100% of traders are losers. Just that some win more than they lose!
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DislikedIs forex trading gambling? - Yes.
Is forex trading immoral?- No.
That's my take on it.
One note- The lengthy explanations of trading or gambling filling a social function are irrelevant to the question.
An action does not have to perform a social function to be moral.
My going to sleep at night does not fill any social function.
It is not immoral.Ignored
DislikedYou should think of forex like any competitive sports. For every winning team, there's a losing team. Except in sports, money isn't the main issue, the winners get the cheers, the glory and the bragging rights. The losers get the boos and the fat chicks. So do you think playing sports is immoral since in order for one team to win, the other team must lose?Ignored
DislikedThat's one of the most misconstrued questions I've been asked in a few years. My hunch is that I understand more than you do.Ignored
Dislikedfair enough Fritz.
I suppose this discussion is for another place.
However We'll have to agree to disagree. In its time the rights and wrongs of slavery were debated with just as much and indeed greater ferocity than the issues you point out.Ignored
DislikedI really shouldn't bother with these theoretical discussions, but I always end up gritting my teeth whenever I hear this old, tired, FALSE mantra. Forex is NOT a zero-sum game. Markets in general, are NOT zero-sum games.
Do you believe that the stock market is a zero-sum game? You know that the NYSE has risen by an average of 12% per year since the Great Depression. Sure there have been down years and there are always occasional corrections/recessions/bubbles/depressions. But given enough time, the stock market just keeps going up. If the...Ignored
Dislikedthis is the best comment i have read on markets. markets are not zero-sum game, period.Ignored
Dislikedthis thread is way more interesting than what's on the first page. don't call me names because 2 can play this game.Ignored