At least one of my strategies have no risk at all, I can easily do 30% a year no problem. Which is about what Warren Buffet does.
So if you know what you're doing this is very far from gambling.
Problem is, who wants to do 30% a year ? More you want to do, more of a gamble it becomes.
True, everything in life is a gamble; esp when it comes to money. No risk no reward, if you don't play, you won't get paid. If I took 10k to a casino and expected to return with only 5k net, for me, it wouldn't happen. Why, cause casinos are pastime PLAY, if you do win big, coolers make sure you give back at some point. Trading is an art, and it has it's risks as with anything else. The market has no mercy, it don't care whether you are successful or not, the market is not there to take your money, it's just the market.
The difference being, you control your trading, win/lose, more so than with casinos.
I'm sure there are varying opinions on this, but for me, trading is an investment first, not a lotto/casino. Just like with Demos vs Real accounts. Most investors looking to recruit traders, look for profitable Real accounts cause it means they (traders) have a vested interest with their own money enough to take a chance. I have a real account also, and it's like a mirror of the one here for testing purposes, not something for fun to go ape, guess, play the luck and hope for the best.
I have traded for others based on a demo accounts for demonstration of what can be, not what if, and real accounts just the same. Don't blame investors for needing a real verified vs demos for business opportunities, used properly, demo accounts are a very valuable tool, not a casino game, for custom test purposes when used properly.
In closing, the only things in life you really regret, are the chances that you don't take!
'Live the dream'
But on forex there is no market all your money is going to the owner of each broker you enter your money in, not the market so the broker just play as dealer on casino. You give your money to buy position buy/sell and you gain 'profit' from nothing just up and down graphics not because you buy euro then you sell it as usd than you get the differences between the two. Its all just the game dude. So trade is not the right word, because nothing you trade for.
Sure there is; Forex is just the instrument}'s you trade. I also trade stocks as a diversification. It also is an instrument}s; and your broker is like your distributor, as with/in any other business; or supplier. They get paid because they provide you with something that you can make money, or lose.
No you don't physically own a piece of property, But I once bought and sold a car for a small profit and I never saw it. How?; I knew someone looking for it, I got it, and transferred it. Sometimes, it's just that easy.
Einstein's theory of relativity is so true. Live by it.
Trading is like any other business, a chance, a risk etc; but if you know what you're doing, you can be profitable. I know, cause I do it everyday, except Friday's most times. :) I do lose, every trader pro or not does. management of the bottom line saves you. I've tried BooKoos of indicators/systems just to try and prove myself wrong in thinking I was crazy for not using any indicators, but when consistently you profit without them, you need to stick with what works, bottom line.
I don't use any indicators at all, candles S&R tell me everything that's going on. Indicators can and do give false signals, candles don't, you have to know them. If I waited for all indicators to be aligned/matching, I might not trade at all, rarely happens, but candles and S&R IS what happens. I don't care if it goes against any/all theories-rules, if it works, keep it. If it don't, keep searching until you do, you will be surprised how simple it really is :)