Is forex is gambling ?

[gabanda]

yes, forex is not gambling, we need to work hard in order to conquer this business well. In forex we can not rely on luck to be able to make a profit, we need the skills and experience to make money in forex

 

[kupz]

forex is gambling if you are relaying on luck to make your decisions, but when basing your trades on actual theories and knowledge of the market then you are running a business

 

[kxforexmart]

Forex is not gambling at all because as its related to the real money investment ,we should be very much passionate and serious towards the arena ,here we have to trade with proper knowledge and genuine analysis instead of guessing .

 

[sininfinity]

Depend on ourselves.
because some "traders" in forex also rely on luck, they don't make analysis when trading. We can use demo account to prepare ourselves to start trading. We need to get better in forex if we also learn from our trading experience.

Those people who rely on luck, soon realize luck alone won't bring them profit in the long run. There are some other things to do to make profit in the long run.

 

[Timothy ForexMart]

Off course not. As this is a big Business where regulated brokers from Across the World lets their Big investors Invest huge money along with the a lot of Small Financial institutions Invest money as well a lot of Big Banks Invest money.

 

[Pill Head]

No, Forex may be a job or may be a business, but it would never be consider as a Gamble, or you may lose ample amount of capital.

 

[Pill Head]

Yes as trader need having good mindset about forex business, this is pure business although we trade at home, but we must treat forex like as business and not treat forex as gambling because gambler will never long run in this business

Yes, Those who took Forex Trading as a Gamble, won''t earn much as they will lose at some point as they are relying on mere luck which is not advisable.

 

[kxforexmart]

Forex is not at all gambling ,we are making that gamble because we just in max cases run for the money and pips and that can make us a gambler so we have to be positive here

 

[kxforexmart]

Forex is not a gambling at all because here we have to analysis the market well so that the profit pips can be achieved in a proper manner and we can also make target as per the plan we make .

 

[kxforexmart]

When we trade without any proper analysis ,traders do gambling and for that they can't make the real profit in the Forex field and here the casual approach can't help us to make good profit at all ,we have to be sure about the trading.

 

[sininfinity]

When we trade without any proper analysis ,traders do gambling and for that they can't make the real profit in the Forex field and here the casual approach can't help us to make good profit at all ,we have to be sure about the trading.

You are right. Things might work once or twice but sooner or later the trader will suffer the consequences not doing things the proper way.

 

[kxforexmart]

No Forex is not gambling at all because here we have to be very much specific about the analysis so that the trading can be accurate and no guessing should be there

 

[arjun]

Forex may be termed as gambling by those who does not knew how to trade it, perhaps they think it works similar to what is being offered in casinos.

 

[Ralfbaby01]

It's very different than gambling. When gambling there are fixed odds and you cannot "beat the system". But with Forex, the more information you have then the more likely you are to "win"

 

[kxforexmart]

Forex is not gambling but we the traders are making that because we just trade blindly without any kind of knowledge and like that we get the loss .

 

[Manoj David]

No, it's not gambling but too many people go it that way and end up losing, so we need to be extremely good with how we go about doing our work.

 

[jenperry]

No, it's not gambling if you are doing it in right way by learning and practising.

 

[Lee Mark]

No way actually, here more than 90% traders are losers, know why? Because, a number of Forex traders are trying here to make instant success! Logically it’s quite impossible! Success is a long term process here, there is no shortcut way of learning!

 

[Faal]

Guys, do you thing that Forex trading is like gambling ?

Because not every-time prediction works.

It’s not prediction, it’s all about probability! In addition, generally which traders have good trading skill their probability ratio is much higher than general traders! Forex is not luck testing or anything else! So, don’t try to trade here blindly!

 

[Pill Head]

Yeah, it is not at all a Gamble and the people who takes it as a Gamble won't survive for long in it.