Forex - work or play? What do you think? - page 2

 
Andrey F. Zelinsky:

But, economically speaking, it is not right to compare DCs, "kitchens", exchanges, etc. with betting shops and casinos, because they have different tasks and roles.

I am not going to talk about exchanges, etc. - it's a separate and complicated issue. But the DC (kitchen) is clearly a bookmaker's office with the same goals, objectives and role. With a license to conduct lotteries.)
 
Andrii Maksymchuk:
Forex - work or play? What do you think, colleagues ? )
It is a WORK, the reward for which is given out probabilistically ).
 
Yuriy Asaulenko:
About the stock exchange, etc., I will not, but the DC (kitchen) is clearly a bookmaker's office with the same goals, objectives and role. With a license to conduct lotteries.))

you are confusing the legal and tax treatment of the process -- and the role of, for example, a DC and a betting shop -- in the factors of production.

p.s. I will not go into the controversy - everyone draws conclusions to the extent of his or her loose understanding anyway.

 
Andrey F. Zelinsky:

you are confusing the legal and tax treatment of the process -- and the role of, for example, the DC and the betting shop -- in the factors of production.

What kind of production?
 

a lot of similar topics have been...

For those who come to play, it's a game...

for those who want to make money it's a job...

 
Yuriy Asaulenko:
I am not going to talk about the stock exchange, etc., it's a separate and complicated issue. But the DC (kitchen) is clearly a betting company with the same goals, objectives and role. With a license to conduct lotteries.)

Yuri, if you take into account (c)"DTs (kitchens) unambiguously" - and what is the difference, all quotes are the same, sometimes there is a difference of a couple of pips, which is not critical.

If you look at the "scam", there is only one thing: "scam and no payout", but if you approach the issue of making money, it does not matter where you make a trade, if you go against the movement, the most reputable exchange will charge you a loss on the transaction, and if you went right into the movement and closed the profit, you will have a shitty brokerage company with profit, your trade does not depend on where you trade and with whom you trade. We have moved past the times when brokerage companies artificially created 50pp slippers to take out stops, now your profit depends on how correctly you predicted the movements and the profit depends on how you exited the trade and no brokerage company can stop you, the most reputable brokerage company cannot help you make a profit. Everything is in your hands.

 
Vitaly Muzichenko:

Yuri, if you take into account (c)"DTs (kitchens) unambiguously" - and what is the difference, all quotes are the same, sometimes there is a difference of a couple of pips, which is not critical.

If you look at the "scam", there is only one thing: "scam and no payout", but if you approach the issue of making money, it does not matter where you make a trade, if you go against the movement, then the most reputable exchange will charge you a loss on the transaction, and if you went right into the movement and closed the profit, you will have a profit in the shitty brokerage company, your trade does not depend on where you trade and with whom you trade. We have moved past the times when brokerage companies artificially created 50pp spikes to take out stops, now your profit depends only on how correctly you predicted the movements and the profit depends on how you exited the trade and no brokerage company can stop you, the same way the most reputable brokerage company cannot help you profit. Everything is in your hands.

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Alexey Burnakov:
It is a WORK, the reward for which is given probabilistically.)
This probability can also be negative, in which case the reward turns into a punishment. Therefore, the usual understanding of the meaning of 'work' as a source of income is not acceptable here. Something else has to be invented in order to adequately assess and characterize this occupation. It seems that the closest thing to it is the word "prospector" - a job with an outcome that is not known in advance.
 
Yousufkhodja Sultonov:
This probability can also be negative, in which case the reward becomes a punishment. Therefore, the usual understanding of the meaning of 'work' as a source of income is not acceptable here. Something else has to be invented to adequately assess and characterise this occupation.
less risk, more profit.
 
Roman Busarov:
less risk, more profit.
This is not always true. Sometimes, the less risk, the less profit. Otherwise, risk-free trading would flourish, which is not the case. It is possible to organise a low-risk profitable trade, but its efficiency will be close to that of a bank.