Results 1 to 10 of 34
01-03-2014, 08:38 PM #1
Is there a difference between trading and gambling?
01-03-2014, 09:02 PM #2
Honestly, I don't think there is. They are all calculated risks.#whatisBLK
01-03-2014, 09:43 PM #3
This is such a loaded question, but in it's bare essence I would say no. However, you can study your way to better odds of a return through trading, which you cannot with gambling."Remember who's putting bread on whose table"
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01-03-2014, 09:52 PM #4
As a gambler I would say yes its exactly the same. Most gamblers are taking calculated risks when they lay their money down just like when traders do it.
You can also compare new gamblers with new traders. Both have a high percentage of people who jump in head first and get burned bad because they did not do their due diligence and were not actually taking calculated risks and just threw their money at something and hoped it would be profitable.
That's why when people say I'm a gambler or refer to it as a bad thing I always say yea but I do my research and I'm good at it so who cares.
01-04-2014, 08:25 AM #5
gambling is illegal in most places
01-04-2014, 07:31 PM #6Senior Member
- Join Date
- Jun 2009
If you compare gambling and trading to blackjack and poker, gambling, like blackjack requires you to put your money before you receive your cards. Poker and trading allows you to do most of your "investment" after receiving more information and increasing your odds for success.
01-04-2014, 09:05 PM #7
01-04-2014, 09:26 PM #8
I would say it depends on the game you are playing. yes most casino games are all gamble and its almost impossible to win at over the long run. But poker like trading if you know what you are doing and can keep your emotions out of the equation you can win at over the long run.
01-05-2014, 01:06 AM #9
Investing is my gambling...It's also a hobby, we do what we enjoy. I do think investing may be somewhat safer because there is so much information available but world class poker players didn't get to the top by dumb luck.2016 Rubicon built for the trails
1999 z28 built for sitting in the garage
01-05-2014, 02:36 AM #10Member
- Join Date
- Nov 2010
Yes there is a difference. In gambling the house will comp you meals and lodging