By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. If anyone wants to make real money, he should treat trading like a business. Also he should not have unrealistic expectation.
Those here and there profit trades make them greedy. They keep doing random trading. They also keep unrealistic profit expectation. They don't have willingness to study and learn. Very few traders read books related trading.
Nov 12 2020 at 17:40
Gambling cannot give you long time success only short time pleasure. So, focus on learning real trading rather than random trades.
Nov 21 2020 at 18:23
Forex is not a gambling. You need proper knowledge to make money from this market. Without proper knowledge, you can not survive in this market.
Nov 27 2020 at 04:55
Gambling and forex trading are nowhere close to each other. You cannot get long term success with gambling but with forex you can.
Gambling is not always bad.
Sometimes it's just bright emotions that make you not give up and move forward.
A lot depends on the attitude.
Sometimes it's just bright emotions that make you not give up and move forward.
A lot depends on the attitude.
Some people consider Forex as gambling but Forex is a real business and not gambling. You can make a real profit from it but you also need some good knowledge before start.
In fact, many market participants are attracted by the gambling component of forex trading. And also the fact that most of these people lose their accounts in a short time. The whole problem is that forex is not a casino, but according to the theory of probability, if you are not good at knowledge and trading tools, your chance of failure is very high.
Gambling traders need to prepare in advance for the expected account rotations. The market loves gamblers, as they replenish the accounts of prudent, collected, observing money management traders.
Dec 11 2020 at 11:52
In business you need to learn how to make decisions. And there is no room for reckless impulsivity. But sometimes something happens and you may find yourself in this situation. And there's a lot that depends on whether you can handle it.
Dec 11 2020 at 17:39
Tyronemings654 posted:
Gambling and forex trading are nowhere close to each other. You cannot get long term success with gambling but with forex you can.
Trading need pure market analysis and strategy. However, many traders gamble and lose money.
And I agree with the opinion that trading is really a business, not a game.
This approach provides profit and confidence in the future.
This approach provides profit and confidence in the future.
Jan 06 2021 at 06:52
Yes, no one should have unrealistic expectations while trading because it leads to greed and loss when things go the wrong way.
Forex trading is only profitable with learning and practicing. You can win some trades by gambling, but ultimately this can lead you to lose all money.
Treating trading like a business is something that could work for a lot of people. Thanks for the tip.
I think trading should be treated like trading and not considered as a business or gambling.
In forex trading, most small traders do gambling. Actually when you do not have necessary skills to make profitable trades, you end up gambling. That's why skills are important.
Forex trading is gambling for those who treat it that way. Getting profit in Forex trading depends on a trader’s skills and experience whereas gambling is all based on luck.
Mar 23 2021 at 10:39
Ya gambling is entirely different when it comes to actually trading in my view.
Mar 23 2021 at 11:19
tiahshermack posted:
Ya gambling is entirely different when it comes to actually trading in my view.
That may be true for you but sadly for many traders they are just gambling and do not understand what they are doing. No strategy, no risk management. Just guessing
