaranteed either in short-term or long-term. It can be similar to trading in a way, but in gambling, there is no such thing as an analytical point of view. You cannot tell the dice will roll for you the next time by using its history. It doesn't work that way.

I'd prefer the horror of learning trading that the horror of losing a lot of money by gambling it in a way like we are trying to make it a daily job. There's no assurance to it.

[Frankolala]

Gambling is done for fun and trading to make profit. It is only those that are greedy that think gambling is done for profit. Trading needs experience and skills,if you know the technical analysis,market analysis and sentimental analysis,you can become a good trader and hardly make loss. I know of a trader that survives with trader and makes profit from it daily.

On the other hand,gambling is more risky than trading because it involves more of luck than skill in an online casino. You can never use gambling as a means of living because it is unpredictable and the house edge will always win.

The bottom line of it is that, I would prefer trading to gambling because I think that making money is better than having fun.

[len01]

simple answer from my own experience.
I will be involved in both in my life because I need the entertainment from gambling and I also need to profit from futures trading. for me if gambling is used as a place to make a profit it is a wrong thought because gambling will not let its customers get profits every day and only professionals can do it.
while futures trading we don't compete against anyone but only technical strategies that we have to master to get profits so we don't need luck to get income from trading.

[Twentyonepaylots]

The only thing which binds gambling into futures trading, is risk of losing money. But the truth is, trading would only be a gamble if you won't have any trading plan. Indeed anakyses won't guarantee a winning trade but atleast it would allow you to lessen the risk of losing and at the same time would help you manage the amoubt you would be engaging. Gambling is indeed somewhat alike but the distinct characteristic I guess is that in trading, there are more people who win in comparison with people who win in gambling.

Luck versus Knowledge. It's like you want us to compare the two. And we all know the answer to that.

Best representation.
But unlike with gambling, there's a period wherein most of the people in trading industry are winning;bullrun. And such feature does not exist in gambling. However I won't blame those who still thinks that these two are the same. There are even different ways to earn in this industry, in the first place.

[cabron]

If you have patience and money to survive waiting for the bull run, investing would be better but if you are talking about futures trading then that's very different from just spot. While you can definitely make money in futures trading, it may just be difficult to do when this market is too unpredictable that a bullish market can be very bearish the next hour.

When the unpredictability of the market is one factor that makes your trading unprofitable, just leave it to the pros. Let's just try our luck somewhere like sports betting or lottery.

[AbuBhakar]

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

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?

The purpose should be established first before dealing both futures trading and gambling. Gamblers playing gambling to have fun in the form of profit while traders are trading just to have profit and not for fun. You will enjoy gambling because it’s a for of entertainment while trading is a financial tool to get profit.

Both are risky but this 2 activities is far different and can’t compared to each other since they have different purposed of use.

[Josefjix]

simple answer from my own experience.
I will be involved in both in my life because I need the entertainment from gambling and I also need to profit from futures trading. for me if gambling is used as a place to make a profit it is a wrong thought because gambling will not let its customers get profits every day and only professionals can do it.
while futures trading we don't compete against anyone but only technical strategies that we have to master to get profits so we don't need luck to get income from trading.

We choose the options that will work best with our plans rather than rushing into something that would not be beneficial to us and lead us to lose an enormous amount of money. They both play a significant role in the effort to live a better life. Gambling can result in huge losses if the odds are not well managed, but it also generate profits, trading is more legitimate and can be a reliable source of revenue. Although leverage allows for overnight huge winnings, trading futures is one of the fundamental, reliable ways to avoid short profits and losses.

[Yatsan]

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

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?

The purpose should be established first before dealing both futures trading and gambling. Gamblers playing gambling to have fun in the form of profit while traders are trading just to have profit and not for fun. You will enjoy gambling because it’s a for of entertainment while trading is a financial tool to get profit.

Both are risky but this 2 activities is far different and can’t compared to each other since they have different purposed of use.

Entertainment and satifsaction are indeed factors of distinction for trading and gambling. It is just the idea of earning profit which is being emphasized to both of these activities, which formed parallelism, but also with other activities such as investment. When it comes on futures trading and gambling, indeed luck would be a factor to both. Butbin futures, there's a pattern wherein people can rely on, even if it is not 100% accurate in some cases but that's because of volatility. In gambling, stats of fighters or players could be used as basis but the outcome is just hard to predict.

Knowledge contributes to winning tendency in futures trading while in gambling,knowledge about the teams or players could only be used as a reference but not with a futuristic approach.

[Sterbens]

The purpose should be established first before dealing both futures trading and gambling. Gamblers playing gambling to have fun in the form of profit while traders are trading just to have profit and not for fun. You will enjoy gambling because it’s a for of entertainment while trading is a financial tool to get profit.

Both are risky but this 2 activities is far different and can’t compared to each other since they have different purposed of use.

You're explaining about a very clear distinction, there are two different purposes here. Someone does gambling with the aim of getting pleasure and happiness, if they are healthy gamblers then the first thing that comes to mind is not profit but a pleasant feeling that will grow after they do it. While trading is an activity whose main goal is long-term profit, this is very different from the benefits of gambling where the process of achieving results in these two fields is very different. I feel the results of these two are very different, when I get profits from gambling, regardless of the nominal, for some reason I am always dissatisfied and to be honest the money always runs out quickly, but if I get profits from trading I can really enjoy it even with a small nominal, I think maybe this is due to the difference in the results of the two different fields of income and of course the way to appreciate it is also different.

[ralle14]

I'll pick gambling here because even though future trading would've been better, i'd prefer to enjoy the money I spent. The easier between the two is probably gambling in terms of quickly picking up the mechanics but futures trading has less risk than gambling because you don't have to rely on luck most of the time. In the end, future trading still has risks because of how fast the prices can switch up/down, but I think you can alleviate that risk if you're skilled enough.

[abel1337]

Less risky? I guess it depends on the knowledge of the reader on how much he will weight the risk of doing futures trading and gambling. I personally stopped doing futures trading because I suck doing it and I experience consistent loss on it compared to gambling that I have strategies and experience to somehow able to win consistently. If spot trading and gambling is the topic, it's an easy answer, It would be spot trading because it's rare to see a portfolio going to zero because even if you are in loss, you still have an asset to cut that loss.

[Wiwo]

Trading requires more skills, knowledge and experience, but it is not that far from the risks that gambling poses. If someone is not careful,  future trading can wreck someone's life in just a few seconds, minutes, hours or days. But the chance to make more money is in future trading is higher if learned. If I should go for one, I will prefer to trade, but that does not mean I can leave gambling too because trading and gambling are different and I like the fun I derived from gambling. Some people are not gambling for money, but traders are not trading for fun.

This is indeed what I was looking out to read from many of the comments on this topic because even though trading is less risky and more skill-oriented than gambling,  there is still no guarantee in future trading same as gambling. After all, even in future trading you speculate the price of the asset you want to trade on likewise in gambling you will have to speculate the team to either win or lose for you to win your bets that are in sports betting,  and in in-house gambling games,  what is needed is some form of skills experience to play the games and rely much on your luck.

So putting this into close consideration,  it is now evident that both are very close in nature even though not closely related but their outcome is the same just the operational pattern that is different.

[ryzaadit]

From what aspect you want to know ?

Knowledge ? or other. If you want to know more about from knowledge, "future-trading" need more knowledge rather than gamble. Because as you know, gambling are quite easy to be understand for playing the game.

You only need to know basic strategy playing the game, and the rest are depends on the section.

[uneng]

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

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?

I think both aren't comparable, because they are activities from different categories. One is gambling, the other is investment. We can't misunderstand those two concepts, because that is actually a big issue nowadays, since many newbies are seeing gambling as an investment opportunity, while it's not, so they put money they can't afford to lose on it and even worse: they borrow money to gamble.

If you are looking for life changing opportunities you have to seek for a job, so you can invest your wage on promising assets thinking long term. However, if you just want to try your luck and take risks in an attempt to grow your funds, you can try gambling. But keep in mind that is not something for people struggling financially... Otherwise, they are likely to have to struggle even more, potentially reaching nowhere in the end.

[Jody.Drummer]

simple answer from my own experience.
I will be involved in both in my life because I need the entertainment from gambling and I also need to profit from futures trading. for me if gambling is used as a place to make a profit it is a wrong thought because gambling will not let its customers get profits every day and only professionals can do it.
while futures trading we don't compete against anyone but only technical strategies that we have to master to get profits so we don't need luck to get income from trading.

We choose the options that will work best with our plans rather than rushing into something that would not be beneficial to us and lead us to lose an enormous amount of money. They both play a significant role in the effort to live a better life. Gambling can result in huge losses if the odds are not well managed, but it also generate profits, trading is more legitimate and can be a reliable source of revenue. Although leverage allows for overnight huge winnings, trading futures is one of the fundamental, reliable ways to avoid short profits and losses.

For me, both have big risks with their own limitations, of course. I will do both when I am ready to lose, futures trading requires knowledge and the analysis we have to do must be really measurable, gambling for me is just for fun. If I had to choose between the two, futures trading would obviously be my choice, but while there may be other options besides that, such as spot trading, then I would choose spot trading to do. And indeed until now I have done that more often than I have made the choices discussed here.

[GigaBit]

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

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?

Actually both are risky. If you bet on a gambling platform, you won't get anything if you loses. The risk of losing your money is 100%. Futures trading, on the other hand, can instantly increase your money and drain it completely. The highest risk exists in both of the two platform. Since the two fields are different, the two should not be considered in the same dimension. We know there is a big difference between trading and gambling. As such it will depend on a user which one he feels comfortable. I like both but gambling is preferable to me. Moreover, there are wins and losses in gambling but it is comparatively much easier than futures trading.

[Cling18]

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

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?

You can actually do both things at the same time. It all depends on how you will handle these but you should never disregard the risks. Keep in mind the possibility of losing would always exist but these two will differ when it comes to skills. Trading especially in futures will take a long process of learning. It is not as easy as gambling where you will just choose where to bet and what to choose because it requires further understanding of analysis and dealing with the market's volatility. I must say that future isn't for everyone because it needs eagerness and willingness to learn and adopt knowledge.
In gambling, no matter how skills you may apply, your profit and earnings will still rely on your luck. Doing both is possible but challenging but it requires the presence of mind and focus. It also needs discipline and a proper mindset.

[coinerer]

Futures trading and gambling are almost one and the same because accurate prediction and analysis are require. In case of future trading a trader can take entry on any coin by setting his/her leverage as desired and if his prediction is correct and the price of that coin moves towards his target he gets profit and through future trading one can become rich in a short period of time like gambling. Again, Hughes may suffer losses in the short term. However, although there are some differences between gambling and futures trading, they are equal in terms of risk

[salad daging]

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

I prefer to play gambling because it's easier to understand for fun, but I don't promise any benefits here, it's all luck.
Futures trading is too complicated for me, I guess everyone is always different in what they want.

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 are risky, but futures trading requires skills that make them have to be more proficient in market analysis but it gives decent profits and many are successful in futures trading, but if someone can do in futures trading skills then that's what they often say in Between casinos is riskier.

[Hispo]

I would personally rather to learn and become pro-efficient on trading futures.
It is something I have not tried to get into because the risk of those kind of markets and the amount of leverage that can be used can easily lead to a rather quick liquidation.

In my eyes, the only difference between gambling and trading futures with leverage is that someone can have some idea on where the market is going to move, thanks to technical analysis; that is something which cannot be achieved in a casino, the same level of understanding and certainty.

Though, I won't deny that the amount of profit which can be gotten in the future markets can be impressive at times, so can the losses.