Thread: Trading vs gambling

Hi men,

can anybody tell me what is the differences btwn trading and gambling?

Originally Posted by ;

Thats what I am saying... Poker is a game of relative skill... By saying that your winning depends on how skillful your relative to the other individual playing against you personally. But lets assume every player has exact same skill and place precise bet in accordance with their hand odds and they are playing it in casino everybody will shed in long run. They will be eaten by casinos out . Poker and gambling are both match of skills ( Relative ) and thus aren't impossible to conquer. But in order to win you need to outsmart the other competitions by any means possible.

I will agree with that. Even out it is just luck and skill play with people less skillful.

Originally Posted by ;

quote I will agree with that. Even out skill and it's only luck, so constantly play people less skillful.

Originally Posted by ;

quote In gambling: - You can control your position dimensions and restrain your risk at the start of the sport In trading: - You can control your place dimensions and restrain your risk almost anytime. You can get our at anytime, and so you have a stop which can't be applied to gambling In gambling: - You actually play a sport which has nothing regarding anything happening on earth In trading: - You're playing a game which impacts the lives of people all around the world and which is closely related to most of the events in the world In gambling:...

Great article. Business is business.

Originally Posted by ;

quote I can agree with that. Even out it is only luck and skill play with people less skillful.

Do not worry FX will never be short of clueless new players. Like one wise man recently said in another thread: Cats eat krill.

For those that are not familiar with Forex trading there's absolutely not any difference between trading and gambling. I heard they say Wall Street is the biggest casino on Earth

I next jose, I have just 10 times trading.

I guess most people here in this forum have done gaming at a certain stage of the forex journey. You bet when you start to enter to the trades based on your own emotions, or get frued after losing trade and enter a different transaction with no signal.
When you gamble then you certainly don`t follow currency management etc .

Originally Posted by ;

For people who aren't knowledgeable about Forex trading there is no difference between gambling and trading. I heard they say Wall Street is the biggest casino on Earth

I am just wondering how come you are here)) with such behaviour it is far easier to maintain casino, is not it?

Originally Posted by ;

hi guys, Can anyone tell me what's the differences btwn trading and gambling?

gamblers get to get drunk and hire high priced hookers.

Traders dont have to do any of the cool stuff.

thats about it.