TRADING IS NOT GAMBLING

[Chilwell]

The reason why people think say trading an gambling is same na because the two involved high risk .in gambling and trading person fit just lose all in money at once.Traders and gambler's get the same mission to get quick money ,for this reason wey make people come see the teo as the same thing.

These two things ( gambling and trading) na almost the same thing oo because them get similarities, both gambling and trading involve analysis though the analysis differs somehow because in gambling you go check the statistics of the game you want to play, their present performance and some other things and in trading you will  also need to check the current movement of the market, how the market behaves in an hour or days ago and current position of the market and the two involves putting money to get back money but one thing is certain, profit is not always guarantee.

But I don't think that their similarity is even up to their differences. What I mean is that I don't think that their similarities is much as the differences. So I don't think that we should consider them the same. They are many characteristics that differentiate trading from gambling. A trader must acquired some knowledge before he can be considered as a professional trader. While a gambler will not go through this processes and he or she can gamble any time he wants. There is hundred percent possibilities of loosing your money in both trading and gambling, but in trading there is 95% possibilities to find an effective/ efficient way to stop yourself from loosing unnecessarily. And it is obvious to anyone that it is very hard or should I said it is impossible to minimize, manage or reduce risk in gambling. In gambling if you win, you will win perfectly and if you lose you will fall flatly, because there is nothing that can be done in that particular moment.

[DiMarxist]

In understand the difference between trading and gambling you have to understand the factors involved, which majorly is the mindset. Because, your mindset in the two of them will determine if trading is a gambling or not. In the real sense trading is not a gambling, but your mindset can make it a gambling. For instance a gambler does not follow a structural method of getting money while trading requires a well structured pattern of getting money like the lot size, a trading plan and so much more a gambler is only interested in fast money.

[DubemIfedigbo001]

I'll be the very last person to agree that trading and gambling are the same thing. This is because trading has some deciding factors that you should consider before engaging beyond just reading candles. I've a friend that does synthetic trading, he is always on the news looking out for trends and developments across various nations that can either boost their currencies or depreciate it and then goes to the charts to observe more before placing his trade. The guy is doing very well as a trader. Most people just thinks that trading is all about reading charts and predicting outcomes, but there's more to it.

I'll take a little example, I knew when Blackrock moved 4113 BTC to coinbase last week and it fueled sell rumors which crashed the market slightly. Knowing that negative perception can influence price of Bitcoin adversely, I discussed it with my friends and some opened trades and made profits, if I had opened a trade against BTC, I would be in good gains, but I stopped trading years ago. I think information is key to be a successful trader, against just reading charts.

Gambling is just gambling. Easy way to lose money, risky,  dependent on luck, regardless of the strategy you employ.

Both are risky approaches to making money, but trading can be learned to make a career from it, but such can never be said about gambling

[Tungbulu]

In understand the difference between trading and gambling you have to understand the factors involved, which majorly is the mindset. Because, your mindset in the two of them will determine if trading is a gambling or not. In the real sense trading is not a gambling, but your mindset can make it a gambling. For instance a gambler does not follow a structural method of getting money while trading requires a well structured pattern of getting money like the lot size, a trading plan and so much more a gambler is only interested in fast money.

Mindset you say...
IMO Trading and gambling are one and same, the only difference between the both concept is that in trading, you're betting on asset class and gambling requires betting on sports events and games. And who told you that you don't follow a structural method in gambling? You require a strategic approach in both and after initiating your bet of trade, you mostly expect the result of your trade or bet within the short term. We can go on and on to argue this and I'll be willing to shift my mindset as soon as you or the OP is able to give me reasons beyond reasonable doubt that the both concept are different.

[Hannah$]

Trading and gambling are one thing, if you trade with this kind of mentality, then you will make your trading like gambling, that is, you will trade without understanding and without analyzing. We can never call trading gambling because to trade, you must know about it and adopt technical strategies which will work even if you do not do it in the case of gambling. Gambling is only that you can play without using your knowledge and if you are lucky, you can win, but in the case of trading, it is completely different. To trade, you have to see what kind of candle it is and whether the market is up or down, you also have to see how much the market matches your analysis. If you see that your analysis is correct and perfect, then you can win if you trade. However, in many cases, even after doing a lot of analysis, you have to lose.

[Hardyrobust]

Trading and gambling are one thing, if you trade with this kind of mentality, then you will make your trading like gambling, that is, you will trade without understanding and without analyzing. We can never call trading gambling because to trade, you must know about it and adopt technical strategies which will work even if you do not do it in the case of gambling. Gambling is only that you can play without using your knowledge and if you are lucky, you can win, but in the case of trading, it is completely different. To trade, you have to see what kind of candle it is and whether the market is up or down, you also have to see how much the market matches your analysis. If you see that your analysis is correct and perfect, then you can win if you trade. However, in many cases, even after doing a lot of analysis, you have to lose.

Trading an gambling are not the same thing but if we are to compare the two in terms of risk , there won't really be much difference. When it comes to bitcoin investment, trading of bitcoin is more like gambling . In trading you are exposing your assets to a very high risk which when compared with the risk that is involved in gambling is almost the same thing. For this reason trading is mostly view as gambling.

[Judith87403]

True true trading and gambling no be the same thing, na two different things wey fit wound you wetin no good, but one major thing wey I pick out from your write up is that luck fit shine on you in gambling, but in trading, if you no know anything about am, you don enter one chance because luck no dy work for trading,[/b] you earn base on wetin you know, and how  good you can control your emotions, but as for me, I see two of them as a dangerous game, especially trading because him dy even more brutal than gambling.
The emotional trauma wey come with trading is second to none, that time wey you no dy trade, you go feel like say na that Times you for make enough money, but once you enter wrongly, ur eye go clear, because the market go humble you sharp sharp.

This one way you talk for here na the koko dem, the reason why trading dey very different from gambling na because of this luck I don see person way no too sabi anything for gambling dey experience win but for trading if you no get all the information about how trading works you fit trade from now till next year na just lose you go dey see, because trading dey work with strategy and if you no know any of those strategy how you wan take make profit from trading, but for gambling nothing like strategy na luck we dey use survive for gambling. So for this reasons I think gambling need to stay on it's own Because aside from the equal risk they share I no see any relationship between trading and gambling again.

[Tetu100]

True true trading and gambling no be the same thing, na two different things wey fit wound you wetin no good, but one major thing wey I pick out from your write up is that luck fit shine on you in gambling, but in trading, if you no know anything about am, you don enter one chance because luck no dy work for trading,[/b] you earn base on wetin you know, and how  good you can control your emotions, but as for me, I see two of them as a dangerous game, especially trading because him dy even more brutal than gambling.
The emotional trauma wey come with trading is second to none, that time wey you no dy trade, you go feel like say na that Times you for make enough money, but once you enter wrongly, ur eye go clear, because the market go humble you sharp sharp.

This one way you talk for here na the koko dem, the reason why trading dey very different from gambling na because of this luck I don see person way no too sabi anything for gambling dey experience win but for trading if you no get all the information about how trading works you fit trade from now till next year na just lose you go dey see, because trading dey work with strategy and if you no know any of those strategy how you wan take make profit from trading, but for gambling nothing like strategy na luck we dey use survive for gambling. So for this reasons I think gambling need to stay on it's own Because aside from the equal risk they share I no see any relationship between trading and gambling again.

These are two things that has almost the same features, they are both risky and  you barely succeed in it unless luck choose to look at your direction that day, both of this do not required how expert or professional you are, however the slide difference between both is that trading seems working at times with knowledge and pass experience in market price while gambling is completely based on luck and privilege.

[SOKO-DEKE]

The main reason why people often view trading as a game is because both involve prediction. But the point is that gambling fully relies on luck even without knowing anything about it, someone can win due to the way gambling is designed, especially in places like casinos.However, in trading, especially with proper knowledge of the market and cryptocurrency, it is very hard for someone to succeed without understanding what they are doing. It’s not that trading doesn’t involve luck, but it’s not all about luck like gambling is.The truth is, both trading and gambling involve risk, and both can lead to loss of funds. That’s why some people categorize trading as gambling. But I believe trading is not gambling and can never be. It only shares some similarities, which causes confusion for some people.

[ruykeri]

The main reason why people often view trading as a game is because both involve prediction. But the point is that gambling fully relies on luck even without knowing anything about it, someone can win due to the way gambling is designed, especially in places like casinos.However, in trading, especially with proper knowledge of the market and cryptocurrency, it is very hard for someone to succeed without understanding what they are doing. It’s not that trading doesn’t involve luck, but it’s not all about luck like gambling is.The truth is, both trading and gambling involve risk, and both can lead to loss of funds. That’s why some people categorize trading as gambling. But I believe trading is not gambling and can never be. It only shares some similarities, which causes confusion for some people.

If I talk specifically about Bitcoin, then trading Bitcoin in the short term is the same as gambling. Because no one can really say what the price of Bitcoin will be in the short term. It is just like gambling, it is impossible to say what will happen in the future. And since investing in Bitcoin in the short term, everyone basically considers trading as a kind of gambling. And trading and gambling enthusiasts are addicted. No matter how many times one loses, he thinks that he will win the next time and make a lot of profit. So I think that although there are some differences, trading and gambling are almost the same thing according to some concepts.

[Ever-young]

If I talk specifically about Bitcoin, then trading Bitcoin in the short term is the same as gambling. Because no one can really say what the price of Bitcoin will be in the short term. It is just like gambling, it is impossible to say what will happen in the future. And since investing in Bitcoin in the short term, everyone basically considers trading as a kind of gambling. And trading and gambling enthusiasts are addicted. No matter how many times one loses, he thinks that he will win the next time and make a lot of profit. So I think that although there are some differences, trading and gambling are almost the same thing according to some concepts.

When you check the properties and characteristics of both short term trading and gambling, you’ll see they’re very much alike, I mean, they both heavily rely on uncertainty and the reason for involving or getting involved in both of them is no other reason but to make quick profits or gains. When you’re trading, what you’re doing is attempting the next direction of the asset, it doesn’t matter the analytical tools you’re using to do that, the point is that you’re not completely certain of what might happen next, so you use some tools to narrow down the possibilities and bank on that possibility, as far as I’m concerned that’s a game of chance and no different from gambling.

[Lembo69]

There are risks in both gambling and trading.
There are no guarantees in gambling, gambling depends entirely on your luck.

If you consider it in the same way, trading is a little different. Trading has both risks and guarantees.
If you know about trading, then trading can be profitable for you.

Basically, trading requires more time, usually watching the charts, monitoring the market, etc.
However, for a new trader, the risk is higher. Because a new trader can never learn what trading is and how to operate it before losing money.

[Lolipo]

Trading is not specifically gambling per say but in other words it is. Both trading and gambling is a luck. Anything risk is attached is gambling. Trading is a long Time investment while gambling is something you something you want the result sharp sharp. Another thing about gambling is that gambling is addictive while trading is not. So we can say that trading is not gambling.

[TerkAnd]

Truthfully speaking there is power in information, I was skeptical about inveating in Bitcoin when it was first intriduced to me years back because I thought it was gambling. I believe I wasn't rightfully informed. This is still the case of many people today. But I love this topic because of the enlightenment on the subject.

[Ever-young]

Truthfully speaking there is power in information, I was skeptical about inveating in Bitcoin when it was first intriduced to me years back because I thought it was gambling. I believe I wasn't rightfully informed. This is still the case of many people today. But I love this topic because of the enlightenment on the subject.

It is definitely the way you were informed, because if you were rightly informed about Bitcoin, there’s absolutely no way you would’ve considered it to be gambling. Although there are people who also gamble with their Bitcoins, these are the traders, when you’re trading Bitcoin for the short term, you’re literally gambling because you’re depending on chance for profitability.

[Sammye3]

Gambling is just gambling. Easy way to lose money, risky,  dependent on luck, regardless of the strategy you employ.

Both are risky approaches to making money, but trading can be learned to make a career from it, but such can never be said about gambling

Gambling is dependent on what you predict to happen which you do not have a direct impact on and they're no statistical analysis to this nor a risk management plan. But the concept of trading depends on your analysis which in turn depends on either fundamentals or technicals and there is a high probability of executing a successful trade with proper risk management. It's never a comparison for both gambling and trading as they are seen to be two distinct entities with varying principles.

Trading uses live signals and in most cases indicators are employed to assist in executing a successful trade but never that way with gambling as you are only open to risk and dependent on luck just like you said.

[DubemIfedigbo001]

Gambling is just gambling. Easy way to lose money, risky,  dependent on luck, regardless of the strategy you employ.

Both are risky approaches to making money, but trading can be learned to make a career from it, but such can never be said about gambling

Gambling is dependent on what you predict to happen which you do not have a direct impact on and they're no statistical analysis to this nor a risk management plan.

There's statistical analysis in gambling, sports betting for example, you can reference to the both teams recent statistics, team forms, individual players form, attitudes and historic data of H2H which you'll employ to analyze possible outcomes

Again in gambling I believe a risk management plan exists which is gambling with a budget and stalking amounts that you're ready to loose.

[Kagaru]

There are risks in both gambling and trading.
There are no guarantees in gambling, gambling depends entirely on your luck.

If you consider it in the same way, trading is a little different. Trading has both risks and guarantees.
If you know about trading, then trading can be profitable for you.

Basically, trading requires more time, usually watching the charts, monitoring the market, etc.
However, for a new trader, the risk is higher. Because a new trader can never learn what trading is and how to operate it before losing money.

Exactly, the difference between trading and gambling is that gambling is completely based on luck but trading provides an opportunity to learn analyze and create strategies. However the reality is that many new traders treat trading like gambling which causes big losses. For example if someone takes a trade just based on other people's words or emotions it is not trading but also falls under educated guessing. So it is better to learn with demo trading or small capital than to risk your own money in the beginning.

[Mr_Brilliant$]

The main reason why people often view trading as a game is because both involve prediction. But the point is that gambling fully relies on luck even without knowing anything about it, someone can win due to the way gambling is designed, especially in places like casinos.However, in trading, especially with proper knowledge of the market and cryptocurrency, it is very hard for someone to succeed without understanding what they are doing. It’s not that trading doesn’t involve luck, but it’s not all about luck like gambling is.The truth is, both trading and gambling involve risk, and both can lead to loss of funds. That’s why some people categorize trading as gambling. But I believe trading is not gambling and can never be. It only shares some similarities, which causes confusion for some people.

Thats is the truth, people mix up trading with gambling because both carry risk, but what is behind them is totally different. Gambling is straight up luck, you could walk into a casino with zero knowledge and still hit a jackpot, or lose it all in a blink. While trading on the other hand demands skill, discipline, and proper knowledge of the market.
So If you don’t know what you’re doing, you will definitely get burned, but if you do, you can actually stack consistent wins over time. That is why I can never put trading in the same category as gambling. The similarity is only in the risk part, but the I think the approach and outcome depend way more on knowledge and strategy in trading than luck.. But personally I don’t just involve my self with trading..

[liasbaa]

There are risks in both gambling and trading.
There are no guarantees in gambling, gambling depends entirely on your luck.

If you consider it in the same way, trading is a little different. Trading has both risks and guarantees.
If you know about trading, then trading can be profitable for you.

Basically, trading requires more time, usually watching the charts, monitoring the market, etc.
However, for a new trader, the risk is higher. Because a new trader can never learn what trading is and how to operate it before losing money.

Exactly, the difference between trading and gambling is that gambling is completely based on luck but trading provides an opportunity to learn analyze and create strategies. However the reality is that many new traders treat trading like gambling which causes big losses. For example if someone takes a trade just based on other people's words or emotions it is not trading but also falls under educated guessing. So it is better to learn with demo trading or small capital than to risk your own money in the beginning.

You should start with a smaller capital than demo trading. If you invest any amount of your own income, it will be easier for you to learn. Demo trading can help you learn basic trading strategies. To learn to trade attention you need to invest the amount of capital you are prepared to lose. Being prepared means that if a currency falls in value after you buy it, you will not need to sell it at a loss. This means trading without fear. New traders cannot learn trading because of the fear of losing capital.