Why not use the trading strategy?

[ASloveapg]

~
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.

But those 30% of our losses will eat up our profits, don't you think? If you bet $100 seven times and win with 1.1x multiplier, your profit is $70, right? And what is your total loss from betting $100 three times and losing?  So, even if you win 90% of your bets, 10% profit each, it's not worth it. You'll be $10 negative.

Still, betting for financial gain and even equating it to a trading strategy in profit-making doesn't seem to hold up for long, the problem is that casinos are different from trading, gambling doesn't cover a lot of the same ground.

So let's gamble for fun, the money at stake is money that is ready to be lost in gambling, if you get a win consider it a bonus or additional capital for your longer pleasure with the previous capital.

If one takes gambling as a form of fun and only plays with money that one can afford to lose, then that is a much healthier attitude, this is the right decision and only by maintaining this attitude can you avoid making big losses in gambling. The reality in gambling is that you may win some time, but it is almost impossible to sustain profits in the long run. And the biggest challenge here is to keep yourself away from the expectation of success, because you can never actually achieve success from it, so just expecting it will only lead to losses.

[DaNNy001]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

No strategy is a hundred percent sure when it comes to gambling  the best thing you can do at all times is to make sure that you stake an amount of money that you can afford to lose comfortably...like you said, gamblers are quick double what they have because they are not as disciplined as traders...most traders use a whole month to aim for just 10 percent profit, that's something gamblers can't do

[EarnOnVictor]

But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.

Although your suggestion of shortchanging the gambling mentality to trading mentality is a good one, you can still not ascertain if your efforts will yield good results in gambling. That is where the danger in gambling comes in, and you can't be sure whether you will win the bet that is most certain for you, so saying that gamblers will win more than 70% of their bets through this style is outrageous than being real.

Also, one can view your advice on trading calculations as a bankroll of a gambler. If the gambler maintains proper risk management, I am sure that even if he deposited $100, he might be using between $5 and $10 for wagering. This automatically reduces the risk exposure per bet.

[Showlove01]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

No strategy is a hundred percent sure when it comes to gambling  the best thing you can do at all times is to make sure that you stake an amount of money that you can afford to lose comfortably...like you said, gamblers are quick double what they have because they are not as disciplined as traders...most traders use a whole month to aim for just 10 percent profit, that's something gamblers can't do

You are right, and our strategy working in a particular period of time is a function of luck because without luck our strategy is nothing because sometimes games are fix and whenever they are fix without luck you can not make the right choices and selections. I have seen where a very big odds defeated a very small odd and if they tell you that's how the game is going to play out one would not believe. Luck is very crucial and again not all traders are disciplined as you said some are reckless and take decision like some gamblers and there are also people I mean gamblers that can take a year or more to study 3/3 draw.

[AGogi2003]

You are right, and our strategy working in a particular period of time is a function of luck because without luck our strategy is nothing because sometimes games are fix and whenever they are fix without luck you can not make the right choices and selections. I have seen where a very big odds defeated a very small odd and if they tell you that's how the game is going to play out one would not believe. Luck is very crucial and again not all traders are disciplined as you said some are reckless and take decision like some gamblers and there are also people I mean gamblers that can take a year or more to study 3/3 draw.

Anything you used, even you try to used trading strategy if you are not a lucky type you will still lose because is always unpredictable so Anything you used you need to get luck before you can be profitable. I don't think they are still doing fixing games because if they are doing fixing games still by now I think everyone will move to the part and be playing and be wining always and no one will be losing in sport game again. Me I don't really believe in fix game because they have many people that will always lie that they have fix game and if you played it you will lose and that as happen to me before and I don't believe in fix game anymore just predict what is in your mind if you are lucky you will get cashout and if you are not definitely you will lose, so gambling is unpredictable the way trading is so nothing can give you 100% trust that if you used this pattern you will be profitable.

[Mate2237]

Snip.

Anything you used, even you try to used trading strategy if you are not a lucky type you will still lose because is always unpredictable so Anything you used you need to get luck before you can be profitable. I don't think they are still doing fixing games because if they are doing fixing games still by now I think everyone will move to the part and be playing and be wining always and no one will be losing in sport game again. Me I don't really believe in fix game because they have many people that will always lie that they have fix game and if you played it you will lose and that as happen to me before and I don't believe in fix game anymore just predict what is in your mind if you are lucky you will get cashout and if you are not definitely you will lose, so gambling is unpredictable the way trading is so nothing can give you 100% trust that if you used this pattern you will be profitable.

Strategy is used in trading and gambling and trading is actually quite different from each other. there is no strategy that has been proven to be effective in gambling by anyone this is because gambling of any nature whether sports betting or slots games require you to put your money in events that are uncertain making it difficult for anyone to accurately predict the outcome of the event. Winning in gambling is purely luck nothing more nothing less that is a fact every gambler should learn.



Ideas like this is going to make people who buys into it to have problems in gambling.because if anyone thinks that there is actually an effective strategy in gambling they are going to invest all their money into gambling thinking that they will be successful. This is going to bring financial problems to the person.

[Cgrexp]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

You have traded with $100 and made a profit of 10%. Your confidence has increased with small wins and you are gradually trying to trade with larger amounts of money, thinking that you can win 70% more than gambling. Taking risks may sometimes bring you profit, but if you go overboard, the consequences can be devastating. Sometimes you may even get lucky by taking excessive risks. However, do not think that you will win every time. So know yourself. Check your financial limits. So, make the decision to take financial risks a conscious decision and do not let it become a habit.

[OsaiEmma]

I think it's because, we do not set the odds, so aiming for a certain percentage will be difficult, if you say we shouldn't be greedy and aim for a more realistic game which have a high probability of winning despite the odd, that will be a better advice, and again no over betting, then u are making sense, but since it is a game of luck, we go for a very high odd praying to be lucky, some people are not using real strategy, so aiming for a high odd with low probability is often seen, although no matter how much of a strategist we are, we all need a touch of luck in the game

[|MINER|]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Who told you that we don't use this strategy? I myself usually bet on lower odds when I do sports betting and that's why my profit is less most of the time.
But in this case, my budget is not 100 dollars. Here I try to keep my monthly gambling budget below 5% of my total income. Considering this, my budget is very low. And the reason for keeping it is that even in gambling, we bet on lower odds matches. Although the chances of winning are high, the ultimate result always depends on luck. So we don't know whether we will win later or not. And that's why even if you look for lower profit, I will never think of it as trading. It is never possible to make a career out of it.

[LOVER BOY 422]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Because unlike trading, if you lose, you immediately lose the entire $100, and then you'll need a lot of bets to recoup that loss. Such losses are likely to happen, so you can't use the same strategy in gambling. If it were that easy, anyone could do it and earn 10%, but in gambling, the risk of losing everything is much higher, and I wouldn't advise you to bet $100. It's better to divide it into smaller amounts and bet them without risking your entire deposit.

I agreed with you but someone can still decide to bet all of $100 this because he knows him self and also knows where he got his money from, because betting is all about risk ,risk everything you have to make more money this is just how bets works but I have said this before in gambling and trading it's all crypto but the way the booths works aren't same ,so trying to use $100 to gamble the percentage is poor unlike trading where you can still loss only trading fun but in gambling you will lost everything

[Proty]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Because unlike trading, if you lose, you immediately lose the entire $100, and then you'll need a lot of bets to recoup that loss. Such losses are likely to happen, so you can't use the same strategy in gambling. If it were that easy, anyone could do it and earn 10%, but in gambling, the risk of losing everything is much higher, and I wouldn't advise you to bet $100. It's better to divide it into smaller amounts and bet them without risking your entire deposit.

I agreed with you but someone can still decide to bet all of $100 this because he knows him self and also knows where he got his money from, because betting is all about risk ,risk everything you have to make more money this is just how bets works but I have said this before in gambling and trading it's all crypto but the way the booths works aren't same ,so trying to use $100 to gamble the percentage is poor unlike trading where you can still loss only trading fun but in gambling you will lost everything

As long as they can afford to lose the $100 ,then is not am issue. It is wrong to have this kind of mindset about gambling, risking everything you have , do you know the implications of what you are saying. It is only an addicted gambler that will think this way. Risking all you have to gambling and it happens luck isn't on your side what will be your faith. In gambling, you don't gamble with everything you have is a bad idea.

[Ivystar5]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

No strategy is a hundred percent sure when it comes to gambling  the best thing you can do at all times is to make sure that you stake an amount of money that you can afford to lose comfortably...like you said, gamblers are quick double what they have because they are not as disciplined as traders...most traders use a whole month to aim for just 10 percent profit, that's something gamblers can't do

Right, that's the sole difference between a trader and a gambler and yet both are always categoried in same place as a matter of luck even though it's less of lucky but skill in trading but then strategies fails the most when it comes to gambling because of many reasons but just like you said in gambling you still need to make sure you are only staking what you can afford to loss though it's not peculiar to gambling alone same as trading.

[Zoomic]

~
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.

But those 30% of our losses will eat up our profits, don't you think? If you bet $100 seven times and win with 1.1x multiplier, your profit is $70, right? And what is your total loss from betting $100 three times and losing?  So, even if you win 90% of your bets, 10% profit each, it's not worth it. You'll be $10 negative.

I understand what you mean and it seems I didn't actually consider this. If we win 5%, 10%, on the day of lose, we are losing 100% which will keep us on negative in overall.
Well, it is just safe to gamble with the amount of money that you are willing to lose and by so you will have peace of mind.
It is good for everyone to use the strategy that works for them because there are so many formulas to this.

[OgNasty]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Things happen.  You have to make sure the risk is worth the reward.  I wouldn't feel confident consistently making bets that won't pay off very well.  I don't even think you would be profitable winning 10% on each bet if you were winning at a 70% rate.  In fact, I just checked the numbers...  If you won 7 bets in a row with a 10% gain on each one and then you lost the 8th bet, you would have lost more than 5% of your money.  That is with a 87.5% win rate...  I guess there's your answer.

[9ja Amaka]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

Both in trading and gambling no strategy is certain. The chances of losing is higher than winning. Just the same way, the market owner have an hedge over the traders it is the same way the house has an edge over gamblers. We must bear in mind that gambling is just one means to make some extra money not a primary means of making an honest living. The better we have this in mind, the better it will be for us not to start being desperate in gambling. Either way, both trading strategy and the well known trading strategy none can be so sure of to win.

[Zoomic]

If I enter a trade with $100 and eventually exits the trade with $110, I will be happy that I made $10 profit, which is 10% of my capital.
But in gambling, especially sports betting, I cannot use $100 and try to win $110. I will just aim to win even more that 100% of my capital and that is the reason most gamblers fail.
Why not use the trading approach and make 5%, 10% profits in each bet. If we apply this method, we are going to win more than 70% of our bets.
In trading we are okay with small wins, but in gambling the case is different. Why?

Things happen.  You have to make sure the risk is worth the reward.  I wouldn't feel confident consistently making bets that won't pay off very well.  I don't even think you would be profitable winning 10% on each bet if you were winning at a 70% rate.  In fact, I just checked the numbers...  If you won 7 bets in a row with a 10% gain on each one and then you lost the 8th bet, you would have lost more than 5% of your money.  That is with a 87.5% win rate...  I guess there's your answer.

This is exactly what someone said above and I so much agree with that. I didn't actually consider that in making the post above. But I realised it now, that one lose can ruin the whole process and there is no guarantee that an odd of 1.03 can play, no matter how careful you might be...

Gambling isn't guaranteed and we don't need to follow it like something that is sure.

[vanesha]

Because of the different ways of increasing money, for example, if you're trading, you wouldn't be afraid to buy a token/coin in a very large denomination, say $10,000. So why wouldn't you dare to bet $10,000 on a gamble?
That's what makes trading profits satisfying, especially if you get 5-10%, unlike gambling, where we only dare to bet small amounts.

[red4slash]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

Both in trading and gambling no strategy is certain. The chances of losing is higher than winning. Just the same way, the market owner have an hedge over the traders it is the same way the house has an edge over gamblers. We must bear in mind that gambling is just one means to make some extra money not a primary means of making an honest living. The better we have this in mind, the better it will be for us not to start being desperate in gambling. Either way, both trading strategy and the well known trading strategy none can be so sure of to win.

To me this is a wrong view because after all trading is definitely not gambling and there is no chance of losing more in trading unless indeed you only use instinct and guesswork then maybe this can happen.

Many wrong assumptions especially equate trading with gambling when clearly it has different conditions in terms of meaning and purpose. But not a few are naive enough to make a parallel view between trading and gambling as if they are the same thing that happens because we want to try trading but don't have good analysis and research so trying our luck relying on instinct just like gambling is done which makes not a few people think gambling and trading are the same just because they do it that way.

[Ivystar5]

One thing you must know that most of the time even odds that over 5% or 10% you will probably loss than win so it doesn't matter if you follow the trading strategy and most of the people who gamble in the highest population are poor people so they want to double everything they have but the rich only look at little profit but risk huge amounts so the difference is very clear, Just know that people will  it  use that kind of likely of making little day by day, the power of compounding effect is not used in gambling.

Both in trading and gambling no strategy is certain. The chances of losing is higher than winning. Just the same way, the market owner have an hedge over the traders it is the same way the house has an edge over gamblers. We must bear in mind that gambling is just one means to make some extra money not a primary means of making an honest living. The better we have this in mind, the better it will be for us not to start being desperate in gambling. Either way, both trading strategy and the well known trading strategy none can be so sure of to win.

Certainity shouldn't be associated with thing like gambling and your right not even the best of the best strategy can guarantee one a win in gambling and trading as long as we know that gambling is a fun part of sporting activities and it should be considered entertainment and be done withittke no Xero expectations of return the better we stand a chance ce to win because we used garbage of our income to have such fun .

[abaeze]

To be successful in trading, you need to have specific knowledge as well as analyze the market, and you can make money by applying various strategies, but that cannot be said for sure. But to win through gambling, you have to depend on luck, no one can say in advance which team will win. However, it is possible to reduce the amount of risk by following specific rules. There is a risk of losing money in both trading and gambling, so we must always work with awareness so that we have self-control over ourselves and can protect ourselves from big losses.