willy Posted January 14, 2013 Share Posted January 14, 2013 because they do not know any thing about forex and they thought forex trading depends on luck like gambling not depending on learning and technical analysis Quote Link to comment Share on other sites More sharing options...
pepy Posted February 13, 2013 Share Posted February 13, 2013 because they do not know any thing about forex and they thought forex trading depends on luck like gambling not depending on learning and technical analysis not at all, some of them just newbie who want to start trade and then get profit from their trading as fast as possible so that is why they see forex as gambling and trying to be a lucky traders who will get a lot of bucks just in short time without much technical analyzation. and also for some trader who loss huge money sometimes think forex as gambling because they are quite addictive Quote Link to comment Share on other sites More sharing options...
gaban Posted February 13, 2013 Share Posted February 13, 2013 Because they don't how difficult to make profit consistent. They just know someone can make money consistently and easily in forex. Behind it all, a trader must go through a long process and not as smooth as asphalt roads. So no wonder if many people have opinion that forex trading as gambling. Quote Link to comment Share on other sites More sharing options...
saibaba Posted February 13, 2013 Share Posted February 13, 2013 but my opinion it looks like like the gambling just we can see clearly that after investing some amount only we can trade the account and wasting for time in the forex if the trader have good knowledge also he?she anyways get loss one day,so i hope this is clearly i can say gambling by trading Quote Link to comment Share on other sites More sharing options...
tirus Posted February 13, 2013 Share Posted February 13, 2013 but my opinion it looks like like the gambling just we can see clearly that after investing some amount only we can trade the account and wasting for time in the forex if the trader have good knowledge also he?she anyways get loss one day,so i hope this is clearly i can say gambling by trading The line is drawn when it comes to the usage of knowledge and skills to trade with because with that you will be able to trade better. Trading without knowledge will just be the same as gambling because you dont know what you are doing and have no analysis to back you up on your trading endeavours. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 13, 2013 Share Posted February 13, 2013 @chintu, you are right many people have no knowledge or little know ledge about forex yet they went in to trade which is very risky so the proper and the best thing for any trader to do is to try and make sure that you learn forex very well before others things. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 27, 2013 Share Posted February 27, 2013 Forex is gambling if we lack proper knowledge or aim to triple our money in a day or two.Its undeniable that Forex is a risky and uncertain market though with proper learning and understanding we can increase our chances of making money in it. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 1, 2013 Share Posted March 1, 2013 In ffact, Trading and gambling are different things, so we can not equate the two to each other. We must have knowledge and experience in forex, and we need enough long time to be a successful trader here. Need patience to facing problems, not greed. We have to make analysis to get profit consistently and i usually use market news from my broker to help me. Quote Link to comment Share on other sites More sharing options...
budado Posted March 2, 2013 Share Posted March 2, 2013 Since forex trading is very risky many do think that forex is risky. In fact 90% of newbies end up losing money in forex a clear sign that forex indeed is very risky. But the longer we trade the more we can actually make profit and that's a good thing. Because in forex trading we really need to focus on the things we do if we want to make good income in forex. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted March 2, 2013 Share Posted March 2, 2013 And also they've think of it in every investments or when they do investing. Because, we know already that theirs really risks in those businesses and the fact that it's difficult to get rid of it and a truly investor knows how to handle or at least accept it's existence. Yet, Forex is simply a great potential of making profits after all. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted April 4, 2013 Share Posted April 4, 2013 People who want to make easy money or always look for ways to become rich quickly also perceive Forex in the same way. This tendency of people initiates them to gamble in the Forex market. They do not realize that money cannot be earned without efforts in Forex. Quote Link to comment Share on other sites More sharing options...
Achiever2015 Posted April 5, 2013 Share Posted April 5, 2013 Reason of loss and profit probability is not enough reasons to assume forex as gambling. This is because there is no business or investment that you're 100% sure you will make profit. Every investment has its risks. In gambling, you do not have any control or influence over your trade/investment - here you're at the mercy of events and circumstances. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 5, 2013 Share Posted April 5, 2013 That is because many people loss their money in forex, and also some people think the way of forex gain profit actually same like gambling, which predict how will be the market in some hours later or even in some months later, but actually forex is different than gambling, since forex have some good basic if we want to make prediction. Quote Link to comment Share on other sites More sharing options...
Achiever2015 Posted April 5, 2013 Share Posted April 5, 2013 That's true Trickster. Many assume that forex is gambling because of the loss (sometimes huge loss) experienced by some traders. I also think because of its virtual nature, people tend to think this way. When it comes to loss, all profitable investments come with loss as well. Quote Link to comment Share on other sites More sharing options...
bangcool Posted April 6, 2013 Share Posted April 6, 2013 Many people think forex as gambking because they didn't really know how to trade. They only want to make profit form the market without even want to learn anything. When they loss their investment, they will often blame forex and think that forex is just same like gambling business. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 16, 2013 Share Posted April 16, 2013 That's true Trickster. Many assume that forex is gambling because of the loss (sometimes huge loss) experienced by some traders. I also think because of its virtual nature, people tend to think this way. When it comes to loss, all profitable investments come with loss as well. But don't worry because forex is not really gambling even some people still classified it. Just focus with our trading activity. Gambling actually is something with forex, if we can earn money from forex with analyzation and related skills, but in gambling we earn with luck that we have. Quote Link to comment Share on other sites More sharing options...
savehouse Posted April 16, 2013 Share Posted April 16, 2013 Many people think forex as gambking because they didn't really know how to trade. They only want to make profit form the market without even want to learn anything. When they loss their investment, they will often blame forex and think that forex is just same like gambling business. Â well i think Forex trading has the same result like that of gambling,it either you win or lose and thats why people thing trading is a gambling but they is lots different when it comes to trading and gambling.trading need lots of analyzing and understanding before one can think of trading because profit making in trading forex is not easy. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 18, 2013 Share Posted April 18, 2013 Well many people see forex trading as gambling because they just refuse to learn some of them think that forex is a kind of market which traders can earn without much hardwork which is very much wrong Quote Link to comment Share on other sites More sharing options...
gaban Posted April 18, 2013 Share Posted April 18, 2013 But don't worry because forex is not really gambling even some people still classified it. Just focus with our trading activity. Gambling actually is something with forex, if we can earn money from forex with analyzation and related skills, but in gambling we earn with luck that we have. Â Yeah, forex is not gambling, but some trader sometimes trade like they're gambling, just rely on luck only. In fact, we can't get profit consistently if we just rely on luck only when trading. And like you said, we need skills to get profit. Quote Link to comment Share on other sites More sharing options...
standart Posted April 18, 2013 Share Posted April 18, 2013 Â well i think Forex trading has the same result like that of gambling,it either you win or lose and thats why people thing trading is a gambling but they is lots different when it comes to trading and gambling.trading need lots of analyzing and understanding before one can think of trading because profit making in trading forex is not easy. Â if gambling classification about win and lose only, can we count sport and offline trading as gambling? if yes, then actually every of our decision in life is gambling. but we will said no with it because there is big differences between gambling and business. I agree with you if trading is business where everything need deep analysis before take decision while gambling not need analysis, just rely on luck. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted April 18, 2013 Share Posted April 18, 2013 Forex is a real business. We need more than lucky to be success in this business. We need lots of knowledge and ability in analyzing the forex market. If you saidthis is a gambling, and you do forex as a gambling, you only need a luck here. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 19, 2013 Share Posted April 19, 2013 @post above I agree with you forex trading need our knowledge if we actually want to succeed in this business because all I can see is that forex trading is not a kind of business which you need to just trade but have good motivation towards your trade Quote Link to comment Share on other sites More sharing options...
arhabib Posted April 20, 2013 Share Posted April 20, 2013 There are some reason to take Forex trade as gambling. I think most people take it as gambling because there are two options one is loss and another is proffit. Evereybody should learn technical analysis carefuly. Otherwise Forex will be seemed like gambling. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 20, 2013 Share Posted April 20, 2013 Loss and profit should not make forex trading a gambling for sure yes this is very much true how can forex become gambling while the source to learn it is there I dont think so . Its just from traders imagination and decission that makes them see forex trading as gambling Quote Link to comment Share on other sites More sharing options...
pepy Posted May 14, 2013 Share Posted May 14, 2013 There are many reason but actually the most is because forex and gambling is all about predicting, even the way of forex to predict market movement is differen with the way some better predict head or tails , and some forex hater even called that some trader are dumb because they don't want to accept that forex is same just like gambling. Quote Link to comment Share on other sites More sharing options...
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