Quote from: arpon11 on August 27, 2019, 12:13:53 PM

Quote from: samdan777712 on July 09, 2019, 12:09:28 AM

I don't know if many of you notice this, but a lot of people who simply don't understand trading or derivatives seem hell bent on taking away our right to trade, just like the current proposed UK ban. They are cheering on the regulators to ban everything. They think any leverage is gambling. How do you feel realizing these people want to take your livelihood away?

Gambling is quite different from trading and I dont know why people keep promoting the ideas of leverage trading as a gambling. I have been trading for long and I can attest to the fact that trading is worthwhile and we can become professionals in it like other professions. I think we would need to educate the governments and other financial institutions concern how regulatory authority should see trade and gambling in other to stop this unnecessary banning of leverage trade.

I agree, there are major difference here: when you gamble, expect your money to lose because there is what we call house edge. As compare to trading wherein you have total control of your capital and you have a good chance to make money in the long run. So it's really profitable specially for those who treat trading as a profession.

Government education though is futile which regards to crypto trading. Most of them are afraid of crypto, although there are countries who have regulated it and became successful specially in Asian region. But it is still a long way to go.