The bitter truth: forex trading is for the worldly & not for Christians

I’m not sure if you are ignoring what trading is, or if you are ignoring what gambling is, or if you are ignoring what your religion says. But you are certainly ignoring at least one of these things as well as ignoring logic.

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Please can you say what that is so it will help ful for me

Please say what im ignoring so I can know it its also helpful for our brothers in Christ even for me personally

This is just completely wrong.

If you “buy” EUR/USD or any other pair, you are not really buying anything. Your “trade” is not IN a market so it can’t possibly “impact” a market.

You’re only betting against someone on the price movements of their products.

You’re not “adding liquidity” to anything or anyone. You’re just betting. You’re not creating any “value”. George Soros might be. You and I are not. If you don’t understand this, you’re fooling only yourself.

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So what is your conclusion?Is gambling?

Not “my” conclusion - just a factual statement.

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In forex market approximately $6 trillion trading volume a day

I know my investment will not affect the market because it’s very tiny compared to $6 trillion But I can be the part of the 6 trillion?

It’s hard for me to teach you about Christianity since I am not a Christian. And no matter what I might read about Christianity, does that mean I can teach anyone about Christian faith? I don’t think so.

But when we trade forex, we are not buying and selling of currency or anything else, we are not producing or manufacturing anything. If I buy EUR/USD, I am betting that the value of the EUR will rise and the value of the USD will fall, relative to each other. I have placed a bet with the broker - my bet does not affect the USA or the eurozone or the EU or their national economies - they don’t even know I have placed a bet.

If I am right and the EUR/USD rises, the broker will have to pay me a profit in relation to the size of my position. He gets money to do this from the clients who bet that the EUR/USD would fall and who had to pay him.

This is gambling. It does not matter whether you use skill to gamble or whether you just make a guess, it’s still gambling. In the same way, if I place a bet on a horse to win, it does not matter whether I have watched that horse since it was born and studied all its race results, and I know how good the jockey rides and I have tracked all the other horses and jockeys in the race - or whether I just liked the colour of the jockey’s shirt, so I bet on that horse. It’s still gambling.

If your religion says nothing about gambling, go ahead and trade forex. But if it says it’s a sin, you should ask yourself if you should be doing this.

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That is also true, but it isn’t the main reason, and it isn‘t actually relevant.

Your “trades” are not part of the $6 trillion at all. They are not in the market. They’re not really trades - they’re only bets.

If you want your trades to be in a market, you need to trade forex futures on the futures exchange. Then you’ll actually be doing “trading” in the sense you (wrongly) describe above. Retail spot forex and forex CFDs are not trading.

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Just analyse brother your statement is wrong

Not so. His statements - and those of others above - are entirely correct.

You’re the mistaken person here, Patrick.

(Maybe you’ve bought into the nonsense that many “brokers” claim about being STP or ECN or NDD or the other BS with which they try to fool customers? Good luck to you anyway.)

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How brother can you explain?
Why in spot market not affected by our entries?

Because (exactly as explained above by others) your “entries” are NOT IN any “spot market”: they’re bets against your counterparty, whom you think of as a broker. Everyone is telling you the same thing, here, for the same reason. :pleading_face:

Again Im saying you all wrong are in my humble opinion

Just you guys misunderstanding Futures market and spot market

Then why banks involved in spot trading?
Then why George Soros trade against thai (bhat) in 1997
And made crises . In spot trading

They trade at interbank. That’s a real market!

You and I don’t. That isn’t. We’re betting, as everyone keeps telling you.

(What’s wrong with you, Patrick?! How can you not know this?!).

Brother but my broker provides ECN system only. Direct access to interbanks

(Exness broker and IC markets )
Is a genuine broker

If you choose to believe (for whatever reasons suit you) that forex trading with IC and/or Exness isn’t betting(?!), it looks like we’ll never convince you otherwise, brother. :sweat_smile:

(If ever you decide that you might like to trade forex futures instead, so that your trades are actually trades, and are in an actual market - like those of the banks and Soros - rather than just being bets, give us a shout again. Otherwise, just “good luck”.)

Ironically enough, these are two of the brokers whose own terms and conditions actually specify in writing that they’re the counterparty, that they hold the other side of your bets, which are not passed on to any real market.

So you absolutely couldn’t be more wrong.

But hey ho, good luck anyway with your betting.