Well, what I think about this is that when one refers to brokers as stockbrokers, it is another thing, they are interested in you as a client spending money and that they have spent money, what does that mean? In the case of brokers, they are interested in having enough money deposited in them and letting the card go and see how they use it, then there is the stockbroker who tells or calls the person to tell them that there is an opportunity in the market. , which is a stock that is low, but that in a short time can go up quite a bit, even up to x10, but in reality the broker does not know it, because what he wants is to sell and collect his commission , that is what this is about There is no other way out but that, basically people are sometimes fooled, especially those who have a lot of money, who talk to them about actions or things that they have to do three times as much as they have and that turns out to be a lot of lies.

And that is something that is good for stockbrokers, for them it is excellent that they can do something like that, because they know very well that when it comes to how to know if they can generate better results, it is by selling in some way, and that is what they They do, now with the casinos it is something else, each casino has its different point of view, they win because the player plays, bets, and if he loses they win, if the gambler wins, they lose , but based on the advantage of the house Well, they have many options to be able to win, because their basic business is winning due to the number of players who will enter and spend, that's what this is about, and the more customers, the better because there is more opportunity for them to win, they are based only on the advantage from the house and that is enough to guarantee the Business, of course in the casinos there is everything, there are players who are small, medium, large, and well they basically stick to doing things as they believe it is in vain to multiply their identity, Something like that for me is what brokers do, but in a different context.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Casinos like brokers have their way of making money as the business progresses, obviously the bookmakers win when they have a good streak in which they manage to sell the shares that they are assigned, it is normal, it is their way of life. sell, the casinos are a company above all, they will sell but in another way, everyone knows the advantage of the casinos, they have their own options to do things well, and that they are acceptable, so that is why this industry of gambling and the exchanges, of the brokers, each one earns whatever, but who makes more money than the other, the truth is I wouldn't know? It could be that someone dedicates themselves to studying the statistics to determine who can earn more or less, but it is something that It doesn't make any sense, I have seen casinos that have the options so you can do a quick tab, especially the casinos that are decentralized, and that have the most moving ones in the current market.

There are many ways to present things well, or present them badly, we are the ones who decide how to spend our money, how to invest it, how to use it, if we want to invest in the stock market, in some actions that the brokers give us, well why not? It can be done, there is a lot at stake there, but we have to take into consideration that when we are in a casino the ones who decide are us and no one else, we are the ones who hear the risk, based on our money, if we want multi Spending our money, we are the ones who take the risk of betting too much or too little, depending on what is appropriate for the person, a person can spend a lot of money in a casino, and still be happy, a person spends a lot in a broker and he may not be happy with what he does, because that's not his thing, so this is a set of assumptions that can be made to be Able to determine if what we are doing is right or wrong, it's all a decision.

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

I don't think these things you said here can do anything for a trader to get a profit in crypto trading. Because what is important to us as traders is that we must know and have a broad understanding of trading in this field of the crypto space. Whether sitting or standing, as long as you still know the strategy you are using in your daily trade, it is fine.

That's the important thing; the difficult thing is that we don't have enough knowledge in trading and we don't get profit from it. That's the problem when that happens, right?

Trading while laying down on the sofa while "watching" something is where I do most of my trading as well. It doesn't require this much professionalism like standing desk or something because we are not professional traders and it shouldn't be a big deal.

I think it is quite important to remember that the more we do it, the better we are going to get and we are going to have some sort of result that would be a bit harder. I know that it will not be all that simple, but if we could make it work somehow then it is going to end up being a greater return. I know that "having fun" is a very important part of trading, you can't just consider it like a job, I mean some people are actually professional traders, they could, but not us.

Both of them do not affect trading directly, but rather on the trader’s decisions, which if they are affected by psychological factors such as trading after eating, or in the morning, or after the end of work, or before sleep, you need to control your emotions, as the greater the conviction that doing a certain psychological thing before trading means that you will make profits is a big mistake.

Get a place with good lighting and a comfortable chair, and you can think about trading decisions while walking or running according to the way you find suitable for you to think and make appropriate trading decisions.

Both of them do not affect trading directly, but rather on the trader’s decisions, which if they are affected by psychological factors such as trading after eating, or in the morning, or after the end of work, or before sleep, you need to control your emotions, as the greater the conviction that doing a certain psychological thing before trading means that you will make profits is a big mistake.

Get a place with good lighting and a comfortable chair, and you can think about trading decisions while walking or running according to the way you find suitable for you to think and make appropriate trading decisions.

I find that standing makes me more mentally alert and allows me to make decisions faster, whereas sitting makes me feel slower.
However, I usually limit myself to one or two trades, because too many trades can cause my mind to make bad decisions, which leads to more losses.

It depends a bit how we define day trading, do you really buy and sell coins for 8 hours a day, or do we just a buy a few coins per week when the prices are right? A coin is one time event, we either win or lose with 50/50, but if we keep doing the same flip over and over again the chances are high that we will go broke. Nobody can always be right in a coin flip for a long period of time. In case we only do the flip with small amounts then our expected profit is 0, because we should have the same amount of wins as losses. In trading it's different, we don't know instantly if we won or lost money. It could take month for a coin to turn into a real profit and we always have our investment until we sell it. That's why I would say trading is less risky, nobody forces us to sell below our purchase price. We could always hold out and wait for the prices to recover again.

That's exactly the point, we know that they are earning money from us, but we are the ones who are using the services they are providing, so we can't really say that they are exploiting us or using us for their own benefit because that's not entirely true. If you are a crypto day trader and you use a centralized exchange for your trades, you are getting to use the tools and services provided by them and that is what they are charging you for.

Similarly, when you are gambling on a platform, you are basically getting the opportunity to gamble and they are the ones providing you the opportunity, so if they charge you a percentage of your wins just as a fee for their services, there is nothing wrong in that and they truly deserve that for what they are doing for you.

So, both brokers and gambling houses are only getting what they are working for just like any other business in the world.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

I used to work as a forex trader before so I had to learn few things about brokers to chose the best for me. I learned that there are actually two types or more of brokers in which both work differently. The first type called No Dealing Desk which is the safest and better option in my opinion even with lowest fees just bigger minimum deposit because they deal directly with banks and offer the same market rates globally.
While the second type is called Dealing Desk or market maker brokers, These brokers have their own platform and their prices are not directly related to market rates. Sometimes in my experience with them they can be manipulative and intentionally cause traders to lose the big trades by moving the price significantly until the trader account blow up, because they profit when traders lose opposite of the first type where they earn a percentage of every trade you open as fees or what they call spread and regardless of which direction your trade goes.

 I also believe that brokers can be quite risky and many of them especially the second type (Dealing Desk), can be pure scam and forbid you when you want to withdraw your money. There’s more topics and articles about exposing brokers than casinos so you decide which one is more manipulative.

https://binaryoptionz.club/en/wp-content/uploads/2021/07/Types-of-Forex-Brokers.jpg

Picture source here

I think that we hope that entertainment, fun and adrenaline are motives. Though every time someone mentions a casino or someone online is discussing online casinos, the topic is more about the change in balance than it is about the experience.

You are right about brokerages and I see what you mean, however a good practical example of one that other parties can see first hand and compare with your posts, might be very useful for your points.

You are very right about the dangers that come with subtle, unsuspected involvement in gambling when it comes to what is thought to be investing.



Thank you, likewise. Your recent posts have been refreshing to read from a new member. Keep up the thought you are putting into your posts and I'll surely end up being a supporter of yours

I'm sure it would be good if you advised gambling addicts who really spend their family assets on gambling. but some people gamble for their enjoyment. like supporting their favorite team, to burn enthusiasm, I think this is natural. unless your gambling is detrimental to your family, then learn to control it.

Everyone stay away from gambling game then you all will be happy and happy Gambling game is very bad which will harm your family a lot and will also harm your life like my father gambling ruined my father's life and also my future is dark now I am now  I came back to this bitcoin to find light in my life in this darkness you all help me shine.

Trying to elaborate on how these things do make money then it would really be sharing up on the same scheme on which it would really be just that so right that they would really be that be always having the advantage
among into its users.It might really be looking up something that really manipulative or decieving but this is how business do works or on how this industry do really acts out. They are making money on the service that they do give.

Example.
1. Exchanges-  Trading fees, withdrawal fees
2. Casinos/Gambling sites - Peoples/gamblers losses,fees etc.

Checking it out then it would really be just the same but what matter the most on here is that if they do really just give out their fair approach and service without deceiving out their users then it should be fine.
You arent really that been forced on using up the platfor or service that they do have. You could really deal up with things with your own free will and to mind off about on how they do make money
then thats how that typical cycle do circles around.You dont like such system? Then there's nothing you can do with that.

Important thing on here is that you could be having a choice because if you do go for Trading then expect fees would be there but its not something that huge that you would really be making yourself that too stress of.
Speaking about leisure time then losing is inevitable because it would really be pertaining about on how lucky you are but we know that as long those results are fair and square then
it is something that be on least concern i should say.

I believe you didn't understand. OP is debating that "Brokers" are not just "raking" in proftis through fees/commissions, but that they're also raking profits through the bids and the asks spreads, which is partly true, BUT how can they continue market-making if they keep losing money in the same market that they're market-making?

🤔


Read OP's post again and try to get it from his/her actual context.

Shouldn't this depend on the agreement? I mean in most cases brokers are the ones that are paying. Let me explain to you how the casino that I worked with was establishing their wins and losses. They had few different games, all from different game providers, which mean they had like 6 if I remember right game providers that gave them about 300 games.

These games were automatically tied like an affiliate, which meant that if you gambled where I worked at that time, the money you lost went to the game provider, and then due to that affiliate income, the casino made some of it back, usually about 3% to 10% depending on the game, and when you lost they lost nothing. So at the end of every month, the casino got paid from the game provider.