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Can anyone tell me the differences?

Mar 04, 2022 at 07:30
4 Replies
Jack Frost (jackfrost)
Member Since Jun 20, 2017   7 posts
Mar 04, 2022 at 07:30
What's the differences between the so called 'investing in Forex' and betting on the exchange odds on a gambling websit. To me these two things are close. Have the strategies out there actually helped you gain your wealth? Should one just invest in hedge funds or one could get more on doing this so called Forex investment?
Member Since Mar 28, 2021   617 posts
Mar 04, 2022 at 09:18
Forex trading isn’t like any kind of gambling; You can’t test your luck in Forex, it’s all about your trading skill! This is why, only less than 5% Forex traders are making regular money where 95% are struggling!
Seb King (sebking1986)
Member Since Apr 09, 2019   538 posts
Mar 04, 2022 at 11:29
Trading of any kind is a probabilities game. But within that lies skill to stack the odds in your favour. When placing a bet on say sports randomly you are just accepting the odds you're given. Like flipping a coin (if given equal odds). With trading you are actively seeking an edge over the market so that long term you make money. Just as the bookie does with gamblers.
If you can't spot the liquidity then you are the liquidity.
HeavenLeighGill (HeavLeighGill26)
Member Since Aug 05, 2021   401 posts
Jun 15, 2022 at 14:45
I think that forex is a lot more structured than gambling. There is news and other data to consider to make an informed decision, even though your results aren't guarantee. Spending time studying the market helps increase your odds of doing well.
Member Since Feb 12, 2019   105 posts
Jun 29, 2022 at 10:54
Its more about probability based on past results for me anyways.
Ww use proper money management a lot in fact the majority of gamblers dont and most bet on hunches without hard data
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