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Gambling type of forex games? Is that true?

Jul 11, 2019 at 05:42
2,456 Angesehen
74 Replies
Mitglied seit Aug 17, 2020   123 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 Jun 29, 2020   38 Posts
Oct 26, 2020 at 05:13
Forex cannot be compared with gambling as they both are a bit different. Making a comparison between the two will not be accurate.
Mitglied seit Oct 08, 2020   25 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.
Mitglied seit Oct 05, 2020   40 Posts
Nov 09, 2020 at 10:43
I have been a trader for the last 5 years. I hate it when people compare forex trading with gambling. I don’t why they think that it's anywhere near to gambling. I have never seen a gambler study so much.
Mitglied seit Apr 15, 2020   4 Posts
Nov 17, 2020 at 14:26
I wonder if it's more difficult than a regular casino? I've got experience with something like that so should I know the basics of forex?
Mitglied seit Oct 15, 2020   59 Posts
Nov 18, 2020 at 05:45
These two are different things. Forex involves a lot of determination and learning. One should be aware of what is happening and there is a lot of learning associated with it.
Mitglied seit Jan 06, 2021   7 Posts
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 Dec 28, 2020   25 Posts
Jan 13, 2021 at 09:59
I think it is a big misconception that forex can be equated with gambling, this is a job that requires maximum effort and knowledge.
OneForexSignal (one_forex_signal)
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.
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 Jun 30, 2020   90 Posts
Feb 08, 2021 at 06:27
But for some, this option is very convenient and good, because they make a profit there.
Mitglied seit Feb 04, 2021   35 Posts
Feb 08, 2021 at 12:25
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   19 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 19, 2020   104 Posts
Feb 11, 2021 at 05:21
Who learns, develops skills and puts hard work into gambling? I doubt there's anyone. Forex demands all of these and there's hardly any success in forex without them, so what's the point comparing the two.
Mitglied seit Nov 03, 2020   65 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 Jul 19, 2020   298 Posts
Mar 10, 2021 at 12:33
Most traders look for 80 to 100% winning strategy. But this type of strategy doesn't exit. Don't do gambling. Even a small consistent percentage can bring you a fortune in trading. We should focus on consistency.
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 Apr 01, 2020   231 Posts
Jun 23, 2021 at 00:16
Binary Options are known as scam and gambling types so most of the traders likely to prefer forex trading.
Mitglied seit Dec 11, 2020   14 Posts
Jun 26, 2021 at 07:30
How can a business that requires knowledge, skills, effort and time be called as gambling? To me forex is a business that is completely dependent on the efforts we put in.
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