betclones
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Trading and Gamling a different angle
Betting and trading is completely different from gambling .
In gambling the historical performance cannot affect outcome although people try to use statistics to predict the outcome.The money gambled are lost in case the prediction goes wrong and the prediction has an end.
Betting on the other side could be gambling if factors who affect the outcome are not taken into consideration at all or wrongly. Insider info are very important here and are part of the "factors" discussed above The problem with betting is that the money invested are lost in case the prediction goes wrong and the prediction has an end.
In trading you have 2 layers defined by the approach towards it.
-1st layer is the longer view approach ( 3+ months + dividends)
-2nd short view in and out in short horizon even with leverage (1 min -3 months)
In the 1st layer the capital(played amount) is not lost but reduced or increased
In the 2nd layer the capital (played amount) is under higher risk and could be lost in case of high leverage.
In all cases money and risk management techniques are needed with more positive effect in betting and trading
people often compare trading to gambling, they are not the same!
Except for some table games like blackjack the biggest difference between trading and gambling is that previous results have NO effect, unlike in trading.
for instance, on a roulette wheel..no matter what has happened in the past it has no physical effect on where the ball will land, it is always the same fixed odds. In trading previous results DO effect the outcome of the market.
Betting and trading is completely different from gambling .
In gambling the historical performance cannot affect outcome although people try to use statistics to predict the outcome.The money gambled are lost in case the prediction goes wrong and the prediction has an end.
Betting on the other side could be gambling if factors who affect the outcome are not taken into consideration at all or wrongly. Insider info are very important here and are part of the "factors" discussed above The problem with betting is that the money invested are lost in case the prediction goes wrong and the prediction has an end.
In trading you have 2 layers defined by the approach towards it.
-1st layer is the longer view approach ( 3+ months + dividends)
-2nd short view in and out in short horizon even with leverage (1 min -3 months)
In the 1st layer the capital(played amount) is not lost but reduced or increased
In the 2nd layer the capital (played amount) is under higher risk and could be lost in case of high leverage.
In all cases money and risk management techniques are needed with more positive effect in betting and trading