Forex Zone - Forex Forum

FOREX TRADING = GAMBLING? in Forex Education_67f83ac065b44

FOREX TRADING = GAMBLING?

Discussion started on Forex Education

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Yes, I think it could be like that, but we also have to judge it well. Don't let us trade forex like people who gamble, we are traders.
#1651 - September 19, 2023, 12:51:18 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, the use of forex trading is not gambling. What is called gambling is without analysis without studying and without opening positions using momentum, so when you trade forex you really have to be like a trader.
#1652 - September 20, 2023, 12:14:02 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I don't think so because as far as I know, gambling uses activity but doesn't use analysis. So when you talk about trading, you must use analysis and use management
#1653 - September 21, 2023, 12:23:58 AM

Sponsored

FOREX TRADING = GAMBLING? in Forex Education_6803a6c52eb12
#1654 - Today at 12:40:26 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I don't think so because trading is very different from gambling. People who trade must have calculations and analysis, while people who gamble don't use any analysis, they only use feelings.
#1654 - September 22, 2023, 12:31:08 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion, maybe not because what is called trading is definitely gambling, where when you trade, you cannot apply a gambling system. You must apply a trading system using analysis.
#1655 - September 23, 2023, 01:19:10 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I don't think so because forex trading is an investment business in a currency, so don't think of this as gambling, which makes us feel like gambling is the wrong way we analyze it.
#1656 - September 24, 2023, 01:34:08 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Yes. Frankly, I didn't think about it that way because in my opinion trading is an investment. It is a job where someone can gain profit from the results of their work with analysis
#1657 - September 25, 2023, 12:34:29 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Yes, the point is that what is called trading is not gambling when you carry out trading activities and you use analysis, that's called trading, if you are gambling, you don't use any analysis, just guessing.
#1658 - September 26, 2023, 12:35:20 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Is trading gambling, in my opinion no, because when you do forex trading, it is a business, it is a job. You will gamble when you do not analyze to open positions and without management calculations.
#1659 - September 27, 2023, 12:36:09 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion not because when you do forex trading it's the same as if you're working, it's the same as if you're investing if the method is wrong, that's called gambling, so make sure that when you analyze, use mature knowledge.
#1660 - September 28, 2023, 01:38:27 AM

Sponsored

#1661 - Today at 12:40:26 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I don't do things like that because I think forex trading is not gambling. In fact, when you use forex trading, it is a business that you have to be able to maintain, so analyze it, don't be like a gambler.
#1661 - September 29, 2023, 01:05:38 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Yes, it could be true, but we also have to be able to see for sure that whatever we do is indeed an investment, not gambling. So we have to be really careful to trade correctly so we don't make a mistake
#1662 - September 30, 2023, 01:08:58 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion, this will not be possible because of gambling or not. It depends on your choice, as long as you don't use bad methods, trading is the same as investing.
#1663 - October 01, 2023, 01:00:29 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I see forex trading as an investment business. So it's not gambling because you're wrong. What is meant by gambling is our own treatment as traders. So it's not an instrument.
#1664 - October 02, 2023, 01:11:20 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I don't think that's the case because forex trading is a form of business that you have to use for your investment, not gambling because when you do forex trading in a way like gambling, maybe you won't be able to be consistent.
#1665 - October 03, 2023, 12:19:05 AM

Members:

0 Members and 2 Guests are viewing this topic.



Elementor Website Builder