Is Trading Just Gambling in a Suit?

[Zadicar]

If there is a similarity between trading and gambling that similarity exists between trading and sports gambling, they both require a certain level of analysis, skills and patience, profits are guaranteed and you can still lose it you are not careful enough of lucky enough, people who say luck has no place in trading are very wrong, luck is very much a part of trading, your analytical skills are essential but if you are not lucky you will still not get any profit from trading.

Trading and gambling has similarity sure but trading doesn’t work much on luck to be honest, in trading luck can be a little percentage of success but the moment a trader acquire the knowledge needed, the experience needed and proper strategies needed then such trader doesn’t need any luck at all to make profitable trades. The higher our knowledge and understanding the chances of us hitting high level of success and we won’t have to rely on luck at all.
But in gambling even with our little knowledge luck plays a big role to our success.  Luck is the strong pillar in gambling.  

Yes, if you do have that experience on doing trading and gambling then it would be that too impossible  that you cant be able to determine on what are their differences on which it is that pretty obvious. Trading would become only gambling on the moment that you would be doing trades without any basis or analysis on which it would be that significant or totally important when dealing up with trading. For  those who had been saying about trading is similar to gambling is into those people who are doing that futures trading on which i would definitely say that this is where it is that most likely the same on which the risks involved is really high and easily burst up your entire trading capital if you wont really be that careful when using up high leverage trades. In overall answer in regarding about trading is equal to gambling on which it isnt true. It all matters on how you do make up those actions and preparations on doing trades on which it would be having no sense that you would really be doing trading acting that you are just gambling.

[swogerino]

I don’t really have much to say on this, because there are a lot of arguments out there already. some people say trading is gambling, others say it’s not.
But for me, I’ve seen and heard of people making money from trading consistently, and I’ve also heard same for gambling. Even though gambling seems to be pure luck. So honestly, I can’t really say for sure.

The same is in trading, you need to predict the future in trading just like you need to predict the future in gambling. Both activities rely on predicting the future and both activities can be greatly manipulated by insiders, like the last example where a special forces soldier was arrested because he had insider info and won over 400.000 dollars in trading because of that. In soccer which falls in gambling let me remind once again despite old news now the fact that Sweden vs Denmark ending 2-2 in a draw to let Italy out of Euro 2004 was also known by many and a lot of people made a lot of money on that exact result 2-2 for that game. As you can see both activities also contain high risk so I would definitely say that there is not any difference at all between gambling and trading, for me they are the same.

[yixichloro2xx]

For me I won't really say that gambling and Trading are the same. Reason is Trading work's well if you follow your plan and stick to it . whereby you don't always jump blindly into different markets. Reason why most people fail in trading is because they have weak emotions, which makes their analysis useless. Yes the risk is high in trading but when you are disciplined enough to follow structured plan like risk management, your chances of losing your capital reduces. Gambling depends on luck, there's no strategy that works for it, unlike Trading.Also, in trading you can improve with knowledge and experience, but in gambling the odds rarely change in your favor. Both are risky, everything comes down to discipline and self control.

[ZeroVinsonN]

If there is a similarity between trading and gambling that similarity exists between trading and sports gambling, they both require a certain level of analysis, skills and patience, profits are guaranteed and you can still lose it you are not careful enough of lucky enough, people who say luck has no place in trading are very wrong, luck is very much a part of trading, your analytical skills are essential but if you are not lucky you will still not get any profit from trading.

Trading and gambling has similarity sure but trading doesn’t work much on luck to be honest, in trading luck can be a little percentage of success but the moment a trader acquire the knowledge needed, the experience needed and proper strategies needed then such trader doesn’t need any luck at all to make profitable trades. The higher our knowledge and understanding the chances of us hitting high level of success and we won’t have to rely on luck at all.
But in gambling even with our little knowledge luck plays a big role to our success.  Luck is the strong pillar in gambling.  

Luck plays a good enough amount of role, you can argue that it's not as much as in gambling but no amount of skills acquired will completely eliminate the role luck plays in a trader making profit, it's fundamentally similar to sports betting just with a somewhat better chance of success, it's not the 'knowledge will certainly give you wealth' you are trying to paint it as, market crashes are a thing and sometimes last year people even ended up committing suicide due to losing too much from trading during that market crash, you think their knowledge was able to save them?

[michellee]

Trading without analysis similar to gambling as you just predict where the price go while a good trader search for the time to enter and exit and managing the risk by not using too big funds to trade. He will follow his rules without breaking it.

Many gambling games you can play but people gamble with their money, expecting win big money. Sports betting needs analysis but still the outcome might different than your analysis. Many matches that will not the same as we analyze.

Using leverage in trading should be more careful as they risking their money but if they can accept the risk and always strict to their analysis and rules, they have a chance to profits. They can use stop lose preventing more losses.

[Dr.Bitcoin_Strange]

people who say luck has no place in trading are very wrong, luck is very much a part of trading, your analytical skills are essential but if you are not lucky you will still not get any profit from trading.

No, in trading, your skill and psychological ability to only take the right trade will make you profitable because, already there is how the market moves and you need to understand those moves, you need not to take a decision based on impulse, you will have to be patient and wait until price gives you an entry go-ahead based on your own strategy. If you don't follow your strategy, that's why you hope that luck should favour you but if you are experienced, you will know that when price breaks through some certain zone in the market, 8 out of 10 times, the price will continue in that direction for some period of time before it finally reverses. An experience trader wants to only take trades in those period when they believe that they will take profit before a reversal will happen.

[Cointxz]

For me I won't really say that gambling and Trading are the same. Reason is Trading work's well if you follow your plan and stick to it . whereby you don't always jump blindly into different markets. Reason why most people fail in trading is because they have weak emotions, which makes their analysis useless. Yes the risk is high in trading but when you are disciplined enough to follow structured plan like risk management, your chances of losing your capital reduces. Gambling depends on luck, there's no strategy that works for it, unlike Trading.Also, in trading you can improve with knowledge and experience, but in gambling the odds rarely change in your favor. Both are risky, everything comes down to discipline and self control.

Many people failed on trading not only because they have weak emotions but also because of crypto volatility which is very hard to trade due to its unstable nature both ways. Only few manage to be successful on crypto trading and most of them usually have the huge capital and has better strategies than loser trader.

One clear distinction of gambling over trading is gambling was meant for entertainment purposes while trading is a financial tool to improve someone financial strength.

[len01]

what do u all think?

The debate about whether trading is the same as gambling will probably never end. Everyone has their own understanding, and from their own perspective, they all feel right.

But from how I see it, trading has two sides, spot trading and futures trading.

For futures trading, I admit it does look a lot like gambling. You’re basically waiting for the price to go up or down, and all the risk depends on the leverage. In the end, you can lose all your funds once it hits the liquidation level. That part really feels like gambling.

Meanwhile, spot trading is more like investing. When the price drops hard, you only lose value, but you still hold the same amount of assets. And if you’re trading solid coins like BTC, you don’t really worry about it going to zero, because realistically that’s not happening. So for me, spot trading is clearly different from gambling.

[Pandu Geddon]

An experience trader wants to only take trades in those period when they believe that they will take profit before a reversal will happen.

But we still often see those who trade at a loss. Perhaps they are inexperienced, or maybe they do not really master the way of trading. Or it is also possible that they are gambling with trading. 
This topic has always been a topic of discussion for some time. Because we know there are quite a few people who start trading, not improving, but instead, what happens is like gambling with trading.

[lombok]

An experience trader wants to only take trades in those period when they believe that they will take profit before a reversal will happen.

But we still often see those who trade at a loss. Perhaps they are inexperienced, or maybe they do not really master the way of trading. Or it is also possible that they are gambling with trading. 
This topic has always been a topic of discussion for some time. Because we know there are quite a few people who start trading, not improving, but instead, what happens is like gambling with trading.

It breaks the heart to see so many individuals keep on losing things usually because of lack of the necessary knowledge. Having no understanding, purchasing and selling will be a lottery, a very life threatening affair in terms of family savings. The thing is that the desire to study should prevail over the desire to become rich almost overnight to escape falling into bad habits. Concentrate on it such that you would be able to develop and become more responsible in taking care of your assets.

[nara1892]

Trading and gambling are two different things. At first glance, they may seem similar, but upon closer examination, they actually operate in different ways. The only similarity is that both activities have both risks and opportunities for profit.
In trading, a trader's success depends on their knowledge and skills. This means they can learn from past data that can be analyzed. However, in gambling, especially casino games, there is no such data. There is no data to use as a reference for analyzing future predictions. Often, people who equate trading with gambling don't understand what trading actually is.

[Bright0515]

I don’t really have much to say on this, because there are a lot of arguments out there already. some people say trading is gambling, others say it’s not.
But for me, I’ve seen and heard of people making money from trading consistently, and I’ve also heard same for gambling. Even though gambling seems to be pure luck. So honestly, I can’t really say for sure.

Obviously, there are traders that usually make money from their trading and for gamble, there are still some gamblers that are also making money from gambling, the truth is that gamblers also lose in gamble and traders too also lose in their trading. However, as for me I don't think that trading and gambling are the same thing but they might have a little similarities. If I'm to compare between gamble and trading I believe there are more profitable traders than gamblers, although I'm not sure.

[Agbe]

I have seen people using analysis to differentiate them.  If you are using analysis to differentiate them then that might not correct because gambling also use analysis. And the gambling analysis is to know if the gambler can choose one of the good performing team to bet on if it is football. I think when to enter the market and when to stop is not really the different but other tools which I have mentioned some yesterday. There is no house edge in trading but there is house edge on gambling. If the traders is expert, he can get income in all the trades but that is not possible in gambling.

[Jubilee58]

Hello Reader . I hope u are doing well.

So few days ago i went to my father’s office with him. While i was there one of his assistant asked me about trading and i gave some answers. Then one of his colleague in the office said “Trading is basically gambling people just call it something else these days.” That made me think. I gave them answer at the time but later i did some research on what really makes trading different from gambling.

In my opinion in gambling most of the time the result depends mainly on luck. U may win today and lose tomorrow but in the long run the house usually has the advantage. Many people keep playing because of emotions excitement and stress relief or the hope of a quick recovery after losses.

While trading on the other hand should be based on analysis and patience and also risk management. A good trader does not enter every opportunity. He wait plan and accept losses as part of the process. The goal is not fast money but consistency over time.

The problem starts when people treat trading like gambling. They overleverage ignore stop losses and make emotional decisions. At that point trading stops being investing and becomes gambling with better graphics.

So in my opinion the biggest difference is control. In trading u can control your risk. In gambling most of the time u are only controlling how fast you lose.

what do u all think?

Take care of urself , love urself and stay blessed.

If I may say, both trading and gambling are thesame thing. The reason is because, you can loose huge amount of money in both of them even if you are a professional.
Some persons think you can succeed easily by reading, the way people loose money in gambling, so they also loose in trading. If you are a professional trader, this doesn't mean you will not loose money, definitely you must loose money, only that your professionalism might enable to win more of your trades, and this same idea is applies in gambling also, because some gamblers too make more money than they loose.

[Juicyhome]

I have seen people using analysis to differentiate them.  If you are using analysis to differentiate them then that might not correct because gambling also use analysis. And the gambling analysis is to know if the gambler can choose one of the good performing team to bet on if it is football. I think when to enter the market and when to stop is not really the different but other tools which I have mentioned some yesterday. There is no house edge in trading but there is house edge on gambling. If the traders is expert, he can get income in all the trades but that is not possible in gambling.

You're correct, trader has high hope in making money with analysis than a gambler, if you're a good trader and you have been trading for years you have high chance of making money than experienced gambler, because in gambling your analysis and experiences doesn't matter, but it does in trading. What matter in gambling is luck and chance but in trading your skills and experience matter most, both are not the same that's my argument. The risk factors are the same just like every investment, risk is always there.

[Mahiyammahi]

There is definitely a difference between trading and gambling, those who are real traders must understand where there is a difference between gambling and trading, those who have no research about trading, only they treat trading as gambling, in gambling your win depends on luck especially in casino, there is no research work, but in sports betting you must research, here research is more important then luck. But many consider gambling and trading to be the same because of their lack of knowledge. Gambling is much riskier than trading, considering the risk involved.

The fact gambler is more riskier than trading proves that gambling and trading ain't gonna never be the same in the context. Well in trading there's slight chance that you gonna lose your stake 100% . But in gambling it's normal to lose all your stake money. Cause this is how gambling works. But in trading we alwasy looks for some percentage to calculate our losses and profits both.

In gambling your profit and Loss both decided in instant. But in gambling you may left your fund idle by not booking your loos or profit and wait for perfect time to excecute it.

I ain't disagree that trading and gambling has some similarities but they are diff in every aspect .

[justdimin]

While trading on the other hand should be based on analysis and patience and also risk management. A good trader does not enter every opportunity. He wait plan and accept losses as part of the process. The goal is not fast money but consistency over time.

The problem starts when people treat trading like gambling. They overleverage ignore stop losses and make emotional decisions. At that point trading stops being investing and becomes gambling with better graphics.

It should not be, but that depends on how you gamble and how you trade. In normal cases, we see these type of topics not in gambling section but more on trading section. But since it has spilled over here as well, might as well say that if you are gambling without care, and you trade the same way then yeah you could consider that they are similar. But it should not be like that, it should definitely not be even remotely like that at all. We should see them very different in normal cases.

Ignoring the usage of stoploss and then not controlling emotions while trading means, obviously you will ruin all your capital for sure. Trading needs sets of discipline and if you fail to follow those and your trading is based on your on-the-spot-decisions then you are purely gambling but in the name of trading.

[LUCKMCFLY]

NO, and it will never refer to a game; that's a bad perspective held by many people who don't know the difference between gambling and trading. The clear difference has already been stated, so gambling is solely due to luck. Strategies can be applied, but the game will always be subject to luck, no matter what is applied, except for sports betting, which is something else entirely, where analysis is taken into consideration.

[sompitonov]

NO, and it will never refer to a game; that's a bad perspective held by many people who don't know the difference between gambling and trading. The clear difference has already been stated, so gambling is solely due to luck. Strategies can be applied, but the game will always be subject to luck, no matter what is applied, except for sports betting, which is something else entirely, where analysis is taken into consideration.

Of course, these are different things, but they do share some common elements, such as emotional control and how we manage our bankroll while taking risk into account. If we don't do this in gambling or trading, we simply won't achieve anything. We must control our emotions, because if we don't, we can tilt, which can gradually slide us into depression, which won't be easy to recover from. I don't want that, so I closely monitor my emotional control.

[Yeesha]

Trading is also gambling, sorry if this doesn't sit well with anyone on here because trading even with all the tools for analysis you are still predicting against the market, it is something you have no control over, one bad news from thr America president then many traders who have bet on price uptrend will lose money, trading is just better in the sense that you have a way to avoid losing all the money you risked, that's called using stop loss but don't be fooled, even with stop loss there are many people who have lost a lot in trading too, I don't need to differentiate any, the chances of losing money is pretty high in both.

I can't deny and I would never deny any of your statements because I believe that you are speaking from you perspective and it is important to put other's point of view in consideration and recommendations. But from my perspectives gambling is far different from trading but they have similarities but still, that doesn't mean or make them the same thing. Both traders and gamblers can experience losses and wins and nothing can change that because they are part of the vocabulary that is associated to the both of them. The chances of losing is very high in both gambling and trading, but as a trader their certain things that you could do to minimise losses and maximise the profits without any manipulation, and gamblers doesn't have this kind of opportunity or privilege.