Put simply, a game of chance. Don't really see fores like that. You can definitely forsee the outcome most of the time and you can effect your trades to reasonable degree.
Forex gambling? 83 replies
Is Forex really gambling 25 replies
Trading vs gambling 97 replies
Trading IS Gambling... 46 replies
trading or gambling? 14 replies
Disliked{quote} No, but your friend open a business and you bet his successs, that is gambling. You are just betting your friend business.Ignored
DislikedHmm.... Can someone enlightment me on this. The moment we click buy or sell on a trade. That next few seconds would be up or down? Is the probability 50% At that few moments. However, our risk and probability is chance on 5 min and someone is 1 day. Everyone is different. I didn't vote because there isn't right or wrong. There is no answer. One profitable trader can say he is gambling. Another can say he is not winning by gambling. Same outcome on a professional poker player. They all say they play by odds or probability.Ignored
DislikedDefinition of gamble (Entry 1 of 2) intransitive verb 1a: to play a game for money or property b: to bet on an uncertain outcome 2: to stake something on a contingency (see CONTINGENCY sense 1) : take a chance transitive verb 1: to risk by gambling : WAGER...Ignored
DislikedIf you're doing anything that involves probability and have money on the line then you're gambling. Not all trading involves probability however.Ignored
Disliked{quote} Since you dont know how good is your next trade then all trading ways enters inside probabilities "games". Really i dont understand why financial markets uses AI if is not a probabilities market...Ignored
Disliked{quote} Firstly it isn't AI its algos. AI is a complex program that can solve issues without interference. Algos are just a series of complex if then else logic. Nobody has AI, it is used too loosely. All technical trading involves probability but not all trading is technical. I for example don't trade probability, I trade sentiment pricing in new information which isn't the same as trading without knowing what might happen, because it is happening. An example from last week is ECB policy change. There was absolutely nothing about that even...Ignored
Disliked{quote} All that boring days like Mondays where movements are like an electrogram are Algos. And normally with AI. For any reason that people spend millions in their trading machines. And even some black swan are made for them. Really news and fundamentals are not the common behaviour, only the exception and everytime looks more like a casino Roulette. Dont you remember Oct/Nov 2018? The heaven AUD/NZD months? All a big fake And you dont forget Soros and his big fail in Brexit vote. He bet will leave YES and his bet was a big fail......Ignored
Disliked{quote} You don't seem to understand trading fundamentals. There was nothing fake about October and November in terms of AUD and NZD. It is all explainable. I am not sure why you are mentioning Soros,that's not exactly a trade signal is it. Monday is boring because there is generally no news on Mondays.Ignored
Disliked{quote} You don't seem to understand trading fundamentals. There was nothing fake about October and November in terms of AUD and NZD. It is all explainable. I am not sure why you are mentioning Soros,that's not exactly a trade signal is it. Monday is boring because there is generally no news on Mondays.Ignored
Disliked{quote} I understand how works financial markets enough for dont fall in cliches. Fundamentals are a weak reference at this moment. You only have see what is happening last times in countries like UK. Maybe you are confused how works forex in overall. About Soros is a bet trader ( at least he try get benefit of unexpected events ). Its a surprise you dont know his influence. You can ask in London. They have a good memory of him...Ignored
Disliked{quote} monday's are usual boring/range but definitely not because of the absence of the news,we had really hot monday's and there was no news but was ...something else, i found more reliable reason might be the just the normal week start and mostly boring early monday when not all players are at ''table'' due to time difference, cos some are still enjoy their sunday time in my early monday. but will be a mistake to start now one polemic about this.really useless subject. as the subject is gambling or not i stick to my personal view and that is...Ignored
Disliked{quote} Weak reference. Fundamentals are the source of all fx trends and volatility. Soros who made a ton of money shorting the pound did so because the fundamentals showed the situation would inevitably fall apart. He wasn't trading a chart.Ignored