StevenBendre Posted October 2, 2013 Share Posted October 2, 2013 Well, certainly It won't be the same as we always learn something from forex which we can't do in gambling. So I think it's more profitable to be in forex as well. That's why I just focus in Forex and I don't consider going into gambling at all. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 3, 2013 Share Posted October 3, 2013 Well, certainly It won't be the same as we always learn something from forex which we can't do in gambling. So I think it's more profitable to be in forex as well. That's why I just focus in Forex and I don't consider going into gambling at all. So do i. I also focus on forex, try to trade well here. Surely, i try to make good analysis, try to hone my management skills because we need those in forex trading. We can rely on luck if we wanna trade in forex and get maximal profit consistently. Quote Link to comment Share on other sites More sharing options...
euro Posted October 4, 2013 Share Posted October 4, 2013 You have more control in forex than in gambling so its not gambling unless you trade without knowing fundamental and why you trade then its just gambling. It can be gambling if the trader has no knowledge and just want to trade. Other than that, its a very controlled business where you can see your cards whereas in gambling you can't see the card that is coming to you and you will have to accept bad cards but in forex you can stop loss and exit bad cards. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 4, 2013 Share Posted October 4, 2013 I think forex different to gambling. I think there are no buy and sell in gambling, while there are sell and buy in forex trading. And for can generate profit in forex we need science. Without science, we would not make a profit. while gambling, whether we need science to be able to make a profit? Quote Link to comment Share on other sites More sharing options...
savehouse Posted October 5, 2013 Share Posted October 5, 2013 gambling is a waste of money,though they are some people making money by gambling but gambling is not as profitable as forex and this is why i think the best one can do is to learn about and not waste his money and time gambling because gambling can not make us successful but forex trading can make us succussful. Quote Link to comment Share on other sites More sharing options...
euro Posted October 5, 2013 Share Posted October 5, 2013 I think forex different to gambling. I think there are no buy and sell in gambling, while there are sell and buy in forex trading. And for can generate profit in forex we need science. Without science, we would not make a profit. while gambling, whether we need science to be able to make a profit? Its two different things gambling and forex. Forex is buying and selling, so you're right. But in forex, we can see the transactions transparently and less cheating whereas there are markedly apparent cheating in all gambling so its very risky due to cheating. Also, you can't stop loss your bad cards but you can stop loss a bad trade. You can leverage in forex so you can't do that in gambling and you pay heavy interest and need good credit in order to leverage. They're two different things. You can buy low and sell high in long term and gain but you can't do that in gambling. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 8, 2013 Share Posted October 8, 2013 Undoubtedly forex and gambling are not same and they can never be. There is big difference between forex and gambling. Gambling is completely luck based and forex is not like that. You need good knowledge also to get through it. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 8, 2013 Share Posted October 8, 2013 Indeed Forex is only gambling to all of those newbie who does not do any analysis. But if you do analysis you will not going to thing that what you are doing is gambling. In fact forex trading is really a good way to earn money if you just know what to do next. I'm happy that some how I'm earning in forex trading. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 8, 2013 Share Posted October 8, 2013 Well, Trading works on speculation and not certainty so you cannot expect to get your forecast right all the time. The best that one can do is to prepare themselves in order to get a better chance of winning the trades and therefore making profits in the process. The difference here is that you have a game plan to follow in trading. Quote Link to comment Share on other sites More sharing options...
euro Posted October 8, 2013 Share Posted October 8, 2013 Indeed Forex is only gambling to all of those newbie who does not do any analysis. But if you do analysis you will not going to thing that what you are doing is gambling. In fact forex trading is really a good way to earn money if you just know what to do next. I'm happy that some how I'm earning in forex trading. Its only gambling if you do not have any knowledge. Forex is so transparent and its unlike gambling where your cards are hidden and you can't use stop loss and you can't stop your bad cards from coming. You can stop anything you want in forex to reduce loss so that is the greatest thing about it. You only lose it all if you allow yourself to lose. There is not a lot of control in gambling but there are a lot of control in forex. We must use all sort of control in order to earn in forex. Quote Link to comment Share on other sites More sharing options...
sakai Posted October 9, 2013 Share Posted October 9, 2013 Well, if you don't know what will be the outcome then you are gambling with your money, because this is clearly a sign that you don't do any analysis. But if you do analysis you will know that the price is going to go up or going to go down and that's the reason why you going to open a position since you going to ride along with the current price range. Quote Link to comment Share on other sites More sharing options...
Samar Posted October 9, 2013 Share Posted October 9, 2013 We have to prepare ourselves with good knowledge and trading experience. By have it, we will not trading rely on luck only and always make analysis about the market movement before make order. We are not gambling in this way and although the result maybe not in our favor, at least, we already try hard to trading and not to gambling. In every trading business, impossible to always profit everyday. Quote Link to comment Share on other sites More sharing options...
StevenBendre Posted October 9, 2013 Share Posted October 9, 2013 About me, I confused about forex as form of gambling. I guess there's no one who could say for sure that forex is gambling or not a form of gambling. So it's going to depend on each of our belief. But for me I believe that forex is no gambling at all. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 12, 2013 Share Posted October 12, 2013 Gambling simply can be difficult to apply risks or have sort of management. We can say that all the times we are having big risks either win or lose; then, we are more likely to rely in our luck in gambling. Forex definitely give us way to lessen the risks so we will not just like gambling that all risks if you bet 100 dollars then, chances of losing it all at once in forex its not. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 12, 2013 Share Posted October 12, 2013 If you don't know how to trade it does not mean what you are doing is gambling. In fact if you don't know how to trade and still open a position what you are doing is not gambling but stupidly. Because even gamblers do use skills and do use analysis likes the odds of making profit and odds of losing. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 12, 2013 Share Posted October 12, 2013 I see that it is almost the same as gambling forex shape might be different next time. Because forex also need expertise, skill and luck to make a profit as well as gambling, but the difference in playing forex gambling we did not origin-origin to play but have to really understand what's going to happen next. Quote Link to comment Share on other sites More sharing options...
euro Posted October 13, 2013 Share Posted October 13, 2013 Well, it will also depend on who is trading. A gambler who just want to gamble will treat Forex like gambling so Forex is like gambling to them and there is no difference. But someone who see forex as a true career then its not gambling. Forex is in no way a gamble to me. I have like ten ways to reap profit from a trade so that is more chances than a gamble which is red and black or fifty fifty so the probability in forex is so much higher and therefore not a gamble and so much better than gambling. Quote Link to comment Share on other sites More sharing options...
StevenBendre Posted October 14, 2013 Share Posted October 14, 2013 There are some newbie jump into the real forex trading that may be said is a gamble because they only see the benefits that can be taken without knowing dariperdagangan forex trading the right way but if it's newbie terlkebih first practice using the demo account and are looking for a good trading system so they know how to do a good trade and it's certainly not true for their gambling. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 17, 2013 Share Posted October 17, 2013 Actually in forex we learn strategies which we don't learn in gambling. But forex is more like a business than a gambling. And so Forex is recognized as legal which gambling may not be depending in your place you are at. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 17, 2013 Share Posted October 17, 2013 I don’t think so. You will always come up with that if you don't know what you are doing because just like gambling you are just relying on luck, and not to your skills. The best thing you can do is to trade using a demo account because forex trading is not a gambling. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 17, 2013 Share Posted October 17, 2013 Indeed there is incorrectness of your words, for a newbie who does not know the true meaning of the forex they can say that forex trading with gambling, where we put our capital in a position and then wait to see if we win or not, it's the outline for newbie do not know the true meaning of forex. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 18, 2013 Share Posted October 18, 2013 Indeed there is incorrectness of your words, for a newbie who does not know the true meaning of the forex they can say that forex trading with gambling, where we put our capital in a position and then wait to see if we win or not, it's the outline for newbie do not know the true meaning of forex. yes, I think to get a good position, we also need knowledge and strategies. We can not guess each other. forex have knowledge. If you want to trade we win then we need to perform a variety of analyzes. In order to get the right position. With so then we will be successful trading. I think in gambling, we do not require analysis. We can guess the origin for win or not. Quote Link to comment Share on other sites More sharing options...
standart Posted October 21, 2013 Share Posted October 21, 2013 the most important in trading is analysis which enabling traders to get profit more than they are loss. when traders make effort to gain profit, or not trade blindly, they are trading. but when traders trade blindly and expecting luck to point out the result, they are gambling. and give them higher chance to loss only. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 29, 2013 Share Posted October 29, 2013 the most important in trading is analysis which enabling traders to get profit more than they are loss. when traders make effort to gain profit, or not trade blindly, they are trading. but when traders trade blindly and expecting luck to point out the result, they are gambling. and give them higher chance to loss only. I think that there is no similarity at all you are trading with forex and forex gambling because you are not advised to always rely with the use of gambling luck but then every day you depend on luck Quote Link to comment Share on other sites More sharing options...
standart Posted October 30, 2013 Share Posted October 30, 2013 Many people think that forex is gambling because future market uncertain. however, its different when we tried to conduct analysis and make profit probability higher than loss, with we are just guess and rely on luck to point out the result. traders who conduct analysis is trading. while for traders who rely on luck only mean they are just gambling. Quote Link to comment Share on other sites More sharing options...
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