Not gambling

I am not sure that this situation will be the most profitable because, for the gambling business, such a way is compromising. I have played casino games for more than three years, and I can say with certainty that the more convenient way is the online casino because it is more reliable. In particular, I like it because of the use of cryptocurrency. For today, online casinos are more convenient because many local casinos have not yet opened after the pandemic.

gambling can make you greedy and you can involve in false and fake methods to earn more and more money within no time. So in this, you can lose your whole money very quickly.

@Dictiony Gambling not just makes one greedy, it reduces the possibility of being a good trader. By doing gambling a trader hamper his mindset. It's very difficult for them to control their impulsive mind.

@UweMoench People do gambling because they do not know how to make profit without doing gambling. That's why we should focus on developing skills.

Gambling can never be reliable. Trading is much better than gambling since it is fair and you know when you are about to lose or profit.

@GeorgeBischof Gambling and trading in forex is totally different things. People do gambling in trading when they do not know what to do?

Forex trading is not gambling, but forex is a risky business, how to make money in forex trading required special skills to become a profitable trader, they need to improve good trading strategy, good money management, and also0 strong psychology trading, if trader working forex trading like as gambling, they can rely upon luck only.

It is important to relaise that forex is in no way related to gambling. They are different because even though you use money you are investing in forex, and not playing around with it as you would when gambling.

@mab8 yes forex trading is no way a gambling. But many people end up gambling due to not having enough skills and experience and knowledge.

I wish I would be so rich that I'll treat forex like gambling. Forex is the market which exists according to certain laws, so, it is an open secret that there are many unpredictable things on happen in forex, but it doesn't mean that it cannot be calculated and predicted.

@Landakus No matter how much money you invest, how big your capital, if you are not enough skilled, eventually you will lose all the money. That's how it works.

Landakus posted:
I wish I would be so rich that I'll treat forex like gambling. Forex is the market which exists according to certain laws, so, it is an open secret that there are many unpredictable things on happen in forex, but it doesn't mean that it cannot be calculated and predicted.

it's predicted? say this to RUB or Turkish lira =)

@Akasuki Yes having a big capital is not enough to make money in the forex market. You need skills and experience to make money here. Without skills, you can lose any amount of money.

Certain skills can be acquired if you start trading on a demo account, this will protect you from stupid mistakes.

Akasuki posted:
@Landakus No matter how much money you invest, how big your capital, if you are not enough skilled, eventually you will lose all the money. That's how it works.

Yes. You are right.

Akasuki posted:
@Landakus No matter how much money you invest, how big your capital, if you are not enough skilled, eventually you will lose all the money. That's how it works.

Yes, the most important is skill trading, if we have good skill, hence start from low capital, gradually will increasing money day to day, but indeed not always we can make profit every day, sometimes loss too, if not yet ready to start using big money, better start with small money until we have the capability to increasing money.in forex trading.

Some brokers set a minimum deposit, and he is young enough of him to start trading with him, so I'll tell you with Amarkets, where is he, $ 100.

Cordawield posted:
Some brokers set a minimum deposit, and he is young enough of him to start trading with him, so I'll tell you with Amarkets, where is he, $ 100.

Broker is very essential to make money from this market.

Forex gamblers are really weird people. I do understand gamblers in Las Vegas (at least they get free drinks), they have some fun (which I don't understand) and they end up with no money in their pockets. However, they still had fun. As for trading, I have no idea, how can one derive pleasure from following the charts for several hours in order to blow their budget.