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. A trader should focus on learning. Otherwise one should not trade currency.
Dec 30 2020 at 13:07
There is something similar in forex trading to playing in a casino. The same stacks for a certain currency. Possibly win. But there are also losses, which are many times greater. And which happen often both for beginners and professionals. The difference is that the professional will accept his failure, analyze what happened and start waiting for a favorable entry point into the market. And the layman will start to recoup. And as a result. Loss of account.
Trading is not gambling, but if one thinks of it as gambling and tries to succeed, he will never be a profitable trader.
Dec 31 2020 at 03:49
Forex trading is not like casino. So, you cannot gamble in trading market.
Jan 21 2021 at 05:10
Gambling is not even close to forex. I don’t understand why people confuse one with the other. They’re not the same to me.
Feb 01 2021 at 11:37
I don’t understand what makes people compare forex trading to gambling. It requires so much learning and practising for someone to be profitable in the forex market.
Feb 03 2021 at 09:03
trollsdindy posted:Rightly said, trading in Forex is done after the proper analysis and research while in gambling, wins and losses are based on luck.
I don’t understand what makes people compare forex trading to gambling. It requires so much learning and practising for someone to be profitable in the forex market.
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.
If you take trading as a gamble, you will never succeed in trading. You need to maintain discipline and plan and trade.
I think those who make the comparison between gambling and forex end up with a negative impression of the work.
Feb 05 2021 at 17:34
Absolutely agree. You need to focus on the process and the money will come
I don’t see a similarity between trading forex and gambling. I don’t know why people confuse one with another.
Gambling is totally luck dependent, whereas forex depends on many other factors as well. I don't think there's any logic behind comparing.
Feb 16 2021 at 10:37
Learning is essential for trading. Without knowledge, you are can win in two-three trades but in the long run you will lose all that you made.
You can’t make any profit in Forex depending on your luck only, you need to learn and practice trading in order to make consistent profit. But gambling is a totally luck dependent game. A gambler puts up money in the hopes of a return if a random event occurs.
I think there is a lot of research, learning and a deep understanding of the market is required for trading forex. Can’t say it’s close to gambling there.
freckcope posted:But when you do not have any knowledge about forex trading, you are quickly to dismiss them as a gambling and nothing more. Forex trading is such a beautiful concept and it has vast when it comes to serving the purpose, I must say
I think there is a lot of research, learning and a deep understanding of the market is required for trading forex. Can’t say it’s close to gambling there.
Mar 10 2021 at 14:01
Sorry, but I don't agree with the statement that gambling and trading are similar things. I have experience in both of these areas. Trading is a much more complicated thing. When it comes to gambling, you just need to find your favorite casino or gambling platform and find out about all specificities. The main rule for me is to play not more than four times a week. I've played only [url=https://tr.superbahis.pro/]superbahis[/url] here this year. It's a great option for me because it's possible to make bets on sport from time to time which helps me take my mind off gambling when I need to.
Discipline is the key to success in trading. Due to lack of discipline many good analysts lose money in the market. It's the hardest thing to achieve in trading.
Mar 13 2021 at 18:51
Loss cannot be avoided in trading. There is no business where there is no loss. Trading is not the opposite. There is a loss in trading but that loss has to be maintained through risk-reward. Loss is a mistake and you should learn from this mistake. Loss can be covered through a 1: 2 risk-reward.
