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Not gambling

UweMoench
Nov 09 2020 at 14:51
751 Posts
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.
Michihito
Nov 10 2020 at 12:01
298 Posts
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.
SofieAndreasen
Nov 12 2020 at 17:40
759 Posts
Gambling cannot give you long time success only short time pleasure. So, focus on learning real trading rather than random trades.
GeorgeBischof
Nov 21 2020 at 18:23
318 Posts
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.
Tyronemings654
Nov 27 2020 at 04:55
15 Posts
Gambling and forex trading are nowhere close to each other. You cannot get long term success with gambling but with forex you can.
Staran
Dec 01 2020 at 08:32
14 Posts
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.
Dictiony
Dec 01 2020 at 09:41
231 Posts
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.
Saiful (Saiful4564)
Dec 03 2020 at 14:45
7 Posts
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.
Antero (Antero36735354)
Dec 08 2020 at 11:59
14 Posts
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.
Doombinder
Dec 11 2020 at 11:52
23 Posts
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.
SofieAndreasen
Dec 11 2020 at 17:39
759 Posts
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.
Pengus
Dec 23 2020 at 09:56
11 Posts
And I agree with the opinion that trading is really a business, not a game.
This approach provides profit and confidence in the future.
jamesmaxwell52
Jan 06 2021 at 06:52
42 Posts
Yes, no one should have unrealistic expectations while trading because it leads to greed and loss when things go the wrong way.
MichaelEX
Feb 08 2021 at 12:04
48 Posts
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.
arildbull
Mar 09 2021 at 10:29
23 Posts
Treating trading like a business is something that could work for a lot of people. Thanks for the tip.
mohamrpes
Mar 09 2021 at 11:26
14 Posts
I think trading should be treated like trading and not considered as a business or gambling.
Michihito
Mar 09 2021 at 12:40
298 Posts
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.
TradeHut
Mar 11 2021 at 12:17
31 Posts
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.
tiahshermack
Mar 23 2021 at 10:39
15 Posts
Ya gambling is entirely different when it comes to actually trading in my view.
ShamrockEire
Mar 23 2021 at 11:19
9 Posts
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
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