Is Trading Similar to Gambling?

[Maria]

A lot of people associate trading with gambling. That’s because just like with gambling, you make money based on your correct assumption. For example, you will win in roulette game if you can guess the correct number. Likewise, you will win in trading if your assumption on the assets becomes correct, for example, you bought Tesla stocks Apple stocks for $143.10 and you predicted that the value will go beyond $144 by the end of the day and your assumption becomes correct and you make money from this trade.

You make millions from gambling if your predictions are correct, and you also make millions from trading if your assumptions are correct. However, trading is not gambling even though these both activities are based on one simple strategy presumptions and assumptions.
When you are trading, you are trading assets, these assets are backed by real world activities. For example, you trade forex, foreign currencies are backed by governments; you trade stocks, and stocks are backed by the companies and businesses.

[Heatman]

I don't trading on cryptocurrency or Forex as gambling. The market is there for you to analyse and know how to trade based on the price movement.

If you get the price movement analysis well, you will go into trade with better chance of coming out with good profit.

[Shortie]

I wouldn't say that trading is similar to gambling as you are able to analyze before you make any trade so that it prevents you from gaining a loss.

With gambling, you are taking a risk and with that risk, there is always a chance you will lose but in some cases, you may be lucky and win.

Gambling is based on luck and being smart whereas trading is a lot different in that you analyze the situation before you make any trades.

[deucher]

It can be gambling only for those who do not have a strategy and a plan, because if you know all your actions in advance, then no gambling will take you after several disadvantages.