By gambling one can get

Dec 30, 2020 at 12:45
1,400 Views
22 Replies
Member Since Jul 19, 2020   751 posts
Dec 30, 2020 at 12:45
By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. A trader should focus on learning. Otherwise one should not trade currency.
Member Since Feb 24, 2020   7 posts
Dec 30, 2020 at 13:07
There is something similar in forex trading to playing in a casino. The same stacks for a certain currency. Possibly win. But there are also losses, which are many times greater. And which happen often both for beginners and professionals. The difference is that the professional will accept his failure, analyze what happened and start waiting for a favorable entry point into the market. And the layman will start to recoup. And as a result. Loss of account.
Member Since Jul 19, 2020   788 posts
Dec 30, 2020 at 20:02
Trading is not gambling, but if one thinks of it as gambling and tries to succeed, he will never be a profitable trader.
Member Since Jul 23, 2020   759 posts
Dec 31, 2020 at 03:49
Forex trading is not like casino. So, you cannot gamble in trading market.
Member Since Jan 21, 2021   48 posts
Feb 05, 2021 at 03:51
Forex trading is only profitable with learning and practicing. You can win some trades by gambling, but ultimately this can lead you to lose all money.
Member Since Jul 19, 2020   788 posts
Feb 05, 2021 at 08:06
If you take trading as a gamble, you will never succeed in trading. You need to maintain discipline and plan and trade.
Member Since Apr 15, 2020   83 posts
Feb 05, 2021 at 09:29
I think those who make the comparison between gambling and forex end up with a negative impression of the work.
Member Since Jul 20, 2020   399 posts
Feb 05, 2021 at 17:34
Absolutely agree. You need to focus on the process and the money will come
Member Since Dec 15, 2020   12 posts
Feb 16, 2021 at 05:13
I don’t see a similarity between trading forex and gambling. I don’t know why people confuse one with another.
Member Since Nov 19, 2020   104 posts
Feb 16, 2021 at 05:31
Gambling is totally luck dependent, whereas forex depends on many other factors as well. I don't think there's any logic behind comparing.
Member Since Oct 16, 2020   137 posts
Feb 16, 2021 at 10:37
Learning is essential for trading. Without knowledge, you are can win in two-three trades but in the long run you will lose all that you made.
Member Since Dec 28, 2020   187 posts
Feb 17, 2021 at 08:47
You can’t make any profit in Forex depending on your luck only, you need to learn and practice trading in order to make consistent profit. But gambling is a totally luck dependent game. A gambler puts up money in the hopes of a return if a random event occurs.
Member Since Dec 24, 2020   16 posts
Mar 03, 2021 at 04:42
I think there is a lot of research, learning and a deep understanding of the market is required for trading forex. Can’t say it’s close to gambling there.
Member Since Mar 03, 2021   1 posts
Mar 10, 2021 at 14:01 (edited Mar 10, 2021 at 14:04)
Sorry, but I don't agree with the statement that gambling and trading are similar things. I have experience in both of these areas. Trading is a much more complicated thing. When it comes to gambling, you just need to find your favorite casino or gambling platform and find out about all specificities. The main rule for me is to play not more than four times a week. I've played only [url=https://tr.superbahis.pro/]superbahis[/url] here this year. It's a great option for me because it's possible to make bets on sport from time to time which helps me take my mind off gambling when I need to.
Member Since Jul 19, 2020   298 posts
Mar 13, 2021 at 13:03
Discipline is the key to success in trading. Due to lack of discipline many good analysts lose money in the market. It's the hardest thing to achieve in trading.
Member Since Apr 16, 2017   39 posts
Sep 05, 2021 at 15:20
UweMoench posted:
By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. A trader should focus on learning. Otherwise one should not trade currency.


Gambling and winning is the worst thing that can happen to a trader as it rewards their bad behaviour
Member Since Jun 15, 2021   16 posts
Sep 06, 2021 at 10:24
I think people who lose their money in trading begin to compare it with gambling . They don't take the responsibility for their losses and blame it on the market itself, and call it a gamble .
Member Since Jul 19, 2020   751 posts
Sep 06, 2021 at 11:16
@mattieharper Knowingly or unknowingly they do gambling. For trading discipline is very important. And most traders do not have discipline in their trading.
Member Since Jul 19, 2020   788 posts
Sep 06, 2021 at 15:02
croisssan posted:
It should be understood right away that trading and gambling are two different industries. And comparing them is really not the best idea.
That’s right, two different companies.
Member Since Sep 18, 2020   15 posts
Sep 07, 2021 at 18:56
I don't really understand the people who gamble on forex market. I mean that gamblers usually derive pleasure from the process itself but not from the result. I wonder, how it is possible to derive pleasure from sitting before the computer screen for several hours following the charts. Gamblers will definetely lose the money sooner or later. THey don't have neither practical knowledge, nor psychological control over the situation on the market.
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