Trading is not same thing as Gambling

[Jamal Aezaz]

        -   For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.

Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.

Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.

Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.

[milewilda]

        -   For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.

Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.

Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.

Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.

Trading would really be considered as gambling on the time that you wouldn't really be applying any analysis into it or simply making up some trading position with just your gut feeling on which
this is something that you shouldnt really be doing when doing trading. If you do have that kind of approach into your trading activity then it would be better that you should really be doing gambling. You would really be making out those realizations on the time that you've been able to compare about the risks factor in between trading and gambling on which we know that in gambling there's no way that you could be able to apply when it comes to stategies and other correlated aspects. If you do trade for long term then you should really be removing
that gambler like mind.

[Captain Corporate]

There are moments when it is similar, like newbie trading margin or leverage/futures etc, those are like gambling and I sort of understand why they happen. But at the same time I have to say that its not going to be all that easy to handle it all, its going to be quite tough. Hopefully we could get to a point where we could see it move further, it should be something that we could benefit from if people could stop gambling while trading. Long term holding or day trading with some indicator knowledge or chart reading skills, those are not gambling and people should be going towards that a lot more.

[sampoerna]

Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.

Yes, basically this is different. However, the problem that we often encounter is how to trade, which is what makes trading more like gambling.
Trading without knowledge and only relying on luck is like gambling.
Trading without good risk management and provisions will also be as risky as gambling.
Trading without wise money management will turn into gambling and can cause losses without any reason.

[Litzki1990]

If you talk about spot trading then it totally depends on own strategy and it is not like gambling at all but if you talk about future trading then I will tell you future trading is very much like gambling. Futures trading usually gives me the opportunity to trade both long and short and based on leverage I am usually given a loan and we trade with that loan. In this case if we use excess leverage then it can be seen that the level of risk becomes excessive if the market goes up by some amount or if the market goes down by some amount but our money is likely to be lost completely so I consider this high risk trading as gambling.

[jeraldskie11]

Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.

If someone trades the market blindly, he is definitely gambling. Trading without a trading strategy and risk management is gambling. We are all aware that if we rely just on chance in our trade, we cannot guarantee future profitability. Consider that even a trader with a trading plan and risk management cannot be profitable in his first year of trading; how much more if we rely just on luck. So we should avoid trading if we know we are only gambling to avoid losing money.

-snip-
So as you're trading always do so to work on your trading skills and risk in trading there's no point you can say am done with learn let's just focus on earning alone (wrong) as you earning keep the learning going so that you would be trading instead of gambling with your trading funds

Some traders think that their knowledge is enough when they can manage to make profit in their couple of trades. But trading is not like that, the market will not always do the same way it used to be. Our mindset should be harmonized to the smart money to determined and avoid their possible next move since their aim is to take out our stop-losses. That's why we should always keep on learning and don't be over confident that our strategy will always work, sometimes we have to enhance it to be more effective in the market.

[tjtonmoy]

I just can't help but make a meme on this.


I still can't understand why people think that Gambling and Trading are the same thing. Yes, they are somewhat similar tbh but that does not make them the same. In gambling (except for sports betting) everything is based on luck. You can not change your luck based on your skills. You just place your bet amount and push the button. That it. But in trading, you need skills, analysis, strategies etc. And you can control your profit and loss based on your knowledge and experience.

I don't know how people mix up these two.

[elbans89]

I still can't understand why people think that Gambling and Trading are the same thing. Yes, they are somewhat similar tbh but that does not make them the same. In gambling (except for sports betting) everything is based on luck. You can not change your luck based on your skills. You just place your bet amount and push the button. That it. But in trading, you need skills, analysis, strategies etc. And you can control your profit and loss based on your knowledge and experience.

I agre with you, gambling is based on luck. that's all.
But In trading, needs skill, analysis, strategic, management of emotions etc. Trading is need experience and also knowledge about the coins and the projects.We should have good analysis and do research before buy the coins for trading.

[Thyplaymaker]

Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.

If someone trades the market blindly, he is definitely gambling. Trading without a trading strategy and risk management is gambling. We are all aware that if we rely just on chance in our trade, we cannot guarantee future profitability. Consider that even a trader with a trading plan and risk management cannot be profitable in his first year of trading; how much more if we rely just on luck. So we should avoid trading if we know we are only gambling to avoid losing money.

-snip-
So as you're trading always do so to work on your trading skills and risk in trading there's no point you can say am done with learn let's just focus on earning alone (wrong) as you earning keep the learning going so that you would be trading instead of gambling with your trading funds

Some traders think that their knowledge is enough when they can manage to make profit in their couple of trades. But trading is not like that, the market will not always do the same way it used to be. Our mindset should be harmonized to the smart money to determined and avoid their possible next move since their aim is to take out our stop-losses. That's why we should always keep on learning and don't be over confident that our strategy will always work, sometimes we have to enhance it to be more effective in the market.

you are right having a little knowledge cannot make you to be a successful trader it may only help you at the starting of your trafihg given you a beginner luck profit. Without knowing that trading not something you can control (you can't control the market) or a task you just do and get paid No! Trading takes times to master you always learning from your mistakes shows that you  are improving but I'm a scenario you keep on making that same mistakes like letting your emotions to get the best of you always shows that you have not being improving in your trading what skills. So as a trader you got to be determined and ready to learn and more you learn and more you realise that trading is not gambling.

[philipma1957]

Trading needs skill, experience and good management of emotion.
Gambling too. it seems the same...
what's the difference?
What differentiates trading and gambling is the way of analyzing charts, candles, etc.
Learn the project, fundamental, man behind etc.
Gambling is game, Gambling is a game where we don't play analysis, just play luck

why not delete you opinion.

"gambling is betting at unfavorable odds."

it is not a game it is taking  unnecessary risks where the odds are against you.


Trading can be gambling because you can do it in a wrong manner.

Or it can be profit making if done in a correct manner. ie not gambling.

[Charles-Tim]

"gambling is betting at unfavorable odds."

it is not a game it is taking  unnecessary risks where the odds are against you.


Trading can be gambling because you can do it in a wrong manner.

Or it can be profit making if done in a correct manner. ie not gambling.

Some people may learn about trading but losing. Some people will leave trading and see it as gambling. Some people may continue and look for better strategies as some people will continue to lose than make profit. I prefer  to post about trading like this because according to many researches, most traders are losing.

Trading is not gambling but we can say they are cousins. Do not mind my example. Trading and gambling are not the same at all. But their risk are almost similar. Although, if done rightly, it is true that the trader will make profit, but it is worth it to let people know that most traders are prone to losses.

[philipma1957]

"gambling is betting at unfavorable odds."

it is not a game it is taking  unnecessary risks where the odds are against you.


Trading can be gambling because you can do it in a wrong manner.

Or it can be profit making if done in a correct manner. ie not gambling.

Some people may learn about trading but losing. Some people will leave trading and see it as gambling. Some people may continue and look for better strategies as some people will continue to lose than make profit. I prefer  to post about trading like this because according to many researches, most traders are losing.

Trading is not gambling but we can say they are cousins. Do not mind my example. Trading and gambling are not the same at all. But their risk are almost similar. Although, if done rightly, it is true that the trader will make profit, but it is worth it to let people know that most traders are prone to losses.

yep because there are fees. So the more rapidly you trade the more you pay in fees.


if you go in to a coin at 100

and set 2 ladders one for sell at

150 sell 20 percent
200 sell 20 percent
250 sell 20 percent
300 sell 20 percent
350 sell 20 percent

and a buy ladder at

80 buy 25 percent
60 buy 25 percent
40 buy 25 percent
20 buy 25 percent

and ignore all of the above for a few months then check results you have already succeeded in making very few trades which takes a lot of the gambling out of the plays.

[BitcoinGirl.Club]

yep because there are fees. So the more rapidly you trade the more you pay in fees.

Frankly the fees are sometimes 0.1% which is very less comparing to the profit you can make or at-least you look forward.

If you even have a goal to make 0.5% profit in trades then you are still in profit. But ultimately the exchange loss noting, they earn from your buy and sell both orders LOL. Over time this 0.1% becomes a lot for them but you don't feel it because you are not paying much in each trades. I think it's psychological.

[gunhell16]

        -   For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.

Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.

Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.

Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.

What he said is right; trading and gambling are not the same. Even I, also believe in that concept too. Because if trading and gambling are similar, it should be called a trading casino, not just trading. See the logic?

Very simply, trading can be considered a profession, while gambling is not. If you have extensive knowledge in trading, the chances of you getting a profit are also high, while in gambling, whether you know something or not, you can win a large amount if you are lucky.

[Gormicsta]

Trading and gambling are completely different although they might have little similarities, because they both involved taking risk but gambling has a chance of winning, hoping for the best because we are just trying our luck but trading is what we do with caution because before we go into it, we will make a decision.
 Also gambling is mostly dependent on luck and chances while trading requires more of experience rather than luck and chances.