Everything you do in life is a gamble.
Even jumping from 3000 feet from the sky without a parachute?
Definition of Gambling: To bet on an uncertain outcome. Gambling is the wagering of money on an event with an uncertain outcome with the primary intent of winning additional money.
If I go to work at the supermarket, I’m pretty sure I’m not betting money on whether more than 50 customers will come through my check-out - I will be paid for my services no matter what.
Gamble: To take a risk in the hope of gaining an advantage or a benefit.
Everything you do involves making decisions, you choose the best or what you think is the best decision. There are disadvantages and advantages in every decision you take, no matter how small or lop sided that scenario may be.
Jump out of a plane at 3000 feet with no parachute. Sure the chances are is you will die, but that is not guaranteed. For all you are aware a guy could jump out behind you with a parachute.
PS never get a definition from Wikipedia.
Edit: spelling
High percentage you will die but people have been known to survive.
One guy hit a ski slope broke most of the bones in his body but survived.
This is one of many.
Small percentage but still a gamble.
Are you willing to take that risk?
I’d rather short the E/U.
as far as I know, more professional traders will normally keep the leverage at 1:50 or 1:100
if you become good at trading, you can think of yourself as a modern day Robin Hood, siphoning money off the banks and traders and giving to those less fortunate. Don’t think for a second this is easy though, it will take a couple years of study to become proficient at trading.
Not sure why you feel bad for taking money from other people though. A company produces a widget that costs $1 to make, then sell it to you for $5. Is the profit they make ethical, since in essence you gave them $4 for nothing but producing the widget? Regardless of what Obama thinks, money doesn’t just appear out of thin air, one person has to give up a dollar in order for another person to get a dollar (Bernanke and his printing press excluded of course)
That is not the definition of gambling and I didn’t get mine from Wikipedia I checked multiple dictionaries and sources. You can rationalise all you want but really your arguments are full of logical fallicies.
lazydogs, even more logical fallicies and rationalisations. If I pay for a widget, I’m willingly giving my money to someone, not losing it on the sidewalk and having someone else pick it up.
rationalisation or not, we are all willing participants in this market and I feel just as bad taking someone else’s money as they feel about taking mine. It sounds like you are looking for a reason to not trade. You don’t actually need one, you either want to trade or you don’t. If you try to get into this business half heartedly, you will fail miserably. You have many choices you can make in life, two of them are you can sit on the couch and watch the world go by, or do something to make a better life for yourself, and your family.
I made my choice a long time ago and so far my family has a pretty good life. Good luck with yours.
Same to you 
i think of this as another opportunity to make money. Even if i work at some engineering company, instead, i use myself to get money. I mean I use myself as a service to others. In this case, the owner of the company is having a high hope to get more customers to buy our products. If my boss has little customers, he is losing his profit. As a result, he has to cut back employee. I might lose the job.
So I think forex it like another job to me, but with higher risk. That is because I need to study and gain experience from it to earn money. It is more like using money to get money. If you are working at some places, then you are servicing for money.
p.s. that is just what i think.
Lets be honest here pretty much everybody on here couldent give a toss where the money comes from,better in our pocket than someone elses ,right.If this wasent true we’de all be working for the salvation army,we all want money for doing nothing.Wow that should upset a few people,Im getting back under the table till the flac dies down.
they say forex is like blackjack. it’s all about probabilities, and if you are patient and do well you can constantly win.
now the question is… is blackjack gambling? ahahahahahahahahahah
Every bit of money in our lives come from someone else.
If I buy a car, a company has built that car in speculation of a prospective buyer. The dealer takes a chance, and buys it into stock, the maker is profitable. I buy the car from the dealer and the dealer is now profitable. At the retail end, I know it’s a one way trip for my money. It’s a loss, because I’ll never get all my money back out, no matter how low the miles are in three years.
Every market known to man has speculation at it’s basis. Whether it’s long term investments like bonds, or equities, or a day trade for wheat futures, or spot forex.
I’m willing to rick my money for gain, others are doing the same. Spot forex is pay to play. Enter a trade, pay the spread to the broker, and the rest is yours. I don’t feel bad when it’s profitable, because I do occasionally lose some. Once in a while;)
This was the biggest criticism I faced when I decided to do Forex - it being a form of gambling. I don’t think it is, if you actually plan your trade. There are so many indicators and trading systems that put the odds in your favor. And don’t feel bad if you earn money from Forex. I hear it takes years of study and practice. Time is the price you pay for playing and winning in this market.
You earn what somebody else is losing, is the same with all financial markets, even in Stock Markets, if you liquidate and order and there is nobody there to take the oposite direction a specialist is obligated to do so. In forex depends on the broker you take the money from a bank, broker itslef or another trader.
I do think its gambling.
I am also a poker player and everything related to poker and trading such discipline, Risk management, bankroll management and all that is exactly the same as what you need to apply in poker. But poker is a highly skilled game and you probably wont make good money from it playing high blinds. Because the pros out there will eat you alive with their skill in the game. However. I plan to build a bankroll playing small and before I start losing money on poker move into trading. The exact same principles apply.
And yes when you making pips…Its like winning a hand…aka…Gambling
Well IMO and its just my opinion trading is buying or selling something and depending on the trade going up or down in value will either give you a profit or loss and is generally based of knowledge, while gambling is basically just putting on a wager.
cheers
itsallinthemind
Anything that has an uncertain outcome is a "Gamble."
Riding my bike to the grocery store is gambling, because what guarantees I will get there safely?
Now for some people who are cautious and take calculated risks in traffic, when riding a bike, have a greater probability of getting there safely.
I have been riding consistently for 45 years now, and not one single accident My friend, he encounters an accident while biking almost every week.
So I ask, is there a difference?
EmPowers, do not trade… It is pretty clear you do not have a traders mentality. People who question whether this is gambling or ethical are people who have already lost their money trying… Or they are the ones who are not going to participate to begin with. I would recommend you move along…