To use chat, please login.
Back to contacts

Is forex gambling?

Femi Shitu (diamondfx)
Aug 01 2013 at 05:09
47 posts
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.
forexpipcatcher
Aug 01 2013 at 05:26
286 posts
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!

Femi Shitu (diamondfx)
Aug 01 2013 at 05:44
47 posts
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.
Airmarkz Group (Airmarkz)
Aug 06 2013 at 06:32
33 posts
Forex is not gambling except you are gambling, if you can digest what i mean, then get it all

Stabilility is our Ability
Master_Kiwa
Aug 06 2013 at 13:56
402 posts
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
Osama Hussein (golden4x)
Aug 07 2013 at 05:42
54 posts
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 ..

Scott Bresee (sbresee)
Aug 07 2013 at 05:43
53 posts
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!
Ali Zainal Abidin Bil Fagih (Cleeon)
Aug 07 2013 at 11:43
31 posts
focus and steady is needed, after I have read lots of statement above, thanks Friends :)

and be patient, don't be greedy.

SHEPHERD (zhangyz)
Aug 07 2013 at 13:28
9 posts
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 .

DG (domgilberto1)
Aug 07 2013 at 13:31
72 posts
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"
Topic is locked