letter5 Posted June 29, 2014 Share Posted June 29, 2014 i knows that forex trading and gambling are not the same but they look like because you might loose when trading like wise with gambling but i think that forex is better. Quote Link to comment Share on other sites More sharing options...
adil007 Posted June 30, 2014 Share Posted June 30, 2014 Well I think that if these two platforms were same then more people would have been into gambling because they would not have had to make a lot of effort to earn like people have to do in forex trading so this thing tells that they are different. Quote Link to comment Share on other sites More sharing options...
budado Posted July 3, 2014 Share Posted July 3, 2014 Since in gambling we rely only on luck and in forex trading we do analysis. Its more on calculated risk in real account forex trading than in relying on luck on gambling. So for me its not the same. The chance of making money is much much higher in real account forex trading than gambling. And the odds of making profit is really much higher in here. Quote Link to comment Share on other sites More sharing options...
TenkoFx Posted July 3, 2014 Share Posted July 3, 2014 Forex is gambling if you don't know what you are doing in forex trading. But if you have skills and know the basic forex trading rules and strategies then you are not gambling your trading. that's why we call ourself traders and not gamblers in forex trading. Because if we say we gamble in forex then we call ourself gamblers. Let take 30% deposit Bonus + 5 USD take survey Bonus Quote Link to comment Share on other sites More sharing options...
gaban Posted July 7, 2014 Share Posted July 7, 2014 Forex is gambling if you don't know what you are doing in forex trading. But if you have skills and know the basic forex trading rules and strategies then you are not gambling your trading. that's why we call ourself traders and not gamblers in forex trading. Because if we say we gamble in forex then we call ourself gamblers. Let take 30% deposit Bonus + 5 USD take survey Bonus  Yes, forex is a gamble if we do not have the skills and knowledge of good trading. For that, we need to have the skills and knowledge of good trading so that we can make trading analysis. so we are able to obtain maximum results and forex trading is not inclined to gamble Quote Link to comment Share on other sites More sharing options...
Decub Posted July 7, 2014 Share Posted July 7, 2014 Gambling and Forex are not the same thing because gambling is about predicting with luck as the main base where Forex requires you to analyze first. It is only after a careful analysis that the trader can beat his chest and say get has really made it in his own way. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 29, 2014 Share Posted October 29, 2014 Gambling and Forex are not the same thing because gambling is about predicting with luck as the main base where Forex requires you to analyze first. It is only after a careful analysis that the trader can beat his chest and say get has really made it in his own way. Even with careful analysis you will still loss, if what i said isn't true then all of those experts will never loss even for single dime in their own pocket. Forex and gambling in basic is same, but actually different since forex has better management compared to gambling. Quote Link to comment Share on other sites More sharing options...
TenkoFx Posted October 30, 2014 Share Posted October 30, 2014 In forex trading there are equal chances of profit and loss. Forex trading is proper business which needs complete knolwedge, skills and experience for success. In this business, you have can only succeed if you work hard with full devotion. A trader can suffer loss if has not training or proper experience. Forex trading is a global business with trillion dollars daily transactions. So i do not think that forex trading is a gambling. It is a proper business with profit and loss chances. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 31, 2014 Share Posted October 31, 2014 In forex trading there are equal chances of profit and loss. Forex trading is proper business which needs complete knolwedge, skills and experience for success. In this business, you have can only succeed if you work hard with full devotion. A trader can suffer loss if has not training or proper experience. Forex trading is a global business with trillion dollars daily transactions. So i do not think that forex trading is a gambling. It is a proper business with profit and loss chances. That is right, there is equal chance for traders to loss or win the trading. I think this is the key of gambling and forex difference, but you also forget that forex is like gamble, in gambling we are trying to predict what is the outcome generally, and forex also trying to predict the trend, isn't it? Quote Link to comment Share on other sites More sharing options...
gaban Posted November 3, 2014 Share Posted November 3, 2014 gambling with Forex is much different. if the gamble we do not need a good analysis of the other case with forex. in forex trading we need a good analysis to determine where the market will move. so we are able to trade well. but if we do with gambling so that of the forex trading no different than gambling Quote Link to comment Share on other sites More sharing options...
myregister Posted November 4, 2014 Share Posted November 4, 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. I do agree with you in this case, how can it be we depend on luck in forex, even this business is risky something like luck is something which is irrelevant. Traders with better skils should be believe that luck isn't or only playing very small role for us. Forex isn't same because it based on reasonable prediction while gambling is all about guessing and luck. Quote Link to comment Share on other sites More sharing options...
adil007 Posted November 27, 2014 Share Posted November 27, 2014 Forex and gambling cannot be the same thing in my view, we have to do a lot of work and do a lot of practice as well as but in gambling we can earn dependent on none of these but pure probability and our luck. so we should not think of them as same since not only this we have to stay connected to market if we want to earn in forex trading. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 28, 2014 Share Posted November 28, 2014 It has some parts, and if you don't know let me show you. Forex is about predicting and trying to know the price will rise or fall, the gambling is same, it is about predicting if what we betting will be the one which coming out, but overall forex have more differences than similarities with gambling Quote Link to comment Share on other sites More sharing options...
adil007 Posted December 2, 2014 Share Posted December 2, 2014 It has some parts, and if you don't know let me show you. Forex is about predicting and trying to know the price will rise or fall, the gambling is same, it is about predicting if what we betting will be the one which coming out, but overall forex have more differences than similarities with gambling Forex is something in which we can control our losses and our gains but we cannot do this in forex trading, neither do we need to like do that much research when we are gambling and gambling can be done on anything unlike forex trading which is restricted to currencies and metals. Quote Link to comment Share on other sites More sharing options...
Decub Posted December 4, 2014 Share Posted December 4, 2014 Forex and gambling are not the same and they can never be the same. They have different principles and bases which they operate and there is no way they can stand on same ground. Trading in Forex is an entirely different thing that has a different phase with that of gambling in other to follow out. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 4, 2014 Share Posted December 4, 2014 Forex is something in which we can control our losses and our gains but we cannot do this in forex trading, neither do we need to like do that much research when we are gambling and gambling can be done on anything unlike forex trading which is restricted to currencies and metals. Huh? you said before that forex is something in which we can control our losses and gains but you said later we can't? Foreign Exchange actually has some parts but not as much as you think, like you said about controlling it is one of the different fundamental of Foreign Exchange and Gambling. Quote Link to comment Share on other sites More sharing options...
TenkoFx Posted February 5, 2015 Share Posted February 5, 2015 A very useful technique which can enhance your trading and lessen the gambling aspect involves assessing the risk reward ratio. Computing the risk reward ratio basically involves comparing the risk that you are willing to assume to the projected return you expect to make on any given trade. Analyzing the risk reward ratio on every forex trade may require a bit more effort than just determining the upwards or downwards direction for a currency pair. Nevertheless, your overall success will be more consistent, and this will improve your chances of achieving success as a forex trader over the long term. Quote Link to comment Share on other sites More sharing options...
standart Posted February 5, 2015 Share Posted February 5, 2015 forex is probability game, we are deal with losses and winning. however, we can make winning chance raises high than percentage of loss result, the way is by perform proper analysis and trade according to the trend direction. less chance to make profit when we are trade by against the trend. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 6, 2015 Share Posted February 6, 2015 I think that forex is not gambling, we could not get much benefit from forex if we are trading with gambling. Therefore we need to analyze the trade so that the advantage we can get. And we do not trade with gambling Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted February 12, 2015 Share Posted February 12, 2015 forex is probability game, we are deal with losses and winning. however, we can make winning chance raises high than percentage of loss result, the way is by perform proper analysis and trade according to the trend direction. less chance to make profit when we are trade by against the trend. Â We must minimize the risk in forex and we also must have good skills in controlling our emotion. If we rely on luck only, we will lose our find. We must understand market forex and must has skills in analyzing and managing money and our emotion. And then try to maximize chance to get maximal result. Â TenkoFx Deposit Bonus Quote Link to comment Share on other sites More sharing options...
gaban Posted February 13, 2015 Share Posted February 13, 2015 We must minimize the risk in forex and we also must have good skills in controlling our emotion. If we rely on luck only, we will lose our find. We must understand market forex and must has skills in analyzing and managing money and our emotion. And then try to maximize chance to get maximal result.  TenkoFx Deposit Bonus  risks in forex trading does need to be minimized by good. skills in controlling emotions is very important because that way we will be able to get the maximum trading results. emotions can affect the results of our trading Quote Link to comment Share on other sites More sharing options...
myregister Posted February 18, 2015 Share Posted February 18, 2015 Depend on the way you want to look at it, I myself see forex and gambling have some similarities, though not entirely. But the most fundamental thing from gambling and forex is what we do. In gambling, we bet for something while in foreign exchange we trade, buy and sell or can be called speculate. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted February 18, 2015 Share Posted February 18, 2015 It depends on what goes on in the grey matter between a person’s two ear lobes. For the majority of people, it’s probably gambling for a small minority it’s not gambling at all. That small minority knows if they follow a proven trading plan that has worked in the past over and over, the odds are in their favor and they will continue to profit consistently. So, if you trade like the majority of people, you are a gambler. If you trade like the proverbial 5% you are a true trader and not a gambler. To be successful in Forex you cannot gamble, you must become a true trader with the odds in your favor Quote Link to comment Share on other sites More sharing options...
myregister Posted February 21, 2015 Share Posted February 21, 2015 I also think that forex and gambling is actually a grey matter area, it is hard if we want to go deeper and sometimes people will misunderstanding about forex and gambling like just what happened to some traders or people who still don't know forex at all. Quote Link to comment Share on other sites More sharing options...
aliforex Posted February 23, 2015 Share Posted February 23, 2015 I also think that forex and gambling is actually a grey matter area, it is hard if we want to go deeper and sometimes people will misunderstanding about forex and gambling like just what happened to some traders or people who still don't know forex at all. Â Yes and it make them fail in forex. We will not get the best result without knowledge and good understanding. If we want to trade in forex, we must know what we need to trade and then prepare it Quote Link to comment Share on other sites More sharing options...
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