rrayne2009 Posted December 16, 2013 Share Posted December 16, 2013 Many arguments has been raised that forex is similar to gambling.What do you think is their difference and why we can't associate the two? Link to comment Share on other sites More sharing options...
uncle gober Posted December 31, 2013 Share Posted December 31, 2013 I think forex is not one of the gambling business, because in forex we not only speculative but we are required to be able to analyze the market and the market movement chart, traders who rely only speculative will never succeed in this business. We need more experience and knowledge in forex to get a better result. So, it's not game as well. Link to comment Share on other sites More sharing options...
Guest gaban Posted January 6, 2014 Share Posted January 6, 2014 ere are sell and buy in forex trading. And for can generate profit in forex we need science. Without science, we would not make a profit. while gambling, whether we need science to be able to make a profit? Link to comment Share on other sites More sharing options...
riki143 Posted January 9, 2014 Share Posted January 9, 2014 If you just open a position base on your feeling and not have money management that's gambling. Link to comment Share on other sites More sharing options...
uncle gober Posted January 10, 2014 Share Posted January 10, 2014 Forex is not a gambling because we can get information what may happen in business market by news and chart.We are verify our trading account with valid citizenship papers.On the other hand,gambling is a uncertain thing that is known to all as out law activities. Link to comment Share on other sites More sharing options...
Guest gaban Posted January 10, 2014 Share Posted January 10, 2014 I agree with you, forex is not gambling. we need to do a good trading analysis if you want to get profit from forex. Without proper analysis, then we will not benefit from this business. We need to learn on a demo account to learn to analyze the market. Link to comment Share on other sites More sharing options...
rrayne2009 Posted January 12, 2014 Author Share Posted January 12, 2014 Gambling always all the time depends on luck.If your cards didn't fall into good pieces,there is nothing much you can do but rely on luck.In forex,you can't depend on luck to be successful.You must be skillful and knowledgeable to analyze the market for favorable and profitable trade position. Link to comment Share on other sites More sharing options...
Guest gaban Posted January 14, 2014 Share Posted January 14, 2014 in gambling we can only rely on luck. But in forex we can not rely on luck. We have much to learn to be able to do a proper analysis. Profit so that we can get. Link to comment Share on other sites More sharing options...
gerski Posted February 3, 2014 Share Posted February 3, 2014 In my point of view and what first came into my mind when i had read this question is the word luck. I think the main difference between forexand gambling is the word "luck". At gambling we more rely on our luck in winning,while at forex we cant we need to learn and analyze.The market is so huge so we need to learn we cant rely on our luck. Link to comment Share on other sites More sharing options...
Guest gaban Posted April 29, 2014 Share Posted April 29, 2014 fundamental difference between the forex with the forex gambling is that we need the skills and knowledge to be able to analyze trading so we will make a profit. without the skills and knowledge of the forex will be no different with gambling. Link to comment Share on other sites More sharing options...
uncle gober Posted May 2, 2014 Share Posted May 2, 2014 i think forex trading is not gambling business this is true business and forex trading need knowledge and also need big experience and i think if you do continue your learning so i think then you can earn profit in forex trading. Let's Try Armada Demo Cup 2014 : Forex trading contest with 20 000 $ prize pool Link to comment Share on other sites More sharing options...
Guest gaban Posted May 2, 2014 Share Posted May 2, 2014 Yes, forex is not gambling, because we can get the obvious advantages of forex. for that, we must increase the skills and experience to be able to make money in forex. forex because if done with the original guess it will only lose Link to comment Share on other sites More sharing options...
Brendan Hill Posted May 27, 2020 Share Posted May 27, 2020 A few trades and brokers permit miniaturized scale lots for littler trading accounts and those with lower risk resilience. The miniaturized scale lot is proportionate to 1,000 units of one currency. If you have an account that is financed with the utilization of U.S. dollars, a smaller scale lot connotes 1000 USD of the base currency. A smaller than normal lot is 10,000 units of your base currency and a standard lot is 100,000 units. The individuals who remain with pairs dependent on the dollar will locate the most volume in the U.S. trading session and when the restricting pair's market is open. Link to comment Share on other sites More sharing options...
Mrsooduraske Posted October 15, 2020 Share Posted October 15, 2020 Treat trading as a business and keep a log of your trades. Calculate your average profit per winning trade, average loss per losing trade and percentage winners vs. losers. If this does not produce a profit or a profit not worth the risk you are taking, then reassess your approach and set goals. Link to comment Share on other sites More sharing options...
uncle gober Posted October 16, 2020 Share Posted October 16, 2020 that is why traders must be able to evaluate properly, this is needed and necessary so that traders can be maximized in increasing their skills, profits, and experience for the better. Link to comment Share on other sites More sharing options...
Matheus Schotsman Posted October 21, 2020 Share Posted October 21, 2020 Forex isn't like gambling. Some people treat it like gambling. I have taken trading as a business and a business isn't a betting it is about speculation. Different traders intentionally or unwittingly consider trading to be betting. Thusly they wind up losing their cash. We should see it as a business. It is an entire arrangement meander. You have to influence a whole deal to sort out. I'm trading with Eurotrader broker. It is a regulated and trustworthy broker. I like their ultra low spreads beginning from 0.0 pip. It likewise doesn't requote while I submit any request. Link to comment Share on other sites More sharing options...
uncle gober Posted October 22, 2020 Share Posted October 22, 2020 in forex there will never be an instant, so it is important for traders to be better and be more maximal in carrying out trading activities that match expectations with Tickmill. Link to comment Share on other sites More sharing options...
David Meyers Posted October 22, 2020 Share Posted October 22, 2020 Forex is more popular than other investment market. It is easy to start but hard to make consistent money. Many lost their money in forex market and more are coming for hoping to make money. Most of trader come to the market with unrealistic expectation. So, don’t think like that. I am trading professionally with Eurotrader. They are giving me best trading guide to survive in the market. Link to comment Share on other sites More sharing options...
Sam Patrick Posted October 23, 2020 Share Posted October 23, 2020 In the world of online trading, the main focus for the retail trader is to have a profitable strategy. In that case, It is very much needed to choose a broker who has tight spreads. Low spreads is very essential for the low investors who wants to make a minimum profit with their little investment. Different brokers have different spreads. They vary based on the type of the account, the market activity, and the moment of time during the trading day. As I am also a trader, I trade with Forex4you. It has very low spreads starting from 0.1 pips, which is very attractive for those who has little amount to invest. Link to comment Share on other sites More sharing options...
maspluto Posted October 26, 2020 Share Posted October 26, 2020 The selection of a briker must be paid attention to properly, this is needed and necessary so that traders can be better and can be maximized in carrying out trades in accordance with expectations with Tickmill. Link to comment Share on other sites More sharing options...
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