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Author Topic: Trading is not same thing as Gambling  (Read 34705 times)

Offline doc

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Re: Trading is not same thing as Gambling
« Reply #330 on: January 02, 2025, 10:13:37 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.
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.

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Re: Trading is not same thing as Gambling
« Reply #330 on: January 02, 2025, 10:13:37 PM »

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Online milewilda

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Re: Trading is not same thing as Gambling
« Reply #331 on: January 03, 2025, 05:18:17 AM »
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.
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.
Talking literally then this isnt really that the same and you could be able to identify between the two at the time or moment that you do deal up with these things. Trading could really be only becomes gambling at the moment that you wont really be putting any analysis into it and thats why its really that better that you should really be taking up seriously in terms of analysis and other correlated aspects when it comes to trading. Outcomes and results will definitely be that basing up into the actions that you are making and not really just that so simple into dealing up with trading, We do know that when it comes into this aspect then each person does have its own approach.

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Re: Trading is not same thing as Gambling
« Reply #331 on: January 03, 2025, 05:18:17 AM »

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Offline jeraldskie11

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Re: Trading is not same thing as Gambling
« Reply #332 on: January 03, 2025, 03:43:02 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.
If we think about it, they can manipulate a coin or token but they can't always do it. Why? Because there is not just one manipulator in the market but there are many of them. Whales and Institutions may be the ones manipulating the market so we can say it's a fight between them, retail traders are not involved. Among cryptocurrencies, Bitcoin alone is not easily manipulated because it has the lowest volatility of all cryptocurrencies.

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Re: Trading is not same thing as Gambling
« Reply #333 on: January 05, 2025, 01:05:35 AM »
Most of the time, both online and offline, there has been some argument relating to the title of this thread. Some people think that trading is just based on luck, like the way gambling is basically dependent on how lucky the player can be. In trading, there are some trading tools and parameters that traders use to analyze the market. Despite the fact that the crypto market is quite unpredictable all the time, traders and some market analysts use most of the trading tools to analyze the direction of the market, and that's what gives them the insight to make some predictions that could actually be correct. Some market predictions may not actually be 100%, 90%, or 80% accurate, but in most cases, they could be around 60–70% accurate, and some traders will advise you to make sure you "take profit" where you have met a good sum of profit. It is better to take a profit than to wait for your prediction to actually be 100% of the price you expect to sell.

The crypto market is very dynamic, and despite the fact that crypto enthusiasts cannot actually be 100% accurate about the direction of the market, that doesn't mean that trading should be handled as gambling. As a trader, it's good to keep learning and developing your own personal strategy that can help you win in the market; otherwise, you'll experience more losses than profits.

Also, there are different kinds of trading, such as grid trading, spot trading, forex trading, and futures trading. Those kinds of leveraged trading, such as futures and forex, are a bit more risky than spot trading. Spot trading is what I actually prefer because it is just the normal buying of a coin or token when the price is okay for you, and you can sell after the price spikes a bit and generate little profit for you.

Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
the pronunciation sounds different and means different also,but for me i see it as a means of gamble,they both share same risk,loosing and gaining.
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Re: Trading is not same thing as Gambling
« Reply #334 on: January 06, 2025, 08:59:23 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.

You are very correct, I have been reading some comments on this topics/title, unfortunately many people are still looking at trading as having some similarities with gambling. I found this argument very difficult to agree because Trading is absolutely a business on its own, while gambling is a game of luck, 100% luck.
Trading is completely based on knowledge and experiences of the market. Clearly, gambling is based on two  outcomes, a win or lose. Once you lost on any sport betting, that is the end, but trading is not like betting at all.
For example, let considered trading btc, if a trader take a buy position on the spot option, say Bitcoin at $90k, when filled, you are expected to sell at certain price level, at least $95k depending on individuals rates; the price may either increase or decrease in at certain intervals but not a complete lost of  the capital.
Based on the example, if the price decrease to $85 or even $70k, it does not mean the end of the trade, there are possibility that the price will come back stronger, just a matter of being patient. The amount used in Gambling is gone once you lose the game, simple!

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Re: Trading is not same thing as Gambling
« Reply #335 on: January 06, 2025, 10:33:00 PM »
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Quote
the pronunciation sounds different and means different also,but for me i see it as a means of gamble,they both share same risk,loosing and gaining.

Truly they share same risk of either losing or gaining. But when closely checked, we'll find out that there's more chances of not losing everything when it comes to trading, unlike losing everything in gambling at one attempt. Just as said above, it's your choice to see trading as same thing to gambling, until you personally see the difference practically.

Trading is seen to be different from gambling only by those who puts the effort to learn how to manage their losses in what they venture into online, rather than just dropping money into random luck, without efforts for positive results.
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Re: Trading is not same thing as Gambling
« Reply #336 on: January 07, 2025, 01:54:09 AM »
It is not impossible to get several times the return from investing in some shitcoins due to volatility. There is a possibility of getting several times more due to the hype in some shitcoins. Many people can compare investing in those coins with luck because luck is an important factor in gambling. Many people can also inform those shitcoins as gambling tokens.

But if we observe from a neutral point of view, then gambling and trading are not the same thing. To trade, knowledge is definitely needed. A trader has to have various types of knowledge about trading, but a gambler does not have such pressure. That is why gambling is only informed as a game based on luck.

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Re: Trading is not same thing as Gambling
« Reply #336 on: January 07, 2025, 01:54:09 AM »


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Re: Trading is not same thing as Gambling
« Reply #337 on: January 07, 2025, 03:42:24 AM »
the pronunciation sounds different and means different also,but for me i see it as a means of gamble,they both share same risk,loosing and gaining.
Yeah they both share striking similarities but yet so different in so many ways. While gambling success is majorly based on luck and chances, thereby making success or profitability merely just a probability, the case isn’t the same with trading, with the right strategy, risk management skill and experience, profitability could be guaranteed and one could rely on trading as a source of income which we already know isn’t the same for gambling, because even with an effective strategy, success is still never guaranteed.

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Re: Trading is not same thing as Gambling
« Reply #338 on: January 07, 2025, 05:03:15 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.
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.

        -      If in crypto trading or bitcoin, that's what every trade here will do, the fundamental and technical ones. Because if a trader can't do this, for sure this trader is an obvious gambler who sees trading as just a gambling system.

This is where they often make mistakes, when they think and think that it's just luck in this trading business, when in fact, the concept of crypto trading doesn't move or revolve that way, so it's very important to study crypto trading in this industry.

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Re: Trading is not same thing as Gambling
« Reply #339 on: January 07, 2025, 09:59:21 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.
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.

        -      If in crypto trading or bitcoin, that's what every trade here will do, the fundamental and technical ones. Because if a trader can't do this, for sure this trader is an obvious gambler who sees trading as just a gambling system.

This is where they often make mistakes, when they think and think that it's just luck in this trading business, when in fact, the concept of crypto trading doesn't move or revolve that way, so it's very important to study crypto trading in this industry.
We must be able to do technical and fundamental analysis in trading, and this requires focus and observation in viewing the market and the coins we choose.
We must master the knowledge in trading so that we are not considered a gambler who only relies on luck in trading.

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Re: Trading is not same thing as Gambling
« Reply #340 on: January 07, 2025, 11:15:30 PM »
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.
Gambling that relies on the luck. But sometimes we also need skills/knowledge in gambling. However, it is true that trading is quite different because it can't rely on the luck only. You must have proper knowledge in trading if you want to trade in the right way. If you trade with lack of strategy or less knowledge, it is very possible to end up with a lose only.


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Re: Trading is not same thing as Gambling
« Reply #341 on: January 08, 2025, 04:06:27 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.
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.

        -      If in crypto trading or bitcoin, that's what every trade here will do, the fundamental and technical ones. Because if a trader can't do this, for sure this trader is an obvious gambler who sees trading as just a gambling system.

This is where they often make mistakes, when they think and think that it's just luck in this trading business, when in fact, the concept of crypto trading doesn't move or revolve that way, so it's very important to study crypto trading in this industry.
We must be able to do technical and fundamental analysis in trading, and this requires focus and observation in viewing the market and the coins we choose.
We must master the knowledge in trading so that we are not considered a gambler who only relies on luck in trading.

You are correct on this dude, Because without focus and observation, our technical and fundamental analysis will be ignored for sure in the end. These two are very important substances for our traders. Because if we have them and use them correctly, we will definitely get good and good earnings in trading.

Although, trading is not easy to do, but it is easy to learn, it is just difficult to execute correctly and properly because if the analysis is wrong, do not expect that you will get a profit, but if the analysis is right because you are 100% focused and your observation is right, for sure the result will also be good.
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Re: Trading is not same thing as Gambling
« Reply #342 on: January 08, 2025, 05:46:49 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.
Gambling is not the same as trading, because in trading there is knowledge that we need to do fundamental and technical analysis, read charts and create strategies.
while in trading only rely on luck and habits without clear knowledge.
Two different things but often obscured by people in distinguishing the two and considered the same.
With the points you have mentioned, it can be said that gambling and trading are not the same.  Of course there is a big difference between gambling and trading but when you see an addicted gambler and an addicted future trader you cannot easily tell them apart because their behavior is almost the same.  This is why Leverage Trading and Gambling are sometimes called the same thing.  But of course these two things are different
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Re: Trading is not same thing as Gambling
« Reply #343 on: January 08, 2025, 10:21:02 PM »

With the points you have mentioned, it can be said that gambling and trading are not the same.  Of course there is a big difference between gambling and trading but when you see an addicted gambler and an addicted future trader you cannot easily tell them apart because their behavior is almost the same.  This is why Leverage Trading and Gambling are sometimes called the same thing.  But of course these two things are different
Both are different even though when addicted they look the same. Trading requires knowledge and skills in making analysis and strategies while gambling only relies on experience and luck. Sometimes because of addiction in trading people think they only rely on luck when in fact in trading we have to make analysis and read price movements in the crypto market.
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Re: Trading is not same thing as Gambling
« Reply #344 on: January 12, 2025, 09:51:10 PM »
With the points you have mentioned, it can be said that gambling and trading are not the same.  Of course there is a big difference between gambling and trading but when you see an addicted gambler and an addicted future trader you cannot easily tell them apart because their behavior is almost the same.  This is why Leverage Trading and Gambling are sometimes called the same thing.  But of course these two things are different
Of course, gambling and trading are different. We know gambling mostly relies on the luck, but trading relies on the knowledge. In my opinion, gambling is about playing game, that's why many people can get addiction. It is different with trading, it is not about playing game. So, I rarely heard that people get addiction in trading. Trading is a serious matter, and how to succeed in trading can be learned. Improving the knowledge and experience are 2 keys to succeed in trading.


 

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