It is still amazing that in this day in age there are still people out there that think Forex trading, or any type of trading, is the same as gambling. To be fair, the inexperienced trader or someone who has never traded before do have a point. Trading is not gambling. | Forex Peace Army - Your Forex Feb 13, 2018 · Trading forex indeed included high risk high gain business, but this is not gambling, because how to success on forex business also need knowledge and also experience, not only relying with lucky in trading, different with gambling on casino, that only relying with lucky, but in trading forex we can`t treat forex like as gambling. Why Forex and Gambling are not the Same: Five Main Reasons Even when one considers all the casinos around the world, the daily turnover would not be more than a few billion dollars. This is one of the primary reasons that make forex trading different from gambling. Institutionalization of Forex Markets. The forex trading market …
Is Forex Trading a Form of Gambling? ... The advantages of forex betting or markets betting over traditional sports betting could form a long list.
It's only a thin line bewteen gambling and trading in forex as a gambler sometimes have a plan and strategy just like the above. The clear difference is in the psychology of the mind of both. The gambler is governed by greed and fear while the trader is not affected by any emotions. Is Forex Trading like Gambling? | Forex Broker Reviews That means he’s gambling while trading. But hey, that’s ok. Not everybody wants to make a living trading Forex. There are people that think it’s exciting and they are looking for a rush. And with this point of view, Forex trading offers even better winning chances than most casino games. Why Forex trading is not like gambling - PipBurner All this says is that the trader treats the market in a gambling manner. Most trading floors prefer traders with daily gains/losses of +3%, +2%, +5%, +3%, -1%, + 3% and so on. Small and frequent gains gain trust in the traders Forex trading strategies and usually result in more capital being credited into their trading account.
Forex Gambling or Not; This explains why Forex trading cannot be compared to gabling and why the market is not like a casino.
Why Forex trading is not like gambling - PipBurner It is still amazing that in this day in age there are still people out there that think Forex trading, or any type of trading, is the same as gambling. To be fair, the inexperienced trader or someone who has never traded before do have a point.
Forex Gambling Or Not - Is Forex like Gambling?
The consequence is worsen when the Forex gambler does not apply stop losses in his trading. No, it is NOT gambling when one treats the Forex market like any other business or profession where opportunities can be seized and risks can be mitigated. Forex Trading is Not Gambling - Nasdaq.com Is there a difference between forex trading and gambling? I have been asked this question on more than one occasion and it is a good one as it can make the difference between failing and having a ... Is Forex like Gambling? | Plus500 Review - Scam or not? 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. Is forex gambling? Discussion | Myfxbook
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You have to remember that what differentiates trading from gambling is being able to bend the odds in your favor. That is why, as a trader, your mindset should be akin to that of the casino and not the gambler, who merely focuses on one event (or trade) at a time.
The relationship between Forex trading, or any trading at all, and gambling is one that we professionals are asked to address regularly. I get this question quite often socially. I live a somewhat social life, and have many friends that I dine with regularly. I have friends in all fields, and I must ... Is Forex trading really just gambling? - The FX View Such leverage can make Forex trading no more than gambling. Lack of Knowledge. Forex is often sold as an easy way to make money online, and you will even find some brokerages selling their services in such a way. This has attracted many people who do not have the skills or expertise to try their hands at Forex trading. Ask HN: Is Forex Trading Gambling? | Hacker News