fingnome (OP)
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September 20, 2023, 08:18:32 AM |
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Hello, Bitcointalk community!
Having spent over 20 years on the trading floors of major banks, I've come across various financial instruments and strategies. One intriguing area that often pops up in debates is 0-dated options trading vs. traditional gambling. So, which is more fun? Let's dive in.
0-Dated Options Trading: These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!
Gambling: Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.
The Verdict: Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.
However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.
For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!
What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
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Gallar
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September 20, 2023, 09:40:49 AM |
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~Snip For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!
What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
These two options are very interesting and are in great demand by many people. Because both are ways to gain profit. So deciding which option is better is quite difficult for me. Because for now, in general I am a trader in the crypto realm. But on the one hand, I also often gamble too, such as playing slots and when there are sports matches, such as football. Then of the two options, I consider that both have their respective advantages and disadvantages. Just like making a trade. This has both risks and benefits. Likewise with gambling, it is the same, it has risks and benefits. But what differentiates the two options is the process. If you trade, as you wrote, there is such a thing as analysis and the like. Meanwhile, as far as I know, gambling is absolutely just a prediction. And if you look at the end result, for example from trading, making a profit. Then, for example, can also make a profit from gambling. But if think about the process, gambling is indeed easier. Because it's like just making a guess, or like spinning a roulette. But in trading, to make a profit, hard work is needed in analyzing it. But even so, in my opinion trading benefits from less risk than gambling. So in essence I think trading and gambling if you look at all factors, I think they are the same. If you look at it from the perspective of benefits, risks and process
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slapper
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September 20, 2023, 10:28:22 AM |
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There are some key differences between gaming and trading 0-dated options. First, the foundation. When buying options, especially ones with no expiration date, relies on market volatility, news, and real-time data. In addition to racing against the time, you're trying to predict market movement based on up-to-date event. It's high stakes, fast-paced, and demands a certain level of expertise
Gambling is fun but works differently. You can't beat the house, and outcomes are often more random than skill-based. Casinos and other gambling establishments are profit-driven
0-dated options reflects our fast-paced, data-driven world. You can't just follow your intuition; you must respond to current events. Conversely, gambling remains static, its basic principles unchanged for centuries
Both conditions provide an adrenaline rush, but they work differently. Gambling escapes into chance, while options trading demonstrates the current financial structure
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DVlog
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September 20, 2023, 03:50:09 PM |
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What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
A trader needs to have knowledge about the market for options trading when gambling requires you to be extremely lucky. In gambling you are betting on the result of events that you have no control over on the other hand your insight into market data and understanding of its behavior can help you to predict the outcome accurately. Options trading is a mix of knowledge, skills and strategies. It's quite challenging to do successful execution but its highly rewarding as well.
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tabas
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September 21, 2023, 07:18:22 AM |
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What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
Well, it's more thrilling but I wouldn't go for that. I'd rather choose the typical trading setup than going with the 0DTE option or any the same trading setup like margin trading. While gambling is unpredictable, your intention varies on what you actually wanna do. If you're up for trading and you're like doing it without that much experience, then do it to gain more experience but you don't expect to have good endings. Whilst in gambling, you know what to expect and you could win and lose some. Both has its own risk but the setup of what you're going to choose and how much money you're gonna start with them adjusts the risk.
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rat03gopoh
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September 21, 2023, 07:46:43 AM |
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There are 2 categories of enthusiasts and their conclusions: People who use both as entertainment: it's not predictive and that's where the fun lies. People who use both for profit purposes: it's predictive and it's a risk challenge.
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Upgrade00
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September 21, 2023, 07:56:10 AM |
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What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
This might be the generic answer, but it depends on the player and the level of involvement they have in the game. Any activity that involves staking money for possible return is enough to cause some level of thrill for the player cause they have something at stake they can lose and potentially have some larger amount they can win. When you narrow that down into a one of few hours or even minutes the thrill rises automatically and can be repeated several times over Gambling and trading both have their appeal and judging by the fact that both can get addictive, it is associated with a release of dopamine due to the thrill it causes. If I'm to add something to your question, gambling is also a strategic challenge just as trading is and it requires a lot of critical thinks and consideration of past events.
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NotATether
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September 21, 2023, 08:23:28 AM |
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0-Dated Options Trading: These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!
What? I don't see how staring at a bunch of numbers on the screen is supposed to pack more thrill than gambling, especially when the result will not be known for several hours in the worst case. Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around.
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fingnome (OP)
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September 23, 2023, 03:47:09 PM |
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There are some key differences between gaming and trading 0-dated options. First, the foundation. When buying options, especially ones with no expiration date, relies on market volatility, news, and real-time data. In addition to racing against the time, you're trying to predict market movement based on up-to-date event. It's high stakes, fast-paced, and demands a certain level of expertise
Gambling is fun but works differently. You can't beat the house, and outcomes are often more random than skill-based. Casinos and other gambling establishments are profit-driven
0-dated options reflects our fast-paced, data-driven world. You can't just follow your intuition; you must respond to current events. Conversely, gambling remains static, its basic principles unchanged for centuries
Both conditions provide an adrenaline rush, but they work differently. Gambling escapes into chance, while options trading demonstrates the current financial structure
Absolutely, you bring up a crucial point! While casinos have their house edge, in options trading, traders often contend with Huge bid-offer spreads that can significantly impact profitability. It's a bit like navigating a financial minefield where the bid-offer spread can eat into potential gains and make it challenging to come out ahead, especially in short-term trading. In the world of options, understanding and managing these spreads is vital. Traders not only need to predict market movements but also ensure that the difference between buying and selling prices doesn't erode their profits. It's a different kind of challenge compared to casino games, where odds are more transparent. Let's dive deeper into this topic. How do you approach managing bid-offer spreads in your options trading strategies, and what tips do you have for fellow traders dealing with this aspect of the game?
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CODE200
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September 23, 2023, 03:54:07 PM Merited by fillippone (1) |
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I think options trading and gambling both sparks thrill because both involves money and requires you to make bold decisions. But in my opinion, gambling is more thrilling. First, gambling relies heavily on luck, and is an unpredictable game. So, it would really instigate excitement and at the same time anticipation to the person. Because the more unpredictable it is, the more we seek for better outcomes. On the other hand, trading can be less thrilling compare to gambling because you can make informed decisions in trading unlike in gambling. Yes, we can argue that market is volatile, but if you're back up with good analysis skills and you how to analyze data and the basics of trading, you can at least minimize the risks in contrast in gambling. You can also develop both strategies on both, but the probability of overseeing the outcome is much lower in gambling compared to trading. And howsoever, you still have control on the outcome of your trades, which is very contrary to gambling. So, weighing both of them, gambling is packed with more thrill than trading.
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cabron
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September 23, 2023, 04:36:04 PM |
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I have not really tried that 0dated options trading but I think it has a little to zero difference to binary which you can choose which time frame it will expire which I think both is thrilling than gambling. I find it thrilling to play in binary trading but it's just risky to do it on crypto because there is no reputable platform that does have it. If there is, the platform loads too slow that it becomes riskier to play on it.
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teosanru
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September 23, 2023, 06:05:57 PM |
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Hello, Bitcointalk community!
Having spent over 20 years on the trading floors of major banks, I've come across various financial instruments and strategies. One intriguing area that often pops up in debates is 0-dated options trading vs. traditional gambling. So, which is more fun? Let's dive in.
0-Dated Options Trading: These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!
Gambling: Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.
The Verdict: Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.
However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.
For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!
What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
Honestly both are very same in this case. If you are doing trading without any analysis at the back then it's more or less just like gambling. Coming to which could bring more thrill. I think trading would bring more because the outcomes are more, in gambling comparetively the outcomes are less instead.
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dansus021
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September 24, 2023, 01:36:02 AM |
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Both of them are packed with thrill they are created like that from the original package. I will do trade still can be analysed and give you a ton of profit. But just an opinion if I have to do both I will definitely to go buy my previous bucket list https://bitcointalk.org/index.php?topic=5462387.msg62892554#msg62892554
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Fara Chan
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September 24, 2023, 03:49:10 AM |
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Honestly both are very same in this case. If you are doing trading without any analysis at the back then it's more or less just like gambling. Coming to which could bring more thrill. I think trading would bring more because the outcomes are more, in gambling comparetively the outcomes are less instead.
Doing trading without analysis or without continuous research on the market will always end up being very ridiculous, because a job like trading is a job that really requires special knowledge and understanding of the market in order to get better and maximum results. So if there are people who like to trade without doing analysis or research and also don't have any knowledge about trading, that is called recklessness and is not a good thing to do. And another parable is as you said, which is not much different from gambling.
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Don Pedro Dinero
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September 24, 2023, 05:28:25 AM |
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What are your thoughts?
I think that when you talk about gambling you mix things that have nothing to do with each other and therefore your argument is flawed. Gambling: Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.
Betting on horse racing and poker are essentially different from roulette because you can win money in the long run. Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around.
This is not the case for horse racing, poker and sports betting, which the OP has not mentioned. For example, do you think Alan Woods shouldn't have taken it as a job? The Hundred and Fifty Million Dollar ManAlan Woods: The Master of Quantitative Horse Racing Betting | People Who Got Rich from Betting
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EarnOnVictor
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September 24, 2023, 10:09:21 AM |
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0-Dated Options Trading: These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!
What? I don't see how staring at a bunch of numbers on the screen is supposed to pack more thrill than gambling, especially when the result will not be known for several hours in the worst case. Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around. I believe you misunderstood this guy, it's trading that has a distinct difference from gambling, not option trading, and option trading is just like gambling brought into trading. Options trading is a way you bet against time with either a call or put options just like you do in gambling. It's more gambling because your speculation of the position might be right, but what about the accuracy of the timing, will the market fulfil all your chosen options? This is just a gambling practice within the market and the reward is often very high as I've seen as high as 100% return in traditional options trading depending on the risk involved if the predicted outcomes are positive. They merely added "trading" to it as it's being done in relation to the market, but in practice, you are gambling. Also, I've seen a gambling site that added options trading to their offerings.
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Sim_card
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September 24, 2023, 10:41:40 AM |
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What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
They are both similar to each other, because you predict and wait for the outcome of the game or the trade for the day. they are both drilling, but I have will prefer gambling to 0DTE, because I see gambling is of more fun to me than 0DTE. I get the thrill more when I am gambling and expecting to win the game, and when it turns out the other way round, I accept my fate because I wasn't expecting to win alone but I have also considered losing too.
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Wexnident
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September 24, 2023, 10:57:47 AM |
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It's like you're comparing writing an explanation of how to play a game vs how you should play a game. It's a no-brainer which one is much more entertaining in thrilling. Though I guess a minority would exist here, I reckon the majority would answer that gambling is naturally the more thrilling part. You're relying on literally nothing after all, just pure luck. Include to that the possibly staggering amount of money you'd bet and win/lose after that single click. I also wouldn't really consider trading as a form of entertainment. I guess for you it is, but for the vast majority I reckon it's not and it shouldn't be.
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palle11
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September 24, 2023, 07:55:28 PM |
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For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!
I think that trading is more professional and not prediction based but analytical which brings out the thrill in it. People can rely on it for source of income even though it is risky but you can reduce the risk with stop loss which stands out as a major difference for the gambling aspect whose main winning power rely on prediction and luck. Trading is more thrilling for me, the charts are there to guide you into the world of global financial economy.
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famososMuertos
Legendary
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Activity: 1862
Merit: 2964
LE ☮︎ Halving es la purga
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September 24, 2023, 09:27:57 PM Last edit: September 24, 2023, 09:40:40 PM by famososMuertos |
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You have a point of view , " 🪟 " ,it's your way of seeing things and if they work for you, what's the point of going to the question to say something that can't be compared.
You make a comparison in my opinion as wanting to count apples and pears, they can be counted but like fruits, apples are apples, pears are pears, it seems obvious but they cannot be added to what each one means.
So, It's as wanting to compare chess with throwing dice, I find it wow, really, but if you add the adjective fun, you limit it to that, "fun" but I don't know how You can compare in the individual sense as Game of what it really means to play it, the chess, e.g.
Apple, peras,chess, dice can be counted as food and entertainment, but their own individuality makes them different, and that is understandably obvious, you understand.
It's the same with the eternal "annoying" comparison trade vs. Bets.
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