Forex is Gambling or Lottery ?

This is a discussion on Forex is Gambling or Lottery ? within the Forex forums, part of the Markets category; Originally Posted by Peter Borren But there is nobody who can avoid loss completely from here in spite of good ...

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Old Sep 4, 2017, 10:54pm   #9
Joined Feb 2002
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Originally Posted by Peter Borren View Post
But there is nobody who can avoid loss completely from here in spite of good trading knowledge. no way to avoid loss.

So what? The aim of the game is not to avoid all losing trades, it is to make a profit. The losing trades are just your over-heads, like your electricity bill or your phone line bill or your local rates/taxes.
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Old Sep 5, 2017, 6:18pm   #10
Joined Sep 2013
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So what? The aim of the game is not to avoid all losing trades, it is to make a profit. The losing trades are just your over-heads, like your electricity bill or your phone line bill or your local rates/taxes.
Yeah same like a fixed costs in business. You can't avoid them but they decline with time as your experience grows.
You have to form a tepid attitude to money, treat it like a product you are selling. Sometimes you can sell it, but sometimes you can't. Losses are part of the game.
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Old Sep 8, 2017, 12:15pm   #11
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Originally Posted by Larrystone View Post
Do you trade just one system on forex?
Are you referring to trading pairs or commodity..? Please explain a little more, thanks!
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Old Sep 8, 2017, 4:01pm   #12
Joined Apr 2016
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Many forex players don't know about some of the above.
I didn't know any of those. Did you get them from the merchants ?
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Old Sep 8, 2017, 4:15pm   #13
Joined Apr 2016
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Do you know how To Trade Currency And Commodity Correlations? Yes or no
No.
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Old Sep 8, 2017, 5:32pm   #14
 
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Dear Mr Stone,

Please find attached a video which I believe is pertinent with respect to your general trading approach.

Yours Sincerly

Berty O'Bollócks

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Old Sep 8, 2017, 7:38pm   #15
Joined Apr 2016
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Originally Posted by Larrystone View Post
Who are the "Merchants". Pls explain . I'm sure other members would like to know.
Merchants are an advanced concept. There's no point explaining to you because you will not be able to understand it. It's like trying to explain calculus to a 5 year old. It's just not possible.
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Old Sep 8, 2017, 8:51pm   #16
Joined Oct 2015
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Originally Posted by Larrystone View Post
If you continue this type of animal behaviour, you run the risk of getting banned. So stop it at once! That's a good chap.
he knows a lot about forum rules and getting banned for someone who joined two days ago

Last edited by Kaeso; Sep 8, 2017 at 8:56pm.
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