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FOREX TRADING = GAMBLING?

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Luky andriya

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Quote from: lukmannuur on February 16, 2019, 01:04:38 PM
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.
from there we can tell which gambling is not. but sometimes the perception is different. even though it's clearly forex and gambling. but I am still forex not gambling.
#16 - February 16, 2019, 01:15:59 PM

mohammad mmufroil

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Quote from: ariezz on February 16, 2019, 05:26:03 AM
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.
because of the lack of public knowledge about forex trading, usually this thinking is mostly located in developing countries, but in fact the state also has little contribution in foreign exchange itself
#17 - February 16, 2019, 02:39:19 PM

dwi furqon

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Quote from: Vi on February 15, 2019, 01:11:20 AM
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.
Good night sir. I really agree with this post, sir. We are here, sir. Like trading gold and so on sir. Profits are also adjusted to the capital we have. I do not agree if trading is equated with gambling because we traders have learned fully to learn techniques and fundamentals.



#18 - February 16, 2019, 03:36:08 PM

Londo pekok

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how do we respond in Forex trading, if we just guess the price without the same analysis, gambling. But if we trade according to the rules, I am sure that there will be no trading like games.
#19 - February 16, 2019, 04:07:54 PM

SilorFX

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Forex trading is not gambling, it is an investment business where the currency is traded on the forex market. foreign exchange requires an ability by combining theory and calculation and also by the fundamental factors of each currency pair traded. I strongly disagree if foreign exchange is equated with gambling.
#20 - February 16, 2019, 07:22:43 PM

Ariyudin

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Quote from: SilorFX on February 16, 2019, 07:22:43 PM
Forex trading is not gambling, it is an investment business where the currency is traded on the forex market. foreign exchange requires an ability by combining theory and calculation and also by the fundamental factors of each currency pair traded. I strongly disagree if foreign exchange is equated with gambling.
in fact there are a lot of people who think that forex tends to be negative, whether it is in the category of gambling or business that is not clear about its future. for sure, whatever the opinions of other people in the community as long as they do not interfere directly, I personally tend to allow, what is important is that we do the right thing and do not violate the law, and from what we do get good income
#21 - February 17, 2019, 09:02:12 AM

Iqbaleee

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Quote from: Ariyudin on February 17, 2019, 09:02:12 AM
in fact there are a lot of people who think that forex tends to be negative, whether it is in the category of gambling or business that is not clear about its future. for sure, whatever the opinions of other people in the community as long as they do not interfere directly, I personally tend to allow, what is important is that we do the right thing and do not violate the law, and from what we do get good income
I think it depends on the way the analysis is done, if we just guess the price will go up or down expecting that luck can be said as a gamble.
#22 - February 20, 2019, 05:26:45 AM

Aranchar

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Quote from: Vi on February 15, 2019, 01:11:20 AM
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.
in my opinion forex or triding is not gambling
because before determining the open position we do an analysis of a few hours ago even a few days ago
maybe a little like gambling
but in forex the determination is based on the hostory

but if you are trading just to guess buy or sell
maybe the one who gambled
but forex doesn't
#23 - February 21, 2019, 05:40:11 AM

Chiffa

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Quote from: lukmannuur on February 16, 2019, 01:04:38 PM
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.
I really agree, friend, gambling does not have what is a money management, what is analysis, trand, indicators etc.
they only choose between A and B, only use luck.
so if the topic owner says forex is a gamble I think it's a big mistake.
#24 - February 21, 2019, 10:18:02 AM

bagaskara30

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forex will be a gambling if you enter the market without basic knowledge of forex and only follow what your own heart or mind says continuously. therefore to avoid gambling, use analysis and basic knowledge about forex. there are many people who say gambling because they don't understand anything about forex
#25 - February 21, 2019, 11:54:28 AM

harisuwx

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if we limit the risk and not when making the entry, in my opinion it is not gambling, but if you overlot, that might be said to be gambling
#26 - February 22, 2019, 10:00:58 PM
« Last Edit: February 22, 2019, 10:06:49 PM by Mikser »

Mochammad Rendy Setiawan

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Quote from: Vi on February 15, 2019, 01:11:20 AM
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.
In my opinion, what is the problem with forex results depends on what we do, like we are in a test, we just count the buttons, we just fill the test with gamebling. so too with any forex that is based on knowledge not including gamebling.
#27 - February 24, 2019, 09:54:33 AM

ayun

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Quote from: Vi on February 15, 2019, 01:11:20 AM
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.
for me forex is a trade not gambling. if anyone considers it gambling, they must use a gambling system, such as lots and capital at maximum pairs. so the point is again to each of us.
#28 - February 27, 2019, 01:47:49 AM

Reztu

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I've read book with title "Smart Trader Not Gambler" by Elen May. Trading is trading we are here for business not rolling dice or rolet. Made analysis and trade with plan.
#29 - March 04, 2019, 12:13:23 AM

rahayu

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Quote from: Reztu on March 04, 2019, 12:13:23 AM
I've read book with title "Smart Trader Not Gambler" by Elen May. Trading is trading we are here for business not rolling dice or rolet. Made analysis and trade with plan.
I agree with your opinion, sir, trading is different from gambling, if gambling only relies on chancy, but if you trade, you can plan ahead.
#30 - April 08, 2019, 04:54:28 AM
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