Forex Zone | Forex Forum

FOREX TRADING = GAMBLING?

Discussion started on Forex Education

  • Posts: 121
  • Points: 0
  • Likes Received: 38
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx

The presumption of the factor of speculation and the possibility of a large profit or loss that can be accepted by a trader just by sitting alone makes many people equate it with gambling. But actually forex trading is not gambling but pure trade.
This is what makes forex trading different from gambling:
Gambling: Decision making based on profitability and speculation
Forex: Decision making based on technical and fundamental analysis
Gambling: The results obtained are detrimental to one party
Forex: The results obtained are mutually beneficial
Gambling: There are no products or goods traded, numbers are not included in goods or products
Forex: There are products or goods that are traded in the form of currencies
Gambling: The results of gambling are completely unpredictable
Forex: There are limits and controls for clear profits and losses
Gambling: Uncertain
Forex: When the price is saturated where the situation is too high or too low, the price will experience a correction
Gambling: Prohibited by law and state
Forex: There are official regulations from countries such as Indonesia which are under BAPPEBTI, or under regulators from other countries such as FCA UK, MFSA, ASIC, CFTC / NFA and the like.
From the real differences above it is quite visible that forex is different from gambling, and of course you also have begun to be able to conclude whether forex is the same as gambling or not.


Linkback: https://www.forex.zone/forex-education/29/forex-trading-gambling/1560/
#1 - February 15, 2019, 01:11:20 AM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 1047
  • Points: 5672
  • Likes Received: 100
  • Reputation: +4/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
Can anyone get consistent benefits from gambling? There is no

Has anyone got a consistent profit from forex? many

From the comparison above, it is very clear that forex is not a gamble because gambling cannot produce consistent profits.
#2 - February 15, 2019, 01:50:47 AM

  • Posts: 232
  • Points: 0
  • Likes Received: 17
  • Reputation: +0/-1
FOREX TRADING = GAMBLING? in Forex Education_xx
Can anyone get consistent benefits from gambling? There is no

Has anyone got a consistent profit from forex? many

From the comparison above, it is very clear that forex is not a gamble because gambling cannot produce consistent profits.
diforex trading can be analyzed while gambling. only rely on luck
#3 - February 15, 2019, 03:25:39 AM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 345
  • Points: 0
  • Likes Received: 76
  • Reputation: +1/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
Can anyone get consistent benefits from gambling? There is no

Has anyone got a consistent profit from forex? many

From the comparison above, it is very clear that forex is not a gamble because gambling cannot produce consistent profits.
agree, if we dont know the basic or dont know anything about trading, of course it call gambling. if we do know what we do in forex i dont seem to see it as gambling

so, forex = gambing ?? its just about perception how people do trading in forex
#4 - February 15, 2019, 03:49:31 AM

  • FOREX TRADING = GAMBLING? in Forex Education_Jon_Bon_Jovi
  • Posts: 30
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
Can anyone get consistent benefits from gambling? There is no

Has anyone got a consistent profit from forex? many

From the comparison above, it is very clear that forex is not a gamble because gambling cannot produce consistent profits.
right, I agree what you say, gambling does not consistently win, but forex is a lot of consistent, crowded beginners who trade gambling or because they are lazy to learn, not tired of trying to have trading knowledge, finally gambling in the forex market.
#5 - February 15, 2019, 11:46:50 AM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 1047
  • Points: 5672
  • Likes Received: 100
  • Reputation: +4/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
right, I agree what you say, gambling does not consistently win, but forex is a lot of consistent, crowded beginners who trade gambling or because they are lazy to learn, not tired of trying to have trading knowledge, finally gambling in the forex market.
Actually forex and gambling are not too much boundaries so that forex can be a gamble just by ignoring a method or analysis, so we must really pay attention to the good and correct trading methods so as not to become gambling.
#6 - February 15, 2019, 12:00:45 PM

  • FOREX TRADING = GAMBLING? in Forex Education_Jon_Bon_Jovi
  • Posts: 30
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
Actually forex and gambling are not too much boundaries so that forex can be a gamble just by ignoring a method or analysis, so we must really pay attention to the good and correct trading methods so as not to become gambling.
yes of course, because without using clear knowledge of forex trading it will lead to gambling, and if we trade with the correct science of analysis then this is currency trading.
#7 - February 15, 2019, 12:32:50 PM

  • Posts: 121
  • Points: 0
  • Likes Received: 38
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
agree, if we dont know the basic or dont know anything about trading, of course it call gambling. if we do know what we do in forex i dont seem to see it as gambling

so, forex = gambing ?? its just about perception how people do trading in forex
i like you, sis. Because everyone has a different perception about Forex. Gambling even how to win it also needs a strategy, and that has knowledge. Forex = Gambling? Only a perception of how people view forex from their own perspective.
#8 - February 15, 2019, 12:43:26 PM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 247
  • Points: 1009
  • Likes Received: 24
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
The presumption of the factor of speculation and the possibility of a large profit or loss that can be accepted by a trader just by sitting alone makes many people equate it with gambling. But actually forex trading is not gambling but pure trade.
This is what makes forex trading different from gambling:
Gambling: Decision making based on profitability and speculation
Forex: Decision making based on technical and fundamental analysis
Gambling: The results obtained are detrimental to one party
Forex: The results obtained are mutually beneficial
Gambling: There are no products or goods traded, numbers are not included in goods or products
Forex: There are products or goods that are traded in the form of currencies
Gambling: The results of gambling are completely unpredictable
Forex: There are limits and controls for clear profits and losses
Gambling: Uncertain
Forex: When the price is saturated where the situation is too high or too low, the price will experience a correction
Gambling: Prohibited by law and state
Forex: There are official regulations from countries such as Indonesia which are under BAPPEBTI, or under regulators from other countries such as FCA UK, MFSA, ASIC, CFTC / NFA and the like.
From the real differences above it is quite visible that forex is different from gambling, and of course you also have begun to be able to conclude whether forex is the same as gambling or not.
usually those who think like that are those who really are still lay, just looking at the outside from outside without trying to find out the truth even though forex is very broad in meaning
#9 - February 15, 2019, 02:30:33 PM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 1047
  • Points: 5672
  • Likes Received: 100
  • Reputation: +4/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
usually those who think like that are those who really are still lay, just looking at the outside from outside without trying to find out the truth even though forex is very broad in meaning
lay people have 2 thoughts, first consider forex trading is gambling and the other considers forex trading to be purely business but an elite and difficult business, not for ordinary people.
#10 - February 16, 2019, 05:26:03 AM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 319
  • Points: 0
  • Likes Received: 49
  • Reputation: +1/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
forex is not only not the same as gambling but forex is not gambling. it is very clear the difference if forex every trader is required to use analysis both technical analysis and fundamental analysis while gambling prioritizes mere guesses and relies on luck. even if there are some forex traders whose trading methods are gambling and relying on feeling alone does not mean that their forex business is a gambling business but it is only done by some people who are clearly wrong in dealing with forex trading. traders - these traders already have a mental innate namely gambling mentality.

forex is permitted and permitted by any government in the whole world and there is even a regulatory body while gambling is not permitted or prohibited by the government. so forex is a legal business while gambling is illegal. we must be smart that forex is not gambling and gambling is not part of forex. in fact if in a trader a trader must have an advisor trading license to be able to trade forex legally and at least have to hold an MBA which is one of the goals so that a trader is truly professional and far from the gambler's mentality.
#11 - February 16, 2019, 05:48:30 AM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 143
  • Points: 0
  • Likes Received: 16
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
The presumption of the factor of speculation and the possibility of a large profit or loss that can be accepted by a trader just by sitting alone makes many people equate it with gambling. But actually forex trading is not gambling but pure trade.
This is what makes forex trading different from gambling:
Gambling: Decision making based on profitability and speculation
Forex: Decision making based on technical and fundamental analysis
Gambling: The results obtained are detrimental to one party
Forex: The results obtained are mutually beneficial
Gambling: There are no products or goods traded, numbers are not included in goods or products
Forex: There are products or goods that are traded in the form of currencies
Gambling: The results of gambling are completely unpredictable
Forex: There are limits and controls for clear profits and losses
Gambling: Uncertain
Forex: When the price is saturated where the situation is too high or too low, the price will experience a correction
Gambling: Prohibited by law and state
Forex: There are official regulations from countries such as Indonesia which are under BAPPEBTI, or under regulators from other countries such as FCA UK, MFSA, ASIC, CFTC / NFA and the like.
From the real differences above it is quite visible that forex is different from gambling, and of course you also have begun to be able to conclude whether forex is the same as gambling or not.
I a gree with you. that forex is not gambling. but back to each of us how to react to it. for example there is an open position just guessing and without analysis, without direct knowledge open that position which is not good.

there is no gambling that is profitable for the perpetrators except bandar, and there is no gambling that is consistent in its opinion.
#12 - February 16, 2019, 05:58:36 AM

  • Posts: 121
  • Points: 0
  • Likes Received: 38
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
I a gree with you. that forex is not gambling. but back to each of us how to react to it. for example there is an open position just guessing and without analysis, without direct knowledge open that position which is not good.

there is no gambling that is profitable for the perpetrators except bandar, and there is no gambling that is consistent in its opinion.
Gambling is the easiest job. But behind the word "easy" you still need a strategy to win the game. In forex, it's also the same, you need a good strategy / technique and analysis. And the basic difference between the two is gambling for only one winner. That's why there is a sentence, "you must not be entangled in gambling".

Expect profit from Forex trading. Not winning from Forex trading. ;D
#13 - February 16, 2019, 12:25:25 PM

  • FOREX TRADING = GAMBLING? in Forex Education_index
  • Posts: 143
  • Points: 0
  • Likes Received: 16
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
Gambling is the easiest job. But behind the word "easy" you still need a strategy to win the game. In forex, it's also the same, you need a good strategy / technique and analysis. And the basic difference between the two is gambling for only one winner. That's why there is a sentence, "you must not be entangled in gambling".

Expect profit from Forex trading. Not winning from Forex trading. ;D
beautiful quote, and I like it, essentially forex is not gambling. gambling is easy, easy to lose. is there a gamble that is fortunate to be consistent? forex is there a lucky profit?
#14 - February 16, 2019, 12:49:00 PM

  • Posts: 40
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
FOREX TRADING = GAMBLING? in Forex Education_xx
beautiful quote, and I like it, essentially forex is not gambling. gambling is easy, easy to lose. is there a gamble that is fortunate to be consistent? forex is there a lucky profit?
what distinguishes between forex and gambling is how one plans something in great detail both in terms of technique, system, and management carried out by means of discipline. a gambler, I'm sure they will never plan something like management, a system that will be run and a psychological discipline.
#15 - February 16, 2019, 01:04:38 PM

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
Bitcoin trading is not gambling

Started by Vi on General Cryptocurrency Discussion

323 Replies
3046 Views
Last post July 11, 2021, 11:31:48 PM
by Iw4nN
xx
THE WORLD WAS THE GAMBLING TABLE

Started by rushart on General Forex Discussion

44 Replies
532 Views
Last post July 25, 2021, 10:29:55 AM
by artasu
xx
THE WORLD WAS THE GAMBLING TABLE

Started by rushart on Forex Education

29 Replies
479 Views
Last post July 15, 2021, 01:10:09 PM
by ZB
xx
Trading Forex VS Trading Binary

Started by Fxortrader on General Forex Discussion

91 Replies
2517 Views
Last post July 25, 2021, 09:00:57 AM
by zanurreload