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

T28. There are MANY other types of trading than just taking directional bets (calling heads or tails). e.g straddles, strangles and options. For the basic day trader who is just guessing which way the market will move, I agree its gambling. But once you get into more complex trading, you can remove risk and you deal in the realms of known costs. Not gambling

 

Semantics... a bookie does the same thing... a pro gambler too

 

Really? If I sell you a widget for 1$, the same instant I buy another widget for 0.50$. is that gambling?

 

trading is only gambling when a person does not know what they are doing.

 

And THEN.....you double on the side that is for you with a 50% BE...no "gamble" left...It's the getting there and the time on your side thingie...

to sweeten the pot...you play both sides in the ebbs and flows and have a perpetual "not Gambling" ATM...

 

Thats what traders tell themselves to feel good about gambling

 

Semantics again, offsetting bets

 

Where is the bet? Im not taking a directional view on which way the price of the widget will go? I could'nt care less if it goes up or down.

 

Neither do bookies

 

ahhh...so you agree...Trading can be :"not Gambling"