Bagus 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. maybe they do not understand how to do this trade so they think that forex is a gamble that's why I think it will be very important in this trade before they are involved in the trade must seek to understand the trade well Quote Link to comment Share on other sites More sharing options...
gaban Posted November 12, 2013 Share Posted November 12, 2013 In my opinion, what distinguishes the forex trading with gambling is good money management. In gambling, we do not need a good money management. But forex, we need good money management. If we make trades without good money management, then forex trading is tantamount to gambling. Quote Link to comment Share on other sites More sharing options...
euro Posted December 22, 2013 Share Posted December 22, 2013 If you really analyze it then its not the same but if you trade on a bad day then losing is just as quick as in gambling so beware. Its very difficult to trade in a bad day or to trade overall. Also it depends on what brokers you trade with too. It just seems that some brokers will make you lose and lose and lose and there is nothing you can do about it. I think they might hedge against you. So beware of many market conditions that makes you lose. The losing is just the same in gambling. Quote Link to comment Share on other sites More sharing options...
screw_twizz Posted January 1, 2014 Share Posted January 1, 2014 Forex trading is usually betting if you don't really know what you do in forex trading. Yet for those who have ability and know the fundamental forex trading rules and methods next you aren't betting the investing. this is why all of us phone our-self merchants but not bettors in forex trading. Because if all of us state all of us risk in forex trading next all of us phone the self bettors. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 8, 2014 Share Posted January 8, 2014 Do many people try to relate this two thing a lot but to me, they are entirely different things. Gambling is just a game while Forex is a business. That I'd where the bulk of the difference come. No doubt, they might be sharing a lot of things in common but they are simply not the same. For example, I am yet to see someone who takes gambling as his means of earning. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 8, 2014 Share Posted January 8, 2014 Do many people try to relate this two thing a lot but to me, they are entirely different things. Gambling is just a game while Forex is a business. That I'd where the bulk of the difference come. No doubt, they might be sharing a lot of things in common but they are simply not the same. For example, I am yet to see someone who takes gambling as his means of earning. Quote Link to comment Share on other sites More sharing options...
Rayyanviper Posted January 8, 2014 Share Posted January 8, 2014 I believe that Forex and gambling cannot be the same. In Forex business, you make use of your experience and skills whereas in gambling most of the time you need luck only, except in some markets where you have to use experience and skills. Despite Forex is a risky job, it is not as risky as gambling. If you know very well about Forex trading then there are much chances of making profits and people do get rich with Forex only, whereas I don't know much people who got rich with gambling only. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 9, 2014 Share Posted January 9, 2014 Forex and Gambling are not the same. Gambling is a game of chance with expectations to make huge sums of money. The underlying effects (panic, fear, greed, anxiety, e.t.c.) are the same but much greater for gamblers. Unfortunately some Forex Trader trade the market in a gambling manner, which is wrong. Forex trading requires lots of intellect and experience. If you are right you are right and if you're wrong you're wrong. Gambling is not a good investment as it can be addictive lacks moral ethics. Quote Link to comment Share on other sites More sharing options...
standart Posted January 23, 2014 Share Posted January 23, 2014 in gambling, profit and loss chance will always remain 50/50. while in trading, traders can make profit chance or probability higher than 50%. with analysis and knowledge about market, traders can predict the next price movement outcome in accurate way. so, traders not necessary to rely on luck to point out the outcome. because they are not guessing. Quote Link to comment Share on other sites More sharing options...
Stekin Posted January 24, 2014 Share Posted January 24, 2014 Forex and gambling are not the same thing but they look like they are the same thing. Forex will give a trader the chance to make profit more than gambling because gambling is a lucky game. When a gambler is gambling, he or she is depending on luck. When a trader is trading he or she is depending on the analysis. Quote Link to comment Share on other sites More sharing options...
Decub Posted February 19, 2014 Share Posted February 19, 2014 Gambling and trading in Forex draw very opposing lines If you come to the real sense of it. It will be pretty difficult for a gambler to rely on gambling for a living because he knows that that which control the game is simply based on luck rather than skills. Quote Link to comment Share on other sites More sharing options...
adil007 Posted February 19, 2014 Share Posted February 19, 2014 No I would not agree with this point that forex trading and gambling are the same, forex trading is in means of investment same with gambling other than that I do not think that there would be any other similarity in gambling we only need money to invest not any other much knowledge, forex is more harder than gambling as well. Quote Link to comment Share on other sites More sharing options...
standart Posted February 20, 2014 Share Posted February 20, 2014 the chance to manage the risk of losses make forex different with gambling. traders can get loss result but if they are open position according to the trend, have chance that loss result turn to profit. while in gambling, once we are get loss, we loss. not negotiable. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 Forex trading and gambling can never be the same so what I know is that if you just want to get something that is good then accept learning when you accept learning then you can easyly get succees easyly as compare to when you dont have knowledge gambling is just a luck base game Quote Link to comment Share on other sites More sharing options...
Decub Posted February 26, 2014 Share Posted February 26, 2014 @standart, I think that's really one of the main points to behold. There is no chance to manage risks when it comes to gambling while in Forex, you can still control and manage your risks well and make a better outcome when it comes to results. Trading in Forex is just parallel to gambling because gambling is a winner takes it all thing. Quote Link to comment Share on other sites More sharing options...
standart Posted March 10, 2014 Share Posted March 10, 2014 we all deal with possibilities which it could turn to profit or loss result. basically all trading business could be gambling. though we are manage the risk, we has chance to get loss still. the only way to make it different is we has a plan and strategy before make decision. and not just guessing. Quote Link to comment Share on other sites More sharing options...
Decub Posted March 12, 2014 Share Posted March 12, 2014 There are so many ties binding them together which might make one assume to a great extent that the both of them are of the same way but in the real sense, a lot of difference abound too. Yes, it's all about probabilities and the ability or tendency to lose but not all really lose out of it completely the way it is in gambling. Quote Link to comment Share on other sites More sharing options...
somupriti Posted March 21, 2014 Share Posted March 21, 2014 It has been a general concept of many people on Forex that Forex is gambling where as some people say that Forex is betting and few say that Forex is like stock market, but they are completely different to each other in many respects. May be it is true that there is a role of luck in all of them still they have grate difference in them both in presumption, speculation, calculation, statistical analysis and many more factors too. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted March 22, 2014 Share Posted March 22, 2014 Both are different thing. Do we need have analyzing skills and managing skills in gambling? I think gambles just rely on luck only. They do not control themselves, control their emotions. Forex trading is better than gambling. We also do not need to trade if we invest our money in PAMM account to earn money. And we also must improve our trading skills if we want to get maximal result. I also improve my skills by taking part in demo contest by maximizing demo account from TenkoFx. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 24, 2014 Share Posted March 24, 2014 gambling just by luck, but not forex. If we do forex trading just by luck then we can get a lot of losses. We have to do a good trading analysis if he wanted to benefit from forex. for that, we must always learn and practice trading. Quote Link to comment Share on other sites More sharing options...
tray22 Posted March 24, 2014 Share Posted March 24, 2014 Forex trading is never a gambling in forex you need to do analysis and focs on more training while in gambling what you do is for you to take advantages of how to predict and that is all if you cant predict how the market work forget Quote Link to comment Share on other sites More sharing options...
gaban Posted June 17, 2014 Share Posted June 17, 2014 for me forex and gambling it is very different. to be able to get profit from forex, we need to have a lot of skill and a good trading psychology to make good trading analysis while gambling, we do not need to analyze it to make a profit. and gambling, it does not have a science while forex having science Quote Link to comment Share on other sites More sharing options...
kaito kid Posted June 17, 2014 Share Posted June 17, 2014 for me forex and gambling it is very different. to be able to get profit from forex, we need to have a lot of skill and a good trading psychology to make good trading analysis while gambling, we do not need to analyze it to make a profit. and gambling, it does not have a science while forex having science 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...
letter5 Posted June 18, 2014 Share Posted June 18, 2014 well i dont think that forex trading is the same as a gamble but though they look like a little bit but if you look at it you will see that gamble is much risk than a forex trading. Quote Link to comment Share on other sites More sharing options...
sasuyas0ri Posted June 28, 2014 Share Posted June 28, 2014 Trading forex and gambling will not be the same. Forex is trading. U sell something (others called it 'open position). Then close it at some interval time. Gambling is betting. You put some money to bet a possibly depend on luck. Â So, there's a big solid difference between them. Quote Link to comment Share on other sites More sharing options...
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