Is trading Gambling or not .."What say You" Vote here.

[ElectricSavant]

So the origin of your position was that it was a "sure thing" ?

Trading is not gambling. However, most 'traders' don't realize that they're gambling and not trading.

Here is an example of actual trading: I own 1 million shares of a thinly traded stock which I would like to sell. How do I get out of my position at a fair price without the market selling-off on my selling? The construction of the solution = real trading.

Gambling, on the other hand, is the betting of money on uncertainty with the intention to win something.

The two are worlds apart.

 

[Pekelo]

I propose 2 other inquiries:

1. Is getting married gambling or not?

2. Is getting a college degree gambling or not?

Oh what the hell:

3. Is having children a huge gamble? (what if the child is born with a defect? what if they shit on you after their teenager years? what if they die early?etc.)

4. Is having a surgery gambling or not? (success rate of lower back surgeries is not better than 50%)

 

[ElectricSavant]

I pick the one marked in red

I propose 2 other inquiries:


Oh what the hell:

3. Is having children a huge gamble? (what if the child is born with a defect? what if they shit on you after their teenager years? what if they die early?etc.)

4. Is having a surgery gambling or not? (success rate of lower back surgeries is not better than 50%)

 

[murray t turtle]

Do smart people "not gamble" ?

%%
NOT MUCH@ all.
But about 20% do, in Millionaires Mind/Stanley. Therefore the lotto is still a stupid tax on people that cant do math. LOL

An old REALTOR friend told me once,dont buy that lake house, priced like a penny stock-almost LOL.[I thought to myself that would not be gambling] so i said ''why not.'' ''It has been moved '' ;which goofs up most houses!!!!!! So i would not call that gambling; but ''stupid risk''

 

[tickmagnet]

Everything is gambling in life , for instance 50 % of marriages fail , that means you can lose whole lot more money , or building a business , or punching somebody in the face , and eating raw oysters , all these things are forms of gambling.

But question is , how can you manipulate the odds , and how to make right choices and bets.
But yes , trading is just another form of gambling.

 

[schweiz]

Everything is gambling in life

Except the fact that we all will die with 100% certainty, that's not a gamble.

for instance 50 % of marriages fail

In general the outcome is that the man will lose a lot in this gamble, and the wife will gain a lot.

But yes , trading is just another form of gambling.

Outcome from gambles can go from almost never a win to almost always a win. But it always stays a gamble. Only the probability to win changes.

 

[MaxProfit]

When you don't have enough knowledge and tools - it's definitely gambling. When you equipped with both - it changes everything.

 

[themickey]

Wow nearly 1300 votes and "not gambling" by far the majority.
But as the majority are nearly always wrong that means trading is gambling.

 

[tomorton]

I tossed a coin and it came up heads, "Not Gambling" so that's what I've voted. Seems like a good strategy to me..............

 

[schweiz]

Wow nearly 1300 votes and "not gambling" by far the majority.
But as the majority are nearly always wrong that means trading is gambling.

A gambler always denies he is gambling. That's why he is a gambler. Just like most criminals in jail, who say from themselves that they are innocent.

About the votes: who voted for gambling probably is losing money and has no real working system to make profits. Who voted not gambling probably found how the market works and can take advantage of it.
If I would go fishing I would catch no fish, while an experienced fisher while catch at the same place and the same time a few fishes. Fishing is not gambling if you have the needed knowlegde to make the difference. Idem ditto for trading.