By gambling one can get
Dec 21, 2023 zamanından beri üye
12 iletiler
Dec 22, 2023 at 16:28
Fidely posted:Trading in the forex market isn't just about luck or gambling—it's a skill that requires analysis, strategy, and discipline. While it might seem like staring at charts, successful traders derive satisfaction from mastering this intricate puzzle and making informed decisions. Education, practice, and a thoughtful approach set them apart from gamblers. It's all about learning and adapting in a dynamic environment!
I don't really understand the people who gamble on forex market. I mean that gamblers usually derive pleasure from the process itself but not from the result. I wonder, how it is possible to derive pleasure from sitting before the computer screen for several hours following the charts. Gamblers will definetely lose the money sooner or later. THey don't have neither practical knowledge, nor psychological control over the situation on the market.
Dec 28, 2023 zamanından beri üye
40 iletiler
Dec 28, 2023 at 19:24
I think that for those who come to trade in Forex as in a casino, this is gambling. And for those who invest energy in studying the market and everything else, this is work.
Jul 29, 2024 zamanından beri üye
1 iletiler
Jul 30 at 10:09
UweMoench posted:I know it's been a while, but I get where you're coming from with that thought on gambling. It can feel like a quick way to make cash; for some folks, it's more about the thrill than the money.
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.
Jan 22, 2016 zamanından beri üye
8 iletiler
Aug 13 at 13:26
Yep, those random wins can be super tempting, but without proper knowledge, it’s just a fast track to losing everything.
Feb 12, 2016 zamanından beri üye
92 iletiler
Aug 14 at 10:44
By gambling you can undoubtedly get many different emotions like in casino but consistently making income by gambling is highly unlikely
May 08, 2023 zamanından beri üye
80 iletiler
Aug 14 at 23:12
UweMoench posted:Maybe, but a trader also needs to learn some things from gambling, such as having the courage to go with it and execute. They do it based on a hunch, we do it based on our take of the market. It is not always right but that does not mean we should not try.
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.
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