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Forex Business Or Gambling

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Guest James tomas

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Forex is a business, but if we trade and just rely on luck, forex is same as gambling. We won't get profit consistently if we just rely on luck.We need to make analysis and we have to know when the right moment to open position so we can get profit from forex. Keep discipline and learning.

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Forex is a business. Trading and gambling are different things, so we can not equate the two to each other. We must have knowledge and experience in forex, and we need enough long time to be a successful trader here. Need patience to facing problems, not greed.

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  • 2 years later...

It’s definitely a business and that too legitimate, so we should never connect it with words like gambling, it’s nowhere near that and also at the moment I am trading with a fantastic broker like OctaFX broker which makes Forex even more charming since it’s regulated too so we can completely depend upon it while at the same time we get great treatment no matter what deposit we make and also their customer service is really great with been available 24/7 for help.

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Forex is a profitable business and not gambling. Forex is different from gambling. Where in gambling we only rely on luck alone but in forex we need to do analysis to make a profit. Luck in forex only 1%, while 99% is hard work

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To the uninitiated, all trading appears as speculative as to be little more than legalized gambling. There are no guarantees and making a profit on the exchange seems a totally random matter. The reality is that successful Forex trading is a highly skilled business that is not like betting at all. Traders have to function with a high level of planning and organization to mitigate risk and make a profit. While someone addicted to chance would argue that they always have a plan, a trader is working for a set of historical data and economic records that originate outside of what they want to happen. Playing games of chance uses plans that only exist based on the personal desire for gain

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Forex is a profitable business and not gambling. Forex is different from gambling. Where in gambling we only rely on luck alone but in forex we need to do analysis to make a profit. Luck in forex only 1%, while 99% is hard work

Yes, forex trading is profitale business. And if we want to get more maximal result, we must try to more improve our trading skills. We must try to maximize demo account to make us be better trader. Maximize what we've got in a broker. And then try to learn from trading experience.

Be more than a trader, be a TenkoTrader!

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  • 3 weeks later...

It’s a business for mature people while it’s gambling for youngsters who are hunt for quick money so it has quality as how we look upon it. If we are prepare to give it a proper fight and take it as long term business then we will do well and be successful in future but if we don’t and go for gambling approach than some profits might be long term losses.

I am lucky to have a broker like OctaFX, it supports me in everything that includes scalping or even long term as they charges low spread of just 0.2 pips while also have great swap free account for long term method so overall they are just perfect broker to work with.

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It’s a business for mature people while it’s gambling for youngsters who are hunt for quick money so it has quality as how we look upon it. If we are prepare to give it a proper fight and take it as long term business then we will do well and be successful in future but if we don’t and go for gambling approach than some profits might be long term losses.

I am lucky to have a broker like OctaFX, it supports me in everything that includes scalping or even long term as they charges low spread of just 0.2 pips while also have great swap free account for long term method so overall they are just perfect broker to work with.

If we can trade well in forex, we will be able to earn profit consistently in forex. Try to use small amount if we want to get more maximal profit. Do not treat forex as gambling because it will only make us lose our money which has been deposited.

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Guest gaban

forex is not gambling but a business and therefore we need to have the skills and good trading psychology if we want to succeed in forex trading. much learn and practice trading forex is very necessary in this trading

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Forex trading is definitely the business of risk but it can be manage and if we don’t manage it well then it can easily be termed as gambling. I am trading with Nova FX and with them it does not matter what Forex trading is but I am always in comfort zone thanks their Risk Free Trade option as with that I am given 3 big opportunity to trade without worrying about the results as I am able to get refund in case of losses for the first 3 trades.

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Forex is not gambling. One way to avoid falling into a casino mindset is to avoid an emotional reaction to loss. A gambler will race to deposit more money into a depleted account on the emotional belief that their next run will double their money and recover their loss. Traders won’t replenish funds until they have understood why their reading of the opportunity was so off as to cause a loss.

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Guest gaban








yes forex is not gambling because it is important in trading is the trading of our analysis, if we can improve trading skills are good then we will be able to maximum results when trading, and therefore we need to constantly improve trading skills good

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  • 1 month later...

Obviously not a gambling just like a best profitable business.Forex is a most discipline business and i'm so much successful to trade in Forex not doing any gamble.You have to earn huge money by doing Gamble in Forex but at a time it's possible to loss enough.I'm lucky that i had found best ECN broker KeyOption when i was newbie trader and i've zero knowledge of Forex.But their beginners course, trading strategies, trading tools helps me much to become a real profitable Forex trader.

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before start and pick up your desired trading style, better consider how much it cost, what benefit and what the risk. spread mean you transaction cost, which means spread does matter with any trading system, especially scalping. scalping may seem like a derogatory term, it is quite normal in reference to the Forex markets. This action is involved with the rapid buying and selling of a position of currency pairs. for such trading purpose I use Tickmill ECN account. this company was armada markets backthen its reputation is perhaps one of the most important benefits that scalpers can enjoy.

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  • 5 years later...

Professional trader gets their trading successfully much easily rather than other traders. Because they control on their emotions, work hard and learn first of all Forex trading. So, if you want to be a successful Forex trader try to be a professional trader. With TP Global FX broker I have all the trading facilities which help me to become successful. In their fluent and error free trading platform I am trading without any stress.
 

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