Is forex gambling?

Mar 16, 2013 at 09:53
17,314 Views
509 Replies
Member Since Apr 27, 2010   47 posts
Aug 01, 2013 at 05:09
How many people actually look at having an account that grows slow steady in all market condition without having to raise your risk ? Well , we have the solution and we believe that our Day trading system with a profit factor of ' 45.28 ' will help you.

Expect to earn at between 50% - 200 % within every year.

That's our low risk offer.

Contact us for more discussion , only serious Investors comment.

DiamondFX
Building a profitable portfolio for our clients worldwide.
Member Since Jan 10, 2013   286 posts
Aug 01, 2013 at 05:26
diamondfx posted:
How many people actually look at having an account that grows slow steady in all market condition without having to raise your risk ? Well , we have the solution and we believe that our Day trading system with a profit factor of ' 45.28 ' will help you.

Expect to earn at between 50% - 200 % within every year.

That's our low risk offer.

Contact us for more discussion , only serious Investors comment.

DiamondFX

Wow a profit factor so high and so little risk such as 42% or thereabouts aye and yet your earnings are so low?
That's fantastic!
Member Since Apr 27, 2010   47 posts
Aug 01, 2013 at 05:44
If you look at our closed trades you will understand we don't gamble, we take from 15pips up to 500pips like our open EU trade now on 500 pips, we expect our eurjpy to close at 700pips.

Day Trading + Proper Lot Sizing. the drawdown is a floating p/l not a closed trades so .

DiamondFX.
Building a profitable portfolio for our clients worldwide.
Member Since Jul 17, 2013   33 posts
Aug 06, 2013 at 06:32
Forex is not gambling except you are gambling, if you can digest what i mean, then get it all
Stabilility is our Ability
Member Since Apr 14, 2013   402 posts
Aug 06, 2013 at 13:56
diamondfx posted:
If you look at our closed trades you will understand we don't gamble, we take from 15pips up to 500pips like our open EU trade now on 500 pips, we expect our eurjpy to close at 700pips.

Day Trading + Proper Lot Sizing. the drawdown is a floating p/l not a closed trades so .

DiamondFX.

 Never trust demo! This is how you end up losing all your money at the end of the day.
Focus on pip-drawdown
Member Since Dec 04, 2009   54 posts
Aug 07, 2013 at 05:42
This is a big confidence from the publisher .. but my only question if you a big winner as you said so you don't need any more money to make an account to start.. and you have to present a real account to approve what you said ..
Osama Hussein
Member Since May 16, 2012   53 posts
Aug 07, 2013 at 05:43
If you work in the market place and they offer a 401 compensation plan, you are putting money in and saving it for retirement, and it has the ability to increase or decrease. Well trading is like managing your own 401k compensation plan, and you get to set the limits of what you will risk in the growth. My wife used to think I was gambling, but after 9 years and doubling my original amount once or twice every year, she see's it as managing our retirement. Could I loose it all like gamblers do? Yes. But I have limits I have created that I follow, which makes me more of a financial manager than a gambler. It is how you look at trading, are you wanting to manage your money or have fun, like at Las Vegas!
Only take what the market will let you have, and Never accept a loss!
Member Since Apr 15, 2012   31 posts
Aug 07, 2013 at 11:43
focus and steady is needed, after I have read lots of statement above, thanks Friends :)

and be patient, don't be greedy.
Member Since Oct 03, 2010   9 posts
Aug 07, 2013 at 13:28 (edited Aug 07, 2013 at 13:28)
Trading Forex is a game of probability. Gamble is a game of probability too. The probability of winning of trading Forex is depending on the trader. However, the probability of losing of Gamble is definitely far more than the probability of winning .
Member Since Apr 07, 2011   72 posts
Aug 07, 2013 at 13:31
What isn't a gamble in life?

Are Property portfolio managers gambling? Do they really know what the house is worth, do they know there risks in purchasing a house and selling it? They have no control over the housing markets... but they quantify their risk accordingly.

Is starting your own business a gamble? What about if you took a loan out to kick start it up? What happens if the proposition happened to be down to bad timing... would that be 'unlucky', despite the wealth of planning that went into it? Would that be a gamble?

What if I had an already established car mechanics? Do I retain full control of it at all times, just because I have done well over the past 5 years? Ever heard of a fully established corporation/businesss that is NOT connected to the financial markets, go bust, even though it was not necessarily down to there own doing... I sure as hell have...

What about starting your own building firm? Everything seems good on paper, but the day you start that business, despite how well you've planned and prepared, how can you guarantee all your workers are going to turn up, the job is done correctly, or the client pays for the work? What if the client disputes the work... how are you going to afford to carry on?

These variables in any walk of life is called 'probabilities'. Some you can be more certain of, others not so much.

Like anything in life, it's the ones who properly plan for those situations that are out of your control, who seem to still be here.

Prudence is what allows you to tackle any challenge in life to the best of your ability. Luck and gambling is apparent in everything we do.


If you play a game where the odds are stacked against you from the moment you engage in it, irrespective of the level of intellect of planning; then you're a gambler...

"Taking responsibility is the cornerstone to a winning attitude"
Member Since May 02, 2013   9 posts
Aug 17, 2013 at 08:23
I think if we do the analysis first through a trading system that we believe, of course it was not called gambling.
Member Since Jun 27, 2013   1 posts
Aug 18, 2013 at 20:25
whether forex is considered gambling or not gambling, it depends on your point of view.

some trader seeks for adrenaline rush in the market, which similiar in gambling

and some applying years of studies and discipline and analyzing macroeconomics factors.

for me personally, forex is not gambling.
Knowledge is Power
Member Since Jan 24, 2012   2 posts
Oct 19, 2013 at 19:00
efata_investasi posted:
Is trading Forex gamble? because so many people often told me that forex is gambling, and if that is gambling then God will never help us with it right? because gamble is forbidden by any of religion in the world right😇?, so there is more loser than a winner on forex business because God dont like this stuff 😁 if you say forex/futures is trading so my question is what trading definition? if there is stuff to buy/sell and involved money right? so forex/futures/index is pure gambling?

FOREX IS PURE GAMBLE
make it real
Member Since Dec 11, 2013   2 posts
Dec 11, 2013 at 19:15
An honest depiction?

fxlottery.com

Or just an entertaining way to present FX trading to the common man
You only get one shot
Member Since Mar 01, 2013   70 posts
Dec 11, 2013 at 19:41
Is starting a business gambling? More than 90% of new businesses fail in the first 5 years.
You win some, you lose some.
Member Since Aug 30, 2013   325 posts
Dec 11, 2013 at 21:03
FXRX posted:
Is starting a business gambling? More than 90% of new businesses fail in the first 5 years.
In the first 3 years not 5... they don't make the 5 years
Member Since Apr 15, 2012   31 posts
Dec 12, 2013 at 03:00
You're gambling when You do anything without good knowledge about that, which is sure a sin,
clear ?
Member Since May 04, 2012   1608 posts
Dec 12, 2013 at 03:09
If you consider Forex as gambling, then you are better of going to a Casino. You will have more fun for your money.

REAL professional traders have an 'edge' and they make money consistently using this edge. They are the 5%.

And by the way, the 5% loves the other 95%, as the 95% is willingly giving them their monies.
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Member Since Aug 02, 2011   38 posts
Dec 12, 2013 at 11:28
it seems everyone has their own definition about gambling. So what is 'gambling' really? When we agree regarding the definition then we can answer the initial question.
Wait for it
Member Since May 04, 2012   1608 posts
Dec 12, 2013 at 13:16
minyu2 posted:
it seems everyone has their own definition about gambling. So what is 'gambling' really? When we agree regarding the definition then we can answer the initial question.

https://en.wikipedia.org/wiki/Gambling
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