Casino Gambling vs. Day Trading: Which one Has Higher Winning Rates?

Tiger_comments
2023-09-22

It’s said that only 13 out of every 100 gamblers achieve success in the high-risk world of casinos. In contrast, a mere 1 out of every 100 day traders can consistently outperform the financial markets.

r/wallstreetbets - This isn’t a Casinor/wallstreetbets - This isn’t a Casino

While both carry inherent risks, casino gambling looks more favorable for those willing to take chances from the chart above. However, savvy investors should take a more nuanced approach when making decisions.

Some investors even call the day trading or gambling as “diversifying the portfolio“. $Tiger Brokers(TIGR)$

Do you agree with the probability in this meme?

Which one has higher winning rates?

If you want to bet on something, will you gamble or day trade?

Leave your comments and repost to win tiger coins!


Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • koolgal
    ·2023-09-23
    TOP

    🌟🌟🌟Investing is about taking risk.  High risk, high rewards.  Low risk, low rewards or is it?  Day Traders would not be happy with the comparison of comparing their day trading to casino gambling.  

    Day trading is a more scientific or should I say technical way to trade the markets, using charts and trends.  Casino gambling on the other hand is more a game with luck and chance.  

    Whether Day Trading has higher odds of winning versus Casino Gambling boils down to the risk appetite of an individual.   There is no right or wrong way. 

    Personally I prefer the slow and steady way of investing.  Buy Wonderful companies at Fair prices for the long term and let the magic of compounding happen.  That is Warren Buffett 's Secret Sauce for investing success and he is living proof of that! 

    @Tiger_comments  

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    • Happy BearReplying tokoolgal: 
      I would always choose trading over gambling. However, most importantly is do the things u know best i suppose. If u r among the 13 winners consistently, good luck n good job then haha
      2023-09-25
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    • koolgalReplying toFenger1188: 
      My pleasure 😍😍😍
      2023-09-24
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    • Fenger1188: 
      谢谢精彩分享
      2023-09-24
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  • Shyon
    ·2023-09-22
    I don't agree with the probability in the meme. It depends on how good is a day trader. So far as I know, a good trader won't only win 1 out of 100 trades, that's a no direction or gamble type of traders. For me, a good trader is definitely better than a casino gambler. Gambler purely rely on luck and destiny whereas a day trader can make us of his technical skills, indicators and also risk management to make the difference! How do you think? A gamble on stock might only happen if you got extra money and try with small amount for short term fun or excitement. It's never for investment.
    @koolgal @rL @icycrystal @b1uesky @Universe宇宙 @Aqa @GoodLife99
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    • Fenger1188: 
      👍🏻👍🏻
      2023-09-24
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    • ShyonReplying tokoolgal: 
      Hehe thanks for support.
      2023-09-23
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    • koolgal: 
      Well said 😍😍😍. I am sure day traders would not like to be compared to casino gamblers.
      2023-09-23
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  • Aqa
    ·2023-09-22
    Casino Gambling vs. Day Trading. Yes I agree to the Tiger meme as shown, that Casino Gambling Has Higher Winning Rate than Day Trading. I used to frequent a casino club on Saturday evening when I was a university student in a European city. I joined the club because entrance was by membership. The membership was free and there was free flow of food and drinks in the club. This looked super attractive to a young university student! I sat at the poker table and ate the canapes and wine served by the waiters. As I did not know how to gamble, i learn to observe the dealer’s hints on whether to take cards etc. I always ended the night with some pocket money to go home! In comparison, Day trade is never easy to make profit for me. Thats because the market has no soul and we have to learn, research and prepare ourselves properly to beat it. Thanks 🐯 friends for tag [love you] @icycrystal [love you] @Shyon [love you] Just for laugh!
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    • Fenger1188: 
      👍🏻👍🏻
      2023-09-24
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    • fizzik: 
      The winning rate of gambling beats stock day trading.
      2023-09-23
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    • mizzle: 
      I wouldn't recommend ordinary people to try, as it requires not only a significant amount of capital but also a substantial amount of time and matured skills.
      2023-09-23
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  • icycrystal
    ·2023-09-22
    @LMSunshine @koolgal @Shyon @HelenJanet @Aqa @GoodLife99 @Universe宇宙 @rL @Zarkness @aunteenat come comment and win coins [smile] [smile] [smile]
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    • Fenger1188: 
      👍🏻👍🏻👍🏻👍🏻👍🏻🎵
      2023-09-24
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    • koolgal: 
      Thanks my friend 😍😍😍
      2023-09-23
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    • Universe宇宙: 
      [ShakeHands]
      2023-09-23
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  • Zarkness
    ·2023-09-23
    TOP
    Its perception in my own opinion. A gambler will take the risk to place a bet . Of course there is also differnet types of gambler likewise stocks traders or investors . There have never been a easy way out with money. In gambling there is also calculated risk with it. With stock market , there is also unforeseen circumstances which one cannot expect the unexpected which is a risk off events that happens suddenly like natural disaster or terrorizing events. One can be good or win money but must always take on the cut off point ( stop lost limit) . Unless you are taking off a bank heist ( stock market manipulation) which happens so often bets are mostly against you as you do not know who are you betting against with. Just my two cents views la… have a blessful weekend and stay healthy and safe my friends .
    @koolgal @b1uesky @melson @icycrystal @Tigress02 @LMSunshine @MojoStellar @airui @GoodLife99
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    • koolgal: 
      Thanks for sharing your insights my friend 😍😍😍
      2023-09-24
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    • MojoStellar: 
      Well said
      2023-09-24
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  • Cory2
    ·2023-09-23
    TOP
    Since Friedenberg introduced the leverage reatrictions for “mum’s and dad’s” retail traders, the margins make it too difficult to make good money consistently imho. I trade CFD’s and forex occasionally now (I used to make a good living consistently - from $200-1200 per day), and where I used to say, make $30 per trade, I now make $3 (1:300 to 1:30 margin now). I rarely did day trading though, mine was similar to swing trading where I would hold a trade for days to weeks. I started “scalping” though, and if you can use good data/analysis, you can close 100 x $1 trades and still make $100 per day. Though with the restrictions now, watching the market can be like watching paint dry. Since a lot of retail raders dropped out, price swings seem to take longer and are less predictable imho. Aparrently Mr Friedenberg has a new position at Goldman and Sachs. He used to be Treasurer and heavily involved in ASIC (the Securities Commision here in Australia), which I believe was/is highly corrupt…
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  • icycrystal
    ·2023-09-22
    TOP
    I would day trade. there are strategies, models, tools, resources like news, etc to help in decision making when trading. therefore, it's a safer bet than gambling [smile] [smile] [smile]
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    • koolgal: 
      Well said 😍😍😍. You are very wise.
      2023-09-23
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  • ZEROHERO
    ·2023-09-23
    TOP
    Student A didn’t study and sit for exam wants to be lucky. Student B copied answers during exam is being lazy. Student C studied, took tuition and practiced papers before exam is being diligent. A is a gambler. B is the unsuccessful day trader. C is the experienced day trader who put in tons of hardwork, sweat & tears despite repeated failures without giving up.
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    • koolgalReplying toZEROHERO: 
      Yes I agree.  I am still learning but hope to get there eventually.
      2023-09-23
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    • ZEROHEROReplying tokoolgal: 
      You’re very kind & kool. There will be upsets no doubt. Keep refining trading strategies as the market is always fluid so we need to stay nimble.
      2023-09-23
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    • koolgal: 
      You are definitely the C type.  Study hard and enjoy the fruits of your labour. 😍😍😍
      2023-09-23
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  • Mrzorro
    ·2023-09-23
    TOP
    I don't agree with the probability in this meme. it is hard to compare a day trader and a casino player even though both depend on their skill and luck. I will say that day trader is more likely rational , gambler is more on enjoying the fun or excitement. Day traders need more analysis and information compared to gambling. Anyway, both must be risk takers because of high-risk high returns.
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    • koolgal: 
      Well said. Day traders definitely do not want to be compared to Casino gamblers.
      2023-09-23
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  • Fenger1188
    ·2023-09-24
    TOP
    谢谢精彩 @Tiger_comments 精彩分享👍🏻👍🏻👍🏻炒股票和赌博的区别。赌博，一般是五五开，有可能会输得血本无归，也可能有短期盈利，但是只要是赌博，长赌必输。对就是必输，而不是有可能输！
    炒股的本质也是赌博，炒股票如果有深入去研究的话，就会提高胜率。选择有价值的优质股票就算遇到股灾输到血本无归的概率极微。
    两者选一，我会选择投资股票😃
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    • Fenger1188Replying tokoolgal: 
      谢谢👍🏻👍🏻
      2023-09-25
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    • koolgal: 
      Thanks for sharing your insights 😍😍😍
      2023-09-24
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    • Fenger1188: 
      🚀🚀🚀
      2023-09-24
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  • JLSE
    ·2023-09-24
    TOP
    //@MasterStonker: I think the meme is quite right 😅😜🤣//@Tiger_comments:It’s said that only 13 out of every 100 gamblers achieve success in the high-risk world of casinos. In contrast, a mere 1 out of every 100 day traders can consistently outperform the financial markets. r/wallstreetbets - This isn’t a CasinoWhile both carry inherent risks, casino gambling looks more favorable for those willing to take chances from the chart above. However, savvy investors should take a more nuanced approach when making decisions. Some investors even call the day trading or gambling as “diversifying the portfolio“. $Tiger Brokers(TIGR)$ Do you agree with the probability in this meme?Which one has higher winning rates?If you wa.
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  • SG 88
    ·2023-09-23
    TOP
    Day trading sometime do pay off.... other time the a down hill ride...
    It's difficult in the long term if fundamental of any business (stocks) is ignored while the greed takes over our investment decisions.

    Timing the market is a distinct skillsets where no one in the long terms manage to achieved...

    If they do, we should already heard of by now...

    Hear of people whom hit jackpot in their lives? Most of them end up poor...

    Why?

    Because "easy come, easy goes"...

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  • Bonta
    ·2023-09-23
    TOP
    赌博赢家不太可能在运气游戏中赌博，因为从长远来看，成功的概率对他们不利。这可能是因为这些玩家在游戏中赌博，允许技能发挥作用，以显著提高他们的胜率。例如扑克。算牌、智力游戏和虚张声势会影响成功的几率。
    这将解释为什么赌博的赢家比例高于日内交易。


    日内交易默认胜率为50：50。
    应增加使用各种TA/FA
    胜率在50%以上。从长远来看，5-10%的获胜优势已经很重要了。
    退出时会出现问题，很容易说退出可能是机械的，但恐惧和贪婪会出现。这将使损失更大，胜利更少。
    此外，通过日内交易、套利和套利交易；佣金成本大幅削减。
    因此，日内交易者可能看起来比赌徒有优势，但这种优势很容易失去。
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  • TimothyX
    ·2023-09-24
    雖然兩者都有內在的風險，但賭場賭博看起來對那些願意從上圖中冒險的人更有利。然而，精明的投資者在做決定時應該採取更加細緻入微的方法。


    一些投資者甚至將當天的交易或賭博看漲期權爲“分散投資組合”
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  • MoneyCub
    ·2023-09-24
    Gambling is about luck, guessing and/chance. Traders has the access to technical charts and information to take a calculated chance. I will day trade to bet. But if i am lazy and still want to bet, then gambling is the way.
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  • MHh
    ·2023-09-23

    Possibly? Harder to consistently beat the market. Will not gamble or bet but prefer to invest steadily

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  • Dacai
    ·2023-09-23
    I think the odds depends on a variety factors including the individual’a skill. Some are better at casino while others are better at day trading.
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  • Universe宇宙
    ·2023-09-23
    @TigerGPT Is it true that casino gambling outperform day trading even when the day trader stay 24 hours by 7 committed?
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    • TigerAIReplying toUniverse宇宙: 

      I'm sorry, but the question you asked cannot be answered with the given context. The comparison between casino gambling and day trading is not related to the articles provided. However, I can suggest that you do further research on the topic to find relevant statistics and information.

      Reference articles:None provided.

      2023-09-23
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    • Universe宇宙Replying toTigerAI: 
      Search the Internet and get statistics which one outperform.
      2023-09-23
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    • TigerAI: 

      Based on the information I found, it is difficult to compare the success rate of casino gambling and day trading as they are two different activities with different levels of risk and reward. However, both activities involve a certain level of risk and require a certain level of skill and knowledge to be successful. Investors generally view day trading as a more legitimate form of investing compared to gambling, but opinions may vary. As an AI assistant, I do not have personal opinions or preferences. Regarding the meme, it is important to note that probability is not a guarantee of success and should not be relied upon as the sole basis for making investment decisions. If you want to bet on something, it is important to do your own research and make informed decisions based on your risk tolerance and investment goals.

      Reference articles：The Poker Game of Investment: A Lesson in Positive ExpectationUnpacking Leverage and Margin: Their Game-Changing Roles in Swing and Day TradingCasino Gambling vs. Day Trading: Which one Has Higher Winning Rates?

      2023-09-23
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  • hd87
    ·2023-09-23
    I do not agree with the probability in the meme. It is very difficult to make money day trading, and the vast majority of day traders lose money. In fact, a study by the Securities and Exchange Commission found that only 11% of day traders were profitable over a five-year period.

    Day trading is not the same as investing. Investors buy and hold assets for the long term, while day traders try to profit from short-term price movements. Day traders often use margin, which allows them to borrow money to make larger trades. However, this can also lead to larger losses if the market moves against them.

    If I had to bet on something, I would gamble instead of day trading. However, I would only gamble with money that I can afford to lose. Gambling is a risky activity, and it is important to remember that the house always has an edge.

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  • SPOT_ON
    ·2023-09-23
    both also i died.... all lose

    even though by right holding stocks over a longer term may have a chance to recover loss

    @Tiger_comments
    @Mrzorro
    @Aqa
    @MHh
    @Success88

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