Trading is like more like gambling if...

[Wind_FURY]

Gambling and trading are two different things, only think when you use maximum 5-7 leverage for trading. If you ever use leverage of 10 or more, it is completely gambling. However it doesn't take much time to trade but it takes a lot of time to become a good and expert trader. Honestly, investing is much better than trading, it is profitable in the long run. However, enough knowledge and skills are needed to trade, especially the importance of technical analyses.

No, futures trading is inherently gambling, and a disguised form of it, regardless of the leverage you use.  Once you choose to trade future and use leverage, it means you have a mindset of wanting to get rich quickly, and that is the mindset of a gambler.

However, I agree with you that long term investment is the best option, even spot trading cannot compare. Long term investing does not guarantee absolute profit, but it increases the chances of success and significantly reduces risk compared to trading.

Are you actually qualified to make that statement, or is it because as PLEBS we can't make consistent profit because we don't actually know what we're doing EVEN AFTER reading all the trading books and going through different trading courses?

 

It's mere gambling for those people, especially PLEBS like US, who don't have an edge in those markets.

[Dr.Bitcoin_Strange]

To be frank trading is more dangerous than gambling as gambling deals with more precision like if you can get how the team plays their previous matches and if you are able to know this it would be that better for you to book them. But in trading, even though you do your analysis and also fundamental analysis you would see that the market circumstance would have to change everything there because news can actually influence the market to change direction even after doing those your analysis. This is the reason why most traders regularly lose money while trading because they can't predicts how the market overly function or reacts at the first place.

Trending is not as dangerous as you think, just the way you are talking about gambling, that's how people that are good in trading will also talking about trading by telling you that if you know the basics things in trading, it will be easy for you, you don't have to win all trades because it's not possible but you can manage risk and still be profitable at the end of the day. Just like OP mentioned, if you don't learn about fundamental and technical analysis, then you will find it difficult to be successful in trading.

[shawonngp]

Trading is so much different from gambling in so many ways such as in terms of the risk involved and the process. Just like every other business, trading has risk involved but the risk is not like the risk of gambling which requires 100% accuracy to win. In trading, you can be wrong and still make money like choosing the direction wrong and price go your way and before it reverses and prove you wrong, you close the trade in profits.

Apart from this, skill is more important in trading than luck. In other words, luck cannot take you far in trading, you must know the art of trading to succeed. On the contrary, you just need luck to succeed in gambling, just one lucky day and you are rich in gambling. This is the reason trading are taught in schools whereas gambling is not.

I totally concur that gambling or trading are two entirely different things. All it takes is a lot of luck to gamble but to trade it takes time and knowledge to learn. It is definitely not a short process that a learner is aware of. It is a relief that you have been able to realize the difference, as exercising your brain in all that you undertook is ever so much more preferable to having fate resolve itself which of the two you ought to have pursued.

Gambling and trading are never the same, if we understand the subject correctly. The point is that gambling is a matter of luck, we all know this, but in the field of trading, when we trade without any knowledge or skill, then it also becomes based on luck, and then it becomes like gambling. But if we trade correctly, by using skills, then it does not depend on luck but on our skills, and it is never like gambling. So it is important to understand these things in detail, if we blindly consider trading as luck-based with the wrong mindset, then we will only have to face losses.

I agree that gambling and trading are never similar, because there is definitely a lot to know and learn in trading. Market analysis is essential; if you start trading without knowing anything, you can never expect to profit. Gambling is not always based on luck. Winning in slots, roulette, dice, and crash casino gambling will completely depend on your luck. Especially in sports betting, you need to do good research and strategies to win, because team picks are important. It doesn't just depend on luck. You can gamble blindly, but you can't in trading.

[impulse709]

Trading is so much different from gambling in so many ways such as in terms of the risk involved and the process. Just like every other business, trading has risk involved but the risk is not like the risk of gambling which requires 100% accuracy to win. In trading, you can be wrong and still make money like choosing the direction wrong and price go your way and before it reverses and prove you wrong, you close the trade in profits.

Apart from this, skill is more important in trading than luck. In other words, luck cannot take you far in trading, you must know the art of trading to succeed. On the contrary, you just need luck to succeed in gambling, just one lucky day and you are rich in gambling. This is the reason trading are taught in schools whereas gambling is not.

I totally concur that gambling or trading are two entirely different things. All it takes is a lot of luck to gamble but to trade it takes time and knowledge to learn. It is definitely not a short process that a learner is aware of. It is a relief that you have been able to realize the difference, as exercising your brain in all that you undertook is ever so much more preferable to having fate resolve itself which of the two you ought to have pursued.

Gambling and trading are never the same, if we understand the subject correctly. The point is that gambling is a matter of luck, we all know this, but in the field of trading, when we trade without any knowledge or skill, then it also becomes based on luck, and then it becomes like gambling. But if we trade correctly, by using skills, then it does not depend on luck but on our skills, and it is never like gambling. So it is important to understand these things in detail, if we blindly consider trading as luck-based with the wrong mindset, then we will only have to face losses.

I agree that gambling and trading are never similar, because there is definitely a lot to know and learn in trading. Market analysis is essential; if you start trading without knowing anything, you can never expect to profit. Gambling is not always based on luck. Winning in slots, roulette, dice, and crash casino gambling will completely depend on your luck. Especially in sports betting, you need to do good research and strategies to win, because team picks are important. It doesn't just depend on luck. You can gamble blindly, but you can't in trading.

I agree that trading and gambling is different, but when people enter into the market without knowledge and strategy it can look a lot like gambling. When a trader does not pay attention to market analysis, risk management and emotional control. He or she is playing the game of luck, as much as a gambler. Patience, discipline, and lifelong learning are key traits of successful trading. However, certain types of gambling. Like sports betting, can be researched and planned. The main difference is that when people are gambling, they are usually looking for short-term wins – whereas when they are trading, they are mainly interested in consistency over the long haul.