Flip or Trade? What’s The Bigger Gamble?

[GiftedMAN]

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

Day trading is also a type of trading like the swing trading also, the difference being that the traders only close their trades on a daily basis, although there are chances that a particular trader can span into the next day but its still considered day trading.

Most traders don't enjoy allowing their trades to run for multiple days or even weeks, in some, it keeps them psychologically unbalanced and to others, its their best strategy to profit making.

For us to be a day traders or swing traders, it all depends on our capital and how much we are able to risk as a trader. People that go on a long trades are the position and swing traders. They can be in the market for a very long time lasting not less than two months.

 This kind of trading requires a lot of money to stay in the market for a very long time. No matter the kind of trader that we are, it is very important for us to know when to leave and stay in the market. This is one of the mistakes many traders make and make them keep accumulating loses which is not supposed to be so. We need to understand the kind of trader that we are to keep the profits flowing.

[Dunamisx]

If we are trading, aren't we loosing for no reason, if we are gambling as well, are there no uncertainties that we also finds ourselves loosing or winning even when we least expect any, the thing to consider here is in knowing what one is good at first, then apply the desiring method of doing it at the best, trading is quite different from gambling, when we gamble, be it flip or any other kind then we make the difference between gambling and trade well known and both have their own chances, left to us to take up the challenge in what we want.

[Fortify]

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

I heard from some very clever and in-the-know high level ex-wall street traders that day trading is simply dead. It's not what the experts are trying to do any more, there are simple too many powerful and superfast machines trading out there, that the only people making money this way are people committing insider trading. What the experts are doing is looking for ideas and trades with a minimum 3 month horizon, trying to predict outcomes that are harder to calculate but based on good ideas. Their track record is impressive and definitely much higher chances than a 50/50 coin flip. If you're talking about day trading, on that basis a flip is probably going to bring you better fortune.

[khaled0111]

Day trading is also a type of trading like the swing trading also, the difference being that the traders only close their trades on a daily basis, although there are chances that a particular trader can span into the next day but its still considered day trading.
..

Who said otherwise! OP is more about comparing day trading to gambling not comparing day trading to trading!
There are few similarities between day trading and gambling tbh although I don't want to admit this. Day gambling is too risky and it's most of the times it's based on luck. The reason why I said this is because there is no way to predict the price of a coin in the next moment no matter how experienced you are in technical analysis or whatever trading technic you use.

[Mate2237]

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

Your write looks like a poem with free verse. Are you a poet or a literary scholar? coin flip is already or automatically a game and day trading is not game, but it is for investment. Okay let me clarify the question, day trading is not gambling but they are all having prediction.  Trading has prediction and calculate how to win your opponent. Trading needs a lot of tools to work on and gambling predicts who will win the next round though and also their calculative move too. Personally, I don't know which is riskier.

gambling is not a an investment and trading is for investment but

[btc_angela]

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

I heard from some very clever and in-the-know high level ex-wall street traders that day trading is simply dead. It's not what the experts are trying to do any more, there are simple too many powerful and superfast machines trading out there, that the only people making money this way are people committing insider trading. What the experts are doing is looking for ideas and trades with a minimum 3 month horizon, trying to predict outcomes that are harder to calculate but based on good ideas. Their track record is impressive and definitely much higher chances than a 50/50 coin flip. If you're talking about day trading, on that basis a flip is probably going to bring you better fortune.

Ah, maybe you are talking about bots? Not sure though if trading is dead, but for sure crypto is very much alive if you look at some exchanges and there are numbers still up to the millions or even higher every day as they trade. And with the help of bots, there could be hundreds every day trying to scalp and make easy money as compare to like we say gambling or the very basic coin flip.

Of course, not everyone is going to win in this game, but if you have at least some basic knowledge and with the help of bots, who knows, maybe there will be days that you are going to win big and then some bad days. Unlike in gambling wherein the changes for you to win every day is very slim.

[Fivestar4everMVP]

If we are trading, aren't we loosing for no reason, if we are gambling as well, are there no uncertainties that we also finds ourselves loosing or winning even when we least expect any, the thing to consider here is in knowing what one is good at first, then apply the desiring method of doing it at the best, trading is quite different from gambling, when we gamble, be it flip or any other kind then we make the difference between gambling and trade well known and both have their own chances, left to us to take up the challenge in what we want.

You definitely have made some really good point, but let me also try to make you understand why I think gambling is not far from trading in actual sense, most especially, if the trading we are talking about is futures trading.

For me who have traded in both the spot market, futures market, and as well as have gambled and still gambling, I did agree that gambling is very far different from trading when what we are talking about is spot trading.

But if we are talking about futures trading, it's very similar to gambling in my honest opinion, since it has to with predicting the direction a coin will go, it's similar to predicting the outcome of a sports match through betting.

Blind trading the futures market is exactly gambling, since you don't know what you are doing but solely depending on luck to win the trade.

[Woodie]

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

Am not the person that enjoys games which are 50/50!
What happens when you are on a losing streak, as a losing streak is very much possible in a fair 50/50 game ..for example a game of Roulette betting on the Red or Black or the flip game as you have said can also expose you to a string of loses and swipe your bank roll clean!!

For me I would rather take my chances with charts as I can make my own luck here!!

Otherwise trurth of the matter here both have some risk and its about playing what you can afford to lose

[Gozie51]

gambling is not a an investment and trading is for investment but

Really.... Well I know gambling is not an investment and in my view also trading is not. What I am sure as investment is hodling of a coin preferably bitcoin. So for trading, it is also risky and you can lose all of your money at once but investment like hodling in bitcoin can only depreciate but will regain its value more than what it was in the previous ATH. Yes it is debatable if trading is investment and I'm not convinced otherwise.

[Oilacris]

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

Am not the person that enjoys games which are 50/50!
What happens when you are on a losing streak, as a losing streak is very much possible in a fair 50/50 game ..for example a game of Roulette betting on the Red or Black or the flip game as you have said can also expose you to a string of loses and swipe your bank roll clean!!

For me I would rather take my chances with charts as I can make my own luck here!!

Otherwise trurth of the matter here both have some risk and its about playing what you can afford to lose

Actually we would really be normally be that choosing on things which we know that we do really have that advantage with on which it would really be that sticking into something like trading
since we know that we could really make things thing as a our main source of income on which i could say that it would really be that normal that people would really be having that kind of approach on things on which it would really be just that right that you should really be making up that kind of intent or really that treatment on what are the things that you have in mind.
Bigger gamble then it would be always talking or pertaining about gambling on which there's no doubt to that and this is why it wouldnt really be that so shocking
that tons of people would really be ending up on a disaster if they are really that not mindful about on the things that they are dealing off with.

[btc78]

eventho day trading is known to be extremely risky this isn’t a fair comparison at all

gambling is played on chance purely based on luck to say that gambling is like trading might be disrespectful to those who dedicate their time learning about the market traders need to have both the knowledge and the skill which are things you necessarily don’t need in gambling anyway the point is day trading might be intimidating but it’s not a game of luck and you can gain wins by being a good strategist

[Webetcoins]

If we are trading, aren't we loosing for no reason, if we are gambling as well, are there no uncertainties that we also finds ourselves loosing or winning even when we least expect any, the thing to consider here is in knowing what one is good at first, then apply the desiring method of doing it at the best, trading is quite different from gambling, when we gamble, be it flip or any other kind then we make the difference between gambling and trade well known and both have their own chances, left to us to take up the challenge in what we want.

Why would you lose in trading if you gather enough knowledge and experience before you venture into it? Trading is not like gambling where you only need luck to win or get money, but you need knowledge and experience about the market and the assets you will be trading to make money, and it's nothing impossible as anyone with the right mindset can manage to learn everything they need to start trading and be a successful trader if they keep improving.

In trading, when you lose, you have the opportunity to evaluate the whole process and find out your mistake which you can work on so that you don't make the same mistake again, but in gambling, if you lose a bet, there is nothing you can do except for accepting the loss or trying to recover it and lose even more.

[Eternad]

eventho day trading is known to be extremely risky this isn’t a fair comparison at all

gambling is played on chance purely based on luck to say that gambling is like trading might be disrespectful to those who dedicate their time learning about the market traders need to have both the knowledge and the skill which are things you necessarily don’t need in gambling anyway the point is day trading might be intimidating but it’s not a game of luck and you can gain wins by being a good strategist

Not totally true if the one he is comparing are those traders using high leverage such as x100 since no professional trader will use that tool because that is a suicide in crypto trading due to its volatile.

There’s a credit on his comparison when he is talking about high leverage trading since there’s no such indicator that help you to predict random price spike in Bitcoin that usually hit any liquidity no matter how big your position. It’s a literal money burning which I’m really sure an unethical to offer by exchange because that is already gambling not trading due to its low margin for liquidation price.

[wxa7115]

eventho day trading is known to be extremely risky this isn’t a fair comparison at all

gambling is played on chance purely based on luck to say that gambling is like trading might be disrespectful to those who dedicate their time learning about the market traders need to have both the knowledge and the skill which are things you necessarily don’t need in gambling anyway the point is day trading might be intimidating but it’s not a game of luck and you can gain wins by being a good strategist

Not totally true if the one he is comparing are those traders using high leverage such as x100 since no professional trader will use that tool because that is a suicide in crypto trading due to its volatile.

There’s a credit on his comparison when he is talking about high leverage trading since there’s no such indicator that help you to predict random price spike in Bitcoin that usually hit any liquidity no matter how big your position. It’s a literal money burning which I’m really sure an unethical to offer by exchange because that is already gambling not trading due to its low margin for liquidation price.

Such level of leverage is suicide even in a slow moving market as the losses traders will have to endure by using that level of leverage are incredible.

However while I think it is obvious exchanges give those options to their clients with the hidden intention they use it so they blow up their accounts, at the end the exchanges do not force anyone to use it, and because of this I still think of the traders as the ones that are 100% responsible for their actions, as thinking otherwise will simply allow those gamblers to try to shift the blame away and never improve as they will never hold themselves responsible for the financial decisions that are ruining them.

[maydna]

eventho day trading is known to be extremely risky this isn’t a fair comparison at all

gambling is played on chance purely based on luck to say that gambling is like trading might be disrespectful to those who dedicate their time learning about the market traders need to have both the knowledge and the skill which are things you necessarily don’t need in gambling anyway the point is day trading might be intimidating but it’s not a game of luck and you can gain wins by being a good strategist

If trading is done without analyzing the market, it is the same as gambling because we are just guessing where the market will move and what coins will increase. But if they can analyze to find coins that have a chance of increasing, they are not gambling because they are analyzing one by one the list of coins they have collected. And that is why traders must continue to hone their skills to analyze coins that have the potential to increase.

Even though sports betting requires analysis to find the right team, it is still gambling and different from trading.

[LUCKMCFLY]

eventho day trading is known to be extremely risky this isn’t a fair comparison at all

gambling is played on chance purely based on luck to say that gambling is like trading might be disrespectful to those who dedicate their time learning about the market traders need to have both the knowledge and the skill which are things you necessarily don’t need in gambling anyway the point is day trading might be intimidating but it’s not a game of luck and you can gain wins by being a good strategist

Not totally true if the one he is comparing are those traders using high leverage such as x100 since no professional trader will use that tool because that is a suicide in crypto trading due to its volatile.

There’s a credit on his comparison when he is talking about high leverage trading since there’s no such indicator that help you to predict random price spike in Bitcoin that usually hit any liquidity no matter how big your position. It’s a literal money burning which I’m really sure an unethical to offer by exchange because that is already gambling not trading due to its low margin for liquidation price.

Well, I'm not one of those who do trading in that way because intraday trading or any type of tarding that is done is difficult, a respective analysis is needed, so in this order of things, when we make other types of comparisons, it doesn't fit well to say about trading with the game, because both activities are very different, so this should not be confused, and to do everything better, it must be determined that when we are thinking about doing a better job, it usually happens that when we are doing any analysis in trading does work, sometimes luck is needed, other times volatility can make us win or lose, but a well-done analysis can guarantee that the player wins, it comes in a game, like tragmewaves, rulta, something like that, the fact Having a great analysis does not guarantee that you can win, because there may be the best of all analyses, even with patterns, but that will not guarantee that you can win.

For casinos this is something that is normal, an eprosn that has a good analysis, it is not something that guarantees that you can win, since things when it comes to casinos and winning, always the advantage of a casino is greater, so we as players will have to take advantage of those touches of luck, it is something that we must all suffer and believe, because this is that we have to play with confidence, it is recommended to always assume a balance willing to lose, because the balance or money that If you go into a casino, that can be lost, nothing is guaranteed, the fact that a person decides to put a lot of money in a casino does not mean that the casino has it or must guarantee that it has to be returned, much less in profits, because the Caisnos are companies, businesses that are there to entertain people and so that they can have a different time, with the caveat that they can make money or lose money.