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Author Topic: Trading is not same thing as Gambling  (Read 34456 times)

Offline DragonF

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Re: Trading is not same thing as Gambling
« Reply #315 on: January 01, 2025, 09:31:18 AM »
Trading requires good knowledge so that one can follow the proper analysis and make good results from his trading.  Gambling requires good predictions to win, but in trading you're guided by your knowledge and experience you have in hitting the market.

Truly, analysis distinguishes between trading and gambling. When proper analysis is performed in trading, the trader will profit from the trade. A trader has a good chance of making money when their analysis is based on statistics. When deciding what to buy and sell, a trader must rely heavily on historical and quantitative data to gain profit.

There is no assurance that a gambler will profit from gambling analysis. Because what ultimately determines the outcome of the game is what transpires in the field, even after a gambler makes predictions based on historical and quantitative data, there is still no guarantee that they will win.

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Re: Trading is not same thing as Gambling
« Reply #315 on: January 01, 2025, 09:31:18 AM »

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Online jeraldskie11

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Re: Trading is not same thing as Gambling
« Reply #316 on: January 01, 2025, 12:19:06 PM »
@Dr.Bitcoin_Strange Your point are just right. Most people do believe that trading is gambling the only scenario trading like gambling is when you don't know what you doing (trading without any proper knowledge). Most newbie thought that trading is all about buying low and selling when the price high they won't bother doing any good research all their aim is looking for coins with high volatility inorder to make quick profits which is wrong and also risky trading not something you just five in without analysing or researching. All you should be concerned on in trading is how to reduce your losses. While gambling depends mainly on pure lucks
Trading requires good knowledge so that one can follow the proper analysis and make good results from his trading.  Gambling requires good predictions to win, but in trading you're guided by your knowledge and experience you have in hitting the market.
Trading is literally different from gambling because it's not the same as poker or casino. You can make analyze the market in trading, you can make a strategy and if it has a high win rate strategy you can guarantee to make a profit. So it's not always a 50/50 game like gambling, if you really have a good strategy you can make trading as business where you just wait for right setup to occur in the market. But in gambling, it's a 50/50 game.

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Re: Trading is not same thing as Gambling
« Reply #316 on: January 01, 2025, 12:19:06 PM »

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Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #317 on: January 01, 2025, 01:00:36 PM »
Trading is literally different from gambling because it's not the same as poker or casino. You can make analyze the market in trading, you can make a strategy and if it has a high win rate strategy you can guarantee to make a profit. So it's not always a 50/50 game like gambling, if you really have a good strategy you can make trading as business where you just wait for right setup to occur in the market. But in gambling, it's a 50/50 game.
You’re right, while trading and gambling shares some very striking similarities, they are also very different in so many ways, you talked about using strategies in trading to ensure profitability, it might also interest you to know that in gambling, using the right strategies while it may not really guarantee wins, it can really help the gambler to at least mitigate the risk of losses while also increasing the chances of winning, unlike one without an effective strategy. The only difference I believe between the both context is that trading can potentially be considered as a good or effective way of making money or a steady income source, while it’s not the same with gambling.

Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #318 on: January 01, 2025, 01:18:52 PM »
@Dr.Bitcoin_Strange Your point are just right. Most people do believe that trading is gambling the only scenario trading like gambling is when you don't know what you doing (trading without any proper knowledge). Most newbie thought that trading is all about buying low and selling when the price high they won't bother doing any good research all their aim is looking for coins with high volatility inorder to make quick profits which is wrong and also risky trading not something you just five in without analysing or researching. All you should be concerned on in trading is how to reduce your losses. While gambling depends mainly on pure lucks
Trading requires good knowledge so that one can follow the proper analysis and make good results from his trading.  Gambling requires good predictions to win, but in trading you're guided by your knowledge and experience you have in hitting the market.
Trading is literally different from gambling because it's not the same as poker or casino. You can make analyze the market in trading, you can make a strategy and if it has a high win rate strategy you can guarantee to make a profit. So it's not always a 50/50 game like gambling, if you really have a good strategy you can make trading as business where you just wait for right setup to occur in the market. But in gambling, it's a 50/50 game.
Speaking literally then it is really just that different when we do speak about gambling and trading on which you can be able to determine about trading and gambling and basing up on how its done. It will really be just that too impossible that you cant be able to point out literally and it will be that impossible that you cant be able to spot out about the differences about risks level in between both things. Trading will really be that only considered as gambling at the time or moment that you wont be applying any analysis into your trading on which its really that necessary that you do really know at least on what you are really that dealing into.

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Re: Trading is not same thing as Gambling
« Reply #319 on: January 01, 2025, 03:38:09 PM »
Trading is not gambling but before having proper risk management.

As we know trader already do their job patiently and emotional less trade while position in market.

If the trader does not have greep on market structure and Tech analysis or fundamental analysis then it's gambling.

Offline gunhell16

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Re: Trading is not same thing as Gambling
« Reply #320 on: January 01, 2025, 04:57:03 PM »
Trading is not gambling but before having proper risk management.

As we know trader already do their job patiently and emotional less trade while position in market.

If the trader does not have greep on market structure and Tech analysis or fundamental analysis then it's gambling.

There are others who believe that when you take a risk in trading, it means you are gambling your funds in trading, which is a wrong concept of analysis that they have made at this point. Trading is not a game, unlike gambling, which is all about games.

In trading, you cannot rely on luck, but you must have knowledge, because without that, you can just gamble like you are in a casino. Trading is really far from gambling because it can be considered your own business.
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Offline Uruhara

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Re: Trading is not same thing as Gambling
« Reply #321 on: January 01, 2025, 06:46:47 PM »
Trading is not gambling but before having proper risk management.

As we know trader already do their job patiently and emotional less trade while position in market.

If the trader does not have greep on market structure and Tech analysis or fundamental analysis then it's gambling.
Many people misunderstand what is called gambling. So nowadays many people think that trading can also be considered gambling. But yeah as you said that Trading is not gambling. And yes, a trader must make good analysis and good risk management when trading so that they don't just speculate without any analysis.

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Re: Trading is not same thing as Gambling
« Reply #321 on: January 01, 2025, 06:46:47 PM »


Online salad daging

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Re: Trading is not same thing as Gambling
« Reply #322 on: January 01, 2025, 07:17:42 PM »
Trading is not gambling but before having proper risk management.

As we know trader already do their job patiently and emotional less trade while position in market.

If the trader does not have greep on market structure and Tech analysis or fundamental analysis then it's gambling.
Many people misunderstand what is called gambling. So nowadays many people think that trading can also be considered gambling. But yeah as you said that Trading is not gambling. And yes, a trader must make good analysis and good risk management when trading so that they don't just speculate without any analysis.
Like futures trading, there are still many people who think that this trading is similar to gambling, but if they understand correctly, they will not say that.
What is clear is that trading requires skills, as you mentioned and this is very important in trading.

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Re: Trading is not same thing as Gambling
« Reply #323 on: January 01, 2025, 10:55:12 PM »
Trading is literally different from gambling because it's not the same as poker or casino. You can make analyze the market in trading, you can make a strategy and if it has a high win rate strategy you can guarantee to make a profit. So it's not always a 50/50 game like gambling, if you really have a good strategy you can make trading as business where you just wait for right setup to occur in the market. But in gambling, it's a 50/50 game.
Indeed. It is totally different, trading is not the same as gambling.
Trading relies on our ability, skills, or knowledge. We must always do analysis in trading to increase the chance to get profits.
Meanwhile in gambling, we sometimes totally don't need analysis. We rely on the luck, so we just play the gambling games easily.
Sure, the chance to win in gambling will be always 50:50 because it mostly depends on the luck only.

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Re: Trading is not same thing as Gambling
« Reply #324 on: January 01, 2025, 11:31:34 PM »
Trading is not gambling but before having proper risk management.

As we know trader already do their job patiently and emotional less trade while position in market.

If the trader does not have greep on market structure and Tech analysis or fundamental analysis then it's gambling.
Many people misunderstand what is called gambling. So nowadays many people think that trading can also be considered gambling. But yeah as you said that Trading is not gambling. And yes, a trader must make good analysis and good risk management when trading so that they don't just speculate without any analysis.
Like futures trading, there are still many people who think that this trading is similar to gambling, but if they understand correctly, they will not say that.
What is clear is that trading requires skills, as you mentioned and this is very important in trading.
Futures trading is not gambling, although the risk is big but if we have knowledge and skills in futures trading we can minimize losses and we can get profit from futures trading.
all depends on each person's ability in trading, if you want a smaller risk you can choose spot trading.

Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #325 on: January 02, 2025, 05:04:59 AM »
@Dr.Bitcoin_Strange Your point are just right. Most people do believe that trading is gambling the only scenario trading like gambling is when you don't know what you doing (trading without any proper knowledge). Most newbie thought that trading is all about buying low and selling when the price high they won't bother doing any good research all their aim is looking for coins with high volatility inorder to make quick profits which is wrong and also risky trading not something you just five in without analysing or researching. All you should be concerned on in trading is how to reduce your losses. While gambling depends mainly on pure lucks
Sorry but sometimes you guys just get this whole gambling and trading mixed up and even make it look like the same thing, I no talking about the last part of your post where you said that all traders should be concerned about is mitigating or reducing their losses and about gambling just being all about luck. Not like what you’ve said is wrong but if you sound this way then you make the both context look just like same thing while you’re actually trying to point out the difference.

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Re: Trading is not same thing as Gambling
« Reply #326 on: January 02, 2025, 05:33:26 PM »
Trading is literally different from gambling because it's not the same as poker or casino. You can make analyze the market in trading, you can make a strategy and if it has a high win rate strategy you can guarantee to make a profit. So it's not always a 50/50 game like gambling, if you really have a good strategy you can make trading as business where you just wait for right setup to occur in the market. But in gambling, it's a 50/50 game.
Indeed. It is totally different, trading is not the same as gambling.
Trading relies on our ability, skills, or knowledge. We must always do analysis in trading to increase the chance to get profits.
Meanwhile in gambling, we sometimes totally don't need analysis. We rely on the luck, so we just play the gambling games easily.
Sure, the chance to win in gambling will be always 50:50 because it mostly depends on the luck only.
In other words, Gambling is based on luck while Trading is based on analysis. Gambling is programmed, it was made by humans, and it was certainly not made to go bankrupt. It is proven that the owner of a gambling site will really make money. Trading, on the other hand, is volatile and someone may manipulate, but he cannot control all the movements in the market. Like Bitcoin, no one can really control the market.

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Re: Trading is not same thing as Gambling
« Reply #327 on: January 02, 2025, 09:09:44 PM »
Like futures trading, there are still many people who think that this trading is similar to gambling, but if they understand correctly, they will not say that.
What is clear is that trading requires skills, as you mentioned and this is very important in trading.
Futures trading is not gambling, although the risk is big but if we have knowledge and skills in futures trading we can minimize losses and we can get profit from futures trading.
all depends on each person's ability in trading, if you want a smaller risk you can choose spot trading.
So that's what I said before...
Only people don't know that futures trading while those who have the profession of trading in futures will understand how important skills are including how they take action and risk management.
Many people are successful in futures trading.
Because I myself do not want to take a lot of risk then have spot trading.

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Re: Trading is not same thing as Gambling
« Reply #328 on: January 02, 2025, 09:23:38 PM »
Trading is literally different from gambling because it's not the same as poker or casino. You can make analyze the market in trading, you can make a strategy and if it has a high win rate strategy you can guarantee to make a profit. So it's not always a 50/50 game like gambling, if you really have a good strategy you can make trading as business where you just wait for right setup to occur in the market. But in gambling, it's a 50/50 game.
Indeed. It is totally different, trading is not the same as gambling.
Trading relies on our ability, skills, or knowledge. We must always do analysis in trading to increase the chance to get profits.
Meanwhile in gambling, we sometimes totally don't need analysis. We rely on the luck, so we just play the gambling games easily.
Sure, the chance to win in gambling will be always 50:50 because it mostly depends on the luck only.
In other words, Gambling is based on luck while Trading is based on analysis. Gambling is programmed, it was made by humans, and it was certainly not made to go bankrupt. It is proven that the owner of a gambling site will really make money. Trading, on the other hand, is volatile and someone may manipulate, but he cannot control all the movements in the market. Like Bitcoin, no one can really control the market.
In trading, it can be manipulated, but it doesn't last long because the market will play its role again. While gambling programs are made by humans so it is unlikely to go bankrupt as you said. In trading we rely on analysis and strategy, while in gambling we only rely on luck. That's why many people go bankrupt because of gambling.

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Re: Trading is not same thing as Gambling
« Reply #329 on: January 02, 2025, 09:30:14 PM »
Let's be pragmatic for those who sees gambling as same thing with trading;
Gambling is always betwixt two opinion, whether it's positive for you as profit or negative to you as losses. This directions cannot be measured to which side it will fall. This has a straight line, which is either in or out, having no certain direction.

The above stated terms has a little similarities with trading as well, but the difference is that trading has tools which with good knowledge on how the tools function, you can determine which direction will yield profits. It also has a tool in which can help secure your profit, when there's profit available, so as to avoid total losses when the market turns around.

Everyone is free with their opinion, but it's so blur when one says gambling is same as trading.
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