• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Forex is not gambling

Forex isn't gambling. It is a business. We should consider Trading to be a business and keep a log of your trades. Figure your average leverage per winning trade, normal hardship per losing trade and rate victors versus washouts. In the event that this does not pass on preference or favorable position not worth the threat you are taking, at that point reassess your approach and set objectives.
 
Of course; it’s not! Forex is a knowledge based profession; means if you have enough trading knowledge, then you can expect the success otherwise not!
 
Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.
 
I think there is no trading strategy which is able to earn profit 100%. You can earn profit by means of your trading approach hugest 55-65%. True fact.
 
actually lots of trading courses in online , but i have seen most of them actually not works in practically. because most of them are found to be scams.
 
If you want to be successful in this market, you need to have proper knowledge and experience about the market. Because without proper knowledge it is quite tough to make money from this market.
 
Forex is not gambling it is a real business. In gambling, you can not buy or sell anything but in Forex trading you always buy or sell different currencies so forex is a real business like other businesses.
Gambling only give you short success. But in long run you need proper analysis and strategy to make consist profit.
 
Of course, Forex trading is not a gamble. In Forex trading you have to work by maintaining discipline and analysis. If the work is planned, there is a 95% chance of profit.
 
Though forex market is not a place for gambling. But unfortunately many are doing nothing but gambling. It is because of not having enough knowledge and skills.
 
When you do not have much knowledge and do not know how to control your mind, you end up gambling. Then gradually it becomes a habit.
 
Whenever you don't have a lot of skills and don't understand how to control your thoughts, you wind up gambling. Then slowly it will become a habit.
 
Forex is not gambling. Its all about skills and strategy.
Forex trading is not gambling. Traders do gambling. Actually when you do not know what you are doing, you have no other option other than gambling. They just learn to use some candles and indicators. But trading is more than that. You are playing with big money. You have to be skilled enough.
 
One important difference between trading and going to the casino is that when you go out to gamble, you have a negative expected return. In other words, the house is always expected to win over the long run, on average. Trading , however, if done skillfully and artfully, can put you in the position of the house.
 
A reliable trading platform is free of trading technical errors like slippage, reqoutes and dealing desk. Reliable brokers can only provide reliable and technical errors free trading platform.
 
This issue has become quite stereotype nowadays. We find the lacking of a reliable broker in majority of the brokers. However, good brokers are always dedicated to their traders.
 
the best Forex broker is a broker who always ensure security of funds with a wide range of trading technologies.
 
Top