Today I obseved that Babypips used DICE as an image for their website favicon logo which strongly send the message that forex trading is BETTING, GAMBLING, PROBABILITY, SPECULATING, WASTAGE, E.T.C which is very far from being a LEGITIMATE and VALUABLE BUSINESS. The below article has revealed the untold truth about forex trading.
Is Forex and most other financial trading wrong or sinful for Christians?
I have stopped trading Forex altogether because I have developed serious ethical problems as a Christian with it.
Most types of financial trading are a zero sum game, even a negative sum game. It produces NOTHING of value, no goods or services, and no wealth is created like in Stock Trading. The net change in total wealth among traders is zero at the end of the day (sometimes even less!) - the wealth is just SHIFTED from one trader to another! (Reallocation of wealth.)
It is far too close to gambling for me (some skill, a lot of chance), and you make gains ONLY at anotherâs expense! Jesus said that we should love our neighbor as we love ourselves. How can you do that when you profit only at somebody elseâs expense? It is a violation of Jesusâ most basic commandment for humanity. And to give to worthy causes from Forex earnings may be great, but the end never justifies the means! I personally consider Forex now essentially a form of legalized stealing and robbery. The experienced Forex trader is committed to âfleecingâ those who are inexperienced!
Donât pray and ask God to help you with your financial trading - he wonât! Donât be deceived.
An agnostic has even said: âIn Forex youâre not doing any useful work, and youâre hoping to make a lot of money from it, right? Isnât this really like stealing from the public? Youâre hoping to get a lot of money from moving currencies around, and youâre not giving the world anything in return - except moving some currencies around. I think thatâs just like theft.â
Think carefully about what I have said. I donât know if anybody can convince me otherwise/refute my arguments?
Yes stock market is a zero sum game too
Remember Jesus teaches about worldliness and the lust of the eyes and all those who practice such can never inherit eternal life.
Take it easy man I know truth hurts. Anyway the above is just a summary if not I can do a 1000 page article on this matter. Am not here to condem any man but to bring out the truth.
My friend, do not be deceived christianity is not a religion but the power of God for salvation
First, what is the role/purpose of speculators/intermediates?: To make a liquid market and assure that for every intention there is a counter part. In currencies this is hard to see, it is more obvious for example in agricultural futures, which are used to hedge possible problems or fluctuations in prices to avoid possible financial problemes in this kinds of businesses.
Second, what is the world of finance?: Management and movement of money in the most optimal way so that the dinamics of this world (goverments pushing inflation through debt for example) donât eat your purchasing power. Indeed, all finance would be wrong in Jesus eyes in my humble opinion.
Third, what is capitalism?: I think you can imagine that capitalism is waaaaay far from Jesus teachings⌠we live in a world with very wrong foundations. It is true, but it is like this.
Wheter âall those who practice such can never inherit eternal lifeâ, I think is just your opinion.
Take care mate.
P.D: Stocks i think they are not zero sum game because they extract richness from the people and spread it through dividends.
An agnostic has even said: âIn Forex youâre not doing any useful work, and youâre hoping to make a lot of money from it, right? Isnât this really like stealing from the public? Youâre hoping to get a lot of money from moving currencies around, and youâre not giving the world anything in return - except moving some currencies around. I think thatâs just like theft.â
Are you serious mate? People doing forex are trying to make an honest living. We live in a world that has a certain rules and economy. If you can tap into that, all props to you, if you canât you try to scam and beg people for moneyâŚlike the church, the center of manipulation and corruption. If you are trying to give someone a bad conscience go on a religious forum and start badmouthing the pope and the rest of them for sitting on golden thrones while people out there are trying to make an honest living. If I earn money on forex Iâll be glad to give some to somebody that is in need of it, I wonât go building a palace and start telling people to donate me some more.
To the op, I donât believe in god or Jesus, or any religious figure for that matter, so do you mind if I carry on trading?.
By the way Christianity, along with almost every other (blind) faith has caused more, war, death, suffering, and heartache than any amount of capitalism or desire to earn a living ever will.
Really? Come on guys lets be sincere to ourselves. I know what am saying and seeing here. Why put up dice image there with a dotâŚeach with one or two dots
By the way Roman Catholics or catholics believers all over the world are not Christians but bunch of idol worshippers and self righteousness under the guise of christianity. So do not be deceived. I am talking about the true pentecostal ministries here under the influence of the power of God through the Holy Ghost and Bible believing only.
Youâre out of line, pal. Donât come onto this forum and slander other people for their beliefs. Who do you think you are?
If you were the Christian you claim to be, you would know that Scripture says, âJudge not, that ye be not judged.â The judgment referred to in that verse is exactly the kind of judgmental intolerance displayed in your last post.
If youâre so almighty sure that you know the truth â and anyone who believes differently is damned to hell â then I suggest that you prepare to stand before God, all puffed up in your self-righteous pride, and let Him judge.
But, before that day comes, you might want to spend some time actually studying your Bible, to see what God thinks of pride and arrogance.
Just so weâre clear: Iâm not Catholic. So, you havenât offended me for my âCatholicâ beliefs.
But, your holier-than-thou, judgmental attitude has offended me, nonetheless.
I wonder - was there also something about paraquote here â it is easier for a camel to travel/pass throught the eye of a needle, than it is for a rich âmanâ to make it through the gates ⌠. "
I am not confrontational nor judgemental, however, with this âpassageâ i struggle tremendously -
see - I consider myself ârichâ beyond belief, when I read about a 4 year old child dying in another country- - who incedently drinks from the sewage river - and eats green âleavesâ from a plant or tree.
see I am rich beyond belief - I have a home- I feed my family - ok now changing to we - -we have two vehicles one is even paid for - sure I/we owe quite a large amount according to my âstandardsâ - â my wife/partner and I are both âfatâ so we eat plentiful â hell I even get to golf . ⌠. . so really . . . . my heart says - â sell the house - - sell the second vehicle - - - - rent a place - - - get out of debt, so I can give to that 4 yr old child that needs it. . ⌠. .
there are a few other âpassagesâ that I canât understand either - - but I will place my trust in christianity - and if it has lead me to forex- - you can be sure that the majority of it will go to âspecific name, specific causeâ â
So - my canundrum - - I would love to give up my âlifestyleâ for this young one - but I honestly feel I can do better â I can âwinâ here- and provide much financial help - more so than just giving up my house and truck for one sole ⌠âŚ
brings in another âpassageâ - which i wonât get into . . .but
Funny, this sounds like life and a job⌠But it is good to see that you agree that it is not gambling⌠Far too close to gambling doesnât make it gamlbingâŚ
Anyway, thank you for this very entertaining post.
Admin, please kindly move this topic to ânewbies sessionâ so that more eyes will see and make their own contribution. May be they can clear my doubt about the DICE used as babypips LOGO. I hate things associated with dice. Christians are not LUCKY people but get what they want even from the gates of their enemies. Thanks