Hi
MikeandPete,
Your posts would have more credibility to me if i had not of clicked on your profile, then clicked view all posts by you, and saw that 95% of all your posts here feature negative comments.
It seems alot of you dont know what 'Gambling" is, and thats very worrying (not for me, as i will happily take your money lol).
Definition of "Gambling":
Gambling includes any money won playing slot machines, bingo, or the lottery. It also includes money derived from betting on horse races, boxing, sumo wrestlers.
Another definition:
"Gamble"
verb gambled, gambling
tr & intr
1. To bet (usually money) on the result of a card game, horse race, etc.
Thesaurus: bet, wager, stake, hazard, speculate, prospect.2. To lose (money or other assets) through gambling.
Form: gamble something away.
What im talking about it buying/selling shares only, as thats what i do, i have never traded Forex or anything else, i only ever buy shares for the long hold.
Yes, there is "risk" in stocks, in Forex, in what ever you trade. But, there is "risk" when you drive to a 9-5 in the morning, if you perform badly at your 9-5, theres a "risk" of you getting sacked. So risk is not my issue, i minimize that, like we all try to.
Yes, some of the same skills that we need to trade are used in other things, like poker, we even use skills from accounting, money management, and all sorts, that does not mean were accountants.
I dont know what to call Forex, but by definition, its not gambling, risk is involved, but its simply not gamling, i cant make it any clearer than i have already with two definitions for you.
Are you telling us that Malkom Glazior (who just brought Manchester UTD) is a gambler? No, he brought 90% of the shares so he could take control of the business and own the club (not that people wanted him to!).
I think some of you are getting confused with gambling, poker, Forex, i buy and sell shares, i know the definitions, and i know i would never gamble a penny, i would not even put 50p in a fruit machine, i dont like risk! I studied charts with a few mentors for almost a year before buying anything, all the charts work the same.
Thats what i meant, if your getting into a trade, and you see it as a gamble (which means, BETTING ON AN UNCERTAIN OUTCOME), then you should not be getting in it until you educate yourself more.
Thanks
Matt
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