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Not gambling

Nov 09, 2020 at 14:51
2,137 Views
44 Replies
Member Since Jul 19, 2020   751 posts
Nov 09, 2020 at 14:51
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. If anyone wants to make real money, he should treat trading like a business. Also he should not have unrealistic expectation.
Member Since Jul 19, 2020   298 posts
Nov 10, 2020 at 12:01
Those here and there profit trades make them greedy. They keep doing random trading. They also keep unrealistic profit expectation. They don't have willingness to study and learn. Very few traders read books related trading.
Member Since Jul 23, 2020   759 posts
Nov 12, 2020 at 17:40
Gambling cannot give you long time success only short time pleasure. So, focus on learning real trading rather than random trades.
Member Since Jul 19, 2020   318 posts
Nov 21, 2020 at 18:23
Forex is not a gambling. You need proper knowledge to make money from this market. Without proper knowledge, you can not survive in this market.
Member Since Nov 09, 2020   15 posts
Nov 27, 2020 at 04:55
Gambling and forex trading are nowhere close to each other. You cannot get long term success with gambling but with forex you can.
Member Since Aug 30, 2020   15 posts
Dec 01, 2020 at 08:32
Gambling is not always bad.
Sometimes it's just bright emotions that make you not give up and move forward.
A lot depends on the attitude.
Member Since Apr 01, 2020   231 posts
Dec 01, 2020 at 09:41
Some people consider Forex as gambling but Forex is a real business and not gambling. You can make a real profit from it but you also need some good knowledge before start.
Member Since Feb 11, 2020   14 posts
Dec 08, 2020 at 11:59
Gambling traders need to prepare in advance for the expected account rotations. The market loves gamblers, as they replenish the accounts of prudent, collected, observing money management traders.
Member Since Sep 24, 2019   23 posts
Dec 11, 2020 at 11:52
In business you need to learn how to make decisions. And there is no room for reckless impulsivity. But sometimes something happens and you may find yourself in this situation. And there's a lot that depends on whether you can handle it.
Member Since Jul 23, 2020   759 posts
Dec 11, 2020 at 17:39
Tyronemings654 posted:
Gambling and forex trading are nowhere close to each other. You cannot get long term success with gambling but with forex you can.
Trading need pure market analysis and strategy. However, many traders gamble and lose money.
Member Since Jul 31, 2020   11 posts
Dec 23, 2020 at 09:56
And I agree with the opinion that trading is really a business, not a game.
This approach provides profit and confidence in the future.
Member Since Jan 21, 2021   48 posts
Feb 08, 2021 at 12:04
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   298 posts
Mar 09, 2021 at 12:40
In forex trading, most small traders do gambling. Actually when you do not have necessary skills to make profitable trades, you end up gambling. That's why skills are important.
Member Since Feb 04, 2021   31 posts
Mar 11, 2021 at 12:17
Forex trading is gambling for those who treat it that way. Getting profit in Forex trading depends on a trader’s skills and experience whereas gambling is all based on luck.
Member Since Jul 01, 2021   1 posts
Jul 01, 2021 at 16:56
I am not sure that this situation will be the most profitable because, for the gambling business, such a way is compromising. I have played casino games for more than three years, and I can say with certainty that the more convenient way is the online casino because it is more reliable. In particular, I like it because of the use of cryptocurrency. For today, online casinos are more convenient because many local casinos have not yet opened after the pandemic.
Member Since Apr 01, 2020   231 posts
Jul 01, 2021 at 23:57
gambling can make you greedy and you can involve in false and fake methods to earn more and more money within no time. So in this, you can lose your whole money very quickly.
Member Since Jul 19, 2020   751 posts
Jul 02, 2021 at 13:30
@Dictiony Gambling not just makes one greedy, it reduces the possibility of being a good trader. By doing gambling a trader hamper his mindset. It's very difficult for them to control their impulsive mind.
Member Since Mar 28, 2021   617 posts
Jul 05, 2021 at 08:01
@UweMoench People do gambling because they do not know how to make profit without doing gambling. That's why we should focus on developing skills.
Member Since Jul 19, 2020   751 posts
Jul 31, 2021 at 11:28
@GeorgeBischof Gambling and trading in forex is totally different things. People do gambling in trading when they do not know what to do?
Member Since Apr 03, 2021   470 posts
Aug 02, 2021 at 23:43
Forex trading is not gambling, but forex is a risky business, how to make money in forex trading required special skills to become a profitable trader, they need to improve good trading strategy, good money management, and also0 strong psychology trading, if trader working forex trading like as gambling, they can rely upon luck only.
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