Is trading a gambling?

[sumeetsj]

http://www.traderji.com/general-trading-investing-chat/47549-goodbye-trading-welcome-new-life-11.html#post514438

 

[ravikumar_1044]

speculation trading is very risky, but if you have cool and caliculated , wait for while, allways think for profit booking when contract close, invest less money and observe market trend , i think it is mathematical theory of game.
ravi

 

[jagankris]

I don't see Trading superior or inferior to gambling.
For me Gambling is also a good profession like Trading.

I love gambling and I love trading .

Gambling if done for living(not all the games of house) has different set of rules and like wise trading.
I never gambled for money.It's just for fun.
I always go with a pre-determined mindset of certain stop loss to casino's.

Trust me I never came out from Casino's loosing money.Never made big money there that is a different story :rofl:.

But I have lost lot of money in Share markets.
It took time to realize that I was gambling rather than trading.

When speculation is used primarily for taking entries and exits in trading then it becomes gambling.


1.Because I always had the expectation on the returns.
2.Some times used to follow the charts
3.Some times wont follow the charts and strict on to the rules or speculate or guess with out strict discipline leading to early exits or I won't trade all all the signals resulting in loss several days.

Many days I have regretted that I have wasted today.

Trading if done as a business will give success if done as gambling it will result in loss.

What here I mean trading done as gambling - Trading should be done with strict discipline and don't speculate or guess as markets most of the time moves against what our mind says or hopes.

 

[ashwani chadha]

I don't see Trading superior or inferior to gambling.
For me Gambling is also a good profession like Trading.

I love gambling and I love trading .

Gambling if done for living(not all the games of house) has different set of rules and like wise trading.
I never gambled for money.It's just for fun.
I always go with a pre-determined mindset of certain stop loss to casino's.

Trust me I never came out from Casino's loosing money.Never made big money there that is a different story :rofl:.

But I have lost lot of money in Share markets.
It took time to realize that I was gambling rather than trading.

When speculation is used primarily for taking entries and exits in trading then it becomes gambling.


1.Because I always had the expectation on the returns.
2.Some times used to follow the charts
3.Some times wont follow the charts and strict on to the rules or speculate or guess with out strict discipline leading to early exits or I won't trade all all the signals resulting in loss several days.

Many days I have regretted that I have wasted today.

Trading if done as a business will give success if done as gambling it will result in loss.

What here I mean trading done as gambling - Trading should be done with strict discipline and don't speculate or guess as markets most of the time moves against what our mind says or hopes.

must read /perfect views for every body

 

[rajsingh]

speculation trading is very risky, but if you have cool and caliculated , wait for while, allways think for profit booking when contract close, invest less money and observe market trend , i think it is mathematical theory of game.
ravi

That's a sophisticated definition of gambling...:rofl:

 

[rajsingh]

I don't see Trading superior or inferior to gambling.
For me Gambling is also a good profession like Trading.

I love gambling and I love trading .

Gambling if done for living(not all the games of house) has different set of rules and like wise trading.
I never gambled for money.It's just for fun.
I always go with a pre-determined mindset of certain stop loss to casino's.

Trust me I never came out from Casino's loosing money.Never made big money there that is a different story :rofl:.

But I have lost lot of money in Share markets.
It took time to realize that I was gambling rather than trading.

When speculation is used primarily for taking entries and exits in trading then it becomes gambling.


1.Because I always had the expectation on the returns.
2.Some times used to follow the charts
3.Some times wont follow the charts and strict on to the rules or speculate or guess with out strict discipline leading to early exits or I won't trade all all the signals resulting in loss several days.

Many days I have regretted that I have wasted today.

Trading if done as a business will give success if done as gambling it will result in loss.

What here I mean trading done as gambling - Trading should be done with strict discipline and don't speculate or guess as markets most of the time moves against what our mind says or hopes.

So bro, gambling with discipline is trading. Right. :rofl: It's the converse of what you said . Gotta be right. No fear friend we are all in the same profession. Makes no diff. to me what anyone wants to call it.

 

[jagankris]

So bro, gambling with discipline is trading. Right. :rofl: It's the converse of what you said . Gotta be right. No fear friend we are all in the same profession. Makes no diff. to me what anyone wants to call it.

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[rajgreenpeace]

No Brother.I am afraid you are missing my valuable lesson and a costly experience.Don't rush and get lost in proving the point that trading is gambling.

If Trading is Gambling then Gambling must be equal to trading.Then most of the FII's and Mutual fund houses should go to casino's instead of investing in Capital markets,commodities,Bonds or Forex.
Which is not the case.

You cannot use strict discipline in all the games of Casino - I hope you can appreciate this only if you have been to a Gambling house.

Gambling is mostly one sided and the house always wins.
It occasionally gives wins and mostly insiders are usually the winners just to lure the entrants.It is for fun.
I am not a professional gambler and I don't want to go deep about gambling here.

Please try to understand the subtle difference in terms of Physcology.

It is the way you trade - If you use speculation then it becomes gambling - if you use a pure strategy,MM,discipline then it becomes trading.

If you are able to grasp this I am sure you will become a good trader.

Share market is wise gentleman scientific Gambling.....this is bitter true...:clapping::clapping:

 

[anushadube]

i think trading is an art and requires strong, coordinated and continuous efforts to master.

 

[rajgreenpeace]

i think trading is an art and requires strong, coordinated and continuous efforts to master.

colombus says its science :lol::lol::lol: