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Author Topic: Trading is not same thing as Gambling  (Read 34666 times)

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Re: Trading is not same thing as Gambling
« Reply #405 on: March 13, 2025, 07:18:31 PM »

trading is not a game because in trading it takes knowledge and experience. we must be able to make analysis and develop strategies and also predict market movements in order to gain profit. If trading without the right knowledge, it is just gambling that will bring losses.
You are absolutely right, but most people who are entering the world of trading do not see it that way, but quite the opposite, after they take the blows from the system is when they begin to educate themselves on how to operate, I think that most people experience that, trading can have many stages, even the most knowledgeable person if they make a serious mistake some may become disappointed and do nothing more, so you should not give up, you have to learn and mature all the knowledge you acquire.
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Re: Trading is not same thing as Gambling
« Reply #405 on: March 13, 2025, 07:18:31 PM »

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Re: Trading is not same thing as Gambling
« Reply #406 on: March 13, 2025, 08:23:49 PM »

trading is not a game because in trading it takes knowledge and experience. we must be able to make analysis and develop strategies and also predict market movements in order to gain profit. If trading without the right knowledge, it is just gambling that will bring losses.
You are absolutely right, but most people who are entering the world of trading do not see it that way, but quite the opposite, after they take the blows from the system is when they begin to educate themselves on how to operate, I think that most people experience that, trading can have many stages, even the most knowledgeable person if they make a serious mistake some may become disappointed and do nothing more, so you should not give up, you have to learn and mature all the knowledge you acquire.
When you are still a noob, then you would definitely be trying out to make yourself that be impulsive into the actions that you are really that trying out to deal on with. We do know that on the time that you will really be able to gain up experience then you will be definitely be having that confidence in regarding into the actions and thats something an inevitable thing for you. We do know that on the moment that we are already having that knowledge then we do become that confident and this is something that you would really be needing up to consider. So therefore, it will be the things on what most people be encountering on which they will really be that firstly be that impulsive then we do become able to adjust.

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Re: Trading is not same thing as Gambling
« Reply #406 on: March 13, 2025, 08:23:49 PM »

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Re: Trading is not same thing as Gambling
« Reply #407 on: March 13, 2025, 08:37:20 PM »
You are absolutely right, but most people who are entering the world of trading do not see it that way, but quite the opposite, after they take the blows from the system is when they begin to educate themselves on how to operate, I think that most people experience that, trading can have many stages, even the most knowledgeable person if they make a serious mistake some may become disappointed and do nothing more, so you should not give up, you have to learn and mature all the knowledge you acquire.

I was looking at a tweet share about one guy that was showing his trading ways and he was doing futures, he did it and made good amount of money and that was a result of the bullrun but it end everything after the coin pump because it's easy and you can get luck to get them but to manage and keep your money as a trader, you need to have the knowledge enough to manage the money.

Gambling is gambling and trading will always be what it's, you need technical and fundamental analysis to make money from trading, I don't think there is anything like gambling tutorials or a skill to make the money you want from gambling.
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Offline dekafee79

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Re: Trading is not same thing as Gambling
« Reply #408 on: March 13, 2025, 09:54:42 PM »

When you are still a noob, then you would definitely be trying out to make yourself that be impulsive into the actions that you are really that trying out to deal on with. We do know that on the time that you will really be able to gain up experience then you will be definitely be having that confidence in regarding into the actions and thats something an inevitable thing for you. We do know that on the moment that we are already having that knowledge then we do become that confident and this is something that you would really be needing up to consider. So therefore, it will be the things on what most people be encountering on which they will really be that firstly be that impulsive then we do become able to adjust.
for a newbie in trading should seek knowledge, because as you said with knowledge and experience they can be more confident.
The actions taken will be more appropriate because they are based on analysis.
Trading takes time to become an expert.

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Re: Trading is not same thing as Gambling
« Reply #409 on: March 13, 2025, 11:57:27 PM »
for a newbie in trading should seek knowledge, because as you said with knowledge and experience they can be more confident.
The actions taken will be more appropriate because they are based on analysis.
Trading takes time to become an expert.
Yuppp, without knowledge, it's the same as gambling, because you just enter data and set targets. and it's very high risk, especially since it's trading, what if you lose? Usually you can only blame crypto, even though you yourself are the one who really has no preparation for trading, only FOMO capital and following trends or other people's success. While the process to be successful in trading is really complex, there is a process, and this affects the results of the efforts made in trading.

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Re: Trading is not same thing as Gambling
« Reply #410 on: March 14, 2025, 07:12:49 PM »

trading is not a game because in trading it takes knowledge and experience. we must be able to make analysis and develop strategies and also predict market movements in order to gain profit. If trading without the right knowledge, it is just gambling that will bring losses.
You are absolutely right, but most people who are entering the world of trading do not see it that way, but quite the opposite, after they take the blows from the system is when they begin to educate themselves on how to operate, I think that most people experience that, trading can have many stages, even the most knowledgeable person if they make a serious mistake some may become disappointed and do nothing more, so you should not give up, you have to learn and mature all the knowledge you acquire.
Trading is a skill which is acquired gradually with all seriousness and commitment. As time passes on, you will improve in it through practice and become a professional in it. However, it's not everyone that will finally succeed to be a professional traders, because it is emotional. If you cannot control your emotions and avoid greed, you might end up being a gambler instead of a trader.

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Re: Trading is not same thing as Gambling
« Reply #411 on: March 14, 2025, 08:43:38 PM »

Trading is a skill which is acquired gradually with all seriousness and commitment. As time passes on, you will improve in it through practice and become a professional in it. However, it's not everyone that will finally succeed to be a professional traders, because it is emotional. If you cannot control your emotions and avoid greed, you might end up being a gambler instead of a trader.
Agreed, trading is a skill that is acquired gradually by always practicing and seeking experience. Although we are not necessarily professional traders, but with the experience we have, if we can get more profit than loss, that is a good thing.
because becoming a professional trader is not easy. We must have good skills.

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Re: Trading is not same thing as Gambling
« Reply #411 on: March 14, 2025, 08:43:38 PM »


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Re: Trading is not same thing as Gambling
« Reply #412 on: March 15, 2025, 12:30:39 AM »

Trading is a skill which is acquired gradually with all seriousness and commitment. As time passes on, you will improve in it through practice and become a professional in it. However, it's not everyone that will finally succeed to be a professional traders, because it is emotional. If you cannot control your emotions and avoid greed, you might end up being a gambler instead of a trader.
That's right, in fact experience helps a lot, the player will have previously experienced multiple things from which he will have learned a lot, he will even have learned new tricks to make his game more profitable, however for me everything focuses on money, on the way risk is taken and how many ways can be generated to avoid certain losses that leave the trader almost without money, that's why for me trading is considered a professional career where you learn something new every day.
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Re: Trading is not same thing as Gambling
« Reply #413 on: March 15, 2025, 04:32:41 AM »
Agreed, trading is a skill that is acquired gradually by always practicing and seeking experience. Although we are not necessarily professional traders, but with the experience we have, if we can get more profit than loss, that is a good thing.
because becoming a professional trader is not easy. We must have good skills.
Skills are important, but not as important as a clear strategy and effective capital management. Traders often have wrong predictions that account for 70% and only 30% are correct, but they still make profits thanks to good capital management to limit losses and maximize profits.

Newbies often can't have those skills, they just want to find a holy trading method that brings them profits. They don't want to practice and use capital as if they were entering a casino.
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Re: Trading is not same thing as Gambling
« Reply #414 on: March 15, 2025, 05:37:57 PM »

Skills are important, but not as important as a clear strategy and effective capital management. Traders often have wrong predictions that account for 70% and only 30% are correct, but they still make profits thanks to good capital management to limit losses and maximize profits.

Newbies often can't have those skills, they just want to find a holy trading method that brings them profits. They don't want to practice and use capital as if they were entering a casino.
capital management is something important, because in trading we must be able to manage it. but for newbies they do not learn this, because they only want how to get rich quickly? whereas in learning trading requires experience and it takes a long time to become a professional.

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Re: Trading is not same thing as Gambling
« Reply #415 on: March 15, 2025, 06:27:37 PM »

Skills are important, but not as important as a clear strategy and effective capital management. Traders often have wrong predictions that account for 70% and only 30% are correct, but they still make profits thanks to good capital management to limit losses and maximize profits.

Newbies often can't have those skills, they just want to find a holy trading method that brings them profits. They don't want to practice and use capital as if they were entering a casino.
capital management is something important, because in trading we must be able to manage it. but for newbies they do not learn this, because they only want how to get rich quickly? whereas in learning trading requires experience and it takes a long time to become a professional.
Many newbies don’t know how to manage their capital cause many don’t have mentor or teachers to put them through. Many just thinks trading is about placing a buy and sell order which isn’t like that. Having better understanding of the market and learning about the market will give you more confidence and more probability of success in trading. Knowledge is the best tool for trading not only trading but most aspect of life.  Risk management and capital management is a perfect key to stay in the game cause it keep you motivated when you see your capital not swept. And it gives you the consistency mood to trade each time and believe in your strategy.
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Re: Trading is not same thing as Gambling
« Reply #416 on: March 15, 2025, 10:35:54 PM »

When you are still a noob, then you would definitely be trying out to make yourself that be impulsive into the actions that you are really that trying out to deal on with. We do know that on the time that you will really be able to gain up experience then you will be definitely be having that confidence in regarding into the actions and thats something an inevitable thing for you. We do know that on the moment that we are already having that knowledge then we do become that confident and this is something that you would really be needing up to consider. So therefore, it will be the things on what most people be encountering on which they will really be that firstly be that impulsive then we do become able to adjust.
for a newbie in trading should seek knowledge, because as you said with knowledge and experience they can be more confident.
The actions taken will be more appropriate because they are based on analysis.
Trading takes time to become an expert.
What makes them wrong is that they've been that too positive that they can be able to learn it on a short period of time and on the moment that they've been able to experience the reality then there are ones who do able to learn up the lesson and adjust accordingly but there are those people who do become that pushing up themselves on trying out to do and this is where it will be that resulting that rushed up decisions and wont be able to do the right things on which their trading becomes gambling at the time that they cant be able to apply sufficient analysis.
Trading is indeed not the same as gambling but this is only on the time or moment that you do have that kind of application of analysis and proper approach into it.

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Re: Trading is not same thing as Gambling
« Reply #417 on: March 15, 2025, 11:11:20 PM »
Agreed, trading is a skill that is acquired gradually by always practicing and seeking experience. Although we are not necessarily professional traders, but with the experience we have, if we can get more profit than loss, that is a good thing.
because becoming a professional trader is not easy. We must have good skills.
Skills is obtained from knowledge and experience. So, basically, the main matter is about knowledge. We can get experience when we already practice it many times, right? Sure, to trade properly, it is not a must to be a professional trader. As long as we know the basic thing and we keep learning, we can trade in a proper way. To be professional trader, it requires a lot of experience. We can't be a professional trade just in few months. But I think everyone can be a professional trader, the skills can be improved if we have traded many times.

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Re: Trading is not same thing as Gambling
« Reply #418 on: March 19, 2025, 10:41:04 PM »

Skills are important, but not as important as a clear strategy and effective capital management. Traders often have wrong predictions that account for 70% and only 30% are correct, but they still make profits thanks to good capital management to limit losses and maximize profits.

Newbies often can't have those skills, they just want to find a holy trading method that brings them profits. They don't want to practice and use capital as if they were entering a casino.
capital management is something important, because in trading we must be able to manage it. but for newbies they do not learn this, because they only want how to get rich quickly? whereas in learning trading requires experience and it takes a long time to become a professional.
Yes, many people start financial asset trading with the view to gain more profits within short period of time without knowing that there are certain factors that have to be put into consideration so as to get the expected profit. Something as simple as allocating capital needs not to be overlooked because failure to do so means running certain decisions without calculation, which is more dangerous. The longer a person is in this world the use of experience can be made as a yardstick in making better decisions. There is no Process that I can avoid, and every step that takes will definitely have lessons that might help me in order to face other conditions that occur.

Offline dave_strider

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Re: Trading is not same thing as Gambling
« Reply #419 on: March 20, 2025, 12:35:45 PM »
Skills is obtained from knowledge and experience. So, basically, the main matter is about knowledge. We can get experience when we already practice it many times, right? Sure, to trade properly, it is not a must to be a professional trader. As long as we know the basic thing and we keep learning, we can trade in a proper way. To be professional trader, it requires a lot of experience. We can't be a professional trade just in few months. But I think everyone can be a professional trader, the skills can be improved if we have traded many times.

With said knowledge, it also becomes easier to understand the risks and to at least try to calculate them. When to enter, when to skip an opportunity, or where to end it all altogether. I agree with you.

 

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