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Forex game is not business

LyudmilLukanov
Apr 19 at 15:57
461 Posts
Gambling is not the best way to trade proper analysis and strategy are needed for real trading.

CraigMcG2020
Apr 20 at 06:50
72 Posts
LyudmilLukanov posted:
Gambling is not the best way to trade proper analysis and strategy are needed for real trading.


Completely agree. You need to find a set of rules that have the statistical edge in your favour. Once you execute and control your emotions you will be profitable

ele020 (ele020)
Apr 20 at 07:18
211 Posts
Dictiony posted:
Forex is not the name of a game or a tide. It is a business of international standard. Forex means foreign exchange. Forex is the international foreign exchange market. Countless people around the world are involved in this business. Where its daily turnover is more than 6 trillion US dollars. The only competitor in the forex market is the American Stock Exchange. Of this, about 30 billion is transacted every day, much less than Forex. So many people think it's a gamble, which is not true. It has created an alternative income path for some people as a professional or part-time job.


It is not a gamble.. I agree with you, but people treat it as a gamble which will make them rich over night and eventually end up loosing everything... Its such a shame

The more your practice, the more you learn.
perryjohn765 (perryjohn765)
Apr 20 at 08:06
215 Posts
true that, forex is not a gamble but a game of understanding and learning on daily basis. thinking that a study of few days will be enough for trading then it is a stupid thought. There are others who think the luck will favor them but that is also not true. all those who thinks its a game dont play in the real for long

SofieAndreasen
Apr 21 at 17:10
484 Posts
Don’t treat it as a hobby or game. It is serious business. You may lose everything if you are careful enough.

Tremblay
Apr 21 at 21:50
330 Posts
SofieAndreasen posted:
Don’t treat it as a hobby or game. It is serious business. You may lose everything if you are careful enough.

Yes. If you become serious in this business, you can make a huge amount of money.

Imamul
Apr 23 at 09:04
593 Posts
business is a professional activities but i have seen we the traders sometimes take Forex as casino and behave as like that . so we fall a great trouble most of the time.

yojimbo
Apr 23 at 09:23
9 Posts
Forex is more like investing than a corporate business or gambling in casino. It needs the commitment that a business needs but also the willingness to take risks like a gambler

Adribaasmet
Apr 23 at 10:10
947 Posts
in order to me , its more appropriate for you to finish the pre school level including demo account or micro for practicing.

UweMoench
Apr 27 at 13:29
464 Posts
When you do not have much knowledge and do not know how to control your mind, you end up gambling. Then gradually it becomes a habit.

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