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Author Topic: Trading is not same thing as Gambling  (Read 34484 times)

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Re: Trading is not same thing as Gambling
« Reply #420 on: March 20, 2025, 02:08:37 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.
The process is real and it will happen in trading, starting from what we know, getting to know trading and learning it and so on, it takes time which is called a process.

In the process, we definitely need knowledge so that we can hone our skills so that we can learn from experience if we have gone directly into the market. A process like this must be enjoyed, because if not, we will quickly get bored and eventually give up.

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Re: Trading is not same thing as Gambling
« Reply #420 on: March 20, 2025, 02:08:37 PM »

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Re: Trading is not same thing as Gambling
« Reply #421 on: March 20, 2025, 04:53:10 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.

         -       You are right, experience and knowledge are needed in trading. Also, you don't need to be an expert just to make a profit. Though, if you are really dedicated to being a trader, you will eventually become an expert in the future and others will be able to tell if you are an expert by what you say about trading.

That's why trading is very far from gambling, because you can really consider these trading skills as your own business. While in gambling, it's not like that because it's true that the income you get from gambling casinos is just luck.

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Re: Trading is not same thing as Gambling
« Reply #421 on: March 20, 2025, 04:53:10 PM »

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Re: Trading is not same thing as Gambling
« Reply #422 on: March 20, 2025, 07:26:56 PM »
The process is real and it will happen in trading, starting from what we know, getting to know trading and learning it and so on, it takes time which is called a process.

In the process, we definitely need knowledge so that we can hone our skills so that we can learn from experience if we have gone directly into the market. A process like this must be enjoyed, because if not, we will quickly get bored and eventually give up.
Yes, it is a process that must be carried out well. Because it is through this process that our experience is honed and our mentality is well formed. And as a trader, mentality is one of the most important things so that we can stick to the analysis and planning that we make after making the analysis. And so that we don't always get carried away by FOMO and the like. And usually professional traders are those who have successfully gone through this process patiently and used it as a lesson for themselves in subsequent trading activities. And those who give up halfway will ultimately never become a professional trader.

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Re: Trading is not same thing as Gambling
« Reply #423 on: March 21, 2025, 01:06:20 PM »
The process is real and it will happen in trading, starting from what we know, getting to know trading and learning it and so on, it takes time which is called a process.

In the process, we definitely need knowledge so that we can hone our skills so that we can learn from experience if we have gone directly into the market. A process like this must be enjoyed, because if not, we will quickly get bored and eventually give up.
Yes, it is a process that must be carried out well. Because it is through this process that our experience is honed and our mentality is well formed. And as a trader, mentality is one of the most important things so that we can stick to the analysis and planning that we make after making the analysis. And so that we don't always get carried away by FOMO and the like. And usually professional traders are those who have successfully gone through this process patiently and used it as a lesson for themselves in subsequent trading activities. And those who give up halfway will ultimately never become a professional trader.
Mental, you are right about this and I agree. People fail because their mentality is not good so they lead to failure. Even in life, mentality is something important.

For example, poor people have a rich mentality, so they keep trying until they achieve something they want, even if they never achieve it they will keep trying forever. Well, it's different with people who have a poor mentality, they won't want to try at all. Don't we now see people who are physically healthy who should be working but instead they choose to beggars?

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Re: Trading is not same thing as Gambling
« Reply #424 on: March 21, 2025, 01:18:57 PM »
Life is absolutely crazy sometimes, having a mindset over something will really get you closer to that goal, it either takes time but surely you will get to what you are chasing and will surely achieve it. The more your mind get addicted to it, it will surely become through your way of life like magnet all it takes it just patience and consistency so never stop pushing through what your mind or heart desires, keep pushing through your dreams and surely you will get to the point of your dreams.
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Offline dekafee79

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Re: Trading is not same thing as Gambling
« Reply #425 on: March 22, 2025, 06:52:27 PM »
The process is real and it will happen in trading, starting from what we know, getting to know trading and learning it and so on, it takes time which is called a process.

In the process, we definitely need knowledge so that we can hone our skills so that we can learn from experience if we have gone directly into the market. A process like this must be enjoyed, because if not, we will quickly get bored and eventually give up.
Yes, it is a process that must be carried out well. Because it is through this process that our experience is honed and our mentality is well formed. And as a trader, mentality is one of the most important things so that we can stick to the analysis and planning that we make after making the analysis. And so that we don't always get carried away by FOMO and the like. And usually professional traders are those who have successfully gone through this process patiently and used it as a lesson for themselves in subsequent trading activities. And those who give up halfway will ultimately never become a professional trader.
Mental, you are right about this and I agree. People fail because their mentality is not good so they lead to failure. Even in life, mentality is something important.

For example, poor people have a rich mentality, so they keep trying until they achieve something they want, even if they never achieve it they will keep trying forever. Well, it's different with people who have a poor mentality, they won't want to try at all. Don't we now see people who are physically healthy who should be working but instead they choose to beggars?
mentality is very important, I agree with what you said if we have a good mentality then we can be more successful.
because a bad mentality will make us pessimistic, with a rich mentality we must be optimistic with the efforts and investments we make.
We can still try to achieve success so stay away from the beggar mentality

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Re: Trading is not same thing as Gambling
« Reply #426 on: March 23, 2025, 01:33:05 PM »
Mental, you are right about this and I agree. People fail because their mentality is not good so they lead to failure. Even in life, mentality is something important.

For example, poor people have a rich mentality, so they keep trying until they achieve something they want, even if they never achieve it they will keep trying forever. Well, it's different with people who have a poor mentality, they won't want to try at all. Don't we now see people who are physically healthy who should be working but instead they choose to beggars?
mentality is very important, I agree with what you said if we have a good mentality then we can be more successful.
because a bad mentality will make us pessimistic, with a rich mentality we must be optimistic with the efforts and investments we make.
We can still try to achieve success so stay away from the beggar mentality
It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.

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Re: Trading is not same thing as Gambling
« Reply #426 on: March 23, 2025, 01:33:05 PM »


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Re: Trading is not same thing as Gambling
« Reply #427 on: March 23, 2025, 02:47:38 PM »
Quote
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.

       -      This is true, it's up to the trader to decide how to recognize trading as the same as gambling. The majority also knows that at some point, gambling is really the same as trading. And I'm one of those who believe that it's true.

If we have the right mentality or use it, we will definitely get good earnings in the end, so if we can't do it, we're just like others who see trading as the same as gambling.

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Re: Trading is not same thing as Gambling
« Reply #428 on: March 23, 2025, 02:56:46 PM »

It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.
As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

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Re: Trading is not same thing as Gambling
« Reply #429 on: March 23, 2025, 03:43:30 PM »

It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.
As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

I agree with you. Many people around us see that their well-groomed lives end up in gambling. Trading is based on your own knowledge, use your basic strategies about trading as much as possible and earn from it. And we who have been involved in the crypto currency market for a long time can say in one word that trading is not like gambling. Trading never depends on luck but it depends on your knowledge and patience.

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Re: Trading is not same thing as Gambling
« Reply #430 on: March 23, 2025, 04:11:07 PM »

It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.
As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

I agree with you. Many people around us see that their well-groomed lives end up in gambling. Trading is based on your own knowledge, use your basic strategies about trading as much as possible and earn from it. And we who have been involved in the crypto currency market for a long time can say in one word that trading is not like gambling. Trading never depends on luck but it depends on your knowledge and patience.
Trading is not really a gambling because if you know exactly how to trade your chances of winning is higher than 50%. Gambling is 50/50 game without analyzing since it was program to earn money from us. You have to keep on rolling or betting until they get all your funds. In the first place, they let you win but gradually you lose without realizing it.

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Re: Trading is not same thing as Gambling
« Reply #431 on: March 23, 2025, 07:45:35 PM »

It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.
As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

I agree with you. Many people around us see that their well-groomed lives end up in gambling. Trading is based on your own knowledge, use your basic strategies about trading as much as possible and earn from it. And we who have been involved in the crypto currency market for a long time can say in one word that trading is not like gambling. Trading never depends on luck but it depends on your knowledge and patience.
Trading is not really a gambling because if you know exactly how to trade your chances of winning is higher than 50%. Gambling is 50/50 game without analyzing since it was program to earn money from us. You have to keep on rolling or betting until they get all your funds. In the first place, they let you win but gradually you lose without realizing it.

Yes, gambling depends only on luck, even then, if you enter and bet yourself, you will be given good money at first, but later it will slowly rob you of all your assets. Which is 50/50. And if any of us compare trading with this, then our idea is wrong. Because to trade, you have to gain a lot of experience, we see that our big brothers open different forums about trading and give ideas about many trading strategies there. If we pay close attention, we can learn something good from there.

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Re: Trading is not same thing as Gambling
« Reply #432 on: March 23, 2025, 11:42:11 PM »
Trading is not really a gambling because if you know exactly how to trade your chances of winning is higher than 50%. Gambling is 50/50 game without analyzing since it was program to earn money from us. You have to keep on rolling or betting until they get all your funds. In the first place, they let you win but gradually you lose without realizing it.
Trading is different from gambling. Trading needs the knowledge, it is not based on the luck. If we have no proper knowledge, the chance to get profits will be small. We can't rely on the luck in trading. People who want to try luck, they should go to gambling. Trading is a place for the people who want to learn many things related to trading and crypto market. In trading, we are expected to always improve our knowledge because they market can change at any time.


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Re: Trading is not same thing as Gambling
« Reply #433 on: March 24, 2025, 12:54:50 AM »
Trading is not really a gambling because if you know exactly how to trade your chances of winning is higher than 50%.

Actually, there are types of trading which can be considered gambling to some extent, the first one that comes in mind in options and binary trading, in which all you do is make a bet on whether the price of a coin, stock, or commodity will go up or down in the near future. However, it still has its differences from gambling.

Even in options or binary trading, you can still do analysis and make it most of the times unless you are trading on a very short timeframe. Someone who understands the market they are trading in and has good technical analysis skills, they can make money from binary trading, but it's still very risky because you can lose a lot of money if your trades don't work out.
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Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #434 on: March 24, 2025, 03:26:49 AM »
Trading is not really a gambling because if you know exactly how to trade your chances of winning is higher than 50%. Gambling is 50/50 game without analyzing since it was program to earn money from us. You have to keep on rolling or betting until they get all your funds. In the first place, they let you win but gradually you lose without realizing it.
Trading is different from gambling. Trading needs the knowledge, it is not based on the luck. If we have no proper knowledge, the chance to get profits will be small. We can't rely on the luck in trading. People who want to try luck, they should go to gambling. Trading is a place for the people who want to learn many things related to trading and crypto market. In trading, we are expected to always improve our knowledge because they market can change at any time.
Totally different on which an entertainment thing in compared on something that could make it as a source of income at the moment or time that you do able to learn up such skills. There are really those times or moments that you will really be having that kind of gambler like kind of approach when doing trades. Trading could only become a gambling at the time that you wont really be applying any analysis and this is why its really that important that you should really be that knowing on what are the things that you should gonna do when dealing up with trading. You shouldnt really be having that gambler like mind or having that approach because its a different thing, because if you do want to play gambling and having some fun then you should be playing literally.

 

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