Post
Topic
Board Trading Discussion
Re: Why some people consider trading on STIXEX as gambling and not day-trading ?
by
Stixex.io
on 04/04/2020, 05:59:49 UTC
what do you think it happends if "not" ? Of course you lose !
Well, if I lose it means my money is gone, right?
What happens in normal trading is not like that, it only reduces its value.

what are you talking about ? Why did you assume that it is my platform? Are you just like tke other guy can read peoples minds ?
I know the site you mean by reading your username that shows the address of the site, not reading people's minds. As many people assume, your account will be considered to represent the site owner

there is a fixed profit if you win and fixed loss if you lose, those numbers are known in advance, what exactly are you not sure about ?
Because I had bets a predetermined amount, then I knew if I won or lost I would get or loss that amount of money. I still consider it the same as gambling.
In normal trading, the profit or loss that I will get is only determined by the depth and height of the candle. Even when I set a stop loss, it doesn't mean that my assets will be sold at the value I specify because of the high demand and will be a sell order.

But most importantly, my original question is about whether guessing candle color is the same as trading or more like gambling. Yet for some reason you are obsessed with the question if the platform is legit or not, that's not the point here and your opinion about this part was not solicited. Please people, I would appreciate if you could stay on topic.
Where can I review if the Stixex platform is legal or not? You have not even stated that it is yours. I have expressed my assumptions about the workings of guessing the color of a candle with a sports bet. Of course it is for all platforms globally with methods like the site you are referring to. Am I still offtopic?

I assume here as a normal trader, and I have never used this kind of platform. Maybe some points I do not understand. So, if you really want to teach us about this, at least you provide a related website address (your platform or whoever doesn't care) to better understand how it works.

1. Only the amount that you bet is gone, not your entire account and you can bet as little as $2. Just like in normal trading, when you place a stop and it gets triggered, you lose that amount. Actually, in normal trading you can lose more then you planned due to slippage or a flash crash, on STIXEX that is not possible, so its safer from risk management side.

2. I used the name of the site because that is were I trade and that is the topic that interests me. If I were to trade on Binance and call myself Binance trader would that mean that I own Binance ?

3. OK, so you opinion is that placing bets on a candle color is a form of gambling, but trading on up or down price isn't, that's great, that's what I wanted, peoples opinion.

4. I don't know where you can view if its legit, I guess you can search online to see if you can find people who answer you that or you can contact them. I.ve been trading there for a long time, I have not had any problems.

Like I said before, my point wasn't to educate people about STIXEX, plus if you wanted to check it out you could of just googled STIXEX. But if you need the link, its www.stixex.io