Trading is not same thing as Gambling

[DavetJack]

I don't understand this now that I still see that in many places it is discussed that trading and gambling are the same. And they say that they both work in the same way. Yes, it is true that there is risk in gambling and trading, but if we see that especially in gambling, one can never earn without his luck. His luck is written in the war that he can earn or if he can get what he has bet on, and in gambling he can never use any of his own strategies that can help him earn. But we know that in trading, one can never invest depending on one's luck. Those who invest here analyze each currency well and check it well with the fundamentals of trading or their own strategies, then they invest there, so here he never depends on his luck to earn there. He has to use his own knowledge to move his life forward. So if we want to say, we will never say that trading and gambling are one and the same, they are completely different.

[debra]

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.

People who understand trading, they must know well the risks and the potential of the profits. Yes, gambling and trading are in a different field. Trading can be categorized as a place for earning money, meanwhile gambling is a place for spending money. In gambling, we win the prizes because of the luck. We have no way to increase the chance of earning money constantly.

Whatever the money we have in gambling, it never increases the chance to win. Even if we have large money, it doesn't guarantee us to win easily on certain gambling games.

[LUCKMCFLY]

So if we want to say, we will never say that trading and gambling are one and the same, they are completely different.

Yes, and to simplify it, the game depends on luck and trading depends on knowledge In both, luck and strategies can sometimes be applied, yes, but it is something that should not be mixed , We cannot guarantee that we will be successful in the game with pure strategy, nor will we win in trading by doing things by luck No, it is necessary to be very clear about these concepts.

[Nheer]

So if we want to say, we will never say that trading and gambling are one and the same, they are completely different.

Yes, and to simplify it, the game depends on luck and trading depends on knowledge In both, luck and strategies can sometimes be applied, yes, but it is something that should not be mixed , We cannot guarantee that we will be successful in the game with pure strategy, nor will we win in trading by doing things by luck No, it is necessary to be very clear about these concepts.

Gambling and trading differs a lot cause without knowledge one can’t even know how to use lot size or even place an entry but in gambling even coming in today without knowledge I can figure out where to place a bet and how much I’m willingly to place. Trading differs a lot without knowledge you will just be a dumb ass staring at the candle sticks and be confused so knowledge plays a vital and important role in trading cause many things won’t be possible if you don’t have knowledge in trading even to place a entry or even reduce or add lot size will be very difficult for a user who don’t have any knowledge about trading cause that shit is very confusing when one is new.

[BazinyAmg]

Gambling and trading are two different things while trading involves a strategy, based on market analysis, risk management and having knowledge of the dynamics of the market, and also traders are bound to make informed decisions based on the available data. while gambling is largly based on chance.

[Sim_card]

Gambling and trading are two different things while trading involves a strategy, based on market analysis, risk management and having knowledge of the dynamics of the market, and also traders are bound to make informed decisions based on the available data. while gambling is largly based on chance.

Trading is a skill and the more you are trading, the better you become if yiu understand what you are doing. However, gambling isn't a skill but a game that should be done for fun and not for profis. The more you gamble, doesn’t mean that you are improving.

[LUCKMCFLY]

Gambling and trading differs a lot cause without knowledge one can’t even know how to use lot size or even place an entry but in gambling even coming in today without knowledge I can figure out where to place a bet and how much I’m willingly to place. Trading differs a lot without knowledge you will just be a dumb ass staring at the candle sticks and be confused so knowledge plays a vital and important role in trading cause many things won’t be possible if you don’t have knowledge in trading even to place a entry or even reduce or add lot size will be very difficult for a user who don’t have any knowledge about trading cause that shit is very confusing when one is new.

Well, a person who has always been playing knows that he has to operate no matter what, with luck, with strategy, nothing is certain, but in trading you do need to know, know how to not lose money, whoever puts money into trading does so because they want to, because trading will never be like gambling, many confuse it and lose a lot of money, that happens, in some cases I have friends who do trading like futures betting, guessing, I don't know how they do it.

[gunhell16]

Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.

Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.

You know sometimes it's not good to rely on our knowledge at all times. Because what if the knowledge we discover is wrong? Although I believe that we really learn more from our experiences, because this is where we become skilled.

While in gambling, the risk is higher compared to trading, and most communities in this field of the crypto space know this very well, right?
Then most of the gambling business really relies on luck.

[DavetJack]

I know that both gambling and trading involve risk and uncertainty but if we look at it fundamentally they are very different in terms of structure and purpose. What we need in trading is based on analysis, strategy and watchful management. A successful trader uses tools like technical indicators economic data and market sentiment to make informed decisions. And they always analyze different currencies and approach their investments there even though there is risk but they can estimate it by applying their own strategy. And gambling often depends more on the living in which a certain probability is usually in favor of the house and there is very little room for risk control or strategy that can reliably beat the system over time. What is your comment on this..??

[UNIVERSE]

I know that both gambling and trading involve risk and uncertainty but if we look at it fundamentally they are very different in terms of structure and purpose. What we need in trading is based on analysis, strategy and watchful management. A successful trader uses tools like technical indicators economic data and market sentiment to make informed decisions. And they always analyze different currencies and approach their investments there even though there is risk but they can estimate it by applying their own strategy. And gambling often depends more on the living in which a certain probability is usually in favor of the house and there is very little room for risk control or strategy that can reliably beat the system over time.

Of course, both of them have their own risks. But in gambling, I think we tend to lose money than earning money. We have no certain way to win in gambling, sometimes analysis can't work well in gambling. Meanwhile in trading, we can rely on analysis because it determines a lot the success in trading. But to make good analysis, we must have enough knowledge. So knowledge is the main factor in trading. Every trader must always keep learning to ensure to have proper knowledge. This is surely very different with gambling.

[SamReomo]

Whatever the money we have in gambling, it never increases the chance to win. Even if we have large money, it doesn't guarantee us to win easily on certain gambling games.

I fully agree with you, but in some casino games the ones with huge amount of money can buy some perks and bonuses that could give them really high chance of winning. I know if someone is lucky then he/she can way no matter what but not always, however, the ones with those perks get higher chance of winning multiple times and that's a fact I guess. There's no advantage in sports betting however.

[gunhell16]

Whatever the money we have in gambling, it never increases the chance to win. Even if we have large money, it doesn't guarantee us to win easily on certain gambling games.

I fully agree with you, but in some casino games the ones with huge amount of money can buy some perks and bonuses that could give them really high chance of winning. I know if someone is lucky then he/she can way no matter what but not always, however, the ones with those perks get higher chance of winning multiple times and that's a fact I guess. There's no advantage in sports betting however.

But not all casinos are like what you say dude, and I also believe that gambling casinos are a place of spending money not a source of money. This is a business that makes money for gamblers, where gamblers also take the payment for those who win on their casino platform.

Unlike trading, when we learn or get the right learning and use it, it is for sure that anytime we want to make a profit, we can do it,
which is the opposite of gambling casinos.

[jeraldskie11]

Whatever the money we have in gambling, it never increases the chance to win. Even if we have large money, it doesn't guarantee us to win easily on certain gambling games.

I fully agree with you, but in some casino games the ones with huge amount of money can buy some perks and bonuses that could give them really high chance of winning. I know if someone is lucky then he/she can way no matter what but not always, however, the ones with those perks get higher chance of winning multiple times and that's a fact I guess. There's no advantage in sports betting however.

But not all casinos are like what you say dude, and I also believe that gambling casinos are a place of spending money not a source of money. This is a business that makes money for gamblers, where gamblers also take the payment for those who win on their casino platform.

Unlike trading, when we learn or get the right learning and use it, it is for sure that anytime we want to make a profit, we can do it,
which is the opposite of gambling casinos.

It's hard to win gambling that's why it's proven that most the gamblers have many loses than their wins. Imagine, only few can really win with it, and you can't guarantee that those who win really make money. Because I believe that those who usually win in gambling, they're the ones who spend a lot of money. In trading, winning consistently is possible because you can identify your win rate through backtesting.

[SmartGold01]

It's hard to win gambling that's why it's proven that most the gamblers have many loses than their wins. Imagine, only few can really win with it, and you can't guarantee that those who win really make money. Because I believe that those who usually win in gambling, they're the ones who spend a lot of money. In trading, winning consistently is possible because you can identify your win rate through backtesting.

You are right though, but sometimes it also hard to consistently win in trading without being a professional or someone who has been on trading field for long than now, most people go into trading but yet don't still make profits they ended up losing big time because they aren't that used to trading. In trading it would take time for someone to become that good or pro to start making profit except that person go into directly investments as I believe investments is more safer.

[ultrloa]

Whatever the money we have in gambling, it never increases the chance to win. Even if we have large money, it doesn't guarantee us to win easily on certain gambling games.

I fully agree with you, but in some casino games the ones with huge amount of money can buy some perks and bonuses that could give them really high chance of winning. I know if someone is lucky then he/she can way no matter what but not always, however, the ones with those perks get higher chance of winning multiple times and that's a fact I guess. There's no advantage in sports betting however.

But not all casinos are like what you say dude, and I also believe that gambling casinos are a place of spending money not a source of money. This is a business that makes money for gamblers, where gamblers also take the payment for those who win on their casino platform.

Unlike trading, when we learn or get the right learning and use it, it is for sure that anytime we want to make a profit, we can do it,
which is the opposite of gambling casinos.

It's hard to win gambling that's why it's proven that most the gamblers have many loses than their wins. Imagine, only few can really win with it, and you can't guarantee that those who win really make money. Because I believe that those who usually win in gambling, they're the ones who spend a lot of money. In trading, winning consistently is possible because you can identify your win rate through backtesting.

You cannot do much in gambling since usually this option is purely base on luck. Usually gamblers would lose their money especially if they gamble for long hours.

While traders can do something to increase their chance to gain from their trades since there are lots of indicators that can help them to be a profitable trader. But we can't also deny the fact that there are situation that we still lose our money from bad trades especially that market is unpredictable. But if people say its the same I really think that these two option is different. Maybe other people say its the same because it has similar risk for people to lose their money. But if we look at the technicalities they are not really the same.