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Is forex gambling?

ArdiFX (ahuruglica)
May 13 2014 at 16:09
852 posts
@Master_Kiwa

Greetings my friend. Long time no see, I started to miss you.

I'm glad to see you are still doing great on 'Custom start date', it makes your accounts look great.

Regards ;)

Bob LLewellyn (ForexAssistant)
May 13 2014 at 18:03
465 posts
49 pages and counting, don't tell me this group has nothing to say....

Actually I have a heads up for anyone using Go Daddy for hosting, they have changed their programs and have not told anyone that they are using different and inferior support products, they have taken to lying to customers about their service and technical problems. Looks like Go Daddy has changed to Go somewhere else.

Old news by now but FXDD has quit the business (at least for US traders).

The saga of US government interference in financial business matters have taken another victim. FXDD was labeled a bucket shop but I have done business with them for years, even back when they were still independent. Dealing desk and unregulated was indeed the definition of a bucket shop but FXDD was different, they took care of their customers. They could have used those stop loss hunter programs that others had used but they didn't. They held out from coming under the thumb of the US regulators, (the enforcement division of the American banking industry) far longer than any other brokers, and more than a year after the mandatory genuflect to the master race. Fair well friends.

If you haven't checked out the new thread at
 
https://www.myfxbook.com/community/new-traders/traders-give-birth-new-idea/755228,1

What are you waiting for? There is a new idea that can benefit every human on the planet. No seriously, it really could. But like any infant the idea could die in it's cradle taking all those limitless benefits with it without a little help to get it started.
If we are indeed one human race, we need to start working together or we will begin to pull ourselves apart. (I mean more than we already are). What would it hurt? Come to the thread and post your support. Thanks

Bob

where research touches lives.
Master_Kiwa
May 13 2014 at 21:04
402 posts
ahuruglica posted:
@Master_Kiwa

Greetings my friend. Long time no see, I started to miss you.

I'm glad to see you are still doing great on 'Custom start date', it makes your accounts look great.

Regards ;)
'

 LMAO... Thanks buddy. Trying my best to get a long enough winning streak to be called 'Master- big - daddy - scalper' How has your demo trading gone? Have you been able to withdraw as of yet?

Focus on pip-drawdown
Bob LLewellyn (ForexAssistant)
May 13 2014 at 22:49
465 posts
EEwww !!!

where research touches lives.
Johnpaul77 (startumbler)
May 14 2014 at 01:46
6 posts
If you seek money from forex, you'll gamble in each trade.
If you enjoying trading, you'll not gamble in each trade.

There are two things to aim at in trading.
First, to get what you want.
Second, to enjoy it.

ArdiFX (ahuruglica)
May 14 2014 at 06:10
852 posts
Master_Kiwa posted:

 LMAO... Thanks buddy. Trying my best to get a long enough winning streak to be called 'Master- big - daddy - scalper' How has your demo trading gone? Have you been able to withdraw as of yet?


Well I have something called 'salary', never was interested in withdrawals.

How exactly do you withdraw I am i terested to learn. The reality your accounts are in loss, only with custom start date you make them look like they are in profit. Some people here are stupid to notice, but not the broker.

Regards

tigpips
Jun 19 2014 at 11:50
186 posts
forex is never gambling, the amount research just to build a profitable consistent system is immense.

http://www.freeforexrebates .info
Ivan (StoneHeart)
Jun 19 2014 at 15:26
131 posts
It is Gambling :
... if You are using all available Margin;
or
... have No idea , where is Stop-Out;
or
... You have No idea, what are You doing, but expect to get Jackpot.

Small GAIN, big WIN
Master_Kiwa
Jun 19 2014 at 17:40
402 posts
Last time I checked Gambling is definded as A RISK TAKEN FOR THE HOPES OF OBTAINING PROFIT...... So that would suggest if you use 1% or 100% of your equity you are gambling...

Focus on pip-drawdown
Ivan (StoneHeart)
Jun 19 2014 at 19:02
131 posts
OK, then I m successful GAMBLER

Small GAIN, big WIN
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