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Difference between gamblers and traders in General Forex Discussion_67f83ac065b44

Difference between gamblers and traders

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kusneni

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For people who don't know forex trading, they will definitely think about forex as gambling, because forex which is well-known in the community is like binary options which tends to gamble instead of trading like Forex which puts forward the real trading equation.
#106 - December 05, 2020, 07:17:56 PM

Antonio

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There are many differences between trading and gambling, the most obvious thing is that gambling cannot be predicted in detail like forex trading.
#107 - December 06, 2020, 02:39:09 AM

Trader Candra

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Forex trading also without knowledge and a way of trading (trading system) can be called a gambler only with luck. 
Be careful when trading forex.
#108 - December 06, 2020, 02:59:13 AM

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#109 - Today at 03:03:58 PM

FXOpen Trader

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Quote from: Trader Candra on December 06, 2020, 02:59:13 AM
Forex trading also without knowledge and a way of trading (trading system) can be called a gambler only with luck.
Be careful when trading forex.
If we are doing our trades without any knowledge then it will be considered as Gambling and can also lead to more losses for us.
#109 - December 06, 2020, 02:33:35 PM

Sugeng Setiadi

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Gamblers and traders make no difference if traders view forex as a game without a strategy and knowledge that must be possessed and understood, so there must be knowledge and strategy so that traders are not called gamblers.
#110 - December 31, 2020, 04:37:28 AM

Rizky_Rizal46

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From their attitude alone, it is actually different between traders and gamblers, where traders act more like analysts while gamblers are more speculative without the need for analysis or prediction in predicting the direction of future price movements.
#111 - January 19, 2021, 11:56:02 PM

caripoin

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it is clear, if gambling is not familiar with money management, and gambling also doesn't need and there is no detailed analysis like trading, there must be a clear and detailed analysis
#112 - January 20, 2021, 05:41:35 AM

Aryox

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Traders and gamblers are often equated but are fundamentally very different, if gamblers are the same as traders, there is certainly no such thing as a forex business.
#113 - January 21, 2021, 06:58:58 AM

PrimaFx

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The basic difference between a trader and a gambler is the attitude he has and a very different mindset where traders think more about ways while the gambler thinks about the desire to win.
#114 - January 28, 2021, 02:39:14 PM

Razor

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of course it's different, and the most basic difference is that in gambling there is no good money management, while in trading we know money management to manage our trading so that the accumulated results end up being profitable.
#115 - March 24, 2021, 05:45:07 AM

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#116 - Today at 03:03:58 PM

Iw4nN

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if gambling, there is no system that can predict almost as accurately as forex trading, where this system will later become a weapon for us when trading.
#116 - March 28, 2021, 01:52:54 PM

Nasmoco

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The difference between gambling and trading is that trading is good planning and money management and whereas the gambling is not
#117 - May 03, 2021, 11:24:17 PM

ERSYA

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A gambler will not have financial planning well like what we need in trading, and gambling does not have a good and clear trading system
#118 - May 09, 2021, 03:11:01 PM

mugiwara

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if the trader has a good money management if gambling doesn't use money management
#119 - June 03, 2021, 06:20:00 AM

ZB

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Of course the difference is that all traders will be prepared carefully, if gambling is all spontaneous
#120 - June 03, 2021, 06:36:26 AM
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