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Author Topic: Between futures trading and gambling  (Read 1859 times)
Negotiation
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July 17, 2023, 09:05:34 AM
 #201

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.
I was reading your response  with so much keen interest hoping to see the difference  between gambling  and futures  but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge,  I've always seen trading in general  and gambling as one and I personally  will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling  as a side hustle.
Gambling depends entirely on luck here there is a very little gap or difference between the trader and the gambler, and that is that the trader works according to his prior plan, and accordingly he expects the real reflection to expand and improve his chances. But you won't find that in a gambler because their thinking is not really practical. But the investor starts thinking like a gambler they wait for luck here it is important to remember that luck comes and goes.

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July 17, 2023, 10:54:41 AM
 #202

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.
People who gamble for entertainment purposes are one hell of people, like how do you spend and lose money for fun? Do they have excessive wealth and do they lack enjoyable activities to engage in, or do they prefer to lose money? I still don’t see the fun in it because I gamble for the purpose of making money and if i lose in the process I accept my faith and go again another time.


would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
No matter how much you know about them, they both carry a significant level of risk.  When you are already familiar with trading, gambling is usually simple because it doesn't take much effort to comprehend gambling; all you need to do is watch several games you are interested in, and over time, you will learn how to bet. However, it would be challenging to enter trading if you are a skilled gambler because you will have to deal with tension and learn about trading.

I am aware that they are both risky, but I don't believe I can handle the uncertainty of trading the future, therefore I think I would rather play in a casino and earn 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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.

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July 18, 2023, 03:56:40 AM
 #203

Yes, you are right, because not all experts, be it trading or sports analysis, still not all the predictions they make are accurate and right on target because there really needs to be other luck as a supporting factor to achieve certain goals, I have done analysis and not all of them are right. the desired target, have really experienced failure, almost often fail so that's what you say.

We also all know that everyone who has the ability to predict or analyze is also experienced, has certain limits, so it is not easy to be right on target because it could miss what has been analyzed. that's why it's important not to take other people's analysis and predictions for granted. because not everything is really exactly as expected
And if we don't have good analytical skills, we can keep learning, maybe reading about other people's analyses to add to the insight and knowledge we have so we can improve our analytical skills. If we want to keep learning, we can have the opportunity to develop better and it's okay if we still fail because it's all a process that we have to go through.

One day, our abilities will develop properly and we will be able to predict or analyze well at that time. We also don't need to rely on other people's analysis because we can already analyze it ourselves. But we should not assume our abilities are the greatest because that will make us arrogant.

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July 20, 2023, 04:33:10 PM
 #204

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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.
I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.
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July 20, 2023, 05:22:12 PM
 #205

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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.
I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.



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July 20, 2023, 05:30:10 PM
 #206

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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.
I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.



That's the point, nothing is easy in terms of making money either with future trades or gambling, it's simply to say that it will be a quick way to lose your money, one mistake will cause you money and there's nothing you can do if the market or if the outcome did not favor your side,

there's always a good value if you will continue to study and research either you are into gambling or into trading, your chance of making money still possible but in an accurate or continuous ways, that's something that really unusual from both business.

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July 20, 2023, 05:33:30 PM
 #207

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 will like future trading than gambling though these two things look similar, gambling can crumble you and likewise trading within a second you are empty. But if you are good in trading there is no way that you be empty a day, definitely you must make profit a day but gambling is not like that, if your luck is bad in that day then yours is gone. Upon all these I still like trading to gambling. Gambling is for fun but the money you loss would definitely pain you. So the fun comes with pain as well.
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July 20, 2023, 07:05:59 PM
 #208

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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.
I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.



If you want to compare gambling and future trading in terms of risk, then I must say that both of them are risky and you cannot choose any one of them to be less risker. I think one should make up their mind to either trade or gamble with respect to the interest they have in both things.

Some people may be crazy about the crypto trade and they feel comfortable trading the crypto's futures market while others may feel enthusiastic about playing casino games or betting on matches.

Hard to choose between the two although both of them are entirely different ways to earn money.

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July 20, 2023, 08:20:02 PM
 #209

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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.
I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.


In the first place, we cannot really compare gambling over trading because in gambling, we seek entertainment and pleasure while also making money at the same time but in trading, I really doubt that we can even do that as there is no entertainment when it comes to trading and it's all pure money making only, and mistakes will be hard to carry as that will surely have consequences down the line.

Moreover, in gambling, we have the freedom to choose whether to play it seriously or foolishly especially in luck-based games while in trading, you of course cannot trade foolishly as that will just give you a bad outcome.

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July 20, 2023, 09:23:11 PM
 #210

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?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.
I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.

It's true that no work is simple, and no matter what you do, you will discover that earning money is not simple. Gambling may seem simple, but if you aren't really into it, you won't understand the serious amount of work that goes into it. It can be irritating to analyse games and wait for them to succeed, but the danger involved shows that gambling is not a simple work.  Contrarily, nothing in life is guaranteed, and we can only hope that our circumstances turn out for the best. This is true regardless of the type of work we do, whether it be a white-collar job, gambling, or trading.

R


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July 20, 2023, 09:57:39 PM
 #211

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 will like future trading than gambling though these two things look similar, gambling can crumble you and likewise trading within a second you are empty. But if you are good in trading there is no way that you be empty a day, definitely you must make profit a day but gambling is not like that, if your luck is bad in that day then yours is gone. Upon all these I still like trading to gambling. Gambling is for fun but the money you loss would definitely pain you. So the fun comes with pain as well.
You are right, we could liken gambling and futures trading to being faced with the option of choosing between a manual drive and automatic drive car, for those who like to be in control, they will chose the manual drive car which is the futures trading, in this, you don't just depend on luck, but your knowledge and skill is what will save or mar you ..

On the other hand, for many who are kind of lazy and don't want to stress themselves, they would choose the automatic drive car, which is the gambling, here, 90 percent of the time, every out come is left to luck and chance, you have absolutely no control to the outcome of a game session, even in sports betting, as the outcome of a match is non of your making, you can only be lucky to correctly predict the outcome.

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July 21, 2023, 11:39:46 PM
 #212

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.
I was reading your response  with so much keen interest hoping to see the difference  between gambling  and futures  but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge,  I've always seen trading in general  and gambling as one and I personally  will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling  as a side hustle.

Gambling and trading are obviously two very different activities, gambling is based solely on luck and the sense that luck can give us, but if we don't see it, Trading has a lot to do with our Analysis and many things can happen, first when we make the right decision it translates into profits, and the possibility that the analysis is correct and that the result does not occur may fall, this is normal because sometimes the market tends to be quite volatile, the only analogy I can make between gambling and trading is that when you have profits Small profits should be taken, because this is something to be considered, because at least I think trading and gambling should be seen as a business, it's the only way to be profitable.

If we, in gambling or trading, want profits from one day to the next, everything will fail, because both in tradition and in the game you have to be very patient, you have to have a lot of stamina, and the truth is not to let all the money be lost, because that would be something very bad, when we run out of money we will run out of action, then an analogy between the two could be made for that , and well , when you have profits, if they are micro profits, you should take them, you should not risk them, because That is the key to have profits and be profitable all the time , but it is my way of thinking and seeing how it is possible to Earn Money.

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July 21, 2023, 11:54:45 PM
 #213

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 will like future trading than gambling though these two things look similar, gambling can crumble you and likewise trading within a second you are empty. But if you are good in trading there is no way that you be empty a day, definitely you must make profit a day but gambling is not like that, if your luck is bad in that day then yours is gone. Upon all these I still like trading to gambling. Gambling is for fun but the money you loss would definitely pain you. So the fun comes with pain as well.

if you happen to learn the strategic moves in futures trading, you will go home as a winner. and you can learn such tactics thru experience and reading as much info for the project. whereas, in gambling, even if you study hard the game esp the luck-based games, you will still go nowhere as it is based on luck.
but when it comes to trading, if you are patient enough to learn the tricks, you can earn your profits. it may not be big but you won't go bankrupt. for me, this is better than playing your chance in those casino classic games.

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July 21, 2023, 11:58:22 PM
 #214

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 will like future trading than gambling though these two things look similar, gambling can crumble you and likewise trading within a second you are empty. But if you are good in trading there is no way that you be empty a day, definitely you must make profit a day but gambling is not like that, if your luck is bad in that day then yours is gone. Upon all these I still like trading to gambling. Gambling is for fun but the money you loss would definitely pain you. So the fun comes with pain as well.

if you happen to learn the strategic moves in futures trading, you will go home as a winner. and you can learn such tactics thru experience and reading as much info for the project. whereas, in gambling, even if you study hard the game esp the luck-based games, you will still go nowhere as it is based on luck.
Agreed on the difference between futures trading and gambling. Learning will increase the chance of winning whereas the luck decides with gambling. Futures trading can be made successful through our regular market observation and through the prediction in connection to the growth. With futures trading one could loss, but the same won't completely empty the wallet. With gambling if we're unlucky we will go emptied.
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July 22, 2023, 12:12:23 AM
 #215

Why does it just have to be about learning how to trade futures? How about learning how to trade options, or stocks, or simply how to invest properly.

As an advisor I thankfully have never had to make the decision whether I wanted to learn just one or the other, so I’ve learned both. I think anyone else has this same opportunity.

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July 22, 2023, 12:27:29 AM
 #216

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I can only see slight difference between gambling and future trading, the two is really risky and you are likely going to lose money easily from both gambling and future trading. If you are comparing gambling with spot trading, I won’t even think about it twice before choosing spot trading, because of the low risk, but am really scared of future trading. When trading futures, the higher leverage you use, the higher your profit will be, and the lower your leverage, the lower your profit. So most people are being pushed to use high leverage when trading just because of the high reward, which at they end you might end up losing everything you are trading with, but if you can maintain a very low leverage, then your risk is minimal.

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July 22, 2023, 12:30:55 AM
 #217

Why does it just have to be about learning how to trade futures? How about learning how to trade options, or stocks, or simply how to invest properly.

As an advisor I thankfully have never had to make the decision whether I wanted to learn just one or the other, so I’ve learned both. I think anyone else has this same opportunity.

Good point. That "life-changing" reward that OP mentioned can also be achieved by just doing spot trading or those you have mentioned.

Maybe OP thinks that Future Trading is by far the most rewardable method in terms of advanced trading which can yield a high return. Might be true at some point but as always, high expected rewards are not that easy to achieve and it always associates with high risks.

It's just a matter of self-preferences though and interest. Even how profitable future trading, spot trading, investing in stocks, or the usual gambling in general, etc., without any interest from the person itself, they won't succeed at any options mentioned.

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July 22, 2023, 02:23:26 PM
 #218

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I can only see slight difference between gambling and future trading, the two is really risky and you are likely going to lose money easily from both gambling and future trading. If you are comparing gambling with spot trading, I won’t even think about it twice before choosing spot trading, because of the low risk, but am really scared of future trading. When trading futures, the higher leverage you use, the higher your profit will be, and the lower your leverage, the lower your profit. So most people are being pushed to use high leverage when trading just because of the high reward, which at they end you might end up losing everything you are trading with, but if you can maintain a very low leverage, then your risk is minimal.
Both are equally risky, but gambling is riskier because we can feel the pleasure of gambling, making us forget to control our gambling. And in the end, we only know that it turns out that we have lost all the money with nothing left. The risk of future trading is also the risk of making our money disappear, especially if we don't use the stop loss feature and choose Cross mode, which will use all of our balance to trade. But if you use Isolated mode, you will not lose all the money.

Maybe the low risk one is spot trading, where if we don't sell the coin when the price is decreasing, we still have a chance to sell at a high price, especially if the price can immediately reverse. But whatever it is, we must know how to reduce the risk so the loss will not be too big.
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July 22, 2023, 04:39:40 PM
 #219

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I can only see slight difference between gambling and future trading, the two is really risky and you are likely going to lose money easily from both gambling and future trading. If you are comparing gambling with spot trading, I won’t even think about it twice before choosing spot trading, because of the low risk, but am really scared of future trading. When trading futures, the higher leverage you use, the higher your profit will be, and the lower your leverage, the lower your profit. So most people are being pushed to use high leverage when trading just because of the high reward, which at they end you might end up losing everything you are trading with, but if you can maintain a very low leverage, then your risk is minimal.

I can say that also as a slight advantage as if the market is not moving that fast you can still wait and hold if you use small leverage, and the chance of making some profits when strong bounce back take place, unlike with high leverage where the distance can burn everything in just a blink of your eye when market quickly move differently from how you expect it to be.

You always have the risk behind from both gambling and future trading. The option should be taken according to how you interpret and analyze the business.

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July 22, 2023, 05:04:09 PM
 #220

Both are equally risky, but gambling is riskier because we can feel the pleasure of gambling, making us forget to control our gambling. And in the end, we only know that it turns out that we have lost all the money with nothing left. The risk of future trading is also the risk of making our money disappear, especially if we don't use the stop loss feature and choose Cross mode, which will use all of our balance to trade. But if you use Isolated mode, you will not lose all the money.
That is very clear and simple, all fields will have their own risks, and the two fields referred to here are gambling and trading in my opinion both have a very similar risk impact where psychological and mental will be the main targets that someone can feel. As for gambling, I agree with you that the level of risk in it is very high if you are too excessive in it. The self-control factor is very important in both areas, but there is indeed a slight difference in that the self-control factor in trading as you mentioned, requires one to have risk management, including stopping loss, take profit, maintaining psychological calm and other management to prevent us from what is called MC. Furthermore, in gambling, there is no risk management as I mentioned above, but from a psychological point of view, it is still very much needed here, where control in gambling is only needed when you experience defeat.

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