Is Trading Just Gambling in a Suit?

[leonair]

Gambling usually depends on luck, but in trading at least analysis, experience and strategy play a role. But no matter how much research there is in trading, even if you are very skilled, there are deep risks here. So both are very risky, so in both cases we have to be responsible, if we enter without understanding or under the influence of emotions, we will definitely face big losses.

The final outcome in gambling depends on luck, no doubt, but betting requires strategy, prediction skill, and data analysis just like trading, and the more skillful you are, the better you can increase your chance of winning, even if it's not guaranteed, but it's better than just relying on luck and doing a random picking. Trading, on the other hand, is also risky; your skill can guarantee long-term profit as long as there is no shift in the market.

Yes, if you have more experience, you can increase your chances of winning in gambling, but you cannot guarantee to win. It is easy to make predictions in gambling, but that prediction cannot always be won. For this, you do not have to use more money in gambling than you have the ability to accept losses. Trading is a skill-based thing, the more skilled and experienced you are, the better the ROI you get, but for those who are new to trading and use more money than their ability in trading, then for them, trading and gambling are both based on luck.

[Versatile_choice]

I think a successful gambler can become a good trader, and vice versa, since in both cases success depends on the ability to analyze and calculate risks. However, I would still separate these two concepts. In both cases it may look like a game involving the risk of losing money, but trading should be treated as work, while gambling is entertainment.

You really think one can become successful in gambling? Although we have been hearing success stories about gambling how some hit big in gamble but I think traders are the ones that mostly share this success story but nowadays I barely see someone sharing success story about gambling not even trading maybe I'm not in the right place to get those information.but the truth is trading is quite different from gambling even though trading is a game of luck yet I can't equate the both.

[Akbarkoe]

I feel good about trading more than gambling, because I can use tools to read charts and it makes predictions easier, with the help of stop loss feature, trading feels more comfortable.

With spot trading you hardly lose unless the coin or token you trading is a pump and dump one, even if things doesn't go as you want you can still hold the token for a while and sell when it recovers.

This doesn't mean that gambling is off the book, it's a good one if you know how to be a responsible gambler, it's all about prediction, you can win ior lose which makes it similar to trading too.

Yes this depends on your point of view, whether you are looking for money or not, if your goal is to make money then trading is highly recommended, especially spot trading is very good, for the safety of your risk in trading.
But if you are looking for fun and a little luck with a good disciplined spirit then gambling is an alternative to looking for fun, there relying on profit and of course we don't need to hope for more luck, we must be aware of how to gamble and how to trade, because not a few traders also gamble on their own trades.

[danadc]

I think a successful gambler can become a good trader, and vice versa, since in both cases success depends on the ability to analyze and calculate risks. However, I would still separate these two concepts. In both cases it may look like a game involving the risk of losing money, but trading should be treated as work, while gambling is entertainment.

Yes, gambling is entertainment. Anyone who sees trading as gambling doesn't understand the activities correctly. The only thing they have in common is that they involve money, and money must be protected. Trading is about analysis, not luck. The fact that you might sometimes get lucky is not the same as gambling. To someone who doesn't know, the activities might look like gambling because of the speed of the graphs, but they will never be gambling.

[red4slash]

The context of trading always being identified with gambling seems to be always going to happen but this is purely because many try trading but they don't understand what trading is so they just guess and try their luck like gambling which makes the connotation of trading look “a little more similar” to gambling.

It's just that in the end gambling and trading remain something that cannot be equated in the end because the initial characteristics are already different but many traders try to take action so that makes the connotation of trading a little more different.  Moreover, we know that when the basis of gambling is casino games, it is obviously not going to be the same because there is no analysis, no strategy in the game just focus on luck and it will be very much different from trading.

[SOKO-DEKE]

No matter their similarities trading isn’t gambling likewise gambling isn’t trading.Both activities may have similar risk but the way an individual approach them matters a lot.For instance,a gambler that has been losing for the long term might be provoked to chasing their losses while a trader has absolutely no reason to chase losses rather they would improve on themselves by learning more skills to become successful.Anyways,whatever activity you’re into whether gambling or trading learn to be on the right track.

Most people who see gambling and trading as the same do so because they focus only on the risks involved in both, but hardly look at the other sides. For someone to clearly understand their differences, trading involves buying and selling like buying stocks now and selling later,This also applies to cryptocurrency,someone buys after doing some analysis and follows the charts to sell later.Gambling on the other hand, is simply putting money on an outcome, which likely always favors the house. So, it is only luck that allows someone to make money from gambling. The reason why some people continuously lose in trading is because of the mindset they have toward it. If someone sees trading as gambling, they will approach it the same way they approach gambling.

[LUCKMCFLY]

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.

Your example regarding BTC is very good, but people who see trading as gambling are mistaken. Much has already been said about the clear differences. I know there is a type of trading that does seem like gambling, but the difference lies in the fact that if we have a good level of analysis we can win, which isn't the case in gambling, because gambling is pure luck. From any angle you look at it, it is and always will be like that.

[programmer3666]

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.

Trading is not really gambling, but it can become gambling depending on how someone does it. If you’re just entering trades randomly, chasing quick profit or using emotions instead of thinking, then it is basically the same as gambling. But in real trading, people actually study the market, plan their moves and manage their risk. In simple case, a serious trader might decide that they are only risking 5% of their money on a trade and stick to it no matter what. That is different from gambling where you can just keep going until you lose everything.

[Sammye3]

In a general sense, trading is not gambling but you can gamble while trading; they have two distinct meanings. Any trader who does not follow a certain trading pattern or strategy is gambling while trading and might keep losing money as far as it goes.

With trading, predictions are speculated and actions are taken but gambling is less control without an aim. When you are reckless with your investments, it is regarded as gambling; it does not necessarily have to be about sports betting as that is what most people call gambling.

[dwyane36]

Your example regarding BTC is very good, but people who see trading as gambling are mistaken. Much has already been said about the clear differences. I know there is a type of trading that does seem like gambling, but the difference lies in the fact that if we have a good level of analysis we can win, which isn't the case in gambling, because gambling is pure luck. From any angle you look at it, it is and always will be like that.

Well, in my opinion, the only type of trading that seems like gambling is futures trading with such high leverage as 100x or more. Unfortunately, some exchanges still offer this to their users. Whether out of ignorance or greed, people take advantage of it and instantly lose their entire deposits. It's worth noting that with such high leverage, it doesn’t really matter how thorough your analysis was beforehand, because due to volatility, your position can still be liquidated quickly.

[tread93]

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.

I mean I always see this topic come across the board and I think ive even started a thread on this very subject if I am not mistaken but my take will always be that there are conditions. Ya know? Gambling has strategy in a number of different settings. Trading has loads of strategy so there is a line between educational bets and just pure dumb luck.

[Betwrong]

Trading has a connection with gambling because of the uncertainty involved, but it is wrong to view trading as gambling entirely. In trading, we have more complex variables, unlike in gambling, where there is no in-depth analysis. Same concept, capitalization tug of war, but different in practice.

Well, where uncertainty is not involved? I think, it depends on what kind of gambling we are talking about. There's a huge amount of uncertainty in slots, but not so much in professional poker. Regarding professional poker, there are people who have been winning millions for years.But try applying in-depth analysis to slots—you’ll lose everything. Compared to other jobs, trading is one of the closest things to gambling.

[Achalugo BTC]

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.

Your example regarding BTC is very good, but people who see trading as gambling are mistaken. Much has already been said about the clear differences. I know there is a type of trading that does seem like gambling, but the difference lies in the fact that if we have a good level of analysis we can win, which isn't the case in gambling, because gambling is pure luck. From any angle you look at it, it is and always will be like that.

But, in my own opinion, I think that these two are not the same, the risks are the same for sure, as they all involve with the use of money but the skill is not the same, the gambling is solely depends on luck while trading involves with skills and strategy and if you use the method that is meant for trading to gambling, it won't work likewise gambling to trading. For one to to get rid of excess loss, they have to play the best thing, which is discipline because that way they can achieve their goals.

[GiftedMAN]

Trading is not really gambling, but it can become gambling depending on how someone does it. If you’re just entering trades randomly, chasing quick profit or using emotions instead of thinking, then it is basically the same as gambling. But in real trading, people actually study the market, plan their moves and manage their risk. In simple case, a serious trader might decide that they are only risking 5% of their money on a trade and stick to it no matter what. That is different from gambling where you can just keep going until you lose everything.

You are right but 70% of people don't see that way and don't even understand what you are trying to explain. Trading can be a gambling depends on how one go about with it, that is to understand the basic concepts of it and getting to understand or know about trading and gambling will shape their mindset to know the right thing to do before they can be able to make decisions based on their reasons. That is what people are to do protect their capitals and stick to the right decision.

[Somto9Light]

Yes, gambling is entertainment. Anyone who sees trading as gambling doesn't understand the activities correctly. The only thing they have in common is that they involve money, and money must be protected. Trading is about analysis, not luck. The fact that you might sometimes get lucky is not the same as gambling. To someone who doesn't know, the activities might look like gambling because of the speed of the graphs, but they will never be gambling.

Yeah,  gambling is just for entertainment purposes and that is the truth about it, which people will have no other option than to accept it, while trading is a survival ground where you have to invest, loss and still survive because its built to be a where one can be making money from and anyone who attempts to treat trading as gambling will end up losing and regretting their actions at the same time. So, people are to differentiate the two and do what to do, to balanced the two smartly.

[348Judah]

If you are trading in a wrong direction, they know that you are synonymous to gambling in what you are doing because you are not doing it the right way, not that we can't lose when trading, but we must be conscious of every strategy and decision we are taken on trades based on the speculation we have conducted from the market performance at a particular time, so that we will often get it right than not whenever we are on trade.

[pawanjain]

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.

That kind of makes sense to me. Yes, gambling is just how we are losing our money for fun and entertainment.
I consider it as a fee for the games we play. Trading is a little different though.
We are hoping that our investment choice and the asset we invest in, generates profits for us.
We can't look at gambling from the same perspective because there is not asset being involved in gambling.

[GIF-JOBS]

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.

Your example regarding BTC is very good, but people who see trading as gambling are mistaken. Much has already been said about the clear differences. I know there is a type of trading that does seem like gambling, but the difference lies in the fact that if we have a good level of analysis we can win, which isn't the case in gambling, because gambling is pure luck. From any angle you look at it, it is and always will be like that.

Trading and gambling are never the same, both depend on two different things, that is, trading depends on your skills and gambling depends on your luck. But when someone trades completely emotionally without planning, research and skills and hopes for quick profits, then it becomes a kind of gambling. That is, we need to understand these differences in these aspects, if we can manage ourselves properly by understanding the differences, then we can definitely get something good from trading, and also protect ourselves from the very terrible losses of gambling. But of course we must first know the right things, we must not make any unrealistic decisions in the wrong way.

[shawonngp]

I feel good about trading more than gambling, because I can use tools to read charts and it makes predictions easier, with the help of stop loss feature, trading feels more comfortable.

Trading is better than gambling in my opinion. There are more skills in trading than gambling. It is only some few games that gamblers might have skills to play but in trading there are different tools to use and if you are good in using those tools, you will be making profit every day, the profit might not be big but you are getting some but gambling is not like that. People see gambling and trading as the same because some similarities and the risk.

Right, because there are some differences between trading and gambling, a lot of skill is required in trading. Because trading is not luck-based, it is difficult to profit in trading without proper skills. Gambling is different from trading. The risk is almost equal between the two. If you have basic knowledge of gambling, no skill is required; whoever has good luck can win, because gambling is completely luck-based. Trading is not for everyone because you need market analysis and to use a lot of tools. It is not like you can start trading today and make a profit the next day. Trading isn't that easy, I think. Both trading and gambling are risky, so people often consider them the same.

[hedgeh0g]

Trading and gambling are never the same, both depend on two different things, that is, trading depends on your skills and gambling depends on your luck. But when someone trades completely emotionally without planning, research and skills and hopes for quick profits, then it becomes a kind of gambling. That is, we need to understand these differences in these aspects, if we can manage ourselves properly by understanding the differences, then we can definitely get something good from trading, and also protect ourselves from the very terrible losses of gambling. But of course we must first know the right things, we must not make any unrealistic decisions in the wrong way.

I often hear people say they're different things, but I'd venture to suggest that trading and gambling have some minimal similarities. For example, how a player or trader approaches risk. In both cases, they may be completely insensitive to risk and do whatever they want, while professional players and traders do understand and manage risk, but this is something that can only be acquired after many years of experience, and not everyone has the ability to do so. I think that's how professionals are born.