rockstar Posted January 19, 2012 Share Posted January 19, 2012 i think the rational behind it is because of its nature,traders make much money without physically stressing ,many go home in sorrow without seeing anybody to blame. 9 Quote Link to comment Share on other sites More sharing options...
ermaniso2011 Posted January 20, 2012 Share Posted January 20, 2012 they are thinking that way couse of they are gambling not trading.trading in forex is a business we cant just open a postion without analyzing the trend and getting clear signals.most of the traders loose couse of their own mistake ,they want to get rich in a week then that is why end of the day they loose all their deposit :)so they need to blame somebody.whom?ofcourse not them self they will blame THE FOREX Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 29, 2012 Share Posted March 29, 2012 It is because most traders are losers and then since most traders do not win when they take a lot of trades, they think luck or gabling is all that is needed to succeed When a trader begins to rely on luck, that trader is already gambling and will not get much from trading. Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted June 12, 2012 Share Posted June 12, 2012 Because it is like gambling, many people say right its gambling and it's not such pure business. Quote Link to comment Share on other sites More sharing options...
luckyvoy Posted June 14, 2012 Share Posted June 14, 2012 There being no way to predict 100% right what the next move will be there remain probability of losing while expecting a win, what make it wiser is limiting the losses with stop loss and trading for bigger targets. Quote Link to comment Share on other sites More sharing options...
freaky Posted June 15, 2012 Share Posted June 15, 2012 Good and professional traders do not see foreign exchange trading as gambling. I my self don't see it as gambling. Those that see it as gambling are those traders that don't really think that analyzing the market is important, they want to start making huge profit immediately. Quote Link to comment Share on other sites More sharing options...
rexway Posted June 28, 2012 Share Posted June 28, 2012 Yes many people see forex trading as gambling because their ability to trade and makee profit is low because there are no much thing which they have learn so far the the basic thing for them to do is to try thei possible best and learn much about forex with this it will be possible for them to trade and win more trade with respect to their trading ability,while some of them see forex as gambling because of the reversal which do result into loss atime. Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted July 2, 2012 Share Posted July 2, 2012 Well because they feel forex is nothing but a scripted game and they r gambling here Quote Link to comment Share on other sites More sharing options...
Idris Posted July 8, 2012 Share Posted July 8, 2012 I'm sure that those who have the full knowledge of forex trading and are profiting from it won't say that its gambling. Its people who are not ready to demo trade, read the charts and trade the news all in the name of 'so i'll do all these before trading'. These people will enter the market without doing any of the above so when they lose, they say that forex is gambling whereas they themselves are the gamblers because they entered the market to trade without analyzing the market Quote Link to comment Share on other sites More sharing options...
pepy Posted July 9, 2012 Share Posted July 9, 2012 there are someone loss in forex and someone get profit, and in fact it more like gambles, and maybe that is why some poeple see this one as gamble not because of loss and then they blame forex as gamble but based on that fact that happened, as for me it doesn't matter about that one, i still doing forex . Quote Link to comment Share on other sites More sharing options...
indieover Posted July 28, 2012 Share Posted July 28, 2012 Indeed there's no assurance that you would get some profit. I would not say it's gambling but it's risky though. You would need great knowledge for you to know how to make profit in forex. Quote Link to comment Share on other sites More sharing options...
hardworks Posted August 23, 2012 Share Posted August 23, 2012 Because, there are so many newbies in Forex trading. They should understand the fact that gambling is for losers. There are more number of losers in newbies, they should concentrate on learning to improve themselves to achieve success. Quote Link to comment Share on other sites More sharing options...
tirus Posted August 27, 2012 Share Posted August 27, 2012 This is because they are trying to use forex trading as a solution to their immediate financial woes and therefore expect to get profits or returns in the short-term. Forex trading gives us an advantage in that the more knowledge and experience we have we can influence the results of our trades so we should use that advantage. Quote Link to comment Share on other sites More sharing options...
Hunter Posted August 29, 2012 Share Posted August 29, 2012 Simply pu they don't know the basics of forex market and how it works. It doesn't take huge amount of study to learn how it works. Some experienced traders could help you understand lot quicker then you do on your own. If you understant the basic market structure you can set stop losses and take profit at a reasonable places and then you can let them market play. Quote Link to comment Share on other sites More sharing options...
nullahfx Posted September 4, 2012 Share Posted September 4, 2012 why many people see forex trade as gambling? I think, because they don't yet know about forex trade more detail. They should understand about forex before they say that forex trade is gambling. Quote Link to comment Share on other sites More sharing options...
profitfx Posted September 4, 2012 Share Posted September 4, 2012 i think the rational behind it is because of its nature,traders make much money without physically stressing ,many go home in sorrow without seeing anybody to blame. I think forex is a especial business that where traders can earn very much money but the substance is not borned.I don't like this but forex is the best way to earn for me now.And i don't think it is gambling. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 7, 2012 Share Posted September 7, 2012 For me, forex is not a gambling as in gambling we have even percentage of chances for winning which is normally 50-50% but in Forex, a trader who has already gained all the trading skills and knowledge finds themselves having better percentage of chance of winning in forex. I myself win 80% of my trades approx. which I could not have which gambling which is based on pure luck rather than skill. Quote Link to comment Share on other sites More sharing options...
fari Posted September 7, 2012 Share Posted September 7, 2012 i tell you the reason why people call this gambling because of its unpredictable nature. it is being considered that like gambling everything depends on luck which is very wrong. this is not in case of forex. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 16, 2012 Share Posted October 16, 2012 because many of the They were just looking at forex is just from the outside but did not know in detail about the actual forex so that they will only see that in order to take advantage of forex just takes luck alone without the need for a good knowledge to get it Quote Link to comment Share on other sites More sharing options...
adnan007 Posted October 26, 2012 Share Posted October 26, 2012 Forex can not be termed as gambling but it is considered somewhat similar to gambling. As in gambling, most of the games depend upon luck but in Forex, luck doesn't have a big role to play but its the skills of the trader that matters the most. Moreover, gambling is restricted by several countries but Forex isn't against the laws. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 28, 2012 Share Posted October 28, 2012 before we plunge directly into forex trading is better to know in advance the actual forex, because many of them are not familiar with forex is a business that requires a knowledge will always think that to make a profit in forex trading just needed a good luck because it that many who think that forex is a gamble because many of them are seen only from the forex outward Quote Link to comment Share on other sites More sharing options...
rexway Posted November 10, 2012 Share Posted November 10, 2012 Actually the key reason why people see forex trading as gambling is just simple some people dont have what it takes them to trade in the forex market because forex need your attention and focus but they rather start trading without some of this features been put in place. And at the end of the day what you get is completely loss. Quote Link to comment Share on other sites More sharing options...
alam3636 Posted November 11, 2012 Share Posted November 11, 2012 Well forex have risk factor, and we cannot predict accurately how the market shall move in next hour or day, so people consider it almost like gambling but those with good trding skills manage to make more profit than losses and so enjjoy handsome returns every week or month. Quote Link to comment Share on other sites More sharing options...
rexway Posted November 13, 2012 Share Posted November 13, 2012 Well actually that is very much true in forex you are the one that hold the secret to all your financial need you have to know that in any business which we undertake there is always a high risk factor and forex is not an exception so for real we have to practice adequate to see that we profit massively in this business. Quote Link to comment Share on other sites More sharing options...
luke1 Posted November 15, 2012 Share Posted November 15, 2012 This thing happened because the risk on Forex trading is about the same with the chance to make profit here. Then what we can see here, investors can lose money 100% on Forex trading. This is totally not a good thing for us here. So, then, many people think that Forex is the same with gamble Quote Link to comment Share on other sites More sharing options...
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