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Author Topic: Trading is not same thing as Gambling  (Read 34540 times)

Offline taufik123

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Re: Trading is not same thing as Gambling
« Reply #255 on: November 24, 2024, 08:15:18 PM »
-snip-
In trading we do not only guess the price and if we only guess without doing analysis, it is like gambling. I agree with what you said.
This is like what many beginners do, only guessing the price on Futures trading because the instrument is the same as gambling, only the platform is different and the original Gambling is more extreme and everything has been regulated by the gambling system.

If futures trading depends on supply and demand, so no one regulates completely.

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Re: Trading is not same thing as Gambling
« Reply #255 on: November 24, 2024, 08:15:18 PM »

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Offline lombok

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Re: Trading is not same thing as Gambling
« Reply #256 on: November 25, 2024, 09:36:36 PM »
trading requires proper analysis in order to get maximum profit. While gambling only relies on luck, so in my opinion two different things. In trading we do not only guess the price and if we only guess without doing analysis, it is like gambling. I agree with what you said.
In fact, trading is much more dependent on correct analysis and information management skills than is gambling. Similarly in trading we collect data and learn market patterns so that we can take more rational decision. Without good analysis, the risks we fear become much greater, and can lead to unnecessary losses. As a result, we should always try to develop better analytical skills to be able to make better decisions.

To trade and make profit, you must know and understand the market, not just crypto guessing. If we continue to sharpen our analytical skills through practise, soon we will be better at making market moves as accurately as possible. The more stable results we get, are the results we get when we rely on the process, not just luck.

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Re: Trading is not same thing as Gambling
« Reply #256 on: November 25, 2024, 09:36:36 PM »

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Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #257 on: November 26, 2024, 09:01:20 AM »
-snip-
In trading we do not only guess the price and if we only guess without doing analysis, it is like gambling. I agree with what you said.
This is like what many beginners do, only guessing the price on Futures trading because the instrument is the same as gambling, only the platform is different and the original Gambling is more extreme and everything has been regulated by the gambling system.

If futures trading depends on supply and demand, so no one regulates completely.
One of the biggest mistake when it comes to begginner is that they do dive in with futures without having that knowledge or zero knowledge when it comes to spot trading. Come to think that  even into those people or traders who have been here on this market for a while now on which they do even messed up with futures trading. How much more into those zero knowledge?
You will really be having some realizations on the moment or time that you will really be able to step your foot into this market and made out some messy trades. On the moment that you will really be applying that gambler like kind of thing when it comes into your trading then it will really be that ending up on disaster.

Offline legend45

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Re: Trading is not same thing as Gambling
« Reply #258 on: November 26, 2024, 08:10:53 PM »

One of the biggest mistake when it comes to begginner is that they do dive in with futures without having that knowledge or zero knowledge when it comes to spot trading. Come to think that  even into those people or traders who have been here on this market for a while now on which they do even messed up with futures trading. How much more into those zero knowledge?
You will really be having some realizations on the moment or time that you will really be able to step your foot into this market and made out some messy trades. On the moment that you will really be applying that gambler like kind of thing when it comes into your trading then it will really be that ending up on disaster.
Futures trading is very difficult, if we do not have experience we should choose sopt trading. because we must have skills in trading and as many people say futures trading if we do not have skills and experience is like gambling. And we will lose our money if we force to do futures trading without experience.
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Offline taufik123

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Re: Trading is not same thing as Gambling
« Reply #259 on: November 27, 2024, 09:54:26 PM »
-snip-
You will really be having some realizations on the moment or time that you will really be able to step your foot into this market and made out some messy trades. On the moment that you will really be applying that gambler like kind of thing when it comes into your trading then it will really be that ending up on disaster.
and they don't even know anything about trading and just enter according to other people's directions or just want to try, in the end they will only lose their money.

Seeing so many beginners who come with trust capital alone without any trading knowledge, it is very sad because they are only betting with their money which will only eventually be lost.
Trading is not easy, it requires technical and fundamental analysis as well as the ability to manage their psychology.

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Re: Trading is not same thing as Gambling
« Reply #260 on: November 27, 2024, 10:55:51 PM »
Futures trading is very difficult, if we do not have experience we should choose sopt trading. because we must have skills in trading and as many people say futures trading if we do not have skills and experience is like gambling. And we will lose our money if we force to do futures trading without experience.
Future trading is for experienced traders only, it is not for average and newbie traders. If it is very difficult for you, you don't need to force yourself for trading future. It is better to focus on spot trading, it is even safer than future trading. Sure, we must have skills in trading, it requires for both spot and future. But future has bigger risk, we can lose all money if we carelessly trade in future. So if you are not sure for trading future, kindly avoid it!!


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Re: Trading is not same thing as Gambling
« Reply #261 on: November 28, 2024, 05:18:31 AM »
Future trading is for experienced traders only, it is not for average and newbie traders. If it is very difficult for you, you don't need to force yourself for trading future. It is better to focus on spot trading, it is even safer than future trading. Sure, we must have skills in trading, it requires for both spot and future. But future has bigger risk, we can lose all money if we carelessly trade in future. So if you are not sure for trading future, kindly avoid it!!
Between future trading and spot trading, I prefer spot trading more. I don't want to put my money at risk by trading futures, so I always prefer spot trading. Everyone can do spot trading because there is no risk here. Those who are new can learn spot trading with a small amount of money. Future trading is not for everyone because just as you can get a lot of profit from future trading in a very short time, you can also lose all your money in a short time, so I try to avoid future trading. If future trading is easy for those who are experienced in future trading, it is much more difficult for everyone else.

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Re: Trading is not same thing as Gambling
« Reply #261 on: November 28, 2024, 05:18:31 AM »


Offline TomPluz

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Re: Trading is not same thing as Gambling
« Reply #262 on: November 28, 2024, 05:51:17 AM »
Between future trading and spot trading, I prefer spot trading more. I don't want to put my money at risk by trading futures, so I always prefer spot trading. Everyone can do spot trading because there is no risk here. Those who are new can learn spot trading with a small amount of money.

Getting into future trading may require specialized skills and only experienced professionals should be doing it all because of the greater risks involved. Well, I even find spot trading to be difficult so I know spot trading is not for me. And getting it without right preparations can be just another form of gambling where losses can be accumulated quickly. While trading can be one of the best ways to greater wealth, it is risks we have to be concerned about and they should be minimized while maximizing profits.


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Re: Trading is not same thing as Gambling
« Reply #263 on: November 28, 2024, 07:50:15 AM »
-snip-
In trading we do not only guess the price and if we only guess without doing analysis, it is like gambling. I agree with what you said.
This is like what many beginners do, only guessing the price on Futures trading because the instrument is the same as gambling, only the platform is different and the original Gambling is more extreme and everything has been regulated by the gambling system.

If futures trading depends on supply and demand, so no one regulates completely.
therefore gambling does not require a lot of knowledge, it is not even needed so they can easily guess without the need for knowledge and gambling systems and luck... unlike trading, crypto trading really requires a lot of knowledge so it is easy to determine when we will buy and sell so as not to cause fear in trading and minimize the risk of loss and even get big profits.

Offline taufik123

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Re: Trading is not same thing as Gambling
« Reply #264 on: November 28, 2024, 10:12:08 AM »
therefore gambling does not require a lot of knowledge, it is not even needed so they can easily guess without the need for knowledge and gambling systems and luck... unlike trading, crypto trading really requires a lot of knowledge so it is easy to determine when we will buy and sell so as not to cause fear in trading and minimize the risk of loss and even get big profits.
Trading is also not only about technical and fundamental analysis knowledge, but psychology is also something that must be controlled.
Without a stable psychology, decision-making is not in accordance with the initial strategy.

Sometimes people who panic too much will make a careless decision by selling their coin holdings at a low price because they see the price continue to fall.

In a crucial moment like this, it is necessary to be mentally stable so that you do not take stupid actions by making a cutloss,
unless you have set a stop loss.

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Re: Trading is not same thing as Gambling
« Reply #265 on: November 28, 2024, 10:12:25 AM »

therefore gambling does not require a lot of knowledge, it is not even needed so they can easily guess without the need for knowledge and gambling systems and luck... unlike trading, crypto trading really requires a lot of knowledge so it is easy to determine when we will buy and sell so as not to cause fear in trading and minimize the risk of loss and even get big profits.
I agree with you in trading requires knowledge and experience. In addition, it requires good emotional management because there are often bad emotions during trading.
For example, fear and greed and this is also very disturbing for a trader to be able to make the right decision.
While gambling does not require knowledge but only requires luck and courage.
I do not really understand gambling, because I am not a gambler.
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Re: Trading is not same thing as Gambling
« Reply #266 on: November 28, 2024, 05:40:06 PM »
Trading is not gambling but a skill that involves risking money, which can lead to either high profits or massive financial losses. Whichever strategy you adopt, it can be difficult to protect your capital from short-term trading risks, so you should initially strive to get a holding and only then can you get the potential for high profits when you are able to choose the right currency and to do so, you have to rely on market analysis and your own experience.
It is very true what you say, sometimes when you do futures trading or in general many people do futures trading things are different, some see it as if they were bets, games of chance because the short-term market looks very volatile and suddenly they say it will go up or it will go down and it may or may not do so, but that is because the market despite everything has very fast negotiations, transactions at 1 minute 30 seconds and so on things can become more volatile, in this case I would say that you have to know how to do this type of trading so that trading is not confused with gambling.
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Re: Trading is not same thing as Gambling
« Reply #267 on: November 28, 2024, 10:45:25 PM »
Trading is not gambling but a skill that involves risking money, which can lead to either high profits or massive financial losses. Whichever strategy you adopt, it can be difficult to protect your capital from short-term trading risks, so you should initially strive to get a holding and only then can you get the potential for high profits when you are able to choose the right currency and to do so, you have to rely on market analysis and your own experience.
It is very true what you say, sometimes when you do futures trading or in general many people do futures trading things are different, some see it as if they were bets, games of chance because the short-term market looks very volatile and suddenly they say it will go up or it will go down and it may or may not do so, but that is because the market despite everything has very fast negotiations, transactions at 1 minute 30 seconds and so on things can become more volatile, in this case I would say that you have to know how to do this type of trading so that trading is not confused with gambling.
futures trading is very difficult for me, I have tried it several times and failed. That's why I focus more on spot trading, because it suits my ability to make analysis and predictions.
trading according to those who do not have the knowledge and experience there may consider it a gamble. because honestly it is indeed difficult to be able to do it and succeed.

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Re: Trading is not same thing as Gambling
« Reply #268 on: November 28, 2024, 11:36:16 PM »
Between future trading and spot trading, I prefer spot trading more. I don't want to put my money at risk by trading futures, so I always prefer spot trading. Everyone can do spot trading because there is no risk here. Those who are new can learn spot trading with a small amount of money. Future trading is not for everyone because just as you can get a lot of profit from future trading in a very short time, you can also lose all your money in a short time, so I try to avoid future trading. If future trading is easy for those who are experienced in future trading, it is much more difficult for everyone else.
I also prefer spot trading, it is much safer for me. Yes, future trading is riskier for our money, we may lose of all our money. Future trading is for professional only, but spot trading is for everyone who has knowledge of crypto trading. Even a newbie can be quite safe if he/she begins in spot trading. Moreover if we use small money, it is very safe in spot trading. But we don't expect to gain huge profits if we use small funds. For future trading, we must be very careful and we must know it very well. The nature of spot trading and future trading are not the same, that's why we don't carelessly join future trading.


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Re: Trading is not same thing as Gambling
« Reply #269 on: November 29, 2024, 05:22:56 AM »
Trading is not gambling but a skill that involves risking money, which can lead to either high profits or massive financial losses. Whichever strategy you adopt, it can be difficult to protect your capital from short-term trading risks, so you should initially strive to get a holding and only then can you get the potential for high profits when you are able to choose the right currency and to do so, you have to rely on market analysis and your own experience.
It is very true what you say, sometimes when you do futures trading or in general many people do futures trading things are different, some see it as if they were bets, games of chance because the short-term market looks very volatile and suddenly they say it will go up or it will go down and it may or may not do so, but that is because the market despite everything has very fast negotiations, transactions at 1 minute 30 seconds and so on things can become more volatile, in this case I would say that you have to know how to do this type of trading so that trading is not confused with gambling.
futures trading is very difficult for me, I have tried it several times and failed. That's why I focus more on spot trading, because it suits my ability to make analysis and predictions.
trading according to those who do not have the knowledge and experience there may consider it a gamble. because honestly it is indeed difficult to be able to do it and succeed.
I think futures trading is not for everyone but for those who have good experience in trading. Many have lost all their money while doing futures trading and many have gained a lot of money from futures trading. I think futures trading depends on luck. If someone has bad luck, he will lose all his money in a very short time and become destitute. Similarly, if someone has good luck, he will be able to gain a huge amount of money in a very short time.

 

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