This job as forex trading also have to opportunity to do gambling , such as do speculative in making of decision is forms of gambling in here i think where so many people do like that , so everyone have chance to do gambling in here and nothing is different when do trade not base on proper analyze
I feel that there is very thin line between trading and gambling. Those who trade in the forex market with strong and justified technical reasons will surely make gains, and those who bet on the forex market would lose their hard earned money.
when you trade with gamble. you can get higher profit with higher risky. with forex market. you can get more profit with the same risky or lower risky. when we has signal. we can earn big money with it. but risky of it is small . you can review it.
In gambling one can not control his risk . In forex we use that risk which we decide . We can close positions at any step . All is in our hand to become out of market without gaining profit or at low loss, gambling is full risk not manageable .
You can absolutely control your risk in gambling. If I walk into a casino with 1000 and decide to have a 10% stop loss I just walk away when I lose 100 dollars. If you think of sitting at any one casino game as the same as entering a trade. you set your risk prior to sitting at the table with a stop playing loss and win amount target.
I would altogether agree that forex mercantilism is precisely an equivalent as gambling.
In each things youāre wanting to urge a position over the market/house however within the finish of the day all youāll be able to do bet you cash and roll the dice.
The main distinction is betting on your strategy your odds in forex mercantilism square measure higher than at the casino
Gambling involves pure luck except for a few games such as Poker which involves skills but still dominated by the luck factor. Trading involves several variables aside from a bit of luck. Risk management is one of the most important things in trading and heavily differentiates it from gambling. The lack of risk management when gambling, coupled with greed is exactly what makes gambling a losing venture in the end. Trading also involves market variables such as fundamental news as well as technical patterns which have a decent ratio of working out. Also, sentiment plays a major role in the markets and going against the big players could sometimes be painful especially if momentum is present. The previously mentioned factors are just a small list of what financial markets are all about and how they are not simply gambling.
Oh look, itās this thread again.
By text book definition Forex is gamblingā¦
āTo stake or risk money, or anything of value, on the outcome of something involving chanceā
Forex is based on probabilities, there is no guarantee - and therefore youāre putting money on an outcome that only has a chance to workout.
Legit poker players use statistical based thinking to give them the best chances of winning the round.
At the end of the day, do you really care - stop being a Forex philosopher and start being a Forex trader!
Actually it sounds offensive for people who are related with this business for long time when someone ask
"Is forex trading gambling? " . My answer is Forex trading is not gambling but trading without any reason or analysis is gambling . But may be make money through online gambling is easier than make money in forex through gambling. For that reason gamblers filter out sooner or later from this business.
Hello friends,
According to me, trading is completely different from gambling. If you really understand and analyze the market and make proper strategic planning then the risk factor decreases and you will feel secured in Forex market.
same old same old. Every where you could find the same topic and same question.
Some people may view trading as gambling some people may not.
i actually been trading for a while now and gambling does not rime with trading guys.
[QUOTE=mastergunner99;690124]Gambling requires hope. I believe the word hope is actually included in the definition.
When you have solidified an edge, that negates any hope. From there itās a pure numbers game where the more you roll that die or draw a card or pick a stock, you will come out ahead.
Forex allows for that. The stock market allows for that.
Casinos have constructed the games that they will always maintain the edge. Thatās why they can payout 97% of what they take in and still make billions. They have an edge.
Therefore is a casino gambling against you when you sit at a blackjack table? Of course not.
Likewise, when I sit in front of my chart and place a trade I know Iāve already won. Itās only a matter of having as many opportunities I have to exploit that edge.
Or if you also heavy enough (in money matter), you can move the market 
But then again if you did have that much money why would you bother trading. Bank interest would more than pay its way.
Greed has no limits :46:
I mean itās never enough no matter how much you have.
And bank interest hardly make you 10-15%:58:
Well, āplace your betsā and āplace your orderā do sound a bit familiar 
The R:R is different between fx n gambling (well, it depend on the type of game).
We could always cash out when in profitable position but in betting there is only win or lose scenario. So no flexibility in gambling although itās different for poker and other similar game.
Obviously, there is no leverage in gambling (itās always gonna be 1:1 leverage).
The good thing is there is no āyou can lose more than your depositā in gambling as your loss is always in the amount agreed upon first LOLS
My first post here, although Iāve been reading for a few weeks this forum.
I am still trading on a demo so Iām still discovering a lot of things about forex but I will talk about what I know : gambling.
I have been a successful slot machine player making good extra money to pay my rent, my phone bill and my school as I was in Japan (we donāt have the same kind of Casino here in Europe).
For me I would say you need the same skills to be a good slot machine player and a good forex trader :
Money management skills ( I had times where it took me 2 weeks to save up 20man Yen, earning little every day and blow it up in one day by over confidence ), the rules are the same, find a way to maximise your earning chance, to have the most profitable EV, only risk a small percentage of your bankroll everyday. (usually a fixed amount in casino as there is no leverage).
In slots machine you are looking for the loose ones, and you wonāt find it at first try. When you spot one who might be a loose one you gotta spend some money to try it out and if you were right you will earn money.
In forex you will wait for a buy or sell signal then you have to take a position, it might be negative at the beginning but you have to stay calm if you believe in the reason that made you take your position.
With slot machine you gotta know how to keep your seat long enough to get all the money it has to blow, but also have to know when to quit to keep profits.
With forex you have to keep your position long enough to optimize your earnings as long as it goes up and have to know when to close it.
So for me gambling with slot machine and forex looks the same ! But ā¦
In Japanese slot machine ( Pachinko ), all data are displayed on the top of the machine : number of turns, jackpot and the earnings curve (which is like a trading curve) for the day, and usually the past 30 days : http://blogimg.goo.ne.jp/user_image/14/27/9ffaf087651b58081160c28046b9fb12.jpg (example of data screen)
Also the casino has to be big enough so there are a lot of winners everyday ā¦ Usually you canāt make money in a small casino, the biggest the bigger
So IMHO you need the same kind of skills to be successful at both (money management, diversification ā¦), except that your broker is not supposed to be making money on you as a casino.
Statistically itās the same, 95% of forex traders donāt make money, I guess 99% slot machine players donāt make money.
Actually for me slot machine is not gambling as forex is not gambling. Poker is not gambling. But buying a lottery ticket or playing roulette is gambling. ( you canāt have a positive EV, or at least I donāt know how to )
you are on point
Forex trading is somewhat similar to gambling if it would be done without planning or strategy.
The problem with casino gambling is that the odds are stacked heavily against the gamblers.
In Forex trading, the trader needs only to overcome the odds of a few PIPs spreads payable to the broker before he/she can attempt to make a profit.