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Intraday Trading is gambling

taylor3000
Aug 18 2016 at 06:00
1帖子
Elena
Elena_Chopin
Aug 19 2016 at 08:38
211帖子
I think stay too much time on market is gambling. Cause of news. You can't predict in long term the market. You can't guess good or bad news.
Less you stay on the market more you can predict price.
It's my opinion of course ;)

Elena Chopin

vontogr (togr)
Aug 21 2016 at 06:20
4862帖子
Elena_Chopin posted:
I think stay too much time on market is gambling. Cause of news. You can't predict in long term the market. You can't guess good or bad news.
Less you stay on the market more you can predict price.
It's my opinion of course ;)

Elena Chopin


yes exactly!

vontogr (togr)
Aug 21 2016 at 06:21
4862帖子
Elena_Chopin posted:
I think stay too much time on market is gambling. Cause of news. You can't predict in long term the market. You can't guess good or bad news.
Less you stay on the market more you can predict price.
It's my opinion of course ;)

Elena Chopin


BTW were you user altescgroupinc here on MFB?

jamie Richardson (yique)
Aug 21 2016 at 07:02
4帖子
i agree the news all ways dictates how the market moves. I think it's better to trade after major news or open trades before major news & get out of the trade. You can trade after a major news release & be sure where the market is going !

mlawson71
Aug 21 2016 at 09:33
1487帖子
yique posted:
i agree the news all ways dictates how the market moves. I think it's better to trade after major news or open trades before major news & get out of the trade. You can trade after a major news release & be sure where the market is going !


Not necessarily. Sometimes all the market does is form a whipsaw and return where it was before the news.

Elena
Elena_Chopin
Aug 21 2016 at 11:16
211帖子
togr posted:
Elena_Chopin posted:
I think stay too much time on market is gambling. Cause of news. You can't predict in long term the market. You can't guess good or bad news.
Less you stay on the market more you can predict price.
It's my opinion of course ;)

Elena Chopin


BTW were you user altescgroupinc here on MFB?


????

Elena Chopin

FxMasterGuru (FxMasterGuru)
Aug 21 2016 at 11:43
1607帖子
Intraday trading is 'gambling' only for those who don't know how to do it right.

It is as much 'gambling' as playing poker is 'gambling' for professional poker players...

BTW, I concur with previous statements of HolyGrail, Tomas (vontogr) and Elena.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
jamie Richardson (yique)
Aug 21 2016 at 14:03
4帖子
mlawson71 posted:
yique posted:
i agree the news all ways dictates how the market moves. I think it's better to trade after major news or open trades before major news & get out of the trade. You can trade after a major news release & be sure where the market is going !


Not necessarily. Sometimes all the market does is form a whipsaw and return where it was before the news.


Yes, thats a ''knee jerk'' reaction to the news relkease & can be traded by ''fading the spike''. But something like an interest rate decision or NFP & you'll know where that market is going !

jamie Richardson (yique)
Aug 21 2016 at 14:03
4帖子
FxMasterGuru posted:
Intraday trading is 'gambling' only for those who don't know how to do it right.

It is as much 'gambling' as playing poker is 'gambling' for professional poker players...

BTW, I concur with previous statements of HolyGrail, Tomas (vontogr) and Elena.


I have won 298 trades out of 300. If you can win that many roullete of poker games in a row then yes fx trading is gambling !

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