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[Razor1911]

Forex and gambling are both different. Though the risk is always there in both the platform, but what makes them different is the analysis and overall risk factor.

When you gamble, you purely depend on your luck. The chances of winning is as high as chances of losing. Even you can't do anything to minimize the risk as it its nature to take risk to able to make profits.

In other hand, forex is a business where you can analyze the market, get a proper fundamental research, and then after making your market Strategy then only you start trading. So a better approach minimize the risk factor in trading forex than gambling.

 

[a_jerobon]

I totally agree with what you have said here. Forex trading is so much different from gambling. With forex, you can do extensive research and analyze the market well. That way, you don't just depend on luch like you do in gambling.

 

[Razor1911]

I totally agree with what you have said here. Forex trading is so much different from gambling. With forex, you can do extensive research and analyze the market well. That way, you don't just depend on luch like you do in gambling.

Forex business is a professional job. Many people are doing it for a full time work. It's not like gambling where you do eveything with your luck, it can never be a full time job.

 

[microunit]

In my opinion though ever since I've always seen forex as "Controlled Gambling" kind of thing cause unlike in slot or casinos which is entirely based on luck, in forex you are the one setting when or when to do what to get profit or scrape your losses

 

[a_jerobon]

Forex business is a professional job. Many people are doing it for a full time work. It's not like gambling where you do eveything with your luck, it can never be a full time job.

Yeah, I also know people who are doing forex trafing full time as their professional job. Having good skills in it will actually earn you enough to sustain you and a family.

 

[BullyMaguire]

It's not gambling i agree but.. it's sort of similar although you can increase your chances in forex. On gambling it's just odds and chances

 

[delnovem]

Not exactly gambling because there is a lot of difference between Forex and gambling. In Forex, you can make a lot of predictions based on the news and the past history, but you can't do that in gambling.

 

[gammarays]

Forex has an edge over gambling. You can curtail your loss in forex using stop loss and can recover if you have a better money management system. Gambling is win all or lose all.

 

[Ofonime]

Forex has an edge over gambling. You can curtail your loss in forex using stop loss and can recover if you have a better money management system. Gambling is win all or lose all.

Yes I think so gambling is a win or loss affair,while in forex if you can learn how the business work and ensure that you trade well there is no way you wont make some profit it is better to trade with care learn more and more then your level of trading experience will increase after then you can start trading successfully

 

[Corzhens]

Excuse me if you do not like this comment. Trading in stocks is not gambling because the commodity (stocks) is based on tangible foundation which is the corporation that owns the commodity. Forex is all about currency which is tangible and backed up by the government. Gambling is like trading in crypto because there is no sound basis for the commodity. You just rely on luck.

 

[gammarays]

Yes I think so gambling is a win or loss affair,while in forex if you can learn how the business work and ensure that you trade well there is no way you wont make some profit it is better to trade with care learn more and more then your level of trading experience will increase after then you can start trading successfully

Yrs forex is basically win all lose all stuff. It's the most risky because you can get rich with a small stake which is very rare and lose harder which is very popular. Gambling is never a skill.

 

[Razor1911]

Yrs forex is basically win all lose all stuff. It's the most risky because you can get rich with a small stake which is very rare and lose harder which is very popular. Gambling is never a skill.

How to make money in huge quantity is very rare in forex market. Face per the statistics, almost 95% of the traders lose money here.

 

[LutherKing]

Forex and gambling are both same things , though gambling has been studied for it's purposes , not much about forex can be said to be honest actually here

 

[gammarays]

How to make money in huge quantity is very rare in forex market. Face per the statistics, almost 95% of the traders lose money here.

Well if you take it as a business, you can make 10% Or more monthly and it's good if you have a huge capital. If you take it as gambling without any good money management system, you lose.

 

[Razor1911]

Well if you take it as a business, you can make 10% Or more monthly and it's good if you have a huge capital. If you take it as gambling without any good money management system, you lose.

10% is enough for sustaining the trading businesses. It is not that high to achieve too. We should have proper plan, and with small amount of risk we can easily reach the amount.

 

[Brain]

I totally agree with what you have said here. Forex trading is so much different from gambling. With forex, you can do extensive research and analyze the market well. That way, you don't just depend on luch like you do in gambling.

Yeah gambling to me no matter anyone want to paint it to me it is a game of luck but same isn't applicable with Forex. Forex is to know how it works to indulge

 

[Wisdom01]

Forex is different from gambling , on forex you can use strategy to win trades and minimize your risk so you can take out your profit , but on gambling it's hard to find a clear strategy most especially on casino betting

 

[Razor1911]

Forex is different from gambling , on forex you can use strategy to win trades and minimize your risk so you can take out your profit , but on gambling it's hard to find a clear strategy most especially on casino betting

Forex is not a gambling business. Whoever things that forex and gambling are same, does not know forex well. Forex is a professional market, as it contains high amount of risk but that can be manageable with proper strategy.

 

[Balint098]

Forex IS gambling. Heck, people can even call life itself a gamble. No matter how much you analyze, calculate and plan ahead, there always be external factors that no one can't control nor predict, thus destroying all your effort in forex.

 

[Razor1911]

Forex IS gambling. Heck, people can even call life itself a gamble. No matter how much you analyze, calculate and plan ahead, there always be external factors that no one can't control nor predict, thus destroying all your effort in forex.

Yes I do agree with you. In no way we can call it a gambling. Gambling is totally different which totally depends upon the luck. Forex business is actually professional business which is done by professional people.