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?
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!
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.
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.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.