Forex trading is not gambling
May 19, 2023 at 07:43
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11 Replies
Tham gia từ May 06, 2023
46bài viết
May 19, 2023 at 07:43
Forex trading is often misunderstood as gambling, but it's important to recognize the distinction between the two. Unlike gambling, forex trading is not purely based on chance or luck. It's a form of investment that involves analyzing market trends, understanding economic indicators, and implementing strategies to make informed trading decisions.
Successful forex trading requires continuous learning, staying updated with market news, and developing analytical skills. Traders need to study charts, patterns, and factors that influence currency fluctuations. Risk management is also crucial in forex trading, as traders aim to minimize potential losses and maximize profits.
While there are risks involved, many individuals have achieved financial success and stability through forex trading. It can be a viable profession or a supplementary source of income for those who have dedicated time and effort to master the necessary skills.
Successful forex trading requires continuous learning, staying updated with market news, and developing analytical skills. Traders need to study charts, patterns, and factors that influence currency fluctuations. Risk management is also crucial in forex trading, as traders aim to minimize potential losses and maximize profits.
While there are risks involved, many individuals have achieved financial success and stability through forex trading. It can be a viable profession or a supplementary source of income for those who have dedicated time and effort to master the necessary skills.
The market always has unpredictable fluctationes，risk management is always the number one priority
Tham gia từ Apr 26, 2023
33bài viết
May 26, 2023 at 22:25
But i saw many people do it as part time like few hours a week. How is that?
Tham gia từ Aug 19, 2021
246bài viết
Jun 13, 2023 at 13:33
Everyone who says that forex is gambling usually traders who tried it, lost money and got frustrated. These people did not study the market, did not analyze, and so on. Lol.
Tham gia từ Apr 26, 2023
25bài viết
Jun 13, 2023 at 18:01
You hit the nail on the head! Forex trading is often mistaken for gambling, but it's quite different. Unlike gambling, forex trading requires knowledge, analysis, and strategy. It's about making informed decisions based on market trends and economic factors
Tham gia từ Aug 19, 2021
246bài viết
Jun 27, 2023 at 14:37
Oh gambling also requires certain skills and strategies. Lol. But excitement in forex is possible only for people with a certain mentality.
Tham gia từ May 22, 2017
85bài viết
Jul 13, 2023 at 14:07
Depends on the outlook. if you want the rush of gambling you can have it from the markets in overall.
If you are looking to make money out of it you will need to know the difference between gambling and taking a business risk.
Are you guys in for the rush or to make money?
If you are looking to make money out of it you will need to know the difference between gambling and taking a business risk.
Are you guys in for the rush or to make money?
F*** it we ball!
Tham gia từ Apr 26, 2023
33bài viết
Jul 14, 2023 at 23:21
I prefer to spend more time but be more sure about the result of what I'm doing right now
Jul 17, 2023 at 11:37
EmilyLee posted:I see nearly no similarities between trading and gambling. In trading, you follow the news, analyze, check the history of the instrument that you are interested in, adjust your risk management strategies accordingly, and then proceed forward.
Forex trading is often misunderstood as gambling, but it's important to recognize the distinction between the two. Unlike gambling, forex trading is not purely based on chance or luck. It's a form of investment that involves analyzing market trends, understanding economic indicators, and implementing strategies to make informed trading decisions.
Successful forex trading requires continuous learning, staying updated with market news, and developing analytical skills. Traders need to study charts, patterns, and factors that influence currency fluctuations. Risk management is also crucial in forex trading, as traders aim to minimize potential losses and maximize profits.
While there are risks involved, many individuals have achieved financial success and stability through forex trading. It can be a viable profession or a supplementary source of income for those who have dedicated time and effort to master the necessary skills.
In my opinion, it is a pretty narrow-sighted point of view to accept them as similar.
Eat, sleep, trade, repeat!
Tham gia từ Jun 27, 2023
7bài viết
Jul 17, 2023 at 12:14
Forex trading isn't gambling. While gambling relies on chance and luck, forex trading involves analyzing market trends, economic factors, and making informed decisions based on real data. Traders use strategies, research, and risk management techniques to potentially profit from currency fluctuations. It's a skill-based activity that requires knowledge and analysis, rather than relying solely on luck or chance
Tham gia từ Jul 19, 2023
9bài viết
Jul 20, 2023 at 22:07
Forex trading ain't no roll of the dice or a game of chance. It's all about analyzing the market, understanding the trends, and making calculated moves. It's a skill, a strategy game where you can totally flex your financial muscles and make those sweet profits.
Tham gia từ Mar 26, 2017
7bài viết
Jul 22, 2023 at 09:19
Forex trading is a gambling because of leverage, margin call and account limitations with odds manipulations.
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