Post
Topic
Board Nigeria (Naija)
Re: Na di 2 ways to Financial Growth: Trading vs Investing
by
Richbased
on 20/04/2025, 07:44:34 UTC
Trading is not gambling.

In fact, betting is also not gambling.

You really need to know the differences between them all.

Trading is very risky like betting and gambling but it is not the same and it requires different approaches. An example are banks, they do not gamble or bet but they trade.

No matter how you try to differentiate between trading, betting and gambling they are all still driving at same thing which is that your chances of making profits from them is under probability, which means that profit and loss takes a balance in between. When we are talking about gambling, it means a game of chances we play for profits and it is even wrong to say that betting is not gambling. I can agree with you about trading not being gambling in the sense that if you apply the right techniques, you will make profits and even when you lose, there are high chances for you to enter another trade and make profits again but i vehemently object that betting is not gambling. What is betting? predicting and staking on outcome of events through chances, so how is it different from gambling sir?