Between futures trading and gambling

[borovichok]

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.

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space. They both have the same positive and negative results. The only way to ensure our own well-being is to stay on the winning side, which will trigger and motivate us to gain favorable points from the system. Both are available, and we may place bets on games classified as online gambling using only our smartphones.

[Cryptmuster]

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space.

No matter how much I tried to achieve at least some significant results in betting, I didn’t succeed, but in trading everything is different, to tell the truth, trading on the spot and not on the futures, so the risks are much lower. And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.

[wiss19]

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.

That's basically how people should think about this, trade with your capital every day and have a fixed budget out from the profit you make from trading to gamble whenever you feel like it. What's unfortunate is that a lot of people take gambling as a way to earn money, I know it's a crazy thing to think about gambling knowing that casinos are businesses for their owners and they aren't created to provide for us people still avoid these things and gamble for money.

However, those who understand the essence of trading and take gambling as a way to get entertained will basically enjoy their lives more because they will be earning money through trading and spending a small part of it on gambling when they feel stressed out or tired by watching charts and stuff for so long.

[ethereumhunter]

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.

Indeed, gambling and trading are different. Trading can be a job if one is serious about learning the details of trading. Meanwhile, gambling is only for entertainment so it cannot be used as a job because we will only experience many defeats if we try it. And although some people do manage to earn money from gambling, they probably won't be able to earn it as often because gambling is really just for fun and not to make money.

We should be able to decide never to use gambling as a job and better find another job. And if we are also struggling to make trading a job, we can find a job that we can do. And we have to choose it and don't look at what other people are doing because maybe it won't suit us if we do it too.

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.

Trading is not as easy as it sounds because before we decide to trade, we must be able to learn more about trading and practice it. Without practising it, we will not have enough ability to benefit. And many have tried to learn to trade but they haven't been able to make a profit and have finally given up and instead relied on trading signals from other people.

Gambling is only for entertainment and if anyone wants to try to make money from gambling, they better not try it because the result will not be what they envisioned. Gambling as an entertainment will not be a source of income and it is different from trading because by learning to trade even better, they can make a profit.

[CODE200]

I would choose trading over gambling without any doubt, by some means I still have control over the outcome of my trading compare to gambling. But of course, trading requires research and knowledge, unlike gambling that does not require that much expertise and somehow only rely on pure luck.

Of course, both are risky, there is no certainty in gambling because you cannot predict the outcome. The same as in trading, markets are volatile and changes overtime but with right knowledge and experience there's a high possibility that you will succeed. So, I would say that gambling is more riskier than trading.

 

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.

I completely agree on this one. Trading can actually be a full-time career opportunity and I know some people who generate huge amount of income. On the other hand, I don't really see gambling as something that we should rely on to earn a living. For fun and entertainment, yes it can be, but being dependent to it to earn a living is a big no.

[SeriouslyGiveaway]

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.

I believe that the risk in trading or gambling is equal if you lack strategies or skills. Therefore, the key point I'd like to discuss is that we can apply many established skills to trading, more so than gambling, which leads to a higher probability of success. As a result, we have more famous traders than gamblers.

And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.

I see a significant distinction between spot trading and gambling. In my opinion, spot trading leans more towards investing than trading. There's a famous saying: 'You don't lose if you don't sell,' illustrating the concept of being a strong holder  . And this approach isn't applicable to future trading or gambling."

[xSkylarx]

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space.

No matter how much I tried to achieve at least some significant results in betting, I didn’t succeed, but in trading everything is different, to tell the truth, trading on the spot and not on the futures, so the risks are much lower. And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.

The only difference is knowledge. In trading, no matter if it is spot or futures, as long as you are knowledgeable and have a proven strategy, you have a high percentage of winning your entries, and if you lose, you know why, unlike in gambling, where you don't know why you lose even if your prediction seems right, like in sports betting, where you thought that the stronger team would win, but not all the time, so you've lost that time. In gambling, it is really a mix of luck and strategy, but in trading, it is your skills that will make you win.

[piebeyb]

And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.

I see a significant distinction between spot trading and gambling. In my opinion, spot trading leans more towards investing than trading. There's a famous saying: 'You don't lose if you don't sell,' illustrating the concept of being a strong holder  . And this approach isn't applicable to future trading or gambling."

If we talk about spot or futures trading and gambling, the risk of losing both is the same as being able to lose money quickly runs out, the only difference is that futures trading can make more profits and profits while gambling is difficult to get wins let alone profits, on average if I collect gamblers and traders feel the winning ratio of futures trading is more favorable than gambling. because I've tried to do it.

There is a difference in spot trading and futures trading, futures trading can lose money quickly the same as gambling, spot trading we are enough to be the strongest holder to get profits but as I said above that futures trading still has the possibility of getting a win compared to gambling. I've lost money fast in futures trading almost -90% sometimes I can get +300% profit

[madnessteat]

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space.

No matter how much I tried to achieve at least some significant results in betting, I didn’t succeed, but in trading everything is different, to tell the truth, trading on the spot and not on the futures, so the risks are much lower. And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.

The only difference is knowledge. In trading, no matter if it is spot or futures, as long as you are knowledgeable and have a proven strategy, you have a high percentage of winning your entries, and if you lose, you know why, unlike in gambling, where you don't know why you lose even if your prediction seems right, like in sports betting, where you thought that the stronger team would win, but not all the time, so you've lost that time. In gambling, it is really a mix of luck and strategy, but in trading, it is your skills that will make you win.

Are you sure that there is a strategy that can bring money in trading or gambling on a permanent basis? I don't think there is such a strategy. Gambling and trading are high-risk activities in which the result depends not only on knowledge, skills and experience, but also on luck. Therefore, even if your strategy works today, tomorrow it can bring you such losses that you have never even thought about.

[harizen]

In trading, no matter if it is spot or futures, as long as you are knowledgeable and have a proven strategy, you have a high percentage of winning your entries,

Can you support this statement for real? Even knowledgeable and professional traders are losing much today.

No one can withstand the volatile market and there's no such thing as a high percentage of winning in trading. Instead, I find it more appropriate to say that trading isn't only relying on luck to increase the chance of winning. However, the market is obviously not predictable therefore, proven strategies are only applicable to a given trend.

unlike in gambling, where you don't know why you lose even if your prediction seems right, like in sports betting, where you thought that the stronger team would win, but not all the time, so you've lost that time.

That's why it is called prediction. The same as how you predict the market movement in trading.

There are factors to consider at both and it doesn't mean that even if you analyzed it properly, your bet should always win.

[pakhitheboss]

Are you sure that there is a strategy that can bring money in trading or gambling on a permanent basis? I don't think there is such a strategy. Gambling and trading are high-risk activities in which the result depends not only on knowledge, skills and experience, but also on luck. Therefore, even if your strategy works today, tomorrow it can bring you such losses that you have never even thought about.

Trading strategy work most of the time whereas except sports betting or poker strategies donot work with luck gambling. I haven't seen anyone being able to get through with strategies as often as gambling. Whereas with trading as in day trading is not that easy for anyone. Day trading does provide a constant flow of daily income but you would need to be a pro in order to become a day trader.

[Fredomago]

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.

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space. They both have the same positive and negative results. The only way to ensure our own well-being is to stay on the winning side, which will trigger and motivate us to gain favorable points from the system. Both are available, and we may place bets on games classified as online gambling using only our smartphones.

The motivation that will push you to continue is the belief that you can create a good strategy that will bring you the pattern to have better numbers of winning bets/position, though it's hard to ensure that you may have that kind of outcome from each time you place your pick but it's doable in terms of having more wins compared to the numbers of your losing picks/bets.

Both future trades and gambling can't guarantee any accurate outcome. You may win some and lose after, but with good control, the chance might be better.

[len01]

-snip

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.

yep, you are right if you look at how to get money and how to share wins or profits from both, most say there are no similarities or some say its almost the same. but what I mean is that a gambler usually shares only his winnings and it is always in large numbers as if other people think that it is very easy to get money from gambling without looking at the risks and losses before getting a win so ordinary people will think that gambling is easier to do to earn money.

and for futures trading a trader shares his profits not always with large amounts because it is very rare for small capital to get big profits unless there is a bullish trend so that all the coins traded go up in price. so its very rare for traders to share their profits as long as he only uses a small budget for futures trading and people who are new to trading certainly see that it will be difficult to do because its a little complicated unlike gambling which only needs to bet where you like and on the one hand also get pleasure .

[Webetcoins]

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.

Gambling and trading are way too distinct pursuits but some people just don't get it. I understand that futures trading can be risky as well, but it isn't solely based on guessing the outcome without knowing anything at all. People spend tons of time reading charts, analyzing the market, reading the historical data, facts, and figures, and then deciding to take a certain trade, and some people go ahead and compare that with gambling where there is no decision-making such as that.

There is nothing wrong with gambling as long as someone isn't getting addicted to it or using it as a way to earn a living. You can always do some gambling if you have some free time and got some extra money that you can use on gambling without having any regrets even if you lose it all.

[LUCKMCFLY]

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.

Gambling and trading are way too distinct pursuits but some people just don't get it. I understand that futures trading can be risky as well, but it isn't solely based on guessing the outcome without knowing anything at all. People spend tons of time reading charts, analyzing the market, reading the historical data, facts, and figures, and then deciding to take a certain trade, and some people go ahead and compare that with gambling where there is no decision-making such as that.

There is nothing wrong with gambling as long as someone isn't getting addicted to it or using it as a way to earn a living. You can always do some gambling if you have some free time and got some extra money that you can use on gambling without having any regrets even if you lose it all.

You are right, what happens is that some people who have a lot of money see the casino and trading as the same, they see it as a matter of luck, in the case of casinos without considering sports betting, this is due and given only to the luck and randomness, then it is a matter of luck and every casino when you enter a game goes only to luck and to the games that obey only the house advantage and what the players can do.

In sports betting it is not all a call to pure luck, that is also a call to do things when you have knowledge, and knowledge in sports betting is relevant because it is more likely that a good analysis will make you win in a game. sports betting, many know it and it is so, for me sports betting and futures trading is a matter of knowing, and it is not a matter of leaving everything to chance, this is something that many do not understand, some casino players , they get into an exchange and begin to trade as if it were all user, they may win, but when their luck runs out they can lose everything and that is something that should not be, that is why both sports betting and trading futures you must do good analysis, because here with knowledge you can win.

The casinos within their games, be they slot machines, be they roulettes, any game is difficult to strategize, but knowledge does not help a lot, but it does not guarantee that you will win, because things here in the casinos do not work according to what is most important to me. You know, not to luck, on the other hand, the casinos that have the option of sports betting and bets are made with sports if you know enough, then you win and a lot, personally, both sports betting and futures trading should be done with much Moderation, the more you know and have a good knowledge, the closer you are to winning, but it is something that must be studied, every day to seek and learn more, it is not denied that sometimes luck plays a fundamental role, but little.

[ChiBitCTy]

Stick with gambling.  I say this as a financial advisor who's got some familiarity with futures contracts, also having lived a stones throw away form the the CBOE in Chicago for a few year and having gotten to know some of the options/future traders I learned a bit (outside of the learning I did while studying for the Series 7 , Series 65 and other financial exams). 

Futures/forwards/options contracts is serious business and you've really got to know what you're doing...it's too much work for me to be interested in personally  At least as of now. I could see myself shifting to that sector work wise eventually.  But for now, simply sports gambling and casino games it is for me.  I take enough risk market wise in stocks/ETFs etc.

[Westinhome]

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space. They both have the same positive and negative results. The only way to ensure our own well-being is to stay on the winning side, which will trigger and motivate us to gain favorable points from the system. Both are available, and we may place bets on games classified as online gambling using only our smartphones.

It may vary from person to person,because the trader can act as an gambler.But the gambler can't easily become the trader,because the trader need of more knowledge.But the gambler can play his lifetime with the luck itself.The game choosing is the important one gambling before become a gambler.The more research is the important one in the trading as compared to the gambling site.Because the gambler only need to find the website is real or fake.But the trader should find the trading exchange is real or fake and then he need to spend some time to check all the project is real or fake.So the traders had two work.

[TimeTeller]

Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space. They both have the same positive and negative results. The only way to ensure our own well-being is to stay on the winning side, which will trigger and motivate us to gain favorable points from the system. Both are available, and we may place bets on games classified as online gambling using only our smartphones.

It may vary from person to person,because the trader can act as an gambler.But the gambler can't easily become the trader,because the trader need of more knowledge.But the gambler can play his lifetime with the luck itself.The game choosing is the important one gambling before become a gambler.The more research is the important one in the trading as compared to the gambling site.Because the gambler only need to find the website is real or fake.But the trader should find the trading exchange is real or fake and then he need to spend some time to check all the project is real or fake.So the traders had two work.

Maybe the reason why the OP wanted to compare between the two, futures and gambling, is that futures is like a gamble.
As you don't know about the future performance of the project, you are left to speculate on this and take a dive with futures.
However, the more knowledge and insights you have with the project, the better your chance with futures.
Unlike in gambling, particularly with luck-based games, no matter what research or strategy you will apply on your games, if it is not your luck, you can't get your winnings.
And do remember, it depends on the person himself, how he is patient in learning with the project. Because it would take time before you can truly understand what's going on with the project.

[Awaklara]

Maybe the reason why the OP wanted to compare between the two, futures and gambling, is that futures is like a gamble.
As you don't know about the future performance of the project, you are left to speculate on this and take a dive with futures.
However, the more knowledge and insights you have with the project, the better your chance with futures.
Unlike in gambling, particularly with luck-based games, no matter what research or strategy you will apply on your games, if it is not your luck, you can't get your winnings.
And do remember, it depends on the person himself, how he is patient in learning with the project. Because it would take time before you can truly understand what's going on with the project.

I do not understand what project you mean. The OP is talking about futures trading and gambling. although futures trading requires skills and market analysis. but still, more beginners just make predictions and even randomly place positions without doing an analysis. it's just like gambling.
so for beginners who do not have trading skills. Futures trading does look like gambling. but different for those who are professionals. this is what distinguishes luck in futures trading and also gambling.

[dothebeats]

Maybe the reason why the OP wanted to compare between the two, futures and gambling, is that futures is like a gamble.
As you don't know about the future performance of the project, you are left to speculate on this and take a dive with futures.
However, the more knowledge and insights you have with the project, the better your chance with futures.
Unlike in gambling, particularly with luck-based games, no matter what research or strategy you will apply on your games, if it is not your luck, you can't get your winnings.
And do remember, it depends on the person himself, how he is patient in learning with the project. Because it would take time before you can truly understand what's going on with the project.

Regardless of what the project is all about, if traders are already locked in on a futures market, they wouldn't really changed it and play with their odds to get the maximum profit. Futures trading is very simple though also requires a bit of luck for the market to favor on your locked price. In gambling, everything and anything goes; you play with your odds, and most of the time, the odds play against you. Both are the same in terms of betting on something but different when it comes to approach. In futures trading, there is already an established pattern that traders adhere to, whereas in gambling there isn't any.