This is tedious and incorrect thinking worthy only of a poorly educated urban teenager.
well, if you are right then tell me how im wrong in straightforward mannerā¦
Every money transaction in our life has loss and gainā¦either it benefit you/other or not, its entirely separate stuffā¦so does with trading account.
Theres no business in world where u dont have to risk the cost value against possible profit valueā¦
which is same on paper as taking tradeā¦
only your conviction defines what you do, otherwise all money transactions are sameā¦
I think itā good to open this post. Itās fundmental to understanding the markets. So th question was is forex trading a gamble. Off course it is! iF YOU DONāT THINK SO YOU WILL LOSE TRADING THE MARKETS.
Forex is definitely gambling
Forex is never a gamble.It is only in binary option that i see pure gamble: up and down up and down
Clicking no candle reading.
My opinion is every type of trading be it stocks or forex can either be gambling or not depending on how it is conducted. If gambling as we traditionally call sports betting or horse betting was a losing proposition we will not have professional sports/ horse bettors. Ultimately it boils down to edge and money management. In casino games unless you were card counting you typically will not win in the long run. In sports betting and horse betting if you know you sports/ horses and understand risk with proper bankroll management you can succeed. Essentially this is what forex and stock traders are doing with diversification and risk management etc. A gambler has no true edge nor understands proper risk and bankroll management and just punts on a sports team/horse/stock/currency pair and ends up busting the bankroll.
Trading is not gambling, it is a business. Businesses can make losses and some fail. This possibility does not make them gambling. People obsessed with this question are not yet ready to trade.
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