In order to predict the situation in the forex market, you need to work out some points and have some knowledge.
Sep 25 2021 at 15:23
Such financial instruments as binary options have acquired really bad reputation. Judging by the fact that now I don't see the ads about binary options, I think that nobody really trades them.
Forex is not gambling. Some people make it like gambling. When you do not have enough skills and knowledge, you start gambling in the forex market.
As for me, this is completely different. This is more of a game than an income and it is worthwhile to clearly understand it.
rinegills posted:Forex trading and gambling are not the same things. I think that it is worth understanding the line that separates these two sides. Forex is a longer-lasting investment that helps you generate passive income, and that's a good thing. Gambling is divided into several compartments and can make an active income but in a shorter time frame. This is what attracts me to this business. I think this is a great system that helps you improve your financial condition if you use the right and reliable platforms.
Sounds weird...
Oct 04 2021 at 12:22
rinegills posted:rinegills posted:Forex trading and gambling are not the same things. I think that it is worth understanding the line that separates these two sides. Forex is a longer-lasting investment that helps you generate passive income, and that's a good thing. Gambling is divided into several compartments and can make an active income but in a shorter time frame. This is what attracts me to this business. I think this is a great system that helps you improve your financial condition if you use the right and reliable platforms.
Sounds weird...
Maybe for some traders but for others (especially scalper). Forex is seen as quick and targeting short term gains
Oct 04 2021 at 13:20
rinegills posted:I agree with you too. Forex is a long time investment. Where trade can be opened with 95% probability. It can never be gambling.rinegills posted:Forex trading and gambling are not the same things. I think that it is worth understanding the line that separates these two sides. Forex is a longer-lasting investment that helps you generate passive income, and that's a good thing. Gambling is divided into several compartments and can make an active income but in a shorter time frame. This is what attracts me to this business. I think this is a great system that helps you improve your financial condition if you use the right and reliable platforms.
Sounds weird...
croisssan posted:People do not really consider trading forex to be gambling. There are people who gamble instead of trading. When we aren't sure how markets work and we are unable to understand the market, we gamble.
As for me, this is completely different. This is more of a game than an income and it is worthwhile to clearly understand it.
Well, I guess that binary options is just a type of trading which is much more difficult than forex trading, that's why there are lots of traders who believe that it's easier, and they as a rule lose all their accumulations. The matter here is that binary options require another approach. If we speak about forex trading, then we have to comply with several rules and such things as risk management practices and money management, while binary options require the same, but in another form. There are plenty of techniques how to become successful due to binary options, however traders don't like to explore these techniques, they prefer forex predominantly.
Binary options are known for being an absolute scam. So, I strongly recommend to stay away from them.
Forex trading is not gambling. It is currency trading. You need to have enough experience and skills to make money. You won't make any money if you don't have enough experience.
Feb 06 at 20:35
It can be if you don't have discipline! Forex trading is important and it is important to invest wisely and spend time learning, practicing and testing systems and strategies.
Mar 05 at 07:37
There are many traders who take Forex as a gambling game. But to others, the defination of Forex is really something different. Like you can’t say scalping is a gambling. There are innumerable number of traders who prefer scalping and they are carrying handsome amount of profit through scalping. To them, Forex is a reward.
Mar 06 at 05:09
With the growing popularity of Forex, traders are getting engaged with it gradually. They are taking Forex as their way of gambling. Even though sometimes it carries large amount of profit for them in some cases. The failing rate is also high from here. Gambling is not the exact of trading.
Mar 09 at 01:56
The binary option is a big scam and we must keep ourselves from it.
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