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
    它的感知在我自己看来。赌徒会冒险下注。当然，也有不同类型的赌徒，股票交易者或投资者。用钱从来没有简单的出路。在赌博中，也有计算好的风险。对于股票市场，也有不可预见的情况，人们无法预料的意外，这是一个突然发生的事件的风险，如自然灾害或恐怖事件。一个人可以很好或赢钱，但必须始终采取截止点（止损限制）。除非你正在进行一次银行抢劫（股票市场操纵），这种情况经常发生，否则赌注大多对你不利，因为你不知道你在和谁打赌。只是我的两美分观点洛杉矶…有一个幸福的周末，保持健康和安全，我的朋友。
    @koolgal @b1uesky @melson @icycrystal @Tigress02 @LMSunshine @MojoStellar @airui @GoodLife99
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    • koolgal: 
      谢谢你分享你的见解，我的朋友😍😍😍
      2023-09-24
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    • MojoStellar: 
      井说
      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
    學生A沒有學習，沒有參加考試，他想走運。學生B在考試中抄襲答案是懶惰。學生C在考試前學習、補習和練習論文都很勤奮。A是個賭徒。B是不成功的日內交易者。C是經驗豐富的日內交易者，他付出了大量的努力、汗水和汗水。淚流滿面，儘管一再失敗，但沒有放棄。
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    • koolgalReplying toZEROHERO: 
      是的，我同意。我仍在學習，但希望最終能成功。
      2023-09-23
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    • ZEROHEROReplying tokoolgal: 
      你真好。庫爾。毫無疑問會有冷門。不斷完善交易策略，因爲市場總是不穩定的，所以我們需要保持敏捷。
      2023-09-23
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    • koolgal: 
      你絕對是C型。努力學習，享受你的勞動成果。😍😍😍
      2023-09-23
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  • Mrzorro
    ·2023-09-23
    TOP
    我不同意這個迷因中的概率。很難比較日內交易者和賭場玩家，儘管他們都依賴於他們的技巧和運氣。我會說日內交易者更可能是理性的，賭徒更喜歡享受樂趣或刺激。與賭博相比，日內交易者需要更多的分析和信息。反正兩者都必須是冒險者，因爲高風險高回報。
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    • koolgal: 
      說得好。日內交易者絕對不想被比作賭場賭徒。
      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
    Gambling winners are unlikely to be gambling in games of luck as the probabilty of success is stacked against them in long run. It could be that these players are gambling in games that allows skills to kick in to boost their win rates significantly. Example will be poker. Card counting, mind games and bluffing will affect the odds of success.
    This will explain why the proportion of winners for gambling is higher than day trading.


    Day trading by default win rate is 50:50.
    Using various TA/FA should increase
    Win rate to be above 50%. 5-10% winning edge is already significant in long run.
    Issues comes when exiting, its easy to say exits can be mechanical but fear and greed sets in. Which will make losses bigger and wins lesser.
    In addition, with day trading, arbitrage & commission costs cuts deep.
    Hence, day traders may look like they have an edge over gamblers, but the edge can be easily lost.
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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
    賭博關乎運氣、猜測和機會。交易者可以接觸到技術圖表和信息來把握機會。我會用日交易來下注。但如果我很懶，還想賭，那麼賭博就是辦法。
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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
    我认为几率取决于多种因素，包括个人的技能。有些人更擅长赌场，而有些人更擅长日内交易。
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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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