Post
Topic
Board Gambling discussion
Re: Between futures trading and gambling
by
Stable090
on 25/07/2023, 19:24:10 UTC

As a future trader, you have control over your fund and you can exit the trade if it decline your prediction but gambling is totally different because once you click on the bet button you have no control over it again until the game is settled either in your favor or against you.
When gambling and you are already winning, you can be given the opportunity to cash out the amount won if you can’t wait for the match to end completely, am not saying gambling is not risky, but I had little experience with future trading before I left it, future trading almost ruined my life before I had to force my self to stop it, maybe the experience I had is one of the reasons why I still consider it to be more risky than gambling. Most people that really lose a lot in future trading are the once that are looking for quick money (they are the once that use high leverage because they want to get rich quick which at the end they lose all their money easily), the greedy once( they also use high leverage and they are not satisfied with the profit they are having till things go against them), the newbies( As a newbie you will easily lose money, because future trading is really risky and it’s not what newbies can just jump into). My personal experience with both future trading and gambling makes me believe future trading is more dangerous than gambling, just that gamblers easily get addicted.

traders a better chance of making profit than in gambling.
That’s one of the main reason why you see lots of people going into future trading, because they can easily make money. I know if you can use high leverage in future trading then you will make money, but the higher your leverage, the higher the chances of you losing money so if you are into future trading, then it’s better you use low leverage, because if you keep on using high leverage, then you might end up losing everything you have being winning in the past.