Maybe future trade is gambling

[wtsimis]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

[Oshosondy]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading is trading. Future trading is future trading.

Gambling is gambling.

The question is: Is future trading risky as gambling? Yes. The higher the leverage the higher the risks.

[electronicash]

since you wager when you predict which team is going to win in a sports match, you therefore are betting for a team to win which means gambling. the fine line between futures trading i guess will make people conclude it is also gambling since the trader is also predicting where the market will go within a time.

so maybe it's just gambling as well. the binary trading seems to be classified as gambling, it's even on casinos like rollbit. the difference is that in trading you have a tool for predicting the market while in a sports match, you just analyze based on the skills and previous games.

[AbuBhakar]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

You can lose money even on regular trading such as spot trading. Futures trading is just more risky because you are opening positions with leverage which means you borrow money for high margin in exchange for an interest that you will automatically pay once your position is liquidated or closed whichever comes first.

@Oshondy was right that it’s not a gambling but rather just a high risk of trading. Not all activities that associated with risk can be considered as gambling because they have different purpose. Let’s not be confused that gambling risk is for entering purposes while trading is an investment tool.

[abel1337]

Future trading will be gambling if you are trading blindly and just relying on chances. Trading is trading because we have things that we can do to improve our winning chance which is technical analysis and fundamental analysis. Longing or shorting without any idea is just pure gambling.

Futures trading is just risky as it's own and there are people who don't really realize it. Spot could be boring for some people but I believe it is the best way to do trades as you won't get liquidated on spot.

[Pandu Geddon]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

This has been discussed several times on the forum. regardless of what your sister or your sister's friends do with their futures trading. it was the mistake of the trader, it was because he was a beginner and just learning and trading very greedily when trading futures. what goes bad is when he learns from videos, without better understanding and direction. maybe the trader made a mistake.
video might solve some problems but not for trading. learn from the right people. If you are learning on your own, then minimize the risk with small funds as a beginner.
we all have to say, that trading will never be the same as gambling.

[Fuso.hp]

You can compare futures trading to gambling because just as gambling has a high risk of losing money, futures trading has inherent risk of losing money. In case of futures trading, there is usually an opportunity to trade with a loan, but if there is a mistake in accepting the trade, the money can be lost in a moment. The risk of losing money will be reduced as the trade is taken for profit in futures trading. Future trading can generally be played in two ways, one may play the short method and the other may play the long method, but no matter which method one plays, everything has a specific target. If the price of that coin falls below or above the specified target, the trader will definitely lose his money.

[8rch7]

Future trading will be gambling if you are trading blindly and just relying on chances. Trading is trading because we have things that we can do to improve our winning chance which is technical analysis and fundamental analysis. Longing or shorting without any idea is just pure gambling.

Futures trading is just risky as it's own and there are people who don't really realize it. Spot could be boring for some people but I believe it is the best way to do trades as you won't get liquidated on spot.

Future trading with bigger leverage likely as the gambling with bigger risk and has two option only loss or win, the same with gambling put our bet on sport betting win or loss and there are not optional get refund with our money later. I think future trading have liquidation way and its the same with gambling when loss predicting actually will loss fund and future trading with not accurate between short or long position open get chance loss our fund.
Seems comparison between future trading and gambling because potential losses our fund and why many people claimed about future trading is the same meaning with gambling.

[ancafe]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

It depends on how clamped a person is regarding understanding regarding futures trading. However, what needs to be understood is that trading is still trading and gambling is still gambling? When we are involved in any form of trading it is impossible to expect luck like the gambling activities we do. Because trading activities are only carried out if we understand how it works and most people misunderstand trading, so that at one point they experience losses that should not have occurred.

It is much more correct when we say that trading will be much riskier in the long term because the higher the leverage, the higher the risk. But what can limit all of that is only knowledge about trading itself because the more familiar you are with trading, the more experienced you will be in how to trade.

[ajiz138]

I think it's different futures trading and gambling, maybe some will consider the same, but you need to know that gambling is purely due to luck but futures trading you can use skills to do in order to make a profit.

Your friend trades futures blindly in addition to learning from Youtube which is completely not understood what patterns are needed, then he takes out a loan for this trade it is clear that he will lose a lot of money and may use high leverage because of greed or ignorance of what risks occur.

He lost the whole dollar because of high leverage, not analyzing properly, or trading futures carelessly, it could happen.

[Nrcewker]

We consider an activity as gambling when the risk intake is high and the returns are huge. If a similar condition arrives at any activity, then definitely it’s nothing but pure gambling. If we see in future trading then definitely you buy the coins and sell at limited time, here the profit can be huge, and if went for loss, then it will really go very down. So yes future trading is almost like gambling or risking your money. The story you mentioned really made me sad, he lost the money due to high risk or which you can say high leverage.

[_act_]

We consider an activity as gambling when the risk intake is high and the returns are huge. If a similar condition arrives at any activity, then definitely it’s nothing but pure gambling. If we see in future trading then definitely you buy the coins and sell at limited time, here the profit can be huge, and if went for loss, then it will really go very down. So yes future trading is almost like gambling or risking your money. The story you mentioned really made me sad, he lost the money due to high risk or which you can say high leverage.

Gambling is a game of chance. Trading is not a game. In trading, you are not gambling anything but trading. The trade may favour you or not and that is why it is risky. An investor can lose. In a business, a business man can lose. In anything that we can gain from, we can also lose. But the risks are higher in future trading. The risks are higher but it is not gambling.

[South Park]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

It seems that what you truly mean to ask is if the risks taken by those trading futures outweigh the possible benefits they can receive? And most of the time this is not the case, futures trading is supposed to be used only by the very best and the most experimented traders out there, and taking into account the results it is obvious your brother was not really ready for it, however he should have known this from the beginning, it is just that watching those youtube videos made him think he actually had a chance.

[lionheart78]

Future trading has a similarity with gambling due to high risk and possible emotional trading.  But these two activities are different things.  Gambling specifically the game of chance can't be affected by any analysis or calculating skills, while future trading is based on analysis and skill to know the movement of the market.  Aside from that, we can't apply risk management to gambling only bankroll control while in future trading, risk management can be applied as long as we know the market weaknesses and possible exploits.  Although the risk involved in future trading is way higher than in normal trading, I believe the presence of the ability to manage risk and apply skills and analysis is the separating line between gambling and future trading.

[stompix]

Gambling is a game of chance.
Trading is not a game. In trading, you are not gambling anything but trading.
The trade may favour you or not and that is why it is risky.

So basically, on your own words trading is gambling! 

Trading is trading. Future trading is future trading.
Gambling is gambling.

And the fundamental difference between the two being?

I think it's different futures trading and gambling, maybe some will consider the same, but you need to know that gambling is purely due to luck but futures trading you can use skills to do in order to make a profit.

Yeah, heard that one hundred teems, it's skills, it's knowledge and all that bs and when a bear market comes traders have the higher suicide rates of all jobs in the worlds. Traders trying to paint their guessing game as skills or knowledge are worse than degenerate gambles who try to predict numbers and colors in a roulette game based on past games.

[EarnOnVictor]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

This is a pathetic and unfortunate story and I must say that this guy is so unwise, he handled trading badly and wasted resources in a way that should have been avoided. As you narrated the story, I can decode that the guy is a novice, he was just using headstrong to trade thinking he has known everything, but that is how it ends for people like him. Well, there is a difference between investment and trading, and had it been it's an investment, he might be smiling at his bank account by now. But trading, it is risky, you need to know it very well and also be a good trading and account manager before you can be successful in it. I feel so sorry for this guy and the lesson through YouTube will contiue to put them in trouble as they do not tell them the real truth that trading is not easy.

Even if one would want to start trading newly, a very small amount is advised in the beginning and no temptation should have caused the person to do otherwise. As it is now, the guy should just take a break and fix his life first, trading is not for him, and if he will trade at all, let it be in years and not now. However, you can convince him to invest if he will ever yield judging by this bitter experience.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Well, trading and gambling are not the same thing, however, there are gamblers in trading. A typical example is this guy who doesn't know trading well but just gambling his way out until he loses everything. But this doesn't stop the fact that "trading is trading" and that there are real traders who do not gamble but follow a good trading plan and style.

[boyptc]

It's actually a gamble if you have no idea with what you do. But let's take it with the risk that futures has and you can just conclude that it's a gamble on its own.

How he lost money?

It's because someone who has no idea of what he does there shouldn't go into futures and the more idle you are there or just holds there, it's not an ideal place to do so because you'll just lose mone if you do so.

[Woodie]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading is trading. Future trading is future trading.

Gambling is gambling.

The question is: Is future trading risky as gambling? Yes. The higher the leverage the higher the risks.

Literally calling a spade a spade ,love it!!

Though it gets me worried whenever we have people call trading gambling... whether futures trading, options trading, perpetual trading whatever it is it's all about having the skill in this art that one needs to succeed, otherwise if a person lacks the patience and emotional control that you just want to guess on whether to short or long the markets then it's called gambling, no two ways about it.

Let's practice more and fine tune our strategies for us to better our chances of success when it comes to trading  

[_act_]

Gambling is a game of chance.
Trading is not a game. In trading, you are not gambling anything but trading.
The trade may favour you or not and that is why it is risky.

So basically, on your own words trading is gambling! 

You are very wrong and you are not getting what I meant. Trading is not a game, but gambling is a game. In trading, you are buying and selling. In gambling, you are not buying and selling anything. Both are risky and their risks can be the same, but some people like you failed to understand that trading and gambling are not the same.

[stompix]

Gambling is a game of chance.
Trading is not a game. In trading, you are not gambling anything but trading.
The trade may favour you or not and that is why it is risky.

So basically, on your own words trading is gambling!  

You are very wrong and you are not getting what I meant. Trading is not a game, but gambling is a game. In trading, you are buying and selling. In gambling, you are not buying and selling anything. Both are risky and their risks can be the same, but some people like you failed to understand that trading and gambling are not the same.

And what's the difference?
You get lucky to buy a coin and sell it at the right time, you get lucky on betting on horse when he runs the race of his lifetime.
Is there any skill or knowledge that would protect you when you trade if a a nuclear bombs hits when you're going long ? Is there any skill or knowledge that would protect you from Biden coming on live TV and saying the US is ditching the usd for BTC when you're all short?
No, nothing!
No skills in this world can predict something in the future, otherwise you would have everyone a billionaire by now!

Trading is just luck, to buy at the same right time and sell at the right time.
Gambling is also luck, bet on the right horse on the right race!

I've challenged almost everyone here to show me the knowledge that would have predicted ahead of the event oil going negative, guess what, crickets!
Because there is no such thing, you just have strategies based on past events, and you GAMBLE on them repeating in a pattern or not!
Counting cards at poker and trying to guess what the adversary has is also considered skill, but it's still luck, me looking at what a horse has done on this surface be it dirt or grass, with this jockey over a distance on a left or right circuit is also about knowledge but just as with trading, it also relies on a ton of luck!

[Faisal2202]

There is a small difference between gambling and future trade and that is doing predictive analysis with the proper education along with the market sentiment's education because if that brother near to you who started the future would have knowledge about the future and by knowledge I mean proper knowledge, not some signals, or quick rich scheme where you invest 1000$ with 200x leverage and use the remaining 13k dollars to manage the liquidation price.

Even for the moment, if we accept he does know how to trade in the future with proper knowledge but he should have control over his feelings of not sticking his nose in things that don't fit him better. This means, that if he is trading by taking a loan then he is dumb. He should have not traded with loan money.

I have one simple rule and that is, even if we have to eat less, wear simple, and travel light, we should not be frustrated until we keep getting it in a consistent way. While the young blood thinks they could change their way and can become the next motivational speaker by taking the risk and setting their lives. By the way, it is really sad that he lost this much money and future trading is not gambling until you are doing it with predictive analysis (TA + FA ).

[goaldigger]

Gambling is a game of chance.
Trading is not a game. In trading, you are not gambling anything but trading.
The trade may favour you or not and that is why it is risky.

So basically, on your own words trading is gambling! 

You are very wrong and you are not getting what I meant. Trading is not a game, but gambling is a game. In trading, you are buying and selling. In gambling, you are not buying and selling anything. Both are risky and their risks can be the same, but some people like you failed to understand that trading and gambling are not the same.

Many consider trading as gambling if you do it without having your own analysis and strategy. Its like a guess trade and that can be very risky same as gambling. If you do trade responsively using your strategy and own analysis, then it can be a rewarding approach, just don’t make any guesses especially in futures if you don’t want to call it as gambling, because trading that is based on luck is consider as gambling.

[Dr.Bitcoin_Strange]

Gambling is primarily based on luck, and as a gambler, you have to develop some self-rules that prevent you from losing more than you can afford. Gambling is for fun; although while having fun, we can still luckily cash out some money from our wins, the losses from gambling come unannounced, as does the winning.

If you are interested in trading, what you will likely cultivate in your mind is profit-making to generate more income for yourself. People don't trade because they want to have fun; they trade because they only want to make profit. Despite that, traders encounter losses too, but their sole purpose in trading is for profit sake.

There is a lot of misleading information about trading on the internet, both on YouTube and on some other sites. Maybe your friends might have handled trading in the wrong manner, and that's why he has lost that amount of money. A trader must learn and develop some trading strategies for themselves that can help them play it safe while trading. Trading is risky, and as a trader, you don't have to invest all your capital in it; just invest the amount that will not put you in psychological trouble when the trade fails.

I told him the last time I saw him to buy bitcoins with all his wealth.

Buying Bitcoin is very good, and it's good advice you have, but telling someone to use all their wealth to buy Bitcoin is not acceptable advice. Although the percentage of profit will be very high if someone invests a very large amount, yet, it's not wise for one to just have all their money in one investment. While making an investment, you have to keep some funds as emergency funds, and if your money is too large to be invested in another asset, you should invest in another asset too, so that you are secure with two different forms of investment. If one doesn't yield the expected results, the other one will.

[Issa56]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube.

Why do you think future trading is gambling? Is it because you saw someone lose $14k in trading? That's why you think it's similar to gambling, but I hope you know that amount of money can be lost even if you are into spot trading. In trading, if you don't understand the basics, then you are likely going to lose more. We know that trading is risky, but trading in the future is more dangerous because you can easily lose your money compared to if you are in spot trading, but you can also lose in spot trading.

One of the worst mistakes people make is trying to learn how to trade on YouTube. Most of the people that post on YouTube are doing it for their own selfish interests,  and they don't care if people watching the videos are benefiting from the videos. Some of them end up stealing other people's videos, they will edit them and decide to post them on their page. Most of the people claiming to be professional traders are just fake, they are not really traders. That's why you will always see videos of when they are making profits online, but you will never see when they are losing, they are doing that just to deceive people.

I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

When you're trading and your losses are getting too much, then it's better to stop trading for that particular period of time. You can just decide to do more research to discover what is wrong and why you are losing most of your trade. In trading, there will always be losses, but when your losses are more than your profits, then something is wrong. Then the funniest part is that the boy decided to trade with the money he borrowed. I am sure he will have been misguided by the videos he watches on YouTube.

[Assface16678]

Gambling is a game of chance.
Trading is not a game. In trading, you are not gambling anything but trading.
The trade may favour you or not and that is why it is risky.

So basically, on your own words trading is gambling! 

You are very wrong and you are not getting what I meant. Trading is not a game, but gambling is a game. In trading, you are buying and selling. In gambling, you are not buying and selling anything. Both are risky and their risks can be the same, but some people like you failed to understand that trading and gambling are not the same.

Many consider trading as gambling if you do it without having your own analysis and strategy. Its like a guess trade and that can be very risky same as gambling. If you do trade responsively using your strategy and own analysis, then it can be a rewarding approach, just don’t make any guesses especially in futures if you don’t want to call it as gambling, because trading that is based on luck is consider as gambling.

I agree that a trade will be a gamble only if the trader doesn't think much of it and just lets it out without thinking about the outcome, whether it will be a lose trade or a win trade. But still, I don't think gambling should be associated with trading. Although trading is very hard and risky, like gambling, it doesn't rely on luck. Trading will be efficient if the trader knows what he or she is doing, and with proper analysis and thinking, a trader will have a high percentage of winning a trade or earning from a trade. So yeah, I will not associate gambling with trading because gambling has a higher chance of losing money than trading, so I still choose trading over gambling. Although I do both, in terms of having income or money, I would focus on trading and on earning, but if I had to have fun, I would pay a little amount to have fun, then I would go to gambling.

[tvplus006]

...Now my question is futures trade is actually gambling?

It depends primarily on the person himself. If he is a player by nature, then he will treat everything he comes across as a casino, because otherwise he will not be able to. If a person can stop playing in a casino in time, without allowing a complete loss of money, then he will also be able to trade futures prudently.

[GreatArkansas]

(....)
Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

For me, trading will be gambling if you trading without basis or analysis or just opening a trade randomly.
Because for me, every trade needs to be planned first before doing anything.
And even futures or spot trading, they are just the same, the risk involved are only different and the type of it.

[2Pizza410000BTC]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

If I had to say, I would say futures trading is more dangerous than gambling. The lives of those who once entered the futures trading platform ended in ruin. Because no one can ever trade successfully from futures trading. I had an acquaintance who completely destroyed his luck trading futures. A man would never believe how he lost his money so quickly, seeing his condition now. Because he also once owned a lot of money.

He lost all his money in futures trading because he traded without knowing the leverage. Because the futures training platform must be set with leverage, if the market moves to high leverage, the liquidation will eat up the short rise and fall of the market. This is exactly what happened to the surplus person you provided.

[retreat]

When someone trades without analysis and only thinks about short-term profits with high leverage, it means he is gambling with his money, and that is what he is doing. He risked his money on something he had no control over and knew nothing about, he thought he was trading when he was gambling his money on the market. What was wrong was not the futures trading, but him, he thought that he could get higher profits by trading futures, without knowing the risks, and in the end it was predictable that he was trapped in debt because of trading with the wrong mindset.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

No, future trading is derivative trading with a margin and leverage system. That's not gambling. But it can be “gambling” when traders trade without knowledge and only rely on their luck.

[Zigabel]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Futures trading isn't gambling and shouldn't be seen as such even if it's also considered as risky as gambling, most times the risk involved in futures trading is basically because controlled by the trader, the higher your leverage the riskier your trade, so it's something that has a predetermined risk factor unlike gambling. The only common factor they both share is risk els they are two different things all together. Before you place a trade on futures, a professional traders has some factor's and confirmation which gives him a better edge before placing a trade but with gambling it's far more different.

It's very important you understand that gambling and futures trading are not, cannot and can never be the same thing except you are just a newbie scalper then you most likely gamble than trade.

[Kelward]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

You can lose money even on regular trading such as spot trading. Futures trading is just more risky because you are opening positions with leverage which means you borrow money for high margin in exchange for an interest that you will automatically pay once your position is liquidated or closed whichever comes first.

@Oshondy was right that it’s not a gambling but rather just a high risk of trading. Not all activities that associated with risk can be considered as gambling because they have different purpose. Let’s not be confused that gambling risk is for entering purposes while trading is an investment tool.

good

It's true that crypto trading can not be classified as gambling because of the various analysis and predictions that are involved, however the high risk of future trading puts more uncertainties on the trader that you can to an extent compare it to gambling. See for instance the case of OP brother's friend, where he learned from YouTube, about future trading and jumped into it without due consultations with experienced people or more research, in the end he lost all his money, I'd say he gambled his money, although mainly due to ignorance. I think that future trading can only be attempted by experienced and knowledgeable traders.

[Bushdark]

I think we have the real traders and the gamblers in trading and that does not make us see everyone in trading as gamers and gamblers
In as much as we have the gamblees, the same wey we have the real traders that had been in the market for long trading consistently making profits and loses at the same time over a period of time. The market is open for anybody that wants to trade and earn from the market in San much as we have the right tools and knowledge to be able to make profits in the market.

[the rise]

I didn't say it like that. However, trading is trading and gambling is gambling, it is very clear. The difference is that betting is a trading game, namely buying and selling goods. It's just that crypto trading is too unique because it's like not having goods because the goods are digital coins. However, this can also be said to be trading because it is not just about money.

[rat03gopoh]

I think futures trading is a form of gambling.

I've personally picked up on this understanding since delving deeper. They are nothing but gambling like binary options mechanisms, the difference is timing. If binary options use static timing, futures use dynamic timing depending on you set leverage.

Or how did he lose all his dollars?

The more he chase losses, the more he lose.

[Kelvinid]

If you rely on luck when trading, then it is not far from doing it like gambling.
If we don't want this to happen, then must acquire more knowledge about trading whether it is spot or future trading because this is the only way we make a profit.

 - do trade when ready
 - do trade with knowledge and motivation, not just because we saw one of our friends succeeded

Nothing is impossible in trading if we want to improve but never force ourselves if we feel we can't. Not all are meant for trading, please consider it rather than doing this like gambling.

[MFahad]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Futures trading is just like gambling.Just as a gambler bets in gambling,If his guess is correct, he gets a good profit,but if it goes wrong, he loses all his money.Thus, in future trading people spend money on long trade or short trade, if the market goes to their estimates, they make good profit,but if their guess is wrong and the market goes in the opposite direction, they lose a good amount of money.


​Especially new traders who don't even know about spot trading. They often start future trading with the lure of high profits and quick profits. While Future Trading requires a lot of experience. Most experienced people in future trading also do a lot of harm,While it is very dangerous for the new trader. You are mentioning the X, which is the only role in the Future Trading. Probably he has taken a futures trader with more leverage, which has lost all his capital.

[leonair]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

When you use leverage in futures trading, if the price of that coin or token changes against your prediction, then your balance is likely to be zero.  And since there is a possibility that your balance will be zero, it can be compared to gambling. I myself say that future trading is a kind of gambling and it is better to stay away from it or it won't be long before you face big losses. A friend of mine  Got addicted to future trading and lost $60k.  So I always try to stay away from it. So if you want to do future trading then invest as much as you can afford to lose just like gambling.

[Baki202]

I think we have the real traders and the gamblers in trading and that does not make us see everyone in trading as gamers and gamblers
In as much as we have the gamblees, the same wey we have the real traders that had been in the market for long trading consistently making profits and loses at the same time over a period of time. The market is open for anybody that wants to trade and earn from the market in San much as we have the right tools and knowledge to be able to make profits in the market.

Futures trading entails risk, but all trading risk can be controlled; the only difference between traders and gamblers is that some have a similar mindset and should adopt comparable practices. I believe that bankruptcy will come next, starting with gambling and moving on to trading. Trading and gambling are comparable in that both involve the possibility of winning, while trading involves the possibility of gaining profits or losing them in a different way but with the same features and expectations. Making money is everybody's goal.

[lombok]

Future trading and gambling are different.

Future trading is a type of trading using leverage. Our capital will be multiplied according to leverage, therefore carrying out this trade requires accuracy in analysis and suitability of the leverage and margin we use. If we are careless in managing this, our money could run out. This is different from gambling, where we simply guess and bet the money we have. If we lose, we will lose the money we bet.

Trading futures is very risky. However, we can make big profits if we are able to analyze and utilize our skills in managing trades in accordance with market movements.

[tjtonmoy]

~Snip

Invest what you can afford to lose. That's the first rule of trading. Second is, do not trade without proper knowledge and experience. Spot trading is already risky, and your brother choose to do future trading! This is what we call lack of knowledge. This is what happens when you don't choose the right way of doing things.

Future trading is not gambling as you are analyzing the market and predicting the future. You can also use risk management in order to minimize your losses and keep your asset in order to continue your trading. Despite having similar attributes such as risks, future trading and gambling are two different things.
Don't mix it up. Your brother lose all his money because of his own fault. I don't think you know the proper way as well. Make sure to learn it and then teach it to your brother as well. Never go into trading unless you are good at it. If not, keep on learning...

[bitgolden]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Futures trading isn't gambling and shouldn't be seen as such even if it's also considered as risky as gambling, most times the risk involved in futures trading is basically because controlled by the trader, the higher your leverage the riskier your trade, so it's something that has a predetermined risk factor unlike gambling. The only common factor they both share is risk els they are two different things all together. Before you place a trade on futures, a professional traders has some factor's and confirmation which gives him a better edge before placing a trade but with gambling it's far more different.

It's very important you understand that gambling and futures trading are not, cannot and can never be the same thing except you are just a newbie scalper then you most likely gamble than trade.

Depends on who is doing it to be fair. The reason why people call it "gambling" is that you either make a lot of money, or you lose it all. So if you trade with 1000 dollars, then you could make it 10k as well if you are right, or lose ALL of that 1000 dollars as well.

That feels like gambling, if you are a veteran who knows what they are doing and making trades based on TA and the chart, then you may not consider that as gambling, but if you are a newbie who is trying to just make way more money than they could with spot trading, then you are just risking it and gambling.

A newbie who has absolutely no idea if it will go up or down, making just a guess, like flipping a coin, is definitely taking a big gambling risk without a doubt.

[GeorgeJohn]

It's obvious that no trading strategies or methods can be classified as gambling, we have discussed this severally and make some conclusions points that gambling is totally different from gambling and its obvious that gambling is something that deals with luck and it doesn't have skill as trading have skill when you misunderstood trading concepts or fail to understand it very well you will not make profit

[gabbie2010]

The difference between spot trading and future trading is leverage which is high in latter therefore your brother traded with a high very leverage without having the required skills and knowledge of trading, trading is hard as a newbie like your brother ought to have risk a small percentage of his portfolio to trade thereafter after incurring losses he can quit to his Capital, learning crypto trading strategy on YouTube is not a guarantee to be a successful in crypto trading alternative he should had started with demo trading to gain some experience, future trading is not gambling to become successful in future trading you gained many years of experience in chart patterns and TA.

[EarnOnVictor]

It's obvious that no trading strategies or methods can be classified as gambling, we have discussed this severally and make some conclusions points that gambling is totally different from gambling and its obvious that gambling is something that deals with luck and it doesn't have skill as trading have skill when you misunderstood trading concepts or fail to understand it very well you will not make profit

You know what, people will always relate trading with gambling because the two have so many similarities even though they are different, so you cannot expect any less from people with poor judgemental skills. The two can make you lose your money fast just the same way they can make you gain more money fast, but one thing that is missing in the thought of these people is that trading could be effectively predicted with many facts, fundamentals and data at the trader's disposal, this is unlike gambling. Trading is a business, but gambling is betting. However, you can bet in trading too, but that doesn't mean you are not doing business as it entails buying and selling transactions which makes it unique. You buy the asset when it is cheap and sell it when it is costly, but the right analysis for speculative purposes matters to the success of the trader.

For this, you can't blame anyone if you wrongly speculate to sell when you should buy or buy when you should sell, which is the risk in trading that people mistake for gambling. But when the trader is professional enough and knows how to speculate and buy at the right time and sell at the right time, and also properly manages the money and risks involved, such a trader is distinct from gambling and such an approach itself makes trading unique and void of any links with gambling. Unfortunately, many supposed traders gamble while they want to trade, so I do not expect less when they conclude that trading is gambling. But this will never change the truth, trading and gambling are just different things. It all depends on how you handle your trading, this is what will define you as either a trader or a gambler.

[Mpamaegbu]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

I've heard someone ask this same question recently at an event I attended. In fact, the dude didn't ask it as a question. He said it with a tone of finality that trading is gambling. A simple question I asked destablized him. The question was, what product do people exchange in gambling? Nothing! Gamblers only exchange fantasy while in trading one exchanges one commodity for another. So, whenever you think something is gambling ask yourself if there's a product for exchange. If there's, then it's not gambling. Let me add quickly that those who think anything trading is gambling are failed traders who've lost money to the market and in their frustration want to dissuade others from going into trading. Conclusively, trading (of any kind) isn't gambling. Both are two different things.

[Franctoshi]

The way you treat or approach the market would determine the results you would get, Trading has a set of rules to follow and as well as a strategy to navigate the market, and once you fail to follow those set of rules you are simply gambling in the market.

The trader got somthings wrong, The trader thought he had known it all by only learning how to trade on YouTube, trading is more difficult to understand than what you see they teach on YouTube, it requires some experience, and you also need an experience mentor who will be your guide, secondly it is very wrong to go borrow money in the name of trading, especially when you are a newbie in future trading, you won't even have peace of mind to make wise decisions in the market.

Most of the traders don't take time to learn. They enter the market with the mindset of becoming rich overnight, and would lose everything because of greed and not managing of risk.

[kentrolla]

The way you treat or approach the market would determine the results you would get, Trading has a set of rules to follow and as well as a strategy to navigate the market, and once you fail to follow those set of rules you are simply gambling in the market.

The trader got somthings wrong, The trader thought he had known it all by only learning how to trade on YouTube, trading is more difficult to understand than what you see they teach on YouTube, it requires some experience, and you also need an experience mentor who will be your guide, secondly it is very wrong to go borrow money in the name of trading, especially when you are a newbie in future trading, you won't even have peace of mind to make wise decisions in the market.

Most of the traders don't take time to learn. They enter the market with the mindset of becoming rich overnight, and would lose everything because of greed and not managing of risk.

True, I have made similar mistakes when I started trading, trading and knowledge about crypto are two different things as just knowledge and how crypto market trends doesn't make you a good trader and traders lose money because of this get rich quick fancy adverts cum traps which they see in YouTube ads and telegram channels. As you mentioned trading can be emotional drain and newbie should stay away from future trading at any cost as the winning trades are lot lesser than the losing trades.

[stomachgrowls]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Sort of but not really totally gambling considering that you could really still apply trading analysis. It is really just that in futures on which chances of being liquidated is really that high specially if you do make use of high leverage which i could consider 25x up would really be that too damn risky. When it comes to potential earning then it could give out that huge gains too if the price entry and outcome would be positive on which it would be that immense on which it would be basing up on the leverage that you have set. This is why it is really that important that you should make yourself wary about into those probabilities about losing tons of money
and the risks involved. If you could be able to handle it out then its your choice but if not then better stick to spot first.

Make yourself that mastered on spot trading or having that 10x rather than on hurrying up yourself on engaging with futures trading.If you have been able to gain up that enough experience
and skills on your trading then it might not be a bad idea for you to test up futures but as much as possible you shouldnt really be setting out those high numbers
if you dont like on busting up so easily.Market is volatile as always and  there's no assurance when it comes to outcomes or results on where it would be heading.

[Natalim]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

It was not gambling but he chose the wrong platform which caused their losses as they should not have chosen Futures Trading as they didn't have enough knowledge about trading. Unfortunately, with the influence of social media, many individuals have fallen into the wrong assumption that trading is the best way to earn money quickly, that is a big scam and lie coming from the mouth of these influencers as it never happens in real life.

In reality, Futures trading is not gambling but for some people, that can be like that. Trading with empty knowledge is even more than gambling IMO.

[Onyeeze]

Theirs a difference between trading and gambling because I know quite well that gambling is something that have to deal with luck and predictions ordinarily whereas trading have to do with skill acquisition and you most learn trading and understand the rules and regulations of trading before you will become successful in trading, so that is what I'm saying concerning trading, when you have not understand the basics things of trading Theirs nothing will make you to experience profit but in gambling either you know or not you will experience either profit making or lost base on it's a game of luck

[kojektea]

Some people say that trading is gambling. but if we look at gambling, it is a game that refers to one goal, namely money without any exchange value. Meanwhile, crypto trading still has value to be exchanged, namely commodity assets or digital coins that can be resold. Although some people aim to make a profit by buying some coins, this cannot be considered gambling. unless it is just a game with monetary profits.

[Lanatsa]

Theirs a difference between trading and gambling because I know quite well that gambling is something that have to deal with luck and predictions ordinarily whereas trading have to do with skill acquisition and you most learn trading and understand the rules and regulations of trading before you will become successful in trading, so that is what I'm saying concerning trading, when you have not understand the basics things of trading Theirs nothing will make you to experience profit but in gambling either you know or not you will experience either profit making or lost base on it's a game of luck

Most of us will be taken to far-flung locations by experience, areas where we will never be concerned about the continuous flow of income. What we failed to recognize is that things are not as complicated as we perceive them to be. There's nothing to be concerned about; simply relax and investigate; it's all simple phases, and there are measures we can become acquainted with. Trading and gambling are two very different things; everyone has their own ideas about what is important, and we must constantly remember to be extremely cautious and confident anytime we are in a position to produce substantial profits.

Speaking of curiosity then it would really be just that always part of human being on which if there's something that they could see that might be that beneficial for them, then it would be normal that they will really
be tending to make out some engagement but of course they would really be doing those research stuff and everything before they would really be able make involvement into something. When we are still new
then it would really be just that there are things which we cant really be able to know because of lack of experience and knowledge on which mistakes and errors would really be that evident or something inevitable.
I do somewhat agree into those points above that futures could act out as a gambling since you've been dealing with high leverage.

If you wont really be that careful then you would really be blowing up yourself but if you are really that knowledgeable and aware on  the things that you are doing
then you could really be able to make profits but just been said that this kind of skills cant really be that able to learn out on a short time.
So it does takes time.

[Jawhead999]

Some people say that trading is gambling. but if we look at gambling, it is a game that refers to one goal, namely money without any exchange value. Meanwhile, crypto trading still has value to be exchanged, namely commodity assets or digital coins that can be resold. Although some people aim to make a profit by buying some coins, this cannot be considered gambling. unless it is just a game with monetary profits.

It's weird you define trading as that, your explanation is pretty much like selling lol.

Sure there's an exchange between two assets, but technically it just an IOU, you're not really trade your asset to another one until you withdraw it to your non custodial wallet. This is why futures can be define as trading than gambling, either spot or future, you can trade your IOUs.

[Ahli38]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

I am sorry to hear about the loss that someone you know has experienced. I hope he can learn more from his defeat and become better afterward. And I don't think losing a lot of money should only be in futures trading. Even if you buy a shitcoin and then the dev runs away to withdraw the coin's liquidity, it will definitely leave you holding a worthless shitcoin, which means you still lose the value of your money. Likewise in spot trading, if we are not ready for a trade then we can only get losses. So the problem is not about futures trading or any other type of trading. But this is about your acquaintance who is not ready to trade but has forced himself to trade with large capital when he is not yet mature in insight and experience.

Any type of trade is still trade. Gambling and trading are clearly different. Although there are indeed people who trade by relying solely on luck. But that doesn't mean that trading is gambling, but that the person is the one who applies the wrong way of trading. Because trading requires insight, precision and experience. It requires expertise in analyzing both technical, sentimental and fundamental analysis. Apart from that, very important factors are also needed in managing finances themselves, such as money management and risk management. So we know when to stop and when to come back. And minimize losses and not be greedy when making profits.

So trade is trade. Loss and profit are two things that will always exist in any business. Not everything that makes us lose is gambling. Because losses can even come in any form. The most important thing is when we get into something. So learn first and start slowly and don't be greedy. Because the most frightening enemies in the world of trading are our own emotions, namely greed and fear. That's why we often look at market indicators related to these two things. Which indicates the importance of mastering these two things.

[yudi09]

-snip-

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

For me it's not. There are many types of trading with different patterns and technicalities.
Gambling is not trading and trading is not gambling. That's what I think.
Buy at low prices and sell when prices rise. Trading is about how strong you are in trying to make a profit with the strategy you choose to use.

Gambling is just a more dominant game with losses within a certain time. Gambling on a sportsbook, the time is only about 90 minutes. If the bet placed matches your predictions and choices, then you win.
Trading is still possible for you to hold before the target selling price has not arrived.

[Fuso.hp]

Some people say that trading is gambling. but if we look at gambling, it is a game that refers to one goal, namely money without any exchange value. Meanwhile, crypto trading still has value to be exchanged, namely commodity assets or digital coins that can be resold. Although some people aim to make a profit by buying some coins, this cannot be considered gambling. unless it is just a game with monetary profits.

Trading is not at all compared to gambling but futures trading can be compared to gambling. Money can be lost in futures trading and because this trading is more risky, many people do not find much difference between futures trading and gambling. I believe people who do futures trading have lost a lot of money in futures trading and even after losing money they feel that they should do futures trading because they think that futures trading can give them more profit. Although the amount of profit is less in spot trading, the risk here is very less, in spot trading, no matter how much the price of a coin falls, there is a chance of profit if the price of the coin increases again, but in future trading, if the price of the coin falls below a certain level, traders lose all their money.

[Hypnosis00]

-snip-

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

For me it's not. There are many types of trading with different patterns and technicalities.
Gambling is not trading and trading is not gambling. That's what I think.
Buy at low prices and sell when prices rise. Trading is about how strong you are in trying to make a profit with the strategy you choose to use.

Those who thought that trading was gambling were those people who never knew what trading was all about.
In fact, there is no fortune in gambling but trading does if we want. As OP said MAYBE, it means that it was not certain yet and we can change that view if we personally know what it trading, not just knowing it from other people or these influencers. I'm not sure but I thought that OP is pointing out about LUCK and this will happen for the traders who lack of knowledge and they just rely on luck to make a profit. In this case, I'm not going to wonder if that trader considers himself into gambling because he is not actually trading with knowledge and skill but purely relying on luck.

[leonair]

-snip-

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

For me it's not. There are many types of trading with different patterns and technicalities.
Gambling is not trading and trading is not gambling. That's what I think.
Buy at low prices and sell when prices rise. Trading is about how strong you are in trying to make a profit with the strategy you choose to use.

Those who thought that trading was gambling were those people who never knew what trading was all about.
In fact, there is no fortune in gambling but trading does if we want. As OP said MAYBE, it means that it was not certain yet and we can change that view if we personally know what it trading, not just knowing it from other people or these influencers. I'm not sure but I thought that OP is pointing out about LUCK and this will happen for the traders who lack of knowledge and they just rely on luck to make a profit. In this case, I'm not going to wonder if that trader considers himself into gambling because he is not actually trading with knowledge and skill but purely relying on luck.

Trading is trading and gambling is gambling but Future trading is slightly different from normal trading like spot trading. It can be said that future trading behaves like gambling because like gambling your fund becomes zero if you bet, similarly in case of future trading if your prediction is wrong your balance will become zero if you liquidate. So it can be said that future trading is more like gambling. So it is better to stay away from future trading because it is very risky and it can cause you huge losses in a very short period of time

[|MINER|]

No  trading is trading and gambling is gambling. Those two are different things.  Don't mix the two.  Your brother lost everything because he traded without understanding the situation in the market. It was completely due to his lack of knowledge.  If the market conditions are bad, you have to refrain from trading. Otherwise, all is lost for more greed.  If you are new to trading you should learn to be happy with little specially in case of future trading.

[Hyphen(-)]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Futures trading is not gambling; the only similarities are the major risks of losing your money all at once.

These are two different words with opposing meanings, yet if you are greedy, you will lose in both.

If you have knowledge about future trading before you begin trading, your losses will be minimal, and you will trade with confidence because you know exactly what you are doing; unlike gambling, where you will bet on something you are unsure of, and your chances of winning depend on the outcome of the event, and most of these gambling games are unpredictable; while you can predict trades and they will work based on your analysis.

[Sanitough]

Futures trading is gambling if you lack the experience to make it work. But if you are a professional trader, futures trading will give you more chances to acquire profits because you have the knowledge and skills to make it work and happen.

However, for newbies who decide to resort into futures trading, the risk to lose is high compared to spot trading. My advise is, don’t rush into futures trading just because of its high promising profits but gain learning experience and skills first before you decide to take bigger risks when trading.

[mirakal]

If you trade simply relying on YouTube completely, you will really get burn with trading and end up like gambling. Most especially if we talk about futures trading, the risk to lose is high particularly if you apply leverage trading. That’s the reason why futures trading is not recommended for newbies or for those who have no enough trading experiences. Not only it will make you lose huge amount of capital, but it will also make you regret why you resort into futures trading when you can safely invest and hold long term.

However, we don’t hold the decision to every trader who wishes to take part in futures trading. But as long as one gets to trade cautiously, and knows exactly how to manage the risk in futures, then I guess it’s still fine to trade with futures as long as he’ll ready himself for future big losses.

[AnonBitCoiner]

It's obvious that no trading strategies or methods can be classified as gambling, we have discussed this severally and make some conclusions points that gambling is totally different from gambling and its obvious that gambling is something that deals with luck and it doesn't have skill as trading have skill when you misunderstood trading concepts or fail to understand it very well you will not make profit

Gambling and trading are very different from each other but when you are not capable of using your knowledge and strategies then it means that your are considering gambling and trading similar which is a big fault of most of the traders of crypto.

Trading is not difficult because strategies, skills and using technologies are those things which makes it easy and you will easily get for what you are working. You can enhance your efficiency with the passage of time and don't think that if once you fail you will always be a losser but evaluate your abilities and skills which will make you better trader one day.

[EarnOnVictor]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Futures trading is not gambling; the only similarities are the major risks of losing your money all at once
These are two different words with opposing meanings, yet if you are greedy, you will lose in both.

I am with you on the fact that gambling and futures trading are not the same thing, but I am not with you on the fact that they can both cause people to lose their money at once. Futures trading is business but when wrongly planned you get to lose money. But still, you do not lose the money at once unlike gambling, you lose it as the price of the market moves against you gradually. At this stage, you might even want to opt out and still keep the remaining money in your account. You might also want to withdraw it immediately or use it to try your luck next time.

But gambling is not like that, once you commit the money into betting most times, that is the end of it. You will only be waiting for the outcome of the betting good or bad even as your money has been locked, and if you don't win the bet, you get to lose all the money unless there are some promos and rebates/rakebacks that could be some forms of compensation for you. By this, anyone can know the one that is riskier, and I am sure from my experience of gambling and trading that they are not just the same thing unless the trader wants to deliberately gamble with his money. Even at that, the money can't be lost immediately unlike in gambling.

[yudi09]

Those who thought that trading was gambling were those people who never knew what trading was all about.

Correct. But not all.

In fact, there is no fortune in gambling but trading does if we want. As OP said MAYBE, it means that it was not certain yet and we can change that view if we personally know what it trading, not just knowing it from other people or these influencers. -snip-

Futures are one type of trading. Not all traders can carry out these trades easily because this type of futures trading is more complicated than spot trading which is easier for some traders to carry out. Not all traders can do the futures referred to by the OP.
The way it works is that futures trading may be like gambling, so people easily say trading is like gambling. Actually trading is trading and not gambling.
If futures trading can be done, the profits are also easy.

[AicecreaME]

This topic has been discussed here so many times but this is my opinion.

Gambling is much riskier for me, why? Well it is rigged most of the time. What I mean by that is it is designed for the house to win always, for the sake of their bankroll. You can play gambling in physical casinos and you won't even win, maybe you can, but that is just to lure you in even more, to make you believe that you have a chance to make a fortune.

While trading also includes risking your money in order to gain even more money, at least you're the one who can make it fair and you know the market action is not rigged like in gambling. You have a high chance of making profits in futures trading if you also have a high amount of knowledge that helps you produce solid fundamentals or technical analysis in trading.

[johnsaributua]

I wish you and your younger brother  patience in recovering from the loss of your brother, which was caused by self-taught learning from online and so boldly spent that much money, even though the goal was trading.

Trading is a broad and numerous instrument to date, for me there is nothing wrong with futures trading because there are advantages including borrowing capital (leverage) then if the trend prediction error is either a flash dump or a flash pump of course there is also a benefit? (other traders side). it can be interpreted that futures trading also brings prosperity. Look, the law of selling is buying if there is profit and loss is that normal? yes of course, that's where the role of take profit and stop loss.

Trading to save adn hodl (spot) if the technical analysis is wrong, of course the value of fiat decreases, although the decimal of crypto assets remains intact when selling, then when buying back the decimal unit will decrease according to the fiat that is owned, meaning that trading according to the exchange is at risk of running out even though not at once, indeed the advantage besides futures can wait for recovery but if in the future you can return capital in a short time of hours or days it might be better.

Candles are the same, the logic and scenario of each moment is the same, regardless of the type of trading instrument, I think the main obstacles are, understanding, managing capital, and experience. Prioritize strategy over expectations and visuals created by your own imagination. I think it will be very useful, also in the future there will be many trading instruments that may not be imagined today, if you blame technology and progress it makes no sense.

[cryptoWODL]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

There are many differences between gambling and trading, but those who fail to find the difference are essentially conflating the two. In fact, the prerequisite for trading is that you need to learn and understand trading. He made a wrong decision by trading futures. Some of my friends along with me once got addicted to futures trading but we earned quite a lot in the initial stage but later on we lost.
You said he lost $14,000 in futures trading, that's a lot to me. If he had a better understanding of cryptocurrency and Bitcoin, he would have invested in Bitcoin instead of futures trading. He could have bought many bitcoins at once with the amount of money he lost futures trading. Even if he had invested this amount of bitcoins for a long period of time, he would have got a much higher profit.

[Bushdark]

It's obvious that no trading strategies or methods can be classified as gambling, we have discussed this severally and make some conclusions points that gambling is totally different from gambling and its obvious that gambling is something that deals with luck and it doesn't have skill as trading have skill when you misunderstood trading concepts or fail to understand it very well you will not make profit

Gambling and trading are very different from each other but when you are not capable of using your knowledge and strategies then it means that your are considering gambling and trading similar which is a big fault of most of the traders of crypto.

Trading is not difficult because strategies, skills and using technologies are those things which makes it easy and you will easily get for what you are working. You can enhance your efficiency with the passage of time and don't think that if once you fail you will always be a losser but evaluate your abilities and skills which will make you better trader one day.

Anybody that want to gamble in the market would gamble and there is nothing we might do about it. It is very important for us to learn the skill very well so that we can utilize the skill and use it to make money for ourselves. Gambling is not as sin but sometimes we don't have to engage in gaming when we are trading because it can pose a big risk to our funds. People gambles too but we don't have to do it often because it can be a big loses for us that might not know how to go about.

[irhact]

Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Future trading isn't gambling but a form of trading that involves more risk and also have a high reward. Future traders are trading with leverage therefore they can make more profits and also make more losses. When you don't understand trading and you try future trading, you'll lose all your money very quickly and that's what happend to your brother. Some individual go into trading with the mindset that they're gambling and this make them to lose even more money.

If he had understood the market and didn't trade more money that he can lose, he wouldn't had lost everything. Your can lose everything when you're trading on spot market and have your stop loss set but he didn't do that instead traded on the future market with no experience and that made him to lose all his money. When trading, it doesn't matter if it's the future or spot market but you can repeat strategy and profits but you can't do that when gambling, that's one of the difference.

[justdimin]

No  trading is trading and gambling is gambling. Those two are different things.  Don't mix the two.  Your brother lost everything because he traded without understanding the situation in the market. It was completely due to his lack of knowledge.  If the market conditions are bad, you have to refrain from trading. Otherwise, all is lost for more greed.  If you are new to trading you should learn to be happy with little specially in case of future trading.

He knows this. And if you can read again, you may find, he only says that futures trading is a form of gambling. He is right with that though. Even with a proper understanding, futures trading is still risky but how much more without it? It is definitely a gamble. But, having a lack of knowledge is not an excuse to go ahead and just trade randomly. We can do better than this, and that is by learning it for a while.

Skilled traders can still trade even on a bad market. They already formulated a strategy for it although their income might only be smaller than the normal and better days. That's fine, at least they are not zero and it's better than if they waste their time on anything else that are not important.

[KingsDen]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading is trading. Future trading is future trading.

Gambling is gambling.

The question is: Is future trading risky as gambling? Yes. The higher the leverage the higher the risks.

As you have said, gambling is gambling while trading is trading. But there is a type of trading  that looks like gambling and that is futures trading. It is only in a rare case that I will say that futures trading is not gambling, and that is when an experienced trader is behind the screen. An amature future trader is simply a gambler. Infact, an amature spot trader is also a gambler. You do not gamble when you understand statistics and apply it in your trading. But once you know nothing about the charts and candlesticks and yet you are confidently trading, you can be considered a gambler.
OP, advice your brother's friend to buy and hold bitcoin and not to buy bitcoin with all his wealth. Everything should be done in moderation and we will have no cause to regret.

[nurilham]

Futures trading is gambling if you lack the experience to make it work. But if you are a professional trader, futures trading will give you more chances to acquire profits because you have the knowledge and skills to make it work and happen.

It is not only in futures, trading with lack knowledge is also like a gambling although you trade in spot. We all know that people who trade with lack of knowledge probably rely on guessing the prices. They don't use proper analysis to understand the potential of price moves in the future. But the difference is about the risks. In future, we may lose all money but in spot we probably decrease the amount of money.

However, for newbies who decide to resort into futures trading, the risk to lose is high compared to spot trading. My advise is, don’t rush into futures trading just because of its high promising profits but gain learning experience and skills first before you decide to take bigger risks when trading.

Future trading is not for newbies. If we are still newbies, it is better to focus on spot only. If we already get enough knowledge and experience in spot for some months or years, it is okay to try future with small funds. Don't hurry to try luck by trading in future with big money. Although it is not impossible to earn huge money due to luck factor, but mostly people fail to trade with luck-based way.

[TimeTeller]

Futures trading is gambling if you lack the experience to make it work. But if you are a professional trader, futures trading will give you more chances to acquire profits because you have the knowledge and skills to make it work and happen.

It is not only in futures, trading with lack knowledge is also like a gambling although you trade in spot. We all know that people who trade with lack of knowledge probably rely on guessing the prices. They don't use proper analysis to understand the potential of price moves in the future. But the difference is about the risks. In future, we may lose all money but in spot we probably decrease the amount of money.

However, for newbies who decide to resort into futures trading, the risk to lose is high compared to spot trading. My advise is, don’t rush into futures trading just because of its high promising profits but gain learning experience and skills first before you decide to take bigger risks when trading.

Future trading is not for newbies. If we are still newbies, it is better to focus on spot only. If we already get enough knowledge and experience in spot for some months or years, it is okay to try future with small funds. Don't hurry to try luck by trading in future with big money. Although it is not impossible to earn huge money due to luck factor, but mostly people fail to trade with luck-based way.

Spot or futures, both have the same inclination to gambling if the person doesn't know what he's getting into.
If you are a beginner, just get involve to lesser risk in trading like spot trading, however, you still need to learn and understand each project you want to get involved with.
And when it comes to futures, if you have no idea here, better not to divulge yourself as you will only liquidate your position fast.
Hence, most people are considering this type of trading as a high risk gambling. Because you will be on the losing end most of the time if you have no idea on this particular trading.

[ScamViruS]

Futures trading is for advanced level experienced professional traders who have a lot of trading experience and have enough knowledge about everything including money management. New traders who come to the crypto market tend to look for various short-cut ways to make quick profits, among which Futures trading is one of them. Trading and gambling are different things but when one trades using high leverage without any proper knowledge then that trading also falls into gambling.

And the addiction of futures trading is terrible, I once got addicted to this futures trading, I wasted a lot of money and time for which I still haven't fully recovered from that bad situation. So this futures trading should be avoided by normal traders, who gamble with high leverage in futures trading.

[batang_bitcoin]

I'd say that futures is really a gamble and that's why no newbie should touch it with big amounts of money that they can't afford to lose. Because if they do, it's even riskier than gambling because with gambling you can have your luck but with futures, no luck, no experience and analysis if combined, you're giving away your money and letting the market burn you on an instant basis.

[Mauser]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

It's hard to give a general answer here, but futures trading is definitely not gambling. Gambling is a complete game of chance where you play against the house, that has an advantage over you through the house edge. With futures trading you have a contract to buy a particular asset at a later stage in time, where you make a profit if the spot price is higher than your future reference price, or a loss if the price is lower. The higher volatility of futures comes from the leverage involved, you only put down the money for the margin account that is much lower than the spot price of the coin. Assuming that your friend lost so much money in a very short amount of time, he must have gambled way above his means. Without proper risk management, futures trading can lead to large losses. A buy and hold strategy is not really advisable for futures, because prices can change quickly. We should react with the price change and sit through large swings. Getting wiped out with futures and being forced to liquidate is devastating and should be avoided at all cost.

[Games.Bitcoin]

Trading and gambling are two different things. In gambling you depend on your luck. It's no chance of you winning or losing, which you don't know. But if you invest in trading you may get a good profit. But futures trade is a game of leverage. If you start trading with excess leverage without doing a good analysis and understanding about leverage, then you will surely lose. The calculation of futures trade is that the more leverage, the more risk.

[tsaroz]

Trading and gambling are two different things. In gambling you depend on your luck. It's no chance of you winning or losing, which you don't know. But if you invest in trading you may get a good profit. But futures trade is a game of leverage. If you start trading with excess leverage without doing a good analysis and understanding about leverage, then you will surely lose. The calculation of futures trade is that the more leverage, the more risk.

Well said but when people are risking something in expectation of a higher reward with not the result not in their control, it's a gamble.
In simple trading or investment, you can hold the coin that has lost its value in anticipation of it getting its ath on the next  bull run. But in future, there's no hope if things turned out a bit different than you predicted. Another similarity between futures trading and gambling is you lose all when things go wrong. There are variations on both where you get something back but it's minute.

[South Park]

I'd say that futures is really a gamble and that's why no newbie should touch it with big amounts of money that they can't afford to lose. Because if they do, it's even riskier than gambling because with gambling you can have your luck but with futures, no luck, no experience and analysis if combined, you're giving away your money and letting the market burn you on an instant basis.

That is what those people do not get, at least when it comes to gambling if that day was your lucky day you can score a big win, but when it comes to futures trading what matters the most is your skill level, and someone that does not know much about the markets will get trashed by the other expert traders in a relatively short amount of time, so regardless of what those people have read on social media, futures trading is a form of trading in which they should not engage.

[Distinctin]

Futures trading may only turn gambling if you actually trade without knowledge and experience. That way, regardless if it's spot or futures, everything will definitely end up with gambling. And once you trade with high leverage, without being good experiences in futures trading, you will only end up trading like gambling.

Hence, I don't suggest for everyone here who is starting to trade to engage in futures trading as it's highly risky and has a high danger of losing if you trade without sufficient skills and strategies.

[Yamifoud]

I'd say that futures is really a gamble and that's why no newbie should touch it with big amounts of money that they can't afford to lose. Because if they do, it's even riskier than gambling because with gambling you can have your luck but with futures, no luck, no experience and analysis if combined, you're giving away your money and letting the market burn you on an instant basis.

That is what those people do not get, at least when it comes to gambling if that day was your lucky day you can score a big win, but when it comes to futures trading what matters the most is your skill level, and someone that does not know much about the markets will get trashed by the other expert traders in a relatively short amount of time, so regardless of what those people have read on social media, futures trading is a form of trading in which they should not engage.

Trading is somewhat like a competition between ourselves and the market. If we can't trade good and the level of our trading knowledge is low, no way we can beat the market, we only just fail. Even though we have a lot of trading experience, we can't still guarantee that we never lose nor do we think that it all ends with a profit. If we have this kind of situation (whether it is spot or futures trading) we're not just gambling but we are doing this for loss. And I can't blame someone who would say that it was gambling and now relying on luck because that is the only thing he can do unless he enhances his trading knowledge and market approach.

[MusaMohamed]

Trading is somewhat like a competition between ourselves and the market.

I agree that trading is a complex fighting between us and the market, fighting inside ourselves as well.

If we can't trade good and the level of our trading knowledge is low, no way we can beat the market, we only just fail.

It's hard to beat the market and very few traders can beat the market. I don't think I belong to those genius traders so I decided to be a Bitcoin investor, hodler. The market grows, Bitcoin grows in price, I get benefit from the trend and get profit by holding.

Even though we have a lot of trading experience, we can't still guarantee that we never lose nor do we think that it all ends with a profit. If we have this kind of situation (whether it is spot or futures trading) we're not just gambling but we are doing this for loss.

Trading with Sport is risky but it is less risky than trading with leverages, futures. Trading with Futures, Leverages is more likely gambling and risk to lose is bigger a lot.

[Viscore]

For professional traders, futures trading is a big opportunity to gain instant wealth but for beginners, it requires specific knowledge and skills first, hence beginners when they tend to do futures trade, they mostly end up gambling knowing they have less or no experiences in futures trading.

Trading with high leverage will add more risks but the rewards are also worth the trades that’s why a lot of traders suicide to do futures trading but still end up losing because they lack the skills and experiences to succeed.

[Twentyonepaylots]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading is trading. Future trading is future trading.

Gambling is gambling.

Many will percept the trading as a gambling because of its definition "Gambling is a risky action wanting for a desired result" both of these requires money to do so but not necessarily mean that both are in the same category, that's why we have a term for it. Although this is in, the nature of money similar, we can argue that these things required different skills to have and not just with luck.  

The question is: Is future trading risky as gambling? Yes. The higher the leverage the higher the risks.

Yes it is. Leverage is not designed only for the traders to make more profitable, it gives more risky positions on both end. Traders should know how to leverage their trade especially when they are more than 50% see how the market will behave for a couple or days, weeks or months getting multipliers and turning to higher profits. Can we call that a gamble? given the risky side of it? No, simply because they aren't basing it on luck.

[Barikui1]

Futures trading a gamble? No I really don't think so, I feel that it's a craft that is more risky, which you must master before venturing into it. futures trading is more rewarding to those that knows the craft while gambling is mainly base on luck, so they aren't the same.

[cafter]

Snip

Futures trading or any trading which can people do online is gambling for those who doesn't understand how to trade and just speculate and trade without analysing anything and seeing the charts. And after losing the trade we know what happens they tend to take more risk to regain that lost amount same as gambling. But if the person learned about trading and know to stop when he is wrong. And if he is wrong most of the time then he should learn more about that. If someone knew about this and what your brother is doing then they should had stopped him.

[Richbased]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading is trading. Future trading is future trading.

Gambling is gambling.

The question is: Is future trading risky as gambling? Yes. The higher the leverage the higher the risks.

I like your answer, gambling have nothing to do with trading or rather future trading but basically all are risky. However, future trading is very risky because it might get to the date of agreement and you found out that the price of the commodity you wish to buy have increased therefore you may still need to pay extra amount regardless of the agreement you both had earlier so as days goes by that's how the price of goods and commodity increases so reaching and agreement on buying a commodity at a current price in the future may not really be ascertained.

[JariKriting]

the real gambling is option trading. there is just guessing the price goes down or the price goes up. and if the guess is wrong all the funds that are paired, aka at stake, are exhausted, aka there is no remainder at all. well that's really called gambling. while in futures it's not like that there is SL there is TP and if the wrong direction does not immediately run out of funds owned.
example binary option, iq option and more. and option trading license use gambling license

[Peanutswar]

... But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

At what particular age? most of the children who engage early in bitcoin without their own money is quite risky because once they earn a good amount of profit sure they will think that the crypto is a haven to create more money and become an instant millionaire, even me I didn't have those number of money and imagine makes use those to have an investment and get all burn those assets, I don't sure but seems like he made into a one pot those investments and get liquidated due to market volatility. Better if he makes and build his money first so the people around him will not be burdened again with their mistakes. Futures trading is not a gambling if you know already the background and how to execute properly the trend of the market, still there's a risk but you are not blank to the outcome of the market.

[Nrcewker]

Snip

Futures trading or any trading which can people do online is gambling for those who doesn't understand how to trade and just speculate and trade without analysing anything and seeing the charts. And after losing the trade we know what happens they tend to take more risk to regain that lost amount same as gambling. But if the person learned about trading and know to stop when he is wrong. And if he is wrong most of the time then he should learn more about that. If someone knew about this and what your brother is doing then they should had stopped him.

I don’t agree with you mate completely. Where there is high risk and high return, it can be considered as gambling. In futures, similar concept is used where you need to trade and make profit in each and everyday. Yes knowledge is also important, but market and luck also plays an important factor also. You need to be lucky to do the correct market predictions and make profits from it. So yes in short futures can be considered as gambling only.

[ajiz138]

I don’t agree with you mate completely. Where there is high risk and high return, it can be considered as gambling. In futures, similar concept is used where you need to trade and make profit in each and everyday. Yes knowledge is also important, but market and luck also plays an important factor also. You need to be lucky to do the correct market predictions and make profits from it. So yes in short futures can be considered as gambling only.

Does it mean that there is no difference in risky crypto investment with high returns can be considered gambling?
Then investing in low-risk gold is not gambling?

I would not consider futures trading as gambling especially if you say the luck factor of price prediction, still it is not a tool in analyzing prices they need several things to analyze the market or a coin that is being traded then the chances of profit will be greater.

If for example beginners do futures trading, then they do not understand then they can consider this future as gambling.

[cafter]

snip

yes, to get a edge, the trader need to learn many things about the specific financial instrument.
Like in stocks, the trader needs to analyze overall market trends, company's performance, financial indicators, and relevant news to make right decisions.
Also, in crypto and commodities or any other financial instrument, a thorough understanding of market dynamics, technological developments, and global economic factors is essential for profitable trading.
So it should not be considered as gambling, but if the trader is just speculating by seeing the price movements on charts and doing nothing and taking trades then he is gambling.

[Sanugarid]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Future trade and gambling are both risky but they are different, future trading is more risky than regular trading. Maybe you're just confused because they're really the same, especially with bigger leverage, the bigger the leverage, the bigger the risk.

[Maslate]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

[EarnOnVictor]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

You don't say what you do not know, trading and gambling are not the same thing unless you want to gamble with your own trading or you are just inexperienced, that's it. You just don't say that trading is gambling, just like saying business is gambling, it only depends on whether or not you want to gamble with your own business as there will always be professionals in the field of that business who know what to do and manage their businesses well without unnecessary taking chances (gamble).

And if you must know, the aspect of the financial market and asset trading that is gambling-related is Options trading, and in some places, they call it Binary Options. Yes, in that, you can choose between your Call and Put options and you will gamble the direction chosen against a specific time. That is specifically gambling, because if you predict wrongly, you lose and all of your money is won by the dealer, or should I call it the House this time?

But in trading, as the case may be, you can just lose all your money at once and immediately at a specific time on a single trade and you have the option to opt out of the market if you sense danger unlike how it is happening of gambling platforms, once you place a bet, you have committed the money and has agreed to win or lose.

[deathcode]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

for those new future traders, maybe we can judge it like that. because they don't master trading techniques and strategies that can increase their chances of trading success. New traders may just look at the charts and guess.
but it will be different for traders who are already professionals. Even though the predictions made cannot be 100% correct and profitable, in future trading they know how to reduce the risk of loss. and we can use that in future trading.
whereas gambling is just betting on your luck. the result is win or lose.
gambling and trading are different things.

[bettercrypto]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Nope, futures trading is not gambling. What you are saying is totally dangerous because he entered futures trading with zero knowledge, yet he tried to put his capital at risk here. Why does he think that futures trading is like gambling in that you can make a profit just by guessing?

You know and we both know that futures trading is not like that, because if we only have a deep idea and knowledge of futures trading, the chances of risk are low compared to those who have no idea here.

[synchronym]

Of course it's stupid of him because that's what happens when you trade without understanding X. Of course, if you don't have enough knowledge about Bitcoin, it's not right for him to trade with such big ricks just from watching it on YouTube. Because when I trade Bitcoin I must acquire enough knowledge about Bitcoin without having enough idea if I invest all my money in Bitcoin I will surely lose my money through it. Of course I feel bad for him. It must be very painful for him to have to sell his grandmother's land and pay off the debt after losing it by trading at the wrong time.

[Bushdark]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Nope, futures trading is not gambling. What you are saying is totally dangerous because he entered futures trading with zero knowledge, yet he tried to put his capital at risk here. Why does he think that futures trading is like gambling in that you can make a profit just by guessing?

You know and we both know that futures trading is not like that, because if we only have a deep idea and knowledge of futures trading, the chances of risk are low compared to those who have no idea here.

Since the market can be very different to analyse and determine what will happen in the market in the future. We need to seat well and learn how to trade the future market very well. Trading is not something we can just enter and start trading without having a full understanding of the market. The spot market and made it look like the Crypto trading is very easy and anyone can enter the market and trade without full understanding of the market and what could happen at anytime.

[AakZaki]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

[Twentyonepaylots]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple.

Basically, trading is just like that we are only guessing what could happen in the market, in any market but these guesses should be backed up with some historical movement although it doesn't always happen. One bad or great news can practically change in seconds. If you're new, just don't think that you learn everything overnight, it will kill you (not literally)

But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

Some people may find futures trading challenging given the risk it contains but let people who don't know it learn their lesson by going into it.

[ScamViruS]

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

Futures trading looks attractive until the trader opens a position, when an inexperienced trader opens a position and only then realizes how dangerous futures trading is. I know someone who lost all his funds in futures trading, even now he is heavily in debt. Futures trading is a highly experienced trader's place, there is no place for inexperienced traders except to lose funds. Small inexperienced traders tend to lose in futures trading because they take high leverage, and are not aware of proper money management.

[Kelvinid]

I'd say that futures is really a gamble and that's why no newbie should touch it with big amounts of money that they can't afford to lose. Because if they do, it's even riskier than gambling because with gambling you can have your luck but with futures, no luck, no experience and analysis if combined, you're giving away your money and letting the market burn you on an instant basis.

Do you mean it was more than we are gambling?
Well, just to carry over the risk in Futures trading and having an empty knowledge in doing this, it certainly will end up emptying our wallet and easily lose our money. It was just the same in gambling that we are now seeking for luck. But I don't it is right to say that Futures trading is gambling because the main concern now is the user. Even in spot trading, no way you can trade with empty knowledge nor go into war without everything, it simply just lose te battle and die. But if we totally equipped with knowledge and skills, earning a profit is not impossible.

[Lanatsa]

I'd say that futures is really a gamble and that's why no newbie should touch it with big amounts of money that they can't afford to lose. Because if they do, it's even riskier than gambling because with gambling you can have your luck but with futures, no luck, no experience and analysis if combined, you're giving away your money and letting the market burn you on an instant basis.

Do you mean it was more than we are gambling?
Well, just to carry over the risk in Futures trading and having an empty knowledge in doing this, it certainly will end up emptying our wallet and easily lose our money. It was just the same in gambling that we are now seeking for luck. But I don't it is right to say that Futures trading is gambling because the main concern now is the user. Even in spot trading, no way you can trade with empty knowledge nor go into war without everything, it simply just lose te battle and die. But if we totally equipped with knowledge and skills, earning a profit is not impossible.

When it comes to risks or really that trying out to compare into gambling then we can say that it is really that somewhat that near into that point on which it would really be that too risky for people on trying out
even if we do say that they do really have that standard knowledge about trading but even doing into those steps wont really be guaranteeing you that you would be able to succeed such venture
and this is why it wouldnt really be that so shocking that people would really be having that kind of losing rate when it comes on being liquidated. We do know that the market is really that unpredictable
and there's no way that we could really be able to know it easily on where it would really be going. Touch up futures trading if you do really know on how to trade well because even veterans on trading
wont really be having assurance that they could succeed on spot.

The only main difference comparing to those noobs and old ones is that they do really know on what they do, when it comes to risks management or factor then they do at least having that
kind of awareness on how volatile and how risky the market is. You wont really be that go easily with future trading career yet this isnt something simple that you could get a hold of.
As much possible then it would be best that you should really be sticking with spot first if you arent that sure on what you are really that indeed doing.

[Ben Barubal]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

   There are actually a lot of communities entering futures trading without knowing how to use it. Those who watched it on YouTube were immediately hyped by the profit shown by the influencers. They thought it was that easy to get in the future.

   Because if the investor only ventures into futures, it will come out that he is not a trader, but rather a gambler, because he knows nothing about the category he is entering here in the field of crypto space. So what usually results in the end is that the capital is burned and just goes to nothing.

[lixer]

Everything that lies in the future is certainly gambling. Most particularly for futures trading where trading made in the future most likely become unpredictable, which means you don’t hold fixed outcome when you trade on it. Also, engaging in futures trading for non-pros or non-professionals in trading will highly end up like gambling. For safer option, avoid futures trading when you think you are not that capable and skillful enough.

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

Yeah, you are right. But one advantage of future trading is that it allows you to trade with a big amount even if the original capital is small so you can test your strategies where a higher bankroll is needed.

I tried my hands at future trading and wasn't so successful but it was fun and it can be insanely profitable if you know how to use it and when to use it. For example, you sense that Bitcoin ETFs are nearing approval and the market will pump, in such cases, you can open a short position and earn huge. But of course, if the price fluctuates even a little bit you are at the risk of getting liquidated and it can happen within seconds based on how much leverage.

[FinePoine0]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Hi Bro, Sorry Future Trade
I went to future trading and transferred 2000 dollars fund saying that I will trade futures. And within 20 minutes of starting the trade, I looked at my $2000 portfolio and saw that I had added $700. And I was giddy with joy, and soon after the dollar began to slowly decline.  And after a while I looked and saw that my total was down from $2000. And a little later I refresh and next I see I have $1400 in total assets. And I cancel the order in the same way. And now I bring my dollars from there and put them in spot trading. And I vowed why I went into futures trading only to have my $600 vanish within an hour. So my idea about future training is proof that it doesn't take time to lose and it doesn't take time to open the forehead.

[Cryptmuster]

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

Trading futures without the proper knowledge is undoubtedly the same as gambling without the proper knowledge. Whatever you decide to do, you need to have good knowledge. It is important to understand that there will be losses in any business (trading or gambling), you cannot do without it, but if you have sufficient knowledge, then in the end you will be able to achieve a profit. If futures trading is too difficult for you, then you can try spot, if you lose more than you earn, then perhaps trading is not for you...

[G_Besar]

   There are actually a lot of communities entering futures trading without knowing how to use it. Those who watched it on YouTube were immediately hyped by the profit shown by the influencers. They thought it was that easy to get in the future.

I don't think there is a problem for people who enter futures trading after watching it on the YouTube platform, because it will also be quite useful for those who immediately want to trade futures after watching one or two shows on YouTube. Wouldn't that be much better than sitting around doing nothing after watching more videos on YouTube? Because useful knowledge is knowledge that can be used immediately after seeing it on any platform, even though at first there may be errors because this is due to their not being used to it.

   Because if the investor only ventures into futures, it will come out that he is not a trader, but rather a gambler, because he knows nothing about the category he is entering here in the field of crypto space. So what usually results in the end is that the capital is burned and just goes to nothing.

Actually, you also have to understand the stages of learning and the stages of trying while learning, because if someone is afraid to try after reading and watching a lot of things from any media. He will also never be successful because he will never get anything from what he has studied for a long time, so trying to do it after studying is a wiser thing than just keeping it in his head by not doing anything because he is still afraid of making a mistake or loss in trading.

[YOSHIE]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Spot trading, margin, futures, these three types of trading are almost the same, buying when it is cheap and selling when the price of the crypto being traded rises, For this reason, as far as I know, gambling and crypto trading have different issues and understandings, even though in both activities many people often experience losing money.

My understanding is that these two activities have different options and cannot be equated at any time, whether it is long or short term, I cannot find trading in the same direction as gambling.

[doomloop]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Putting your money into anything without understanding the basics and how it works can be termed as gambling. I think more than 50% of the crypto traders are gambling because they buy any random coin from the market and "hope" that it will do well. Similarly, people who are day trading BTC are buying and selling randomly without any analysis and is perhaps gambling.

When it comes to futures trading, it's extremely volatile and to an extent as risky as gambling. Futures trading is for those who have a lower capital but good skills about when to buy and when to sell.

I think some known gambling house allows trading with up to 1000x leverage and when a gambling site starts allowing trading it's clear that people are gambling in the name of trading.

[Huppercase]

Futures trading may only turn gambling if you actually trade without knowledge and experience. That way, regardless if it's spot or futures, everything will definitely end up with gambling. And once you trade with high leverage, without being good experiences in futures trading, you will only end up trading like gambling.

Hence, I don't suggest for everyone here who is starting to trade to engage in futures trading as it's highly risky and has a high danger of losing if you trade without sufficient skills and strategies.

With experience or without it, futures is gambling because there is liquidation and with that included, you risk losing everything. The way you don't have control over gambling result is the same way you don't have control over liquidation but you can manage it by either making more deposit or trading with cross margin so that you can have options to make more deposit incase you of liquidation but as a trader, do you intend to make more deposit into a cross margin when you want to make more money?

Trading on spot is like risking all you have in anticipation for growth but futures is something like you are betting with another trader that the price will come up or down while the other person is predicting that the price will come down or up. You guys are counter trading eachother and is who ever is correct among you too will be having a green PNL. I wouldn't advice any trader to do futures.

For professional traders, futures trading is a big opportunity to gain instant wealth but for beginners, it requires specific knowledge and skills first, hence beginners when they tend to do futures trade, they mostly end up gambling knowing they have less or no experiences in futures trading.

Trading with high leverage will add more risks but the rewards are also worth the trades that’s why a lot of traders suicide to do futures trading but still end up losing because they lack the skills and experiences to succeed.

The higher you risk, the high chance of you getting liquidated quickly. When I see traders doing 15x and 25x, I see it as a greed and nothing more. It's will give you a profit of 15-25x quickly because of traders with less capital but any sharp decline will take that small capital from you before you even blink an eye, even I'm to trade sophisticated trades other than spot, it's will be margin with 3x maximum, it wouldn't exceed that range.

[SOKO-DEKE]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

futures trading might be seen as speculative, similar to gambling.Although there are differences,Futures trading depends on market research, tactics, and risk management even though both entail risk. Investors, hedgers, and speculators utilize it as a financial instrument to control price volatility. On the other hand, careless conjecture or insufficient comprehension may result in substantial losses.

There are a number of reasons why a trader may lose all of their money when trading futures. Unexpected market events, poor market research, emotional decision-making, and high leverage can all be factors. Losses could be increased by poor risk management and an excessive dependence on speculating. A detailed grasp of markets, rigorous execution, and ongoing learning are necessary for successful futures trading. It is imperative that traders approach it cautiously, understanding the possible risks and using tactics to reduce them.

[God bless u]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Yes, this future trade seems to be gambling in the game because if you look, it gives you a loan as much as you have money in it, but it also deducts a percentage from the closed full account when you run out of money. If it happens, then what you have they will liquidate you, As long as with the gambling there is a lot of risk. All your money is in risk that is, you take a loan from them.

Loan means that you play this game on their money. For example, you are playing the game with their money and also with your own money, this will increase the interest you have, but the benefit will also be more for you, but you will also have to bear the loss more because in case of  Liquidation.

[shawonngp]

If you want to start trading like a blind person and without knowing anything about it, then everything will seem like to gamble. Not only future trading, you can not start spot trading without learn and research, how dare where he is started future trading and finally lost over 14k$, future trading is high risky method on crypto trading it's not like a joke.

[Questat]

Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan.

Trading futures without the proper knowledge is undoubtedly the same as gambling without the proper knowledge. Whatever you decide to do, you need to have good knowledge. It is important to understand that there will be losses in any business (trading or gambling), you cannot do without it, but if you have sufficient knowledge, then in the end you will be able to achieve a profit. If futures trading is too difficult for you, then you can try spot, if you lose more than you earn, then perhaps trading is not for you...

The sad thing is that many people choose Futures trading instead of experiencing spot trading first thinking that it was too easy and more profitable. Indeed, they realize that they are not capable enough due to a lack of knowledge and end up like they are relying on hope and luck like they are gambling.

A person who has no idea or knowledge of a particular thing will never succeed, they are just like gambling. It is just like we are throwing our money at the casino. That is why it is very important to asses our position before trading and tried to start building confidence in spot trading before jumping into Futures Trading.

[libert19]

I consider futures to be a double edged sword. As long you know what you are doing and stick with less than 5x leverage, futures can be a handy tool especially when you are low on capital and want to take advantage of particularly bullish market, however trading at high leverage is sheer gambling.

Also one thing that helped me lot in my life, is to stay away from thing unless you understand it completely, it saves you from lot of misfortunes. Will definitely be helpful for your friend.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

How did he lose all his dollars? Have you traded in futures? You should give it a try with $10 capital and 100x leverage, you will know. Lol.

[tygeade]

I consider futures to be a double edged sword. As long you know what you are doing and stick with less than 5x leverage, futures can be a handy tool especially when you are low on capital and want to take advantage of particularly bullish market, however trading at high leverage is sheer gambling.

Also one thing that helped me lot in my life, is to stay away from thing unless you understand it completely, it saves you from lot of misfortunes. Will definitely be helpful for your friend.

I do agree that knowing what you are doing is the hardest part, because not many people know what they know, and they think they know when they do not know.

I hope that we could end up with something that would benefit everyone, it is not going to be all that simple and we should be considering that leverage is something only the veterans can do, if they end up used by newbies then it could be exactly like gambling, it is all or nothing type of situation. I am not sensing anything major there, I do not think that it is an addiction that causes trouble as much as gambling so far, plus it is not guaranteed to lose because there is no house edge, you might lose, but you at least have a chance to win with leverage as well.

[blckhawk]

Not really, it's just a much riskier way of trading and just because the odds are about 50% win or lose doesn't mean that it's the same as gambling, it's not as mindless as gambling because you're going to need a lot of brainpower for the analysis of the charts and the pattern that the current market movement is showing. Also, the uncertainty to win your gamble in gambling is so low compare that to future trading where the chance of a win is the same with losing. To be honest though, it's tiring to argue whether trading or gambling is the same and in my opinion it's fruitless blabber to decide if it's the same or not, people have different ways that they see things and it's not like this debate would be world ending if it's not settled.

[MIner1448]

Here I agree with you, I know from futures trading that if someone doesn’t stop me or the balance doesn’t get close to 0, it’s very difficult to stop, especially when the market is very volatile or has become bullish. The main thing here is to know when to stop and keep a cool mind.

[ndutndut]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading means buying and selling, while gambling means betting. Trading is a money exchange transaction with a number of cryptocurrencies, there is a market and there are also these coins. Meanwhile, gambling does not involve exchange transactions, just betting, you spend or put in money but don't get anything and hope that throwing the dice or your guess will bring you luck.

But trading can be gambling, if you risk money but don't understand and don't do research first. but if the risk management is correct, in my opinion it is not gambling, then it is what is called calculative risk taking.

[Abhishek0.2]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

 it depends on how much you take leverage on, probably many do future trade on cross margin mode taking 5-19X leverage, better trade on isolated. The more you take leverage the higher chance to go on liquidation quickly. Implementation on stop loss required avoiding loss everytime. DYOR before putting your money on trading.

[Hamphser]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading means buying and selling, while gambling means betting. Trading is a money exchange transaction with a number of cryptocurrencies, there is a market and there are also these coins. Meanwhile, gambling does not involve exchange transactions, just betting, you spend or put in money but don't get anything and hope that throwing the dice or your guess will bring you luck.

But trading can be gambling, if you risk money but don't understand and don't do research first. but if the risk management is correct, in my opinion it is not gambling, then it is what is called calculative risk taking.

But we cant really be able to deny that when it comes to Futures trading then it would really be just that like gambling on where using up higher leverage isnt something that could someone
do able to cope up with such risks and on the time that you would be setting high with those bars then you are really that aware on whats the risks involved on which getting liquidated or would be able
to get that huge percentage profit if you do able to hit the right thing but if not then say goodbye into your trading capital. This is why its not really that recommended that
you should really be touching futures when you are still a noob, even into those old timers it wont really be a guaranteed thing that they could really be able to
hold themselves well on futures trading.

[bettercrypto]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

The difference between trading and gambling is huge. What I don't understand from other people is why they compare trading, which is also gambling. Most people know that this is not true. Trading should not be compared to gambling.

Before learning trading, you need to study it thoroughly, and the tools used here must also be known and learned. In gambling, even if you don't learn them, you can win a large amount if you are lucky because the income is not based on luck.

[Vaculin]

Futures trading creates bigger risk than spot trading. Hence, anyone who considers futures trading turns like a suicidal most especially for beginners who have less knowledge and skills when it comes to trading. When trading outcome turns into highly unpredictable, obviously it turns out like gambling. Even investing alone is a real gambling since you cannot assure your coins profitability due to its market high volatility.

[cute nmp]

In terms of the recent market situation i will really consider futures trading as gambling .Even with knowledge ,right strategy and a good risk management it is hard to make any good profit from the market instead one will keep on accumulating losses all the time . I don't know whether it is me or not the market are very hard to trade and make profits from recently .So in summary many will consider it as Gambling.

[stadus]

Trading alone is considered gambling for those who are not good in trading. While it offers higher profitability, but we all know that it could shift into higher losses if one decides to trade without proper knowledge and skills.

Most particularly for futures trading where the risk of losing is high, that could mean real gambling if you do futures trading even without mastery or expertise in trading. I'd rather go for spot trading where possible profits are mostly seen, but for futures trading, it could mean a high risk gambling for every regular trader that is not well-experienced enough in the field of trading.

[Riginac111]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

I don't think that bitcoin have any similarities with gambling because I know quite well that gambling have different things that it operate because I know quite well that gambling does not have a proper skill someone can learn and understand the protocols of gambling and also continuous winning gambling like trading. So with this concept you supposed to have known that trading acquire the friends skill which whoever that is into trading I have to understand the basic concept of trading before it can be able to make up anything profitable in Trading why in gambling it is not in that way it happened is all about luck and the way your love is not there you will not be able to win gambling because it does not do with calculation and it was not to do with a skill that someone will acquire.

So the different is very clear that the gambling is totally different from trading and the threading is totally different from gambling but some people see some similarities in them, so I know quite well that those similarities some people see is what makes them to conclude that gambling is like trading

[FinePoine0]

Here I agree with you, I know from futures trading that if someone doesn’t stop me or the balance doesn’t get close to 0, it’s very difficult to stop, especially when the market is very volatile or has become bullish. The main thing here is to know when to stop and keep a cool mind.

When a gambler becomes addicted, he doesn't care about his balance. The gambler is addicted until the balance is 0, he is new because his mindset will only focus on gambling so he should be patient in gambling. Patience always helps people to ensure the path to success.

[BabyBandit]

Maybe future trade is gambling

Trading is already one sort of gambling. Look at is as sports betting.
IE: Casinos we rely on 100% luck and nothing else. But sports betting we can actually do research and get knowledge and minimize the luck and increase skill (knowledge).
So for me Trading is already gambling. A "skill game" but not a "lucky game".

[Dr.Osh]

Well, I think it depends on how you do it. If you trade futures without doing research, and do it resignedly, then this will be considered gambling. However, quite a lot of people differentiate between these things. Apart from that, even normal trading is sometimes called gambling, so it all depends on how we look at it. However, if you have done in-depth analysis, and research, and are sure the price is what you think it is, then I think it might be worth trading. Because in gambling games, we only hope for luck.

[carbone9090]

Well, I think it depends on how you do it. If you trade futures without doing research, and do it resignedly, then this will be considered gambling. However, quite a lot of people differentiate between these things. Apart from that, even normal trading is sometimes called gambling, so it all depends on how we look at it. However, if you have done in-depth analysis, and research, and are sure the price is what you think it is, then I think it might be worth trading. Because in gambling games, we only hope for luck.

Absolutely agree with you. If you trade futures you must have some experience and you must have big amount of money to do this. If you have small amount of money and 0 experience you can start more safely with spot. I don't understand people with 10K$ deposit which use 50-100x leverage. Tooo risky. One moment you can loose all your money.

[lixer]

Here I agree with you, I know from futures trading that if someone doesn’t stop me or the balance doesn’t get close to 0, it’s very difficult to stop, especially when the market is very volatile or has become bullish. The main thing here is to know when to stop and keep a cool mind.

It means you lack patience and self-control because if you are trading like an addicted gambler who can't control the urge to gamble as long as he has funds in his account or wallet, it means that you lack the most basic thing required for trading, which is patience. You can't gain success in trading if you are impatient because you will always make improper trades and take the wrong steps which will cause you financial loss and at the end of the day, you will see your capital getting out of your hands.

When you get into trading, have a mindset that you are working and not gaming, trading is not a game, even though you might enjoy it more than a game if you are passionate about it and you know what you are doing and how things are done in the proper way which would make you earn money and who in the world doesn't enjoy earning money?

[Bravut]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the
 condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Futures trading isn't gambling.
Why he loss money was simply because he didn't have the knowledge about what he was doing.
Probably, learning from someone who isn't professional.
You advising him also to invest all his money into buying of Bitcoin is wrong.Financial advice should be at owners discretion than trying to persuade the person, sometime you didn't show him or profer solution why buying of Bitcoin was necessary.
My advice for him,is to learn and unlearn the shits he learnt.
Avoid over leveraging on account and follow the process rather than expecting to make a million dollar on a single trade.
Have the right approach and build an edge before thinking about to put his money into futures trading.

[Captain Corporate]

That's not it, I get what people are saying but at the same time I think its quite important to know the difference between gambling and trading. They may look quite similar at times but they are not the same. Futures trading without knowing anything could still feel like gambling because you are risking all your entry with something that has high chance for you to lose, and you are blind to it. However, even in that case, there is no house edge. The part where casinos have house edge makes all the difference because at trading there is no guarantee that you will lose, but at gambling it is %100 for sure that you are going to lose. So don't really do anything about it that could be similar.

[RewFrew]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Actually i am very shocked to know about your friend future trade history. Very sad. I also think future trade is also gambling. It is one kinds of gambling. I also lost huge fund from future trade. It's a curse most of people are being destitute.

Moreover he came future trade without proper knowledge. Not only future trade, also normal trade for all trade proper knowledge is very important. Without proper knowledge anyone can profit from trade even future trade.

[Tipeform$]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Comparing futures trading to gambling would be wrong if you compare it from one place to another. Since trading is trading, trading cannot be compared to gambling. Here if you gain enough strategy and experience in futures trading then you can reduce your risk with leverage X. If you can control x then your risk will be much less and you will save yourself a lot from loss from your futures trading platform. OP the guy you mentioned here couldn't set the right leverage x so he always lost on the futures trading platform. Here he should have set leverage on futures trading platform and use stop profit loss which he failed to do which is why he lost his money very fast.

[Julien_Olynpic]

Futures involve higher risks than, for example, spot trading. Perhaps this means perpetual futures, or maybe urgent futures. These are different instruments, but they are equally riskier than spot trading. The point is that profitable trading must have good price forecasts and competent risk management. Simply opening positions at random in different directions is not trading. This is a bad kind of gambling. Here a person opens a position and he must explain to himself what lies at the basis of his position. What are the reasons for opening a position? What market inefficiency is he trying to exploit? If there are no such answers, then it is unlikely that you will be able to make a profit in the long term.

[bayu7adi]

No, it's not gambling. It's just that futures trading carries higher risks compared to spot trading due to the leverage involved. The higher the leverage used, the riskier the trade becomes. After learning that the victim was a devoted YouTube viewer, I became convinced that there was a mistake in the trading strategy.

We know that even people with good strategies can experience losses, so what can we expect from a YouTube content creator giving it away for free? Starting on YouTube isn't a bad idea for beginners, but using high leverage and large amounts of money when you're just starting to learn is a fatal choice.

Blaming futures trading as gambling because of losses isn't wise. In fact, there's no connection to gambling at all. If you still rely on 99% luck in every trading strategy of yours, then maybe that's what you're equating to gambling.

[Luizwalter Crypt]

I think futures trading is a form of gambling. I saw the last six months report of a younger brother who is very close to me. He knows about crypto from my younger brother. He was taught the holding trade. Meaning, he was given an idea of how to trade on the spot. But he can learn about how to trade futures with the help of YouTube. And without informing my younger brother, he slowly started trading futures. After six months, the condition of his family became very bad. He was born in a middle class family. Later, the area was talking about his loss. I found out from his family that he lost around 14 thousand dollars trading crypto. I told him the last time I saw him to buy bitcoins with all his wealth. But he didn't hear anything. Later he sold his grandfather's land and paid off all his loans. Later I came to know from him that he knows about futures trade from YouTube and lost all his dollars by trading without understanding the value of x.

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading in general could be gambling and at the same time not gambling depending on how the trader approaches the market.

It becomes gambling when you open your trading charts, see a trade going one direction and without properly spending time to analyze the market just dive in to the market and keep an expectation of a certain amount of dollars you want from the market and keep praying the trade goes your direction to meet your demand then you close the trade. And most atimes even when it gets to your expectation you leave it thinking more would come and you begin to struggle with your emotions and atlast trades like this ends in lose.

But on the other hand it's not gambling when you Do your proper analysis and backed up with your trading plan and you open your trade position and set a sl and tp and wait patiently for the results.

So, to newbies it's gambling in a way but more like a game for professionals so we need to learn till it becomes part of us then success follows.

[BitcoinTurk]

Now my question is futures trade is actually gambling? Or how did he lose all his dollars?

Trading and gambling aren't the same thing but using high leverage in futures can turn trading into a gambling. For example, using 100x leverage results in twice the profit or liquidity on a 1% price movement depending on the position. In other words, although it isn't exactly the same, there will be a risk similar to high-low dice games and it will be possible to make money completely depending on luck (of course, the correct direction of movement can be determined with technical analysis but financial markets can also move contrary to expectations). On the other hand, using leverage between 2x and 5x is a very good advantage especially for individuals with low capital and it isn't a gamble because the slightest movements in prices don't cause these positions to become liquid or gain several times in a few seconds.

In summary, I can say that futures transactions aren't gambling if the correct leverage is used and technical analysis of the traded financial product is made but trading a financial product with randomly and high leverage without technical analysis is gambling.

[I_Anime]

Well future trading and gambling are literally two different thing. When you have good knowledge and principles on how trading works your way of trading won't be taken as gambling, but in a scenario when an individual have an half-size knowledge about trading and have this crazy mindset that trading is a get rich quick scheme.

Which may lead to you being reckless when it comes to trading, using uncontrollable leverages in order to keep on to that mindset of yours that trading is get rich scheme. And doing in so you may endup losing alot of your funds either by cutting losse at the wrong time or getting yourself liquidated due to the use of high leverages.

That why keep telling those that are new to the field of trading to not start their trading journey with future trading, but to first start by exercising spot trading first to gain more knowledge with lesser risk attached it. With that you be able to know how to manage your risks .