You can create an edge in the market. Thereby allowing you to control the ultimate result given an infinite amount of opportunities.
Betting and gambling are not the same thing. If you ever purchased insurance, you are placing a wager of an outcome. That doesnât constitute gambling.
Besides all that, I see nothing wrong with a Christian gambling. Can it lead to sinful acts? Sure, but so can anything else.
Itâs whatâs in the heart.
I can hit a slot machine and play purely for the entertainment value than to actually believe I will hit a jackpot.
And yes, there is an entertainment value as most slots are damn near video games these days.
I agree and think we should follow every written word in the bible.
The old testament is an absolute favourite of mine, I normally alternate between it and Harry potter! But got to give some love to the new testament too. Hereâs a classic one liner from JC himself:
âIf anyone comes to me and does not hate his father and mother, his wife and children, his brothers and sistersâyes, even his own lifeâhe cannot be my disciple.â
Come on guys, please stop this. I donât understand why the moderators just glaze over your highly offensive posts but yet they respond lightning fast when it comes to posts about ICT. This last post is particularly offensive. Clearly the âreport postâ function does not work when it comes to making fun of anotherâs religion.
I wasnât making fun of Christianity, I was making fun of fundamentalists who believe that following the bibleâs every word is more important than the core beliefs and ideas behind the written text.
You are taking it out of context. Translations canât always translate perfectly . I more accurate way would be to say, love less.
Jesus was saying in the context provided and translated to our understanding that if you were to leave your father and mother and essentially give up your life to follow him around for a couple years, it required a certain amount of dedication.
Context is everything.
I could say that was straight dope, bro. But Iâm not introducing heterosexual or vertically aligned narcotics to someone who was my motherâs other son.
Every time you cross the street at the stop light, you take a bet that the guy in a Range Rover wont accidentally step his foot on a gas pedal and kill you dead. As a Christian, why are you voluntarily willing to gamble your mortal life away?? Why not bunker yourself at home and just survive on pizza and that 24/7 replay of Club 700 thats so good for the soul??
Your dullard try to proselytize on a financial forum offends good taste. Thatâs all.
Agreed, translations from Hebrew to Greek to English are not perfect, neither are interpretations of history ex post facto.
However, this is essentially my point (perhaps better explained in my response @Puremuscle), if you take every word or even every sentence from the bible for its literal meaning, you will end up with some very conflicting passages and overall message.
Its better to take the overall meaning behind the entire text as a whole. - in my humble opinion.
Now for the OP: âThe lot is cast in the lap, but its every decision is from the Lord.â - sounds like them apostles were taking a punt! or gamblingâŚ
Oh and the good book does not mention gambling explicitly anywhere in the text. It is our interpretation of scripture that suggests easy money, and the goal of money is is bad, whereas been poor is good.
Personally, I have yet to find any âeasyâ money trading forexâŚ
If you think forex trading is sinful, why would Jesus Himself told a parable about trading gold? Matthew 25:14-30. Gold was a currency in those days though.
Interesting question!
Just right for poor old Simple Simon!
I donât think the idea behind this tale is that the servants would take the money (gold) and speculate with it in a casino type environment.
It this sense, âtradingâ meant using the assets with the skills that the servant possessed in order to achieve a gain with it through doing business with them. The gold was distributed to each servant in an amount equal to their relative skills and abilities.
Naturally, this is really a parable about how people should use the gifts and talents that have been âgivenâ in order to go and do the work of the âownerâ of these assets.
But we can equally apply the same lesson to our own trading. There are certainly skills and experience that we develop as we go and we should only be trading within the scope of those skills. To do anything else would be paramount to gambling and risking losses on behalf of the owner of those assetsâŚi.e. ourselves!
Matthew 25: 26-27
26 âHis master replied, âYou wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? 27 Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest.
I think one has to be careful in drawing conclusions from bible text that one always looks at the context and not just the literal sense.
In particular, Jesus apparently often used parables to illustrate an underlying concept. He did this because he was talking to simple, mostly illiterate, folk with only a narrow experience of life. Therefore he drew pictures using analogies with matters familiar to these people such as vineyards, cattle, fig trees and so on.
He was not actually, literally, talking about investing/trading, he was talking to his disciples about carrying out his spiritual work on his behalf while he, himself, would be away. But he uses an analogy of earthly wealth being utilised for gain in preference to being just âplaced under the mattressâ because this is something that everyday people could relate to - and one method of utilising surplus wealth in those days, and it still is, was to place it on loan and gain interest on it.
To stretch this parable so far as to claim it also justifies trading in our sense of the word requires quite a lot of mental strength!
For one thing, the servant is using his masterâs funds and not his own money.
Also, it is clear the master is referring to the equivalent risk of a bank deposit where a return is relatively certain, albeit modest. (although I doubt if the security of deposits with money-lenders in those times was as secure as banks nowadays!)
So, although the parable refers to investing it is not actually about investing and I really donât think it stretches to speculative trading where the entire sum could be blown away!
I canât help wondering what the master would have replied if the last servant had said, âMaster I bet the entire sum on a risky venture. I could have made a thousand times return but instead I lost it allâ
Maybe the master may have replied something like, âYou should have just buried my money in the ground instead, at least I would still have my capital!â
If we use this parable to justify speculative trading then maybe the phrase, âgive to Ceasar what is Ceaserâsâ can equally be used to justify tax-havens and offshore centres to minimise tax liabilities and reduce government revenues, even within those countries where profits have originally been made - in spite of any ethical or moral considerations?
Oh, and one more thing, if one looks at the same story in Luke 11-27, should we also take literally the command given in v.27 regarding anyone who opposes trading?
For me, just an interesting change from the usual grind of broker issues, failure rates, trading with peanuts, and personal ego trips
Whether anyone actually seriously relates this to a faith issue is another matter, but I am sure there are those who do - for example, the issue of interest earnings?
Afterall the two main issues to guarantee emotive discussion are surely money and religion! âŚbut putting the two together in one thread? hmm I expect to see nonchalence rather than an âalmightyâ explosion!!!
Well, Iâm not taking the verse literally. Far from taking forex trading as a âbusiness recommendationâ by Jesus Himself. Thatâs too much. I know itâs a parable. It is just, if trading forex is a sin, then Jesus wouldnât even take it as a parablein comparison with the Kingdom of Heaven. That is something big though. The whole Bible itself talks about the Kingdom of Heaven. Why would Jesus takes trading gold as parable to something crucial if it is a sin?
I think the meaning of taking profit at the expense of another is more like being a Market Maker broker. We all know our losses are market makerâs profit if youâre trading with them.
But that is the whole point here - he is not talking about âtrading forexâ, he is taking about depositing someone elseâs money into a passive, interest-bearing depository, which is an entirely different thing. And in that sense I would agree that JC had nothing against the principle of a banking system.
But this parable is irrelevant as a specific comment about trading forex with your own money as a speculative business. (I am not commenting here on whether trading is Christian or not, just that this parable is not relevant to that particular issue.)
Edit: Just had a thought here (a bit tongue in cheek, though!):
The point behind this parable is really all about missionary work, where some (the workers) sow the seed and the master reaps the harvest.
So if we wish to relate that to the world of trading, we could say that the brokers are indeed on the right side since they use the capital that their lenders and shareholders have entrusted to them to make them profits from the traders that they have recruited. And if the brokers are ok then surely their customers are as well!!!