Is trading a gambling?

S

sgkwt

New Member
#1
#1
I am new to share market. As most of layman says i too feel trading is just gambling.If not, can any one give me some good reasons in simple language to understand. Also in some brokers website displayed, if you have invested this much amount, your returns will be this much (head spinning!) big amounts.
 
V

venkatiyer

New Member
#2
#2
Please say something new. Such jaundiced opinion about stock markets in general and traders in particular is centuries old. Those who have lost all that they had when they ventured into investing/trading in stock market, with nothing more than just hope of striking rich, have always dubbed this place as a 'gambler's den'. Others who have been successful have sung a different tune.

If you really believe trading is akin to gambling why get interested in it in the first place?
 
Last edited:
columbus

columbus

Well-Known Member
#4
#4
sgkwt said:
I am new to share market. As most of layman says i too feel trading is just gambling.If not, can any one give me some good reasons in simple language to understand. Also in some brokers website displayed, if you have invested this much amount, your returns will be this much (head spinning!) big amounts.
Click to expand...
In anything maths involved ,can not be termed as GAMBLING.
In gambling INSTINCTS play a vital role.In stockmarkets also
instincts play a crucial role.May be ,it is the reason behind
calling stock markets as gambling dens.
 
linkon7

linkon7

Well-Known Member
#5
#5
Lets think of it this way...!

Fact is trading is not at all easy.... fact is 90% people who try to trade loose money... fact is opinion will be polarised by the huge percentage who tried and lost... Fact is its a zero sum game... the money lost by the 90% is made by the 10% people...! Fact is top income tax payers are mostly people deriving income from this market...!

The question is... how can the smartest people, who pay the highest income tax consistently... be gamblers...?
 
rajgreenpeace

rajgreenpeace

Banned
#6
#6
columbus said:
In anything maths involved ,can not be termed as GAMBLING.
In gambling INSTINCTS play a vital role.In stockmarkets also
instincts play a crucial role.May be ,it is the reason behind
calling stock markets as gambling dens.
Click to expand...
M not agree a genius person won million from Lasbeghas casino by mathematical formula...... Is he not a gambler?
 
A

ashwani chadha

Well-Known Member
#7
#7
linkon7 said:
Lets think of it this way...!

Fact is trading is not at all easy.... fact is 90% people who try to trade loose money... fact is opinion will be polarised by the huge percentage who tried and lost... Fact is its a zero sum game... the money lost by the 90% is made by the 10% people...! Fact is top income tax payers are mostly people deriving income from this market...!

The question is... how can the smartest people, who pay the highest income tax consistently... be gamblers...?
Click to expand...
your reply is 100% perfect,20 years back it was a lala type business,but now it require a very high skill leval & that skill leval comes only if you trade it on the basis of mathematical formulas,say mathetical lower/upper/pivot point supports AND MATH IS NOT A GAMBLE NOR AN ART BUT IT IS SCIENCE,SO TRADING IS NEAR TO SCIENCE THESE DAYS THANKS
 
S

sumosanammain

Well-Known Member
#9
#9
sgkwt said:
I am new to share market. As most of layman says i too feel trading is just gambling.If not, can any one give me some good reasons in simple language to understand. Also in some brokers website displayed, if you have invested this much amount, your returns will be this much (head spinning!) big amounts.
Click to expand...

Yes its gambling. And then it gets worse from there on :)
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
N RBI Puts Currency Trading on Hold Futures 0
D Platforms and languages for automated trading Algo & Automated Trading 2
S Binary Options Trading or Gambling Derivatives 9
vipin.kumar05 Trading or gambling. General Chit Chat 18
B Morality of trading: Gambling or business? Trading Psychology 26

Similar threads