Post
Topic
Board Gambling
Re: Flip or Trade? What’s The Bigger Gamble?
by
Hirose UK
on 27/10/2023, 16:54:10 UTC


Trading is very different from gambling. Your job is done! Sports betting and futures trading have a "science" behind them. You have charts, data, history, etc. Besides luck, it's all about strategy

Now, how about some gambling games? Totally different game. You can't forecast a roulette move with a chart, can you? You can't. In trading, you've got tools, tools, tools. You have history and data. Analyze, forecast, strategize. But in gambling? Just you and Lady Luck. She's fickle. Gambling and trade are different, although some features are comparable. Remember, always play it smart, whether you're betting or trading
For the fact that,  gambling have no draw down rules that can and should be followed just like we have workable rule for trading,  that alon make both incomparable and largely different to each other in terms of their operations and realities,  some time we may feel that both gambling and trading are same in practice since both have almost similar risks and available measure of unpredictability of the future outcome,  only that similarity alon os not enough to categorized both into same or being on the same pages at some point.
I don't know why there are still people out there who think that gambling and trading have the same thing even though it is very clear that they all look different in any form and from any point of view there is nothing in common at all, except for the risks which may be almost the same.
If there is choice wise person who can manage finances will definitely choose to trade because it can be predicted and calculated more accurately, every profit and loss that will be obtained is very different from gambling where everything is uncertain.