Maybe future trade is gambling

[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.