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Forex is not gambling.


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Trading is not a gambling by guessing where the price will move, although there are many traders, most for beginners that are exactly gambling. Trading currencies on the forex market requires logical and analytical calculations based either on fundamental or technical analysis or price moves. Forex is the best business, do not compare it with gambling and learn forex with TryMarkets. This is the best broker you can have I assure you.

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  • 3 weeks later...

Yes Forex is not gambling. Gambling is a process followed by traders to earn more within a very short time. It is not a proper trading system. In this system traders transfer their capital in new account and trade with big lot to make a huge profit. But I avoid trading like this but most of the time it carries high loss to the traders. With Trade12 I have the lowest transaction cost that’s why I am happy with my earning. Their security is high.

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Gambling is basically a technique of transferring a specific amount of capital in a different account with a view to earning more. In this process traders usually trade with a high lot in order to earning more. Thais type of trading is not fair. I am not addicted with this type of trading method. As I am trading with bitcoin with https://evolve.markets/ so my trading profit is always high. This is a high liquid broker.

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Forex is pure business. Those who say it as gambling, think they don’t have any idea about forex market. Forex trading need many analysis, market prediction, calculation, spread support, leverage usage etc. And all of these definitely don’t have to do in gambling. Gambling is pure luck and trading is mental hard work. In gambling you won’t have any support from dealer. But in forex we got support from our broker. I got 2 pips fixed spread from my broker AAFX.

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Forex is not gambling. We need knowledge, skills and it can not be got in quick time. We can not rely on luck when trade or we will only lose our money. Try to learn about forex, or try to trade before judge it. And for people who want to start trading in forex, try to use demo account and learn about forex trading first. FXB provide forex articles and ebook for their traders.

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Gambling refers to such an technique through which a trader transfer some of his capital in the other account and trade there with a huge lot with a view to earning a lot of money within a very short time. It is not a proper trading system. Because to trade proper we need to survey on market in which process a trader needs o calculate support and resistant to know about market movement. As a technical analyzer I have the big opportunity with the bitcoin based broker called Evolve Market.

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At least i wont relate trading with gambling because we have to follow certain rules, doing analysis and making good conclusions based on such experience to earn money however if we make mistakes we will looses money in forex for sure. SO i think it isn't any gambling but a pure professional business which does not spare any mistakes.

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Forex trading is the ultimate form of gambling. We get to review past price action before putting on a trade. Can you imagine getting to see the dealer’s hand before making a decision at the casino? That’s exactly what we can do in Forex. It all comes down to putting on trades where the probable win is higher than the probable loss.

I trade with Forex4you, through my trading experience with them I can say though every business is kind of gambling but we have to treat forex trading as our business, not like we are playing in casino. This way we can achieve success through currency trading. Also you have to choose the right broker for you like I did for me.

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Forex is indeed not a gambling business and I really think and believe that a trader should be always available to the proper trading style. A person will only gamble in this market when he or she is not quite experienced with the trading world and for lack of knowledge they can use bigger lots. Some beginner traders also make the same mistake as they come into the market with big hopes.

I am currently trading with FreshForex where they provided me with proper education about risk and money management which lets me understand the facts about how to manage the trading lots and proper risk in every trade. I am grateful to them for providing me such a successful trading life.

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