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Forex is not like gambling
Nov 30, 2020 at 07:28
เป็นสมาชิกตั้งแต่ Jul 19, 2020
749 โพสต์
Forex is not like gambling. I have taken trading as a business and a business isn't a betting it is about speculation. Different traders intentionally or unwittingly consider trading to be betting. Thusly they wind up losing their cash. We should see it as a business.
เป็นสมาชิกตั้งแต่ Aug 17, 2020
121 โพสต์
Nov 30, 2020 at 09:26
เป็นสมาชิกตั้งแต่ Aug 17, 2020
121 โพสต์
You are right. Many people come to trading with the mindset of a gambler and then claim forex isn't profitable because they lost. But speculation is something that requires skill and a kind of mental strength, it is a lot more nuanced than gambling.
เป็นสมาชิกตั้งแต่ Jul 23, 2020
816 โพสต์
เป็นสมาชิกตั้งแต่ Mar 17, 2021
494 โพสต์
Jul 08, 2021 at 23:29
เป็นสมาชิกตั้งแต่ Apr 03, 2021
437 โพสต์
Yes, forex is business and not gambling, but depending on yours as an account holder, if want to work as a gambling trader you can bet in the forex market based on luck only, and forex trading is not based on luck, it required experience, knowledge patience, forex trading is high-risk business but not as gambling.
Jul 09, 2021 at 05:16
เป็นสมาชิกตั้งแต่ Jul 07, 2021
40 โพสต์
Forex trading is not gambling, despite the common misconception some people have. Yes there is money involved, and tehre are losses from time to time. But traders know the importance of taking things seriously, try to understand the market and see what is happening in terms of trends, evaluate risks, and have a plan. It also relies a great deal on building your knowledge and while a little luck might be there, in truth it is all about a trader's experience, great care, knowhow and patience too.
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
Aug 05, 2021 at 14:13
เป็นสมาชิกตั้งแต่ Jul 19, 2020
749 โพสต์
@LukeRachel Yes forex is not gambling but many treat it like gambling. As a result, they do not able to make regular profit. They lose more than they win.
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
Aug 11, 2021 at 01:38
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
UweMoench posted:
@LukeRachel Yes forex is not gambling but many treat it like gambling. As a result, they do not able to make regular profit. They lose more than they win.
Forex trading depends on the investment mindset. The stronger the mindset, the better the profit can be made by analysis.
เป็นสมาชิกตั้งแต่ Mar 17, 2021
494 โพสต์
Aug 15, 2021 at 08:36
เป็นสมาชิกตั้งแต่ Mar 17, 2021
494 โพสต์
LukeRachel posted:UweMoench posted:
@LukeRachel Yes forex is not gambling but many treat it like gambling. As a result, they do not able to make regular profit. They lose more than they win.
Forex trading depends on the investment mindset. The stronger the mindset, the better the profit can be made by analysis.
But you also need proper knowledge and skills.
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
Aug 15, 2021 at 12:03
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
SteveHanks posted:LukeRachel posted:UweMoench posted:
@LukeRachel Yes forex is not gambling but many treat it like gambling. As a result, they do not able to make regular profit. They lose more than they win.
Forex trading depends on the investment mindset. The stronger the mindset, the better the profit can be made by analysis.
But you also need proper knowledge and skills.
Skills and knowledge are a must in trading. How to manage discipline without trading skills.
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
Aug 16, 2021 at 13:27
เป็นสมาชิกตั้งแต่ Mar 16, 2021
447 โพสต์
SteveHanks posted:LukeRachel posted:UweMoench posted:
@LukeRachel Yes forex is not gambling but many treat it like gambling. As a result, they do not able to make regular profit. They lose more than they win.
Forex trading depends on the investment mindset. The stronger the mindset, the better the profit can be made by analysis.
But you also need proper knowledge and skills.
Proper knowledge and skills are required. Moreover, it is not possible to make a profit in trading.
เป็นสมาชิกตั้งแต่ Aug 10, 2021
172 โพสต์
เป็นสมาชิกตั้งแต่ Aug 17, 2021
9 โพสต์
เป็นสมาชิกตั้งแต่ Jul 26, 2021
26 โพสต์
Aug 17, 2021 at 11:33
เป็นสมาชิกตั้งแต่ Jul 26, 2021
26 โพสต์
Yes, different
but I would say that there is something similar to poker game, where you need to have skills and knowledge in order to calculate possible combinations.
The market offers a much more extensive set of combinations, if I can write so. And so planning your trade and using proven "combinations" is some way to streamline the trading.
but I would say that there is something similar to poker game, where you need to have skills and knowledge in order to calculate possible combinations.
The market offers a much more extensive set of combinations, if I can write so. And so planning your trade and using proven "combinations" is some way to streamline the trading.
Aug 17, 2021 at 14:47
(แก้ไขแล้ว Aug 17, 2021 at 14:48)
เป็นสมาชิกตั้งแต่ Aug 14, 2014
1 โพสต์
In a nutshell, trading forex is putting the odds(if u will) in your favor same as being able to count cards at the card table, and if you get caught (and you will sooner or later) you will be escorted out and your picture will be on the board in many Casinos. The line is not thin between Forex and Gambling. Ask yourself, does the Casino ever allow you to put the odds in your favor to win or Beat the House? I don't think so!!! "Drop the Mike"

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