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Gambling type of forex games? Is that true?

EbonyJones
Oct 08 2020 at 19:18
232 príspevkov
No. I don't think so. Forex is not like gambling.

DoraWalletInvest
Oct 09 2020 at 18:48
123 príspevkov
EbonyJones posted:
No. I don't think so. Forex is not like gambling.


Forex itself is not, binary options kind of are.

Numeromatt
Oct 26 2020 at 05:13
38 príspevkov
Forex cannot be compared with gambling as they both are a bit different. Making a comparison between the two will not be accurate.

Rosstaylorr
Nov 05 2020 at 11:29
25 príspevkov
Forex trading is not gambling in any way. It needs a person to be knowledgeable to earn in forex trading.

Mitchelsantner
Nov 06 2020 at 11:44
34 príspevkov
Without proper decision-making, you cannot make money in the forex market. And for decision-making, you have to get information.

jimmyneeesham
Nov 09 2020 at 10:43
40 príspevkov
I have been a trader for the last 5 years. I hate it when people compare forex trading with gambling. I don’t why they think that it's anywhere near to gambling. I have never seen a gambler study so much.

margwad
Nov 17 2020 at 14:26
4 príspevkov
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?

Bladiminmunro
Nov 18 2020 at 05:45
59 príspevkov
These two are different things. Forex involves a lot of determination and learning. One should be aware of what is happening and there is a lot of learning associated with it.

Findabayr
Jan 07 2021 at 17:49
4 príspevkov
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.

Quange
Jan 13 2021 at 09:59
25 príspevkov
I think it is a big misconception that forex can be equated with gambling, this is a job that requires maximum effort and knowledge.

OneForexSignal (one_forex_signal)
Jan 14 2021 at 22:07
6 príspevkov
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.
terriandrews
Feb 08 2021 at 05:05
15 príspevkov
Not at all a fan of binary options to be honest. No strategy can work there.

Andronn
Feb 08 2021 at 06:27
90 príspevkov
But for some, this option is very convenient and good, because they make a profit there.

forexminded
Feb 08 2021 at 12:25
35 príspevkov
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.

voicebissa
Feb 11 2021 at 04:18
19 príspevkov
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.

Joz8
Feb 11 2021 at 05:21
104 príspevkov
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.

Cordawield
Feb 11 2021 at 08:11
65 príspevkov
Forex requires a lot of effort and work from us, and in gambling, the main thing is luck and luck.

KnowFinance
Feb 23 2021 at 11:46
85 príspevkov
Cordawield posted:
Forex requires a lot of effort and work from us, and in gambling, the main thing is luck and luck.

I agree with you, the Forex market is not at all gambling, it requires patience and sufficient knowledge to make consistent profits.

barmangrunt
Mar 10 2021 at 10:58
22 príspevkov
I don’t think they are that similar. And there is a lot that a person has to learn with forex.

Michihito
Mar 10 2021 at 12:33
298 príspevkov
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.

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