Not gambling

Nov 09, 2020 at 14:51
2,969 Views
52 Replies
Member Since Mar 28, 2021   586 posts
Dec 08, 2021 at 07:20
People treat trading as gambling. They think with having random trades they will be able to make money. Bit trading needs discipline and knowledge.
Member Since Jul 19, 2020   749 posts
Dec 09, 2021 at 06:40
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.
Member Since Jul 23, 2020   816 posts
Dec 09, 2021 at 20:23
Gambling is based on luck. But the forex is totally different from it.
Member Since Nov 23, 2021   34 posts
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.
Member Since Mar 24, 2020   80 posts
Dec 15, 2021 at 23:12
1. Trading Fx , commodities, what ever if a mundane job (period) trade on trade off.

2. You have your proven strategy / edge ( and you need this )

3. You take the out come win over lose percentage and you move on .

MONTH END if you have number 2

Your in the MONEY.

Not Specified
Member Since Oct 28, 2024   63 posts
Nov 06, 2024 at 08:35 (edited Nov 06, 2024 at 08:36)
The forex market is not a gambling place.
I wonder how you can play with your capital!
Gamblers will definitely lose their money sooner or later.
But there are methods in gambling that can be used with changes in the financial markets, such as Grid, Martingale, etc.
But there is nothing better than having a good entry point and SL&TP
You can use TW Trend Sniper indicator, SL and TPs or you can do martingale.

Attachments:

Together, we can unlock endless opportunities and achieve your desired results.
Member Since Feb 12, 2016   127 posts
Nov 06, 2024 at 18:05
FXOday posted:
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.

Yes you have to possess all necessary skills like psychology, math skills, coding, financial markets knowledge, etc. and this should be mixed in perfect way to achieve desired results
Member Since Aug 28, 2024   61 posts
Nov 07, 2024 at 06:08
trading isn’t just luck—it takes skill, planning, and discipline. Without a solid strategy, it’s easy to treat it like gambling and lose money fast.
That’s why can use a reliable signal provider to make informed decisions and improve chances of success.
SureShotFX and Signal Start can be options to explore. Providers give ebooks and guidance to get into more into trading.

Overall, No trading is not gambling. With the right guidance, you can trade smarter, not harder.

All in for Success
Member Since Aug 18, 2019   76 posts
Nov 07, 2024 at 10:12
I completely agree with the points raised here! Treating trading as a business—built on strategy, knowledge, and realistic expectations—sets successful traders apart. Trading without a plan is like gambling and can lead to random wins that, in the end, aren’t sustainable. It’s crucial to stay focused, continuously learn, and maintain discipline in all trades.
Adapt, analyze, and achieve — one trade at a time.
Member Since Jan 19, 2016   37 posts
Nov 10, 2024 at 09:12
true
Member Since Oct 21, 2024   61 posts
Nov 12, 2024 at 06:57
UweMoench posted:
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.

Totally agreed
Member Since Oct 16, 2024   21 posts
Nov 13, 2024 at 07:11
Trading isn’t luck, it’s discipline. Ditch the gambling mindset and stick to your plan.
Member Since Apr 24, 2024   5 posts
Nov 13, 2024 at 16:11
Write it down like we did when we were kids,
Trading is Discipline, not gambling!
Trading is Discipline, not gambling!
Trading is Discipline, not gambling!
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