Altryist
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July 02, 2023, 07:28:12 PM |
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I like the comparison as the outcome for business owners is mutually equal. There are majorities of losers, and the business continues to grow, moving back to gambler/trader perceptions. There are differences and expect that interpretations will also be different from a person to a person as some might gain some from future trades while some from gambling.
The outcome of your participation relies on your knowledge and skills, but your big luck is where the exemption really differs. With luck, even you are a newbie, you can enjoy the luxury of making money.
I have a chain of small stores, I don’t worry about their profitability at all, because they have been operating for many years, it has turned into a stable income for me, I don’t worry about anything, I just wait for the end of the month and make a profit. And I understand that for those who trade futures, this is uncertainty every day, nerves and all that. Therefore, it is simply impossible to compare futures trading, business and gambling, because they are completely different things. Futures is almost always a loss of money, gambling is entertainment, by the way on which I can earn something.
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Fredomago
Legendary
Offline
Activity: 3094
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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July 03, 2023, 05:09:45 AM |
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I like the comparison as the outcome for business owners is mutually equal. There are majorities of losers, and the business continues to grow, moving back to gambler/trader perceptions. There are differences and expect that interpretations will also be different from a person to a person as some might gain some from future trades while some from gambling.
The outcome of your participation relies on your knowledge and skills, but your big luck is where the exemption really differs. With luck, even you are a newbie, you can enjoy the luxury of making money.
I have a chain of small stores, I don’t worry about their profitability at all, because they have been operating for many years, it has turned into a stable income for me, I don’t worry about anything, I just wait for the end of the month and make a profit. And I understand that for those who trade futures, this is uncertainty every day, nerves and all that. Therefore, it is simply impossible to compare futures trading, business and gambling, because they are completely different things. Futures is almost always a loss of money, gambling is entertainment, by the way on which I can earn something. I'm so sorry if I confused you, what I meant with my reply is about the gambling owner, I refer business owner to them, though the concept of your reply also backing up my statement all have their own opinions about future trading and gambling what they've got in common is most of the time gambler/trader lost. Defends from how good you are in taking your time analyzing if which venue can bring you decent profits.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Blitzboy
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July 03, 2023, 09:30:52 AM |
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In my opinion, trading is equal to gambling (if you are not a market maker, arbitrageur, liquidity provider, etc.). If trading could be guaranteed to make money, then everyone would do it - but someone has to lose (plus those who keep the infrastructure in the form of exchanges and other things are obliged to pay for it at the expense of traders) since this is a zero-sum game. So my answer to both questions is: there is no difference. Therefore, it is easier to play in a casino (if you want to take risks) and not bother yourself with "knowledge" about trading.
So you say that there is not actual way to earn money out of speculation in the markets? I mostly agree with what you have said, however I would also like to point out that there are actual people who can earn money out of trading, of course, they use their own techniques and tools which they would never reveal to anyone. I would say that gambling and trading are similar to each other only if there is a lack of knowledge and strategy in trading, on the other hand, we all know that there is no actual strategy in gambling or sportbetting, beyond the law of probabilities. Thorough preparation, a strong strategy, and tight risk management are the keys to successful trading. It does not occur by accident. Thus, seasoned traders may consistently profit. Comparing trading to gambling is a common error. Trading is an intentional, systematic activity when done right. Making informed selections is more significant than relying on luck. Lets not forget that there is still some room for gambling and sports betting. They do, indeed, by their very nature generate random numbers. If done well, they may be intriguing experiences and a kind of entertainment. Understanding the odds is crucial to preventing it from becoming into a problem. After all, having some fun and playing games is perfectly acceptable as long as it's done properly.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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maydna
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July 03, 2023, 01:01:22 PM |
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~snip~
People are willing to take the risk and move forward as they are aiming for a much quicker result, both gambling and future trading is unpredictable there are traders who can say that they have a good overview of the possible outcome but same deal with so-called experienced gamblers who can also claim that they have good knowledge with the game or sport that they are betting with. It's on your take when choosing or when using either gambling or future trading. If you are okay with the risk, then you can proceed and try some skills and luck. The important is that we know what to choose. And if we choose one or even both, we must be prepared for the risks, and also, we must be able to learn until we really have good analytical skills. By learning to analyze future trading or gambling, we may still have hope of making a profit. But if we are not prepared for the losses that may be greater in gambling, we should leave and choose future trades, but we must be more active in learning to analyze the market. ~snip~
Futures trading may be better than gambling when we look at things from the point of view of which one of those two activities has a higher chances of makes us money, however the difference is not that large, the majority of the people that try futures trading lose it all, with only a minority making a fortune in the process, which in a way is similar with what we see with gambling in which only professional gamblers and lucky people can make any money with it. If people engage in futures trading, they must realize that they must have sufficient skills to make a profit. Especially in the current conditions where the market is increasingly difficult to analyze, this makes them have to be able to learn more about analyzing the market. If they already have sufficient skills in analyzing the market, they will be able to find the right coin to trade with. And they don't need to try gambling because the risk of losing will be bigger.
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KTChampions
Legendary
Offline
Activity: 2450
Merit: 1932
Leading Crypto Sports Betting & Casino Platform
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July 03, 2023, 08:54:57 PM |
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In my opinion, trading is equal to gambling (if you are not a market maker, arbitrageur, liquidity provider, etc.). If trading could be guaranteed to make money, then everyone would do it - but someone has to lose (plus those who keep the infrastructure in the form of exchanges and other things are obliged to pay for it at the expense of traders) since this is a zero-sum game. So my answer to both questions is: there is no difference. Therefore, it is easier to play in a casino (if you want to take risks) and not bother yourself with "knowledge" about trading.
if you go into trading without any prior knowledge, then, it is more like gambling. But if you will equip yourself with the right tools, you will find out that your chance of getting profits is much much better. So there's difference here on case to case basis. If you have knowledge in trading, you can get out alive. However, if you plunge yourself in futures with your luck as a weapon, then yes, you are subjecting yourself like in gambling. All these are fairy tales that are told by those who sell this "knowledge" and "tools" to naive simpletons, promising those that they will get rich. If such knowledge/tools allowing trading in plus (guaranteed) existed, then everyone would get rich evenly, right? But you do realize that it's mathematically impossible, don't you?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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carlfebz2
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July 03, 2023, 09:56:05 PM |
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In my opinion, trading is equal to gambling (if you are not a market maker, arbitrageur, liquidity provider, etc.). If trading could be guaranteed to make money, then everyone would do it - but someone has to lose (plus those who keep the infrastructure in the form of exchanges and other things are obliged to pay for it at the expense of traders) since this is a zero-sum game. So my answer to both questions is: there is no difference. Therefore, it is easier to play in a casino (if you want to take risks) and not bother yourself with "knowledge" about trading.
if you go into trading without any prior knowledge, then, it is more like gambling. But if you will equip yourself with the right tools, you will find out that your chance of getting profits is much much better. So there's difference here on case to case basis. If you have knowledge in trading, you can get out alive. However, if you plunge yourself in futures with your luck as a weapon, then yes, you are subjecting yourself like in gambling. All these are fairy tales that are told by those who sell this "knowledge" and "tools" to naive simpletons, promising those that they will get rich. If such knowledge/tools allowing trading in plus (guaranteed) existed, then everyone would get rich evenly, right? But you do realize that it's mathematically impossible, don't you? Even just on having that simple thinking in between realistic things about having that ways on getting profitable with trading or gambling then its true that everyone would really be getting rich. Having that kind of common sense on where if ever there's a way or method on making yourself profitable in constant ways neither you are getting involved with trading or gambling then that someone wouldn't really be bothering on sharing up that kind of method for it to be not that be saturated.Right? Doesnt matter on which thing you would really be getting involved with because one things for sure is that there's no way that it would really be that so easy on making profits but somehow if we do speak about on the risk levels then it would really be that significant if we do speak about futures and gambling literally. Futures trading isnt totally a gamble because you could really apply some analysis into it compared if we do talk about gambling games literally.It is really just that people could really be having that kind of impression towards it because of that total unpredictability of the market price which its been that in default.
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Webetcoins
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July 04, 2023, 04:58:15 PM |
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Gambling and trading is really not that the same especially if we just view gambling as a form of entertainment it's not every day that we see ourselves gambling in some random platform. Trading cannot be viewed as entertainment because in this field, vast experience and knowledge is a requirement so that you can minimize your risks and chances to lose while gambling, yes it may require some of these mainly if you're inclined to sports betting but again, it's not the same where we have to choose.
Last but not the least, why not do both because that is very possible to do. I mean, I do that myself.
Basically, trading is something that people do specifically to earn money, so they spend a lot of time learning it and the tools and patterns, and indicators used to become a successful trader because you put your money and your time on the line so that you can gain financial freedom. On the other hand, gambling is something that doesn't require any learning, anyone can start gambling right away if they have money and got a place to gamble. Though there are parts of gambling that require experience and knowledge as you mentioned such as sports betting, that doesn't necessarily mean that gambling is something that can be used to earn money because it is not and that is why it is called gambling as you always have the risk of losing your money.
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cabron
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July 04, 2023, 05:54:38 PM |
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If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.
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Silberman
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July 05, 2023, 07:03:11 PM |
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If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.
It depends, there are many traders out there, especially newbies, which come to this market without knowing anything about it, invest in meme coins and hope for a big win, to me those people are gambling and not trading, also binary options and futures trading seems very similar to gambling as well, or at least that is what they seem to me, however if there is a trader out there which took their time to test their strategy and they did this for months and then they can obtain long term profits, then it is obvious such a person is not gambling.
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Fredomago
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July 05, 2023, 07:08:37 PM |
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If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.
It depends, there are many traders out there, especially newbies, which come to this market without knowing anything about it, invest in meme coins and hope for a big win, to me those people are gambling and not trading, also binary options and futures trading seems very similar to gambling as well, or at least that is what they seem to me, however if there is a trader out there which took their time to test their strategy and they did this for months and then they can obtain long term profits, then it is obvious such a person is not gambling. Indeed, those who enter this market without proper knowledge and understanding with how huge is the risk inside the market, those people are doing it the same deal with gambling they just invest and hope that a huge pump will take place and will allow them to collect a decent amount of money, same as well with future trading which the concept of anticipating the possible direction of the market is really hard to predict. But if someone who spend time to study and do their analysis, that's someone who can manage to earn and really doing things the right way.
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livingfree
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July 05, 2023, 10:03:35 PM |
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If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.
For some progressive countries, they may do this or will just add some rules to their citizens if it's related to gambling. And to answer with the question which is easier, gambling it is. You can choose to gamble based on what you think if you're lucky and just let happen what should happen. In futures, even if it's said as a gamble as well but you wanna be at least have that chance of learning the market and do some analysis before doing so.
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stomachgrowls
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July 05, 2023, 10:10:17 PM |
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If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.
It depends, there are many traders out there, especially newbies, which come to this market without knowing anything about it, invest in meme coins and hope for a big win, to me those people are gambling and not trading, also binary options and futures trading seems very similar to gambling as well, or at least that is what they seem to me, however if there is a trader out there which took their time to test their strategy and they did this for months and then they can obtain long term profits, then it is obvious such a person is not gambling. Futures or binary options is somewhat similar like to gambling due to fast movement or pace on making decisions whether it would be going up or down, but the main differences on here is that you could really be able to apply strategies on which it is really the main advantage compared when you do gamble.It is really just that there's significant difference in between spot and futures when it comes to this aspect. This is why there are people who are really that able to bare up such risks and there are ones who would really be sticking into spot because they cant really just that able to handle the risks specially with those huge leverage which it isnt really that recommendable. Surprisingly on which there are really lots of noobs who are really that directly trying out to engage with futures before doing spot but well along the way they would really be able to realize on such big mistake that they had done.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Fullcoinese
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July 05, 2023, 11:56:38 PM |
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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.
gambling in casinos in my opinion is more suitable to only be used as an activity for fun and in my opinion it will not be able to make more money. if anything works i think it's a fortune. would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
i prefer futures trading to gambling in a casino when it comes to making 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?
all of course have their own risk of loss because we are both risking our money but in my opinion if we can learn well about trading then we will be able to control the risks in trading rather than casino gambling.
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Davidvictorson
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July 06, 2023, 07:25:24 AM |
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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?
If your aim is to make money go for future trading. If you want to have fun, look to gambling. They are both risky but you must have propensity for one. But I think that future trading is serious business and requires more effort than you gambling. The thrill of gambling is all that gamblers want, and if they can gain money from it, even better. If not, they are content to carry on with their lives. They don't need to study technical or fundamental analysis, and the news has little bearing on whether they win or lose.
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pakhitheboss
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July 06, 2023, 08:42:23 AM |
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The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.
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Juse14
Sr. Member
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July 06, 2023, 09:19:05 AM |
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would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I like to do both because I think both speak about luck. However, it has a different risk. But for card gambling and other bets I prefer to do it with friends for entertainment rather than having to do it in a casino. By betting and gambling with friends, the velocity of money will only be in that scope and when I lose, I can still feel the money from my friends. Whereas when playing at the casino, when I lose, I will really lose money. And for online gambling, I try to avoid it because the risks involved are very high. For futures trading I really like it. because with futures trading, both short and long, apart from providing benefits for me and the level of risk is not too high. Futures trading can hone my skills and increase my literacy because I have to keep an eye on market developments so I can make a profit and when I experience a loss I don't feel a loss because I get a replacement, which is more valuable knowledge so I can continue to improve my skills and evaluate to minimize losses. Obviously for gambling and trading both have risks but for trading you can predict what the success rate will be while for gambling it is very difficult to predict.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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Strongkored
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July 06, 2023, 10:17:21 AM |
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would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I like to do both because I think both speak about luck. However, it has a different risk. But for card gambling and other bets I prefer to do it with friends for entertainment rather than having to do it in a casino. By betting and gambling with friends, the velocity of money will only be in that scope and when I lose, I can still feel the money from my friends. Whereas when playing at the casino, when I lose, I will really lose money. And for online gambling, I try to avoid it because the risks involved are very high. For futures trading I really like it. because with futures trading, both short and long, apart from providing benefits for me and the level of risk is not too high. Futures trading can hone my skills and increase my literacy because I have to keep an eye on market developments so I can make a profit and when I experience a loss I don't feel a loss because I get a replacement, which is more valuable knowledge so I can continue to improve my skills and evaluate to minimize losses. Obviously for gambling and trading both have risks but for trading you can predict what the success rate will be while for gambling it is very difficult to predict. If the futures trade that you are doing depends on luck, it is very likely that the trader will do it only based on guesswork, not based on analysis, because trading should be the result of analysis, and luck does not play an important role in trading, it is very different from gambling, it will be entirely based on luck, and only in certain games or certain types of gambling that really require skill and also the ability to analyze, such as poker games and sports betting, because the win rate in this type of gambling really depends on skills and also analytical abilities such as the match to be chosen as a bet . But if a trader trades on binary options it is the same as gambling and only depends on luck in my opinion.
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Huppercase
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July 06, 2023, 12:10:52 PM |
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All these are fairy tales that are told by those who sell this "knowledge" and "tools" to naive simpletons, promising those that they will get rich. If such knowledge/tools allowing trading in plus (guaranteed) existed, then everyone would get rich evenly, right? But you do realize that it's mathematically impossible, don't you?
I find it puzzling why people remain so naive when it comes to these matters. I am skeptical of the notion of achieving success in life through fairy tales because, inherently, human beings tend to be secretive. What I mean is that when individuals have a reliable source of income, they usually keep it hidden from the public and refrain from sharing it with others, unless the idea is not lucrative enough. This is when you witness them disguising and attempting to teach the public how to make money. However, deep down, they know it doesn't work that way. When an idea truly brings in money, they will never disclose it to the public.
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len01
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July 06, 2023, 03:06:31 PM |
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If the futures trade that you are doing depends on luck, it is very likely that the trader will do it only based on guesswork, not based on analysis, because trading should be the result of analysis, and luck does not play an important role in trading, it is very different from gambling, it will be entirely based on luck, and only in certain games or certain types of gambling that really require skill and also the ability to analyze, such as poker games and sports betting, because the win rate in this type of gambling really depends on skills and also analytical abilities such as the match to be chosen as a bet . But if a trader trades on binary options it is the same as gambling and only depends on luck in my opinion.
If we talk about luck, yes indeed both will depend on luck, it's just that the level of luck is very different because we certainly know that gambling is a business established for the benefit of casino owners, not for customers, so gambling luck will be much greater than futures trading. in terms of analysis both also require analysis and here we are talking about futures trading with sports betting. Both types have similarities that require analysis. from everything that I have said here, I have the conclusion that gambling has a risk of competing with gambling owners and we will lose more than win and for futures trading there is a risk when prices dump.
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dezoel
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July 08, 2023, 03:25:10 PM |
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The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.
No one can actually control the outcome in futures trading, that is a wrong statement, what you can do in futures trading is predict the outcome more accurately with the help of market knowledge, experience, and fundamental and technical analysis, and that is what makes it different from gambling because you don't have a chart to read or a team or a project to analyze or a past to check when it comes to gambling, it's pure speculation. The outcome of both of course isn't guaranteed, even in futures trading, you don't win all the time, if that were the case, there wouldn't be millions of dollars getting liquidated every now and then, that happens because people choose the wrong sides and market moves the other way, but it is just that if you are careful and have a lot of experience, you will have more chances of getting profits.
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