monyitomon Posted January 17, 2013 Share Posted January 17, 2013 There is just no guarantee of making profit in here that's why there are many who regarded Forex trading as a Gambling. So, I think if you put that in your mind because trading then I guess it will be easy for you to face those losses because you are quite prepared thinking that Forex trading is Gambling so it has some advantage. Quote Link to comment Share on other sites More sharing options...
rexway Posted January 17, 2013 Share Posted January 17, 2013 Well forex and gambling can never be the same because in forex we use our own money to do some prediction but in gambling here you have nothing so special to offer sometime you suffer the pain sometime you win there is nothing like prediction here is just that everything come under probability. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 18, 2013 Share Posted January 18, 2013 Yeah that's true.we have the power to control our success in forex but while in gambling luck takes over.it chooses whether to be in our favour or not.gambling likewise cannot be learnt.it rest solemnly on luck so guys gambling to me isn't the same as forex. Quote Link to comment Share on other sites More sharing options...
gaban Posted January 18, 2013 Share Posted January 18, 2013 for the gamblers it is gambling and for the honest traders it is business..so decide yourself..i know that initially you will test your luck with gambling in forex like me!..lol..but buddy..its worthless..follow the basics and be a successful trader little by little. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 18, 2013 Share Posted January 18, 2013 this is only the way of every people think about forex, also it is subjective thing, i think some people wil say forex is gamble since you have 2 option to sell or buy, and in here you trying to predict the market movement based on some indicator, and some people see this as gamble, this is not wrong while not right too, since they see forex from other side which i think other trader don't want to see too. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 19, 2013 Share Posted January 19, 2013 One thing is for certain for those traders who regarding Forex trading as Gambling may be still lacking of knowledge as they may not be doing their analysis as they will just try their LUCK in here so just like in Gamling you don't use your knowledge at all, so when you don't use knowledge in Forex trading so it's like the same. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 19, 2013 Share Posted January 19, 2013 Well i would still be standing my point and that is to say that forex isn't is gambling.The people that would be saying that forex is gambling are those that see forex from an unprofessional angle.A trader who has been trading for long wouldn't be saying such. Quote Link to comment Share on other sites More sharing options...
tirus Posted January 19, 2013 Share Posted January 19, 2013 One thing is for certain for those traders who regarding Forex trading as Gambling may be still lacking of knowledge as they may not be doing their analysis as they will just try their LUCK in here so just like in Gamling you don't use your knowledge at all, so when you don't use knowledge in Forex trading so it's like the same. Forex trading does involved an element of luck into it as well exactly as you saying much of which the same does apply when you are gambling. But you arecorrect in that in forex one has the advantage of using the knowledge and skills that they have gained in order to be more profitable by making the proper analysis before going into trades. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 20, 2013 Share Posted January 20, 2013 One thing is for certain for those traders who regarding Forex trading as Gambling may be still lacking of knowledge as they may not be doing their analysis as they will just try their LUCK in here so just like in Gamling you don't use your knowledge at all, so when you don't use knowledge in Forex trading so it's like the same. even people have good analysis they just get loss too, so sometimes it makes that forex just like gambling, i see some traders that already prepared themself trading but still loss even not big enough to make him loss all of his capital, for me forex still have gambling part, even not that much as real gambling Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 20, 2013 Share Posted January 20, 2013 People losing their funds shouldn't still be making them say that forex is gambling.sincerely when we lose in gambling we dont have much tn learn and even if we have something to learn,it may not be useful when we get to gamble the next time. Quote Link to comment Share on other sites More sharing options...
budado Posted January 20, 2013 Share Posted January 20, 2013 Forex is never been a gambling. Theirs so many ways to have chance to make profit in forex. Knowing how to trade and having good trading skills will give you a good chance of regular profit in forex trading. While gambling on other hand is only base on chance. You don't do analysis. You don't study strategy. You just open a position and hope that you make profit. Quote Link to comment Share on other sites More sharing options...
tirus Posted January 20, 2013 Share Posted January 20, 2013 People losing their funds shouldn't still be making them say that forex is gambling.sincerely when we lose in gambling we dont have much tn learn and even if we have something to learn,it may not be useful when we get to gamble the next time. You have put it well in saying that in gambling you rarely learn something that would be useful to you next time when you are gabling. In forex its the exact difference because when you come across losses you can learn from those losses so that you can avoid the same situation next time around. Quote Link to comment Share on other sites More sharing options...
chintu Posted January 22, 2013 Share Posted January 22, 2013 People losing their funds shouldn't still be making them say that forex is gambling.sincerely when we lose in gambling we dont have much tn learn and even if we have something to learn,it may not be useful when we get to gamble the next time. Â No we cant say forex as gambling because gambling is the worst business ever and you will not learn any thing from it and you no need to have any knowledge about it . so its better to have a good opinion on forex and that will encourage us to make some good profits with forex and that help us to make good profits . Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 22, 2013 Share Posted January 22, 2013 Sincerely why i would yet be saying forex isn't gambling any longer is majorly because guys tend to lose in gambling and the case ends there but when an individual losses in forex,he or she stands the chance of learning from the mistakes even if it is the slimest of it. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 23, 2013 Share Posted January 23, 2013 As for me Forex trading is not a Gambling at all because you may lose your money in here, but it's not like a Gambling because you tried to used your Knowledge and Trading Skills in here, but in Gambling most of the games there is no brain needed at all unlike in Forex trading. Quote Link to comment Share on other sites More sharing options...
protox Posted January 23, 2013 Share Posted January 23, 2013 If trade Forex without the basic idea, without know how to trade. Just place your luck on buy and sell. Yes, you are treating Forex like casino. But if you learn carefully, get the baisc idea of trading. Practicing with demo account, you are surely not treating Forex the right way. And it will not turn out like casino. Quote Link to comment Share on other sites More sharing options...
chintu Posted January 27, 2013 Share Posted January 27, 2013 I am sure that only the person who do not have a basic idea of forex will be thinking it as a gambling or casino but if they really enter into forex business then they will be knowing the depth in this forex business . i am sure that it is not at all possible to earn huge profits in casino but in forex you can earn huge profits with a very small initial investment . Quote Link to comment Share on other sites More sharing options...
Achiever2015 Posted January 27, 2013 Share Posted January 27, 2013 Forex is not gambling but people however gamble their trades in forex. What do you expect of a poorly equipped trader to do when he trades? Obviously he depends on luck. There are training and skill developments in forex, and infact you may know you'll win a trade. Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 28, 2013 Share Posted January 28, 2013 One thing we know here, we can use the gambling system to trade on forex. So, we will see how the result can be here. One indicator created from gambling system is the one called with martiangle system here. We just need to double our bet if it is on the gambling system. But keep on the same subject Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 28, 2013 Share Posted January 28, 2013 Sincerely i would still be standing to say that forex can't or shouldn't be compared with gambling.An individual still have a better chance to do well in forex than gambling.My question is is gambling learnable??The answer would be a capital NO. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 29, 2013 Share Posted January 29, 2013 It's true that when a trader is just depending on "Luck" then he may be regarding Forex trading as a Gambling because we know that Gambling is just all about Luck. But to be honest I am not regarding Forex trading as Gambling because we need knowledge, and Skills in here to do Forex trading. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 29, 2013 Share Posted January 29, 2013 We would totally be getting it wrong if we take forex as gambling.forex to me should be done with proper knowledge and application of skill at every single point of time.we should never be having the mindset of ever being lucky when we doing forex. Quote Link to comment Share on other sites More sharing options...
chintu Posted January 29, 2013 Share Posted January 29, 2013 We would totally be getting it wrong if we take forex as gambling.forex to me should be done with proper knowledge and application of skill at every single point of time.we should never be having the mindset of ever being lucky when we doing forex. Actually gambling is a very illegal business and i am sure that most of the countries have banned gambling in there countries . but forex is one of the legit business which will be taking place internationally , And the earning opportunity in forex are far better then in gambling so most of them prefer to go with forex and less with gambling . Quote Link to comment Share on other sites More sharing options...
pepy Posted February 3, 2013 Share Posted February 3, 2013 Actually gambling is a very illegal business and i am sure that most of the countries have banned gambling in there countries . but forex is one of the legit business which will be taking place internationally , And the earning opportunity in forex are far better then in gambling so most of them prefer to go with forex and less with gambling . both have same risk here and that is so bad if you really want to make them as same thing since i see that forex is different thing but not big difference, i only see slight difference between them and if someone think forex is a gamble that is according to his perspective and that is right we can see forex as gambling with that perpspective Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted February 3, 2013 Share Posted February 3, 2013 I think there is a wild gap between forex and gambling and why would i be saying that??it is majorly almost 100% luck when it comes to gambling which to me a large percentage of people even doing it end up losing their funds but in forex proper analysis would never be making you lucky. Quote Link to comment Share on other sites More sharing options...
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