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Gambling type of forex games? Is that true?
Mitglied seit Aug 17, 2020
121 Posts
Oct 09, 2020 at 18:48
EbonyJones posted:
No. I don't think so. Forex is not like gambling.
Forex itself is not, binary options kind of are.
Mitglied seit Oct 08, 2020
17 Posts
Nov 05, 2020 at 11:29
Forex trading is not gambling in any way. It needs a person to be knowledgeable to earn in forex trading.
Jan 07, 2021 at 17:49
I think that if a person has never dealt with this before, then for him it is completely a gamble. In order to profitably earn on this, you need to constantly be aware of what is happening in the market, take into account the state of the company, its plans and opportunities. Also, do not forget that binary options trading is not safe if you use a broker. Even if you get a bona fide broker, the chances of losing money are greater than earning, because the potential loss on each transaction is higher than the potential profit. To protect yourself from fraud and serious losses, it is better not to use questionable tools, especially when there are alternative, more reliable options for earning money.
Mitglied seit Sep 20, 2020
6 Posts
Jan 14, 2021 at 22:07
Forex could be a gambling game for those who participate only to feel the adrenaline rush generated by the uncertainty of the result. Participating in forex with a mindset of expecting long-term results can be a good starting point for viewing forex trading as serious business.
"EVERY BATTLE IS WON BEFORE IT IS FOUGHT". SUN TZU.
Mitglied seit Dec 14, 2020
15 Posts
Feb 08, 2021 at 05:05
Not at all a fan of binary options to be honest. No strategy can work there.
Mitglied seit Feb 04, 2021
32 Posts
Feb 08, 2021 at 12:25
Exactly.
Forex seems gambling only to those who want to become rich overnight. But the forex market is not a get-rich-quick scheme. It demands time and patience if looking for consistent profitable trades.
Forex seems gambling only to those who want to become rich overnight. But the forex market is not a get-rich-quick scheme. It demands time and patience if looking for consistent profitable trades.
Mitglied seit Dec 11, 2020
16 Posts
Feb 11, 2021 at 04:18
Not really a fan of binary options and I really don’t think gambling is in any way related to forx. They’re both different avenues.
Mitglied seit Nov 03, 2020
63 Posts
Feb 11, 2021 at 08:11
Forex requires a lot of effort and work from us, and in gambling, the main thing is luck and luck.
Mitglied seit Apr 23, 2021
5 Posts
Jun 22, 2021 at 02:05
Forex requires lots of work, knowledge, and patience if you want to succeed
Mitglied seit Apr 23, 2021
5 Posts
Jun 22, 2021 at 02:05
Forex requires lots of work, knowledge, and patience if you want to succeed. You can't make money and become rich overnight because of it. It's a matter of time and patience here. Gambling on the other side, it's about how lucky you can get and some strategies up your sleeve. I made money from gambling but most of the time just because I was lucky enough. but in the end, strategy is on the second scale (not saying that it's not extremely necessary in gambling lol).
Mitglied seit Jun 07, 2021
70 Posts
Jul 23, 2021 at 04:42
Gambling should not be confused with forex trading. Gambling is just for fun and entertainment but forex trading is a type of business. It requires knowledge about the forex market, its working, lots of planning, patience, and discipline to succeed.
