It's entertaining how profoundly our trader consciences can be attached to the possibility that what we do is by one means or another nobler than betting. I think Justin made it very clear what meaning of betting he's utilizing: risking something you possess (capital) against the possibility of gaining benefits on that capital, with the proviso of doing your best to guarantee the chances are to support you. The individuals who think forex is betting where you can't help modify the chances and it's best to simply take the plunge will lose, beyond any doubt.