Gambling type of forex games? Is that true?

Jul 11, 2019 at 05:42
Przeglądane 3,358
71 Replies
Uczestnik z Aug 17, 2020   123 postów
Oct 09, 2020 at 18:48
EbonyJones posted:
No. I don't think so. Forex is not like gambling.

Forex itself is not, binary options kind of are.
Uczestnik z Oct 08, 2020   25 postów
Nov 05, 2020 at 11:29
Forex trading is not gambling in any way. It needs a person to be knowledgeable to earn in forex trading.
Uczestnik z Apr 15, 2020   4 postów
Nov 17, 2020 at 14:26
I wonder if it's more difficult than a regular casino? I've got experience with something like that so should I know the basics of forex?
Uczestnik z Jan 06, 2021   7 postów
Jan 07, 2021 at 17:49
I think that if a person has never dealt with this before, then for him it is completely a gamble. In order to profitably earn on this, you need to constantly be aware of what is happening in the market, take into account the state of the company, its plans and opportunities. Also, do not forget that binary options trading is not safe if you use a broker. Even if you get a bona fide broker, the chances of losing money are greater than earning, because the potential loss on each transaction is higher than the potential profit. To protect yourself from fraud and serious losses, it is better not to use questionable tools, especially when there are alternative, more reliable options for earning money.
Uczestnik z Dec 28, 2020   25 postów
Jan 13, 2021 at 09:59
I think it is a big misconception that forex can be equated with gambling, this is a job that requires maximum effort and knowledge.
Uczestnik z Sep 20, 2020   6 postów
Jan 14, 2021 at 22:07
Forex could be a gambling game for those who participate only to feel the adrenaline rush generated by the uncertainty of the result. Participating in forex with a mindset of expecting long-term results can be a good starting point for viewing forex trading as serious business.
"EVERY BATTLE IS WON BEFORE IT IS FOUGHT". SUN TZU.
Uczestnik z Dec 14, 2020   15 postów
Feb 08, 2021 at 05:05
Not at all a fan of binary options to be honest. No strategy can work there.
Uczestnik z Jun 30, 2020   90 postów
Feb 08, 2021 at 06:27
But for some, this option is very convenient and good, because they make a profit there.
Uczestnik z Feb 04, 2021   35 postów
Feb 08, 2021 at 12:25
Exactly.
Forex seems gambling only to those who want to become rich overnight. But the forex market is not a get-rich-quick scheme. It demands time and patience if looking for consistent profitable trades.
Uczestnik z Dec 11, 2020   19 postów
Feb 11, 2021 at 04:18
Not really a fan of binary options and I really don’t think gambling is in any way related to forx. They’re both different avenues.
Uczestnik z Nov 19, 2020   104 postów
Feb 11, 2021 at 05:21
Who learns, develops skills and puts hard work into gambling? I doubt there's anyone. Forex demands all of these and there's hardly any success in forex without them, so what's the point comparing the two.
Uczestnik z Nov 03, 2020   65 postów
Feb 11, 2021 at 08:11
Forex requires a lot of effort and work from us, and in gambling, the main thing is luck and luck.
Uczestnik z Jul 19, 2020   298 postów
Mar 10, 2021 at 12:33
Most traders look for 80 to 100% winning strategy. But this type of strategy doesn't exit. Don't do gambling. Even a small consistent percentage can bring you a fortune in trading. We should focus on consistency.
Uczestnik z Apr 23, 2021   5 postów
Jun 22, 2021 at 02:05
Forex requires lots of work, knowledge, and patience if you want to succeed
Uczestnik z Apr 23, 2021   5 postów
Jun 22, 2021 at 02:05
Forex requires lots of work, knowledge, and patience if you want to succeed. You can't make money and become rich overnight because of it. It's a matter of time and patience here. Gambling on the other side, it's about how lucky you can get and some strategies up your sleeve. I made money from gambling but most of the time just because I was lucky enough. but in the end, strategy is on the second scale (not saying that it's not extremely necessary in gambling lol).
Uczestnik z Apr 01, 2020   231 postów
Jun 23, 2021 at 00:16
Binary Options are known as scam and gambling types so most of the traders likely to prefer forex trading.
Uczestnik z Dec 11, 2020   14 postów
Jun 26, 2021 at 07:30
How can a business that requires knowledge, skills, effort and time be called as gambling? To me forex is a business that is completely dependent on the efforts we put in.
Uczestnik z Mar 28, 2021   617 postów
Jun 26, 2021 at 10:47
Forex is not gambling but many traders make it like gambling. When you do not have necessary skills and experience, you will end up gambling. That's why skills are important in trading.
Uczestnik z Oct 02, 2020   6 postów
Jul 07, 2021 at 20:22
Forex requires lots of work, knowledge, and patience if you want to succeed.
Uczestnik z Jun 07, 2021   72 postów
Jul 23, 2021 at 04:42
Gambling should not be confused with forex trading. Gambling is just for fun and entertainment but forex trading is a type of business. It requires knowledge about the forex market, its working, lots of planning, patience, and discipline to succeed.
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