Trading is not same thing as Gambling

[milewilda]

           -     You think so? I don't think there is any luck in carrying out our trading activity here in cryptocurrency. Because I look at trading as a personal job, so if it becomes your passive income at the right time, that's great.

So I admit that studying trading is not easy, it's like being a student who is really studying, the only difference is that everything you learn from studying trading is that you can immediately apply it to actual trade if what you are studying is effective, so we will see in the long run the right and wrong that we will do.

I agree with what you said, learning trading is not easy and it takes a long time to see the results of our learning. because we must always learn and practice to gain experience. By learning we can immediately practice it, I like your analogy.. because what happens is supposed to be like that

The most common mistake on which that mentality that some people would be having is that they do really that having kind of belief that learning trading skills would really be just that easy or something that pertains that they can be able to make themselves that profitable in a short time period without even trying out to realize on what are the things that they would really be needing up to consider on which it will really be that still taking up so much time and tons of effort before they would really be able to have a good grasps into it. Being impatient will really be leading up into that kind of bad approach or actions on which this will really be that causing up that kind of huge problem when it comes into this manner. You must avoid up this stuff if you dont really like to mess up.

[alltalk]

I agree with what you said, learning trading is not easy and it takes a long time to see the results of our learning. because we must always learn and practice to gain experience. By learning we can immediately practice it, I like your analogy.. because what happens is supposed to be like that

It depends on the level of intelligence of each individual. There is a person who can learn fast and he/she can easily implement the theories immediately. This type of person can be easier to see the results of learning very soon. But sure, there is also a person who takes a long time to learn it. He/she may need few weeks/months to see the good results. However, I'm very sure that everyone can get good results if he learn seriously.

[LUCKMCFLY]

Being impatient will really be leading up into that kind of bad approach or actions on which this will really be that causing up that kind of huge problem when it comes into this manner. You must avoid up this stuff if you dont really like to mess up.

This is very true, when you insist on trading, impatience makes you lose a lot, that happened to me, I was very impatient, I always tried to accommodate things to how I saw them on a YouTube channel and that is the worst, that is why I lost a lot, so in view of this I still remember when I was a novice in trading, it was something that I did not expect to happen to me, but some of us do go through those bad experiences, in trading it is best to learn a lot before operating, so as not to lose so much money.

[MRY]

The most common mistake on which that mentality that some people would be having is that they do really that having kind of belief that learning trading skills would really be just that easy or something that pertains that they can be able to make themselves that profitable in a short time period without even trying out to realize on what are the things that they would really be needing up to consider on which it will really be that still taking up so much time and tons of effort before they would really be able to have a good grasps into it. Being impatient will really be leading up into that kind of bad approach or actions on which this will really be that causing up that kind of huge problem when it comes into this manner. You must avoid up this stuff if you dont really like to mess up.

Often, many people have a mentality of expecting to benefit immediately when they embark in something and trading is not an exception. Because of this, it makes them overlook the process which in real sense involves a lot of work and time. However, to refine this skill, one has to put himself or herself into practise whereby he or she is ready to encounter numerous challenges. It also bears to point out that if those attempts are not well accompanied by the fight and the waiting, it may be attained that all the efforts made are not rewarding sufficiently. When we are hurried, there is little chances of having perfect decisions and may lead to losses as well.

[milewilda]

The most common mistake on which that mentality that some people would be having is that they do really that having kind of belief that learning trading skills would really be just that easy or something that pertains that they can be able to make themselves that profitable in a short time period without even trying out to realize on what are the things that they would really be needing up to consider on which it will really be that still taking up so much time and tons of effort before they would really be able to have a good grasps into it. Being impatient will really be leading up into that kind of bad approach or actions on which this will really be that causing up that kind of huge problem when it comes into this manner. You must avoid up this stuff if you dont really like to mess up.

Often, many people have a mentality of expecting to benefit immediately when they embark in something and trading is not an exception. Because of this, it makes them overlook the process which in real sense involves a lot of work and time. However, to refine this skill, one has to put himself or herself into practise whereby he or she is ready to encounter numerous challenges. It also bears to point out that if those attempts are not well accompanied by the fight and the waiting, it may be attained that all the efforts made are not rewarding sufficiently. When we are hurried, there is little chances of having perfect decisions and may lead to losses as well.

If you are that becoming optimistic then you might be ending up on having that kind of delusion about making profits in shortest way as possible on which we know that this is truly a gambler like kind of approach and should be something that  be done when you are trying out to get involved with trading. You are the ones will really be that needing up the control and if you arent that good when it comes emotion control then you do end up on having that tons of loses. Trading skills isnt something that you can be able to learn in short time on which it do takes up some time and needs effort for you to have a good grasps of it. You are the ones will be making out such control in between mindset and emotion.

[Mate2237]

Trading and gambling are not the same thing and they don't have the same features. We have discussed this in the bitcointalk forum and the differences have been discussed too. Gambling has no tools but strategies like analysing the previous games to know which of the teams is good to win the match if it is a football game and trading uses TP/SL. And other charts.

But it is because of the risk involved in both of them making people to say they are the same.

[Mr. Magkaisa]

The most common mistake on which that mentality that some people would be having is that they do really that having kind of belief that learning trading skills would really be just that easy or something that pertains that they can be able to make themselves that profitable in a short time period without even trying out to realize on what are the things that they would really be needing up to consider on which it will really be that still taking up so much time and tons of effort before they would really be able to have a good grasps into it. Being impatient will really be leading up into that kind of bad approach or actions on which this will really be that causing up that kind of huge problem when it comes into this manner. You must avoid up this stuff if you dont really like to mess up.

Often, many people have a mentality of expecting to benefit immediately when they embark in something and trading is not an exception. Because of this, it makes them overlook the process which in real sense involves a lot of work and time. However, to refine this skill, one has to put himself or herself into practise whereby he or she is ready to encounter numerous challenges. It also bears to point out that if those attempts are not well accompanied by the fight and the waiting, it may be attained that all the efforts made are not rewarding sufficiently. When we are hurried, there is little chances of having perfect decisions and may lead to losses as well.

        -      There are still many communities who are entering crypto trading in a hurry to get a profit. even though they know to themselves that they do not have enough knowledge in the crypto space. And it is not that easy to learn in a short time. They think that it is just like gambling that you can just rely on luck to get a profit.

Yes, we are there that there is a risk that needs to be given for trading in crypto but this does not mean that it is the same as gambling because trading really needs to be studied while gambling even without studying is fine because if you are lucky you can get big earnings from gambling.

[LUCKMCFLY]

If Barcelona can really play as well as they did in the El Classico, then it is not impossible that Barcelona can really do it and lift the Copa del Rey trophy. I am sure that they will be much more serious about it. I have read it before but I don't know where, I tried to find it again, if Barcelona's target is to be able to get a treble winner with their current ability. Although it may be quite high, but it is also reasonable if they can be that consistent and serious about doing it, Real Madrid will be one of their biggest obstacles, however, it remains to be seen how both of them will be able to compete later by giving all their strength and focus during the match.

The initial plan is for Barcelona to win all the championships, and that is something that is already being outlined, I could not say who could win, the last classics of the League have been won by Barcelona and in a very humiliating way for Madrid , the truth is that has to change, and they can start with the Copa del Rey, I remember that when CR7 was there they won the Copa del Rey against a Barcelona of Messi who was winning everything, but less this competition, less this cup.

[lombok]

        -      There are still many communities who are entering crypto trading in a hurry to get a profit. even though they know to themselves that they do not have enough knowledge in the crypto space. And it is not that easy to learn in a short time. They think that it is just like gambling that you can just rely on luck to get a profit.

Yes, we are there that there is a risk that needs to be given for trading in crypto but this does not mean that it is the same as gambling because trading really needs to be studied while gambling even without studying is fine because if you are lucky you can get big earnings from gambling.

I believe that every trader knows such cases when a person gets very excited and runs into the trade without proper preparations. With this notion, it is sometimes easy to believe that this concerned world is sheer luck when in fact this process is slightly more elaborate. It is not only who can buy and sell, but also how to approach the situation and think how to act step-by-step carefully? If everything is identified with gambling, the technical and logical aspects of life are excluded. In a way, gambling does not entail any prerequisite of knowledge but the society’s fortune and nerve. However, when it comes to trading, choices result from analysis, experiences, trends, etc. We are not guided by emotions, as only through this a person can obtain constant success if only he knows what he is included in. And that is why the reaction to risk is distinguished because it is not a guess, but a decision.

[Promocodeudo]

Does that mean, in trading you don't need that luck??? It's very strange and it can't be accepted logically... because both trading and gambling, the luck factor is always a part of every decision... many people claim that they are good at trading, but when bad luck befalls them, they will feel small... yes just because luck is not on their side, they lose everything...

Buddy I think I share the same sentiment as you do, I have read through some comments here, some people write as if there are no similarities or things connecting gambling and trading, for me that's funny to hear, just as you said this two activities have a connection with luck, both are risky though some persons say they are good traders and I have heard about the stop loss stuff and way it works, in sportsbet which is gambling we have what we they call combo which is initiating a safest means of winning at the end of the gambling session, in details what this mean is that sometimes you may decide to chose 1 to 3 or more combo which means even though the games you chose cut 1 to 3 or more depending on the number of combo you chose, the slip will still be intact, so for me I think the both gambling and trading share some similarities and I think that makes them almost the same, no matter how you master trading, you must lose and I don't think that there's anyone that's involve in trading that has not lost before this is also applicable to gambling, so what next can we say.

[Marivic27]

Yes trading is not the same thing as gambling, because tradings profit depends on the traders strategy and experience,while in gambling it depends on your luck from prediction and speculation,they are both risky because it involves money that can possibly loss but in general they are really different.

[JollyGood]

A thread this old (January 2024) based on a topic such as this should have been locked by now. All the answers and quotes must have been regurgitated several times therefore it seems pointless to anything except trading is definitely not the same thing as gambling if you trade responsibly.

[JISAN]

A thread this old (January 2024) based on a topic such as this should have been locked by now. All the answers and quotes must have been regurgitated several times therefore it seems pointless to anything except trading is definitely not the same thing as gambling if you trade responsibly.

+1
All the posts here are almost similar. Given the number of users on this forum, this topic has gone through many pages, so it is natural for the same type of answer to be repeated here. So it is better to lock this topic.

Op please lock this topic. if op not seen this then Mod can lock also

[doc]

Yes trading is not the same thing as gambling, because tradings profit depends on the traders strategy and experience,while in gambling it depends on your luck from prediction and speculation,they are both risky because it involves money that can possibly loss but in general they are really different.

Trading and gambling are different because gambling as you said relies on luck. While trading depends on the analysis, strategy and experience of the trader. so in my opinion being a trader is more interesting than being a gambler. many people go bankrupt because of gambling, gambling should be avoided

[jeraldskie11]

Yes trading is not the same thing as gambling, because tradings profit depends on the traders strategy and experience,while in gambling it depends on your luck from prediction and speculation,they are both risky because it involves money that can possibly loss but in general they are really different.

Trading and gambling are different because gambling as you said relies on luck. While trading depends on the analysis, strategy and experience of the trader. so in my opinion being a trader is more interesting than being a gambler. many people go bankrupt because of gambling, gambling should be avoided

Sometimes I'm wondering why some people keep on gambling if we think that no one will become profitable from it. Maybe some of you have the same thoughts. Online gambling are here for how many years and still keep running and improving, if you can see in the other forum that gambling is very alive. Maybe behind those many losers there are some who can really make profit with gambling, what do you think?