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.
Not really that totally a discussion after all on which we do really know that it isnt really just the same.Yes, both could have that risks but the level of risks would really be entirely be different plus
we know that gambling is for entertainment and trading is for money making/business/investment or whatever you do call which correlates to it on which it is really that needing that serious approach if you do want to succeed but of course this wont really be that so simple that could really be achieved on which considering that risks is still there but it is really that much more better and more worth
if we do compare on gambling games.
There is no similarity between trading and gambling. it is annoying to compare these two things, because each of these two things has advantages and disadvantages. Only winning and losing are the same in these two things, but smart and wise people will definitely do trading and investing instead of gambling because when it comes to gambling people know that just by mentioning gambling they already understand that this one thing is not good, but with trading they will consider this a good thing. indeed not much different, but in my opinion it is better to trade or invest than gambling which certainly has fatal bad effects. Trading or investing can still be avoided by learning things related to trading or investing, by learning things there is less chance of losses to be obtained, although an expert in trading must also be wrong in predicting.
But I am confident in trading or investing, because looking back there are many people who are successful because of trading or investing, of course this is a good thing for beginners who have just come down to the world of trading because they will take a little or a lot of knowledge from those who have experience trading or investing, because these two things in my opinion are better than gambling. So I myself will choose trad
Flip or trade? It would really be according into your own interest because leisure time and business/investment kind of dealing will really be totally different when it comes to approach.
Trading would really be just turning out to be a gamble if on the time that you arent really doing any analysis to it which we know that it do really require or needed up such
action for you to take advantage and able to handle yourself on an unpredictable market.
In contrast to gambling that can be done without much knowledge, just put a bet and wait for the results, of course this only relies on luck. But I make sure that people who gamble a lot of them experience losses by losing every round, because they know or maybe they don't realize that what they are fighting against is a machine that has been set up by insiders, of course they will not just give victory. gambling is created to make money not give money, this is just a game not a job. Indirectly they will spend the money the players have.
So trading or gambling still has risks, it just depends on which of these two things is better. But I suggest better trading and investing because this will be clearly profitable if we have mastered or learned things related to these two things.