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EURUSD

  • #1,181,841
  • Sep 2, 2020 12:54am Sep 2, 2020 12:54am
Quoting leashedmode
Am I gambling if I buy a car and sell it off for some profits in the coming months/ years? o.O
Yes... I might not sell or sell for what you wanted.... Is that correct?
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  • #1,181,842
  • Sep 2, 2020 12:54am Sep 2, 2020 12:54am
EURUSD probably will get to 1.18xx before going further up. It should get to demand imbalance the blue rectangle before going further up.
Trading is not gambling.
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Click to Enlarge Name: EURUSD.xH4.png Size: 78 KB
  • #1,181,843
  • Sep 2, 2020 12:55am Sep 2, 2020 12:55am
Quoting leashedmode
Am I gambling if I buy a car and sell it off for some profits in the coming months/ years? o.O
No, you should know that car loses it's value as soon as it is sold and goes out on the street. Value is lost.
  • #1,181,844
  • Sep 2, 2020 12:56am Sep 2, 2020 12:56am
Quoting leashedmode
Am I gambling if I buy a car and sell it off for some profits in the coming months/ years? o.O
So you have to buy first
Here you can even sell first and make profit by buying it at lower price after few hours / days / months / years
PaRaM
  • #1,181,845
  • Sep 2, 2020 12:57am Sep 2, 2020 12:57am
Quoting Techanalyst
{quote} No, you should know that car loses it's value as soon as it is sold and goes out on the street. Value is lost.
unless you have knowledge that the locale you are buying in is about to increase duties, in which case you are acting on information.
  • #1,181,846
  • Sep 2, 2020 12:57am Sep 2, 2020 12:57am
Quoting mistaouting
{quote} Yes... I might not sell or sell for what you wanted.... Is that correct?

In that sense, even real estate is gambling? What I am talking about is, even riding a motorcycle is a gamble.. I agree with this perception but it is not gambling in a LITERAL manner is what I mean to say.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,181,847
  • Sep 2, 2020 12:58am Sep 2, 2020 12:58am
Quoting goldfish3
{quote} unless you have knowledge that the locale you are buying in is about to increase duties, in which case you are acting on information.

Exactly what I am talking about
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,181,848
  • Sep 2, 2020 12:58am Sep 2, 2020 12:58am
Quoting Techanalyst
EURUSD probably will get to 1.18xx before going further up. It should get to demand imbalance the blue rectangle before going further up. Trading is not gambling. {image}
Tech, how low EU has to go, to throw out your theory for 1,25?
  • #1,181,849
  • Sep 2, 2020 12:59am Sep 2, 2020 12:59am
Quoting Techanalyst
EURUSD probably will get to 1.18xx before going further up. It should get to demand imbalance the blue rectangle before going further up. Trading is not gambling. {image}
It's a gamble whether or not it's going 1.18xx before going up....I think I like that gamble

I like your demand and supply zone fyi
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  • #1,181,850
  • Sep 2, 2020 12:59am Sep 2, 2020 12:59am
Quoting bigiivan
{quote} Tech, how low EU has to go, to throw out your theory for 1,25?
Below 1.1600... but that is just possibly and i won't guess or gamble. I am trading so if that happens, i will know where to place sell position.
  • #1,181,851
  • Sep 2, 2020 1:00am Sep 2, 2020 1:00am
The chance in gambling is 50/50. In Forex more than 70-80% of traders loosing their money. The conclusions is ...
  • #1,181,852
  • Sep 2, 2020 1:01am Sep 2, 2020 1:01am
Quoting bigiivan
The chance in gambling is 50/50. In Forex more than 70-80% of traders loosing their money. The conclusions is ...
Not all gambling have 50/50 odds
PaRaM
  • #1,181,853
  • Sep 2, 2020 1:01am Sep 2, 2020 1:01am
Quoting pgidia
{quote} So you have to buy first Here you can even sell first and make profit by buying it at lower price after few hours / days / months / years

But selling only means I am buying it/ exchanging contract from someone who is willing to sell me the contract in that particular price. There's always someone on the other end of the contract doing the opposite of what you are doing. And in Forex, if I sell a pair it [EUR USD] it means I am buying the USD. So in a way, we are all actually buying, not selling something directly without owning it in the first place.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,181,854
  • Sep 2, 2020 1:01am Sep 2, 2020 1:01am
Quoting Techanalyst
{quote} Below 1.1600... but that is just possibly and i won't guess or gamble. I am trading so if that happens, i will know where to place sell position.
WOW! You can hold a long trade from 1,20 till 1,16?
  • #1,181,855
  • Sep 2, 2020 1:03am Sep 2, 2020 1:03am
Quoting leashedmode
{quote} In that sense, even real estate is gambling? What I am talking about is, even riding a motorcycle is a gamble.. I agree with this perception but it is not gambling in a LITERAL manner is what I mean to say.
But you danced around question was hoping for a yes or no answer
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  • #1,181,856
  • Sep 2, 2020 1:03am Sep 2, 2020 1:03am
Quoting bigiivan
{quote} WOW! You can hold a long trade from 1,20 till 1,16?
Big money! Interest sucks also
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  • #1,181,857
  • Sep 2, 2020 1:04am Sep 2, 2020 1:04am
Quoting bigiivan
{quote} WOW! You can hold a long trade from 1,20 till 1,16?
That is Trading
If you sell from 1.20 to 1.16 now you are Gambling
PaRaM
  • #1,181,858
  • Sep 2, 2020 1:05am Sep 2, 2020 1:05am
Quoting bigiivan
{quote} WOW! You can hold a long trade from 1,20 till 1,16?
I don't have position on EURUSD yet i closed some in profit and did not open any yet. I have sell on EURGBP.
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  • #1,181,859
  • Sep 2, 2020 1:08am Sep 2, 2020 1:08am
Quoting mistaouting
{quote} It's a gamble whether or not it's going 1.18xx before going up....I think I like that gamble I like your demand and supply zone fyi

Like I said, if you want to use the gambling term metaphorically.. even stepping out of your protected walls/ house is a gamble. If we talk about trading 'professionally' it's more like riding a boat/bus to a destination once you know it has started rolling towards a destination, just get on the bus at the right place on the right time, not in between intersections because here you can't trust the driver.. getting in and out is the real deal, like many even show here with their live trades, for instance Vule.. guy knows how to get in and out without taking chances and 'hoping' for 'luck' which is why I see he's doing great and I am glad.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,181,860
  • Sep 2, 2020 1:09am Sep 2, 2020 1:09am
Quoting mistaouting
{quote} But you danced around question was hoping for a yes or no answer

I like to dance, it's an expression of joy and abandon.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
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