Flip or Trade? What’s The Bigger Gamble?

[BenCodie]

Flipping and leaving things down to chance is the easy way. In turn, sometimes you will win, sometimes you will lose. Ultimately, 50/50 results in long term even events. Even wins, even losses. With casinos, this goes down as low as 35%/65%. In online casinos, it's generally 45%/55% or sometimes as low as 49.5%/50.5%. The result? Long term losses.

Day trading involves a lot more than just chance. It requires following principals and skill to improve the success rate. You are also competing with and against many people in many markets, not against a casino software built to always have better odds of winning than you do.

I totally get your point about the certainty of the 50/50 coin flip and the skewed odds in casinos or online platforms. Yes, day trading does require adherence to principles, a honed skill set, and a comprehensive understanding of the market dynamics. However, despite all the skills and principles, the market has its way of throwing curveballs. Considering the statistic that over the last 20 years, less than 10% of U.S. actively managed funds have outperformed the market, the odds seem grim. In day trading, you're pitted not just against a system designed for you to lose, but against global events, algorithmic trading, and massive financial institutions, making the playing field more uneven than it might initially appear. The complexity, the competition, and the unpredictability could make day trading feel like more of a gamble than a game of chance.

I agree. Committing to making day trading work is a risk feet, generally it isn't successful. However short term investing seems to work a lot more successfully in comparison, as this way there is time to ride out volatility, do more accurate analysis with higher time frames and make adjustments based on changing fundamentals and circumstances.

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

[Mr.suevie]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

[BenCodie]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

It is easy for anyone to be able to learn the basic techniques that will allow them to better view the market, rather than the default view (which the market works contrary to in my opinion). When people are fearful, be greedy. When people are greedy, be fearful, for example. A quote renowned by Buffet himself.

In the short term, trading might = gambling for a complete newbie. Though someone who takes the time to learn the right principles and techniques, I think that the difference in chance is incomparable to that of gambling.

[savetheFORUM]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

You can't really blame trading for the mistakes you've made yourself, it's you who wasn't knowledgeable or experienced about the market and couldn't handle the trades very well which is probably why you had to face losses, and I'm pretty sure that you gave up after a single loss which is why you say that gambling and trading are similar which is not true. Even if you are making short-term trades, you can still manage to gain significant profits over time.

Gambling is totally dependent on your luck while trading requires knowledge and experience, and it isn't necessary for someone to have all their trades ending with profit, you will face losses as well but it is not like gambling where your losses will surely be more than your wins in the long run.

[LUCKMCFLY]

Day trading is not similar to gambling, in day trading the person studies the market a lot, does a lot of technical and fundamental analysis of the market and then buys and when buying the person puts stop - loss which allows the person to be able to buy and when the forecast is wrong and the price drops, that person will only lose a little money. There are very good strategies for making money trading and reducing money losses, but in general day trading is less risky than gambling. just ask ourselves how many people became addicted to gambling and how many people became addicted to day trading and we will see that the number of people addicted to gambling is a much greater number than the people who do day trading

and in my opinion this difference in the number of people addicted to gambling is a much greater number than the people who are addicted to day trading (I confess that I have not yet seen anyone saying that person X or Z became addicted to day trading) if This is due to the fact that in day trading people know that they are not going to make a lot of money, even a beginner when they enter day trading immediately realizes that they are not going to make a lot of money. for example: if a person puts $400 on an exchange to do day trade, it would take months for that person to make a 2x profit, that is, it could go more than 4 or 6 months without the $400 becoming $800

The only option a person would have in trading to get a profit of 2x or more than that would be to do hodl, and this is something that also forces the person to have patience and hold on for a year or years. Now when we look at games of chance, people immediately come across games that have a multiplier of 2x to 35x or if the person places sports bets they will easily see games with odds of @2.00, that is, in the game of chance, place $400 and have lucky, the person would easily have more than $800 in a few hours. but if that person is unlucky, then in a few hours they will easily lose all 400$ whereas in day trading even if the person were a complete amateur it would take months to lose all 400$

Well, many people tend to confuse trading (whatever its aspects) with gambling, some people believe that because some trading options are fast, such as futures, binary options, it is like gambling and it is not like that, things are usually different, for example when entering a casino the chances of winning are very random, it may be that you can win at once with a large bet or you may not win at all, it is luck, it is randomness, in rtrading there are many other things with work, there is fundamental analysis, technical analysis, a lot of mathematics, many things that have to do with the main reason of doing an analysis to win in a certain time interval.

Futures trading is very simple to do, to operate, but it takes work to reach a good result, however sometimes with all that things don't go well, you slip up or you make a mistake, so you can lose money. who posted, then these types of things are what one should consider when facing a game, or trading, in trading it is more focused on doing things by knowing, if you don't know anything and leave everything to luck, Well, that's not good, because there is no profitability, there is no way to do things well.

In trading there is a lot of work, we only see the tip of the iceberg and there is a lot there to be able to reach a signal, because money that is put in is money that can be lost and that is not what we are looking for, me personally, I find it very difficult to trade futures, because there have to be many indicators, many conditions, plus the volatility is impressive, whether in futures or forex, for me it is very risky, because I am not a quick responder. , I am one of those who likes to do long-term trading, and that is just that compared to a trader of any game, the long-term game tends to lose, while the trading does not, in the long term with a good analysis you can win , do not confuse this.

Absolutely spot-on about the detailed analysis and calculated strategies in day trading compared to the raw luck in gambling. But here's a curveball: despite all the analysis and tactics, the world of day trading often feels akin to a coin toss, don't you think? It's like entering a labyrinth, with every twist and turn dictated by the capricious whispers of the market.

But you really hit the bullseye, it's indeed more than charts and patterns, it's about intuiting the market’s unpredictable pulse, which no tutorial can imbue. Yet, even with this, why can the majority of hedge funds not outperform the index? Perhaps because the market, like a moody dance partner, chooses its own rhythm, leaving even the most skilled dancers a step behind. Despite the risks and the unpredictable twists, the journey of trading is not just about the wins or losses, it’s about growing, learning, and swaying along with the market's unique beat, hoping it chooses to dance with us. A gamble? Maybe. A growth? Definitely.

Yes, I have clearly seen that many people allow themselves to be guided and read by patterns, it is something that cannot be avoided, in fact I have studied a lot in the past about the theory that I believe that if they work well and are fulfilled, it is with the theory Wyckoff where initially things usually go well, I have seen so many pattern charts that the current Bitcoin situation at the moment could have up to 10 situations that can occur, which turns out to be very complicated, but of course there are things that have to be known. do and take into consideration, for this world the world sees things in all ways, bitcoin is more accepted, online casinos now require KYC because governments somehow want to control the eproans that have cyrpto even for fun, So things when talking about bticoniy crypto have taken on more importance, for me it is one of the things that can be taken into account to be able to take it to another level, of course this is what many are referring to.

The biggest bet for me will always be based on Knowledge, that's why when they talk to me about games of chance, it is difficult to make an intelligent bet and make it happen, because of the random fact that is always there, but when we give you an account that something that can happen, for example sports betting and Tradition , for me the similarity they have is that the one who has the most wisdom and the one who makes the most money, there is no other way, this is always fulfilled and must be fulfilled, to my is the correct thing and what Can happen at Any time, that's why When you buy games of chance with gtrading, in any of its ways, you have to know a clear Difference, when it comes to slot machine games, roulette, dice , this has an uncontrollable ingredient, which is chance, perhaps in bitcoin trading the uncontrollable Ingredient , but those who know how to read it can win with that, which is volatility.

[Hamphser]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

You can't really blame trading for the mistakes you've made yourself, it's you who wasn't knowledgeable or experienced about the market and couldn't handle the trades very well which is probably why you had to face losses, and I'm pretty sure that you gave up after a single loss which is why you say that gambling and trading are similar which is not true. Even if you are making short-term trades, you can still manage to gain significant profits over time.

Gambling is totally dependent on your luck while trading requires knowledge and experience, and it isn't necessary for someone to have all their trades ending with profit, you will face losses as well but it is not like gambling where your losses will surely be more than your wins in the long run.

Even on just trying out to mind and compare on both things about whats gambling and whats trading, then you could really see the significant difference among the two on which we can say that trading could really

be only called as gambling on the time that you dont really make out any analysis towards your trading dealing because we know on how crucial is on making out those analysis before you would make out those positioning which it is really that totally different when you do gamble literally with those games which it doesnt really require out such thing unless if you are dealing with strategic type of gambling then
it is really that significant that analysis and experience does really have an advantage.

Both things have risks but in speaking about longer aspect or something that could bring out fortune if done well and smartly, then trading is really that something
worth that you should really make yourself that dealing with but in speaking of leisure then we know on where we do make ourselves
that touch up.

[BitDane]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

You can't really blame trading for the mistakes you've made yourself, it's you who wasn't knowledgeable or experienced about the market and couldn't handle the trades very well which is probably why you had to face losses, and I'm pretty sure that you gave up after a single loss which is why you say that gambling and trading are similar which is not true. Even if you are making short-term trades, you can still manage to gain significant profits over time.

I second your belief that trading and gambling are not the same.  When a person do trade without knowledge on what he is trading, it is considered to be an act of gambling because he tends to gamble his money and relies only on luck without using the mitigating factor that is available in trading.  But this action does not conclude that trading and gambling is the same because in their true essence, trading have many factors that can mitigate or remove the risk factor of the activities while gambling has no means to lower down the risk.

Gambling is totally dependent on your luck while trading requires knowledge and experience, and it isn't necessary for someone to have all their trades ending with profit, you will face losses as well but it is not like gambling where your losses will surely be more than your wins in the long run.

There are gambling that also relies on skill but the risk factor is still greater than trading because the uncontrolled variable is added to this gambling games in order to nullify the skills a person who is betting has.  Life for example in a boxing match, sportsbooks add certain options like being KO'ed in a certain rounds or winning through decisions that make the risk of losing way higher.

[Sandra_hakeem]

I'll say, gambling is all about your self-built potentials... And I think it's more about luck cus why not?? What's the probability of the other person on the coinbar not winning at the end of the day??.. almost nothing.
I think trading is way-more different; from the steps to analyze daily entries, to the entry itself... I can't assure anyone about boom and crash market volatility and speculations.. I feel it's predominantly manipulated, but as for crypto Trading? It's the safest I know so far. So I'd still say gambling isn't to be compared to trading..

Sandra 🧑‍🦰

[paxmao]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

Gambling to tradititonal casino games or in general games of chances is not like playing stocks and shares, however, you can actually make them the same thing if you simply ignore any basic trading rule or you are not into the deal of trading. In any case, for most people this is true, as trading requires an understanding that starts with believing that it is actually not a game of chance.

[Wiwo]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both fields are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

The tin line between gambling and trading is that,  in gambling, you tend to depend heavily on your lick to win the games in most cases,  but that is not so in trading most especially in crypto trading where you have to analyze the market and make use of a lot of trading tools to determine what the best position open your trade and the right leverage to use in doing so,  this key difference has set the boundary between trading and gambling.

And even though we have a few gambling games like poker that requires some level of skills,  it still boils down to one single fact that gambling outcome still rely heavily on luck and trading rather than trying lore on the skills of the trader. M

[lienfaye]

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

What makes you think that way? If you're going to day trade without knowledge about it and just going with the flow, picking random coin and then waiting for a miracle, that's gambling.

But if you have knowledge and aware of what you're doing, has a skill and strategy to execute for a better result, it's different to coin flip. Coin flip is gambling, not complicated and no special skills needed. Just shows gambling and trading are different. Though they have similarities depending on the trader's style on how he/she trade.

[ultrloa]

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

What makes you think that way? If you're going to day trade without knowledge about it and just going with the flow, picking random coin and then waiting for a miracle, that's gambling.

But if you have knowledge and aware of what you're doing, has a skill and strategy to execute for a better result, it's different to coin flip. Coin flip is gambling, not complicated and no special skills needed. Just shows gambling and trading are different. Though they have similarities depending on the trader's style on how he/she trade.

Exactly that's why they think its a gambling since they just pick those coins without doing any research. But if they just simply do some little analysis on picking the best coin I guess for that they can't call it the same thing. But its still up for him what he calls it since no one can provably change his mind if he believe that trading and gambling is just the same. What important matter here is he or we enjoy what we do and we have goals to reach using the strategy we use while executing any of those options.

But if they are experienced on both categories for sure he might will not create this kind of thread and compare it.

[ethereumhunter]

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

What makes you think that way? If you're going to day trade without knowledge about it and just going with the flow, picking random coin and then waiting for a miracle, that's gambling.

But if you have knowledge and aware of what you're doing, has a skill and strategy to execute for a better result, it's different to coin flip. Coin flip is gambling, not complicated and no special skills needed. Just shows gambling and trading are different. Though they have similarities depending on the trader's style on how he/she trade.

That's true because what differentiates trading from gambling or coin flips is knowledge, skills, and strategies that can help someone get good results in trading. If someone can't choose the coin and just randomly waits for a miracle, that's gambling, as you said. But often, someone who trades using such methods can make a profit because they have good luck in trading. But they don't apply it to gambling because they might experience losses more often. However, these methods cannot or are difficult to apply to daily trading because the movement of the coins also varies and requires skill to find the right coin.

[Outhue]

You could be a good trader but how sophisticated your trading tools are is what will push you into a higher level of trading guru, it's mostly about the tools you use, every other things can be learned by everyone, if I were you I won't underestimate the trading tools.

You want to be a successful trader? You must be prepared to spend money on trading tools, this is why makes trading more reliable than gambling, all you have to depend on is the tools, and respect for the charts.

With gambling, you are too vulnerable to loses because it's you and the house, there is no tools or strategy that can make you a better gambler, all you have to rely on is your luck, and since this is the way with gambling, I've decided to always be a responsible gambler, and use what I am ready to lose in gambling. It makes sense to use all your might, money and  skills where its required, and that's in trading, not gambling.

[Hamphser]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

You can't really blame trading for the mistakes you've made yourself, it's you who wasn't knowledgeable or experienced about the market and couldn't handle the trades very well which is probably why you had to face losses, and I'm pretty sure that you gave up after a single loss which is why you say that gambling and trading are similar which is not true. Even if you are making short-term trades, you can still manage to gain significant profits over time.

I second your belief that trading and gambling are not the same.  When a person do trade without knowledge on what he is trading, it is considered to be an act of gambling because he tends to gamble his money and relies only on luck without using the mitigating factor that is available in trading.  But this action does not conclude that trading and gambling is the same because in their true essence, trading have many factors that can mitigate or remove the risk factor of the activities while gambling has no means to lower down the risk.

Gambling is totally dependent on your luck while trading requires knowledge and experience, and it isn't necessary for someone to have all their trades ending with profit, you will face losses as well but it is not like gambling where your losses will surely be more than your wins in the long run.

There are gambling that also relies on skill but the risk factor is still greater than trading because the uncontrolled variable is added to this gambling games in order to nullify the skills a person who is betting has.  Life for example in a boxing match, sportsbooks add certain options like being KO'ed in a certain rounds or winning through decisions that make the risk of losing way higher.

On simply just making use of your own common sense then you can directly spot out on what are the main differences on which gambling and trading could have. Yes, both have some risks but the level of risks

would really be totally different and this is something that determines whether it would really be that something worth for you to deal with or it depends on what are the intents you do have in mind
whether you are thinking up for some investment type of mindset or would really be go for leisure. We arent that too dumb not to determine on which things do really fit out on that criteria
or wont really be able to point out fingers on which thing that suits out with your interest or intent. Both things could really give out that kind of opportunity for you to make
money but of course it would really be talking about different field since gambling and trading is really just that not the same and something that needs up that separate intent
basing up on what you do have in mind.

[BenCodie]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

You can't really blame trading for the mistakes you've made yourself, it's you who wasn't knowledgeable or experienced about the market and couldn't handle the trades very well which is probably why you had to face losses, and I'm pretty sure that you gave up after a single loss which is why you say that gambling and trading are similar which is not true. Even if you are making short-term trades, you can still manage to gain significant profits over time.

I second your belief that trading and gambling are not the same.  When a person do trade without knowledge on what he is trading, it is considered to be an act of gambling because he tends to gamble his money and relies only on luck without using the mitigating factor that is available in trading.  But this action does not conclude that trading and gambling is the same because in their true essence, trading have many factors that can mitigate or remove the risk factor of the activities while gambling has no means to lower down the risk.

Gambling is totally dependent on your luck while trading requires knowledge and experience, and it isn't necessary for someone to have all their trades ending with profit, you will face losses as well but it is not like gambling where your losses will surely be more than your wins in the long run.

There are gambling that also relies on skill but the risk factor is still greater than trading because the uncontrolled variable is added to this gambling games in order to nullify the skills a person who is betting has.  Life for example in a boxing match, sportsbooks add certain options like being KO'ed in a certain rounds or winning through decisions that make the risk of losing way higher.

On simply just making use of your own common sense then you can directly spot out on what are the main differences on which gambling and trading could have. Yes, both have some risks but the level of risks

would really be totally different and this is something that determines whether it would really be that something worth for you to deal with or it depends on what are the intents you do have in mind
whether you are thinking up for some investment type of mindset or would really be go for leisure. We arent that too dumb not to determine on which things do really fit out on that criteria
or wont really be able to point out fingers on which thing that suits out with your interest or intent. Both things could really give out that kind of opportunity for you to make
money but of course it would really be talking about different field since gambling and trading is really just that not the same and something that needs up that separate intent
basing up on what you do have in mind.

You've made quite a good post here it's just terribly structured. Sentences are continuing 2 line breaks away at some points!

You are completely right though; Intent, Leisure/investment, and and I think, expectations as well, all determine if we are aiming to gamble or trade (in a market or on a casino platform). An investing mindset is not going into a casino. A leisure mindset probably will (or an exchange with extremely high margin, lol).

[DaNNy001]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

Well life itself is actually base on risk because nothing is actually safe and although trading is more base on who is skilled and if one knows that he isn't then actually going to trade it's actually a stupid risk because you will get drained because trading is actually a crazy gambling that is hidden in the name of statistics and candle stick reading. With all the little experience I have had in trading I won't ever have the thought of risking any coins knowing fully well the odds are against you.

[ArnavPace]

Regarding the age-old dilemma of flipping or trading, it's like choosing between two exciting games! I think both have their charms, but it depends on your risk tolerance and strategy.
Flipping can be quick and thrilling, like a round at an Online Casino Malaysia! It's all about making smart bets and hoping for that lucky break. But, remember, it can be volatile, so only invest what you can afford to lose.
On the other hand, trading feels more like a long-term investment plan, akin to a well-thought-out strategy in a game of chess. It's about studying the trends and making calculated moves.

[iv4n]

Regarding the age-old dilemma of flipping or trading, it's like choosing between two exciting games! I think both have their charms, but it depends on your risk tolerance and strategy.

This is well said, it's like choosing between two exciting games, and I can't agree more with that. Fliping coins or choosing any other lucky-based game can be compared with short-term trading, and what's better or more rewarding depends on our taste and preferences along with the strategies we apply. I guess both can be risky if we aim big, but there is excitement even if we chase some small profits over a longer period.

My choice is coin flip and similar gambling games... day trading is definitely not for me.

[BenCodie]

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

Well life itself is actually base on risk because nothing is actually safe and although trading is more base on who is skilled and if one knows that he isn't then actually going to trade it's actually a stupid risk because you will get drained because trading is actually a crazy gambling that is hidden in the name of statistics and candle stick reading. With all the little experience I have had in trading I won't ever have the thought of risking any coins knowing fully well the odds are against you.

If you are entering the market with no knowledge, no idea what a chart represents, no fundamental knowledge, and just picking things because you like the sound of something or have heard about it, then yes, that is crazy gambling. Some lucky schmucks do win this way....a lot more do not....that is the same as gambling. Lots lose, few win. Someone with knowledge and risk awareness, while applying basic trading principles and having generally decent knowledge, I'd put the odds on this set of people making more than that of gamblers on non-skill based gambling. Poker being a skill based PvP game is probably the exception, though just like trading, you need skills, principles and strategies to beat other players who also have that. Luck is a factor, but not the only factor.