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Author Topic: Trading is not same thing as Gambling  (Read 34327 times)

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Re: Trading is not same thing as Gambling
« Reply #510 on: April 25, 2025, 07:48:38 PM »
Exactly we can increase the possibilities of chances of profits than loss in trading with knowledge, strategy, analysis and understanding but in gambling one can’t increase the possibility of winning by knowledge or any form but just luck that why it call gambling, as the name might implies. If one can increase possible chances of winning then many might have been in gambling with all their life savings but it don’t goes that way it all about luck and little understanding, trading is far different from gambling you need knowledge to understand many things in the market and make a profitable entry’s and avoid loss and not only knowledge many little things add to it for example technical, fundamental analysis, economical news headline and more.
Trading indeed involves mental and logic preparations and not just attempting to get the outcome as is wished for. From my point of view, the achievement in this world does not depend on luck separately. Timing has to be precise and this is in relation to entering the market and exiting the market and that comes with experience and observation. The only difference with gambling is the space for progression or the ability to progress. One can always learn from a loss and be smarter in the next decision to be made. Indeed, in gambling, one just prays that a random number or an outcome will favour him. If not, then it is all over gone without any hint that will tell you what to take as saves that can be evaluated.

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Re: Trading is not same thing as Gambling
« Reply #510 on: April 25, 2025, 07:48:38 PM »

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Re: Trading is not same thing as Gambling
« Reply #511 on: April 25, 2025, 08:06:53 PM »
Exactly we can increase the possibilities of chances of profits than loss in trading with knowledge, strategy, analysis and understanding but in gambling one can’t increase the possibility of winning by knowledge or any form but just luck that why it call gambling, as the name might implies. If one can increase possible chances of winning then many might have been in gambling with all their life savings but it don’t goes that way it all about luck and little understanding, trading is far different from gambling you need knowledge to understand many things in the market and make a profitable entry’s and avoid loss and not only knowledge many little things add to it for example technical, fundamental analysis, economical news headline and more.
Trading indeed involves mental and logic preparations and not just attempting to get the outcome as is wished for. From my point of view, the achievement in this world does not depend on luck separately. Timing has to be precise and this is in relation to entering the market and exiting the market and that comes with experience and observation. The only difference with gambling is the space for progression or the ability to progress. One can always learn from a loss and be smarter in the next decision to be made. Indeed, in gambling, one just prays that a random number or an outcome will favour him. If not, then it is all over gone without any hint that will tell you what to take as saves that can be evaluated.
On the moment that you do find yourself expecting something from trading like making money or simply you've been imagining that you are already making big profits with it, then you are just that basically putting up yourself on huge disappointment once the reality would be slapping into your face. We do know that this isnt how simple on dealing up with this volatile market.
There's no assurance and there's no guarantee that you can be able to make money at the moment that you do step your foot into this market. It is a wrong mentality that you do fixated yourself into something positive but you arent that looking into the negative probabilities that could be happening. This is why its important that you should know on what you are dealing on with.

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Re: Trading is not same thing as Gambling
« Reply #511 on: April 25, 2025, 08:06:53 PM »

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Re: Trading is not same thing as Gambling
« Reply #512 on: April 25, 2025, 08:28:32 PM »
On the moment that you do find yourself expecting something from trading like making money or simply you've been imagining that you are already making big profits with it, then you are just that basically putting up yourself on huge disappointment once the reality would be slapping into your face. We do know that this isnt how simple on dealing up with this volatile market.
There's no assurance and there's no guarantee that you can be able to make money at the moment that you do step your foot into this market. It is a wrong mentality that you do fixated yourself into something positive but you arent that looking into the negative probabilities that could be happening. This is why its important that you should know on what you are dealing on with.
So true. In other words, we must know the risks we face and we must also be prepared for the risks we will take from trading itself. Because trading is not as sweet as crypto influencers show. In reality, it is just as difficult as ordinary trading in the real world which requires seriousness in making careful analysis and planning. Nothing is easy at all, especially in managing emotions in trading itself.

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Re: Trading is not same thing as Gambling
« Reply #513 on: April 25, 2025, 09:31:41 PM »
On the moment that you do find yourself expecting something from trading like making money or simply you've been imagining that you are already making big profits with it, then you are just that basically putting up yourself on huge disappointment once the reality would be slapping into your face. We do know that this isnt how simple on dealing up with this volatile market.
There's no assurance and there's no guarantee that you can be able to make money at the moment that you do step your foot into this market. It is a wrong mentality that you do fixated yourself into something positive but you arent that looking into the negative probabilities that could be happening. This is why its important that you should know on what you are dealing on with.
So true. In other words, we must know the risks we face and we must also be prepared for the risks we will take from trading itself. Because trading is not as sweet as crypto influencers show. In reality, it is just as difficult as ordinary trading in the real world which requires seriousness in making careful analysis and planning. Nothing is easy at all, especially in managing emotions in trading itself.
Many influencers present trading as very easy to sell trading signals or various types of services. And they give financial advice to many people for trading. Seeing this, many people rush to trade. Because at that time they think of trading in such a way that they will become rich or can earn regular income if they go there. Because those who influence represent trading in this way to sell their services or signals. Therefore, if someone starts trading by trusting someone else's analysis outside of their own personal analysis, then their loss is inevitable. However, many people do not want to accept these things and fall into greed.
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Re: Trading is not same thing as Gambling
« Reply #514 on: April 25, 2025, 10:17:29 PM »
Exactly we can increase the possibilities of chances of profits than loss in trading with knowledge, strategy, analysis and understanding but in gambling one can’t increase the possibility of winning by knowledge or any form but just luck that why it call gambling, as the name might implies.
Yep, it is difficult to increase the chance to win if it mostly relies on the luck. I know some gambling games are skill-based games, but the luck factor also has the role in those games. So, luck is the main factor in gambling. It is quite different with trading because trading mostly relies on knowledge (trading ability). Experience also has a role here, but the knowledge is the main factor.

If one can increase possible chances of winning then many might have been in gambling with all their life savings but it don’t goes that way it all about luck and little understanding, trading is far different from gambling you need knowledge to understand many things in the market and make a profitable entry’s and avoid loss and not only knowledge many little things add to it for example technical, fundamental analysis, economical news headline and more.
Sure, knowledge is a must in trading. Meanwhile in gambling, people even can play it without having good knowledge about the games. Slots is one of the games that people can play it although people just know it. However, for the games like Pokers, people must understand it firstly. But it is not only about skills, to win it we must have good luck as well. Meanwhile in trading, it is all about the ability. Yep, we must know both technical and fundamental analysis. We also need to update the news/issues related to the coins and crypto space.

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Re: Trading is not same thing as Gambling
« Reply #515 on: April 26, 2025, 10:09:26 PM »
Many influencers present trading as very easy to sell trading signals or various types of services. And they give financial advice to many people for trading. Seeing this, many people rush to trade. Because at that time they think of trading in such a way that they will become rich or can earn regular income if they go there. Because those who influence represent trading in this way to sell their services or signals. Therefore, if someone starts trading by trusting someone else's analysis outside of their own personal analysis, then their loss is inevitable. However, many people do not want to accept these things and fall into greed.
What is the main job of the social influencers? I guess the answer will be making more view on their videos so that they can earn more and sometime they also act like market maker for the crypto project and they use to manipulate the market by their influence power and have some high payment from the crypto projects.
If I say something about the main point then, they are main work is to increasing their views and for that they have to always say that positive things about the sector what they related. Like and social influencer who is in the crypto his first work will be always trying to catch the attraction of his  audience so that they can share that and as well increase their views and also their network. So in some cases they also promote those words or the product they shouldn't be so don't always relay on their statement verify by your own self.

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Re: Trading is not same thing as Gambling
« Reply #516 on: April 26, 2025, 11:13:55 PM »
On the moment that you do find yourself expecting something from trading like making money or simply you've been imagining that you are already making big profits with it, then you are just that basically putting up yourself on huge disappointment once the reality would be slapping into your face. We do know that this isnt how simple on dealing up with this volatile market.
There's no assurance and there's no guarantee that you can be able to make money at the moment that you do step your foot into this market. It is a wrong mentality that you do fixated yourself into something positive but you arent that looking into the negative probabilities that could be happening. This is why its important that you should know on what you are dealing on with.
So true. In other words, we must know the risks we face and we must also be prepared for the risks we will take from trading itself. Because trading is not as sweet as crypto influencers show. In reality, it is just as difficult as ordinary trading in the real world which requires seriousness in making careful analysis and planning. Nothing is easy at all, especially in managing emotions in trading itself.
Many influencers present trading as very easy to sell trading signals or various types of services. And they give financial advice to many people for trading. Seeing this, many people rush to trade. Because at that time they think of trading in such a way that they will become rich or can earn regular income if they go there. Because those who influence represent trading in this way to sell their services or signals. Therefore, if someone starts trading by trusting someone else's analysis outside of their own personal analysis, then their loss is inevitable. However, many people do not want to accept these things and fall into greed.
If we look at video influencers, it seems easy to trade and make a profit, but in reality, when we do trading ourselves, it's not that easy. This is just a way to attract people's attention to follow them.
trading requires knowledge and experience, it takes a long time to become a professional trader.
for beginners, it is better to seek knowledge and always practice so that you can become a great trader

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Re: Trading is not same thing as Gambling
« Reply #516 on: April 26, 2025, 11:13:55 PM »


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Re: Trading is not same thing as Gambling
« Reply #517 on: April 26, 2025, 11:28:45 PM »
If we look at video influencers, it seems easy to trade and make a profit, but in reality, when we do trading ourselves, it's not that easy. This is just a way to attract people's attention to follow them.
trading requires knowledge and experience, it takes a long time to become a professional trader.
for beginners, it is better to seek knowledge and always practice so that you can become a great trader
Very true, it won't be as easy as we think. Those influencers are probably experienced traders, it makes sense if they easily get profits. They must have good knowledge, they have a lot of experience, and they understand well the market condition. So, we don't easily follow them if we are still beginners or newbie traders. It is better to learn the basic matters and we just trade with small money. We don't be too obsessed to get a lot of profits as the influencers.


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Re: Trading is not same thing as Gambling
« Reply #518 on: April 26, 2025, 11:41:18 PM »
If we look at video influencers, it seems easy to trade and make a profit, but in reality, when we do trading ourselves, it's not that easy. This is just a way to attract people's attention to follow them.
trading requires knowledge and experience, it takes a long time to become a professional trader.
for beginners, it is better to seek knowledge and always practice so that you can become a great trader
It is right here that something that is posted on the social platforms is done with the aim of creating awareness which is not the real thing. Most people portray it as sweet thing to trade while there are many things that one need to know in order to read the real market. As soon as you decide to swim in the water and jump headfirst you will see that every decision entails certain risk. In my opinion, the best key to success is the possibility to learn more, to correct your actions and to do not get tired after the first failure. Trading is not only about having trading that is opening and closing trades and positions but also, it involves developing a frame of mind that is impregnable. If you can understand this process you can find your way of evolution little by little.

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Re: Trading is not same thing as Gambling
« Reply #519 on: April 27, 2025, 08:19:42 AM »
Exactly we can increase the possibilities of chances of profits than loss in trading with knowledge, strategy, analysis and understanding but in gambling one can’t increase the possibility of winning by knowledge or any form but just luck that why it call gambling, as the name might implies. If one can increase possible chances of winning then many might have been in gambling with all their life savings but it don’t goes that way it all about luck and little understanding, trading is far different from gambling you need knowledge to understand many things in the market and make a profitable entry’s and avoid loss and not only knowledge many little things add to it for example technical, fundamental analysis, economical news headline and more.
Trading indeed involves mental and logic preparations and not just attempting to get the outcome as is wished for. From my point of view, the achievement in this world does not depend on luck separately. Timing has to be precise and this is in relation to entering the market and exiting the market and that comes with experience and observation. The only difference with gambling is the space for progression or the ability to progress. One can always learn from a loss and be smarter in the next decision to be made. Indeed, in gambling, one just prays that a random number or an outcome will favour him. If not, then it is all over gone without any hint that will tell you what to take as saves that can be evaluated.

When we really trade, it really requires the right mentality, now in gambling, whether you are normal or not, you can still win if you get lucky, unlike trading, if your mentality is not right, there is no chance that you will experience a big profit here.

In short, as others say, trading is a skill that can be called unlike gambling is not a skill that can be considered that's why more people pay attention to trading
seriously because they know that there is a good future waiting for us here if we take this seriously 100%.
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Re: Trading is not same thing as Gambling
« Reply #520 on: April 27, 2025, 05:06:30 PM »
I agree in the general sense because that is the main difference between gambling and trading, however when trading becomes reckless (no matter how much analysis there is) it is akin to gambling. The problem is compounded when traders contemplate when to sell to make a profit.

I agre with you, gambling is based on luck. that's all.
But In trading, needs skill, analysis, strategic, management of emotions etc. Trading is need experience and also knowledge about the coins and the projects.We should have good analysis and do research before buy the coins for trading.
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Re: Trading is not same thing as Gambling
« Reply #521 on: April 30, 2025, 11:09:33 PM »
When we really trade, it really requires the right mentality, now in gambling, whether you are normal or not, you can still win if you get lucky, unlike trading, if your mentality is not right, there is no chance that you will experience a big profit here.
Both in trading and gambling require strong mentality. If you are not ready with the risks, it is better to cancel your intention joining it. Moreover in gambling, you must be ready to lose money because there is no way that you will safe from losing money. Gambling is the way to waste money.

In short, as others say, trading is a skill that can be called unlike gambling is not a skill that can be considered that's why more people pay attention to trading seriously because they know that there is a good future waiting for us here if we take this seriously 100%.
Sure, trading is about skills or ability. If you have no skills, it will have no chance to take profits. You need knowledge/skills because you should do analysis to determine the time for entry and exit. There is no way that you trade relying on the luck only.


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Re: Trading is not same thing as Gambling
« Reply #522 on: Today at 09:26:50 AM »
Sure, trading is about skills or ability. If you have no skills, it will have no chance to take profits. You need knowledge/skills because you should do analysis to determine the time for entry and exit. There is no way that you trade relying on the luck only.

This is so true, and the only one who can understand what you said dude is the one who really understands trading, Yes let's say that traders and gamblers are both risk takers. But Gambling and Trading are different categories, though they are the same business.

But with the growth of our capital, the risk level is higher in gambling and not in Trading. Though, both use money but in trading we use luck
but we must be knowledgeable in trading unlike in gambling, it really is not.
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