Is Trading Just Gambling in a Suit?

[fruktik]

Those who choose the path of struggle to get themselves out of a dire situation and reach a dignified position are the real heroes. In such a situation some would have given up blaming their fate or become irresponsible towards their family and disappeared. I was not in an extreme situation like you but I was in a very close situation. At least I had a job to provide for my family but I lost money in gambling. You can imagine how helpless a trader would feel if he had invested almost all his funds in a wrong project and lost all his funds. Going from that situation to a dignified position is the job of a successful warrior.

Absolutely right. In moments like these, people simply break down emotionally. They see no other way out than to end their life. They think this will solve the problem. This is partly true, but there are many cases where loved ones have had to pay off debts. So, it's not always possible to just do this and resolve everything. You need to pull yourself together and take action. Overcome difficulties, face the unknown. Only then will you achieve not only strong mental health, but also improve your physical condition.

[Makus]

There are lots of technicalities involved in trading and even though it might seem quite similar with gambling people need to understand that they are not entirely the same. If you understand what gambling is all about you should know that the results or outcome are just dependent on chance and getting Lucky because you deal with lots of uncertainties. Trading on the other hand is different, the results that you get from it are based on the knowledge that you have. Trading and gambling have some similarities but they are very distinct from each other.

[Rubuchi]

There are lots of technicalities involved in trading and even though it might seem quite similar with gambling people need to understand that they are not entirely the same. If you understand what gambling is all about you should know that the results or outcome are just dependent on chance and getting Lucky because you deal with lots of uncertainties. Trading on the other hand is different, the results that you get from it are based on the knowledge that you have. Trading and gambling have some similarities but they are very distinct from each other.

you have said it the right way Makus. Trading is only seen as a gamble by somebody who does not have a deep knowledge and understanding on how the trading system works. It works mainly on the basis of the technical knowledge you have acquired which is one and secondly on the basis of how well you are able to manage your emotions without allowing them to overrides you and your decision making process in trading. Gambling can be more tricky and riskier knowing that it works mainly on lucks and chances despite knowledge being applied to it. When you are trading, you can manage risks through the patterns of trades you are going into, the type of trade you chose such as day trade or swing trade, but when you are gambling you may not be able to manage as much risks unless you are going for small odds.

[As-Soon-As]

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.

The risks of gambling and trading are the same, but the only difference is the loss of money. In gambling, people lose money and become addicted. Those who lose control of themselves are the ones who are most addicted to gambling and end up losing a lot of money. But trading is inherently risky, and there is a possibility that a person can lose a lot of money. One wrong move in trading can wipe out all your money. That is why I say that both trading and gambling have the same risk, the possibility of losing money is high.
Those who can control themselves can definitely survive here for a long time, but those who lose control of themselves can definitely face a lot of people from here.

[Judith87403]

There are lots of technicalities involved in trading and even though it might seem quite similar with gambling people need to understand that they are not entirely the same. If you understand what gambling is all about you should know that the results or outcome are just dependent on chance and getting Lucky because you deal with lots of uncertainties. Trading on the other hand is different, the results that you get from it are based on the knowledge that you have. Trading and gambling have some similarities but they are very distinct from each other.

I think the reason why it looks, or why people often end up seeing it as same thing is usually because there are traders who approach trading as gambling, that is, they bypass those technicalities you are talking, skip the researches, and then go straight to hitting the buy/sell without zero knowledge of what they are doing but only depending on luck and their instincts alone, people who do this are not really trading but gambling, because that's literally how gambling works.

[Zadicar]

Those who choose the path of struggle to get themselves out of a dire situation and reach a dignified position are the real heroes. In such a situation some would have given up blaming their fate or become irresponsible towards their family and disappeared. I was not in an extreme situation like you but I was in a very close situation. At least I had a job to provide for my family but I lost money in gambling. You can imagine how helpless a trader would feel if he had invested almost all his funds in a wrong project and lost all his funds. Going from that situation to a dignified position is the job of a successful warrior.

Absolutely right. In moments like these, people simply break down emotionally. They see no other way out than to end their life. They think this will solve the problem. This is partly true, but there are many cases where loved ones have had to pay off debts. So, it's not always possible to just do this and resolve everything. You need to pull yourself together and take action. Overcome difficulties, face the unknown. Only then will you achieve not only strong mental health, but also improve your physical condition.

Each one of us does have that different level on handling out stress and anxiety on which there are those who do able to handle it out without any issues but there are those people who do breakdown and thinking up directly about having suicide to solve out all of their problems on which this isnt the only way if they are really just that thinking up well. Life isnt balanced or perfect on which there would really be problems to be faced on and each problem does come up with its own solution and its normal. Now in speaking about trading is just gambling then it would become a gambling on the time that you wont be applying any analysis into your trade on which it would be that normal that you would be having those loses and the best approach is that instead on having that impulsive emotion it would be better to look it back on where it did become wrong rather than on doing continuously without having any analysis applied just because you do already get affected with your emotions and this is something which is that common for most traders and if you wont be able to control it out then you arent called a trader but rather a gambler.

[imthegreat]

In my opinion, if someone claims that gambling and trading are the same thing, they should keep in mind that trading doesn't involve randomness in the broad sense that it does in gambling. If Bitcoin falls, it means the chances of the price rising increase. And the lower the price, the higher these chances. Not to mention the rule that Bitcoin always renews its price peaks. Therefore, all this is predictable. Yes, sometimes a crypto winter can occur and last for two years, and that's normal. During this time, all the weak market participants exit out of fear. Therefore, they don't profit from their patience.

[Maslate]

If you are referring to gambling especially casino games, it is of course quite different with trading but trading can be "a bit similar" to sports betting or poker where it requires skills, analysis, risk management and some other things. In sports betting you can also control the risk unlike in casino games. On the other side, trading can be a gambling for some people especially those who do trade just based on feeling or intuition or do trade blindly wishing for the luck/miracle.

Sports betting and trading may likely have similarities in some aspects but they only differ in one thing, with sports betting its nature will most likely end up with negative financial returns while trading has higher potentials to end up with positive financial returns. Some sports bettors who have proven skills will definitely win their bets, but majority of them still end up losing not because they aren't lucky but maybe because their analytical skills aren't enough.

However, for traders, as long as they don't trade blindly and are trading with the right timing in the market, trading will eventually become a profitable one.

[Razmirraz]

The statement “trading is gambling” as your father’s colleague said is a common misconception that often comes to one’s mind because both involve risk of money and probability. Most gambling is based on luck such as roulette and dice, they also have set (odds) so that the dealer's winning rate is greater, gamblers can also never analyze the path of the roulette ball to predict the next number. Meanwhile, trading is based on probabilities involving Technical and Fundamental Analysis. Here, traders don't just guess, but make decisions based on historical data and current trends.

Perhaps he views trading as gambling from a different perspective. At certain times, trading can become gambling if done incorrectly, such as by simply relying on FOMO, using hot money, and not using stop-losses. If trading involves analysis and risk management, then it is just like business, but if trading is done solely based on guesswork, relying solely on luck and emotions, it is gambling.

[Su-asa]

First of all, for you to be able to understand trading and gambling you must have a little bit of experience in both of them. The similarity between trading and gambling is that they both involve taking risk but there are lots of differences between them. Trading isn't random, it requires more of analytical skills and the knowledge that you have but gambling is just a game of probability and luck. We all know forex isn't about luck, the results that you get from the market are based on your input and by that I mean being consistent and following a particular strategy.

[HelliumZ]

what do u all think?

Take care of urself , love urself and stay blessed.

I put gambling and trading in the same frame but in the normal sense they are two different things. There is no direct strategy involved in gambling rather you are just relying on luck and any result can come. However, futures trading and gambling are basically the same thing. However, spot trading and gambling are basically two different natures. If you trade in spot trading you can profit over time if you are strategic and experienced but in the case of gambling no matter how strategic or experienced you are it will not bring you benefits in this case.

[Peanutswar]

Trading only becomes gambling if people who are doing trades do not have a strategy, plan, or even a setup with their trades, like they are just trading based on their emotions and not based on the analysis. There are a lot of people doing this, especially newbies who jump into trading without even prior knowledge of how it works, and even read charts its like they are just make a position base on what they have seen in the chart and just using their guts and make a prediction if its going up or down. Now instead of having a less risk because you know what you are doing its more like guaranteed of getting lose with that kind of strategy.

[YOSHIE]

what do u all think?

Yes, we all have the right to express our own opinions about trading and gambling, that view is normal and something that is necessary.
For me, trading is still trading and so is gambling, but in my view if one of the game activities is betting based on what we see, for example sports betting.
Meanwhile, in trading we face an invisible side, meaning we compete with numbers to get more numbers.

So, we need to understand that trade and gambling are not neatly wrapped clothes.

[Dr.Bitcoin_Strange]

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.

They have not mastered all the ways of trading, many things causes a trader to always be at lose without making long term profit, over trading is a big problem for a lot of unprofitable traders and it's due to excessive greed of wanting to take so many trade everyday and this is common among day traders. Another challenge is mastering trading psychology, if a trader already have a strategy that works 80%, they might still be unprofitable because of trading psychology. There's this guy who was showing his trade recaps for 2025, he took only 12 trades last year and won 10 of those trades but lost only 2 and was profitable at the end.

[bitcoindusts]

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.

I agree that the difference between gambling and trading is the way user control them.  In trading, trader have full control of their orders and they can cancel it anytime especially when there is huge changes in the trading pattern.  While in gambling like dice, slots and any other luck based gambling games, once the bet is casted it can't be cancelled.

Aside from the control, trading have lots of factors that can affect its outcome and can be analyze by traders while in gambling, there is no way a person can increase their chance of winning by analyzing how the game works.

[Merit.s]

Trading only becomes gambling if people who are doing trades do not have a strategy, plan, or even a setup with their trades, like they are just trading based on their emotions and not based on the analysis. There are a lot of people doing this, especially newbies who jump into trading without even prior knowledge of how it works, and even read charts its like they are just make a position base on what they have seen in the chart and just using their guts and make a prediction if its going up or down. Now instead of having a less risk because you know what you are doing its more like guaranteed of getting lose with that kind of strategy.

Such traders are called gamblers because they have no clue of what trading is or how to trade. They're trading because they think they can be lucky and make profits. Of course, anyone who finds himself doing such should stop and go use the casino for gambling instead, of wasting his time in the market.

Trading is complex and needs time to master it if you want to make profits from it.

[Muba20]

If you are referring to gambling especially casino games, it is of course quite different with trading but trading can be "a bit similar" to sports betting or poker where it requires skills, analysis, risk management and some other things. In sports betting you can also control the risk unlike in casino games. On the other side, trading can be a gambling for some people especially those who do trade just based on feeling or intuition or do trade blindly wishing for the luck/miracle.

Sports betting and trading may likely have similarities in some aspects but they only differ in one thing, with sports betting its nature will most likely end up with negative financial returns while trading has higher potentials to end up with positive financial returns. Some sports bettors who have proven skills will definitely win their bets, but majority of them still end up losing not because they aren't lucky but maybe because their analytical skills aren't enough.

However, for traders, as long as they don't trade blindly and are trading with the right timing in the market, trading will eventually become a profitable one.

Gambler can win big in betting, he can also lose everything in that bet, but traders rarely become poor if they gain expertise in trading-related matters. If a gambler gambles for a long time, his chances of losing will increase more than winning, but in the case of a trader, if he gains trading experience for a long time, his chances of winning will increase. There are losses in trading too, but they can be recovered if someone tries by gaining experience. But there is no such opportunity in gambling. Either you win or you lose. Those who are smart will see a big difference between the two, but those who consider it from the perspective of gambling may also think that trading is gambling.

[Odusko]

There are lots of technicalities involved in trading and even though it might seem quite similar with gambling people need to understand that they are not entirely the same. If you understand what gambling is all about you should know that the results or outcome are just dependent on chance and getting Lucky because you deal with lots of uncertainties. Trading on the other hand is different, the results that you get from it are based on the knowledge that you have. Trading and gambling have some similarities but they are very distinct from each other.

Yes and if you take out the technical aspect of trading away, the result's most likely look like the results from gambling because the market outcome is unpredictable no matter the level of your expertise between, since gambling outcomes have to do with luck anyone can win or lose, but trading if you lack the basic technique you may g against yourself right from moment you open you position, so that the difference between the two of them, which most people sees as same because of their outcome.

[Gost ms]

There are lots of technicalities involved in trading and even though it might seem quite similar with gambling people need to understand that they are not entirely the same. If you understand what gambling is all about you should know that the results or outcome are just dependent on chance and getting Lucky because you deal with lots of uncertainties. Trading on the other hand is different, the results that you get from it are based on the knowledge that you have. Trading and gambling have some similarities but they are very distinct from each other.

Yes I completely agree with you. Although there are many similarities between the two things, they are not the same, they are two completely different things. But yes, a person can very easily become a trader, from a gambler, but a gambler can never become a trader. When does trading become gambling, when a person trades without understanding the technical aspects of trading, cannot control himself during trading, trades without learning how to trade properly, at this moment a person is involved in gambling in the name of trading.

[Bright0515]

There are lots of technicalities involved in trading and even though it might seem quite similar with gambling people need to understand that they are not entirely the same. If you understand what gambling is all about you should know that the results or outcome are just dependent on chance and getting Lucky because you deal with lots of uncertainties. Trading on the other hand is different, the results that you get from it are based on the knowledge that you have. Trading and gambling have some similarities but they are very distinct from each other.

On the other note, even though you as a gambler or someone who's new into gamble, knowing what gamble is all about doesn't even make you win regularly or makes your winning to be higher than your losses. Yes for sure gamble and trading are both different things but that doesn't mean they don't have something similar. Even a knowledgeable traders also lose money while trading. Actually, based on my own perspectives, the importance of being knowledgeable about something is to know how to control your emotions and to know how to make your bankroll properly so you don't lose more than you can afford.