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Author Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading!  (Read 726 times)
nara1892
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December 17, 2023, 03:07:20 PM
 #81

There's no doubt gambling is more entertaining. However, gambling is considered to be more risky than trading. Gambling was created as a way to provide entertainment for people who are looking for some enjoyment or an activity to relax. That's why a lot of people prefer to spend more time in gambling than trading. Trading can be more fun especially when you understand the market by knowing how to do Technical Analysis, and also if you are making profits out of your trading. Aside from that, in trading you should be serious in everything, in return, if you win, the happiness of predicting the market right is really fun.

I think whether gambling is entertaining or not really depends on how people treat and respond to gambling itself, if they come firmly just looking for fun and entertainment then obviously it will happen, but on the other hand there are also many who come with the aim like they trade that is looking for income, no other mistake in understanding what gambling is the main cause, they misunderstand just because there is a chance of winning there so it makes them act out of control just because to realize their hopes and expectations.

Back to the original topic, basically trading is not intended for anyone to seek entertainment because there is no aspect that can make you entertained except for some thrill from the profit you managed to get and make your planning go well. Trading in particular is a place to build a career of success with the success of the learning process and the experience you do and get that can certainly make you consistently profitable, but that is not in the concept of gambling, and that is why many say that gambling should be considered as a place of entertainment only and nothing more than that.

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December 17, 2023, 03:26:20 PM
 #82

I believe that you are having luck in horse racing now because you probably like and know this sport well,
~

So you're telling me I'm making money from gambling because I know what I'm doing opposite to trading where you need....knowledge to make money?
See the contradiction here?  Cheesy

In my opinion there is no worse than degenerates gamblers than traders who truly believe all it take is data, they are nothing other than lottery numbers analyst who think they see patterns everywhere, they deem a form of a horse as something lucky while at the same time they thing the price on the 10 and 20 of the month clearly indicates the way to Laputa  Wink
I've not yet seen a trader, a TA, a graph anything that would have predicted oil going to -30 a barrel!!!!
Why? Because past data can't predict future if something close to the  future has not yet been lived at least once in the past!

With crypto, the bias is even worse, everyone says you can make money out of trading, no way, for real? Trading an assets that has made 4000% in ten years is profitable? Who would have thought so! It was the same before 1929, everyone was making money, their knowledge was newspaper and radio shows and still even housewife were making tons , then reality hit, just how the bear market hit bitcoin and made thousands lose money after money after money!

Again, there is no difference between me saying that this hors ewill win since he is a course and distance winner in a higher grade than his adversaries and a trader saying that after 10 days from now on the price will go up 5% because the same happened 3 days ago!


The stress and anxiety that you will feel in either gambling or trading would probably depend on two things. The size of the bet and the length of time the bet hanging in the balance. How long is a basketball game? If you place a $10,000 bet on a basketball game and your team is behind by 20 points, you will definitely NOT be relaxed and entertained. It will be the same feeling if you made a $10,000 trade in a very volatile shitcoin that fell -50% in the same duration of time as a basketball game.

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December 17, 2023, 03:31:46 PM
 #83

Has something to do with visuals, basically. Is there something exciting with price charts in red or green? Also these two has different idea. Perhaps with statistics in both concepts. The pnly way trading will be associated in gambling is when you are having no plans for your trade; without any pattern to follow and without any strategy being used. With gambling, you may base on player's stats or team composition to help you create a decision. Gambling is more enjoyed as well simply because even without money involved, perhaps with sports, it is already entertaining. While with trading, most of the time, those who enjoy doing it are ones which are profitable or often having winning trades unlike with gambling wherein you would still be able to somehow enjoy despite of the outcome.

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December 17, 2023, 03:50:19 PM
 #84

So prove me wrong (if you think I am), what am I missing?
I don't think there is anything to prove you wrong and you are not missing anything, apart from what you said, gambling has been built for centuries to be a part entertainment and casinos have capitalized on that part of gambling to attract more people/gamblers, it's no wonder people find it more relaxing and entertaining than trading.

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December 17, 2023, 05:07:04 PM
 #85

~

The stress and anxiety that you will feel in either gambling or trading would probably depend on two things. The size of the bet and the length of time the bet hanging in the balance. How long is a basketball game? If you place a $10,000 bet on a basketball game and your team is behind by 20 points, you will definitely NOT be relaxed and entertained. It will be the same feeling if you made a $10,000 trade in a very volatile shitcoin that fell -50% in the same duration of time as a basketball game.

Counter!
When the game is over is over, you lost and you move on, nothing is changing this.
If you get your leverage trade closed because of a 50% dump the pain is not over yet, you might wake up tomorrow and see the coin up by 1000%, which might make you redecorate the walls with your head once more.

And no, before you even say it, if we bring just hodl in the discussion that's no longer trading, buying something at 50$ and waiting for years to reach 100$ is long term investing not trading.

----

And a small update on the OP:
Yesterday,  as I said, Hunters Yarn felt at the last hurdle while in the lead, jockey Townend, trainer W P Mullins, owner  Simon Munir & Isaac Souede, favorite at 1/3.

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December 17, 2023, 06:16:47 PM
 #86

While for trading everything you can learn and qualified knowledge and experience will be able to make it easier for you to be able to achieve a pretty good profit,

Again, why re not all traders billionaires by now and why there are hundreds of them still pinching pennies with raffles and signatures campaigns on tis forum when with knowledge you could achieve good profit? Oh, even better question, why are you not doing that yourself?  Wink

If trading can be done and done easily then it seems that I can answer your question and can easily confirm your words that they will be able to become billionaires just by being a trader, but on the other hand I think everyone already knows or has even experienced the difficulty of trading, although I previously said it can be easy but on condition that they have good insight, experience, skills, planning, management and control. I found a lot of pretty good advice on this forum regarding the world of trading but on the other hand I can't just conclude that they are one / some people who  have succeeded and become billionaires, of course it is good for me to say with a little conclusion that they are one of the people who are also in the process of trading along with giving some advice based on experience. Smiley

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December 17, 2023, 06:43:26 PM
 #87

I'm not a trader and I hate it more or less like OP, so I won't try to defend it. I'm more of a gambler than a trader and I gamble because to me the rules are clear and the bet is settled almost instantly. It doesn't keep me on edge for days. Let's say I play cards, I know if I'm on top of my game or not and I can stop whenever I want and know that it's over and I have the money that I have.
When you trade you don't sleep because you want to check if your order is still there or if someone came and dumped their stash to liquidate you. It's unhealthy and not worth the nerves if you ask me.

I hold bitcoin and I don't care about the price and trades. I know that even if it's down 50% I'm still up a couple hundred % and it's going to recover. I sleep like a baby.
Trading is like playing a rigged game over a long period of time.

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December 17, 2023, 06:49:35 PM
 #88

So prove me wrong (if you think I am), what am I missing?

Bro!!, I have to screen your name 3 times because like do you gamble that much?  Cheesy Alright! I want to gist you about one of the saddest day of my life in gambling, there was these people they are called Punters in Nigeria, they are popularly known as sport bettors who have made millions from sport betting and they used to share their betting code for followers and anytime he drop them, they copy and stake them in their respectful account and the odds are usually high that even if you bet small amount, you can win something big to at least a million(in Naira).

So, this day, I have been seeing the trend of X NG anytime they win bets because they appreciate these Punters when the street win bets and I was compelled to follow the crowd. In my first 1 week, nothing was won but I don't feel anything because what I stake in a week sometimes is not up to a dollar if you do the conversion because I wanted to test. After the struggle of having like 35 games, we did win 30 and lose 4-5 but we were about to win one bet of 31 of 30 in one faithful Saturday. It was under 3.5 game selection, this game was almost done in 90 minutes with 3 total, everyone including me has anticipated what to use the money for only for them to add an additional goal at the last minute. I was so mad man, it was not the money I stake that pained me but the unrealized money I was expecting to win.

Moral of this story, trading has a way you can opt out and the use of trailing profit and stop loss can help avoid losses and take profits but in gambling, you can't do that because you will most likely had nothing. While trading, you can hold further if there is a loss but in gambling, you can't do that in gambling.

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December 17, 2023, 08:38:21 PM
 #89

~snip~

though we have our own take on this matter. but yes, i do agree with the OP that watching that horse race is far more entertaining than staring all those numbers and candlesticks. but maybe, it depends on the person himself. as we have our own preferences on how to entertain ourselves. but i guess, a lot more people will enjoy the horse race because we prefer more on visuals. even if we don't bet on that race, just watching the game itself would make you root for certain horse.

however, there are indeed people especially those veteran traders who prefer to look at their screens all day and figuring all those numbers what it can do to their trading moves to earn more profits.

maybe, what the OP can do is find someone who is a rock solid trader thru and thru, and interview him and get insights. in that way, we will know his take on this matter. is he enjoying what he's doing or will he also find horse racing a more fun to watch?
It truly depends on the person because if you're a gambler and you like what you're doing and at the same time you're able to control yourself then you should be fine. What people always think of with gamblers is that we're out of control and we're just here to lose money. But to be honest, they can't speak the same thing with the traders. All they think are the same with them that are they're all good and they're not gambling at all.

Well, there's the similarity of it that they're also risk takers but the thing is that they're praised more than the gamblers and it's not surprising at all. I am not saying that gamblers should be praised but the comparison sometimes is off the beat and people who likes to give vague arguments about gamblers don't look at the other side of the fence wherein there are people that often lose more money instead of winning. And yes, I am speaking about the traders.

They're glorified and people think that they're the smartest amongst us because they make money and they show some analysis but little did they know, that most of them are also losing and they don't just want to expose it to the public that they've been losing a lot of money and only wants to show the wins that they have. Well, we're on the social media age where people only wants to show good things and not their bad sides.

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December 17, 2023, 09:26:31 PM
 #90

Well, there's the similarity of it that they're also risk takers but the thing is that they're praised more than the gamblers and it's not surprising at all. I am not saying that gamblers should be praised but the comparison sometimes is off the beat and people who likes to give vague arguments about gamblers don't look at the other side of the fence wherein there are people that often lose more money instead of winning. And yes, I am speaking about the traders.
In the end of the day, gambling and crypto short term trading are the same thing. Traders are analyzing charts, price fluctuations, watching statements from governments and influencers about cryptocurrencies, but it still doesn't guarantee they are going to be in profit when doing day trading (the market is unpredictable on short run). The same can be said about gamblers who are comparing statistics from athletes and teams. The luck factor is necessary and determinant in both categories.

Now, the subjectiveness of each person will lead them to have more fun and feel more thrill through gambling or through trading. There isn't a winner or best alternative in this case. Some people feel more excited watching sports matches, horse races, live fights, while others increase their adrenaline levels intensively by watching charts moving in real time... After all, they are different routes to reach the same destiny, which is always the raised dopaminergic state of increased pleasure and satisfaction.

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December 17, 2023, 09:44:34 PM
 #91

Well, there's the similarity of it that they're also risk takers but the thing is that they're praised more than the gamblers and it's not surprising at all. I am not saying that gamblers should be praised but the comparison sometimes is off the beat and people who likes to give vague arguments about gamblers don't look at the other side of the fence wherein there are people that often lose more money instead of winning. And yes, I am speaking about the traders.
In the end of the day, gambling and crypto short term trading are the same thing. Traders are analyzing charts, price fluctuations, watching statements from governments and influencers about cryptocurrencies, but it still doesn't guarantee they are going to be in profit when doing day trading (the market is unpredictable on short run). The same can be said about gamblers who are comparing statistics from athletes and teams. The luck factor is necessary and determinant in both categories.

Now, the subjectiveness of each person will lead them to have more fun and feel more thrill through gambling or through trading. There isn't a winner or best alternative in this case. Some people feel more excited watching sports matches, horse races, live fights, while others increase their adrenaline levels intensively by watching charts moving in real time... After all, they are different routes to reach the same destiny, which is always the raised dopaminergic state of increased pleasure and satisfaction.
Yeah, there's the similarity and that's the comparison we get from everyone. But the fact that we're enjoying it is a matter of importance and it's happening more with gambling. Whether you're in for a horse race, basketball, esports, chess, or any other sports that are popular nowadays. The enjoyment is different from watching those candles and numbers go up and down. There's a difference in the entertainment value that it provides to all of us.

We're also cheerful when we support the sport that we love to watch and that changes our mood from time to time although this also happens in trading. But there is a different level of satisfaction when we win trades and bets, aside from winning your bets, the team you support or the player you bet on is also winning which shows that you're not just there plainly for the bet and to gamble but also the love you have for that athlete or team you have watched.

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December 17, 2023, 10:03:37 PM
 #92

First of all, I don't know much about trading, I don't know that learning about trading takes a lot of time and that is something that has to be very delicate because it can have a lot of theory, and I hardly have time to learn something like that, I do. What I do is read articles from traders who are famous, from people who have been in the market for years and who give their opinion, many of them post their analysis and I could learn something from there, but there are many things, I don't know what they are. the best of the prediction tools because there are many, and I couldn't decide.

The casino is not trading, and the trading is not the casino, I am not Going to start trading by guessing as if I were playing in a slots, and the slots are pure luck and that is like a lottery, for me the casino seems perfect because I know it's luck, you don't have to think much, in trading you have to think a lot, consider many things that happen in the world, it's like a lot of Information.

R


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December 17, 2023, 10:58:13 PM
 #93

First of all, I don't know much about trading, I don't know that learning about trading takes a lot of time and that is something that has to be very delicate because it can have a lot of theory, and I hardly have time to learn something like that, I do. What I do is read articles from traders who are famous, from people who have been in the market for years and who give their opinion, many of them post their analysis and I could learn something from there, but there are many things, I don't know what they are. the best of the prediction tools because there are many, and I couldn't decide.

The casino is not trading, and the trading is not the casino, I am not Going to start trading by guessing as if I were playing in a slots, and the slots are pure luck and that is like a lottery, for me the casino seems perfect because I know it's luck, you don't have to think much, in trading you have to think a lot, consider many things that happen in the world, it's like a lot of Information.

You would really be needing to be delicate or else you would really be just simply be making yourself money blown away on just simply nitpicking whether the price would be going up or down.
Simply means that trading does really need up that serious approach rather than on not because its never been that enjoyable or entertaining but rather this is a serious business or dealing
which it would really be that totally different when you do gamble on which it would really be just that right that you should really be that having that different kind of approach when dealing up
with things. You would eventually finding out for yourself on which one is entertaining and which is needing that serious thing or approch.

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December 17, 2023, 11:53:40 PM
 #94

First of all, I don't know much about trading, I don't know that learning about trading takes a lot of time and that is something that has to be very delicate because it can have a lot of theory, and I hardly have time to learn something like that, I do. What I do is read articles from traders who are famous, from people who have been in the market for years and who give their opinion, many of them post their analysis and I could learn something from there, but there are many things, I don't know what they are. the best of the prediction tools because there are many, and I couldn't decide.

The casino is not trading, and the trading is not the casino, I am not Going to start trading by guessing as if I were playing in a slots, and the slots are pure luck and that is like a lottery, for me the casino seems perfect because I know it's luck, you don't have to think much, in trading you have to think a lot, consider many things that happen in the world, it's like a lot of Information.
Learning to trade takes a lot of time until you really understand it, and many cannot go through the process because the changes in the crypto market occur more frequently. They have a lot to learn as if it is a never-ending journey, which causes many people to experience boredom in learning to trade. But if they keep learning to change because they want to make a profit, they will see the results in a certain time, making them even more active in learning.

Meanwhile, gambling is an entertainment that you don't need to be too serious about learning unless you really want to make money from gambling. But it won't be easy because you will still have to learn the things needed to play gambling. If you want to place bets on sports betting, you must have analytical skills. And if you want to make money from card games, you must study them until you really understand them.
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December 18, 2023, 03:06:22 AM
 #95

I have been trading futures for a long time but it does exactly like gambling in my opinion  so Prove me wrong: Gambling is both more relaxing and entertaining than trading gambling is more relaxing ane has less tense in my opinion than trade but gambling like the crash game is the same as trading but still fun hahaha.

When I open the position I just look at the chart draw some shit and open and hope the price goes like toward my direction but sometimes it doesn't and my heart beats fast whether my position is loss or win.

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December 18, 2023, 03:47:18 AM
 #96

If we judge it from a "money" perspective, both of them are risking money for profit, but if we judge it from the real way they work, they are both different.

trading is always closer to seeking daily, weekly or even monthly profits, not to seeking entertainment or pleasure. so in trading, many people say that they are often tense and stressed because the fear of coin prices going down makes people's minds tense.

the concept is different from gambling which is closer to entertainment or fun, even though you can both get money, but the main way of working is for entertainment and even though it causes tension and sometimes makes you stressed, you can get treatment from the feeling of joy when you win and also look at the animated graphics. Images that can have a comfortable impact on gamblers so that tension and stress do not last long, but it all depends on each person's mindset.

for me, trading and gambling are still pros and cons because everyone has a different point of view and for someone who is very happy with trading, they will definitely say that trading is also fun, but gamblers think that trading does not provide pleasure and it is more fun to gamble while earning money. the advantage is that in sports betting we simply place a bet and then watch the match take place, which gives a very interesting sensation and is also accompanied by a feeling of joy when we win.

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December 18, 2023, 04:41:45 AM
 #97

I can agree with you. Gambling is more fun and entertaining compared to trading. Even though these two things are both related to "betting" your money, I can say that these two things are different. Trading requires analysis and what you do is ensure that your analysis is in accordance with what is in the market. When your analysis is wrong, you can do a stop loss to get out of the market, there's no fun.
Meanwhile, when gambling, you are gambling your money either on a match or game. In this process, players enjoy the excitement of graphics, music, jackpots, bonuses, vibes, etc., which makes gambling even more exciting for players.

R


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December 18, 2023, 04:49:03 AM
 #98

Sorry, I will comment on this, I have a different view where trading and gambling cannot be equated and compared because the domains are different. I believe that trading is complicated and requires patience and analysis to make a profit. And it tends to be legal in all countries, in contrast to gambling which in fact seems to be looking for fun instead of making money through betting. And I'm sure many people can do it compared to trading. Apart from that, not all countries legalize gambling, let alone Muslim countries.

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December 18, 2023, 05:11:36 AM
 #99

I gamble to have just fun.

I do not trade to have fun but to make money. Although I also use small amount of money to trade, just like gambling but a little bit more higher.

If asking which one is more entertaining, trading is not entertaining but exhausting.
+1 on this one. Trading sometimes gave us stress and headaches gambling only gave us chilling sensation when we lose. Speculation and technical analysis is not that easy unlike gambling where we only think of having fun. They were two different things for me like one is for fun and the other is for income.



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December 18, 2023, 05:18:19 AM
 #100

I don't know about relaxing but I do agree that gabling is more entertaining than trading because you don't need to take gambling seriously unlike with trading where you need to put your game face on because you're playing with your money and a slight change is an opportunity for you to earn a profit so you can't afford to be dilly dally. Also, it's really hard to compare these two because gambling and trading is so different from one another and even if they say it's just like gambling, it's still isn't the same to me.



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