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Difference between gamblers and traders in General Forex Discussion_68922e7c602bf

Difference between gamblers and traders

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in forex trading we can also become gamblers when we enter the market without analysis, which is why before entering the market we have to analyze the market correctly so we don't gamble on the forex market
We can play as gambler or trader i think because forex is unpredictable and no one knows the exactly where price will go fot the future
#76 - June 29, 2019, 02:14:33 AM

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Traders and gamblers have clear differences as traders are more calculating and using correct analysis while gamblers don't use anything just guessing.
#77 - June 29, 2019, 11:12:53 AM

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Trading with a gambler-like way of thinking in the long run is usually a loss, while the way to think 'trading is business' is more durable and not a few can produce profits consistently.

Characteristics of a gambler
Gambling is like opium, and a true gambler has a dependency to always gambling. They do the same thing over and over again just to gain satisfaction and a high sense of euphoria, both win and lose. Gamblers consider gambling not their profession, but only hobbies.

Characteristics of a trader
Traders always regard the forex market as a business land. Trading activities are conducting business transactions, buying and selling. Every business is always at risk because it requires a money management and a clear business plan.


What do you think about this? What is the difference between gamblers and traders
the gambler he plays just guesses without any basis of analysis and will be addicted, if the businessman is all well thought out, makes a strategy to trade, plaining etc.
#78 - June 30, 2019, 08:52:55 AM

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#79 - Today at 02:17:02 AM

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between gambler and trader i think is the trader using analize before start trade
#79 - October 07, 2019, 03:39:20 AM

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the difference between a trader and a gambler is that a trader always uses a trading plan, limits losses and has a target
#80 - October 07, 2019, 03:56:23 AM

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Trading also has its own rules and a lot and must be obeyed by traders so that trading does not lead to gambling.
#81 - October 08, 2019, 04:57:20 AM

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in trade between gambling and pure trade it is difficult to distinguish.
#82 - October 08, 2019, 07:08:57 AM

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blers and traders can also be different depending on the way tradig is used by that person.
#83 - October 08, 2019, 10:54:38 AM

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true gamblers and traders the difference lies in the mindset.
#84 - October 09, 2019, 10:12:00 AM

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both have strong similarities and differences.
#85 - October 11, 2019, 08:14:03 AM

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#86 - Today at 02:17:02 AM

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there is a clear difference between gamblers and genuine traders if one does trading activities where gamblers do not use analysis in trading.
#86 - October 12, 2019, 12:59:22 AM

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absolutely right, the initial intention here is very important because it determines the business and success in the future.
#87 - October 12, 2019, 05:54:42 AM

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Gamblers and traders can be said to be slightly different, it can also be said to be very different depending on the way traders and gamblers take advantage of the forex market.
#88 - September 30, 2020, 06:16:53 AM

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Gamblers and traders have different views and methods of trading where traders prioritize methods and strategies and beliefs, while gamblers prioritize the desire for profit only.
#89 - September 30, 2020, 03:41:47 PM

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The most striking difference between a trader and a gambler is the mindset, the trader's mindset is long-term profit while the gambler's mindset is a large and fast result without thinking about long-term risks.
#90 - September 30, 2020, 04:02:04 PM

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