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Is forex gambling?

ArdiFX
forex_trader_[136673]
May 13 2014 at 16:09
852 ieraksti
@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 ieraksti
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 ieraksti
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 ieraksti
EEwww !!!
where research touches lives.
Johnpaul77 (startumbler)
May 14 2014 at 01:46
6 ieraksti
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
forex_trader_[136673]
May 14 2014 at 06:10
852 ieraksti
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 ieraksti
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 ieraksti
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.
Master_Kiwa
Jun 19 2014 at 17:40
402 ieraksti
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 ieraksti
OK, then I m successful GAMBLER
rob559
Jun 19 2014 at 22:36
1916 ieraksti
startumbler posted:
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.

can't be said any better..
Bob LLewellyn (ForexAssistant)
Jun 20 2014 at 02:14
465 ieraksti
No, I do it for the money. Of course 'I' don't really trade anymore, that's the computers job. I fish, ride horses and do my research. So I enjoy what I do and let the computer handle the dirty work but, I do it for the money.

Bob
where research touches lives.
Mesbah (rahiths)
Jun 20 2014 at 08:02
98 ieraksti
ForexAssistant posted:

yap for demo money
No, I do it for the money. Of course 'I' don't really trade anymore, that's the computers job. I fish, ride horses and do my research. So I enjoy what I do and let the computer handle the dirty work but, I do it for the money.

Bob
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Bob LLewellyn (ForexAssistant)
Jun 20 2014 at 14:21
465 ieraksti
My wife managed a mid sized store where new cashiers thought they new something and a small group called off sick so they could go to the lake. One of them posted info on face book that showed them at the lake instead of being at work or sick at home.

So now they are unemployed.

A friendly word of warning, there are a number of young and not too well educated newbies that want to make a name for themselves so they can feel like they are important or something so they get on here and talk trash about only showing demo accounts. Especially if you live in the US but other countries also will raid your wallet if they find something to raid.

Don't be a fool, keep your mouth shut and your live accounts to yourself. The reason they make demo accounts is to try new things, I do that also, and to show something to someone else that may well turn out be an agent. Now if you are new and don't have much in your account then chances are showing a live account won't be interesting but showing live accounts here or on any other forum is like sending a post-it note to the IRS.

Don't let these idiots taunt you into doing what your brain says don't. They got nothing to lose, you do. Just ignore them and maybe they will go away or at least grow up.

Good trading all,
Bob
 
where research touches lives.
Mesbah (rahiths)
Jun 20 2014 at 14:42
98 ieraksti
dont listen those fools who doesn't have real account😂
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Ivan (StoneHeart)
Jun 20 2014 at 16:27
131 ieraksti
I fully share @ForexAssistant 's point of view,
and btw ALL MY ACCOUNT are REAL.
What about me ???
FXWorkz (Silverthorn)
Jun 20 2014 at 16:35
268 ieraksti
rahiths posted:
dont listen those fools who doesn't have real account😂

Complete Ignorance!!

Bob is a US citizen. His original successful EA can no longer be used on a US account. (if you can't figure out why you really need to STFU and go away and learn more before you run off at the mouth)

Bob is now in the process of developing a variation of that system that can again be used on a US account. It's still a work in progress. And a pretty good one to.

What exactly would you have him put live at the moment genius?

Sorry if that may be a bit harsh but had to be said.

Oh by the way. Gday Bob!!
You can't spend open trades.
Ivan (StoneHeart)
Jun 20 2014 at 16:49
131 ieraksti
Bob ,
 I hope I can make it, ( bypass US restrictions )
 ... for FREE !!! ( ... for You ONLY )
Mesbah (rahiths)
Jun 20 2014 at 18:27
98 ieraksti
keep it up bro

StoneHeart posted:
I fully share @ForexAssistant 's point of view,
and btw ALL MY ACCOUNT are REAL.
What about me ???
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Mesbah (rahiths)
Jun 20 2014 at 18:29
98 ieraksti
ohh god!! you dont even have a demo account
btw how much you got paid from boob

Silverthorn posted:
rahiths posted:
dont listen those fools who doesn't have real account😂

Complete Ignorance!!

Bob is a US citizen. His original successful EA can no longer be used on a US account. (if you can't figure out why you really need to STFU and go away and learn more before you run off at the mouth)

Bob is now in the process of developing a variation of that system that can again be used on a US account. It's still a work in progress. And a pretty good one to.

What exactly would you have him put live at the moment genius?

Sorry if that may be a bit harsh but had to be said.

Oh by the way. Gday Bob!!
A trader can be an economist but an economist could never be a trader. They are too theoretical.
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