Nakedize
Členem od Dec 14, 2021
46 příspěvků
May 03 2022 at 06:29
Forex is a speculative market, but that doesn’t mean you will make money with pure guesswork. Forex trading demands skills and hours of practice and study. It requires a method, which certainty is not the case with gambling where everything is a fluke. Hence, they both are different.
personifica_
Členem od Jun 28, 2022
21 příspěvků
Jul 13 2022 at 06:19
See gambling is a pure chance. But it is not the case with forex trading. It requires logic, mental strength and a bit consistency. All in all we can say it requires proper learning before implementing.
Hydrophilous
Členem od Jun 22, 2022
21 příspěvků
Jul 15 2022 at 07:13
Forex trading requires skills, knowledge, experience, and a research–oriented mind. However, gambling is mostly a game of luck. In the forex trading market we trade international currencies and compete against the market's odds and place trades based on technical and fundamental analysis. Those traders who trade live without any prior preparation are the ones who’re gambling.
CraigMcG2020
Členem od Jul 20, 2020
399 příspěvků
Jul 15 2022 at 15:24
Gambling is when you don't have the edge in your favour. Backtesting is where you identify the edge
LyudmilLukanov
Členem od Jul 23, 2020
869 příspěvků
Jul 16 2022 at 07:02
Forex is challenging and that’s why people can hardly survive in Forex. Traders can hardly understand the market flow and as a result of this they cannot make any progress from trading easily.
Marcolis
Členem od Feb 15, 2022
219 příspěvků
Jul 16 2022 at 16:17
Even though most of the flourished traders have right strategy, they lose from the market. The reason is the volatility is the nature of the market.
RobertFerrari
Členem od Aug 15, 2021
415 příspěvků
Jul 17 2022 at 10:06
UweMoench posted:Traders should be devoid of the tendency of over trading and revenge trading because if traders nurture these practices, these will turn their life into hell. So don’t let it be and repair your habits.
Forex is not like gambling. I have taken trading as a business and a business isn't a betting it is about speculation. Different traders intentionally or unwittingly consider trading to be betting. Thusly they wind up losing their cash. We should see it as a business.
Eloise
Členem od Apr 18, 2022
51 příspěvků
Aug 03 2022 at 11:48
It is a gamble if you choose unreliable brokers.
Yozuru
Členem od Apr 18, 2019
24 příspěvků
Aug 17 2022 at 19:45
This is a big problem.
I mean, a lot of people think that Forex trading is some kind of casino. I'm talking about friends and relatives.
Agree that there are traders whose parents and friends do not believe in Forex and think that this is roulette.
Sad... But there's nothing you can do about it.
I think that every trader must learn to explain people what Forex and CFD trading is. Then more people will understand that Forex brokers are serious financial institutions.
I mean, a lot of people think that Forex trading is some kind of casino. I'm talking about friends and relatives.
Agree that there are traders whose parents and friends do not believe in Forex and think that this is roulette.
Sad... But there's nothing you can do about it.
I think that every trader must learn to explain people what Forex and CFD trading is. Then more people will understand that Forex brokers are serious financial institutions.
electrica333
Členem od Aug 17, 2022
77 příspěvků
Aug 18 2022 at 10:06
To trade in forex, one must examine fundamental analysis and technical analysis . Trading is a skill unlike gambling which is just a matter of luck.
Yiannis_trader
Členem od Jul 26, 2022
49 příspěvků
Aug 18 2022 at 12:07
Forex needs a good amount of knowledge on how to place your trades in order to survive in market. It is nothing like gambling.
Dreamery
Členem od Aug 02, 2022
18 příspěvků
Aug 23 2022 at 08:09
Gambling is when you take financial risks and hope that your luck works for you. But when you are talking about trading forex, you are talking about a skill that you need to learn and practice before you are ready to take any kind of financial risk.
Cathedra
Členem od Jun 21, 2022
36 příspěvků
Sep 27 2022 at 09:28
Although it is a speculative market, it is nothing like gambling. Successful trading requires rigorous learning and a lot of backtesting. On the other hand, gambling is a game that involves not calculations & analysis, but only greed.
WhiteWitcher
Členem od Aug 19, 2021
86 příspěvků
Sep 28 2022 at 12:22
Oh I agree with those who prefer to say Forex is business. Because it really does. You can burst and not withstand the competition, or take off and be rich. It is important how developed your management skills are, how quickly you adapt to stress and the ability to quickly process information.
SteveFx11
Členem od Feb 15, 2022
183 příspěvků
Sep 28 2022 at 15:56
Forex’s freedom and flexibility encourages people to join trading. Besides so, Forex offers many others facilities to traders.
Suradi
(FXOday)
Členem od Apr 03, 2021
465 příspěvků
Sep 29 2022 at 01:08
Forex is real business, buying and selling currency using another currency called pairs. Gambling relying upon luck and is fully speculative. Trading forex needs knowledge and understanding the psychological market. Forex is not gambling but high risk high gain business.
Raven1209
Členem od Sep 29, 2022
10 příspěvků
Sep 29 2022 at 09:04
Some people don't see games in games either. It's just a way to make money. Forex is like any other business. With its risks and losses, luck and profit. In general, I believe money can be made on everything without exception.
Juggerrnaut
Členem od Sep 01, 2022
18 příspěvků
Sep 29 2022 at 09:31
Forex is more of a business than a game of chance. Gambling is primarily about luck, but forex is trading currency pairs by educating yourself well. In Forex, you must be very conscious of the market conditions and grasp the fundamentals as well as the technicalities in order to maximise your profit. Forex requires patience and in order to be good, you must continually practise until you reach a level where you consistently win deals.
Gasbag
Členem od Jun 22, 2022
27 příspěvků
Sep 30 2022 at 10:13
Gamblers wager on outcomes that they find extremely challenging to forecast. Therefore, the most frequent strategies they can rely on are luck, chance, and good fortune. In Forex, you can utilise legal strategies, techniques, and procedures to guide your trading decisions. Trading execution calls for in-depth familiarity with trading instruments, skillful use of analysis and data, and sufficient self-control to ward off unreasonable impulses.