Forex Trading Is It Gambling

The mechanics are analogous in that both activities are exposed to a financial risk and reward tradeoff. To answer the question is forex trading gambling we have to break it down by the very definition of what it is to gamble.

Is Forex Trading Gambling Is The Bible Against It

To attempt to explain why trading is not gambling is pointless in my opinion.

Forex trading is it gambling. Although forex trading is gambl! ing for the newcomer or the untrained investor it is pure economic science for the experts trader. For many novice traders trading really is gambling as theyre placing trades based on gut feelings and not on market analysis. Trading is completely different from gambling if you are incorporating the right strategy after doing a proper analysis of market.

However as you develop your strategies and skills theres no question that forex trading can become more science than luck setting it apart from gambling in an important way. But before we do that i want to share a brief outline of the way i used to think about trading and gambling. Comparing trading to gambling holds an argument that is on its own merits practically sensible.

Due to high risks forex trading is often compared with gambling. But before we do that i want to share a brief outline of the way i used to think about trading and gambling. I think its not right.

Consequently the answer to this question depends on ! the person who answers it and the person who is trading forex. It is up to people to find out for themselves as all traders have done why trading and gambling are poles apart. But it is more like testing their luck when they start trading because most new traders actually gamble and dont trade seriously.

Five reasons they are not the same is a work of art and the words are the words i would use also. Forex trading is becoming increasingly popular around the world. More and more people register at a forex brokers and try to trade currencies.

Yes it is gambling when one treats the forex market like a huge jackpot machine or roulette table where the hope of winning is dependent on nothing else but pure luck. Dear hillel fuld first of all the report you wrote called forex trading and gambling. I have been asked many times is forex trading the same as gambling.

Indeed if trading merely was gambling it would be nex! t to near nigh impossible for anyone to make consistent money from it yet plenty do. To answer the question is forex trading gambling we have to break it down by the very definition of what it is to gamble.

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