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What do you all think about forex trading. is it gambling?

Harry

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Oct 12, 2019
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Hi all i have created a trading strategy which makes me win 85%+ of my trades and i make at least 10% daily every single day but when i start going to the forums and talk about my results the people start saying that
I’m gambling or The YOLO dude and they say like that warren buffet didn’t do it. but my results are legit like for example i make like 350 dollars in a day with like a $3k in capital.

Btw forex trading = foreign currency trading.
Its a 7+ trillion dollars traded per day.

So what do you all think about it?
 
*sits and wonders if trolls have a new method of writing 20 posts and come later to advertise their product*

*contemplates banning*
 
I am a forex trader myself and i can say its not gambling you can make a decent income with good strategies and money management.
 
HP. Hoodedcobra666 said:
*sits and wonders if trolls have a new method of writing 20 posts and come later to advertise their product*

*contemplates banning*
Hahahahha
 
HP. Hoodedcobra666 said:
*sits and wonders if trolls have a new method of writing 20 posts and come later to advertise their product*

*contemplates banning*



Cobra is stroking that ban hammer while contemplating his next move.


:D
 
Nama Enki said:
I am a forex trader myself and i can say its not gambling you can make a decent income with good strategies and money management.

I also am aware about Forex but this smells to me like a scam straight out of Africa or something, "Buy my trading method and win big!" with an oy vey added on the end, and another disclaimer on if you lose all your shekels, don't blame the author, type of stuff.
 
HP. Hoodedcobra666 said:
*sits and wonders if trolls have a new method of writing 20 posts and come later to advertise their product*

*contemplates banning*

oh do you think that i'm trolling? i use a leverage of 1:200 and i forgot to write that.
 
HP. Hoodedcobra666 said:
Nama Enki said:
I am a forex trader myself and i can say its not gambling you can make a decent income with good strategies and money management.

I also am aware about Forex but this smells to me like a scam straight out of Africa or something, "Buy my trading method and win big!" with an oy vey added on the end.

Yeah the market is full of scammers and most of them are Jews. If the Jews didn't exist, you will find making 10% day a normal thing. and it should be the normal.
 
HP. Hoodedcobra666 said:
and come later to advertise their product*

*contemplates banning*

i didn't write this topic to sell or advertise any thing i just wrote it to talk about forex trading with the SS not the retarded Xians.
 
I wouldn’t say it’s necessarily a scam. It is gambling though. Because without insider knowledge, you can’t predict the future. However, the entire model of casinos for instance is mostly a scam. Rigged machines, scientifically treated rooms to effect the psyche of the guests, etc. Certain gambling, if you’re researched, like sports, can have better chances then say slot machines. But with binary options and forex, with all the strategies, it’s still a chance. Thus gambling. Even you say yourself it’s not 100%. Thus it’s a risk or.... GAMBLE. Whether you make money with it or not, it’s gambling. So the choice is up to you. Because how a person chooses to spend their money is their own business of course.
 
I only used it once after Brexit was a Yes. I thought the euro was going to take a deep dive so I was going to bet against it and buy up a lot of pounds which were dropping rapidly at the time because all the mainstream media was telling everyone that the British economy was going to collapse. Then I realized you are not actually trading currencies on this website. They are just "representations of currencies". I didn't like how "unsmooth" the whole process was. Either way, this is no different than the stock market, which has to be rigged. But if you can guess what is going to happen to currency based on predictable world events, then give it a try?
 
I don't think anyone's going to sell you a 'winning strategy'. If a certain strategy works and makes a lot of money, by selling that strategy you would increase your own competition. You'd be acting against your own financial interest. The more people you sell it to, the less effective the strategy becomes. That is, if it worked in the first place. You saying that you're earning 10% a day seems implausible. If you started with $1000, you'd have $17,449 by the end of month 1, $304,481 by month 2, $5,313,021 by month 3. If you reinvested at the end of each day, you'd make that much. Seems unrealistic to me. If it was that easy, wouldn't everybody do it? According to forex forums, people at a pro level (over 5 years of exp) can make at most 30% per month consistently.

I'll believe you when you cash out a billion dollars next year, lol. Then you'd share your strategy for free right? I don't think any billionaires woud need to charge $660 for their Ultimate Forex Strategy course.. or be spending their time doing promotions for their course and interviews (instead of making another 50 million this month with their trades) like so many of these 'gurus' do. Part of me feels like you're planting a 'seed' of curiosity, then you'll single out some prospects, trade emails, and give them a sales pitch on your strategy, lol.

I think people who want millions should think more realistically. And not fall for these 'get rich easy' schemes that prey on the human desire for the fast results w/ low effort "I want it now!" mentality. How about Entrepeneurship? Building a business that serves people's needs w/ a high perceived value + scalability. I recommended these books before, The Millionaire Fastlane and Unscripted. They're books that help you build the mindset of a millionaire entrepeneur who can create a business system that is decoupled from his time. Get it through Blackbeard's discount if you're low on funds. ;)
 
Harry said:
HP. Hoodedcobra666 said:
*sits and wonders if trolls have a new method of writing 20 posts and come later to advertise their product*

*contemplates banning*

oh do you think that i'm trolling? i use a leverage of 1:200 and i forgot to write that.


Wonderful, just don't come back here crying later...
 
Harry said:
HP. Hoodedcobra666 said:
Nama Enki said:
I am a forex trader myself and i can say its not gambling you can make a decent income with good strategies and money management.

I also am aware about Forex but this smells to me like a scam straight out of Africa or something, "Buy my trading method and win big!" with an oy vey added on the end.

Yeah the market is full of scammers and most of them are Jews. If the Jews didn't exist, you will find making 10% day a normal thing. and it should be the normal.
If there were no jews the stock market wouldnt even exist lmao!
 

Al Jilwah: Chapter IV

"It is my desire that all my followers unite in a bond of unity, lest those who are without prevail against them." - Satan

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