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Author Topic: Between futures trading and gambling  (Read 1867 times)
Woodie
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August 12, 2023, 08:57:13 AM
 #301

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?
I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.

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?
To give yourself a winning chance in either of the two, it's all about learning the skill otherwise all are high risk nothing like less risky tbh!!

 
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August 12, 2023, 10:23:49 AM
 #302

~snip~
Without deeper knowledge, the chance is slim to win in both sides, but likewise, if you know how to work with gambling or with future trading the chance is good to make money, not all or there's only a few gamblers who can manage to earn from both gambling and futures but it's not impossible that you can if you equipt yourself by right knowledge and do your research the way that will give you more hints and not just placing your bets or your position basing only from what you heard from someone who call themselves experts.

Your effort to find good venues to learn more is what will help you to win decent from either gambling or future trades.
That means it's all about how we can have in-depth knowledge about both futures trading and gambling. But I still feel that future trading can make more money than gambling, especially if they have analytical skills. Meanwhile, in gambling, one must have knowledge about the stakes, and it seems that sports betting can be a place where he learns to analyze by gathering various information about the game. But it is still easy to make money from both futures trading and gambling, and it takes more than knowledge to succeed.

~snip~
Choosing any of the two or none is one's personal choice, but knowing about both of them is important for everyone and everyone should also know the difference between the two. Futures trading is risky, I totally understand that, but that doesn't mean it should be compared with gambling which is totally based on luck and there is absolutely no influence of anything else on the results of gambling, while the results of your trades in futures trading is also dependent on your knowledge and experience other than the market movements.

So, someone who chooses futures trading because they think it's like gambling, they are wrong, and they might lose more money than they might lose in gambling. But someone who understands what futures trading is and does it the way it should be done, won't lose every time and they can be profitable in the long run which can't be said about gambling.
Yes, it is a personal choice, and we also cannot say that future trading or gambling is better. Maybe those who choose future trading feel that future trading can give better results than gambling as I feel. Even though I think some people will succeed in getting income from gambling, it will not be too much because in gambling, more people will experience losses than gain.

But futures trading is not gambling. Maybe if someone doesn't learn anything about futures trading and only guesses the market's direction in trading, it will be like gambling because it is not based on analysis.

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August 12, 2023, 11:18:22 AM
 #303

I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.

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August 13, 2023, 02:55:56 AM
 #304

I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.

Yes, in fact we can make a lot of reference to casinos and trading, for example in trading I have always said that 90% depends on us and the other 10% I leave in the hands of volatility, it is very difficult to guarantee the 99% precision, if I start looking for 10% precision then things get complicated for me and my analysis can be invalidated, of course this taking into account the delay of futures, where I am not an expert, on the other hand in the caisnos the Things are different, because everything is more random and towards luck, so I would say that the things that are next to luck are not safe for me, it is very dangerous, so it is not good to gamble a lot because you lose money very quick and easy.

As far as I am concerned, what I do is a simple analogy, in both cases, each profit that you have must be hoarded and saved, not risk that profit, because both things, the more profits you have, even if they are few, because you earn for E, but of course in the long term, that for me is the trick in both things, both in the casino and for trading.

Both activities are different for me, in fact they are different, whoever says that trading is like the casino and that everything depends on luck, for me is very wrong and I think that for everyone it is very clear that they are so, for In the casino, for certain games, things are given entirely to luck, to randomness and only to what a person can determine whether to continue playing or not, now for sports betting I differ because that already depends a lot on the degree of knowledge of the person, and therefore it is something that can be easily determined, so in that sense I would say that sports betting is closely associated with the level of knowledge that one also has with trading, so it could be said that between trading and other Sports betting is a little more on par, obviously it is not given only to luck or random but to the degree of wisdom of the person.

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August 13, 2023, 03:57:12 AM
 #305

I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.
I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).


 
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August 13, 2023, 04:05:41 AM
 #306

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I prefer trading over gambling as a means to make money. The level of access is easier, and there are fewer legal risks. We can engage in trading anywhere and anytime, as long as we have smartphones and internet access.
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?
In my opinion, futures trading is fairer than gambling in casinos. On the other hand, technical analysis (TA) and fundamental analysis (FA) can be employed to increase the win rate, and I observe that more people can sustain themselves through trading as a profession. With gambling, I find that luck plays too significant a role and can be directly influenced by the casino.
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August 13, 2023, 04:18:52 AM
 #307

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I'd concentrate my time to trading; perhaps it's a lengthy procedure in which we achieve substantial profits after we begin trading and utilize beneficial techniques. Gambling is primarily guesswork and unreliability, and it readily cultivates addictions in people. One of the reasons I don't gamble is because of this basic fact. But trading has helped me throughout the years, allowing me to be self-sufficient and earn a solid living by working at the comfort from home. Gambling and trading are distinct pursuits, yet they all point to the same goal: generating profit.


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famososMuertos
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August 13, 2023, 06:52:06 PM
 #308

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I prefer trading over gambling as a means to make money. The level of access is easier, and there are fewer legal risks. We can engage in trading anywhere and anytime, as long as we have smartphones and internet access.
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?
In my opinion, futures trading is fairer than gambling in casinos. On the other hand, technical analysis (TA) and fundamental analysis (FA) can be employed to increase the win rate, and I observe that more people can sustain themselves through trading as a profession. With gambling, I find that luck plays too significant a role and can be directly influenced by the casino.

If you know how to do a TA, then apply it to that context of the OP, they are two totally different areas, the only thing that brings them closer in comparison is the risk.

It's like comparing water polo to football.

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ethereumhunter
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August 14, 2023, 06:06:19 AM
 #309

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I'd concentrate my time to trading; perhaps it's a lengthy procedure in which we achieve substantial profits after we begin trading and utilize beneficial techniques. Gambling is primarily guesswork and unreliability, and it readily cultivates addictions in people. One of the reasons I don't gamble is because of this basic fact. But trading has helped me throughout the years, allowing me to be self-sufficient and earn a solid living by working at the comfort from home. Gambling and trading are distinct pursuits, yet they all point to the same goal: generating profit.
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

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August 14, 2023, 06:22:54 AM
 #310

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I'd concentrate my time to trading; perhaps it's a lengthy procedure in which we achieve substantial profits after we begin trading and utilize beneficial techniques. Gambling is primarily guesswork and unreliability, and it readily cultivates addictions in people. One of the reasons I don't gamble is because of this basic fact. But trading has helped me throughout the years, allowing me to be self-sufficient and earn a solid living by working at the comfort from home. Gambling and trading are distinct pursuits, yet they all point to the same goal: generating profit.
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.
Well, first of all, i think its even out of sense to compare trading to gambling, this is because gambling as i believe we all know if not a profession, but more of something to have fun and pass time with, trading on the other hand is a profession, a very good one at that, there are many professional traders who make a lot of money on daily basis, they have nothing else doing aside trading, and with that, they are living large, have good family, live in a big house, driving good car, eating good food, wearing good clothes and so on, trading is a noble profession which any body can be proud of any where he or she goes.

But for gambling, gambling is not a profession, and for someone who tag him or herself as a professional gambler, he or she must have other chains of businesses that is bringing money, else, he or she would live a very frustrating and stress filled life, gambling should only be done for fun and never be taken as a profession cus it can never be one, except for those that build and run gambling casinos.

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August 14, 2023, 06:30:14 AM
 #311

Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.

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August 14, 2023, 08:57:39 AM
 #312

I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.
I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).
exactly! there are very many small gamblers out there big gamblers share about their big wins because with small capital they can get a lot of money even though it is not equivalent to the total loss but for futures trading it is very rare for them to share the results they get because sometimes they trade for the long term so it is not at any time it can be shared with others about the experience but for gambling it is like an instant when someone is lucky one can easily get that big win.
most importantly for me gambling and futures trading will always be different and gambling always carries a higher risk of losing all the money.

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August 14, 2023, 09:07:59 AM
 #313

I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.
I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).


People who were doing futures were also always sharing their won. The problem if you didn't know how much their margins. It's caused by they were only sharing their template that hows how much they earned from their futures.
The margin can be big or small. It's kinda different in gambling caused by you just share your actual bet whether it won or lost. You were sharing how much you are betting.
I see no difference between gambling and future. The risk is the same but the method used to get the money is kinda different. Trading is still using some informations to determine the trend.
Sometime when you are correctly predicting the trend and you will able gained thousands percents of profit in futures trading.

Gambling and futures are differ if we are seeing through method to get  profit.

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August 14, 2023, 10:30:01 AM
 #314

Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.

Logically right, it's not easy for it is but if you take time to learn more about what influence or what are the factors that impact the market then future trading may give you some decent profits, though same concept with gambling mostly with sports betting where you can also research what are the things that might impact the possible outcome of the game before placing your bet.

Opinion base for me, it's either you choose future trade or gambling in taking the risk and have that time to continue studying the market of your chose to make some good patterns and strategy that may give you extra edge and possible positive income.

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August 14, 2023, 07:48:27 PM
 #315

Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.
In my opinion, trading is best option because through trading we shall become expert. In future, people will show trust on us and they will give us money to invest and make 50-50 percent profit. In this way, we can invest other money and can get a huge profit  because every person investment plans are different. Some people can invest 100000$ but they don't have skills, in this way we can help these persons and we can make a huge profit. If we have skills, we can invest own money and can get good return on investment. But in case of gambling this is not possible, there is no learning, no skills and no experience. One day you can win and will be king and next day you will be on road, if you lose.

R


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August 15, 2023, 02:24:44 AM
 #316

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?
To differentiate between gambling and futures trading I would consider both risky. Because when I gamble for income in a casino there is a lot of risk if I bet. Most of the time when betting in the casino it is possible to win a few bets but then most of the time the bet is lost. And many times in casinos, if someone wins big money, he becomes a big man and can change his life. On the other hand I think futures trade is more risky because when a person starts trading futures there is more chance of losing money. But not as risky as it is in risky gambling, it is often seen that if money is likely to be lost, it can be recovered by losing some money. Again, many times it is seen that a lot of money can be gained by trading futures, so the difference here is that when there is a possibility of liquidation in futures, if there is more money added, it reduces the risk of losing money. In that case I think Futures trade is a bit different as there is hope of some money in futures trading but all money is lost if you bet on the casino platform.

.
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August 15, 2023, 03:56:56 AM
 #317

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?
To differentiate between gambling and futures trading I would consider both risky. Because when I gamble for income in a casino there is a lot of risk if I bet. Most of the time when betting in the casino it is possible to win a few bets but then most of the time the bet is lost. And many times in casinos, if someone wins big money, he becomes a big man and can change his life. On the other hand I think futures trade is more risky because when a person starts trading futures there is more chance of losing money. But not as risky as it is in risky gambling, it is often seen that if money is likely to be lost, it can be recovered by losing some money. Again, many times it is seen that a lot of money can be gained by trading futures, so the difference here is that when there is a possibility of liquidation in futures, if there is more money added, it reduces the risk of losing money. In that case I think Futures trade is a bit different as there is hope of some money in futures trading but all money is lost if you bet on the casino platform.

It is okay for your gambling to be systematized as you do on trading, but you cannot put our gambling practices into your trading. Otherwise, you're doomed to lose. Because in trading, there is a professional standard that you have to meet to become profitable. You get to follow rules, you get to heck your psychology, and maintain and regularly check if your strategy is still working. Unlike in gambling, you just need to bet. Let the luck play it's role on your gambling.

Both have immense risk One wrong click. One wrong type or added zero, you're likely  to lose all your money.

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August 15, 2023, 03:59:27 AM
 #318

In my opinion, trading is best option because through trading we shall become expert. In future, people will show trust on us and they will give us money to invest and make 50-50 percent profit. In this way, we can invest other money and can get a huge profit  because every person investment plans are different. Some people can invest 100000$ but they don't have skills, in this way we can help these persons and we can make a huge profit. If we have skills, we can invest own money and can get good return on investment. But in case of gambling this is not possible, there is no learning, no skills and no experience. One day you can win and will be king and next day you will be on road, if you lose.
You are very sure that trading will provide profit especially if you are an expert, and in that way intend to provide opportunities for other people who want to put their funds in you with a 50-50 profit share, even though nothing is certain in trading even though you are an expert, you will still have the opportunity to experience losses and when you experience a loss people who put their money in you certainly won't like it and usually people who are willing to put their money in other people because they think they will get a definite profit and really don't understand what trading is. So trading is no less risky than gambling so you have to be aware of that and always use money you can afford to lose.

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August 15, 2023, 04:27:58 AM
 #319

I prefer trading over gambling as a means to make money. The level of access is easier, and there are fewer legal risks. We can engage in trading anywhere and anytime, as long as we have smartphones and internet access.

Talking about ease of access, actually gambling is much easier to access than trading. Because trading requires analysis, tools, and so on, and I think devices like smartphones are small enough to be used for trading, at least you need to use a tablet, and you can't trade anywhere, because you need concentration and a quiet place.
As for gambling, with only a few dollars and a smartphone you can access many games directly and this can be done anywhere and in any situation. And you don't need KYC or anything, you can directly deposit with crypto and play on your device.

R


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August 15, 2023, 04:51:55 AM
 #320

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?

It seems to me that it is not very correct to compare these two classes since their principles are different. The fact is that I have not heard about the dependence on trading, perhaps in it the influence of luck is not as strong as in gambling, and therefore there is no such excitement. In trading, much more depends on your skills than in a casino (in poker and other cards, of course, a lot depends on the player). Yes, traders sometimes do not know the measure, and everyone has heard about those unfortunate people who ruined themselves during the strong falls of stocks, but I repeat that the phenomenon of dependence here is far from the same as in gambling.

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