Isn't trading almost like gambling?

[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.