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Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: June 02, 2024, 11:29:48 PM »There's no analysis that would really be able to fit out with this kind of trading on which it would really be something that will really be too fast in duration on which there would be no analysis that could work out. Even if we do say or make use of that scalping method kind of approach but still it wont really be enough for it to read up any possible movements considering theI think I agree with you, Binary options type of trading seems a gamble. Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use? It doesn't seem to have much of an effect there. I'm not a professional trader, just a holder who has learned a little about trading.I can attest that Binary options type of trading could really be considered to be gambling, although you could really be able to apply some analysis considering that you are really that making some trading on which it would really be just that normal that you would really be making yourself that applying analysis on which it cause up for you to have that increased chance on making some good trading but since binary options are really that involved with few seconds or even just a minute trade then this is something that you cant really be able to draw any technical analysis or even be able to apply any fuindamentals and this is why i cant be considered to be gambling and pretty sure that majority will really be having that impressions too.Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.
very fast duration. This is why it would really be that considered to be gambling even if it would really be just pertaining or talking about trading but the risks
involved is really that having that equal values i could say.