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Author Topic: Trading is not same thing as Gambling  (Read 34555 times)

Offline rizqillah

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Re: Trading is not same thing as Gambling
« Reply #270 on: November 29, 2024, 10:52:37 PM »

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.
Futures trading is very difficult, in my opinion. If you say futures trading depends on luck, this is true because I tried it several times and always lost. That's why I focus more on scalping when the market is rising to get a little profit.

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Re: Trading is not same thing as Gambling
« Reply #270 on: November 29, 2024, 10:52:37 PM »

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Re: Trading is not same thing as Gambling
« Reply #271 on: December 02, 2024, 03:29:59 AM »
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.

Not only that, but futures trading is like that, it's a bit complicated, but you shouldn't give up, you have to keep going giving it your all, learning, seeing each thing, each pattern, each movement and each thing that can help us to have good results is welcome, in the futures market everything is at another level, other fundamentals are met, other things, which in general are not met in the long term, that's very normal, they are different time frames, but even so I would recommend that when you do futures trading you try it in demo mode first.
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Re: Trading is not same thing as Gambling
« Reply #271 on: December 02, 2024, 03:29:59 AM »

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Offline debra

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Re: Trading is not same thing as Gambling
« Reply #272 on: December 04, 2024, 09:40:21 PM »
Not only that, but futures trading is like that, it's a bit complicated, but you shouldn't give up, you have to keep going giving it your all, learning, seeing each thing, each pattern, each movement and each thing that can help us to have good results is welcome, in the futures market everything is at another level, other fundamentals are met, other things, which in general are not met in the long term, that's very normal, they are different time frames, but even so I would recommend that when you do futures trading you try it in demo mode first.
If he seems not comfortable with future trading, it is better to focus on spot trading. It is not a must to trade in future, it is not the only way to gain money in future. There are many people who only focus on spot trading because it is safer for them. I am also focusing on spot trading only because I don't want to take the big risk in future. Using demo won't help much because it is not very similar with the real future trading. If you use demo, you will never lose your money.  :D


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Re: Trading is not same thing as Gambling
« Reply #273 on: December 04, 2024, 09:44:44 PM »
Trading is not gambling, even though if they seem to appear to have a similarity in so many ways, there is still a way in which we can use to make their difference known, when others are making the mistake, then we should be able to correct them from such because you cannot compare trading to gambling, one of having fun and being entertained while the other is an investment whereby we earn form.

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Re: Trading is not same thing as Gambling
« Reply #274 on: December 05, 2024, 09:03:13 AM »
Trading is not gambling, even though if they seem to appear to have a similarity in so many ways, there is still a way in which we can use to make their difference known, when others are making the mistake, then we should be able to correct them from such because you cannot compare trading to gambling, one of having fun and being entertained while the other is an investment whereby we earn form.

We cannot consider trading and gambling as one. There are many differences between trading and gambling. To win in gambling, luck is needed. If someone has bad luck, he will never be able to win by gambling. To make a profit by trading, experience and skill are definitely needed. If someone has good experience in trading, then a person can easily earn money from trading. So we cannot consider these two to be the same. There are many differences between the two that we need to keep in mind. There is no possibility of a person losing all his money by trading, but if someone becomes addicted to gambling, there is a risk of losing all his money.

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Re: Trading is not same thing as Gambling
« Reply #275 on: December 05, 2024, 09:44:21 PM »
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.
Futures trading is violent because we have the result Quickly and we Decide whether to continue or not, Usually we are people who do not give up , what happens is that the money is degenerated little by little each time you lose and if you lose more than you win, then that's what we bring, but that is an activity that is learned every day and We should not give up ,  if we lose a lot , we Should change the strategy, see better things to apply, any type of indicator always Teaches us when we have a good vision of the market and that is the best that adapts to the way the market Develops.

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Re: Trading is not same thing as Gambling
« Reply #276 on: December 06, 2024, 07:25:44 PM »
Trading is not gambling, even though if they seem to appear to have a similarity in so many ways, there is still a way in which we can use to make their difference known, when others are making the mistake, then we should be able to correct them from such because you cannot compare trading to gambling, one of having fun and being entertained while the other is an investment whereby we earn form.
What similarity you refer to? Is it about the chance to earn money?
Gambling mostly depends on the luck, meanwhile trading will depend on the skills or knowledge. There is a big difference between trading and gambling. Sure, it is better to not compare trading and gambling because they are actually different. However, for the people who trade in careless way or trade with zero knowledge, they seem like gambling in trading.

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Altcoins Talks - Cryptocurrency Forum

Re: Trading is not same thing as Gambling
« Reply #276 on: December 06, 2024, 07:25:44 PM »


Offline Mr. Magkaisa

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Re: Trading is not same thing as Gambling
« Reply #277 on: December 07, 2024, 06:48:10 AM »

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.
Futures trading is very difficult, in my opinion. If you say futures trading depends on luck, this is true because I tried it several times and always lost. That's why I focus more on scalping when the market is rising to get a little profit.

          -      Futures trading is a very stressful activity for traders who are going to try it, especially if you are not that experienced in futures trading, it will give you a headache that can even lead to loss control in your emotions.

However, if you master the moves and the right strategy because you know how to read the trading chart correctly and use the strategy, you will definitely enjoy getting a profit anytime you want.

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Re: Trading is not same thing as Gambling
« Reply #278 on: December 07, 2024, 12:17:13 PM »
Trading is not the same as gambling, we must be able to identify our the thin line that differentiates them from each other, when we are gambling, we are on the expectation of having fun and being entertained with the use of our money playing games and bets, but when we are trading, we have the intention of exchanging currency pairs against each other for the purpose of making more money.

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Re: Trading is not same thing as Gambling
« Reply #279 on: December 07, 2024, 05:23:22 PM »
Trading is not the same as gambling, we must be able to identify our the thin line that differentiates them from each other, when we are gambling, we are on the expectation of having fun and being entertained with the use of our money playing games and bets, but when we are trading, we have the intention of exchanging currency pairs against each other for the purpose of making more money.
Gambling is a matter of chances and some other call it luck. You can only tell that trading is gambling if you don't have plan, you are just buying anywhere you think the price will go without analysis. But if you have trading plan, with a proper risk management, you can't call it anymore a gambling. You can now call it business especially if you can prove to yourself that you can make money with it.

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Re: Trading is not same thing as Gambling
« Reply #280 on: December 07, 2024, 08:49:28 PM »
Trading is not the same as gambling, we must be able to identify our the thin line that differentiates them from each other, when we are gambling, we are on the expectation of having fun and being entertained with the use of our money playing games and bets, but when we are trading, we have the intention of exchanging currency pairs against each other for the purpose of making more money.
Gambling is a matter of chances and some other call it luck. You can only tell that trading is gambling if you don't have plan, you are just buying anywhere you think the price will go without analysis. But if you have trading plan, with a proper risk management, you can't call it anymore a gambling. You can now call it business especially if you can prove to yourself that you can make money with it.
In my opinion, trading in crypto is a business, because in trading we must have knowledge, experience and also have a plan and strategy in order to maximize the profits we get. luck will be there but it is not the main factor for a trader. While for a gambler will always rely on luck because they are not based on analysis.
Trading requires expertise in making strategies, reading charts and seeing market trends.

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Re: Trading is not same thing as Gambling
« Reply #281 on: December 07, 2024, 09:28:05 PM »
Trading is not gambling, even though if they seem to appear to have a similarity in so many ways, there is still a way in which we can use to make their difference known, when others are making the mistake, then we should be able to correct them from such because you cannot compare trading to gambling, one of having fun and being entertained while the other is an investment whereby we earn form.
Agree, actually it can be simpler that profit loss in gambling depends on our luck and profit loss in trading depends on our trading knowledge. So trading should never be considered gambling. Gambling can make people suddenly rich and suddenly poor, but those who have trading experience can make a lot of money by trading. On the other hand, trading requires a lot of effort but gambling does not require any effort. There is no alternative to practicing trading to make a profit in crypto.

Offline debra

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Re: Trading is not same thing as Gambling
« Reply #282 on: December 07, 2024, 11:59:02 PM »
In my opinion, trading in crypto is a business, because in trading we must have knowledge, experience and also have a plan and strategy in order to maximize the profits we get.
Of course, trading is a business.  :D
Yes, trading requires proper knowledge. It is the basic thing that we need in trading.
Experience is another factor that helps us in trading. This will be obtained along with the increase of our trading activities.
We can make a plan and strategy if we have enough knowledge and experience.

luck will be there but it is not the main factor for a trader. While for a gambler will always rely on luck because they are not based on analysis.
Although there is a luck factor but it won't be influenced much in trading. The luck factor is mostly influenced in gambling. Since trading is different than gambling, we don't too count the luck factor.


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Re: Trading is not same thing as Gambling
« Reply #283 on: December 08, 2024, 03:05:57 PM »
Trading is not gambling, even though if they seem to appear to have a similarity in so many ways, there is still a way in which we can use to make their difference known, when others are making the mistake, then we should be able to correct them from such because you cannot compare trading to gambling, one of having fun and being entertained while the other is an investment whereby we earn form.
Agree, actually it can be simpler that profit loss in gambling depends on our luck and profit loss in trading depends on our trading knowledge. So trading should never be considered gambling. Gambling can make people suddenly rich and suddenly poor, but those who have trading experience can make a lot of money by trading. On the other hand, trading requires a lot of effort but gambling does not require any effort. There is no alternative to practicing trading to make a profit in crypto.
actually gambling should be avoided because it only depends on luck. And that is not good if we do not want to lose our money.
while trading relies on experience and expertise, clearly two different things. In trading we can always practice honing our skills in order to become a professional trader.

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Re: Trading is not same thing as Gambling
« Reply #284 on: December 08, 2024, 03:50:09 PM »
actually gambling should be avoided because it only depends on luck. And that is not good if we do not want to lose our money.
while trading relies on experience and expertise, clearly two different things. In trading we can always practice honing our skills in order to become a professional trader.
Totally agree, gambling is very detrimental to us. We will never be successful from gambling, because every time we win we have lost repeatedly.
But in crypto trading it is certainly different, if we are good at choosing good coins then we will get big profits.
However, many lay people say that crypto trading is the same as gambling, because the fluctuations in crypto prices can change very quickly.

 

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