Post
Topic
Board Gambling discussion
Re: Do you consider trading as gambling?
by
gabmen
on 23/10/2016, 10:27:45 UTC
No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
you are right. difference of gambling and trading is in how you make money. on gambling, it was pure luck, while the trading is dependent on the skills and your experience, if you do not have it, then it all just depends on your luck
I will not believe that in gambling it is just a pure luck, you might not witness those who are successful in gambling in the long run and I am quite sure they are not relying on their luck alone as it cannot be with us all the time, maybe it is appropriate to say that gambling needs to be skillful to make money but if you are lucky you will increase your chance.

It depends which games they play, if they play dice rolls then it is luck only that made them rich, but if they play poker or even blackjack then they also needed skills

Yeah,

It still depends on the type of the game.

Because there are some gambling games
which is not purely based on luck, those game
are most commonly the card games like poker.

And there are also some games which
is purely based on luck, like dice roulette
and so on.
Yeah and i think we can consider trading as one of those gambling games that would give you a good chance of earning based on your knowledge and experience, much like betting on sports. You need luck but having information and experience lessens considerably your dependece on it