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Author Topic: Trading is not same thing as Gambling  (Read 34475 times)

Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #345 on: January 14, 2025, 09:18:50 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.

        -      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.
Everything will really be needing up that TA or FA when you do deal up with trading because this is something that you will be needing up to apply these things because on the time that you arent that applying any analysis in trading then its just that basically gambling. They are both different things and even just using up your own common sense then you will be able to make out some differentiation in between things. You would really be the ones will be needing up to choose on which path you will be taking into. Trading would be only becomes gambling at the moment that you wont be having that application of any analysis and this is something which is really that standard because if you wont be having this kind of consideration or taking then it does give out that kind of different outcome.

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Re: Trading is not same thing as Gambling
« Reply #345 on: January 14, 2025, 09:18:50 AM »

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Re: Trading is not same thing as Gambling
« Reply #346 on: January 27, 2025, 11:58:39 AM »
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.
I also agree with your point of view, trading is far different from gambling, because gamblers does not acquire any knowledge before gambling. but it is important for Traders to acquire knowledge before they start trading because it will serve as their guideline in the world of trading. Gambling rely on luck, and you are putting your money at risk because you don't know whether you may win or you may lose. The reason why some people compare trading with gambling is become your money is at risk and you don't know the outcome of your money. But they are far difference from each other, because the trading knowledge that you will acquired before trading will help you to manage and minimize the risks. Gamblers does not acquire any knowledge before gambling. So they don't have any strategy to prevent them from losing.
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Re: Trading is not same thing as Gambling
« Reply #346 on: January 27, 2025, 11:58:39 AM »

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Re: Trading is not same thing as Gambling
« Reply #347 on: January 27, 2025, 01:02:46 PM »
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.

Trading is where your knowledge can shine.
Gambling - it's when only your luck shines, and risk-management, mostly.

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Re: Trading is not same thing as Gambling
« Reply #348 on: January 27, 2025, 06:00:55 PM »
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.

Trading is where your knowledge can shine.
Gambling - it's when only your luck shines, and risk-management, mostly.
Trading is not like gambling but trading is risky not much like gambling but if someone is involved in future trading then it is definitely risk like gambling. coz a user can lost his full money on gambling and also a user can lost his full money on future trade. both are very attractive because there has opportunity to get rich quickly. that's why every gamblers and future traders go for trade and gambling with intentions of win big
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Re: Trading is not same thing as Gambling
« Reply #349 on: January 27, 2025, 06:05:51 PM »
Trading is not like gambling but trading is risky not much like gambling but if someone is involved in future trading then it is definitely risk like gambling. coz a user can lost his full money on gambling and also a user can lost his full money on future trade. both are very attractive because there has opportunity to get rich quickly. that's why every gamblers and future traders go for trade and gambling with intentions of win big

People do confused risk and gambling together. The real gambling I know is you are trying to risk something you can lose everything later or gain something but in trading, you can't lose everything, your loss is unrealized, it can only be term as loss when you sell your asset in loss but as long as you keep holding it, you are partially protected until the market bounce back.

Even if you are trading futures, I don't see it as gambling, it's trading if you are using stop loss because that can protect you from any loss that can lead to liquidation of your money, there is always difference between gambling and trading for people that are crypto educated and gambling educated.
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Re: Trading is not same thing as Gambling
« Reply #350 on: January 27, 2025, 10:03:04 PM »
Trading and gambling are two different things that one involves luck, the other involves strategy.

In trading, a trader can dream of having a payday through trading as a job, while in gambling you are not sure of having a win in weeks or months. You can't have it as a job, to depend on.

The difference between trading and gambling is clearer, as trading has a long term frame, while for gambling you place a bet, and within a day or two, you are expecting an outcome(short term)

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Re: Trading is not same thing as Gambling
« Reply #351 on: January 28, 2025, 03:57:07 AM »
Everything will really be needing up that TA or FA when you do deal up with trading because this is something that you will be needing up to apply these things because on the time that you arent that applying any analysis in trading then its just that basically gambling. They are both different things and even just using up your own common sense then you will be able to make out some differentiation in between things. You would really be the ones will be needing up to choose on which path you will be taking into. Trading would be only becomes gambling at the moment that you wont be having that application of any analysis and this is something which is really that standard because if you wont be having this kind of consideration or taking then it does give out that kind of different outcome.
That's right, friend. The difference lies in that. And in the end trading is still trading and not gambling. It's just that trading will be like gambling if someone trades without having market analysis skills. It's just like he's betting by guessing which direction the market will go to safety without knowing the reasons either technically or fundamentally. And actually it indicates that someone is trading using a gambling method or relying on luck without any analysis.

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Re: Trading is not same thing as Gambling
« Reply #351 on: January 28, 2025, 03:57:07 AM »


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Re: Trading is not same thing as Gambling
« Reply #352 on: January 28, 2025, 04:10:28 AM »
People do confused risk and gambling together. The real gambling I know is you are trying to risk something you can lose everything later or gain something but in trading, you can't lose everything, your loss is unrealized, it can only be term as loss when you sell your asset in loss but as long as you keep holding it, you are partially protected until the market bounce back.
yeah i do not like the comparison between trading and gambling

yes trading and so does a lot of other investment opportunities have risks but what sets them part from gambling is the percentage of these risks and ways to minimize these risks obviously in gambling the percentage of risks are so much higher and there is almost nothing you can do to avoid it

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Re: Trading is not same thing as Gambling
« Reply #353 on: January 28, 2025, 04:49:40 PM »
People do confused risk and gambling together. The real gambling I know is you are trying to risk something you can lose everything later or gain something but in trading, you can't lose everything, your loss is unrealized, it can only be term as loss when you sell your asset in loss but as long as you keep holding it, you are partially protected until the market bounce back.
yeah i do not like the comparison between trading and gambling

yes trading and so does a lot of other investment opportunities have risks but what sets them part from gambling is the percentage of these risks and ways to minimize these risks obviously in gambling the percentage of risks are so much higher and there is almost nothing you can do to avoid it
I agree with what you said the risk in gambling is higher and we can't avoid it, while in trading we can do research and analysis and use proper risk management. this will minimize our risk in trading in crypto and can maximize the profits we will get.

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Re: Trading is not same thing as Gambling
« Reply #354 on: January 28, 2025, 06:19:33 PM »
People do confused risk and gambling together. The real gambling I know is you are trying to risk something you can lose everything later or gain something but in trading, you can't lose everything, your loss is unrealized, it can only be term as loss when you sell your asset in loss but as long as you keep holding it, you are partially protected until the market bounce back.
yeah i do not like the comparison between trading and gambling

yes trading and so does a lot of other investment opportunities have risks but what sets them part from gambling is the percentage of these risks and ways to minimize these risks obviously in gambling the percentage of risks are so much higher and there is almost nothing you can do to avoid it
I agree with what you said the risk in gambling is higher and we can't avoid it, while in trading we can do research and analysis and use proper risk management. this will minimize our risk in trading in crypto and can maximize the profits we will get.
Yea, trading is skillful, and you can become a professional trader by limiting your losses and make good profit from trading. Gambling is different because you cannot become a professional gambler no matter how hard you try. You will always lose more than you win, and gambling is strictly based on lucky. Traders can say that they have a job but gambling cannot be used as a job because it's for fun.

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Re: Trading is not same thing as Gambling
« Reply #355 on: January 28, 2025, 06:37:55 PM »
I agree with what you said the risk in gambling is higher and we can't avoid it, while in trading we can do research and analysis and use proper risk management. this will minimize our risk in trading in crypto and can maximize the profits we will get.

Trading and gambling carry a high level of risk. The level of risk is determined by the trader or gambler. The trader chooses the level of risk he accepts, whether consciously or unconsciously. A newbie without trading experience is likely to make poor trading decisions, which is where the risk lies.

Gambling is inherently risky. In fact, the longer a gambler spends gambling, the more risk he or she takes on. However, the risk can be managed, and the only control is for the gambler to limit the amount of time and money spent on gambling. 

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Re: Trading is not same thing as Gambling
« Reply #356 on: January 28, 2025, 10:05:02 PM »
Yea, trading is skillful, and you can become a professional trader by limiting your losses and make good profit from trading. Gambling is different because you cannot become a professional gambler no matter how hard you try. You will always lose more than you win, and gambling is strictly based on lucky. Traders can say that they have a job but gambling cannot be used as a job because it's for fun.

In gambling, we can only manage risks better.
In trading, we can manage much more and learn to see the bigger picture. The outcome would not depend only on luck, but on clear metrics and facts.

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Re: Trading is not same thing as Gambling
« Reply #357 on: January 28, 2025, 11:19:00 PM »

In gambling, we can only manage risks better.
In trading, we can manage much more and learn to see the bigger picture. The outcome would not depend only on luck, but on clear metrics and facts.
Yes, gambling is pure on luck and gamblers are advised to avoid as much as possible to avoid thinking or feeling that their victory in gambling depends on their skill or experience while this is different from traders, as they are advised to focus more on conducting their own research in other to be able to know how exactly to be able to navigate the market effectively and also to come up with their own personal strategies that’ll suit their personal financial goals, and this is one very notable difference between the both concepts.

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Re: Trading is not same thing as Gambling
« Reply #358 on: January 29, 2025, 11:56:18 PM »
Yes, gambling is pure on luck and gamblers are advised to avoid as much as possible to avoid thinking or feeling that their victory in gambling depends on their skill or experience while this is different from traders, as they are advised to focus more on conducting their own research in other to be able to know how exactly to be able to navigate the market effectively and also to come up with their own personal strategies that’ll suit their personal financial goals, and this is one very notable difference between the both concepts.
You're right. Most gambling games are based on the luck factor. That's why people assume we have no need much skills or specific ability for certain gambling games. But it is much different with trading that requires specific skills and certain knowledge. We can make it trading the same as gambling because we will end up with losses only if we do it in the same way. So, everyone who want to be real trader, they must focus on learning everything about trading carefully. Because skills and knowledge are the main factor to succeed in trading.


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Re: Trading is not same thing as Gambling
« Reply #359 on: January 30, 2025, 02:49:02 AM »
Although trading and gambling are essentially in the same frame, in gambling you will mainly have both profits and losses and there is no sure guarantee that you will make a profit or not. But in the case of trading, if you invest in a coin during a bear market and you wait until the market correction, then you can definitely guarantee that you will make a profit, which is not possible with gambling. This is the main difference between gambling and trading. Moreover, gambling is largely based on luck, where if you are lucky, you can make a big difference by hitting the jackpot.
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