Isn't trading almost like gambling?

[Marvelockg]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

[1714992924]

1714992924

[1714992924]

1714992924

[domiin]

He will loose it all with this approach.

Tell him to do long term investing instead. However, I feel that he will learn only after loss and you trying to save him is not going to have much impact. Different people but same outcome all the time.

[Oshosondy]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Trading is not gambling but the risks are almost the same. They are very risky. Most traders are losing. So we can say trading is like gambling.

Some people are good and have strategies to make money than losing. Trading is not the same as gambling for people like that. But generally speaking, trading is like gambling.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

A trader should not think about recovering from losses because it is not good to think about losses as it can lead to more losses. He should consider ways to make money and not having losses or a way that the profit will be more than the losses as he continues to trade.

If he continues to trade and not making money from it, he should quit.

[Dunamisx]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

This does not still qualifies trading as gambling, there are many other things we can get into by taking risk on their investment and we run loss, what we should do is to possibly check in the risk factor on anything we are going into before we get started, can we afford to take the risk in them, we shouldn't be only focused on the profits aspects, its a two edged sword, whereby we can loose or win by making profit, i think he just maybe have to taste the bit of his lesson in other other to prepare well for other things in life either as he continues in trading or in other investments in life.

[lovesmayfamilis]

I would still give preference to trading, since a person, even making mistakes, will do his own analysis and learn by gaining experience. I am sure that successful traders have a good experience of success and mistakes, after which a person consciously takes risks, acting on his established strategy.
When gambling, a person runs the risk of becoming addicted, the way out of which can sometimes be very difficult. Is it possible to plan your winnings?
This topic has been discussed for a very long time. https://bitcointalk.org/index.php?topic=5459424.msg62534957#msg62534957

[franky1]

short term is like having a bet on up or down.. betting red or black

however long term is safer where there are fundamentals you can look for to judge if price based on long term is near value or near premium to gauge potential direction giving it time.
also ontop of that is the market cycles that pay off in the long run..

but yea short term trading is gambling. especially if your greedy to not want quick 1% profits and rationalising it

EG imagine you only want 20% gains per year (better then banks)
thats like making an order and then setting a positive sale price. letting it sit at 1% profit position waiting for upto 18 days and just taking the 1% when it hits in that time. and repeating that 20 times
(markets move by more then 1%, but the point is just taking 1% every 18 days adds up to a 20% gain)

however trying to leverage using loaned coin trying to 200% in under a day. knowing if it goes negative you need to cut your loss and force a sell to avoid massive losses.. is just a bad bet. also refusing to sell at 20%-199% because you just want that 200%+ number is another extreme foolish level of gambling

[Z-tight]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Trading is risky, just like gambling; and with the both of them you cannot be sure of what will happen and if you will lose or earn money, so there are similarities with the both of them. Skills is also important, if you have trading skills, you'll surely be closer to earning profits that someone who does not know what they are doing, however, some people also believe that gambling requires skills too. So i think this question is subjective, some people would agree that the both of them are almost the same thing.

Take note that you can lose money in many things, even in investments that people think is less risky, it all depends on how knowledgeable you are, and how much risk you are ready to get exposed to.

[criptoevangelista]

Trading professionally requires qualifications, a lot of dedication and a lot of study, it takes years to achieve the desired consistency in operations. Maybe it takes as much or more study than medical or law school, other than that, it becomes a casino and luck, just see that 99% of day traders ultimately lose money.

[btc78]

I don’t think so. Gambling plays in pure chance. There’s really no strategy involved nor there is some kind of mathematical or even historical patterns to follow. However, with trading an investor can mitigate risks by following historical patterns and setting entry and exit points.

Honestly your friend lost a lot. One could regain it all back if invested in the right coin but since we are talking about bitcoin, he can definitely regain it all back if he just held it for longer. Altcoins are far better options for trading because of its volatility.

[mirakal]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Trading is risky, just like gambling; and with the both of them you cannot be sure of what will happen and if you will lose or earn money, so there are similarities with the both of them. Skills is also important, if you have trading skills, you'll surely be closer to earning profits that someone who does not know what they are doing, however, some people also believe that gambling requires skills too. So i think this question is subjective, some people would agree that the both of them are almost the same thing.

Take note that you can lose money in many things, even in investments that people think is less risky, it all depends on how knowledgeable you are, and how much risk you are ready to get exposed to.

Trading is like gambling since it can also be a game of chance. Even if you’re knowledgeable and skillful enough, but you’re out of luck, I guess you won’t still end up winning your trades. That’s why it’s hard to win in trading, same like gambling, wherein you will endure more often with losses than gains. However, if we compare between trading and gambling, I still see trading having more potentials of winning and making profits. But of course, this only goes for professional and skillful traders, but for those who are still learning the process of trading, most likely they often lose like gambling.

While trading and gambling can be both risky and hard to win, but we often see a lot of people trying their luck in gambling as much as in trading, where you can always increase the opportunity to be in profits if you are using risk management techniques and you are more patient and disciplined.

[highalch]

Not your perfect astrological take on indicators when you YOLO your life savings into a 50x degen bet, and not your ultimate gambling strategy either.

In the end, it's the time that makes you money.

[bobbybkk]

I don’t think so. Gambling plays in pure chance. There’s really no strategy involved nor there is some kind of mathematical or even historical patterns to follow. However, with trading an investor can mitigate risks by following historical patterns and setting entry and exit points.

Honestly your friend lost a lot. One could regain it all back if invested in the right coin but since we are talking about bitcoin, he can definitely regain it all back if he just held it for longer. Altcoins are far better options for trading because of its volatility.

I agree here. For example buying stocks in companies.

If you flip a coin and base on the outcome of this the decision to buy or not to buy, you are gambling. Like betting on black or red when playing Roulette.

If you do some research on future trends and the details on the companies finances and come to a conclusion about the possible risk, then you are trading based on your view on this specifc company. In case your investment goe swrong, you can analyse the reasons and improve your decision making process for the next trade. Over time you can improve to a dgree that allows you to make serious money.  But at the beginning some losses are to be expected....

Just a suggestion: Measure you success in percent profit     Then start trading and gaining experience with little trades.  So the losses will be very llimited in total amounts.

Once you manage to make good profits over a longer period, you can increase the trades in total amounts involved and pocket the high profits....

[abramovf]

There are many common traits between gambling and trading. Like both the activities are very addictive. Also, it is true that majority of people in both these activities will loose money at the end of the day.

However, let us see how is trading different from gambling. In trading, one has to apply logic and techniques based on past behavior. It is not random but actually a science which can be mastered with practice.

[portod]

Step 1
You trade for $200 and loose it all.
Step 2
Next time you trade for $400 to recover it all.

Conclusion: You are a gambler and not trader confirmed.

[Natsuu]

Makes sense. Trading is kind of like a mix of strategy and risk, not just pure luck like gambling. But yeah it can be uncertain. Recovering from losses means tweaking tactics, maybe trying less risky stuff. Suggest to your friend to mix it up, not put all eggs in one basket and maybe take it a bit slow to balance out the gains and losses. Learning from mistakes and staying flexible is the key in this game

[NASdaq]

Trading is almost like gambling but here you can make more informed decision in hopes that this will increase your win rate

[demonica]

They do have similarities in some aspects especially the involvement of risking money. Trading is very risky that it could make you lose all your money in short span of time, the same possibility in gambling. Though both also requires luck, but it has differences. You can gamble by only relying with your luck but in trading, luck is one thing but it requires deep understanding and studying the market. You can't just start in trading without learning the basics of trading but on the other hand, you only need to know how to play the game in gambling.

Trading is more technical than gambling. A normal person can enjoy gambling but may see trading too complicated and may not enjoy trading at all.

[Blitzboy]

Like gambling, trading's unpredictability carries a high loss risk. A clear distinction exists. Unlike gambling, trading requires research, analysis, and strategy. Despite its severity, your friend's loss is part of trading's learning curve. Remember that every trader has lost. Lessons learned are as important as money lost. Could your pal get $5,000 back? Absolutely. Not simply optimism, but a reality based on learning from past failures, adjusting strategy, and applying new insights.

Losses, recoveries, and gains are all part of trading. Patience, study, and strategy conviction are needed. Trading isnt gambling. With the correct mindset, recovery is probable after a calculated risk.

[Upgrade00]

There is an element of gambling in any investment where you put in a certain amount of money with the expectation to make more later on. You cannot predict the outcome and have to rely on your experience and expectations.

Trading involves a lot of gambling and split second decisions, so it's more of a gamble than most other ventures, especially when you don't know what you're doing and only trade cause it's popular.

[GeorgeJohn]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge,

so many of us have explained this severally concerning gambling and trading so it is very different things that you supposed to know the differences by now the thing that looks as if it is the same similarities is the risk in Trading and also in gambling when you compare both of them you will see that they don't have the same structure.

So let me break it down the differences so that all the beginners will understand the difference between gambling and threading because most of us we always mistake gambling to trading because of the risk which is involved in both of them, trading have to do with skill acquisition why gambling does not this with much skill in order to make a good profit in gambling it is a game of lock and it is a game of opportunity so you cannot compare gambling and the trading because of their losses.

[Rockstarguy]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

Trading can be consider to be gambling when one doesn't have any knowledge of trading but trying to trade just to make money in trading.  People plays gambling by predicting and can't really tell what will be the outcome of the result. When people trade and do not know what they are doing it can considered to be gambling and not trading .

Trading is an act that people must learn to have knowledge to know what they are doing.  Their are risk in trading but the risk in trading can be reduced by gaining knowledge,  but people play gambling and expect to win by luck. In trading it is impossible to gain profit or expect profit just by luck. Trading is all about learning for profit to be achieved,  so I think if have the mindset that trading is by luck do not make mistakes going into trading because you may end up regretting the decision you took.

Trading is not gambling,  trading works well by the knowledge and experience you have. Many who thought that trading is just like gambling ended up losing a lot of money in gambling.

[Smack That Ace]

it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

This is also happening in your daily life. When you apply for a job, are you sure that the company will hire you? Or when you study and work hard, are you sure that you will have a rich life in the future? Basically, our lives are a gamble because no one can be sure and know what will happen in the future. Furthermore, as you said, you do not understand anything about trading, financial markets, bitcoin... nor do you have any knowledge about it, so on what basis do you think it is similar to gambling? You should not jump to conclusions about anything if you know nothing about it.

[Alana Arden]

Making money in any investment requires risk. Both trading and gambling involve a lot of risk. But business is not gambling; business is mastered. Trading is considered gambling only when one has no knowledge or experience in trading. But gambling must be left entirely to luck, where no skill or trick is of much use. On the other hand, apart from luck in trading, you need deep research, market understanding, skills, and knowledge of different strategies.

[moneystery]

basically trading and gambling are two different things, trading is an activity to seek profit where a person uses analysis on a market, while gambling usually involves luck and people who gamble are to get money in a short time. however, people who trade can gamble on their decisions if they take a crucial decision with high risk and ignore the factors they usually use.

indeed, to lay people trading and gambling seem the same, but fundamentally the two things are clearly different.

[Millinillion]

Technically, if you use a good strategy, indicators, and timing, trading has nothing to do with gambling. However, some people don't have enough patience or knowledge, so they are basically gambling instead of trading, especially when they trade futures with big leverage.

[GeorgeJohn]

Technically, if you use a good strategy, indicators, and timing, trading has nothing to do with gambling. However, some people don't have enough patience or knowledge, so they are basically gambling instead of trading, especially when they trade futures with big leverage.

why some people are comparing gambling with threading is because of both of them experiences same opportunity and same time experienced losses, from my perspective as I narrated before we don't need  to equate both, let us bear in mind that gambling is out more disadvantages trading trading, because trading is something that you can control it measures of disadvantages why gambling you cannot control it measure of disadvantages because you don't know what to do at the point in time when you want to venture into loss you will not understand the procedures to by cut it not to venture into loss.

[Sim_card]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading is not gambling because someone can learn trading and become a professional trader, when he has known the strategy that he can use to make profit in the market. But there is no professional gambler, as you will keep on trying to learn gambling, and come up with all sort of strategy so that you can win the game, but if it is not your lucky day, all effort will be in vain. Trading is not based on luck, but more of skills. However, trading and gambling are similar in terms of the risk involve. This is because you are trying to predict the price movement of bitcoin in a short time, and they both involve messing with our emotions. Gamblers lose more than they win, same with traders that are not a pro, they lose more than they win. A lot of newbies go into trading without any knowledge of the market, making it more of gambling to me than trading.

[Wiwo]

Aside from the risk differentiation,  trading and gambling have nothing to be compared to each other and in fact, both are of different classes,  but because of the risk of losing almost everything that is available in both,  we tend to make the presumption that trading and gambling are the same,  but if you give a further close look to both,  you will discover that trading has it own unique feature and it more or less an asset purchase where if you don't gain,  you still holds the asset,  but gambling is like an air where you are given balloon money which can either boost 100% or you win all.

In trading, you can't lose 100% but in gambling, all your money may be gone within a second,  most especially in games that don't offer you available cash-out.

[Millinillion]

In trading, you can't lose 100%

You can. If you're trading futures with big leverage you can get liquidated and lose everything. Same thing if you do spot trading, you are exposed to a rug pull no matter which asset you're trading.

[Rruchi man]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

Your friend does not seem experienced in trading currency, commodity and cryptocurrency. Instead of trying to trade Crypto and then trying to trade forex at the same time it's better you train just concentrate on one type of trading.

Trading is different from gambling because trading is a sustainable skill that you can depend on to make income but not gambling because with gambling especially when gambling on games that demand luck, it is not a sustainable source to depend on for income, and there are no guarantees that you will get better with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade.

To have a successful trade requires more than just positivity. It requires a lot of strategy and skill, and so far what I can tell is that this your friend lacks both of them because just positivity is not enough for him to win back the money that he has lost. He has to stay away from trading for awhile and evaluate his strategy, talk to a few people who are more experienced than he is in trading, so they can help him become a better trader with some tips.

[Gladitorcomeback]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

You want to put trading in gambling in same category which is not true. both may have some similarities like uncertainty and the potential for both gains or losses but they are totally different from each other.

Trading involves carefully analyzing market trends,l where you will employing strategies based on your research and deep analysis. Similarly your will manage risk through various techniques such as stop-loss orders and other tools like position sizing.  successful traders trying manage their portfolios over time.

On the other hand if we see, gambling totally relies more on chance or luck with outcomes determined by random events rather than analysis or skill which is key factor of trading. In gambling, the odds  stacked against the other player.  Im gambling there is no control over the outcome.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Yes if your friend have good amount of money than he can recover. I lost 1200$ some days ago and then recovered in 24 hours.

[Mpamaegbu]

Step 1
You trade for $200 and loose it all.
Step 2
Next time you trade for $400 to recover it all.

Conclusion: You are a gambler and not trader confirmed.

Yes, that's true. It's called revenge trading. Those who do it are likened to gamblers. However, that's not how trading works. Trading is premeditated on exchange of one goods/currency for another unlike gambling. Those who liken it to gambling do so because it carries losses too as if there's any business venture that's free from losses. Traders shouldn't shy away from embracing it whenever it comes.

[gabbie2010]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading is a complete different ball game compare to gambling though both requires analysis before taking a decision, however trading both crypto and forex trading is an art that requires acquiring some valuable knowledge before becoming a consistent and profitable trader it's a lot of years of experience to become a profitable trader I believe that is why your friend is determined and insistent on trading though he is trading the most volatile pairs gold and BTC, I believe it's because he had already lost $5K that is why you classified trading as gambling, it is very possible that he would recover his lost fund, personally I will choose trading instead of gambling being a trader myself as well as a soccer gambler.

[AmoreJaz]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading is a complete different ball game compare to gambling though both requires analysis before taking a decision, however trading both crypto and forex trading is an art that requires acquiring some valuable knowledge before becoming a consistent and profitable trader it's a lot of years of experience to become a profitable trader I believe that is why your friend is determined and insistent on trading though he is trading the most volatile pairs gold and BTC, I believe it's because he had already lost $5K that is why you classified trading as gambling, it is very possible that he would recover his lost fund, personally I will choose trading instead of gambling being a trader myself as well as a soccer gambler.

Trading will only be like gambling if you go into this activity without any weapon to use, like your knowledge about the market, the coins you want to trade with. It is like you are jumping blindly here. But if you will employ your experience, your knowledge about TAs, and have good background about the projects, I believe you have a better chance on this aspect of crypto business.

In gambling, especially if you play on luck-based games, you only need luck to win. Whereas, in trading, you need knowledge, skills, and strategies to win or earn profits. Meaning, it is not all about luck to come out alive in trading. However, ask yourself if you are up to this kind of game, the stress and the sleepless nights just to make an analysis of what's going on with the trading market.

In trading, if you won't give up early and instead hone your skills and knowledge, the possibility to recover your earlier losses is I would say very high. Because as you go thru your trading journey, you will understand more about the market and so you can deploy your own techniques to gain profits. At this time, you are not relying on your luck anymore but on your knowledge and tactics about the market.

[Nrcewker]

You can definitely say this. Trading is like gambling only, but there are differences also. Gambling is considered as game of luck. Whereas trading can be considered as game ok skill along with luck. The only criteria where to you can consider both as same is the risk taking feature. In both cases we put money on stake, and take risk to make profits. So if you think like that, then yes gambling and trading are similar. Hope, your friend recovers the money soon.

[Wind_FURY]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

It is gambling, and in the right context, LIFE is a gamble including something simple like walking out of your house. You simply don't know what will come next in your life.

In the context of trading, it's either a calculated gamble, or merely careless risk-taking.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

"Easily" depends on the size of his capital. If $5,000 that he lost is just 1% to 5% of his trading capital, then definitely he can easily recover his money back. But if that $5,000 is months of savings from his salary, then there's a very high probability that he will never recover all that loss back through "trading".

[JayTrain]

In my experience, trading in forex and cryptocurrency markets can be risky, especially for those lacking sufficient knowledge and experience. Losses, like the ones your friend experienced, are not uncommon and can be part of the learning process. However, it's important to learn from such mistakes and reassess one's strategies. Some may view trading as a form of gambling, particularly when done without adequate market analysis and understanding. Success in trading typically requires strict discipline, careful planning, and continuous learning.

[leonair]

Such topics have been created before and have been discussed a lot. Trading is very risky, but when one does future trading or leverage trading, it becomes more dangerous because the more leverage is taken, the more risk there is. And since in cryptocurrency no one can guarantee what a coin's price will be when, a wrong entry can easily lead to zero balance very quickly. It's really work like gambling. So it should be avoided by those who cannot afford to accept its risks and losses

[kojektea]

the risks of trading and gambling are almost the same, because of the uncertainty,
but it applies if you trade short term, it doesn't apply if you trade long term, it's very different,
Usually short-term & future trading is carried out by people who already have skills in market analysis.

he can return his capital, but not instantly, he has to be patient with the process

[Hamza2424]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

As you've mentioned you found trading a bit complex and if you are finding it complex means you don't acknowledge everything that's the reason you are saying that isn't trading like gambling to remove this a small difference between the trading and gambling borderline you need to learn about what trading is and how works, you need to learn about market, trading terminologies, and other skills related to trading.

First of all trading without knowledge is gambling and on the ending node I would like to say we've already discussed such gambling vs trading topics many may times and there's no room to discuss the entire topic against for that OP you should consider searching those topics and making efforts to learn about your queries from those topics and discussions.

[Franctoshi]

Your approach towards the market determines the results you would get, there are traders who gamble in the market thinking they are trading, when you don't have a rule base strategy that you follow, simply you are gambling and not trading, plenty of traders don't have trading plans, and when they lose money they will come back and say that trading is gambling, but if you enter the market with the right approach, usually you will be in the winning side.

[kentrolla]

Your approach towards the market determines the results you would get, there are traders who gamble in the market thinking they are trading, when you don't have a rule base strategy that you follow, simply you are gambling and not trading, plenty of traders don't have trading plans, and when they lose money they will come back and say that trading is gambling, but if you enter the market with the right approach, usually you will be in the winning side.

Thats exactly the reason why we have more losers in trading than winner as they are unable to distinguish between trading and gambling as they assume they are trading but any trade without a proper strategy is plain gambling. I think nowadays people have finally started taking technical indicators and charts seriously compared to past. But, we miss out an important aspect what made them think they can trade without strategy? I think they think if a coin dips it will pump and vice versa hence we are zeroing it down on lack of knowledge for this blunder.

[the rise]

in terms of risk between short term trading and gambling is almost the same, but you equate gambling and trading is wrong, because trading requires skill, different from gambling such as dice, slots which do not require anything to play just in one click you can see the results with fast, if your trading prioritizes skill over luck

[_BlackStar]

in terms of risk between short term trading and gambling is almost the same, but you equate gambling and trading is wrong, because trading requires skill, different from gambling such as dice, slots which do not require anything to play just in one click you can see the results with fast, if your trading prioritizes skill over luck

Trading can be considered gambling when you just buy without knowing what you are doing. Assets move in all directions influenced by fundamentals, both positive and negative news. Without analysis - a trader only relies on price volatility and luck to make a profit, it can be considered gambling, but trading and gambling are so close that only your approach will differentiate.

Even though gamblers have a risk tolerance - but they tend to fail to manage their risks well. Gamblers also do analysis - especially in games such as sports betting, but gambling and trading are really different, especially when looking at the goals and motives of each enthusiast.

[Hypnosis00]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

It is gambling for a trader who doesn't know about trading and just relies on luck not on their knowledge and skills.
It is gambling for a person who never knows what are the things needed. And this somewhat happens in real life as most traders enter the market with no idea.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Uncertain, maybe he could if he changed his strategy and improved his skills. But if not, instead of getting back his money, he even loses more. There is nothing wrong with chasing those losses in trading but if we make no changes, we only fail. In this case, it is better to quit trading and find other ways to earn money rather than hoping for this as it never works exactly to what we wanted.

[kawetsriyanto]

Isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Basically, trading is different than gambling. Sure, there is no guarantee for profits but we can increase the chance for taking profits if we have good knowledge. When we have good knowledge, we understand which strategy/tactics will be effective for our trading. We also can choose the most potential coins for trading and we know when the right time for entry-exit. In gambling, whatever the tactic and how good your knowledge may have no impact on the result of gambling. It is because most of gambling games only rely on the luck.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

It depends on how he trade. If he got a lesson and he improves his trading strategy, he may return the money in few months. But if he only trade in the same way, I doubt he can recover the losses. 

[Finestream]

Your approach towards the market determines the results you would get, there are traders who gamble in the market thinking they are trading, when you don't have a rule base strategy that you follow, simply you are gambling and not trading, plenty of traders don't have trading plans, and when they lose money they will come back and say that trading is gambling, but if you enter the market with the right approach, usually you will be in the winning side.

Trading without understanding how it can be done rightly and successfully is a complete gambling. Yes you are trading, but when you trade with uncertainty and you keep on losing for a quick period of time, it’s clear that you are trading like a gambler. You are trading not because of mere profits but you are trading because you are knowledgeable and skillful about it, and you have varied strategies that you have been working just to create your trades more successful and profitable. Otherwise, if you don’t see trading this way, most likely you are gambling.

[Assface16678]

No, gambling and trading are totally different in terms of their aspects. In trading, you can increase your chances of earning through analysis or doing technical analysis or things that could help you predict the movement of the market. Indicators and signals are some of the tools that can be used, and of course, you will use your mind and skills that you could develop in trading over time. At least in trading, you are not doing that thing aimlessly.

While gambling, although some games require skills and mind, the thing is that your winnings could be based on luck, and there is no guarantee that you could win. Yes, gambling and trading are the same in terms of losing money. If you do them without caution, you might lose more than you earn. And lastly, gambling cannot be considered a source of income, while trading can be at some point if done correctly.

[freedomgo]

No, gambling and trading are totally different in terms of their aspects. In trading, you can increase your chances of earning through analysis or doing technical analysis or things that could help you predict the movement of the market. Indicators and signals are some of the tools that can be used, and of course, you will use your mind and skills that you could develop in trading over time. At least in trading, you are not doing that thing aimlessly.

While gambling, although some games require skills and mind, the thing is that your winnings could be based on luck, and there is no guarantee that you could win. Yes, gambling and trading are the same in terms of losing money. If you do them without caution, you might lose more than you earn. And lastly, gambling cannot be considered a source of income, while trading can be at some point if done correctly.

Gambling and trading are alike, yet different from each other. While trading and gambling can both endure quick and consistent losses, if you execute them with greed. However, if you are just following the basics in trading and you do it with patience and consistency to learn and develop your skills, your trades will be done with full of efforts, most likely you will gain a successful trading outcome. Once you succeed and become profitable with your trades, you are not doing it like gambling anymore, but you do trading because you have the potentials to succeed on your craft.

[Sanitough]

in terms of risk between short term trading and gambling is almost the same, but you equate gambling and trading is wrong, because trading requires skill, different from gambling such as dice, slots which do not require anything to play just in one click you can see the results with fast, if your trading prioritizes skill over luck

Some gambling games also require skills more than luck. But since the casino has always an edge over its players  and the casino house should always be on the winning side, the chances to gain profits is still low. Although some are winning exceptional amount of profits, but eventually when the gamblers stay betting, the casino will also get it back gradually until those profits have turned into zero.

However, in trading, skills and right strategies will always dominate a positive outcome. If you are a well-experienced and an expert trader, the chances to stay profitable is certainly high, but also since the trading market is quite uncertain and you have no idea how the prices of those coins move in the market, at least you still need quite of luck to stay successful on your trades.

[boty]

Gambling and trading are alike, yet different from each other. While trading and gambling can both endure quick and consistent losses, if you execute them with greed. However, if you are just following the basics in trading and you do it with patience and consistency to learn and develop your skills, your trades will be done with full of efforts, most likely you will gain a successful trading outcome. Once you succeed and become profitable with your trades, you are not doing it like gambling anymore, but you do trading because you have the potentials to succeed on your craft.

By following the basics of trading and also developing skills in trading, we will certainly be able to become experts in trading and we will be able to minimize the possibility of losses that we will incur from the trades we make so that we will be able to gain profits from these trades, but very different from gambling, no matter how often we gamble and if we don't have luck in gambling of course we won't be able to win the gambling because we will lose in gambling if we don't have luck and if we gamble and also trade greedily of course we will experience losses because we has been forceful in doing so and is unable to make the right decision in the matter.

[GreatArkansas]

(...)

Some gambling games also require skills more than luck. But since the casino has always an edge over its players  and the casino house should always be on the winning side, the chances to gain profits is still low. Although some are winning exceptional amount of profits, but eventually when the gamblers stay betting, the casino will also get it back gradually until those profits have turned into zero.

However, in trading, skills and right strategies will always dominate a positive outcome. If you are a well-experienced and an expert trader, the chances to stay profitable is certainly high, but also since the trading market is quite uncertain and you have no idea how the prices of those coins move in the market, at least you still need quite of luck to stay successful on your trades.

This means, in trading, you can be a successful trader and profitable than become a gambler where most of the time you are relying on the luck here.
For me, with proper education, you can't say trading is gambling. Because if you learn everything  that will help you to become good trader like risk management, technical analysis and fundamental analysis, you have high chance to become profitable.

[wxa7115]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Depending on the trader in question this could be either true or false, there are many persons out there that think about themselves as traders, but in fact they are gamblers as they are not using a strategy they verified against the markets and they are simply following their gut feeling.

If your friend is like that then he is gambling without a doubt and there is not much of a chance for him to recover the money he has lost, but if instead he has prepared himself appropriately and understands that trading does not bring immediate success, and he is willing to wait until the market comes to him and offers him a favorable trade, I would think he will eventually recover the money he has lost.

[beerlover]

This is also happening in your daily life. When you apply for a job, are you sure that the company will hire you? Or when you study and work hard, are you sure that you will have a rich life in the future? Basically, our lives are a gamble because no one can be sure and know what will happen in the future. Furthermore, as you said, you do not understand anything about trading, financial markets, bitcoin... nor do you have any knowledge about it, so on what basis do you think it is similar to gambling? You should not jump to conclusions about anything if you know nothing about it.

This is the point of it, taking a risk doesn't equal to gambling because gambling is guaranteed to lose since the house edge guarantees that whereas life is full of taking risks. Trading is not "almost" like gambling, it has nothing to do with it, if you are a good trader then you will earn, there is no downside to it at all, you can be the greatest gambler in the world and you will still not make a living out of it because house edge prevents that.

So all in all, unless we are talking about something different, some variations of it, some detailed parts of it, the general concept of gambling and general concept of trading has nothing to do with each other. Gambling is not risk taking, those are two different things, not all risk taking would be considered a gamble.

[LogitechMouse]

~
My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Different people have different answers to this one.
For me, trading is only considered as gambling "ONLY" if the trader doesn't know anything about it, or at least he is consistently losing money because he has little to no knowledge about it.

Trading and gambling have different ways of winning. In trading, you need knowledge and skills, and you don't need luck whereas in gambling, you need a bit of knowledge about the game (or even no knowledge will sometimes do), a little bit of skills (depending on the game you're playing), and a huge amount of luck for you to win. Trading might be considered as gambling under some factors, but gambling can't be considered as trading.

Recovering $5,000? It's possible that he will use a huge capital to recover it. He can if he's lucky enough. I mean if he wins on a lotto then he can recover it in an instant.

[Dr.Osh]

I think this difference of opinion has existed for a long time. Many people think that trading is the same as gambling, but most other people think that it is very different from gambling. In trading itself, we choose assets to buy and sell based on research and analysis. It is true that sometimes we do the analysis wrong, but that is a normal thing in business and investment. However, in trading itself, we do not lose the assets we own, but the value of the assets we own decreases. Meanwhile, in gambling itself, when we make a wrong prediction, all the assets we bet on are lost.

Apart from that, sometimes people who trade are quite confident in their analysis and research, so when they enter the world of trading, they can be optimistic about getting their losses back. However, it all depends on what strategy he carries out, and there is no guarantee of returning the value of the assets he owns. Yes, there are many differences between gambling and trading, but it all comes back to each person's perspective.

[Churchillvv]

Well we here this almost every day that trading is more like gambling, which is most likely to be short term trading. why it's refered to as likely trading is because of the issues of loses that even expert in analysis of the market still lose money while trading such as gamblers who are even experienced over the years of gambling yet loss because the market isn't predictable as games aren't predictable because it solely a game of luck.

in making this kind of reference one should be aware that there are some traders who are likely to loss less because of the mastering skills they have but although they loss, in the context of gambling one is even running a more risky game because you could get addicted which makes gambling more risky.

[KingsDen]

it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

I don't know if it was Warran Buffet or Elon Musk that called trading gambling. If you don't understand how trading works it might seem as if it is gambling because both has same nature and even same rule of "Don't invest what you are not able to lose". "Don't gamble with what you cannot afford to lose."

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

We cannot just determine if he will make his 5k back because we do not know the type of trading he did. If he traded futures the 5k is gone. If he is on spot, the coin could possibly reverse and I doubt that spot will sink his money in that nature.

[khiholangkang]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

I used to think like this before, and after I reviewed again there were so many different views from everyone, and looked at various elements of why trading can be considered gambling and how trading is not considered gambling.
I read someone's review on the forum and I received statements outside the forum from various experts and speculators, but I was quite forgetful not to save the links and posts, after I thought and considered why the trading that was done was considered gambling was 1 because it did not have a calculation method which meant just guessing the price and the second most important thing was that what was traded was not the original item or what we used to call derivative products or forex, I conclude that, and why trading is not considered gambling, it is as simple as the trader knows what he is buying at his risk and also what is being traded is a real item or what we call a spot asset (you receive the goods into your pocket). Both of these traits take away from the equation the nature of gambling.

[batang_bitcoin]

in terms of risk between short term trading and gambling is almost the same, but you equate gambling and trading is wrong, because trading requires skill, different from gambling such as dice, slots which do not require anything to play just in one click you can see the results with fast, if your trading prioritizes skill over luck

Gambling also has sort of skills and you have to evaluate that as well. But for us to understand that, it's up on how we perceive these skills and understanding between gambling and trading. While the thinking of most is that gambling is just all about putting bets and leaving it like that. And as for trading, doing some analysis and waiting for the right time to make some money out of it. There's really some differences that we can see if we compare these two.

[Kelward]

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

I personally think that crypto trading and gambling have more in common than what makes them different, the two share a common factor which is risk, although gambling risks can be said to be higher compared to trading risks, nevertheless they're both very profitable if their risks comes out positively. The difference that I see is that crypto trading has a parten and can be technically analyzed, so traders atleast knows how the market works and what drives the fundamental analysis, but it's not so in gambling, we gamble and depend on luck factor that we can not analyze to determine the outcome, except for sports bet where we can predict the team that'll win.

Your friend shouldn't chase loses, because he can become greedy and lose more money, so it's better for him to trade with the amount that he can afford to loose. 

[Alpha Marine]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

They both have similarities but they're not the same. In gambling, you're betting on the outcome of a game while in trading, you're buying something at a lower price with the hope that the price will increase so you can sell and make a profit.
Trading becomes gambling when you make a trade without proper technical and market analysis.
Trading is complicated, but with consistency and learning you can get better at it. It's a skill that needs to be studied. Nobody just gets up and becomes an expert in trading.

Also, I believe the best traders are the ones that focus on a certain thing or industry. Trading both forex and cryptocurrency at the same time is not advisable for someone who's still relatively new. Focus on one and with time when you're better you can diversify.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

If his goal is to make his money back he may keep losing I'm afraid. The goal should be how to get better, and how to get more experience in trading. He should read more, and research more. And since he's not an expert, he should be trading smaller amounts of money. That way he won't lose most of his money.
Losing money is part of the trading experience, but there are ways to minimize your losses.

[Fatunad]

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

I personally think that crypto trading and gambling have more in common than what makes them different, the two share a common factor which is risk, although gambling risks can be said to be higher compared to trading risks, nevertheless they're both very profitable if their risks comes out positively. The difference that I see is that crypto trading has a parten and can be technically analyzed, so traders atleast knows how the market works and what drives the fundamental analysis, but it's not so in gambling, we gamble and depend on luck factor that we can not analyze to determine the outcome, except for sports bet where we can predict the team that'll win.

Your friend shouldn't chase loses, because he can become greedy and lose more money, so it's better for him to trade with the amount that he can afford to loose. 

Trading could really be only be called gambling on the time that you would really be that making yourself having some trades without having any basis on which you would really be just that basically making yourself
doing gambling and this is something which isnt recommended. You shouldn't really be treating up trading on this way. In the other hand on which we know that gambling is really just that leisure and its totally
that not the same if we do speak about trading. It is all different matters and on different ways on how you would really dealing up with it.

If you are someone who do make out trades without any basis then you are simply just making or doing gambling. We do know that it does require analysis and does required out that proper
approach rather than on making those pure guess on which you are really just that increasing your odds on making a bad or unprofitable or losing trade. If you do have this kind of approach
then it would really be better that you should have made out some gambling since from the start.

[Smack That Ace]

This is also happening in your daily life. When you apply for a job, are you sure that the company will hire you? Or when you study and work hard, are you sure that you will have a rich life in the future? Basically, our lives are a gamble because no one can be sure and know what will happen in the future. Furthermore, as you said, you do not understand anything about trading, financial markets, bitcoin... nor do you have any knowledge about it, so on what basis do you think it is similar to gambling? You should not jump to conclusions about anything if you know nothing about it.

This is the point of it, taking a risk doesn't equal to gambling because gambling is guaranteed to lose since the house edge guarantees that whereas life is full of taking risks. Trading is not "almost" like gambling, it has nothing to do with it, if you are a good trader then you will earn, there is no downside to it at all, you can be the greatest gambler in the world and you will still not make a living out of it because house edge prevents that.

So all in all, unless we are talking about something different, some variations of it, some detailed parts of it, the general concept of gambling and general concept of trading has nothing to do with each other. Gambling is not risk taking, those are two different things, not all risk taking would be considered a gamble.

Only people with no financial knowledge would say that trading and gambling are the same. One difference that everyone can easily spot is has anyone ever seen someone become rich through gambling? But there are many people who become rich through investment and trade.
Also, I think people who call trading gambling simply because they have failed in trading and want to deny their incompetence should call trading gambling. People who fail but never admit it is due to their own stupidity and are ready to blame anything they see.

[shawonngp]

Trading and gambling both have a lot of risks and you can't predict before start but some differences both of them. Trading will never considering as gamble for the professional traders, newbie traders have no knowledge and it will be gamble for them. $5000 is big losses it's not easy to recover in short time even need to big amount investment to recover losses.

[Eternad]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and Gambling are different. You are trading with the intention of investment while Gambling real purpose is to get entertainment through playing games.

They only have common factor which is risk. Both trading and gambling has risk factor but gambling is riskier than trading due to house edge and it’s pure luck nature while trading can increase your profitability with proper analysis skills. Those people that will assume that both are just the same are those who use gambling in a wrong way. Gambling is an expensive source of entertainment and not a financial tool.

[deathcode]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

when you trade not with skill and knowledge, then you trade like a gambler who bets with his money.
but when you know and understand trading, then you will know the difference between trading and gambling.

trading is not an easy matter. Your friend must be diligent to be able to return the funds he has lost in trading. and I don't think it will be easy and it won't be in a short time.

[Wind_FURY]

This is also happening in your daily life. When you apply for a job, are you sure that the company will hire you? Or when you study and work hard, are you sure that you will have a rich life in the future? Basically, our lives are a gamble because no one can be sure and know what will happen in the future. Furthermore, as you said, you do not understand anything about trading, financial markets, bitcoin... nor do you have any knowledge about it, so on what basis do you think it is similar to gambling? You should not jump to conclusions about anything if you know nothing about it.

This is the point of it, taking a risk doesn't equal to gambling because gambling is guaranteed to lose since the house edge guarantees that whereas life is full of taking risks. Trading is not "almost" like gambling, it has nothing to do with it, if you are a good trader then you will earn, there is no downside to it at all, you can be the greatest gambler in the world and you will still not make a living out of it because house edge prevents that.

So all in all, unless we are talking about something different, some variations of it, some detailed parts of it, the general concept of gambling and general concept of trading has nothing to do with each other. Gambling is not risk taking, those are two different things, not all risk taking would be considered a gamble.

Only people with no financial knowledge would say that trading and gambling are the same. One difference that everyone can easily spot is has anyone ever seen someone become rich through gambling? But there are many people who become rich through investment and trade.

But gambling in what? Casino games where you don't have an edge? Or gambling in a card game like BlackJack where you can have the edge at some particular moment in the game?

There's a difference, ser.

Also, I think people who call trading gambling simply because they have failed in trading and want to deny their incompetence should call trading gambling. People who fail but never admit it is due to their own stupidity and are ready to blame anything they see.

If a person enters ANY risk-taking activity where he doesn't have the edge, is that called "something else"? Or is it called gambling?

70% - 90% of people who like to call themselves "traders" are lose money over a large data sample.

https://www.quantifiedstrategies.com/what-percentage-of-traders-fail/

[bayu7adi]

I clearly see the equivalent of trading with gambling in memecoins. Yes, without any serious development or reasonable business model, I consider it as a medium to test luck like gambling. Buy a little for some memecoin or shit coin tickers and hope that one of the memecoin or shit coin assets you buy can go up and meet a high green candlestick. They call it the jackpot in gambling.

Isn't it like a lottery? Where someone can take high-risk gambling by buying several lottery numbers with different nominal amounts. Even though gambling and trading are essentially different, the risks can be the same.

BTW, I don't really like daily trading, and prefer holding. It makes me more calm by hodling on top coins.

[mindrust]

Pretty much yes. Especially if you rely on only technical analysis then it is not really any different than throwing dice. When you use fundamental analysis, then trading becomes like sports betting. You have some data you can study and make educated decisions based on that data. It still won't make you a trading expert because if it were that easy everybody would make the winning decisions and nobody would take the losing trades. As you quickly realize, it is somebody else's money you win when you make a successful trade. Just like how it happens in gambling.

[Hamza2424]

Trading and gambling both have a lot of risks and you can't predict before start but some differences both of them. Trading will never considering as gamble for the professional traders, newbie traders have no knowledge and it will be gamble for them. $5000 is big losses it's not easy to recover in short time even need to big amount investment to recover losses.

Hmm, quite straight forward answer but for a trader, the initial capital required to recover the losses should be from his portfolio, and as a newbie trader today diversifies their trades, mostly people go all in or unplanned and they lose their capital and I always use to say, the market is not like you are going to play every ball and gonna hit a 6, some times you need many dots to hit a 6.

The early condition is to maintain the wicket on the field and the capital is your wicket sae it and wait for the perfect entry, even though 5k is a big amount but for a trader who lost it under his strategy and risk management by saving most of capital can recover it in a few trades but for those who just netred and made an all in trade lost, Rest in .....

[Lakai01]

Pretty much yes. Especially if you rely on only technical analysis then it is not really any different than throwing dice. When you use fundamental analysis, then trading becomes like sports betting. You have some data you can study and make educated decisions based on that data.

That's one of the best comparisons of trading and gambling I've heard so far, thanks for that!
Gambling actually has a lot of elements of a (successful) trading strategy, or you can easily transfer the elements from gambling to trading ... and vice versa.

Above all, in both gambling and trading, you need watertight risk management to know when to leave the trade (or the game) and when to stay in the race. It doesn't matter whether it's a crash, Plinko or a Bitcoin trade. Without this strategy, you will lose significantly more in both trading and gambling than you were actually willing to bet.

[milewilda]

Pretty much yes. Especially if you rely on only technical analysis then it is not really any different than throwing dice. When you use fundamental analysis, then trading becomes like sports betting. You have some data you can study and make educated decisions based on that data.

That's one of the best comparisons of trading and gambling I've heard so far, thanks for that!
Gambling actually has a lot of elements of a (successful) trading strategy, or you can easily transfer the elements from gambling to trading ... and vice versa.

Above all, in both gambling and trading, you need watertight risk management to know when to leave the trade (or the game) and when to stay in the race. It doesn't matter whether it's a crash, Plinko or a Bitcoin trade. Without this strategy, you will lose significantly more in both trading and gambling than you were actually willing to bet.

Both are risky but on the sense that trading is something that you could really be able to apply such analysis then it lessens out that risks level that it does have. Also, when trying out to compare literally then
it would really be that impossible that you cant really be able to spot out their main differences on which means that you would be acting accordingly on which you would really be needing up that
different approach on which we know that this is something that you would really be needing to adjust out accordingly. Trading could really be turning out to be gambling if there wouldnt really be no analysis
that would be applied on the time that you do make out some trades. It would really be that impossible that you wont really be able to make out those kind of comparison.

You would really be able to determine about their differences on just simply making use of your own common sense on which most people dont really be able to mind it off
directly.

[boyptc]

Who's believing that in trading, there's also luck? If yes, then that means that there's really no difference at all. They've got their own nature but they've got their similarities too.

So, as trading with luck and gambling having that too.

As explained about making analysis with trading and gambling, you're doing always the same thing when the mother nature of both is all about taking risk of our money.

[Adbitco]

Please store this into your head that Trading and Gambling is a very different thing to say because i don't see where people looked at trading to be the same as gambling how and from where? At first gambling is a game of probability which you can't really defined the outcome what it would be and how much you are going to make per day, week and months or even year as it may be.

When you gamble any amount used to stake can easily be gone forever without you even having a return or a refunds but comparing to trading, there is a huge difference. If you are trading cryptocurrency such as bitcoin then the risk of losing is very poor but if you are trading binary then their is every possibility to entirely sweep your account if you don't mind lot size before place your order.

Your lot size determines when your account should be empty and drained entirely.. Let say you funds your account $1000 and you want to use the lot size of 10.0 this simply meanings in every movement of your candle you are risking equivalent to $10, but if you reduces your lots size to 0.01 then this is how your lost and profit is also determined.

But some people are too greedy to increase their lot size to 20.0 while they fund only $200 how did they expect to run long on the market and if they market goes side against them then automatically they swipe off their account at this point would say gambling and trading is the same.

[radjie]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

It is clear that trading is very different from gambling, in trading we can determine when to make purchases and set profits according to our wishes, by setting the selling price above the buying price.  This is different from gambling, looking for luck with it, and we cannot guarantee that we will always get lucky, because the money we spend on gambling cannot guarantee that we will always win the game.

[Rengga Jati]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading is indeed risky. And sometimes it is quite similar to gambling. But basically, the two are slightly different. There is a process in the form of analysis in trading. Analysis includes several things, including fundamental analysis and also technical analysis. If a trader can reach this and analyze it well, then at least they can understand and develop strategies for their trading process. Not always for profits and will never lose. No, but how do they get bigger gains than losses? especially if it is a day trader. They must make sure they get more gains or profits in a day than losses. So as long as they can try other trading pairs and with market evaluation, they might be able to.

However, if they do it without any particular preparation and even just follow the trend, then this is called suicide. And not everyone can handle it. In this case, just try to see what your friend's condition is like next.

[stadus]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and Gambling are different. You are trading with the intention of investment while Gambling real purpose is to get entertainment through playing games.

They only have common factor which is risk. Both trading and gambling has risk factor but gambling is riskier than trading due to house edge and it’s pure luck nature while trading can increase your profitability with proper analysis skills. Those people that will assume that both are just the same are those who use gambling in a wrong way. Gambling is an expensive source of entertainment and not a financial tool.

Both have the end goal of profits but trading is likely to give more profits than losses while gambling on one side is going to make you lose most of the time and enable you to gain some profits only when you got your luck. They’re not really the same, it’s just that the one who often lose in trading thinks that it’s actually same like gambling, but if you are really trading while maximizing your own potentials in the market and trade based on your experience and acquired knowledge, you will never come to see gambling in your own profitable trades. It’s all about your gained knowledge, developed skills and enhanced strategies that made you successful in trading.

[Xampeuu]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and Gambling are different. You are trading with the intention of investment while Gambling real purpose is to get entertainment through playing games.

They only have common factor which is risk. Both trading and gambling has risk factor but gambling is riskier than trading due to house edge and it’s pure luck nature while trading can increase your profitability with proper analysis skills. Those people that will assume that both are just the same are those who use gambling in a wrong way. Gambling is an expensive source of entertainment and not a financial tool.

Both have the end goal of profits but trading is likely to give more profits than losses while gambling on one side is going to make you lose most of the time and enable you to gain some profits only when you got your luck. They’re not really the same, it’s just that the one who often lose in trading thinks that it’s actually same like gambling, but if you are really trading while maximizing your own potentials in the market and trade based on your experience and acquired knowledge, you will never come to see gambling in your own profitable trades. It’s all about your gained knowledge, developed skills and enhanced strategies that made you successful in trading.

Trading is not just a speculative factor like in gambling, but by trading at the beginning we already have a framework and from that we already know the risks and rewards, so we can create a clear portfolio in the long term, of course in trading we will not always experience profits. However, how can we be disciplined in the framework that has been created, so that if we experience losses, we are still in the healthy trading category.

[traderethereum]

In trading, there is an analysis that traders must carry out. They usually already have a buying and selling target, so they sell or buy it after reaching their target.
A trader should not be greedy. And if he only analyzes without having a selling target, he may miss the moment to sell. If he cannot analyze and follow signals or buy carelessly, he will have difficulty making a profit.
What @OP did was not trading but investing because he didn't sell it after buying. After all, trading means buying and selling, which is done within a certain time. And trading is not gambling as long as he can analyze the market well. He knows when he can enter and exit the market.

[shinratensei_]

Pretty much yes. Especially if you rely on only technical analysis then it is not really any different than throwing dice. When you use fundamental analysis, then trading becomes like sports betting. You have some data you can study and make educated decisions based on that data. It still won't make you a trading expert because if it were that easy everybody would make the winning decisions and nobody would take the losing trades. As you quickly realize, it is somebody else's money you win when you make a successful trade. Just like how it happens in gambling.

agreed with this one, trading is more or less like gambling its all about speculation and those are people taking risk with their speculation people can say they have analysis but at the end of the day their analysis isn't even right most of the time, i mean you can see the market move so abstract its basically gambling and thats fine if people know how to take risks thats definitely fine as long as they doing it intentionally i've seen people make money with it but the thing with trading even more prominently with trading pair that are just shady enough you get some whales that change the direction of the market based on current future positions and this is the reason why i find it that sometime with trading the odd of winning is pretty slim even more so if you trade by derivative market future and opening position usually a slight change in price which can be caused by some random whales if you put high leverage can be damaging towards your money and sometime even force your money to be liquidated thats the thing with these trading also why i always avoid having high leverage because some people could just take advantage of it. so if we are talking odds trading can be really bad.

[MissNonFall9]

Trading seems a lot like gambling to me. I may be wrong in the opinion of many that's why I apologize first but I have observed many traders who have come here and lost everything and many have gone from zero to the top. I have also seen many people lose everything and then get it back which is unimaginable. So for the above reasons trading seems like a gamble to me but trading can never be a gamble.
To recover lost things after losing everything he had to be very patient here. My knowledge in trading is almost nil but from my observation, I say it is possible to move up from here too but one has to utilize time and opportunity one has to be patient.

[peter0425]

Trading seems a lot like gambling to me. I may be wrong in the opinion of many that's why I apologize first but I have observed many traders who have come here and lost everything and many have gone from zero to the top. I have also seen many people lose everything and then get it back which is unimaginable. So for the above reasons trading seems like a gamble to me but trading can never be a gamble.
To recover lost things after losing everything he had to be very patient here. My knowledge in trading is almost nil but from my observation, I say it is possible to move up from here too but one has to utilize time and opportunity one has to be patient.

Not because people are losing down to zero meaning they are gambling because in every investments there are losses so meaning everything is gambling? so why do we need to trade when this is a complete gambling?
never lead your way into wrong perception meaning don't just jump into conclusions when you did not even experienced being a trader because you are just giving your observation but not an experience, because indeed that you can lose in trading but at least the risk is very little than what you can lose in gambling that mostly just pure luck even how hard to studied (not unless this is sports betting that has skills and knowledge)

[synchronym]

When we invest in something, how about if we always expect profit from that investment. If we don't decide to invest in something, we must keep in mind that I can lose my money in this investment. And I can profit a lot. Investing is always risky and we have to invest with those who are lucky enough to succeed very quickly. When it comes to investing, we must have enough knowledge about investments and have a long-term plan, then we will succeed very quickly with investments. In investing, we must have a long-term plan and be patient. If we are too impatient in investing, we will not be successful in investing. Our investment should always have a long-term plan and if we invest patiently after checking the market, we will get success through it.

[beerlover]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

when you trade not with skill and knowledge, then you trade like a gambler who bets with his money.
but when you know and understand trading, then you will know the difference between trading and gambling.

trading is not an easy matter. Your friend must be diligent to be able to return the funds he has lost in trading. and I don't think it will be easy and it won't be in a short time.

I think even in that case, you are risking it that's true but it is still not gambling. The difference is that gambling is something that is done against the casino and you are going to lose it all in all, which means that we are going to have trouble if we do it long enough. Whereas at trading, even if you are not that good then it would be very tough to handle on the long run as well, we need to consider that as much as we possibly could.

Gambling is terrible and you should not do it if you are not rich enough, that should be the most important part. Gambling is for fun, you just end up with something that would cause a lot of trouble and we should try to avoid it as much as we possibly could and not make any changes at all.

[|MINER|]

Actually gambling and trading those are two different things it will be wrong if we mix up these two's. Gambling completely depends on luck on the others and for trading I mean for gaining profit in trading you have to be a skillful trader you have to know how to analysis the prices the candles of the chart. Even you have to no the regular updates and also the fundamental knowledges. So based on this things we can't call trading is almost like gambling. But those who do trading with emotions don't know much about the market and the analysis we can say they are trading is like gambling.

[tvplus006]

...My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

It depends on your attitude to trading. And if you are inclined to the casino, then you will set goals and trade accordingly, neglecting all possible risks, which will certainly lead to the loss of the deposit.

[lalabotax]

Actually gambling and trading those are two different things it will be wrong if we mix up these two's. Gambling completely depends on luck on the others and for trading I mean for gaining profit in trading you have to be a skillful trader you have to know how to analysis the prices the candles of the chart. Even you have to no the regular updates and also the fundamental knowledges. So based on this things we can't call trading is almost like gambling. But those who do trading with emotions don't know much about the market and the analysis we can say they are trading is like gambling.

Yes, actually the two are quite different. However, it will come back to how someone trades. If you just place it and hope to get a profit, that's the same as gambling. For this reason, in trading, there must be analysis from various sides before opening a trading position. Moreover, trading is not only about getting profits due to leverage and so on, but you can also trade on the spot market, which will have much lower risks compared to wide trading, in this case futures.

If it is future trading that is not carried out with sufficient analysis and only just places, it will be gambling. And the risks are also very big. For this reason, beginners are strongly discouraged from trading in the Future market, or they will end up just gambling.

[sulendra12]

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Your friend for sure can recover the money even though it's really big. I don't think you can say that trading is like gambling, sure the nature of unpredictable thing could happened in crypto scene but if you just stick to Bitcoin or Ethereum then you should be good to go, even though you lose you won't lose that much. Day trading or short term trading mostly have a bad result for most people.

[Russlenat]

Trading seems a lot like gambling to me. I may be wrong in the opinion of many that's why I apologize first but I have observed many traders who have come here and lost everything and many have gone from zero to the top. I have also seen many people lose everything and then get it back which is unimaginable. So for the above reasons trading seems like a gamble to me but trading can never be a gamble.
To recover lost things after losing everything he had to be very patient here. My knowledge in trading is almost nil but from my observation, I say it is possible to move up from here too but one has to utilize time and opportunity one has to be patient.

Not because people are losing down to zero meaning they are gambling because in every investments there are losses so meaning everything is gambling? so why do we need to trade when this is a complete gambling?
never lead your way into wrong perception meaning don't just jump into conclusions when you did not even experienced being a trader because you are just giving your observation but not an experience, because indeed that you can lose in trading but at least the risk is very little than what you can lose in gambling that mostly just pure luck even how hard to studied (not unless this is sports betting that has skills and knowledge)

Trading and gambling can both drag us down into zero if we are not knowledgeable on what we are doing. Both have the risk to lose so if we are not aware of it, we will definitely lose a lot. However, the good thing about trading is that you can develop certain skills and strategies that will make you more inclined to profits and control your losses. With good trading experience, it will help you lessen the risk and improve the chances of winning your trades. With gambling, all depends on luck. You can be knowledgeable and skillful on what you are playing, but if you are out of luck, you will still end up losing your funds unfortunately.

[Marvelman]

Trading and gambling can both drag us down into zero if we are not knowledgeable on what we are doing.

You're not wrong, knowledge is important when it comes to this stuff.  Trading and some gambling games aren't just about luck if you educate yourself on the market and have a plan.  But you know, taking some calculated risks can pay off too.  A little bit of gambling can be exciting if you play it smart.  I'm not advising anyone go crazy here! But with the right strategy, you might just get a thrill from trading or playing some casino games and,  and who knows, maybe even win something in the process. 

[$weetne$$]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and gambling are very similar but they're not the same thing because they're different. Gambling is a game of luck but trading is based on experiences. A trader that has been trading for a longer time and has alot of experience from both the winning and losses that he has had will do better than a novice that's just begining to learn how to trade cryptocurrency but a newbie gambler can be lucky and win over a gambler that has been gambling for a longer time. There are many activities that have uncertainty, trading and gambling has some similar qualities as you can't predict what the result of your bets or trade will be but you have a higher possibility for becoming successful from trading than gambling when learnt properly. Trading success can be repeated many times but gambling can't.

[Mahanton]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and gambling are very similar but they're not the same thing because they're different. Gambling is a game of luck but trading is based on experiences. A trader that has been trading for a longer time and has alot of experience from both the winning and losses that he has had will do better than a novice that's just begining to learn how to trade cryptocurrency but a newbie gambler can be lucky and win over a gambler that has been gambling for a longer time. There are many activities that have uncertainty, trading and gambling has some similar qualities as you can't predict what the result of your bets or trade will be but you have a higher possibility for becoming successful from trading than gambling when learnt properly. Trading success can be repeated many times but gambling can't.

Really that not hard to make up such comparison on which simply sticking with the main idea.

1. Trading = investment/income source
2. Gambling = leisure/entertainment

there's no hard on determining about the two. It is really just that trading would turn out to be gambling on the time that you wont really be applying any
analysis within your trades on which it would really be just that a common approach that you would really be having that kind of handling on where
you would really be needing to make some analysis.Whereas, when you do play gambling then you wont really be minding about these things anymore or simply you do make out
some bets directly, unless if you are dealing with sports betting and poker then analysis is also relevant.

You would be able to find it for yourself on which things are really that mainly needed on the time that you would really be having such approach.

[Strongkored]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Because there is an element of speculation so it looks the same as gambling but actually it is not because success in trading is also influenced by trading skills, whereas gambling requires almost no skills except in certain types of games, so saying trading is the same as gambling is not entirely correct unless the person trading only relies on feeling and luck because no analysis was carried out before making a decision.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Recovering what he has lost is possible but it is not easy because when he has lost it must be because there is a mistake in his strategy or it could be because he does not fully understand the risks of trading, so to recover what he has lost he must evaluate the cause of his loss and continue to improve his trading skills and more importantly he only uses money he can afford to lose.

[Questat]

It is almost like gambling, it is right. Of course, some traders who claim they are experts will never say yes but for beginners, that is meant to be, they rely mostly on luck like gambling. What to expect from a novice? They just know the basics, have less experience, and low level of TA, it was certain that they were asking for some market favor and being lucky for their calls, and the chances are the same as they gamble.

Really that not hard to make up such comparison on which simply sticking with the main idea.

1. Trading = investment/income source
2. Gambling = leisure/entertainment

There is a big difference in meaning but some approach seems to be the same. Unless you have enough knowledge and skills. In fact, for some people gambling is not an entertainment anymore but a source of income.

[adpinbr]

Yes, I can technically say that trading is almost like a gambling so you are 60% correct.
If you want to know more on Trading, you can equally also talk to your friend he has study the signals and Order previous copy trades and add them, your friend also  lost such money 100k, like you said you only store coin and try as much as possible to store in cryptocurrency that is stable because as the market go up and done you may  likely, also lost some part of your fund, which means you are into trading indirectly so I can say this, living a cryptocurrency, that is not stable, can equally result to some lost.

Trading is gambling when looking at it from the point of profit and loss that is how gambling works so you should always take notes of the few points of mine above.
And if you feel like you will still want to go into ricks yes you can because if you only decide to store your cryptocurrency, which means you are not looking at making use of them anytime soon, it will be in the next 15 to 20 years for it to be like You are trading at the same time.

[Mr. Magkaisa]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

        -   No matter how much money the friend has left, I think it's better for him to spend it on buying bitcoin if his goal is to get a sure ball profit on the capital he will release. We have seen several times that the Bitcoin price value continues to rise.

In short, this is really proven and tested in the long term, and the chances are high that your capital will really grow. Especially now that we are getting a bit closer to Bitcoin's bull run, and when that happens, there will be a lot of altcoins for sure in the end.

[beerlover]

It is almost like gambling, it is right. Of course, some traders who claim they are experts will never say yes but for beginners, that is meant to be, they rely mostly on luck like gambling. What to expect from a novice? They just know the basics, have less experience, and low level of TA, it was certain that they were asking for some market favor and being lucky for their calls, and the chances are the same as they gamble.

Really that not hard to make up such comparison on which simply sticking with the main idea.

1. Trading = investment/income source
2. Gambling = leisure/entertainment

There is a big difference in meaning but some approach seems to be the same. Unless you have enough knowledge and skills. In fact, for some people gambling is not an entertainment anymore but a source of income.

I do not agree with this, it's nothing like gambling. Even if you do not know what you are doing and randomly just let it be, I feel like you should be considering the benefits of it as well. Think about the possibility of being right at gambling for the long term and being right at investing. Those are very different things and I believe that you have a higher chance.

Even if you just calculate how you are going to end up losing due to house edge, that would be enough to not compare the two together as well, that's just the way it should be done. I believe that the best way to go would be making sure that we are handling it well enough, there is really nothing that we can't do if we know what we are doing with this.

[justdimin]

Recovering $5,000? It's possible that he will use a huge capital to recover it. He can if he's lucky enough. I mean if he wins on a lotto then he can recover it in an instant.

Even a large capital can't make someone recover money if they are trying to do it through gambling, they will only lose more money in the long run no matter how careful they are with their bets. People often compare trading with gambling, I don't know on what basis, but maybe because they believe losing money in trading is as easy as it is in gambling but I don't agree with that. In trading, one only loses money if they don't know what they are doing.

When it comes to gambling, it simply depends on one's luck whether they will win or lose money, there is no knowledge or experience that can be used to either reduce losses or increase the wins, one can just gamble less to reduce their losses but there is no way for them to increase the amount of wins.

[Viscore]

It is almost like gambling, it is right. Of course, some traders who claim they are experts will never say yes but for beginners, that is meant to be, they rely mostly on luck like gambling. What to expect from a novice? They just know the basics, have less experience, and low level of TA, it was certain that they were asking for some market favor and being lucky for their calls, and the chances are the same as they gamble.

Really that not hard to make up such comparison on which simply sticking with the main idea.

1. Trading = investment/income source
2. Gambling = leisure/entertainment

There is a big difference in meaning but some approach seems to be the same. Unless you have enough knowledge and skills. In fact, for some people gambling is not an entertainment anymore but a source of income.

Both trading and gambling have certainly one goal, that is to gain profits. Even legends in gambling would agree to that. Entertainment will only follow if you are in profits. However, with trading, you will have the best advantage of you have high knowledge in technical, fundamental and even sentiment analysis, along with skills and strategies, and the positive attitudes in trading. That way, you will end mostly your trades with financial gains.

However, not all traders are inclined to their craft and are profitable. But with good amount of experience, these novice traders will definitely grow in time and will turn into proficient traders in the market.

[Nrcewker]

...My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

It depends on your attitude to trading. And if you are inclined to the casino, then you will set goals and trade accordingly, neglecting all possible risks, which will certainly lead to the loss of the deposit.

It is more like the amount of risk he is willing to take. In gambling the risk to lose the money most of the time remain at 100%. Hence if he does trading in a similar manner, that is choosing a coin with less marketcap, or trading when market is uncertain, then it’s equivalent to gambling only. If you are taking high risk by putting your money for high returns, then it is known as gambling of money only. So yes OP, till some extent you can say that.

[Sorryfor]

No you cannot call trading as gambling. In trading, if a person properly judge and analyze the market, research and wait for the right time, then surely good profit can be made from it. Trading seems like a business to me. Here you can gain as well as lose. For example, if you are losing money while trading, it is not like you have lost all your money. On the other hand, if you look at gambling, you will either earn double profit or lose all your money. And in trading, you must understand and know enough about the market. Gambling, on the other hand, follows a certain pattern throughout life. So trading and gambling never seem the same to me.

[cute nmp]

Trading cannot be compared to gambling in any sense .It's a different concept that not only requires guessing , but need knowledge, experience, consistency and risk management. Maybe cause of looses associated with trading some sees it similar to gambling but to me there are totally different things.

[Mahanton]

No you cannot call trading as gambling. In trading, if a person properly judge and analyze the market, research and wait for the right time, then surely good profit can be made from it. Trading seems like a business to me. Here you can gain as well as lose. For example, if you are losing money while trading, it is not like you have lost all your money. On the other hand, if you look at gambling, you will either earn double profit or lose all your money. And in trading, you must understand and know enough about the market. Gambling, on the other hand, follows a certain pattern throughout life. So trading and gambling never seem the same to me.

Once analysis is applied then it cant really be called gambling since you do really have that kind of basis on which you are really that able to make use and would be applied to it.Whereas, comparing into those
people who do make out trades basing up with pure guess and speculation without having any application with these kind of methods, then this is where you can really be able to call it that you are basically just doing trading.This is why it would really be that best that you should really know on what kind of approach you would really be needing to have when you do make out trades.

Trading could really be ended up on being a gambling if you wont really be having any basis on every actions you would be making. This is why it would really be that relevant
that you would really be needing that kind of approach when it comes to trading and not something that you would really be acting out that you do
are doing gambling on which its never been that ideal on doing so.

[MFahad]

No you cannot call trading as gambling. In trading, if a person properly judge and analyze the market, research and wait for the right time, then surely good profit can be made from it. Trading seems like a business to me. Here you can gain as well as lose. For example, if you are losing money while trading, it is not like you have lost all your money. On the other hand, if you look at gambling, you will either earn double profit or lose all your money. And in trading, you must understand and know enough about the market. Gambling, on the other hand, follows a certain pattern throughout life. So trading and gambling never seem the same to me.

Well, there are some things that might have some similarities between trading and gambling, such as futures trading and options trading, which are extremely risky and one can either get profit or lose their money, though futures is a bit different and analytical skills, knowledge, and experience can make a difference in it, but options trading is as risky as gambling because a small uncertain movement of an asset can make you lose the money you have bet.
However, if we talk about the overall thing, gambling is far more dangerous and risky than trading because as you said, one can earn money from trading if they have knowledge and experience about trading, while in gambling except sports betting, one can only win if they are lucky.

[Mauser]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Forex trading is a very volatile business, because there are so many different pairs of currencies that can be traded and prices are changing all the time. Losing 5000 USD doesn't seem a lot in the Forex markets, usually futures contracts are quite large and you won't be able to buy anything if you don't have enough capital to meet the margin calls. I am assuming now that your friend has some experience in the past and probably made some profits before this loss. If he loses 5,000 USD in this trade, he probably made a bigger return in the last trade. I wouldn't worry so much about one trade alone and rather put everything into perspective over his whole trading year. If you are up 20,000 USD in the first two months and now lose 5,000 USD you are still in the green. I don't think that trading is like gambling, depending on the type of assets he is buying he still will be able to recover his money. In gambling you either lose or win money, there is no in between. As soon as you place a bet you will know if you won or lost, after that there is no chance to make any money from your initial bet. When it comes to trading, we are buying an asset, and just because the value of the asset drops doesn't mean it's worthless. Prices are fluctuating and we still own that asset. Also in gambling we know our winning chances beforehand, whereas with trading the chances are changing all the time.

[Bushdark]

Trading cannot be compared to gambling in any sense .It's a different concept that not only requires guessing , but need knowledge, experience, consistency and risk management. Maybe cause of looses associated with trading some sees it similar to gambling but to me there are totally different things.

Trading is different from gambling but as we may have it, there are people especially traders that are not ready to wait for there signal to click or wait for there strategy to meet all requirements before they go into the market. They always trade based on emotions and what there thought tells them. We need to know what we are doing and avoid unnecessary loses because decided to gamble rather than trading. The is huge money to be made I trading if we can be patient and wait for the market to sail.

[shawonngp]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and gambling are very similar but they're not the same thing because they're different. Gambling is a game of luck but trading is based on experiences. A trader that has been trading for a longer time and has alot of experience from both the winning and losses that he has had will do better than a novice that's just begining to learn how to trade cryptocurrency but a newbie gambler can be lucky and win over a gambler that has been gambling for a longer time. There are many activities that have uncertainty, trading and gambling has some similar qualities as you can't predict what the result of your bets or trade will be but you have a higher possibility for becoming successful from trading than gambling when learnt properly. Trading success can be repeated many times but gambling can't.

1. Trading = investment/income source
2. Gambling = leisure/entertainment


You would be able to find it for yourself on which things are really that mainly needed on the time that you would really be having such approach.

Trading and gambling both of same for newbies, because they haven't proper knowledge about trading, when trading is turn into kinda gambling.
But both of different and i think gambling is not for only entertainment to everyone, of course everyone's try to profits by play gambling.
A lot of gamblers losing thousands of money just to make quick profits or doubling their money, so it can not be only leisure.

[Zanab247]

I don’t think so. Gambling plays in pure chance. There’s really no strategy involved nor there is some kind of mathematical or even historical patterns to follow. However, with trading an investor can mitigate risks by following historical patterns and setting entry and exit points.

Trading is different from gambling, if you don't have the knowledge of crypto trading there is no way you can earn well from crypto trading like those that have the knowledge on how to trade in the bull run to earn plenty profits which is the best season traders use to earn from the market.

Honestly your friend lost a lot. One could regain it all back if invested in the right coin but since we are talking about bitcoin, he can definitely regain it all back if he just held it for longer. Altcoins are far better options for trading because of its volatility.

Sure, he will surely regain them back but it will take him some years before he will be able to recover the money back because, you know that the bull run don't normally last more than six months or one year which is the reason why you cannot recover the huge losses back in one bull run.

[Hamphser]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Trading and gambling are very similar but they're not the same thing because they're different. Gambling is a game of luck but trading is based on experiences. A trader that has been trading for a longer time and has alot of experience from both the winning and losses that he has had will do better than a novice that's just begining to learn how to trade cryptocurrency but a newbie gambler can be lucky and win over a gambler that has been gambling for a longer time. There are many activities that have uncertainty, trading and gambling has some similar qualities as you can't predict what the result of your bets or trade will be but you have a higher possibility for becoming successful from trading than gambling when learnt properly. Trading success can be repeated many times but gambling can't.

1. Trading = investment/income source
2. Gambling = leisure/entertainment


You would be able to find it for yourself on which things are really that mainly needed on the time that you would really be having such approach.

Trading and gambling both of same for newbies, because they haven't proper knowledge about trading, when trading is turn into kinda gambling.
But both of different and i think gambling is not for only entertainment to everyone, of course everyone's try to profits by play gambling.
A lot of gamblers losing thousands of money just to make quick profits or doubling their money, so it can not be only leisure.

It isnt really hard to determine in between things in between pure gambling and a risky thing to deal up with .Trading would really be that becoming a gambling on the time
that you would really be having that kind of approach on which you arent applying any analysis or basis with your trading positions or decisions. Whereas, that you could really be able to
apply those things for you to increase out that winning rate or profit chance on which this one couldnt be possible on gambling, well there are games which you could apply some analysis
but not all the time on which the risks is higher when you are dealing up with gambling rather than on trading. You would really be able to distinguish both things on which it isnt really
that hard to point on which one is worth for long term and which one is just for temporal leisure.

[Distinctin]

Trading cannot be compared to gambling in any sense .It's a different concept that not only requires guessing , but need knowledge, experience, consistency and risk management. Maybe cause of looses associated with trading some sees it similar to gambling but to me there are totally different things.

Trading is different from gambling but as we may have it, there are people especially traders that are not ready to wait for there signal to click or wait for there strategy to meet all requirements before they go into the market. They always trade based on emotions and what there thought tells them. We need to know what we are doing and avoid unnecessary loses because decided to gamble rather than trading. The is huge money to be made I trading if we can be patient and wait for the market to sail.

Trading is clearly different from gambling, but if you are trading without knowledge and experience in the market, most likely you will end up trading like gambling. So don’t be a gambler, but perform as a real trader. Know the basics in trading, and build your own knowledge and skills, and as you go on trading, develop your special strategies that will make your trades worth the risk.

Know the importance of patience as well. Successful traders do not just succeed because they are knowledgeable and skillful, but also because they are highly patient to wait for the right timing to trade. They don’t trade for quick profits, they do trading only when the market is suitable to trade so that the probability to win is higher than losing their funds.

[Gormicsta]

In my opinion, the two involve taking risks, making assumptions, and hoping for a payment, but there are some significant distinctions, which are emotions. In gambling, people rely on luck and feelings, and it can lead to decisions that are more based on emotions than reasoning, whereas in trading, emotional control is very important to make sensible choices, and they must distinguish their emotions from trading to be able to make unbiased choices that are trading with a clear mind. And trading requires discipline and patient while gambling requires more tolerance, because it can be very addictive when you start gambling.

[Sergeant Major]

I would call crypto trading an "educated guess", but it isn't far from gambling.  Like betting on a horse or the superbowl or a company stock just before quarterly profits are announced, we all think we know what a certain coin is going to do, but until it happens, we never know for sure.

[dunfida]

I would call crypto trading an "educated guess", but it isn't far from gambling.  Like betting on a horse or the superbowl or a company stock just before quarterly profits are announced, we all think we know what a certain coin is going to do, but until it happens, we never know for sure.

It would really be that turning out to be a gambling on the time that you wouldnt really be thinking about those ways or methods on how it would really be exactly that needs to be deal off with or on how you would really be
applying those analysis on the time that you do make trades and not really that something that will make out those random trades because thats really just that same as gambling on that case.

In regarding into your views about educated guess then you do have that a point. We do have technical and fundamental analysis on which we could really be able to make use. Dont make
yourself that making up positions without tending to check out these things and just like on what most people been saying above that you would really be needing up this kind of
approach so that you wont really be that finding yourself doing that gambling stuff. We can actually increase the odds on having a good profitable trade if you do really just
that know on what you are doing and not really just diving in with gambling just because someone has told you on doing so.

[Bloodseekers]

In my opinion, the two involve taking risks, making assumptions, and hoping for a payment, but there are some significant distinctions, which are emotions. In gambling, people rely on luck and feelings, and it can lead to decisions that are more based on emotions than reasoning, whereas in trading, emotional control is very important to make sensible choices, and they must distinguish their emotions from trading to be able to make unbiased choices that are trading with a clear mind. And trading requires discipline and patient while gambling requires more tolerance, because it can be very addictive when you start gambling.

Both of these things do have a risk of losses that we might get if we don't make the wrong decision and in gambling we really need luck to be able to win our bets and in trading we need knowledge and experience to be able to trade well in order to be successful. gain profits and also we have to do market analysis correctly so as not to make mistakes in making decisions when trading because mistakes in making decisions on trading make us lose money on the trade, it is important for us to be able to control our emotions when trading because whatever happens What we do based on emotions will make us unable to decide things well.

[RockBell]

In my opinion, the two involve taking risks, making assumptions, and hoping for a payment, but there are some significant distinctions, which are emotions. In gambling, people rely on luck and feelings, and it can lead to decisions that are more based on emotions than reasoning, whereas in trading, emotional control is very important to make sensible choices, and they must distinguish their emotions from trading to be able to make unbiased choices that are trading with a clear mind. And trading requires discipline and patient while gambling requires more tolerance, because it can be very addictive when you start gambling.

even if the two of them involve risk trading is much better than gambling, because with gambling there are higher chances of you losing your money the same thing with trading but trading is when you don't listen to instructions and that is why a lot of people are getting liquidated because they have failed to listen.  and making assumptions is usually based on the analysis obtained then you can make your prediction and you can even use the leverage, stop loss, and many more to reduce the chances of losing more and if you are holding you are holding anytime you make a profit it is just for you to sell nothing less stressful, but trading involves a lot of studies.  and not just to study it but also to understand it, because it involves money and I don't think anyone will want to be losing their money.

Gambling and trading involve emotion and some things can be avoided in both of them as measures to avoid losing money, that way your finances can be safe. because both gambling and trading have reckless people who make decisions without considering what comes after that decision.

[Natalim]

In my opinion, the two involve taking risks, making assumptions, and hoping for a payment, but there are some significant distinctions, which are emotions. In gambling, people rely on luck and feelings, and it can lead to decisions that are more based on emotions than reasoning, whereas in trading, emotional control is very important to make sensible choices, and they must distinguish their emotions from trading to be able to make unbiased choices that are trading with a clear mind. And trading requires discipline and patient while gambling requires more tolerance, because it can be very addictive when you start gambling.

Well said...
Trading has no close comparison to gambling because we don't rely on luck but instead, we mostly rely on market analysis. But gambling goes and the chances are very clear that we have a big chance of losing than winning even if we have been doing this for many years. Unlike trading, where we have a chance to improve our analytic skills and knowledge which increases our chance to earn more. If we are emotionally weak before, it can be changed somehow when we are filled already with experience and additional courage. That is how our direction change but in gambling, it never change as it totally relies on luck rather than knowledge.

[Ricardo11]

Trading and gambling, their risks are exactly the same. Both trading and gambling are high risk. Making money from trading is very difficult. Trading and gambling, can make a man from rich to poor, and from poor to rich, it doesn't take long. If you are losing here, you better leave it and focus more on long term bitcoin holding, you can earn much more money from bitcoin holding as well.

[Wind_FURY]

Trading and gambling can both drag us down into zero if we are not knowledgeable on what we are doing.

You're not wrong, knowledge is important when it comes to this stuff.  Trading and some gambling games aren't just about luck if you educate yourself on the market and have a plan.  But you know, taking some calculated risks can pay off too.  A little bit of gambling can be exciting if you play it smart.  I'm not advising anyone go crazy here! But with the right strategy, you might just get a thrill from trading or playing some casino games and,  and who knows, maybe even win something in the process. 

Knowledge, either learned from others or self-learning, is good but if your savings are involved there must be a time when you should start accepting that you simply don't have an edge against the other traders in the market who trade professionally. They have more experience than you, more knowledge/market wisdom/experience than you, more tools, and most importantly they have MORE CAPITAL. How can we mere plebs out-trade them?

It's better to HODL Bitcoin and purchase as much units in Bitcoin than risk losing those units by "trading". But that's only my personal opinion.

[adpinbr]

I so much enjoy this topic a lot, because so many people think that Trading is not a gambling gambling is different from trading, but no trading is just like gambling you go into casino shop and do your gambling your betting and you lose money that is the same thing as much as you go into Trading and you make profit at the same time you also lose sometimes you may lose 90% of your capital so trading is just like gambling to me. I have had a lot of experience, so I see Trading as a typical gambling.

[Yamifoud]

I so much enjoy this topic a lot, because so many people think that Trading is not a gambling gambling is different from trading, but no trading is just like gambling you go into casino shop and do your gambling your betting and you lose money that is the same thing as much as you go into Trading and you make profit at the same time you also lose sometimes you may lose 90% of your capital so trading is just like gambling to me. I have had a lot of experience, so I see Trading as a typical gambling.

You might have a lot of experience but you are not learning yet, sorry. Indeed, we encur losses and that is seem usual as we are just learning but from time to time, we see changes as we correct our mistakes.

We can say trading is like gambling because we rely on luck which in fact, we can improve our trading results if we also improve our knowledge and skill which is the most common reason. Our experience gives us a clue about what is to be improved. Unlike gambling, where we can't increase our chances even though we have been gambling for how many years.

If we aim to become a successful trader, therefore, we need to stop thinking this is like gambling.

[Bushdark]

Some persons keep saying that trading is almost the same thing like gambling but the difference is very clear.
There are also gambling traders that don't always have the patience to stick to the strategies that will help them to keep winning more.
It is good for us to weigh our trading skills and know whether truly we are gambling traders or not. It is very important for us to use good strategies to trade so we have a better results.

[JayTrain]

Certainly. Trading in markets may be perceived as gambling due to its uncertainty and risks. However, success in trading typically requires a deep understanding of the market, risk management strategies, and continuous learning. Losses in trading are common, but it's important to learn from them and improve skills for future trades. Nonetheless, there's no guarantee of recouping lost funds in the next trade.

[bettercrypto]

Some persons keep saying that trading is almost the same thing like gambling but the difference is very clear.
There are also gambling traders that don't always have the patience to stick to the strategies that will help them to keep winning more.
It is good for us to weigh our trading skills and know whether truly we are gambling traders or not. It is very important for us to use good strategies to trade so we have a better results.

There is nothing we can do about that because that is the extent of their understanding. Of course, if they don't understand trading and don't know how to understand what is on the chart or graph on any exchange site platform, they will really say that gambling is just like trading.

But for me, the people who think this mindset is pitiful are these types of people who are too lazy to study and just want to have a lot of money but don't want to work hard to do it. You know, that is to say, do you get it?

[MissNonFall9]

Trading seems a lot like gambling to me. I may be wrong in the opinion of many that's why I apologize first but I have observed many traders who have come here and lost everything and many have gone from zero to the top. I have also seen many people lose everything and then get it back which is unimaginable. So for the above reasons trading seems like a gamble to me but trading can never be a gamble.
To recover lost things after losing everything he had to be very patient here. My knowledge in trading is almost nil but from my observation, I say it is possible to move up from here too but one has to utilize time and opportunity one has to be patient.

Not because people are losing down to zero meaning they are gambling because in every investments there are losses so meaning everything is gambling? so why do we need to trade when this is a complete gambling?
never lead your way into wrong perception meaning don't just jump into conclusions when you did not even experienced being a trader because you are just giving your observation but not an experience, because indeed that you can lose in trading but at least the risk is very little than what you can lose in gambling that mostly just pure luck even how hard to studied (not unless this is sports betting that has skills and knowledge)

No, just because every investment has a loss doesn't mean it's gambling. Business is about profit and loss, so there can be profit and also loss.

I think you're just basing my "trading feels like gambling to me" statement. My main theme was "But trading can never be gambling."

And I found your words "never lead your way into wrong perception" to be very valuable. Because if we want to change life, our values or ideas come first. I know this is very hard for me to trade. Although I don't have any trade experience I am going to be involved in the trade by thesis and reviewing the history.

[Lantind]

Some persons keep saying that trading is almost the same thing like gambling but the difference is very clear.
There are also gambling traders that don't always have the patience to stick to the strategies that will help them to keep winning more.
It is good for us to weigh our trading skills and know whether truly we are gambling traders or not. It is very important for us to use good strategies to trade so we have a better results.

These two things will of course really depend on the knowledge they have, because if someone trades not based on the knowledge they have, of course they will continue to trade in the hope of making a profit without doing any analysis about the coins they are trading, of course this will be very likely for them to will fail in the trades that we make, it is true that when making trades of course we must have good skills in analyzing the market and must also make the right decisions so as not to experience failure in trading.

[MissNonFall9]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

when you trade not with skill and knowledge, then you trade like a gambler who bets with his money.
but when you know and understand trading, then you will know the difference between trading and gambling.

trading is not an easy matter. Your friend must be diligent to be able to return the funds he has lost in trading. and I don't think it will be easy and it won't be in a short time.

I think even in that case, you are risking it that's true but it is still not gambling. The difference is that gambling is something that is done against the casino and you are going to lose it all in all, which means that we are going to have trouble if we do it long enough. Whereas at trading, even if you are not that good then it would be very tough to handle on the long run as well, we need to consider that as much as we possibly could.

Gambling is terrible and you should not do it if you are not rich enough, that should be the most important part. Gambling is for fun, you just end up with something that would cause a lot of trouble and we should try to avoid it as much as we possibly could and not make any changes at all.

You rightly say that gambling should be avoided. But it should not be avoided by "enough rich or enough poor". Because gambling is totally dependent on luck, gambling does not bring good results unless luck helps, so it should be avoided by all. Trading is completely knowledge-based which I think we can win with sufficient study, historical analysis and proper intelligence application. So while trading one must train to control fear and greed and must select the right time while trading.

[retreat]

It depends, in practice a trader can gamble or trade. For example, if a trader trades using analysis, strategy and reading the news before determining his position then that can be said to be trading. But if a trader only relies on luck when placing a position, then it can be said to be gambling. So it depends on the trader, whether they trade in a real way or by gambling. However, in general, trading and gambling are two different things and cannot be equated.

[Dailyscript]

Trading seems a lot like gambling to me. I may be wrong in the opinion of many that's why I apologize first but I have observed many traders who have come here and lost everything and many have gone from zero to the top. I have also seen many people lose everything and then get it back which is unimaginable. So for the above reasons trading seems like a gamble to me but trading can never be a gamble.
To recover lost things after losing everything he had to be very patient here. My knowledge in trading is almost nil but from my observation, I say it is possible to move up from here too but one has to utilize time and opportunity one has to be patient.

Not because people are losing down to zero meaning they are gambling because in every investments there are losses so meaning everything is gambling? so why do we need to trade when this is a complete gambling?
never lead your way into wrong perception meaning don't just jump into conclusions when you did not even experienced being a trader because you are just giving your observation but not an experience, because indeed that you can lose in trading but at least the risk is very little than what you can lose in gambling that mostly just pure luck even how hard to studied (not unless this is sports betting that has skills and knowledge)

No, just because every investment has a loss doesn't mean it's gambling. Business is about profit and loss, so there can be profit and also loss.

I think you're just basing my "trading feels like gambling to me" statement. My main theme was "But trading can never be gambling."

And I found your words "never lead your way into wrong perception" to be very valuable. Because if we want to change life, our values or ideas come first. I know this is very hard for me to trade. Although I don't have any trade experience I am going to be involved in the trade by thesis and reviewing the history.

You have spoken well. People tend to think it is bad trading or investing. While relating them to gambling, I want to know if gambling is bad.

Let us understand that whatever we do to make money that we are not certain of is totally a risk. We learn skills most times when we are not certain that it is what we would be doing to meet life needs. So trading is not gambling, and it shouldn't be misinterpreted by most people. Let us be sincere. Statistically speaking, there are more successful traders than gamblers. Gambling can be addictive, but trading is not. I hope OP can see the difference now.

[shawonngp]

Trading and gambling, their risks are exactly the same. Both trading and gambling are high risk. Making money from trading is very difficult. Trading and gambling, can make a man from rich to poor, and from poor to rich, it doesn't take long. If you are losing here, you better leave it and focus more on long term bitcoin holding, you can earn much more money from bitcoin holding as well.

No, if trading and gambling both of different so their risk is also something different, gambling is too high because it's like win or loose but in trading you good chances to make profits, because if you have patient to holding until get profit but there are no such opportunity in the gambling, so i think trading is less risky than gambling.

[Vinaa77]

Trading and gambling, their risks are exactly the same. Both trading and gambling are high risk. Making money from trading is very difficult. Trading and gambling, can make a man from rich to poor, and from poor to rich, it doesn't take long. If you are losing here, you better leave it and focus more on long term bitcoin holding, you can earn much more money from bitcoin holding as well.

No, if trading and gambling both of different so their risk is also something different, gambling is too high because it's like win or loose but in trading you good chances to make profits, because if you have patient to holding until get profit but there are no such opportunity in the gambling, so i think trading is less risky than gambling.

In both cases, of course there is a risk of losing money used for gambling or trading, if we can understand trading well of course they will be able to analyze the market well and this will be able to make the right decisions on the investments they make and in gambling. only luck can win the games we play and it is very difficult to predict the games we play, and I don't fully agree with what you say, the risks we get from gambling and the risks we get from trading of course both have big risks if we can't do well.

[BD Technical]

Trading is not all about tides because only those who understand or do training will understand what they think or do because trading is your mind atheist or your own.  Check on skills that you.  It is not quite similar to gambling in that you get the profit after the profit comes or if your operation is correct then you will get the profit.  How can not everyone do the training because everyone can play gambling because gambling is going to such a site or you know you are one?  Play or you gamble on a website or casino where you deposit money or win depending on your luck.  It can also be called luck trading because in trading you will always get on your own skills or luck will also have to cooperate with you.

[Awaklara]

In both cases, of course there is a risk of losing money used for gambling or trading, if we can understand trading well of course they will be able to analyze the market well and this will be able to make the right decisions on the investments they make and in gambling. only luck can win the games we play and it is very difficult to predict the games we play, and I don't fully agree with what you say, the risks we get from gambling and the risks we get from trading of course both have big risks if we can't do well.

First of all, we must agree that gambling and trading are different activities. People who understand trading and being a gambler will also feel and know where the difference lies.
If you only do one of them, maybe you won't be able to tell where the difference is. especially those who trade futures by only estimating, not analyzing. so it does seem like betting.

[leonair]

In both cases, of course there is a risk of losing money used for gambling or trading, if we can understand trading well of course they will be able to analyze the market well and this will be able to make the right decisions on the investments they make and in gambling. only luck can win the games we play and it is very difficult to predict the games we play, and I don't fully agree with what you say, the risks we get from gambling and the risks we get from trading of course both have big risks if we can't do well.

First of all, we must agree that gambling and trading are different activities. People who understand trading and being a gambler will also feel and know where the difference lies.
If you only do one of them, maybe you won't be able to tell where the difference is. especially those who trade futures by only estimating, not analyzing. so it does seem like betting.

Trading like a stock business but gambling is gambling. In the case of trading, if the price of a token or coin falls, holding it will recover it later, but in the case of gambling, either loss or win will occur. If you lose, you have to lose the entire bet amount and if you win, you get double or multiple returns according to Odd. so gambling is always high risky and trading is risky but not too much. here who have enough patience for holding he/she can make profit. but gambling totally depend on luck

[Denamen]

I just commented on a thread about following simple rules like cutting losses, and I want to tell all of you about my friend. He did cut losses when the Bitcoin price dropped under $6-10k in 2019 or something. I just remember there was a time when Bitcoin dropped to that price, and he had to follow his rule, cutting losses on all his Bitcoin. But just around a short time later, Bitcoin recovered fast and went to a new peak price. Lol. He was so regretful. Yes, trading needs some luck alongside your skill.

[MissNonFall9]

Trading seems a lot like gambling to me. I may be wrong in the opinion of many that's why I apologize first but I have observed many traders who have come here and lost everything and many have gone from zero to the top. I have also seen many people lose everything and then get it back which is unimaginable. So for the above reasons trading seems like a gamble to me but trading can never be a gamble.
To recover lost things after losing everything he had to be very patient here. My knowledge in trading is almost nil but from my observation, I say it is possible to move up from here too but one has to utilize time and opportunity one has to be patient.

Not because people are losing down to zero meaning they are gambling because in every investments there are losses so meaning everything is gambling? so why do we need to trade when this is a complete gambling?
never lead your way into wrong perception meaning don't just jump into conclusions when you did not even experienced being a trader because you are just giving your observation but not an experience, because indeed that you can lose in trading but at least the risk is very little than what you can lose in gambling that mostly just pure luck even how hard to studied (not unless this is sports betting that has skills and knowledge)

No, just because every investment has a loss doesn't mean it's gambling. Business is about profit and loss, so there can be profit and also loss.

I think you're just basing my "trading feels like gambling to me" statement. My main theme was "But trading can never be gambling."

And I found your words "never lead your way into wrong perception" to be very valuable. Because if we want to change life, our values or ideas come first. I know this is very hard for me to trade. Although I don't have any trade experience I am going to be involved in the trade by thesis and reviewing the history.

You have spoken well. People tend to think it is bad trading or investing. While relating them to gambling, I want to know if gambling is bad.

Let us understand that whatever we do to make money that we are not certain of is totally a risk. We learn skills most times when we are not certain that it is what we would be doing to meet life needs. So trading is not gambling, and it shouldn't be misinterpreted by most people. Let us be sincere. Statistically speaking, there are more successful traders than gamblers. Gambling can be addictive, but trading is not. I hope OP can see the difference now.

One thing I want to say before we get into "Is gambling bad or good" is that when we earn something very hard that thing is well maintained by us and it will be worth more to us. On the other hand what we get easily lacks sincerity to maintain and cannot be retained.
And I agree with you and reiterate that of both business and gambling, gambling is the riskiest and the probability of success here is many times lower than business. Another point I want to highlight is that gambling is an addiction but business is a matter of absolute love and compassion.

[lalabotax]

Some persons keep saying that trading is almost the same thing like gambling but the difference is very clear.
There are also gambling traders that don't always have the patience to stick to the strategies that will help them to keep winning more.
It is good for us to weigh our trading skills and know whether truly we are gambling traders or not. It is very important for us to use good strategies to trade so we have a better results.

People who assume trading is the same as gambling, they probably don't understand what trading is.
Sure, the difference is very obvious, trading requires skills or knowledge. Meanwhile gambling doesn't really need skills or knowledge. If we play slots, we can play the game without any skills. In trading, you can' trade at all if you don't have the knowledge. Even if you can learn through demo trading feature, it won't work well to gain profits without a proper knowledge. So, knowledge or skills is a fundamental part in trading, but it is not so crucial thing in gambling.

[2Pizza410000BTC]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Gambling and trading are different in their own way. Like you can make your trading successful by your own research in trading platform but by your own research in gambling platform though some luck can be changed in sports betting but unique gambling site depends entirely on luck. I treat gambling and trading platforms separately. Perhaps the person quoted here is involved in futures trading due to which he lost his money momentarily at the peak of the market's decline or rise. If he is very experienced in the trading platform then it is possible to recover his money from the trading platform and if he is not very experienced in the trading platform then his recovery will be very difficult.

[Barikui1]

No, I don't really think so, trading has nothing to do with gambling, they are totally different from each other, because gambling is a game of luck, while trading is based on knowledge,  and the your ability in the craft.

Those traders that are trading as if they are gambling are mostly the cause of people comparing gambling and trading together, in trading you don't chase losses like they do in gambling, because if you do, you will surely do yourself more harm than good, but their are traders who are making it big because they have masters the craft, and they know when to trade and when not to trade, those set of traders are the profitable traders, while in gambling their is no mastery, it's a game that is base on how lucky you are on that day, nothing more.

[Coin_trader]

No, I don't really think so, trading has nothing to do with gambling, they are totally different from each other, because gambling is a game of luck, while trading is based on knowledge,  and the your ability in the craft.

Correct distinction between gambling and trading. Although there is part of trading that already consider as gambling due to the high risk involved which is the high leverage futures trading. Those exchange offering x100 or more on leverage is already considered gambling for me since there’s no skills or knowledge that can predict accurately what will be the movement of Bitcoin on short period of time considering how volatile the market upside down.

Those traders that are trading as if they are gambling are mostly the cause of people comparing gambling and trading together, in trading you don't chase losses like they do in gambling, because if you do, you will surely do yourself more harm than good, but their are traders who are making it big because they have masters the craft, and they know when to trade and when not to trade, those set of traders are the profitable traders, while in gambling their is no mastery, it's a game that is base on how lucky you are on that day, nothing more.

I don’t agree on this. Any instrument that can incur loss or profit makes it’s user always subjective to chasing lose. It’s not about trading or gambling bur rather due to the human behavior of being greedy in time of losses and profit. There’s always a trader that will trade to chase loss no matter what happened because this is the typical behavior of human. Maybe you are not doing this but there’s still a lot of traders that losing and keep trading just to recover their losses and get profit.

[stomachgrowls]

No, I don't really think so, trading has nothing to do with gambling, they are totally different from each other, because gambling is a game of luck, while trading is based on knowledge,  and the your ability in the craft.

Those traders that are trading as if they are gambling are mostly the cause of people comparing gambling and trading together, in trading you don't chase losses like they do in gambling, because if you do, you will surely do yourself more harm than good, but their are traders who are making it big because they have masters the craft, and they know when to trade and when not to trade, those set of traders are the profitable traders, while in gambling their is no mastery, it's a game that is base on how lucky you are on that day, nothing more.

Trading would really be just that become gambling on the time that you wont really be applying any analysis in regarding into your trades on which this is something that you can really be able to tell that
you are really that indeed doing gambling on this case. When it comes to risks handling then it would really be that depending into those people who would really be doing or making out such engagement
on where trading is something that needs up that kind of strategy and analysis on what you are really that been dealing off with. You cant really just that make out some trading without any basis
because once you have done this then you are just basically doing gambling.

It would really be needing up that different approach on how you would really be dealing up with things because once you do find yourself having that kind of treatment towards
trading on which you do make out some pure guess on where prices could go then its just simply gambling.

[Cookdata]

No, I don't really think so, trading has nothing to do with gambling, they are totally different from each other, because gambling is a game of luck, while trading is based on knowledge,  and the your ability in the craft.

Perhaps you should say that gambling is all about luck and knowledge probability while trading is using knowledge in technical and fundamentaly about what you are trading at hand. Gambling and trading are never th same and doesn't correlate at all but I think futures can b categorized as a form of gambling but in trading form. In spot trading, you only have unrealized proofs and loss but futures is not realize unless you are using cross margin which requires more money if liquidation is coming close.

Those traders that are trading as if they are gambling are mostly the cause of people comparing gambling and trading together, in trading you don't chase losses like they do in gambling, because if you do, you will surely do yourself more harm than good, but their are traders who are making it big because they have masters the craft, and they know when to trade and when not to trade, those set of traders are the profitable traders, while in gambling their is no mastery, it's a game that is base on how lucky you are on that day, nothing more.

A trader that fail to use technical and fundamental analysis is not trading, what the are doing is pure gambling which can lead to disaster one day. We have a lot of them right now in this bull run but they don't learn until the very day we have a hard correction the way we have been pumping all this while, you will see them calling crypto as a scam.

[God bless u]

Yeah you're absolutely right this is only the modern shape of calculative gambling I will say.There is not that much of a risk like gambling. Risk in trading depends on certain factors and if you're not very greedy you can of course do risk free investments. Bitcoin and the top altcoins mostly give you profits and there is a very small chance of failure.

The point here is to consider trading as a side income until you become professional enough to peruse this as a full time career. Newbies with a kind that it'll make them millionaires come and invest blindly without having much knowledge. You can't blame crypto for everything and you can hide your greediness behind it.

[Volimack]

Trading and gambling are two completely different things. In trading skill plays a major role but in gambling it is all about luck. In gambling nothing is predictable but in trading many things are predictable and predictable. If you work according to that you can reduce the loss a little bit if you want to test but it does not happen in gambling.

[jaberwock]

Trading and gambling, their risks are exactly the same. Both trading and gambling are high risk. Making money from trading is very difficult. Trading and gambling, can make a man from rich to poor, and from poor to rich, it doesn't take long. If you are losing here, you better leave it and focus more on long term bitcoin holding, you can earn much more money from bitcoin holding as well.

No, if trading and gambling both of different so their risk is also something different, gambling is too high because it's like win or loose but in trading you good chances to make profits, because if you have patient to holding until get profit but there are no such opportunity in the gambling, so i think trading is less risky than gambling.

I do agree that the risk is high in both of them and that is why people consider it the same, but that doesn't mean that we are going to end up with anything similar if we know what we are doing. I think it's quite important to realize that we are going to end up with a lot better results at trading and that should be the most important part. I hope that we could just consider the situation to be dissimilar when you end up learning how to trade, that's the most important thing.

I think what we do not know how the result will be and gamble differently when we do not know how to trade. In that situation then we can say that a newbie trader and a gambler could have quite similar results which would be a bit of a trouble.

[redsun114]

Some persons keep saying that trading is almost the same thing like gambling but the difference is very clear.
There are also gambling traders that don't always have the patience to stick to the strategies that will help them to keep winning more.
It is good for us to weigh our trading skills and know whether truly we are gambling traders or not. It is very important for us to use good strategies to trade so we have a better results.

People who assume trading is the same as gambling, they probably don't understand what trading is.
Sure, the difference is very obvious, trading requires skills or knowledge. Meanwhile gambling doesn't really need skills or knowledge. If we play slots, we can play the game without any skills. In trading, you can' trade at all if you don't have the knowledge. Even if you can learn through demo trading feature, it won't work well to gain profits without a proper knowledge. So, knowledge or skills is a fundamental part in trading, but it is not so crucial thing in gambling.

There is one part of gambling that requires skills, knowledge, and experience and if one has all these, they can make some money from it in the long run. I'm talking about sports betting, it is the only part of gambling that isn't completely dependent on luck and one needs knowledge and experience to win most bets in it. So, maybe it is what some people tend to compare with trading.

There is one more thing that might be the reason for all these comparisons that people make between trading and gambling, it is trading spheres that are a bit more risky than others, such as options trading and futures trading where one can lose their money if their trades go here and there just a little bit.

[Miles2006]

Trading and gambling are two different thing but both are channeled to making fast money, the reason why investing will never be compared to both is just because investing has to do with holding. I have heard similar saying like this and people emphasize more on the luck involved in gambling but I totally disagree, gambling has nothing to do with luck even if people earn by chance it depends on how he/she placed their bet. Trading at the other hand has to do with serious learning process and without the knowledge there's no  success, the features of trading is more complex compared to gambling.

[bettercrypto]

Trading and gambling, their risks are exactly the same. Both trading and gambling are high risk. Making money from trading is very difficult. Trading and gambling, can make a man from rich to poor, and from poor to rich, it doesn't take long. If you are losing here, you better leave it and focus more on long term bitcoin holding, you can earn much more money from bitcoin holding as well.

No, if trading and gambling both of different so their risk is also something different, gambling is too high because it's like win or loose but in trading you good chances to make profits, because if you have patient to holding until get profit but there are no such opportunity in the gambling, so i think trading is less risky than gambling.

I do agree that the risk is high in both of them and that is why people consider it the same, but that doesn't mean that we are going to end up with anything similar if we know what we are doing. I think it's quite important to realize that we are going to end up with a lot better results at trading and that should be the most important part. I hope that we could just consider the situation to be dissimilar when you end up learning how to trade, that's the most important thing.

I think what we do not know how the result will be and gamble differently when we do not know how to trade. In that situation then we can say that a newbie trader and a gambler could have quite similar results which would be a bit of a trouble.

That's true; they have the same risk, but they're not at the same level, and they don't have the same features. Trading in cryptocurrency is not based on guesswork; instead, it really needs knowledge to get you a consistent profit.

Unlike gambling, you can win a huge jackpot if you are a new or old member of the casino. Whether you know something or not, you can immediately get a big win in gambling, which in trading is no longer the same concept.

[Bonny070]

you said your friend lost almost $5000 and he is pursuing his losses, he should be buying and selling, he will not be losing any more.just buy and hold it when it rises you sell and make your money, and again he should learn how to conquered greed, because of greediness that makes more traders Loss their income. tell him I said he should not Chase his losses or else he loses more.

[milewilda]

Trading and gambling, their risks are exactly the same. Both trading and gambling are high risk. Making money from trading is very difficult. Trading and gambling, can make a man from rich to poor, and from poor to rich, it doesn't take long. If you are losing here, you better leave it and focus more on long term bitcoin holding, you can earn much more money from bitcoin holding as well.

No, if trading and gambling both of different so their risk is also something different, gambling is too high because it's like win or loose but in trading you good chances to make profits, because if you have patient to holding until get profit but there are no such opportunity in the gambling, so i think trading is less risky than gambling.

I do agree that the risk is high in both of them and that is why people consider it the same, but that doesn't mean that we are going to end up with anything similar if we know what we are doing. I think it's quite important to realize that we are going to end up with a lot better results at trading and that should be the most important part. I hope that we could just consider the situation to be dissimilar when you end up learning how to trade, that's the most important thing.

I think what we do not know how the result will be and gamble differently when we do not know how to trade. In that situation then we can say that a newbie trader and a gambler could have quite similar results which would be a bit of a trouble.

That's true; they have the same risk, but they're not at the same level, and they don't have the same features. Trading in cryptocurrency is not based on guesswork; instead, it really needs knowledge to get you a consistent profit.

Unlike gambling, you can win a huge jackpot if you are a new or old member of the casino. Whether you know something or not, you can immediately get a big win in gambling, which in trading is no longer the same concept.

Same risks only if it turns out that you wouldnt really be applying any analysis on the time that you do make out trades on which there's so much difference if we do speak about the risks level
which it will really that matter on how you do make  things to happen. Trading is not for leisure and that the main difference if we do speak about the actual purpose of both things
on which we know that trading isnt something like that. Things would really be just that turns out to be gambling if you wont really be applying any analysis which i have said earlier.
For gambling then there are really that moments that you would be also needing to apply analysis too on which it would be something that be on strategic games but
in overall i dont see that gambling and trading could really be having that equal risks when it comes to this manner.

[Franctoshi]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Majority of traders approach the market wrongly because of the urge to make quick money ,hence they're not patient with the market, one thing I have got to understand over the years of trading is that market will definitely play with your emotions, and if you could notice, most times you opened an order, the price tends to go against you first, and what's the aim? to trick you out ,and the moment you quit that trade, you will be to see it going up or down again depending on which direction the market wants to go, However, No doubts, in as much the market is hugely manipulated by market movers, this is why to survive in this game you must "manage risk" because if you are right with your analysis of the market, it will definitely go to the same direction,  and this happens when it must have succeeded in shaking out the weak hands out of the market.

Don't gamble the market, and play alongside the rules, your results will be different.

[GeorgeJohn]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

from the beginning I condemn the fact that people compare trading and the gambling and it is very obvious but gambling don't have to do with the trading of Bitcoin because from the  system You can see that tumbling game of luck and it does not have their perfect skill but you adopt or acquire Before you can be able to win a gambling properly weekly and the monthly constantly winning gambling why And threaded it has to do with skill acquisition and if you have not know the rudiment of trading you won't be able to excel well in Trading immortal understand and the comprehends the primary techniques of trading before you can make a profit why in gambling you cannot learn how to predict it is a game of luck and the game of opportunity.

I just commented on a thread about following simple rules like cutting losses, and I want to tell all of you about my friend. He did cut losses when the Bitcoin price dropped under $6-10k in 2019 or something. I just remember there was a time when Bitcoin dropped to that price, and he had to follow his rule, cutting losses on all his Bitcoin. But just around a short time later, Bitcoin recovered fast and went to a new peak price. Lol. He was so regretful. Yes, trading needs some luck alongside your skill.

with this Scenario It seems that not reading is something that I have to do with smartness and also a decision when you have your decision in Trading it's neither lead you into the positive part of benefit in Trading or it will lead you into the negative impact of threading so what you need is information in Trading and also observe the environment is not only about opportunity making a profit in Trading is based on your consciousness and your observation in Trading will make you to make a profit directly in trading

[deathcode]

Trading and gambling are two different thing but both are channeled to making fast money, the reason why investing will never be compared to both is just because investing has to do with holding. I have heard similar saying like this and people emphasize more on the luck involved in gambling but I totally disagree, gambling has nothing to do with luck even if people earn by chance it depends on how he/she placed their bet. Trading at the other hand has to do with serious learning process and without the knowledge there's no  success, the features of trading is more complex compared to gambling.

trade will remain trade. and gambling will remain gambling. that's something different. I don't know why you think gambling is not the result of luck. do you study gambling? do you analyze gambling?
You have to know why gambling depends on luck. that's because the odds of your bet are 50:50. the result is the possibility of you winning or losing. When you bet, you do not have any control over the bet you have made.

[Kelvinid]

Trading and gambling are two different thing but both are channeled to making fast money, the reason why investing will never be compared to both is just because investing has to do with holding. I have heard similar saying like this and people emphasize more on the luck involved in gambling but I totally disagree, gambling has nothing to do with luck even if people earn by chance it depends on how he/she placed their bet. Trading at the other hand has to do with serious learning process and without the knowledge there's no  success, the features of trading is more complex compared to gambling.

trade will remain trade. and gambling will remain gambling. that's something different. I don't know why you think gambling is not the result of luck. do you study gambling? do you analyze gambling?
You have to know why gambling depends on luck. that's because the odds of your bet are 50:50. the result is the possibility of you winning or losing. When you bet, you do not have any control over the bet you have made.

That seems right but for those traders who have lack of knowledge and experience, their journey is just like seeking luck and more chances of losing than earning. However, this won't change anything because trading can be learned and we can improve our chances unlike gambling as we still rely upon luck rather than our skills and experience.
Those who think that trading is like gambling are those people who are not even doing trading at all. And if we are a gambler, we can also say that gambling is not like trading as we can just bet based on our personal judgment, and if we are too lucky we win. 

[Bushdark]

Trading and gambling are two completely different things. In trading skill plays a major role but in gambling it is all about luck. In gambling nothing is predictable but in trading many things are predictable and predictable. If you work according to that you can reduce the loss a little bit if you want to test but it does not happen in gambling.

The two are completely different but we can still choose to gamble as a trader. The choice is left to any trader that wants to gamble with there funds. Trading is an act, we need to learn it very well to before a good trader not like gambling that anyone could enter and make money based on luck. We need to be relaxed and patient for us to make money in the market especially if we are responsible traders.
There is also gamblers in traders that are after making fast profit from the market trying to gamble their luck.

[Z_MBFM]

Trading and gambling are two completely different things. In trading skill plays a major role but in gambling it is all about luck. In gambling nothing is predictable but in trading many things are predictable and predictable. If you work according to that you can reduce the loss a little bit if you want to test but it does not happen in gambling.

The two are completely different but we can still choose to gamble as a trader. The choice is left to any trader that wants to gamble with there funds. Trading is an act, we need to learn it very well to before a good trader not like gambling that anyone could enter and make money based on luck. We need to be relaxed and patient for us to make money in the market especially if we are responsible traders.
There is also gamblers in traders that are after making fast profit from the market trying to gamble their luck.

How can trading and gambling be one? can cryptocurrencies be used in both places to combine the two? Gambling is a game of chance. and trading is a type of investment. the better you can analyze here and buy and hold potential coins for the right time, the more profit you will get. And there are 2 types of trading, one is long term and the other is short term, but both can be profitable. and in gambling, if you win, you gain and if you lose, you have to lose the entire money. so gambling and trading are by no means the same.

[Rabbitqt]

Trading and gambling are two completely different things. In trading skill plays a major role but in gambling it is all about luck. In gambling nothing is predictable but in trading many things are predictable and predictable. If you work according to that you can reduce the loss a little bit if you want to test but it does not happen in gambling.

The two are completely different but we can still choose to gamble as a trader. The choice is left to any trader that wants to gamble with there funds. Trading is an act, we need to learn it very well to before a good trader not like gambling that anyone could enter and make money based on luck. We need to be relaxed and patient for us to make money in the market especially if we are responsible traders.
There is also gamblers in traders that are after making fast profit from the market trying to gamble their luck.

How can trading and gambling be one? can cryptocurrencies be used in both places to combine the two? Gambling is a game of chance. and trading is a type of investment. the better you can analyze here and buy and hold potential coins for the right time, the more profit you will get. And there are 2 types of trading, one is long term and the other is short term, but both can be profitable. and in gambling, if you win, you gain and if you lose, you have to lose the entire money. so gambling and trading are by no means the same.

Trading isn't an investment; investing is an investment. At the end of the day, trading is nothing more than educated gambling. An inexperienced trader is just like a gambling junkie; an experienced trader is like a card counter; they are still gambling, just in different formats. All you have to do is manage a positive win rate to make it profitable.
 
As someone who has been trading for 8 years (full time) and a professional poker player for 12 years, the two have very common similarities, and to be honest, their mindset is basically the same.


, if you win, you gain and if you lose, you have to lose the entire money

Not true, only if you're a degenerate (margin trading). In gambling (professional), there is the concept of risk management and bankroll management. These practices are just like trading. E.g., never trade your full bank roll, use stop-loss, etc. At this point I'm convinced you're choosing not to see the similarities.

[goldkingcoiner]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

He has lost almost $5000 dollar in course of his trade and he is still positive that he is going to recover all is lost money back in his next trade. I don't really know how trading works that much cause what I have learnt and I have been used to is to Buy a certain asset like the BTC or any valuable asset that will appreciate with time and HODL it. I know that this strategy isn't for someone of his kind that's basically looking for any immediate means of doubling his income and so long term investment won't necessarily seem a good idea for him.

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

No, gambling and trading are very different. For the main part, gambling casinos will always have a 'house edge' which ensures they win more often than the players. This has to do with probability. In trading, the odds are the same for everyone (except insider traders). The only thing that sets you apart in trading is having the ability to create your own "edge" by making good judgement calls on coins/investments that are worth trading. And that depends on your experience, skills, willpower and knowledge.

There is a huge difference in investing in some unknown memecoin or into a worthwhile business.

[dansus021]

Isn't trading almost like gambling? Hmmm yeahhhhh I would say yes a little bit because we cant predict accurately every time where the market goes.

It would be gambling if you don't have a proper analysis and go DEGEN with leverage x999999  trade spot and keep crafting your analysis you might find that trade is not a gamble and can earn decent of money

[Mame89]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Of course trading and gambling are different things, although there is a risk of losing money, in my opinion there are several differences between trading and gambling. One of them is that trading may have a time period, when we make a transaction, we ourselves determine when to buy and sell. This means we have a choice. For example, if we sell it now, we could lose money. We can choose to just hang on until prices improve and rise.

This does not happen in gambling, we have to follow the game time period determined by the bookie himself, and we cannot survive. Apart from that, in gambling we also have no way of mitigating because in gambling there are only two choices, win 100% or lose 100%.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Yes, losses when trading certainly won't make your money back unless you haven't sold it, even if you have sold it and experienced a loss, all you need to do is rearrange your strategy so you don't experience another loss. .

[bettercrypto]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Of course trading and gambling are different things, although there is a risk of losing money, in my opinion there are several differences between trading and gambling. One of them is that trading may have a time period, when we make a transaction, we ourselves determine when to buy and sell. This means we have a choice. For example, if we sell it now, we could lose money. We can choose to just hang on until prices improve and rise.

This does not happen in gambling, we have to follow the game time period determined by the bookie himself, and we cannot survive. Apart from that, in gambling we also have no way of mitigating because in gambling there are only two choices, win 100% or lose 100%.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Yes, losses when trading certainly won't make your money back unless you haven't sold it, even if you have sold it and experienced a loss, all you need to do is rearrange your strategy so you don't experience another loss. .

If in gambling 100% of the gamblers lose by playing gambling, while in trading the majority of the long-term holders of Bitcoin are 100%, they actually get a profit, but without knowledge and idea about trading, the majority of them didn't get any profit and are also 100%.

So no matter what others say that trading is like gambling, they cannot be the same because trading is a skill, while gambling will never be a skill but a habit that can destroy a person's life and can also change a person's life. if you're lucky.

[Woodie]

Today I visited a friend who is a forex trader, according to him he trades on the USD, gold and BTC and I normally don't fancy the idea of trading because it appears a bit complex for my understanding and from my little knowledge, it seems as though trading is almost same as gambling because at the end of your analysis you're not sure of the outcome of the trade since it's basically a short term adventure and the volatile nature of most traded items depict it to be uncertain with time.

Just so you know, we have people that also find gambling to be very complex not until they familiarize themselves to the world of gambling.

As of the belief that trading is as good as gambling, well let's just say it's somewhat correct because you can't always win when it comes to trading, but you can improve your winning chances by practicing to help formulate a strategy that will help the trader to improve the chances of winning and probably profitable!

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

First and foremost, losing is part of trading but this can be countered with a good risk management that will still leave you profitable with the few wins you have...and also the risk to reward matters alot because if you get anything below 1X you can't survive in the long term...Which is why you need to go into demo trading to learn your strategy, perfect your strategy and most importantly protect your capital.

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?

Without a proven strategy that works his doomed!!

And by the way, when it comes to trading risk management and emotions need to be managed well otherwise greed will take the best of you and you will lose money faster than you thought.

[Dzwaafu11]

My question is, isn't trading almost like gambling considering it uncertainty and also looking from the fact that he has lost a fortune out of trading within a short space of time?

Trading doesn’t even go the same way as gambling. I think the risk that is associated with trading is high, and also the risk associated with gambling. Since they both have almost the same risk, we can also call trading gambling, which is not true to me because before you start doing anything in trading, you must learn very hard for you to be a successful trader. There are many things you will do in trading before you will get money from trading, and in trading, you can’t predict the market; you must analyse and use your knowledge before you trade.

Unlike gambling, which is full of prediction, in gambling you can only predict; there’s no high chance of getting your reward back, and you, as a gambler, are not sure where you are putting your money, but in trading there is a way you will be making money as long as you are professional in the trading, which means you can’t be a professional gambler even if you are a professional gambler.