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Forex is not like gambling

Nov 30, 2020 at 07:28
2,998 視聴
75 Replies
Feb 15, 2022からメンバー   219 投稿
Sep 30, 2022 at 14:06
Forex is an unstable and uncertain market where the risk takes a birth from this uncertainty. As an financial market, it’s quite natural that there will be upturn and downturn.
Feb 16, 2022からメンバー   63 投稿
Oct 01, 2022 at 11:52
For long-term trading, you need strong market analysis. Internal and external market knowledge is essential.
Sep 06, 2022からメンバー   26 投稿
Oct 04, 2022 at 11:06
Trading requires a mindset and skills that can be used in the best possible way, the results of which depend on the market conditions and the trader who trades. In gambling, however, there are no skills and only a mindset (filled with hope and false beliefs), and the results of gambling depend on the house (the house always wins), and the gambler has to lose. Trading is fair, while gambling is mostly unfair.
Sep 14, 2022からメンバー   40 投稿
Oct 07, 2022 at 07:43
Trading is not gambling, traders use various strategies and tools to increase their chances of winning and be ahead of the market by studying and practically understanding the market by logic unlike gambling.
Sep 13, 2022からメンバー   16 投稿
Oct 10, 2022 at 08:27
Forex trading is more like a logical speculation that is done after careful analysis of the market situation. Traders have a well defined strategy and risk management plan that they follow while trading and this is not something that a gambler would do. Forex trading is like a serious profession for me as I always work towards improving my skills as a trader to attain long term success.
Sep 13, 2022からメンバー   8 投稿
Oct 19, 2022 at 09:16
Forex trading is not a game of chance. The foreign exchange market is a market where currencies are traded. Forex trading can make you wealthy if you are a hedge fund with big pockets or an incredibly adept currency trader. It is, nevertheless, far riskier than internet gambling. Accepting forex as a business rather than a game will allow you to make better decisions and learn how to construct effective trading techniques. You must have a lot of knowledge and be up to date on what is going on in the globe to do this. The trick to working in silence is to be patient. It's not like playing a slot machine.
Aug 06, 2022からメンバー   17 投稿
Oct 31, 2022 at 12:36
Bannock posted:
Forex is a complex financial instrument that can be beneficial to both the individual and businesses. However, it should not be confused with gambling, which is a form of betting on the outcome of games. In Forex, traders buy and sell foreign currencies against other currencies, which can lead to profits or losses.
Well said!
Sep 09, 2022からメンバー   9 投稿
Nov 03, 2022 at 09:33
Forex trading will never be a gambling game for a trader who has a good amount of fundamental and technical knowledge on how to take up and execute trades profitably. Logical calculations and effective strategies will be combined with trading psychology while trading rather than luck.
Aug 02, 2022からメンバー   22 投稿
Dec 26, 2022 at 09:49
Gambling is nothing but a game of luck. And trading is a noble profession which requires knowledge, skills and expertise to begin with. You have no control over your wins and losses in gambling. But you can decide how much you will lose by managing the risk in forex trading. A forex trader will pay at most attention to risk management and market analysis which is not something a gambler does.
Aug 10, 2021からメンバー   18 投稿
Dec 27, 2022 at 17:55
If you don't know how to trade and analyze the market, trading turns into a casino.
Apr 03, 2021からメンバー   470 投稿
Dec 27, 2022 at 23:49
For traders, forex is not gambling but this is real business that required good knowledge and skills to making profit from difference price movement, however in forex market there are big speculator trying to bet in the market.
Nov 29, 2022からメンバー   40 投稿
Dec 29, 2022 at 05:56
Short answer: No!

A successful forex trader makes informed decisions based on market analysis and economic conditions. And this doesn’t happen as luck. While trading does involve some element of risk, forex traders use strategies and risk management techniques to help mitigate potential losses and improve results.
Mar 09, 2023からメンバー   1 投稿
Mar 09, 2023 at 18:55
I completely agree with this statement
Forex trading is not about blindly placing bets and hoping for the best.
May 08, 2023からメンバー   24 投稿
May 13, 2023 at 00:37
If a person trades for excitement or social proofing reasons, rather than in a methodical way, they are likely trading in a gambling style. If a person trades only to win, they are likely gambling. Traders with a 'must-win' attitude will often fail to recognize a losing trade and exit their positions. That is the difference between a trader and a gambler.
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