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Not gambling

Nov 09, 2020 at 14:51
Przeglądane 1,924
47 Replies
Uczestnik z Jul 19, 2020   751 postów
Nov 09, 2020 at 14:51
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.
Uczestnik z Jul 19, 2020   298 postów
Nov 10, 2020 at 12:01
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.
Uczestnik z Jul 23, 2020   759 postów
Nov 12, 2020 at 17:40
Gambling cannot give you long time success only short time pleasure. So, focus on learning real trading rather than random trades.
Uczestnik z Jul 19, 2020   318 postów
Nov 21, 2020 at 18:23
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.
Uczestnik z Nov 09, 2020   15 postów
Nov 27, 2020 at 04:55
Gambling and forex trading are nowhere close to each other. You cannot get long term success with gambling but with forex you can.
Uczestnik z Aug 30, 2020   15 postów
Dec 01, 2020 at 08:32
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.
Uczestnik z Apr 01, 2020   231 postów
Dec 01, 2020 at 09:41
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.
Uczestnik z Feb 06, 2020   7 postów
Dec 03, 2020 at 14:45
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.
Uczestnik z Feb 11, 2020   14 postów
Dec 08, 2020 at 11:59
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.
Uczestnik z Sep 24, 2019   23 postów
Dec 11, 2020 at 11:52
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.
Uczestnik z Jul 23, 2020   759 postów
Dec 11, 2020 at 17:39
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.
Uczestnik z Jul 31, 2020   11 postów
Dec 23, 2020 at 09:56
And I agree with the opinion that trading is really a business, not a game.
This approach provides profit and confidence in the future.
Uczestnik z Jan 21, 2021   48 postów
Feb 08, 2021 at 12:04
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.
Uczestnik z Jul 19, 2020   298 postów
Mar 09, 2021 at 12:40
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.
Uczestnik z Feb 04, 2021   31 postów
Mar 11, 2021 at 12:17
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.
Uczestnik z Oct 25, 2018   9 postów
Mar 23, 2021 at 11:19
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
Uczestnik z Jul 01, 2021   1 postów
Jul 01, 2021 at 16:56
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.
Uczestnik z Apr 01, 2020   231 postów
Jul 01, 2021 at 23:57
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.
Uczestnik z Jul 19, 2020   751 postów
Jul 02, 2021 at 13:30
@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.
Uczestnik z Mar 28, 2021   617 postów
Jul 05, 2021 at 08:01
@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.
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