Why I think trading is no different from Gambling!

[betswift]

Trading is no different from gambling if you look at a newbie's perspective. But if you look at a professional trader's point of view, you will know that there's more to trading than gambling. While both can be prone of losing most especially for beginners, but with skills and good strategies applied in trading, there is higher rate of success and earning decent profits compared to gambling alone where everything relies on luck and chances.

You are right; trading is never like gambling for the veteran traders, because they know well about trading and not greedy, gambling is different thing where a gambler always seeking to get big profits again and again, they never want to lose but in trading you have to big lose at first time and then you learn from mistakes.

You lose as much as you are risking, as well as in gambling, but, you are right. About veterans, they can see much more than the newbies, the bigger picture, so to speak, to make their decisions more adjusted to the situation that's going on in the market.

[dunfida]

Trading is no different from gambling if you look at a newbie's perspective. But if you look at a professional trader's point of view, you will know that there's more to trading than gambling. While both can be prone of losing most especially for beginners, but with skills and good strategies applied in trading, there is higher rate of success and earning decent profits compared to gambling alone where everything relies on luck and chances.

You are right; trading is never like gambling for the veteran traders, because they know well about trading and not greedy, gambling is different thing where a gambler always seeking to get big profits again and again, they never want to lose but in trading you have to big lose at first time and then you learn from mistakes.

You lose as much as you are risking, as well as in gambling, but, you are right. About veterans, they can see much more than the newbies, the bigger picture, so to speak, to make their decisions more adjusted to the situation that's going on in the market.

The main difference of trading towards on gambling literally is on which you could really be able to apply analysis and expertise towards trading on which we know that on the time that you do have
these kind of skills then you would really be able to eventually make yourself that be more better with it on which it would really be something an advantage in compared to gambling on which we know
that it is really that purely relies on luck.Although trading would really be still somehow needing up some touch of luck but not all the time because you could eventually make out some good trades
basing up on how well you do apply those analysis into your trades. It might not be giving out that kind of guarantee but at least you do really know on what you are really that doing.

So better not to think off about this thing about both things are just the same because they arent. 

[Finestream]

For me, trading and gambling are very different, because when we start trading, we have prepared ourselves thoroughly, and are mentally strong so that everything that happens will be accepted and can be corrected for a better future, and we also have to master extra patience. to lead to good changes for our trading to be even better than the previous day.

Gambling is only about seeking profits through luck, we cannot be sure that we will continue to make profits when we start gambling, what we have to remember, when we start gambling, the first thing we have to accept is a loss, even if we win or win. Profitable means luck is on our side, so the difference between trading and gambling is clear.

They are supposed to be different, but the way people trade on this market in particular makes it obvious that for them trading and gambling are the same thing, and we can easily see many examples of this, since newbies in their rush to make as much money as they can, invest in all kind of altcoins hoping for at least one of those coins to experiment massive growth, and since they do this without knowing how to identify good projects and with minimal preparation, it is obvious that what they are doing is no different than gambling.

Newbies who trade who never prioritize learning the skill first and develop their strategies but rush into trading instead, the outcome will be certainly like gambling. They lose their funds in just a blink of an eye, same thing that people experience when they are in gambling.

However, people also learn from their mistakes and get even better eventually. So we cannot expect that these newbies will remain newbies in their way of thinking, but will also develop their skills out from their experiences until they become good and reliable traders.

[laijsica]

Trading is no different from gambling if you look at a newbie's perspective. But if you look at a professional trader's point of view, you will know that there's more to trading than gambling. While both can be prone of losing most especially for beginners, but with skills and good strategies applied in trading, there is higher rate of success and earning decent profits compared to gambling alone where everything relies on luck and chances.

You are right; trading is never like gambling for the veteran traders, because they know well about trading and not greedy, gambling is different thing where a gambler always seeking to get big profits again and again, they never want to lose but in trading you have to big lose at first time and then you learn from mistakes.

In some cases trading can affect like gambling such as relatively low cap coins where your capital carries huge risk in getting profit and again high profit which is totally dependent on guesswork. I think currency selection process should be perfect in investment to get more profit in short time but it is not easy process and you have to bear risk in every case. A veteran trader may use his experience to trade and they don't have too much emotion so they prefer to stay still and more likely to make profits than the newbies. They have even crossed a level of loss which may take their trading to a more stable level in the future.

[justdimin]

Actually, people who compare trading to gambling don't know anything about trading. They have only heard about trading, they do not know about Bitcoin or any altcoin, they have never tried it, and never invested or spent any time in research because once you experience it yourself, it is easier for you to decide what is actually beneficial or harmful.

I have never seen any coin or game in gambling that is said to be profitable. It may be beneficial in the future, while in trading we invest money now, after some time we get it double or even more. And the second thing is that the profit or loss in trading is based on your own education and experience. That's why I never react to people who call trading gambling because I know they don't understand anything about trading and are posting and commenting on hearsay.

That is true, because trading is nothing like gambling at all and they are not aware of what they are talking about. The only way we can say trading is anyway similar to gambling would be futures without knowing anything and just jumping into high leverage trades. It's clear that people are aware of the fact that spot trading is nothing like gambling and they are still comparing it, which shows us that they are so uninformed about how to trade that they think it's like gambling. If they studied and learned how to be a better trader, they would have seen the difference, meaning that it is not about lack of understanding, it is the lack of studying it.

Anyone who knows how trading works, would know the difference, if they do not know the difference that means they have never studied to be better at it, which caused them to be ignorant about the differences between the two. Simple mistake, if you never studied geography, you would think USA is right under Australia too, you just have to learn some stuff.

[shawonngp]

If you've lose a lot from both trading and gambling, you can really attest that they are both the same. But if you make more profits from trading alone compared to gambling, you can't tell that trading is like gambling. With trading, if you have the skills and the right strategies to make an edge over its uncertain market, you will be creating some profitable gains, but if you only rely on luck same what you did in gambling, well you will definitely lose in both aspects.

Newbies consider trading and gambling both of same. They expected profits in trading but when see they lost everything at end up, their mind is changing about trading like it's same to gambling. Lack of skill they lose in every market as like crypto trading, gambling and forex trading.

Thinking about making money in a quick way, that's how newbie treat trading they just look at it as income opportunities without weighting the risk that they are going to face, they just realize things when they already lose a lot and most the time those who suffer from gret loss thinks that trading is a scam.

They lose and leave the the market as they mistakenly treats trading as it was been played like gambling which more on luck and not with understanding and knowledge.

They thinking trading is easy way to make money then gambling, I know some people they lose a lot of money in gambling then they are coming in trading, So they are thinking trading is easy and quick way to make money but they also lost money in trading and then thinking trading is a big scam.

[Zanab247]

Trading is literally like gambling if you enter trading without knowing. You can’t beat the market and turn your trades into success simply because you weren’t a good and experienced trader, and you lack even the basic requirements in trading like filling yourself with onhand knowledge and develop your own skills and strategies in trading. So it’s never a doubt that you will end up trading like gambling, but for those who have great experience and are already skillful in trading, they realized that there’s more probability to gain some decent profits in trading compared to pure gambling.

When you don't have the knowledge of trading, that is when you see people like this thinking trading is like gambling, which is not true because you can have full assurance of making money from trading when you have the knowledge but it will be hard for you to have full assurance of making money from gambling everyday even though you have the knowledge of gambling.

No matter how good you are in the gambling, it will be hard for you to maintain the winning  regularly because the risk to win regularly from gambling is very high, but the risk to win from trading regularly is very low when you have the experience and it will be hard to some people to discourage you not to go into trading because they know that, is more profitable than gambling. I have little budget on gambling daily because I know the risk involve, and if you are not careful with gambling, you can be addicted to it, and it will make you to lose so much money, but no matter the amount of money you use to trade in the market, it will increase your profit when you have the knowledge.

[Septex]

I totally disagree with your comment that "trading and gambling are one and the same". Because gambling is one thing and trading is another. These two are completely different things. Here you may double your profit or you may lose your capital completely in gambling. Trading on the other hand may make you profit or you may lose part or a large part of your capital. You can differentiate between trading and gambling only when you get detailed knowledge about trading and then start doing it. In the case of trading, if the market is properly analyzed and traded for a long period of time, then there are many examples in cryptocurrency that people have gained a lot of profit. Now if you start trading only based on some sources without knowing the right information and soon you get frustrated and lose money instead of making profit then it is your own fault. One thing to remember is that if you want to do something about anything, you must acquire detailed knowledge about that subject, at least as much knowledge as you need to know. So my advice is to do your research before you start trading and do a past research on the coins you want to trade and then trade with smaller funds. Hopefully this will bring you future profits and clear up your misconceptions.

[$weetne$$]

In some cases trading can affect like gambling such as relatively low cap coins where your capital carries huge risk in getting profit and again high profit which is totally dependent on guesswork. I think currency selection process should be perfect in investment to get more profit in short time but it is not easy process and you have to bear risk in every case. A veteran trader may use his experience to trade and they don't have too much emotion so they prefer to stay still and more likely to make profits than the newbies. They have even crossed a level of loss which may take their trading to a more stable level in the future.

Trading and gambling can not be the same thing and I do not believe that someone can be gambling and say he is trading and still make profits. If someone is doing the other while thinking he is trading, is their mistake that they are making because they will regret not learning how to trade with money without any experience because of the losses that they will be getting. Instead of deceiving yourself that you are trading while what you are doing is gambling, it will be better you spend money to learn how to trade so that you can gain the skills and it becomes a part of you. After learning how to trade and you do it frequently, it will become a part of you and you can trade with more confidence because you know what you are doing and can make money from it because, you are not just guessing.

[tottong]

I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

Trading basically has several types and it depends on what kind of trade you want to run.
When it comes to spot trading then this will be a lot different thinking about gambling because the pattern is not betting but analyzing the price of a certain coin and even if the analysis is wrong then your coin is still in the amount of purchase.
It is different when you are involved in futures trading because you can make the leverage according to what is available on the exchange, so this type can be said to be almost like gambling.

In this case I interpret trading as a hedging step because it does not make decisions involved in it like in gambling and maybe other people have different views.

[EarnOnVictor]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

You are very wrong, bro. You said a lot but didn't still reflect your topic in any constructive way. You can't just assume that trading is gambling because risk is also involved in trading, it's not the same as gambling. Have you considered the modality of the two to be better informed about them? You have to learn and fully know how to trade before you conclude on that, and when you know how to trade very well, you might deposit and even if you didn't earn a significant amount, it's certain that you will not lose your money. The issue with people is that they lack the correct expertise to trade but will be complaining instead of upgrading.

A few points below should show some distinction between the two. Unlike gambling;

1. Trading allows proper money and risk management to the extent that you can override your losses and the weakness of your strategy with the right risk-to-reward ratio.

2. You don't commit your money at once to trading and if you are in a wrong trade, you can close the order immediately. This means hope.

3. You are doing business when you trade, so the economies must follow, yours is to read the condition correctly.

4. Your stop-loss and take-profit tools can't be taken for granted.

5. You have access to analyses that will help you make an informed decision.

6. And many more, just do your research.

[Taskford]

In some cases trading can affect like gambling such as relatively low cap coins where your capital carries huge risk in getting profit and again high profit which is totally dependent on guesswork. I think currency selection process should be perfect in investment to get more profit in short time but it is not easy process and you have to bear risk in every case. A veteran trader may use his experience to trade and they don't have too much emotion so they prefer to stay still and more likely to make profits than the newbies. They have even crossed a level of loss which may take their trading to a more stable level in the future.

Trading and gambling can not be the same thing and I do not believe that someone can be gambling and say he is trading and still make profits. If someone is doing the other while thinking he is trading, is their mistake that they are making because they will regret not learning how to trade with money without any experience because of the losses that they will be getting. Instead of deceiving yourself that you are trading while what you are doing is gambling, it will be better you spend money to learn how to trade so that you can gain the skills and it becomes a part of you. After learning how to trade and you do it frequently, it will become a part of you and you can trade with more confidence because you know what you are doing and can make money from it because, you are not just guessing.

Cannot really be the same for the fact that gambling is activity where chances to regain your money is not really possible since losing everything meaning the end of your sessions with that activity.

But in trading your balance is there. Traders are just dealing with paper loss and until they didn't sell everything they accumulated that means they are still fine and could able to recover back the funds they spent for the coins they bought. I think what make people think its the same its because of the risk. But they cannot really compare trading and gambling since the structure is really different. Really more better for people to learn more about trade since with this for sure they can figure out on how they can earn more money compare on gambling which rely everything on their luck.

[Fredomago]

If you've lose a lot from both trading and gambling, you can really attest that they are both the same. But if you make more profits from trading alone compared to gambling, you can't tell that trading is like gambling. With trading, if you have the skills and the right strategies to make an edge over its uncertain market, you will be creating some profitable gains, but if you only rely on luck same what you did in gambling, well you will definitely lose in both aspects.

Newbies consider trading and gambling both of same. They expected profits in trading but when see they lost everything at end up, their mind is changing about trading like it's same to gambling. Lack of skill they lose in every market as like crypto trading, gambling and forex trading.

Thinking about making money in a quick way, that's how newbie treat trading they just look at it as income opportunities without weighting the risk that they are going to face, they just realize things when they already lose a lot and most the time those who suffer from gret loss thinks that trading is a scam.

They lose and leave the the market as they mistakenly treats trading as it was been played like gambling which more on luck and not with understanding and knowledge.

They thinking trading is easy way to make money then gambling, I know some people they lose a lot of money in gambling then they are coming in trading, So they are thinking trading is easy and quick way to make money but they also lost money in trading and then thinking trading is a big scam.

Indeed, there are people who have that kind of mentality moving to trading after not having a good run with their gambling, thinking that luck is also a factor and if chances  give them that kind of luck they might earn decently, but most of those who treats trading like gambling unable to manage to earn but mostly lose and quit their way thinking that trading is a scam business.

There are factors that needed to consider and you need a lot of time to work and be successful in this field not just bring your money in it and expect to earn decently.

[mirakal]

Precisely my point. While trading and gambling both involved risks and chances of losing, but the fact remains that you will only lose in trading if you start to trade unprepared and incapable enough. That's how newbies are doing these days, they rush to trading and suffer huge losses at the end of the day. However, with gambling, skilled or not, experienced or amateurs, all are at risk of losing simply because to gamble is to lose until you used up all your funds because of no discipline when gambling.

That's right, bro, I agree with what you said, when we start trading we have to first understand how it works and the system, don't let us take the wrong steps and cause us to fall into losses because we are too hasty to make a profit, there is a process for everything. - respectively, trading produces profits for us when we are skilled at running it, but we will also lose when we take the wrong steps in trading, different from gambling, gambling is definitely a loss if luck is not with us, many people gamble but They won't necessarily make a profit every time they gamble, the profits they get are smaller than the losses they receive, they lose more if they actually record their expenses and income, so both are equally profitable if we can take lucky steps.

It was not just a lucky step but a step made after gathering reliable resources and good analysis. We trade not relying on luck but knowledge and skill, which is a truly different approach to gambling. If we have been trading for many years, it will be to our advantage, but this will not be the same with gambling because our experience can't guarantee winning. That is why if we are trading, we make sure that we are totally equipped with all the necessary things, or else we are putting ourselves like we are gambling.

If we want to change the direction of our trading journey, then I believe we have also enhanced our level of understanding to make sure that we are heading towards our goal. 

[Farma]

In some cases trading can affect like gambling such as relatively low cap coins where your capital carries huge risk in getting profit and again high profit which is totally dependent on guesswork. I think currency selection process should be perfect in investment to get more profit in short time but it is not easy process and you have to bear risk in every case. A veteran trader may use his experience to trade and they don't have too much emotion so they prefer to stay still and more likely to make profits than the newbies. They have even crossed a level of loss which may take their trading to a more stable level in the future.

Trading and gambling can not be the same thing and I do not believe that someone can be gambling and say he is trading and still make profits. If someone is doing the other while thinking he is trading, is their mistake that they are making because they will regret not learning how to trade with money without any experience because of the losses that they will be getting. Instead of deceiving yourself that you are trading while what you are doing is gambling, it will be better you spend money to learn how to trade so that you can gain the skills and it becomes a part of you. After learning how to trade and you do it frequently, it will become a part of you and you can trade with more confidence because you know what you are doing and can make money from it because, you are not just guessing.

Both of these things are indeed not the same but both activities have the risk of losing money they do it without having skills when doing it and with gambling of course it will take a lot of luck to be able to get a win on the bets we play but with trading of course we have to learn well to be able to make a profit.
When someone wants to learn about trading, of course they must first try with a small capital and when they fail they will be able to improve and try again so that they have good trading skills and they will be able to make a profit when trading because it is very unlikely that someone will be able to make a profit if they do not have good trading skills.

[retreat]

-snip-
Please, am I wrong in looking at trading this way?.

You are probably trading the wrong way, because if a person trades correctly they at least get profit from their trades, even if it is not consistent at least they do not lose a lot of money. So most likely you are trading the wrong way and with the wrong mindset, because trading is different from gambling, trading can be said to be trading because it uses good patterns, strategies, and planning, not just placing orders or selling with their feelings.
But if you trade with a gambling mindset, then what will happen is like that, you lose a lot of money and you even equate it with gambling.

[Crypto Library]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

Yes, you have the wrong point of view on trading. Althought if you don't know about trading much, don't have the analysis knowledge of trading such as technical analysis, and fundamental analysis then trading is just like gambling for you. I don't know what trading you do and face loss but if it is future trading then it is the same as gambling for you.

I will suggest you not go for future trade and in the beginning first take knowledge about the analysis on trading then go for trading and you can also do long-term trading on bitcoin with DCA in this case the loss risk will much lower.

[jaberwock]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

Understanding crypto trading is something that takes an insane amount of learning, which is why it is not an easy thing, a lot of people fail to do it and a lot of people will never be good at it as well. I have to insist that if you really know what you are doing then you wouldn't really have this issue.

I believe that trading is a craft and something not a lot of people make money from, which is why the ones who fail to do it, consider it gambling because they never understand why they lose. If you knew what you should be doing then you would not consider this as gambling. I gamble almost daily, I trade almost daily too, and I can see the difference between them, it is not easy and there is a big difference for sure.

[laijsica]

-snip-
Please, am I wrong in looking at trading this way?.

You are probably trading the wrong way, because if a person trades correctly they at least get profit from their trades, even if it is not consistent at least they do not lose a lot of money. So most likely you are trading the wrong way and with the wrong mindset, because trading is different from gambling, trading can be said to be trading because it uses good patterns, strategies, and planning, not just placing orders or selling with their feelings.
But if you trade with a gambling mindset, then what will happen is like that, you lose a lot of money and you even equate it with gambling.

The tendency to equate trading with gambling can be wrong as gambling is mostly based on luck. Trading is the selection and investment of currencies with experience and scrutiny which can be done in a well-planned manner. If one chooses the wrong currency, he can lose capital, in which case he cannot blame luck and justify it.

If one chooses the right currency and gets profit accordingly, he should thank the right currency selection process like advice of experienced investors or empirical knowledge or market cap verification etc.

[Ndabagi01]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

If you’re a beginner at trading and you’ve not really gone in-depth into it to understand how to really trade, you’ll see it as gambling but believe me it’s not gambling. You only gamble in something you’re not sure of its outcome, no certainty whatsoever, you just predict it to go in a direction you foresee it to go. If you’re grounded in the knowledge of trading, you’ll be profitable. It’s a school that requires you to understand it and not just come into it and predict anything your mind tell you. Knowledge works in gambling so much and if you’re able to apply that sound knowledge into it, you’ll be profitable and you won’t see it as gambling.