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  • #1,181,821
  • Sep 2, 2020 12:15am Sep 2, 2020 12:15am
Quoting Techanalyst
{quote} Ok I understand. So you have no soild prove, that trading is gambling and trust me you won't find one.
See I said you think you have won
As you see only things favouring you.

Like if you are Bull even a fall from 1.20 to 1.15 you will say it is s minor correction for it to go up to 1.25

So you will always see things as your mind wants
PaRaM
  • #1,181,822
  • Sep 2, 2020 12:15am Sep 2, 2020 12:15am
Quoting Techanalyst
{quote} No you are wrong. It does not apply in gambling, can't do anything against the house. You are just gambling, and all those "knowledge" you mention is just to make you feel better. If you gamble it is just gambling, 50/50. Trading is not, it is totally different.
Apparently your knowledge of gambling stop at the casino but even they do sport betting.

Would you make a bet that world's worst football team will beat the the world's best football team? The answer is probably no. Because the odds are not in your favor.

Think of the euro as the world's best football team and usd as worlds worst stats currently say euro is winning

I can agree to disagree and not offended. Keep up the good trades!
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  • #1,181,823
  • Sep 2, 2020 12:17am Sep 2, 2020 12:17am
Quoting mistaouting
{quote} Apparently your knowledge of gambling stop at the casino but even they do sport betting. Would you make a bet that world's worst football team will beat the the world's best football team? The answer is probably no. Because the odds are not in your favor. Think of the euro as the world's best football team and usd as worlds worst stats currently say euro is winning I can agree to disagree and not offended. Keep up the good trades!
I see what you mean, but it has nothing to do with trading. Trading is not gambling. If you provide me with a good solid explanation and prove, like I did that trading is not gambling, than i will say sure you are right. You have not provided anything like that. Everything has been explained, and if you still think trading is gambling, than i wish you the best because you will blow your account sooner than later. Trade safe.
  • #1,181,824
  • Sep 2, 2020 12:18am Sep 2, 2020 12:18am
Quoting mistaouting
{quote} Apparently your knowledge of gambling stop at the casino but even they do sport betting. Would you make a bet that world's worst football team will beat the the world's best football team? The answer is probably no. Because the odds are not in your favor. Think of the euro as the world's best football team and usd as worlds worst stats currently say euro is winning I can agree to disagree and not offended. Keep up the good trades!
Traders think they are superior than gamblers

But in reality both are just two name for same thing

When in forex if someone looses traders tell he was gambling. When someone wins they say he is Trading
PaRaM
  • #1,181,825
  • Sep 2, 2020 12:19am Sep 2, 2020 12:19am
Quoting pgidia
{quote} See I said you think you have won As you see only things favouring you. Like if you are Bull even a fall from 1.20 to 1.15 you will say it is s minor correction for it to go up to 1.25 So you will always see things as your mind wants
I am going from what I have researched and the articles that I have paste to you here. There is prove that trading is not gambling and everything was explained. I am not going by what I think, but what it is as in trading business. Unfortunately trading is not gambling and if you gamble in trading good luck to you because you will not last in this business.
  • #1,181,826
  • Sep 2, 2020 12:19am Sep 2, 2020 12:19am
Quoting pgidia
{quote} See I said you think you have won As you see only things favouring you. Like if you are Bull even a fall from 1.20 to 1.15 you will say it is s minor correction for it to go up to 1.25 So you will always see things as your mind wants
If you are trading like this then you are gambling. There are many variables you need to consider. You should have clear views about the short medium and long term price movement of any asset. Its not simply buy or sell.

If you open a car wash in a desert, im quite sure you will lose that investment. But if you open one in a cebtral london youre likely to win
  • #1,181,827
  • Sep 2, 2020 12:21am Sep 2, 2020 12:21am
Quoting goldfish3
{quote} If you are trading like this then you are gambling. There are many variables you need to consider. You should have clear views about the short medium and long term price movement of any asset. Its not simply buy or sell. If you open a car wash in a desert, im quite sure you will lose that investment. But if you open one in a cebtral london youre likely to win
You are just nailing it with your quotes and words. Thank you. But gamblers will never understand this. Traders do know it already.
  • #1,181,828
  • Sep 2, 2020 12:29am Sep 2, 2020 12:29am
Quoting Techanalyst
{quote} You are just nailing it with your quotes and words. Thank you. But gamblers will never understand this. Traders do know it already.
Some would disagree with me but in my view basic understanding of economics and finance is essential if you want to trade esp forex. Because EU is not simply dependent on charts. Theres a reason why EU is the most liquid market in the universe (if there are no aliens with better market technology )
  • #1,181,829
  • Sep 2, 2020 12:30am Sep 2, 2020 12:30am
Quoting pgidia
{quote} Traders think they are superior than gamblers But in reality both are just two name for same thing When in forex if someone looses traders tell he was gambling. When someone wins they say he is Trading
Facts are facts. If someone can't accept facts in conversation then further talking has no value.

I think they are only associating gambling with The ones that don't require still; like the lottery or roulette. But to fit their point of view they over look other form of gambling where people use data/information to make bets or maybe they don't know.

I can agree to disagree

https://www.google.com/amp/s/www.esp...3fplatform=amp
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  • #1,181,830
  • Sep 2, 2020 12:33am Sep 2, 2020 12:33am
Quoting Techanalyst
{quote} I am going from what I have researched and the articles that I have paste to you here. There is prove that trading is not gambling and everything was explained. I am not going by what I think, but what it is as in trading business. Unfortunately trading is not gambling and if you gamble in trading good luck to you because you will not last in this business.
Similarly a gambler places his bet after researching
They study which team will win
Which horse will win
PaRaM
  • #1,181,831
  • Sep 2, 2020 12:39am Sep 2, 2020 12:39am
Now that we have proven to the gamblers that trading is not gambling, let's get back to trading

EURGBP bearish.
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  • #1,181,832
  • Sep 2, 2020 12:39am Sep 2, 2020 12:39am
Quoting pgidia
{quote} Similarly a gambler places his bet after researching They study which team will win Which horse will win
Has nothing to do with trading.

Trading is not gambling.
  • #1,181,833
  • Sep 2, 2020 12:42am Sep 2, 2020 12:42am
Quoting Techanalyst
{quote} Has nothing to do with trading. Trading is not gambling.
Article for you

https://dailypriceaction.com/blog/is...ding-gambling/
PaRaM
  • #1,181,834
  • Sep 2, 2020 12:44am Sep 2, 2020 12:44am
Quoting pgidia
{quote} Article for you https://dailypriceaction.com/blog/is...ding-gambling/
Not a good source. I know this guy and this website. He is good at price action. But not a good source. Try again but you will not find it. Trading is not gambling.
  • #1,181,835
  • Sep 2, 2020 12:45am Sep 2, 2020 12:45am
my 2 cents.

this H4 is GMT
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  • #1,181,836
  • Sep 2, 2020 12:45am Sep 2, 2020 12:45am
Quoting Techanalyst
{quote} Not a good source. I know this guy and this website. He is good at price action. But not a good source. Try again but you will not find it. Trading is not gambling.
See I said you won't change your perception
You wanted article I provided
Now we are even

Trading is Gambling
Safe Gambling Everyone oops I mean Trading
PaRaM
  • #1,181,837
  • Sep 2, 2020 12:47am Sep 2, 2020 12:47am
Quoting pgidia
{quote} See I said you won't change your perception You wanted article I provided Now we are even Trading is Gambling Safe Gambling Everyone oops I mean Trading
Trading is not gambling.
  • #1,181,838
  • Sep 2, 2020 12:48am Sep 2, 2020 12:48am
Quoting pgidia
{quote} Similarly a gambler places his bet after researching They study which team will win Which horse will win
Going for 2 good days in a row?
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  • #1,181,839
  • Sep 2, 2020 12:49am Sep 2, 2020 12:49am
Now let's begin Trading / Gambling / Investing

So what is view for today about EU
PaRaM
  • #1,181,840
  • Sep 2, 2020 12:52am Sep 2, 2020 12:52am
Am I gambling if I buy a car and sell it off for some profits in the coming months/ years? o.O
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
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