Can you say forex is gambling? - page 4

Ashkan Hazegh Nikrou
4526
Ashkan Hazegh Nikrou  
Judy Mank:

Joshua Brown, vice president of investments in a renowned New York asset-management firm once said that the forex from his perspective is too risk fraught for an individual investor to engage in preferring to label forex trading as gambling with retail investors in ignorance throwing money into traders who rely more on luck than ability. But this rather sounds amusing to me because if really forex was just about luck and chance; could it boast such renowned universal liquidity? If forex was about luck, how many betting sites or companies daily boast a daily turnover amounting to trillions of dollars? Very impossibly, that forex entails a level of uncertainty doesn’t in any way discredit its credibility. Forex is way off cheap gambling. I humbly disagree with this high authority when it comes to the commodity market, he is very wrong in this forex is no gambling, it is very far from a business of chance. The reasons there are very obvious, what do you think about this, do you agree with him or me on this case

Yes I believe forex is gambling too,

but with a great difference from gambling in casinos or sports or other games.

that difference is :

here in forex market you have access to many tools ,and can use them for your own advantage ,  but in other forms of gambling the only thing that you have is your chance

your chance percent might change low to high from time to time but its accidental , is not depended on any tool.

here in forex , traders can use tools like money management , expert advisors , indicators and analyzes

so this tools is your winning card to increase your win chance by your own.

so forex market is a gamble which gambler can effect on his own win chance

and it is completely different with using machines in casino that gives you 50-50 chance

Khima Hathia Gorania
1121
Khima Hathia Gorania  
crossing the road is also gambling. you just have be aware of all the dangers and risks before crossing.
Davit Beridze
473
Davit Beridze  
No sure :) if you do not follow the rules than everything is gambling.
khalid khan
356
khalid khan  

I'm thinking it's not gambling,  how can win 100% 

Need a formula I have formula you ll never lose 

Needed handsome funds and formula never lose 

Mostly people lose even sometimes me also lose because I'm not going to use this formula 

Every body need short cut, so that's y mostly people lose money

That's is truth forex is showing some time its same fake movement yes this thing needed to cover only formula cover this.... 

LuckyMac
8
LuckyMac  
Completely agree. The edge is in our favour once we are able to apply it