Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



I Think Forex is Just Gambling , Do you?


Recommended Posts

The traders who takes it as a Gamble, won't survive the long run, thus it is better that we shouldn't take it as a Gamble and trade blindly, else we might end up losing all of our investment.

 

 

so to be able to control harusa trading well we can control greed in trading because of the greed air we will not be satisfied and when we find it difficult then we can not control and will result in losses and a very big risk

Link to comment
Share on other sites

so to be able to control harusa trading well we can control greed in trading because of the greed air we will not be satisfied and when we find it difficult then we can not control and will result in losses and a very big risk

The state of self that is not controlled properly will give a bad effect once when force myself continue trading, from that try to be able to focus themselves well, to be able to face any market conditions that are difficult to predict

Link to comment
Share on other sites

In my opinion forex is not gambling, this is real business that included as risky business and possible as trader losing money in trading, but here as trader need good knowledge to analyze the market and having good understanding with the trend market behaviour and in trading also always keep discipline using risk management and money management

Link to comment
Share on other sites

Forex is definitely close friend of gambling, but it’s dependent upon us, if we trade without plan or trade with it. If we do the latter part nicely then we will be trading not gambling and that’s enough to work towards successful career. However, if we are not good at planning then suffering is almost confirmed. I never trade unless I am sure about the way to go for doing things. I get helped massively by OctaFX broker with their daily market updates and also monitoring system on their web site. They also have education potion, so all this works nicely in my favor and I always suggest traders that learn well to earn well, it’s very simple and straight forward logic!

Link to comment
Share on other sites

Forex is definitely close friend of gambling, but it’s dependent upon us, if we trade without plan or trade with it. If we do the latter part nicely then we will be trading not gambling and that’s enough to work towards successful career. However, if we are not good at planning then suffering is almost confirmed. I never trade unless I am sure about the way to go for doing things. I get helped massively  broker with their daily market updates and also monitoring system on their web site. They also have education potion, so all this works nicely in my favor and I always suggest traders that learn well to earn well, it’s very simple and straight forward logic!

 

t all depends on us doing it, because this is not us who run it, even the whole world, so we should be able to do something positive on a business trip in which we live, as long as we make trades according to the rules and have a nice concept, we will not this business makes business gamble, so do lan this business well and without any cheating.

Link to comment
Share on other sites

t all depends on us doing it, because this is not us who run it, even the whole world, so we should be able to do something positive on a business trip in which we live, as long as we make trades according to the rules and have a nice concept, we will not this business makes business gamble, so do lan this business well and without any cheating.

then with the extensive trade forex and also the risks and luck in the business of forex trading. In his wish to achieve gains in our course with have the skills and abilities could be maximized. For it to do with trying to keep practicing on a demo account to be trained in the skills and abilities can be more leverage than before

Link to comment
Share on other sites

I think if any trader only work like as gambling trading hence will hard to survive on forex for long run, in forex trading as trader need manage money with risk management and money management, which as trader need to keep discipline and if on doubt not enforced to enter because if only like as throw coin hence it will far from trading which as trader need to calculating profit and risk

Link to comment
Share on other sites

  • 1 month later...

I think that Forex could be anything but Gamble, You could consider it as a Job, or a business, or anything else, but never consider it as a Gamble, else you will lose a lot.

 

Not necessarily. A trader who treats forex trading as a jor or business can also lose a lot. But it was an informed decision or some mistake from trader's part. But gamblers gamble and they can win or lose. In most cases they lose. Because all they are doing is gambling. lol

Link to comment
Share on other sites

  • 4 months later...

This is not a really gambling, people can treat Forex as gambling and that is fine but there is consequences behind that action. People who make Forex as gambling usually have bad career and easily ousted from the market because of their own foolishness. Risk management in Forex exist for one reason and we should learn how to use it properly.

Link to comment
Share on other sites

  • 2 months later...

I think that Forex could be anything but Gamble, You could consider it as a Job, or a business, or anything else, but never consider it as a Gamble, else you will lose a lot.

If you consider it as gambling that could be the job but it is pretty much risk because making money in gambling doesn't take any kind of risk management to control the loss, while in real forex trading even though we speculate but we have some kind of risk management that could lower the risk we face.

Link to comment
Share on other sites

I do not think that forex tradng is a gambling. Luck will not work here. We must have knowledge, skills to maximize our fund. You can try to Learn everything you need to know about trading and analysing the world’s markets by following FXB 10-part Forex Trading video series.

Link to comment
Share on other sites

In the Forex business all the feature have to see is just gambling and waiting for my turn to come on and get paid in trades ?

 

I dont see much of improvement in my trading efforts and feel like im just playing a casino ahead ?

 

What should i do ?

And it is the good one.

In my opinion, Forex is not gambling;; because everything in life is gambling, nothing is assured, that you've studied up to your Phd doesn't guarantee success in life,,, Ever wondered why Bill gates will die a billionaire while those with Phds will die poor,,, is because one group thought education was a sure means of success.. which is not correct, education is just one way to success. That you trade with OCTAFX, ACCENTFX, FXCM, FRESHFOREX, OANDA or ANY OTHER broker out there does not guarantee success,, the brokers online provide the platform..

Link to comment
Share on other sites

A Gamble depends on the probability, but the Forex Trading requires lots of knowledge and experience and skills in order to achieve success. It is the money making machine, but if you take it as a Gamble, it would become the Money wasting machine.

I rather say that in order to survive in this business either you become a successful trader or struggling to survive, you should never see the foreign exchange as gambling. Treating forex as serious business is preferable because with that you will be more careful when you trade and use more strict Risk Management

Link to comment
Share on other sites

I rather say that in order to survive in this business either you become a successful trader or struggling to survive, you should never see the foreign exchange as gambling. Treating forex as serious business is preferable because with that you will be more careful when you trade and use more strict Risk Management

we can use the demo account to help our ability, and indeed it is one of the excellent facilities to help us become one of the maximum traders and also make us more understand in reaching all its things
Link to comment
Share on other sites

FXB Trading has helped guide many traders and made them successful by taking the advantage of less volume and low cost of margin trading in Contracts for Differences. Traders will now be able to trade in their assets without the need of purchasing them first. This allows them more flexibility and protects them from heavy losses. Many instruments could be used wisely to speculate the trading shifts and changes that take place in the CFD market.

Link to comment
Share on other sites

I rather say that in order to survive in this business either you become a successful trader or struggling to survive, you should never see the foreign exchange as gambling. Treating forex as serious business is preferable because with that you will be more careful when you trade and use more strict Risk Management

 

Well said. To become successful in this business we need to do a lot of thing and prepare ourselves. Thing won't be so easy for people and thinking it as gambling is not a wise thing.

Link to comment
Share on other sites

Well said. To become successful in this business we need to do a lot of thing and prepare ourselves. Thing won't be so easy for people and thinking it as gambling is not a wise thing.

Sure not a wise move and i think that as people who treat forex as gambling, it wouldn't be ending well. Gamble, as far as i know, don't have risk management, it is very different when we treat this business as the business, we put risk management and its allocation to prevent further losses and to optimize the profit.

Link to comment
Share on other sites

Of course, it would be a colossal mistake of any trader who take the Forex Trading as a Gamble, as today or tomorrow, he or she will face too much loss to be able to recover from the loss.

therefore a trader must really learn and try as much as possible in order to be easy to run so maximize with the best possible to achieve all things correctly
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...