Sep 02 2021 at 03:14
Trading feels much safer to me than gambling since decisions can be based more on factual evidence. I know there is still guesswork involved but resources can help us to double check and those that understand the markets have more chance of success.
Sep 02 2021 at 05:33
It annoys me when people call trading gambling......
All or nothing
Smith2525 posted:Yes. You are right. Both are completely different
It annoys me when people call trading gambling......
those who confuse such a concept have worked very few places, which means they do not have the correct understanding for work
HeavLeighGill26 posted:But you have to make proper use of the resources.
Trading feels much safer to me than gambling since decisions can be based more on factual evidence. I know there is still guesswork involved but resources can help us to double check and those that understand the markets have more chance of success.
It should be understood that gambling is a completely different industry. It just doesn't make sense to compare them, because the industries are completely different.
Gambling forex leads to the total loss of the deposit and dispair. This should be treated as the ultimate truth like smoking is harmful for your health.
Forex trading looks like gambling but it is not. It is a real business. In a gambling, we don’t know what we are doing but in business, we understand properly that what we are doing. Gambling follows luck but business follows practice and experience.
What do you enjoy doing? Maybe start from there. Lots of things will earn you money, but it may as well be something you enjoy. And something that’s consistent.
here I agree, you need to build on your interests and your understanding of what and how it works
This should be understood initially. Otherwise, the trader runs the risk of simply losing his money while playing.
Many who think of this industry as a game very often end up later considering this industry a hoax. And everything is simple for the reason that, by their own stupidity, they lost money.
Gambling will definetely lead to the absolute loss of money in the long run. Successful trading implies consistency and sensbbble approach to making decisions.
@Grimatio Yes forex market is not for gambling. Here one needs skills, knowledge and experience to be successful. It takes years of dedication to be skilled in trading.
Dec 07 2021 at 22:23
It can be if you have no discipline.
People treat trading as gambling. They think with having random trades they will be able to make money. Bit trading needs discipline and knowledge.
Yes trading is not gambling. But people treat it like gambling. When we don't have enough knowledge and skills but we want to do it, we end up gambling.
Dec 09 2021 at 20:23
Gambling is based on luck. But the forex is totally different from it.
Dec 15 2021 at 13:11
Forex trading demands traders to have the knowledge of technical and fundamental analysis. It’s not gambling. It, however, becomes gambling when traders don’t take the market seriously. It’s a mindset problem: forex doesn’t make anyone rich overnight. Your knowledge in forex will only get you ahead.
