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Author Topic: Between futures trading and gambling  (Read 1859 times)
Josefjix
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July 26, 2023, 10:55:06 AM
 #241

Trading and gambling are different things. For trading need market analysis and knowledge about cryptocurrency market. On the otherhand for gambling no need to learn about cryptocurrency market. Gambling like a lottery. If anyone trade he will be some benefited or some loser. If anyone do future trade then he need use take profit and stop loss. Then loss and profit we can select. But in gambling you will get double 2x,3x or you will loss all fund which you in on game. So i think there has many difference between trading and gambling.
We selected the one that is advantageous to us rather of putting our hopes in high places, which would derail our efforts. I never, ever think about anticipating in gambling; it's not my routine and never will be; I'm always on the bright side and trading continuously in order to hit my envisioned TP. Futures trading and gambling are both dangerous and offer the potential for massive returns when dealing with the positive side. Gambling is legal and very harmful; becoming addicted to gambling is a sure way to wind up in deep debt, and trading is frequently prohibited in some countries, for the same reasons that it will surpass a country's fiat currency trade volume.

R


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dezoel
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July 26, 2023, 01:18:10 PM
 #242

Trading could really be turn out to be gambling even if we do speak about Spot trading but on the time that you arent really that knowing on what you are doing then for sure it would be considered gambling. How much more if you do touch up on futures trading? You would really be having the impression that this would really be like gambling and this is why its better to have a serious approach
when it comes to trading. Dont dive in into this field if you dont know on what you are doing but somewhat if you do have the knowledge and skills on making good trades then it is really something that
separating that kind of risks compared to those who do make out blind trades which is something that you do really need to avoid because you would really be
making yourself doing gambling once again.
In that sense, anyone doing anything with their money without knowing much about it is a gamble because they will most likely lose their money without gaining any benefit from it, whether it's business, opening a shop, buying and selling goods, or anything in the world. A person who doesn't acquire the necessary knowledge about something before involving in it will surely lose their money and that is surely gambling with their money but it's their mistake.

Just because someone can lose their money in futures trading because they don't have enough knowledge and experience about it doesn't make futures trading just like gambling, because futures trading provides you with the opportunity to make use of the market movements to earn money but you need to learn it first, while in gambling, there is no learning, it's all based on your luck.

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bangjoe
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July 26, 2023, 04:56:16 PM
 #243

Trading could really be turn out to be gambling even if we do speak about Spot trading but on the time that you arent really that knowing on what you are doing then for sure it would be considered gambling. How much more if you do touch up on futures trading? You would really be having the impression that this would really be like gambling and this is why its better to have a serious approach
when it comes to trading. Dont dive in into this field if you dont know on what you are doing but somewhat if you do have the knowledge and skills on making good trades then it is really something that
separating that kind of risks compared to those who do make out blind trades which is something that you do really need to avoid because you would really be
making yourself doing gambling once again.
In that sense, anyone doing anything with their money without knowing much about it is a gamble because they will most likely lose their money without gaining any benefit from it, whether it's business, opening a shop, buying and selling goods, or anything in the world. A person who doesn't acquire the necessary knowledge about something before involving in it will surely lose their money and that is surely gambling with their money but it's their mistake.

Just because someone can lose their money in futures trading because they don't have enough knowledge and experience about it doesn't make futures trading just like gambling, because futures trading provides you with the opportunity to make use of the market movements to earn money but you need to learn it first, while in gambling, there is no learning, it's all based on your luck.
I think that the criteria do not have this knowledge cannot be included in the gambling category, because something I know, people will buy something because he knows it, and people will do business, of course he has knowledge even though it is a little, and never people who do not have knowledge of opening a business and thinking "hopefully lucky".

My interpretation is that trading will enter the gambling categorized because there are no original items that are sold, and you do all kinds of calculations, and know the items that are sold, but you only guess up or down prices to benefit, it's the same as gambling, I think there is the gambling. Unlike the case with spot trading, where you have the goods and you are free to sell it anytime, because it becomes your own, and you will not lose your goods even though the price goes down or rising.

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Docnaster
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July 26, 2023, 05:12:49 PM
 #244

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.
Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house.
Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter.

In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money.

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piebeyb
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July 26, 2023, 05:26:54 PM
 #245

Just because someone can lose their money in futures trading because they don't have enough knowledge and experience about it doesn't make futures trading just like gambling, because futures trading provides you with the opportunity to make use of the market movements to earn money but you need to learn it first, while in gambling, there is no learning, it's all based on your luck.
Futures trading does have the same risk as gambling, when you predict wrongly, you will usually lose all the money as a whole, that's why it is always associated with gambling and has similarities, but on the other hand, the futures market can be analyzed before placing an order so that when it is really right according to the analysis, it will profitable, it's the same as gambling that relies on strategy when it's right it will be profitable too but gambling relies more on luck than strategy.

But from my experience playing futures trading and gambling there are many differences, especially from the very different risks when we really predict wrongly we can close orders automatically and limit our losses so it's not like we're playing gambling even though it can be limiting but emotional in gambling it's very difficult to dammed so that we continue to play gambling again to chase defeat while in futures trading we can still control our emotions while correcting mistakes from analysis.

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July 26, 2023, 05:30:22 PM
 #246

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.
Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house.
Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter.

In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money.

Sports betting and futures trading indeed require skills to foresee what might happen. But then most of those traders in the forum I think are switching to gambling like sports betting because the market in crypto is a lot harder to predict than sports like soccer or boxing.

I can read charts somehow but the because the market is just moving sideways, like the moment you go long the market starts dumping. It kind of betting against your position. I guess the whales just need to keep the market uninteresting until halving.


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July 26, 2023, 05:51:38 PM
 #247


Sports betting and futures trading indeed require skills to foresee what might happen. But then most of those traders in the forum I think are switching to gambling like sports betting because the market in crypto is a lot harder to predict than sports like soccer or boxing.


I don't think they will consider gambling as no risk to abandon trading. They also need to understand that their are high risk in gambling and that bettors are losing fortune because the only risk management in gambling is to bet as you can bear the loses but in trading, apart from the ways that they can manage their risk and loses, they also can stop the losing trade half way instead of losing everything. Also they can apply stop loss on the trade but gamblers have no opportunity of changing their mind to stop their stake if they have already bet.

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July 26, 2023, 06:41:11 PM
 #248

^

In my opinion, futures trading, like gambling, is a high-risk activity, so everyone who decides to play with luck should be aware of what he is doing and what he will do if he is unlucky and loses all his money.

Personally, I like gambling better, because in futures trading I lose money too quickly. At least in my experience with futures trading I have had only negative experiences.

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July 26, 2023, 07:18:36 PM
 #249

You may prefer the ticket to lose instead of accepting the amount given to you as cash out.
Not everyone Will prefer their ticket to lose instead of cashing our, you should just speak for yourself. If am gambling and am given the opportunity to cash out, if am not confident about the remaining matches left, then I will just cash out and go away with my win, some times when gambling we shouldn’t be greedy, it’s better you cash out the little amount than you losing everything.

If people like you end up going into future trading, you might end up just losing your money always, because future trading is not for the greedy once. If you are greedy, you might always end up using high leverage always just because you want much money, and some times when you are suppose to take profit, you won’t because you won’t be satisfied with the profit.

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July 26, 2023, 09:37:53 PM
 #250

You may prefer the ticket to lose instead of accepting the amount given to you as cash out.
Not everyone Will prefer their ticket to lose instead of cashing our, you should just speak for yourself. If am gambling and am given the opportunity to cash out, if am not confident about the remaining matches left, then I will just cash out and go away with my win, some times when gambling we shouldn’t be greedy, it’s better you cash out the little amount than you losing everything.

If people like you end up going into future trading, you might end up just losing your money always, because future trading is not for the greedy once. If you are greedy, you might always end up using high leverage always just because you want much money, and some times when you are suppose to take profit, you won’t because you won’t be satisfied with the profit.

Which always been the case for those greedy traders and also with those greedy gamblers, with that same mindset of keep aiming for more and not being contented with what supposedly they already gained, losing is probably the outcome results, you always have that option to quit, either you win some or you already losing portions of your money, if by chance you have the option better not to be greedy and choose that wise decision either to lessen or to secure your chances.

You might have lesser earnings but secure or you may lose a portion of your money, but you can continue and re-try the chase.

Though, it's sure that we will hear different perceptions and opinions depending on the person who will define and justify his case.

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July 26, 2023, 09:43:58 PM
 #251

You may prefer the ticket to lose instead of accepting the amount given to you as cash out.
Not everyone Will prefer their ticket to lose instead of cashing our, you should just speak for yourself. If am gambling and am given the opportunity to cash out, if am not confident about the remaining matches left, then I will just cash out and go away with my win, some times when gambling we shouldn’t be greedy, it’s better you cash out the little amount than you losing everything.

If people like you end up going into future trading, you might end up just losing your money always, because future trading is not for the greedy once. If you are greedy, you might always end up using high leverage always just because you want much money, and some times when you are suppose to take profit, you won’t because you won’t be satisfied with the profit.

Which always been the case for those greedy traders and also with those greedy gamblers, with that same mindset of keep aiming for more and not being contented with what supposedly they already gained, losing is probably the outcome results, you always have that option to quit, either you win some or you already losing portions of your money, if by chance you have the option better not to be greedy and choose that wise decision either to lessen or to secure your chances.

You might have lesser earnings but secure or you may lose a portion of your money, but you can continue and re-try the chase.

Though, it's sure that we will hear different perceptions and opinions depending on the person who will define and justify his case.
It's all about the propensity of a gambler to take risks. Just cause they lost on a big bet doesn't mean they are stupid, especially if there's a pattern in their betting which leads them to make these ludicrous bets in the process. Same goes for those who relish in that hellhole called futures trading. Just cause they lost on a big trade and their asses got liquidated doesn't make them a failure of a person especially when they've studied the ins and outs of the craft.

If these gamblers went in raw without proper knowledge/background about gambling and then they lose their shit then sure, call them stupid and dumb, but everything comes with its own sets of risks, it's just that some of us here are accustomed to the same risk and have made contingencies to combat those, but that doesn't mean they'd always win.

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July 27, 2023, 07:18:10 AM
 #252

In my opinion, futures trading, like gambling, is a high-risk activity, so everyone who decides to play with luck should be aware of what he is doing and what he will do if he is unlucky and loses all his money.

Personally, I like gambling better, because in futures trading I lose money too quickly. At least in my experience with futures trading I have had only negative experiences.
It's okay if you think that futures trading is causing you to lose money too quickly. At least you have good control in gambling, so you don't lose too quickly, like in futures trading. Everyone will think differently because we have different experiences, too, so only we know which one we think has a higher risk than the others. There may be people who think gambling can lead to losing money too quickly compared to futures trading, which is also okay. We choose something based on our experience, so there must be a difference.
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July 27, 2023, 08:09:44 AM
 #253

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?

Futures trading is gambling in my opinion. You’re just making bets on companies and their ability to over or underperform expectations. Since it isn’t a black and white type of gambling it could give people the illusion that futures are some type of investment, but they are a really poor way to invest and a great way to gamble.

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July 30, 2023, 10:05:19 PM
 #254

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?
Is it really necessary to learn about futures trading before starting to make money there? No.

Two months ago I found two good trading masters on Bybit and started copytrading. One month, I copied one trader. Another month - another trader. The first month brought me more than +100% to my deposit. The second one brought me +28% more.

So, my answer is as following: futures trading may be even easier than casino.
There is a very big difference between futures trading and gambling because gambling is based purely on luck and there is no influence of anything else at all, while futures trading is based on your knowledge and experience about the market and your ability to do analysis based on the data and charts available, you can know the outcome of a trade if you know what you are doing but you can never know the outcome of a bet because it is not based on anything but a result generated by an RNG.

In futures trading, you might not get profit all the time, but if you are experienced and understand how the market generally moves because you've been watching charts and analyzing the coins that you will be trading in, you can always have a general idea of how the market will move next.
Whenever it comes to trading and betting we have one foot in success and one foot in failure, I feel much more secure in trading than gambling, apart from if I'm into sports betting I think there could be a 50/50 chance -50 that I have to win and lose, at least I see it that way in football, but in the case of futures trading it is something that I hardly know how to do, it seems to me that it is too risky, there are many strategies and many theories that they can make us win, but in hindsight it is something that can be learned and it depends a lot on our degree of intelligence and our own decision, sometimes in casino games we can have logic very well, but luck does not smile on us, and to me that is a noticeable difference.

Of course, these things are what I think about when it comes to futures trading, personally I see this as very risky, apart from the fact that I don't really know how to do this type of trading, I'm more into operating with trading in the medium or long term than in futures that is something so violent, he would open us how to do it because it would be like being in a casino playing, because the technical indicators for this type of trading are different due to the very high volatility, so it is easier to lose money if you don't even have the slightest idea of how to operate.}

Are there any traders who make their own platforms and who have their indicators, how do they do it? I'm not, but given their experience, they can do this kind of thing and I really admire it a lot. In this sense, I see that things here in the casino can be done in the best way as long as we don't let ourselves be surprised by the losing streak or because our logic fails us when we are in a casino, for that reason in a casino when it comes to games we have to guarantee the amount of money we are willing to lose, because there is no other way, we cannot risk everything that we have because it would be very irresponsible.

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July 30, 2023, 11:31:39 PM
 #255

It's okay if you think that futures trading is causing you to lose money too quickly. At least you have good control in gambling, so you don't lose too quickly, like in futures trading. Everyone will think differently because we have different experiences, too, so only we know which one we think has a higher risk than the others. There may be people who think gambling can lead to losing money too quickly compared to futures trading, which is also okay. We choose something based on our experience, so there must be a difference.
Gambling seems to be easier, I don't go through the stresses daily, wagering once is fine by me. Of course, we are eligible to lose on both sides; in our pursuit of more substantial finances, we lose at extreme ends; yet, we rarely make room for disappointment; perpetual winning is the target. Future trading and gambling are two distinct things in the region as a whole, and I would advise my friends to stick with the one that has proven to be beneficial in previous instances. This crypto environment is not as welcoming or straightforward as it appears; use extreme caution at all times and keep an eye on an opportunity outcomes.

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July 31, 2023, 03:33:40 PM
 #256

You may prefer the ticket to lose instead of accepting the amount given to you as cash out.
Not everyone Will prefer their ticket to lose instead of cashing our, you should just speak for yourself. If am gambling and am given the opportunity to cash out, if am not confident about the remaining matches left, then I will just cash out and go away with my win, some times when gambling we shouldn’t be greedy, it’s better you cash out the little amount than you losing everything.

If people like you end up going into future trading, you might end up just losing your money always, because future trading is not for the greedy once. If you are greedy, you might always end up using high leverage always just because you want much money, and some times when you are suppose to take profit, you won’t because you won’t be satisfied with the profit.

Which always been the case for those greedy traders and also with those greedy gamblers, with that same mindset of keep aiming for more and not being contented with what supposedly they already gained, losing is probably the outcome results, you always have that option to quit, either you win some or you already losing portions of your money, if by chance you have the option better not to be greedy and choose that wise decision either to lessen or to secure your chances.

You might have lesser earnings but secure or you may lose a portion of your money, but you can continue and re-try the chase.

Though, it's sure that we will hear different perceptions and opinions depending on the person who will define and justify his case.
It's all about the propensity of a gambler to take risks. Just cause they lost on a big bet doesn't mean they are stupid, especially if there's a pattern in their betting which leads them to make these ludicrous bets in the process. Same goes for those who relish in that hellhole called futures trading. Just cause they lost on a big trade and their asses got liquidated doesn't make them a failure of a person especially when they've studied the ins and outs of the craft.

If these gamblers went in raw without proper knowledge/background about gambling and then they lose their shit then sure, call them stupid and dumb, but everything comes with its own sets of risks, it's just that some of us here are accustomed to the same risk and have made contingencies to combat those, but that doesn't mean they'd always win.

Yeah, everything will turn to how you prepared yourself, both future trades and gambling have that same possible outcome, either you win or you'll lose with your pick, but same thing with how you point it out, if the person are learning with the patterns and he's trying harder in each attempts, the chance of getting positive result is possible.

Always going to depend on how willing the person is, in taking the risk when positioning his future trade, or taking the risk when betting on his chosen to gamble games.


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July 31, 2023, 03:39:42 PM
 #257

~snip~
Whenever it comes to trading and betting we have one foot in success and one foot in failure, I feel much more secure in trading than gambling, apart from if I'm into sports betting I think there could be a 50/50 chance -50 that I have to win and lose, at least I see it that way in football, but in the case of futures trading it is something that I hardly know how to do, it seems to me that it is too risky, there are many strategies and many theories that they can make us win, but in hindsight it is something that can be learned and it depends a lot on our degree of intelligence and our own decision, sometimes in casino games we can have logic very well, but luck does not smile on us, and to me that is a noticeable difference.

Of course, these things are what I think about when it comes to futures trading, personally I see this as very risky, apart from the fact that I don't really know how to do this type of trading, I'm more into operating with trading in the medium or long term than in futures that is something so violent, he would open us how to do it because it would be like being in a casino playing, because the technical indicators for this type of trading are different due to the very high volatility, so it is easier to lose money if you don't even have the slightest idea of how to operate.}

Are there any traders who make their own platforms and who have their indicators, how do they do it? I'm not, but given their experience, they can do this kind of thing and I really admire it a lot. In this sense, I see that things here in the casino can be done in the best way as long as we don't let ourselves be surprised by the losing streak or because our logic fails us when we are in a casino, for that reason in a casino when it comes to games we have to guarantee the amount of money we are willing to lose, because there is no other way, we cannot risk everything that we have because it would be very irresponsible.

Yes, I understand your perspective. Both trading and betting come with unique risks and benefits. And I completely get why you say that trading is more hazy and unpredictable than sports betting, which feels like a 50/50 chance

It's acceptable that not everyone will enjoy it. You must determine what suits you the best. Also, developing one's own trading platform and creating one's own indicators is really cool. They appear to be participating in a whole other game

While you mentioned that you should only play with money you're willing to lose while talking about casinos, I believe you hit the nail on the head. Up until that point, everything is amusing, right?

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July 31, 2023, 06:19:38 PM
 #258

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.
Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house.
Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter.

In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money.
Both are risky. If I see it from your point of view then futures trading is risky. Because there is nothing predictable. Moreover, there is a risk of losing more money in a short period of time. But i want to say gambling is riskier than futures trading. Where you can win or lose all your money in a short span of time.

In the case of sports betting, if you take a bet by considering the playing status of the team players there is a chance of winning, on the other hand, there is no such chance in future trading. If there is no high volatility there may be less profit or loss. Since the two differ according to the genre, a trader will favor futures trading while those who are gamblers will definitely enjoy gambling.

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July 31, 2023, 06:29:36 PM
 #259

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.
Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house.
Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter.

In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money.
Both are risky. If I see it from your point of view then futures trading is risky. Because there is nothing predictable. Moreover, there is a risk of losing more money in a short period of time. But i want to say gambling is riskier than futures trading. Where you can win or lose all your money in a short span of time.

In the case of sports betting, if you take a bet by considering the playing status of the team players there is a chance of winning, on the other hand, there is no such chance in future trading. If there is no high volatility there may be less profit or loss. Since the two differ according to the genre, a trader will favor futures trading while those who are gamblers will definitely enjoy gambling.

Futures trading is indeed risky and could really be that somewhat could be classified as a gambling but we know and in the sense that analysis could really be applied then it cant really be totally called gambling at all.

Its not literally a gamble but if we do speak about the risks then its high.It is really just that there are people who cant really be able to bare up such risks on the time that they would really be engaging into it.
This is why on the time that you would really be making up some futures trading then it would really be just that right that you shouldnt really be having that gambler like approach into this because it would really be worsening up the situation in speaking about risks on which its not something completely random because we could really be able to apply some technicals on every price entry that we do make.

Plus, we could really be able to differentiate in between trading and leisure things on which this had been the primary differences and we should really know on how to dealt up with these things in the first place.

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July 31, 2023, 06:48:21 PM
 #260

Everyone will have a contrary view and opinion about this controversial topic but the truth remains that future trading is less risky compare to gambling. Future trading involves strategies and analysis which help to minimize it's risk while gambling is purely based on chances. As a future trader, you have control over your fund and you can exit the trade if it decline your prediction but gambling is totally different because once you click on the bet button you have no control over it again until the game is settled either in your favor or against you.

Normally, it's not possible to predict the future perfectly but traders have the advantage of making use of some strategy like economical news, historical data and some other information that aid their prediction and offer traders a better chance of making profit than in gambling.

You are right that futures trading is a bit safer, but the only thing that makes it so is the ability to exit, losing only part of your money, not all of it like you can do in gambling. On the other hand, the profits are also much smaller. You rarely get x2 right away. Usually it's a percentage of your investment. So instead of winning 100% or losing it all, you win 10% or lose 10%.
Analysis doesn't help much because the market can be manipulated and you don't own the asset. You bet on a prediction and never have anything but a promise of payment from the fund.

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