This explains why Forex trading cannot be compared to gabling and why the market is not like a casino. Is Forex Trading Gambling? @ Forex Factory Is Forex Trading Gambling? - The relationship between Forex trading, or any trading at all, and gambling is one that we professionals are asked to address regularly. Forex is Gambling or Not | Post as a guest Forex is Gambling or Not; How To Use 1 & 4 hour Chart Time-Frames to Confirm Daily Chart Signals Is Forex trading really just gambling? - The FX View
A mentor of mine once taught me, "the difference between gambling and investing is education". In Forex, possibly more than anything else, this statement stands true. I would like to add one aspect to that statement though. The difference between Forex Trading and Forex Gambling is not only education, but proper a money management plan.
Forex trading is nothing like gambling, but many fail to understand this. Cynics will point to the high failure rate of successful forex traders which in turn can be partially attributed to the mindset that forex is indeed gambling. One of the biggest mistakes new forex traders make is to approach trading forex with the gambling mindset. Are you investing or gambling? - Investopedia Once someone is involved in the financial markets, there is a learning curve, which based on the social proofing discussion above may seem like it is gambling. This may or may not be true based on Is Trading Forex Essentially Gambling | | Forex Online Trading No forex is not at all gambling. it is like investing our money for a result. “Those who treat forex trading as if they were in a casino will see the same long-term results as when they go to Las Vegas,” he says, adding: “If you treat forex trading like a business, including proper money management, you have a better chance of success.” …Newsweek International, March 15, 2004 Is trading Forex basically legal gambling? | Yahoo Answers
Is Forex a Scam or Gambling? Williams forex —…
FOREX is not an gambling act, but could fall to gambling when the perpetrator does not understand how to trade FOREX, either did not understand graphs, curves, indicators, trends, economic conditions, etc. Forex can be said to be gambling if we open a position without first analysis, this is called 100% chance. This is my opinion
Is Forex like Gambling? | Plus500 Review - Scam or not?
Is Forex essentially gambling? - Quora We can never know in advance, no matter how hard we try to predict the markets. However, the ... Is Forex trading not almost like gambling? Is Forex Trading Gambling? The Answer Might Shock You To answer the question, is Forex trading gambling, we have to break it down ... “ No, not really…trading is nothing like gambling if you know what you're doing”. Is Forex like Gambling? | Plus500 Review - Scam or not? 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 ...
Is Forex like Gambling? | Plus500 Review - Scam or not?
Yes. Easy, right? :-) However, there is one small difference with what people commonly refer to as gambling and forex trading. This is it: If you go to a casino to gamble, the house always has an edge over you. You might play all night and win eve... Is Forex like Gambling? | Plus500 Review - Scam or not? The Business of Trading. 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. Reasons FX Trading & Gambling are Not the Same | DailyForex While the Forex gambling/Forex trading comparison is not totally baseless, it is also not accurate and the following is a list of five attributes that differentiate the two industries. Numbers : Before I get into morals, ethics, legal issues, and legitimacy, let’s just focus on the reason anyone gambles or trades Forex; money. Is Forex Trading, Gambling? - AGAPE.COM 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. The difference between the Casino and the Forex market is that, most are games of chances with the former versus a contest of strategy for the later.
What it comes down to is the Forex industry - the snake oil salesmen who promise that this is a way to get rich quick - are trying to make Forex sound like more than it is by pronouncing that trading with an advantage is somehow not gambling. Is Forex Trading, Gambling? - AGAPE.COM