if you do not know what you are doing then forex trading is a gamble, it takes years to learn and study the market so dont rush it, learn the trade of trading and then the time will come when forex becomes a decent business
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Is forex same as gambling?
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Originally posted by maligno View Postif you do not know what you are doing then forex trading is a gamble, it takes years to learn and study the market so dont rush it, learn the trade of trading and then the time will come when forex becomes a decent business
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Originally posted by maligno View Postif you do not know what you are doing then forex trading is a gamble, it takes years to learn and study the market so dont rush it, learn the trade of trading and then the time will come when forex becomes a decent business
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Originally posted by Gaban View PostWe will not be able to get 100% profit every day in forex, because the movement of the market we can not predict with certainty, we can not rely on luck only in forex. This is different from gambling.
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Originally posted by duderex View PostTrue, as long as you can minimize the lost during trading, that will be sufficient. But not treating Forex as gambling. Gambling and trading is absolutely, definitely different terms.
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No forex trading business is not like gambling. Because to succeed in gambling we depend on our luck only. But to succeed in forex trading business we can not depend on our luck.
To succeed in forex trading business we need to have a ton of trading skills and analyzing knowledge.
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Originally posted by smith448 View PostNo forex trading business is not like gambling. Because to succeed in gambling we depend on our luck only. But to succeed in forex trading business we can not depend on our luck.
To succeed in forex trading business we need to have a ton of trading skills and analyzing knowledge.
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it is gambling when You don't know what You are doing ...
anyone can put 5 winners in row just on pure luck ...
but trading for a living should be something more than gambling !Last edited by killbill1234; 13-03-13, 09:04.
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Originally posted by Gaban View PostA lucky indeed we need, but luck will not always follow us. That is why we need the ability to be able to obtain trading profits consistently in forex. And trading skills that we should also hone in order to become better. Demo trading and demo contest are the perfect place to hone our trading ability.
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