Trading is not same thing as Gambling

[Hisbullah]

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?

Those who continue to gamble may already have experience and gain profit from gambling, but for those who do not have experience, it is better not to gamble because it will only bring losses. Trading is a good way to practice skills in predicting prices and formulating strategies. We can learn trading to avoid gambling.

[Mr. Magkaisa]

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.

          -      In short, there are those who study trading who are not really 100% serious about what they are doing, but rather just get a little idea and then immediately jump into actual trading to try to make a profit from trading.

And there are also others who study it really seriously and understand what they are studying before jumping into the actual trading activity they will do.
Because it is no different from learning to drive

[DragonF]

          -      In short, there are those who study trading who are not really 100% serious about what they are doing, but rather just get a little idea and then immediately jump into actual trading to try to make a profit from trading.

I believe a trader must be serious about his trading. Trading cannot be approached casually. Trading is a business, and every business requires profit, which can only be achieved when the business is taken seriously. Like you said, some traders rush into trading with little ideas and they want to gain which is not right in my thinking.

And there are also others who study it really seriously and understand what they are studying before jumping into the actual trading activity they will do.
Because it is no different from learning to drive

These are the traders who profit the most. When you study the market and then trade based on research, the likelihood of profiting from the trade increases, and the trader reduces risk in trading despite market volatility.

[densus88]

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.

          -      In short, there are those who study trading who are not really 100% serious about what they are doing, but rather just get a little idea and then immediately jump into actual trading to try to make a profit from trading.

And there are also others who study it really seriously and understand what they are studying before jumping into the actual trading activity they will do.
Because it is no different from learning to drive

I like the second point you mentioned, if you want to do trading we must be serious in learning trading in order to achieve success.
because if we only know without studying in detail and seriously we cannot succeed, trading requires constant practice in order to become an expert.
and of course this takes time and money, because sometimes in practicing we experience failure.

[Gurujebs]

Those who continue to gamble may already have experience and gain profit from gambling, but for those who do not have experience, it is better not to gamble because it will only bring losses. Trading is a good way to practice skills in predicting prices and formulating strategies. We can learn trading to avoid gambling.

If you don't try you would never know what's in the other side. I mean you can't know how to be a better gambler if you don't try. Those that are better gambling today has one time in thier life lose some money but with time and better if their skills, they are able to better their time in gambling, that's how they becomes better gambler and so is traders.

A person that is a professional gambler or a trade don't become a professional unless they give it a trial. I advice anyone that loves trading and gambling should try the both independently, they will know the one to chose and follow the one they like.

[debra]

Those who continue to gamble may already have experience and gain profit from gambling, but for those who do not have experience, it is better not to gamble because it will only bring losses. Trading is a good way to practice skills in predicting prices and formulating strategies. We can learn trading to avoid gambling.

Sure, they won't continue to play gambling if they don't win a single gambling game. But I think those gamblers waste more money than winning the prizes. 

I agree that trading is better than gambling. In trading, we can improve the chance to earn more money if we already have proper knowledge and experience. In gambling, we only rely on the luck, there is no way to increase the chance of earning money. We can get good skills if we have good knowledge. We also will have good strategies if we understand well trading.

[milewilda]

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.

          -      In short, there are those who study trading who are not really 100% serious about what they are doing, but rather just get a little idea and then immediately jump into actual trading to try to make a profit from trading.

And there are also others who study it really seriously and understand what they are studying before jumping into the actual trading activity they will do.
Because it is no different from learning to drive

I like the second point you mentioned, if you want to do trading we must be serious in learning trading in order to achieve success.
because if we only know without studying in detail and seriously we cannot succeed, trading requires constant practice in order to become an expert.
and of course this takes time and money, because sometimes in practicing we experience failure.

Failure is inevitable and this something that should be put up in mind. Always put up into main consideration that on the moment that you do step your foot into this market then everything will be that random and unpredictable on which means that tendency or chance to have a losing trade is there. The important on here is on how you do able to adapt and be able to learn with those things that you had committed specially on mistakes and errors. Trading could only become gambling at the moment that you are making it to be one like having no analysis applied and just randomly making out some positions and thats what you called gambling in trading sense. Talking literally in between then we do know they are different because entertainment is different from actual investing or stuffs that generate possible long term profitability.

[Ujok]

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.

          -      In short, there are those who study trading who are not really 100% serious about what they are doing, but rather just get a little idea and then immediately jump into actual trading to try to make a profit from trading.

And there are also others who study it really seriously and understand what they are studying before jumping into the actual trading activity they will do.
Because it is no different from learning to drive

I like the second point you mentioned, if you want to do trading we must be serious in learning trading in order to achieve success.
because if we only know without studying in detail and seriously we cannot succeed, trading requires constant practice in order to become an expert.
and of course this takes time and money, because sometimes in practicing we experience failure.

That's right my friend, trading must have capital knowledge like others. So trading must work hard to find information or news related to the market so that we are not easily trapped in evil and a trader is not lazy, they all work hard to get a lot of profit ... and it all depends on each of us my friend, we can't even force people who are not serious about trading because trading will definitely find profit and loss, at that time whether he can really get through it or not.

[JollyGood]

Trading is not gambling however if people are reckless and do not think nor contemplate before investing then I suppose those trades are akin to gambling. If people want to gamble they can use casino/gaming websites to achieve whatever they are looking for but if they are looking for serious investments or trading, they should apply a different tactic.

[Mr. Magkaisa]

Those who continue to gamble may already have experience and gain profit from gambling, but for those who do not have experience, it is better not to gamble because it will only bring losses. Trading is a good way to practice skills in predicting prices and formulating strategies. We can learn trading to avoid gambling.

If you don't try you would never know what's in the other side. I mean you can't know how to be a better gambler if you don't try. Those that are better gambling today has one time in thier life lose some money but with time and better if their skills, they are able to better their time in gambling, that's how they becomes better gambler and so is traders.

A person that is a professional gambler or a trade don't become a professional unless they give it a trial. I advice anyone that loves trading and gambling should try the both independently, they will know the one to chose and follow the one they like.

           -     I seem to relate to what you're trying to convey when you say this mate, those people who only have plans but don't take steps to carry out what they've planned. That seems to be what you're trying to say, I'm just not sure if that's what it really is.

I guess it's like someone who wants to learn to swim, how can you learn if you don't jump into deep water so, of course we have to jump into deep water so we can learn how to float in the water.

[lombok]

Those who continue to gamble may already have experience and gain profit from gambling, but for those who do not have experience, it is better not to gamble because it will only bring losses. Trading is a good way to practice skills in predicting prices and formulating strategies. We can learn trading to avoid gambling.

If you don't try you would never know what's in the other side. I mean you can't know how to be a better gambler if you don't try. Those that are better gambling today has one time in thier life lose some money but with time and better if their skills, they are able to better their time in gambling, that's how they becomes better gambler and so is traders.

A person that is a professional gambler or a trade don't become a professional unless they give it a trial. I advice anyone that loves trading and gambling should try the both independently, they will know the one to chose and follow the one they like.

           -     I seem to relate to what you're trying to convey when you say this mate, those people who only have plans but don't take steps to carry out what they've planned. That seems to be what you're trying to say, I'm just not sure if that's what it really is.

I guess it's like someone who wants to learn to swim, how can you learn if you don't jump into deep water so, of course we have to jump into deep water so we can learn how to float in the water.

At some point in its process it ceases to become a strategy and becomes a restraint if kept for too long. Often we believe that we are preparing but in actuality, we are only considering what we want to do. As we start doing it, it doesn’t matter if in small measures, the whole perspective begins to shift. Some things which in the past have been said to be complex are gradually being made to be found solutions to since we are participants not mere spectators. Some of these things that we are afraid of turns out to be less bad than what we have imagined when we haven’t even offered ourselves a trial. Very often, it seems that success is best achieved not when one is fully committed to the idea at the beginning but when one is ready and willing to make a start with the belief that the idea will follow slowly but surely as the journey progresses.

[Joeboy]

Trading needs skill, experience and good management of emotion.
Gambling too. it seems the same...
what's the difference?
What differentiates trading and gambling is the way of analyzing charts, candles, etc.
Learn the project, fundamental, man behind etc.
Gambling is game, Gambling is a game where we don't play analysis, just play luck

After going through all of the comments, I just don't think there's any difference between trading and gambling after all. In gambling we make use of analysis, more like historical analysis. For example if Manchester United and Chelsea are to play today, what I do most often is to begin to study the previous matches between this two clubs, their gameplay, tactics, and so on to see which team will win, infact I will judge the present match based on their previous performance, and this process is also obtainable in trading.
Gambling is also a kind of skill, this is because people pay huge amount of money to earn it, this is also obtainable is trading. Just like trading gambling also involves the process of putting in a valuable or something of worth( money) to get a profit or a high percentage.  Just like trading, money can also be lost in gambling no matter how professional you are.
From my observation, the similarities between trading and gambling is so intense that it is difficult to separate the two, and as such I would say  they are both synonymous, infact the same.

[JollyGood]

Without doubt, many people would feel the same because there is a fine line between gambling and trading. No matter how much analysis is afforded to any possible transaction before completing a trade, there is no guarantee it will work the way expected.

[gunhell16]

Trading is not gambling however if people are reckless and do not think nor contemplate before investing then I suppose those trades are akin to gambling. If people want to gamble they can use casino/gaming websites to achieve whatever they are looking for but if they are looking for serious investments or trading, they should apply a different tactic.

There are other traders who are serious about making a profit from trading but do not study trading seriously, which is more important, because if we study it properly or correctly, the profit we are looking forward to will follow.

Because if they only have profit in mind, they will not last long in crypto trading, in fact, that has been proven to me because I have many acquaintances who said they were interested in studying trading but did not really study it seriously.

[DragonF]

There are other traders who are serious about making a profit from trading but do not study trading seriously, which is more important, because if we study it properly or correctly, the profit we are looking forward to will follow.

Because if they only have profit in mind, they will not last long in crypto trading, in fact, that has been proven to me because I have many acquaintances who said they were interested in studying trading but did not really study it seriously.

It is wrong to go into trading without efforts to study the rudiments of trading. There is nothing wrong with wanting to profit from trading but the profit will never come when the right things are not done. The right thing here is to understand the market, including price action, risk management, and market movements.

The market knows no friend, so a trader must be fully informed before engaging in trading. This is analogous to a student who wants to make First Class. It is a commendable ambition, but such a student must study. This is the same in trading. To make a profit, a trader must study and understand trading.