Post
Topic
Board Gambling discussion
Re: Can trading be considered as gambling??
by
Ziskinberg
on 23/10/2017, 23:39:26 UTC
I think trading with gambling is 2 different activities, because trading certainly requires the ability and skills in the implementation and in need of accuracy in analyzing market prices, while gambling can be done even without the ability and adequate skills and sometimes hope will be a lucky only.though both are equally risking money to make a profit, but trading has an object in trading while gambling only has money in the bet is not in the trade.
i think if it all involve risk then maybe it can be called a gambling in different way because in trading there ia no always assurance that you can get exactly what you aim. there is what so called an unpredictable result so that situation alone you already gamble.
Exactly, we are gambling for the results and we make that with our basis that is the speculation and the news that we can read, if we are good in analyzing what that news would possibly bring, it could result to a right prediction and of course we can make money with that. Trading is high risk but it has high reward, so it's like gambling but at least in trading you can improve your strategy as you can based your prediction in the real market status and your knowledge is a very powerful tool to help you achieve a success.