Flip or Trade? What’s The Bigger Gamble?

[Hamphser]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

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

Day trading is really something like coin flip. Many traders use their own strategies, but it doesn't always work. Success in trading depends very often on luck. But when you trade, the more money you have, the more influence you can have on the market. But the coin flip is pure random.

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

Trading is for long term approach and something that do talks about investment or some profit source and on which gambling is really just that for entertainment purposes then it wont really be that
much of concern or trying out to make yourself that boggle up on the time that you would really be that minding about the risks involved. Both does have it but the level
of risks is really that different.

[virasog]

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

Most people still do trading like gambling. This will place a future trade taking high leverage and do very little technical analysis. They will either take a trade based on their own will or copy paste any signals from the signal's groups (there are too many of them these days, each claiming to be 100% accurate).

Those who still do some technical analysis, do it in the wrong way. Yes, I say this because using the traditional technical analysis tools won't help much as this market too much manipulated and all these technical analysis indicators are lagging.

Only a few people are real traders (and not gamblers) who have mastered price action trading. I would say that unless someone is doing the right trading with money management, he can be termed as a proper trader, the rest all of them are trading on a hit and try basis and that is similar to gambling.

[UmerIdrees]

Trading is for long term approach and something that do talks about investment or some profit source and on which gambling is really just that for entertainment purposes then it wont really be that
much of concern or trying out to make yourself that boggle up on the time that you would really be that minding about the risks involved. Both does have it but the level
of risks is really that different.

Long term trading means that you invest (buy) in bitcoins and altcoins in the spot and hold them for the long term so that when their value increases you may sell them for profit. This is the best and safest approach in trading. Those who follow this type of investment in cryptocurrencies may seldom lose and usually make money. Also, this type of investment is risk free and it is totally opposite to gambling.

Gambling is full of risk and this can be understood by the flip of the coin. For example, you can bet on the outcome of the coin if the coin is flipped head or tail. You just win or lose instantly without anything under your control. This is called gambling and it is the more riskier than trading but still it can also give you quicker profits than trading too. (The risk of losing is also more here).

[lionheart78]

Trading is for long term approach and something that do talks about investment or some profit source and on which gambling is really just that for entertainment purposes then it wont really be that
much of concern or trying out to make yourself that boggle up on the time that you would really be that minding about the risks involved. Both does have it but the level
of risks is really that different.

Long term trading means that you invest (buy) in bitcoins and altcoins in the spot and hold them for the long term so that when their value increases you may sell them for profit. This is the best and safest approach in trading. Those who follow this type of investment in cryptocurrencies may seldom lose and usually make money. Also, this type of investment is risk free and it is totally opposite to gambling.

Or it can be buying and selling activities or a long time.  Long-term holding is what we call buying and holding it for a long time and is very different from trading activities that occur at a regular pace like day trading.  It is the best and safest approach to investment in the Bitcoin market.

Gambling is full of risk and this can be understood by the flip of the coin. For example, you can bet on the outcome of the coin if the coin is flipped head or tail. You just win or lose instantly without anything under your control. This is called gambling and it is the more riskier than trading but still it can also give you quicker profits than trading too. (The risk of losing is also more here).

Well, gambling can't be called gambling if it lacks risk.  Since risk in gambling cannot be mitigated like the risk involved in trading, among these two, regardless of the money involved, Flip will always be the bigger gamble (in reference to risk involved).

[SamReomo]

Well, gambling can't be called gambling if it lacks risk.  Since risk in gambling cannot be mitigated like the risk involved in trading, among these two, regardless of the money involved, Flip will always be the bigger gamble (in reference to risk involved).

It's the matter of luck I guess, the gamblers who are lucky will always win in the game of flip and the risk will be a reward for those gamblers while the ones who aren't lucky will always lose in that game. I think if someone constantly losses in that game of flip then he/she should stop playing that game any further because we can determine our luck ourselves with our wins and losses and if in a game we lose most of the time then it means we aren't lucky in that game and it's better to stop betting on that game. Risk is always needed in gambling but when we are sure of the outcomes then it's better to avoid taking any risks I guess.

[carlfebz2]

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

Most people still do trading like gambling. This will place a future trade taking high leverage and do very little technical analysis. They will either take a trade based on their own will or copy paste any signals from the signal's groups (there are too many of them these days, each claiming to be 100% accurate).

Those who still do some technical analysis, do it in the wrong way. Yes, I say this because using the traditional technical analysis tools won't help much as this market too much manipulated and all these technical analysis indicators are lagging.

Only a few people are real traders (and not gamblers) who have mastered price action trading. I would say that unless someone is doing the right trading with money management, he can be termed as a proper trader, the rest all of them are trading on a hit and try basis and that is similar to gambling.

Doing trading without any involvement like having those kind of analysis on making use of indicators or fundamentals then it is really that simply pertaining about being a gambling thing even if you do literally making out some trading and some is really doing it and this is where futures trading do kicks in. Not all people would really be that loving on touching futures but due to the fact that it does have that chance on
making yourself that be able to make some significant profits then this is where they would really be having those considerations on touching up this area.

Trading could really be turning out to be a gambling if you havent applied any analysis to it and its not something that kind of approach that it needs. Speaking on gambling literally then we do know their main differences.It is really just that it would really be always falls down into someones preference on what are the things that they would be doing. There are people who do love to enjoy despite on spending money then
gambling would be the best choice but if you are really ghat going on something that could be considered to be good for long term or acquiring or making such skill then trading would be
the best choice.

[khaled0111]

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

The only reason why some user belueve that trading is not different from gambling is because they don't know anything about trading. They will just invest their money on a project or a coin and hope its price will increase. This is not what trading is about or what experienced traders do. Trading requires a lot of skills and experience and even experienced traders make wrong choices so we can't deny that luch is still a determining factor.

[AmoreJaz]

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

The only reason why some user belueve that trading is not different from gambling is because they don't know anything about trading. They will just invest their money on a project or a coin and hope its price will increase. This is not what trading is about or what experienced traders do. Trading requires a lot of skills and experience and even experienced traders make wrong choices so we can't deny that luch is still a determining factor.

that is true, if you know your ways in trading, you can gain profit and that is because it is not about luck. so for me, you're not gambling in trading when you have more knowledge to get into this battle. some have the notion that trading is like gambling, because some who are into buying hyped up coins, they thought they can go big and gamble their money for this very aim.

[adzino]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

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

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

[wxa7115]

that is true, if you know your ways in trading, you can gain profit and that is because it is not about luck. so for me, you're not gambling in trading when you have more knowledge to get into this battle. some have the notion that trading is like gambling, because some who are into buying hyped up coins, they thought they can go big and gamble their money for this very aim.

Gamblers and traders use similar terminology as they have borrowed from each other different concepts over the past decades, and this may create some confusion among some people about both being the same.

However the goals of both could not be more different, gambling is about having a good time, while trading is completely about making money regardless of how you may be feeling at the time, and yet we often hear of gamblers trying to make money and traders feeling bored when trading the markets, which is nonsense as this has nothing to do with the goals of either of those activities.

[fingnome]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

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

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

[Wind_FURY]

Day traders often perceive everyone as adversaries, when in reality, there are still individuals engaging in trading not solely for profit-seeking purposes.

What would be their purpose for trading? I have never met a single individual who day-trades for entertainment. There's always a strategy being utilized to get an edge against others, and the profit is merely the validation that their strategy might be working.

It true if it not to make profit then for what purpose does someone carry out trading which clearly requires more and more capital if you want to get more profits and all of that is full of risks, the same as gambling but in gambling it could be said more to have fun and people like this profit is just luck without much hope.

So far all traders have always aimed to earn additional income not for fun or anything like that.

Exchanges should probably design their UI like a casino game with bells, whistles and a dealer for that casino user experience, THEN maybe plebs like us will trade for entertainment. They could also market such an exchange to the slot players. Hahaha.

Day trading can be exhausting, as it necessitates constant updates on the ever-evolving market conditions, with even minor changes potentially presenting significant opportunities. Missing out on the right moment could result in losses.

I believe you have all day to monitor the market, which gradually enhances your trading skills. However, for me, long-term trading provides a sense of tranquility, sparing me from daily anxieties. You can also transition into long-term trading if you find day trading too demanding.

Most of the top 10% winning traders might be using bots and other statistical apps/automated software to spare them from the daily anxiety of trading, and save their sanity. Hahaha.

That because they have lot of money to buy or use tools such as bots in trading and this is normal thing for high class traders.

Moreover in trading the use of bots is still permitted because it is only to be able to determine the selling price and buying price so that traders can be quicker in placing profits and can minimize losses when assets experience decline in price.

It's permitted because the exchanges get more fees from day-traders who use for their bots/utilizing high-frequency trading strategies. Plebs are trading against trading algorithms now, it will obviously make it very hard for any pleb to make long term profit.

Luck plays a role as well, but the odds of winning are (feels) greater.

The odds of winning by a person not included in the top 10% of winning traders might truly be lower than what he/she believes.

Any trader can get win or profit when they have succeeded in getting the right asset and can determine good momentum for the purchase price even though they only use relatively small capital, but remember that in trading you need large capital if you want to get bigger profits too.

A pleb with consistent, long term profit from day-trading? I believe not. It's better to have a low time preference strategy WITH the right asset like Bitcoin.

[michellee]

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

Maybe they want to improve their abilities, skills and understanding of conditions and situations in the market so that they continue to try or struggle. It is not gambling because they try to study every condition that occurs in the market. Even though they made a loss, they learned a valuable lesson from their last trade. They can also learn from their mistakes, which will be useful in the next trade.

But if it is luck-based gambling, you don't need to learn anything because everything will depend on your luck. You just have to place a bet, play gambling, and submit the results at the end of the game. And if you are lucky, you will win and vice versa.

So daily trading is different from gambling because there is skill and ability in analyzing trading. But if it is sports betting, they also need analysis to choose the right team.

[Wind_FURY]

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

Maybe they want to improve their abilities, skills and understanding of conditions and situations in the market so that they continue to try or struggle. It is not gambling because they try to study every condition that occurs in the market. Even though they made a loss, they learned a valuable lesson from their last trade. They can also learn from their mistakes, which will be useful in the next trade.

But if it is luck-based gambling, you don't need to learn anything because everything will depend on your luck. You just have to place a bet, play gambling, and submit the results at the end of the game. And if you are lucky, you will win and vice versa.

So daily trading is different from gambling because there is skill and ability in analyzing trading. But if it is sports betting, they also need analysis to choose the right team.

Or maybe, they're merely addicted, which makes them try more even if they know they don't have/will never have an advantage against the 10% of traders, which also makes it like they're playing in a casino with house edge. That, therefore, makes them more like gamblers than traders.

There are research-papers and studies about gamblers, and the psychology of gambling,

Dr Luke Clark, in the Department of Experimental Psychology, is interested in the different ways in which gamblers over-estimate their chances of winning, including the effects of near-misses and personal choice. These features of gambling games promote an ‘illusion of control’: the belief that the gambler can exert skill over an outcome that is actually defined by chance.

https://www.cam.ac.uk/research/news/the-psychology-of-gambling

If they truly wanted to save and slowly make that grow, then they wouldn't risk and gamble their savings by "day-trading" shitcoins.

[Franctoshi]

Being a day trader does not title or make you a gambler, rather your activity in that market will decide where you belong or where to classify you. Therefore day trading can be seen as gambling depending on your approach to the market, Basically, if you trade without a trading plan, such as jumping into trades to catch up movement with no entry and exiting terms, for sure I will definitely tag that as gambling the market and not trading. Generally, trading without rules puts you in the position of a gambler other than a trader because trading involves a set of rules you follow.

[Peanutswar]

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

Well depends on people doing scalping every day just to make a profit with the market if you have a  lot of time to do this thing every day and we know trading based on knowledge and skills not on luck unlike gambling so there's a less risk with the act you will engage.

~~~
When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

In gambling you'll become dependent with the casino with your winnings just let you sit and relax and wait for the outcome of the game, in trading you must need to monitor the activity of the market any changes may affect your TA and profit or loss. In trading quick flip equals to profit in gambling quick flip there's no assurance of winning.

[Gozie51]

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

The only reason why some user belueve that trading is not different from gambling is because they don't know anything about trading. They will just invest their money on a project or a coin and hope its price will increase. This is not what trading is about or what experienced traders do. Trading requires a lot of skills and experience and even experienced traders make wrong choices so we can't deny that luch is still a determining factor.

Trading is not for everyone and no need forcing oneself on it if you don't know how to get on it, it is better to let go. The losses in it is the reason that people still refer it to gambling because they also jump in like that without good knowledge. It is better to face the gambling than trading because you can never know what is wrong with losing in trade but in sports betting you surely know when a team you bet lose or win, even if you didn't watch the match live, you have different outlets to know the outcome.

[Ojima-ojo]

To some extent,  gambling is ascribed to trading since both seems to have same outcome which are mostly field with uncertainty of event turn out, and also how best to handle the loses possibilities in both, so same way experience for both gambling and trading.


Even though in a few instances, some few traders seems to have developed a technique that aid them profits unlike like in gambling where the house edge is placed above all gamblers techniques.

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

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

When it comes to trading, the possibility of making profits from trading a single coin is much more higher than trading multiple coins at the same time, although it may look odds at some point, but then if and when you look into them closely, you will be able to notice that in trading, 1 single coin can indeed give you much more profits up to 50/50 chance as ops mentioned.

[Lida93]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

[Hamphser]

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

The only reason why some user belueve that trading is not different from gambling is because they don't know anything about trading. They will just invest their money on a project or a coin and hope its price will increase. This is not what trading is about or what experienced traders do. Trading requires a lot of skills and experience and even experienced traders make wrong choices so we can't deny that luch is still a determining factor.

Trading is not for everyone and no need forcing oneself on it if you don't know how to get on it, it is better to let go. The losses in it is the reason that people still refer it to gambling because they also jump in like that without good knowledge. It is better to face the gambling than trading because you can never know what is wrong with losing in trade but in sports betting you surely know when a team you bet lose or win, even if you didn't watch the match live, you have different outlets to know the outcome.

So it always falls down into the sense that it would really be just depending on someones preference if we do speak about choices whether they would be doing trading or would really be doing gambling which basing up on the example that you have given then it is really that doing sports betting is much more better than with trading on which we could still apply strategies and analysis on which it is really just that the same when we do make trades and with gambling or betting then you do also make out some entertainment or enjoyment in correlation to it on which means that this is much more interesting than on seeing those candle stick and making out some patterns on the chart. So therefore,it would really be just depending on your interest since not all would really be that willing to do something on which it is really that something
out of their preference.

Come to think that both things does have that risks on losing money but we cant really compare out those pure luck based games into trading not unless if you do make trades
without having any application with some analysis or making some charting on which it can be considered to be just the same.