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Author Topic: Trading is not same thing as Gambling  (Read 34500 times)

Offline electronicash

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Re: Trading is not same thing as Gambling
« Reply #225 on: November 16, 2024, 08:29:05 PM »

        -      Most of the newbies who get into trading right away think of trading like gambling in a casino. This type or class of traders cannot be considered real traders because others or most think that it is just buy and sell, buy at low and then sell at high.

They thought that it was easy to do; they didn't immediately think that there are underlying reasons for buying and selling crypto assets in this field of bitcoin and crypto. So the traders who think they are like that in the title but whose mindset and view of trading is like gambling are not really traders; instead, they are gamblers.
New traders mostly think trading is like gambling just buying low and selling high. But real traders know it is more complex requiring analysis strategy and discipline. Unlike gamblers who depend on luck and emotions traders use planning and techniques to minimize losses. To succeed traders must be educated experienced and self and staying calm. This means avoiding bad decisions and focusing on long term goals. With being disciplined and informed traders can avoid gambling like mistakes and achieve success in financial markets.

its often what is taught actually that's why it sounds very simple as buy low and sell high. but true it needs analysis and learning that needs time and experience which i guess the newbie should just dive and keep experimenting as long as the amount they throw is just as small they can afford to lose.

either that is what new traders do or just hold. most of the traders that are coming these days are very experience already, they may come from stock or forex market. these are the ones that i think can gamble more capital to gain more.

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Re: Trading is not same thing as Gambling
« Reply #225 on: November 16, 2024, 08:29:05 PM »

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Offline Blaze

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Re: Trading is not same thing as Gambling
« Reply #226 on: November 16, 2024, 11:57:34 PM »
its often what is taught actually that's why it sounds very simple as buy low and sell high. but true it needs analysis and learning that needs time and experience which i guess the newbie should just dive and keep experimenting as long as the amount they throw is just as small they can afford to lose.

either that is what new traders do or just hold. most of the traders that are coming these days are very experience already, they may come from stock or forex market. these are the ones that i think can gamble more capital to gain more.
Cryptos investments might seem to be fairly easy to manage yet we all know that between the lines of the buying low and selling high strategies, there are numerous factors, the management of which we need to master. Consequently, it is crucial for it and us to understand that any small step that has been made with enough awareness can be meaningful in our learning. Newbie traders should invest a small amount of money first because they are likely to incur a loss once they start trading as they get familiar with the market they do not feel pressurised much.

That leaves the experience from other monetary sectors, including stocks or forex as a positive advantage. However, it also continues to involve the fact that crypto market has its own characteristic that is not similar to the real market. This means that even if our experiences are not similar we have a chance to listen and to develop. Thus, through consistent efforts to engage in such processes and understand the results, and refine our approaches, we learn how to lay a better foundation to be more willing to take steps in such a volatile market place.

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Re: Trading is not same thing as Gambling
« Reply #226 on: November 16, 2024, 11:57:34 PM »

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Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #227 on: November 17, 2024, 04:14:43 AM »
Usually these words are into those people who are really that have able to experience that winning trade on the moment or time that they had start out. We do know that when it comes into this manner on which this do bring up that kind of confidence towards yourself and really be instilling into your mind that it was easy but on the time or moment that they will be facing up some issues or problems then this is where they would really be starting out to make adjustments on which i could say that this will really be that likely the case that do happen. It is really that important that you do really know on what are the things you've been dealing. Primary mistakes are common due to lack of knowledge but making out those learnings along the way will really be obtained
and this is something that you do need to adapt and apply into your future trades.
Success in trading is always encouraging, motivating, and the boost to our credentials, on the same note, I think that the difficult stages are the ones that shape us. In its turn. When there is an opposition, a lot can be taught about what is needed to advance. Rather, relatively often ignorance is the root of the error, but if we want to make studying the process we go through an attitude of gaining and developing the knowledge and experience we need, we undoubtedly should be enriched in the course of studying the given process. These will all be useful bounties that will be of service in the future whether they are lessons, advice, or ideas.
When we do see someone whose really that making up some huge profits in trading on which this will really be that making us having that kind of boost when it comes to do on the same thing.
Part of being a noob on which we do really have those kind of hopes and anticipations that it is really that too easy and it will really be that not having some challenges not until on the moment or time that you will be able to experience those tough situations specially on dealing up with an unpredictable market. It will really be always best that you should really know on how to go with the flow on which its something that you will really be needed up to be versatile on every situations or conditions that you will be able to encounter.

Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #228 on: November 19, 2024, 01:03:20 PM »

        -      Most of the newbies who get into trading right away think of trading like gambling in a casino. This type or class of traders cannot be considered real traders because others or most think that it is just buy and sell, buy at low and then sell at high.

They thought that it was easy to do; they didn't immediately think that there are underlying reasons for buying and selling crypto assets in this field of bitcoin and crypto. So the traders who think they are like that in the title but whose mindset and view of trading is like gambling are not really traders; instead, they are gamblers.
The actual reason why most newbies consider trading to be exactly like gambling is simply because they lack experience and information. Yes, because it’s only one who is naive that’ll really think of the both concepts to be exactly the same and cannot distinguish between them both. Yes gambling and trading may have more similarities that the ordinary man without trading knowledge may think of them as the same.

While there’s a presence of risk and uncertainty in both sides, trading can on the other hand be considered to be more advantageous due to the fact that there are many ways one can conduct his research about the the asset before entering, and if you get your facts right, and using the provided analytical tools and methods, you have a higher chance of success and not having to solely depend on luck for success like it is in gambling. So they may seem the same but when you calm down to look at the both context, you’ll realize just how different they are.

Offline satpol_PP

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Re: Trading is not same thing as Gambling
« Reply #229 on: November 20, 2024, 01:36:00 AM »

        -      Most of the newbies who get into trading right away think of trading like gambling in a casino. This type or class of traders cannot be considered real traders because others or most think that it is just buy and sell, buy at low and then sell at high.

They thought that it was easy to do; they didn't immediately think that there are underlying reasons for buying and selling crypto assets in this field of bitcoin and crypto. So the traders who think they are like that in the title but whose mindset and view of trading is like gambling are not really traders; instead, they are gamblers.
New traders mostly think trading is like gambling just buying low and selling high. But real traders know it is more complex requiring analysis strategy and discipline. Unlike gamblers who depend on luck and emotions traders use planning and techniques to minimize losses. To succeed traders must be educated experienced and self and staying calm. This means avoiding bad decisions and focusing on long term goals. With being disciplined and informed traders can avoid gambling like mistakes and achieve success in financial markets.

its often what is taught actually that's why it sounds very simple as buy low and sell high. but true it needs analysis and learning that needs time and experience which i guess the newbie should just dive and keep experimenting as long as the amount they throw is just as small they can afford to lose.

either that is what new traders do or just hold. most of the traders that are coming these days are very experience already, they may come from stock or forex market. these are the ones that i think can gamble more capital to gain more.
The theory of trading sounds easy, buy low and sell high. but in practice it is difficult to do because sometimes our analysis and predictions are wrong and we end up trapped. that's why in trading it takes experience and skills in doing it, currently we see great traders, maybe you are right they are from forex and stocks. because they feel crypto is more interesting that's why they switch to crypto. I have been trading for a long time, although not yet a professional because I am still learning.

When we do see someone whose really that making up some huge profits in trading on which this will really be that making us having that kind of boost when it comes to do on the same thing.
Part of being a noob on which we do really have those kind of hopes and anticipations that it is really that too easy and it will really be that not having some challenges not until on the moment or time that you will be able to experience those tough situations specially on dealing up with an unpredictable market. It will really be always best that you should really know on how to go with the flow on which its something that you will really be needed up to be versatile on every situations or conditions that you will be able to encounter.
very happy and interesting to see someone who succeeds in trading, because it is not easy to become a professional trader. many people because as you said see people succeed in trading, they want to follow it by learning to trade. I am the same, but trading requires a process and sacrifice to become skilled. It takes capital and keep the spirit to learn after experiencing failure. I also often suffered losses in trading in the past when I started learning to trade, but I learned from all those mistakes.



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Re: Trading is not same thing as Gambling
« Reply #230 on: November 20, 2024, 03:28:59 PM »
When we do see someone whose really that making up some huge profits in trading on which this will really be that making us having that kind of boost when it comes to do on the same thing.
Part of being a noob on which we do really have those kind of hopes and anticipations that it is really that too easy and it will really be that not having some challenges not until on the moment or time that you will be able to experience those tough situations specially on dealing up with an unpredictable market. It will really be always best that you should really know on how to go with the flow on which its something that you will really be needed up to be versatile on every situations or conditions that you will be able to encounter.
Surely the urge will be there when seeing someone succeed with their trading, and if we can't control ourselves then maybe we will make a messy trade.

It doesn't really matter if that happens, I mean we have to make that urge a motivation. Not by suddenly doing the same thing, but by working harder in learning to improve what we will do.

Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #231 on: November 20, 2024, 06:06:37 PM »
When we do see someone whose really that making up some huge profits in trading on which this will really be that making us having that kind of boost when it comes to do on the same thing.
Part of being a noob on which we do really have those kind of hopes and anticipations that it is really that too easy and it will really be that not having some challenges not until on the moment or time that you will be able to experience those tough situations specially on dealing up with an unpredictable market. It will really be always best that you should really know on how to go with the flow on which its something that you will really be needed up to be versatile on every situations or conditions that you will be able to encounter.
Surely the urge will be there when seeing someone succeed with their trading, and if we can't control ourselves then maybe we will make a messy trade.

It doesn't really matter if that happens, I mean we have to make that urge a motivation. Not by suddenly doing the same thing, but by working harder in learning to improve what we will do.
When we are just starting on something that we havent been able to encounter before then we would really be having that kind of approach or kind of reaction.
On the moment or time that it would really be giving out some negative results or outcome then this is the time that we would really be making out such adjustment.
This is why it will really be that understandable that there will really be that kind of situation on which we will really be having those kind of boost up but
eventually we will be able to make out adjustments accordingly.

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Re: Trading is not same thing as Gambling
« Reply #231 on: November 20, 2024, 06:06:37 PM »


Offline SmartGold01

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Re: Trading is not same thing as Gambling
« Reply #232 on: November 20, 2024, 07:13:57 PM »
When we do see someone whose really that making up some huge profits in trading on which this will really be that making us having that kind of boost when it comes to do on the same thing.
Part of being a noob on which we do really have those kind of hopes and anticipations that it is really that too easy and it will really be that not having some challenges not until on the moment or time that you will be able to experience those tough situations specially on dealing up with an unpredictable market. It will really be always best that you should really know on how to go with the flow on which its something that you will really be needed up to be versatile on every situations or conditions that you will be able to encounter.
Surely the urge will be there when seeing someone succeed with their trading, and if we can't control ourselves then maybe we will make a messy trade.

It doesn't really matter if that happens, I mean we have to make that urge a motivation. Not by suddenly doing the same thing, but by working harder in learning to improve what we will do.
When we are just starting on something that we havent been able to encounter before then we would really be having that kind of approach or kind of reaction.
On the moment or time that it would really be giving out some negative results or outcome then this is the time that we would really be making out such adjustment.
This is why it will really be that understandable that there will really be that kind of situation on which we will really be having those kind of boost up but
eventually we will be able to make out adjustments accordingly.
One thing we should also keep in mind is that proof and results boost up traders though to me I don't easily get aroused with people testimonial or words but I know that it all required knowledge and constantly putting effort to reach that level of profits or trading they does, even though lot of people see it as a gambling I didn't have that mindset because I know it all depends on individuals and how they understand things around them. Though I understand that trading and gambling seems to be having same effect of risk but that doesn't mean they are one.

Offline densus88

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Re: Trading is not same thing as Gambling
« Reply #233 on: November 20, 2024, 08:49:22 PM »

One thing we should also keep in mind is that proof and results boost up traders though to me I don't easily get aroused with people testimonial or words but I know that it all required knowledge and constantly putting effort to reach that level of profits or trading they does, even though lot of people see it as a gambling I didn't have that mindset because I know it all depends on individuals and how they understand things around them. Though I understand that trading and gambling seems to be having same effect of risk but that doesn't mean they are one.
Trading and gambling are two different things, because trading requires knowledge and experience. We must learn technical and fundamental analysis and have a good strategy in trading. While in gambling, people say it takes luck. I am not a gambler so I don't really understand gambling. Because I am just a trader and spend my time every day on the stock exchange.
I prefer to trade because I need experience so that in the future I can become a professional trader.
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Re: Trading is not same thing as Gambling
« Reply #234 on: November 20, 2024, 10:02:17 PM »
When we do see someone whose really that making up some huge profits in trading on which this will really be that making us having that kind of boost when it comes to do on the same thing.
Part of being a noob on which we do really have those kind of hopes and anticipations that it is really that too easy and it will really be that not having some challenges not until on the moment or time that you will be able to experience those tough situations specially on dealing up with an unpredictable market. It will really be always best that you should really know on how to go with the flow on which its something that you will really be needed up to be versatile on every situations or conditions that you will be able to encounter.
Surely the urge will be there when seeing someone succeed with their trading, and if we can't control ourselves then maybe we will make a messy trade.

It doesn't really matter if that happens, I mean we have to make that urge a motivation. Not by suddenly doing the same thing, but by working harder in learning to improve what we will do.
At first I learned trading because my friend was successful in trading and got profit in crypto trading consistently. This is what motivated me to learn trading. Even though he said trading is difficult and requires experience to become more skilled, I tried to learn and seek that experience. It is true, it takes encouragement so that we can become more advanced and have good skills in trading.

Offline SmartGold01

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Re: Trading is not same thing as Gambling
« Reply #235 on: November 21, 2024, 05:04:49 AM »

One thing we should also keep in mind is that proof and results boost up traders though to me I don't easily get aroused with people testimonial or words but I know that it all required knowledge and constantly putting effort to reach that level of profits or trading they does, even though lot of people see it as a gambling I didn't have that mindset because I know it all depends on individuals and how they understand things around them. Though I understand that trading and gambling seems to be having same effect of risk but that doesn't mean they are one.
Trading and gambling are two different things, because trading requires knowledge and experience. We must learn technical and fundamental analysis and have a good strategy in trading. While in gambling, people say it takes luck. I am not a gambler so I don't really understand gambling. Because I am just a trader and spend my time every day on the stock exchange.
I prefer to trade because I need experience so that in the future I can become a professional trader.
I am actually referring to the risk aspect of it because  most people don't see that aspect of gambling/trading. In trading you lose money, in gambling you lose money, so what I am trying to say is that they may not be the same but they are quite the same in risk aspect or do I say volatility aspect of it. Gambling/trading has same volatility level because if you don't control yourself while gambling you lose huge, if you don't also have good knowledge about trading you also can sweep off your account.

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Re: Trading is not same thing as Gambling
« Reply #236 on: November 21, 2024, 12:40:30 PM »

One thing we should also keep in mind is that proof and results boost up traders though to me I don't easily get aroused with people testimonial or words but I know that it all required knowledge and constantly putting effort to reach that level of profits or trading they does, even though lot of people see it as a gambling I didn't have that mindset because I know it all depends on individuals and how they understand things around them. Though I understand that trading and gambling seems to be having same effect of risk but that doesn't mean they are one.
Trading and gambling are two different things, because trading requires knowledge and experience. We must learn technical and fundamental analysis and have a good strategy in trading. While in gambling, people say it takes luck. I am not a gambler so I don't really understand gambling. Because I am just a trader and spend my time every day on the stock exchange.
I prefer to trade because I need experience so that in the future I can become a professional trader.
I am actually referring to the risk aspect of it because  most people don't see that aspect of gambling/trading. In trading you lose money, in gambling you lose money, so what I am trying to say is that they may not be the same but they are quite the same in risk aspect or do I say volatility aspect of it. Gambling/trading has same volatility level because if you don't control yourself while gambling you lose huge, if you don't also have good knowledge about trading you also can sweep off your account.

In both, you can lose small, it just depends on whether you spend your funds responsibly or not.
Nobody makes you spend most of your depo in one go both in gambling and trading.
But of course, we should remember that somewhere you can at least minimize your risks with the needed expertise, and in another - lady luck is at the helm fully.

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Re: Trading is not same thing as Gambling
« Reply #237 on: November 21, 2024, 03:21:20 PM »
Surely the urge will be there when seeing someone succeed with their trading, and if we can't control ourselves then maybe we will make a messy trade.

It doesn't really matter if that happens, I mean we have to make that urge a motivation. Not by suddenly doing the same thing, but by working harder in learning to improve what we will do.
When we are just starting on something that we havent been able to encounter before then we would really be having that kind of approach or kind of reaction.
On the moment or time that it would really be giving out some negative results or outcome then this is the time that we would really be making out such adjustment.
This is why it will really be that understandable that there will really be that kind of situation on which we will really be having those kind of boost up but
eventually we will be able to make out adjustments accordingly.
Adaptation has to be done at times like that, and you're right it's more done by someone who has never faced something like that before.

That's why we always remind those who have just entered a space like that to be careful. Of course this also includes reminding those of us who have been in it longer. Because even though we've been there longer, it doesn't mean we don't need to be reminded.

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Re: Trading is not same thing as Gambling
« Reply #238 on: November 21, 2024, 03:35:10 PM »
I am actually referring to the risk aspect of it because  most people don't see that aspect of gambling/trading. In trading you lose money, in gambling you lose money, so what I am trying to say is that they may not be the same but they are quite the same in risk aspect or do I say volatility aspect of it. Gambling/trading has same volatility level because if you don't control yourself while gambling you lose huge, if you don't also have good knowledge about trading you also can sweep off your account.
If the above risk is segregated from it then the trading and other activities associated with the financial choices are stylized. When starting to trade you have to realize that every move affects something and that the potential for reason is a significant component to stability. Dealing in Future or Spot unless there is a policy is speculation and this results in a lose.

Adaptation has to be done at times like that, and you're right it's more done by someone who has never faced something like that before.

That's why we always remind those who have just entered a space like that to be careful. Of course this also includes reminding those of us who have been in it longer. Because even though we've been there longer, it doesn't mean we don't need to be reminded.
Learning new circumstances is one of the most important stages to continue and ensure the sustainability and efficiency of our actions that has been studied and proved in a constantly developing field. Those, like myself who have been in the program before have to offer explanations of how the program works and ensure that others who are new to the program are motivated to continue pushing forward. However, learners cannot be reminded that learning is a lifelong process even if a person is already considerable by experience. Sometimes people might just need to be told and this may sometimes be a way of ensuring that we are all in a proper position to really observe the dangers that are present.

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Re: Trading is not same thing as Gambling
« Reply #239 on: November 21, 2024, 05:10:25 PM »

One thing we should also keep in mind is that proof and results boost up traders though to me I don't easily get aroused with people testimonial or words but I know that it all required knowledge and constantly putting effort to reach that level of profits or trading they does, even though lot of people see it as a gambling I didn't have that mindset because I know it all depends on individuals and how they understand things around them. Though I understand that trading and gambling seems to be having same effect of risk but that doesn't mean they are one.
Trading and gambling are two different things, because trading requires knowledge and experience. We must learn technical and fundamental analysis and have a good strategy in trading. While in gambling, people say it takes luck. I am not a gambler so I don't really understand gambling. Because I am just a trader and spend my time every day on the stock exchange.
I prefer to trade because I need experience so that in the future I can become a professional trader.
I am actually referring to the risk aspect of it because  most people don't see that aspect of gambling/trading. In trading you lose money, in gambling you lose money, so what I am trying to say is that they may not be the same but they are quite the same in risk aspect or do I say volatility aspect of it. Gambling/trading has same volatility level because if you don't control yourself while gambling you lose huge, if you don't also have good knowledge about trading you also can sweep off your account.

In both, you can lose small, it just depends on whether you spend your funds responsibly or not.
Nobody makes you spend most of your depo in one go both in gambling and trading.
But of course, we should remember that somewhere you can at least minimize your risks with the needed expertise, and in another - lady luck is at the helm fully.
If you think then no issues but from my experience loss is inevitable to occur because they both involves losing one assets, but however for the trading if can be actually control where the trader needs to maintain some specific amount while trading, because in gambling whichever amount you used and stake when loss you automatically have no control of the money and it goes directly to the casino or gambling site. But in trading one can culture or narrow down the amount to lose while trading.

 

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