Difference between Trading and Gambling

[Mr. Allcrypto]

Trading is good in our modern world, only when you have to good equipments and you also go through the necessary procedures. For you to become a good trader you have to be able to at least have the experience and equipments to analyze the market before Trading.
In most cases, we tend to find out that in our environment both online and offline, people do say that trading is same as gambling, but critically looking at it trading is far more different and better than gambling.
In gambling, you tend to guess, and it is based on luck. Meanwhile, in trading you have to analyze the market and in order not to loose you money you can use a robot and a stop loss to make you don't lose your money.
Most people who have lost their money in trading, is as a result of not analyzing how the market is going or not using the required facilities and equipment in trading, and also getting good knowledge from experience traders.
Fun fact!! Knowledge is profitable if it is from the right source.

[Charles-Tim]

Trading is when you are dealing with crypto, forex, stocks and commodities. It is trading when using spot price, derivative price and arbitrary to trade. There are scalpers, day traders and swing traders. Trading is different from gambling but that does not means it is not also risky. Trading is as risky as gambling and most traders are losing. As you use the amount of money that you can afford to gamble, also use the amount of money that you can afford to lose to trade.

[Geey]

I really agree with what you said sir, trading is very different and even the way to do it is also different... why are those who say that trading is the same as gambling, because they don't know how to trade and they only hear from other people's words so they say things like .. if they did it directly how to trade, then they would say the same as we say..
In terms of method, it is very different, even in terms of theory, it is even more different, people who say that trading is the same as gambling, they are very stupid.

[MrSpasybo]

In gambling, you tend to guess, and it is based on luck. Meanwhile, in trading you have to analyze the market and in order not to loose you money you can use a robot and a stop loss to make you don't lose your money.

For me, in some casino games, players also need to analyze and not just depend on luck. And in the crypto market, many people also participate in buying and selling as if trying their luck.

Therefore, trading and gambling only differ in the psychology and skills of the participants. If the participant manages capital and psychology seriously and effectively, he is a trader. On the contrary, if he does not have an understanding of capital and psychology management when participating in the game, he is a gambler.

As I see it, the majority of people who enter the crypto  market because of FOMO are gamblers: they buy and sell tokens without any basis for analysis nor take profit or stop loss orders. All they have is capital and unreasonable expectations of their own luck 

[Crwth]

There are differences between trading and gambling. The one that I prefer is where I could have the advantage, it is trading. For me, Trading is a great way to earn money if you have the right tools for it especially the knowledge that you should have when trading. You must know how to balance the situation and know how you would trade in certain markets. The best way for me is to use a tool like Gunbot, which trades for me 24/7, and that's how I do most of my trading. That's my tool.

For gambling, I like to have fun and it's just for entertainment purposes. Most of the time, if I lose, I just regret gambling at all, but for trading, when I lose, it's like "lesson learned"

[jeraldskie11]

I agree that you can call it gambling if the trader didn't analyze the market when they execute a trade but not all traders who analyzed the market can't be considered as gambling. It's simply because some traders are just analyzing the market without a proper knowledge, they forecast the market without backtesting it if really works. In that way, you can really consider yourself that you are not trading, you're gambling.

[tjtonmoy]

cut~

I agree with one thing that trading and gambling have in common is the risk. Other than that, they might share some similar things but they are totally different. In gambling, once you make the bet, the amount of winning or losing is already determined. What I mean by this is that you can't reduce the amount or save some portion of it. In trading however, you can put stop loss and other things like creating a strategy in order to minimize the loss. This is where trading is superior to gambling.

Whatever it is, in the end, trading is used for making a profit and gambling on the other hand is for fun and entertainment. You can not mix them up even if they have similar traits. They are both 2 different things and they should always stay like that.

[therozaq]

I agree with one thing that trading and gambling have in common is the risk. Other than that, they might share some similar things but they are totally different. In gambling, once you make the bet, the amount of winning or losing is already determined. What I mean by this is that you can't reduce the amount or save some portion of it. In trading however, you can put stop loss and other things like creating a strategy in order to minimize the loss. This is where trading is superior to gambling.

Trading and gambling both have something in common, namely risk.
Gambling when we have determined the bet, we know the nominal amount if we lose and win.
Trading requires analysis and experience.  We know crypto is volatile, it is difficult to determine the amount of our win or loss.

[electronicash]

there is a combination for both trading and gambling which is binary option. its like reading the chart and at the same time betting whichever the trend goes whether up or down within a period of time.

the only thing that makes the 2 different from each other is just reading the chart actually, removing it from the equation they are just both gambling and you rely on lucky like like crash game.

[Charles-Tim]

there is a combination for both trading and gambling which is binary option. its like reading the chart and at the same time betting whichever the trend goes whether up or down within a period of time.

Binary option is not a combination for both trading and gambling. Binary option is basically gambling and nothing more than that.

the only thing that makes the 2 different from each other is just reading the chart actually, removing it from the equation they are just both gambling and you rely on lucky like like crash game.

Binary option is an exception, but I agree.

No settting of odds in trading. Exchanges and brokers makes money just from the trades of people, unlike gambling sites that makes money from the money people stake to gamble

[BitcoinGirl.Club]

there is a combination for both trading and gambling which is binary option. its like reading the chart and at the same time betting whichever the trend goes whether up or down within a period of time.

Binary option is not a combination for both trading and gambling. Binary option is basically gambling and nothing more than that.

Gambling is a form of trading by the way. Consider it as a profession especially in sportsbet, you can always make an informed decision. Team analysis, league analysis, current form of players, home or away match and many other factors can be used to determine a result that may not be exact but very close to win you bet.

[Charles-Tim]

Gambling is a form of trading by the way. Consider it as a profession especially in sportsbet, you can always make an informed decision. Team analysis, league analysis, current form of players, home or away match and many other factors can be used to determine a result that may not be exact but very close to win you bet.

Probably we all have different definitions for trading and gambling. I define trading as buying of something like (goods, services, fiat, commodities etc) and selling it as a different price which can be higher or lower than the price that you bought it, but in a way that you want to make profit as you will want to buy at low price and sell at high price. You are not buying anything in casinos or bookies, you only bet and agree for the settlement to be based on certain terms and conditions. Trading is not even about the analyses.

[Crypto Library]

I don't know why people compare between trading and gambling, In my personal opinion, I think this comparison i.e. question is unaccommodating. Trading is fully depends on the analysis skills and On the others hand gambling is fully depends on peoples luck.
Like trading we can take it as a full-time job for professional earning source but on the other hand palying gambling is only a fun fact, it cannot be taken as a earning source, and those who depend on it as an earning source are mostly found to face danger later. Moreover, anyone can gamble and take profit and lose the entire fund at once. On the other hand, a person needs to have fundamental knowledge for trading, and to take up professional trading, one needs to know about technical analysis. These are what I understand as the primary difference between so trading and gambling

[Bodhi2021]

Actually trading and gambling are not the same or anywhere compared to one another, trading is all depends on the experience you have on a particular subject matter and amount of Capital you have to put in though also have his own risk because the more you invest in, the more the risk it carries but that should not stop you from trading just have little knowledge and keep on, because you either loss or you win , while Gambling is more risky and at the same time you earn more, why because gambling is a game of insight thinking where by you don't really know the outcome of the result but your guessing can make you successful in it or even fail and run down to zero unlike Trading that the lost don't come in a time.

[Geey]

there is a combination for both trading and gambling which is binary option. its like reading the chart and at the same time betting whichever the trend goes whether up or down within a period of time.

Binary option is not a combination for both trading and gambling. Binary option is basically gambling and nothing more than that.

Gambling is a form of trading by the way. Consider it as a profession especially in sportsbet, you can always make an informed decision. Team analysis, league analysis, current form of players, home or away match and many other factors can be used to determine a result that may not be exact but very close to win you bet.

very different friend, let's see how we start doing crypto trading and gambling. Gambling is as if we are trying our luck, whether we are lucky or not, like when we gamble on football clubs. Well, friends, of course you know how it operates, is it the same as crypto trading? I don't think so, friend, because crypto trading is not like gambling as you say. The difference between trading crypto and gambling is that trading requires a lot of strategy and knowledge, while gambling only relies on luck.