Are You Gambling or Trading? Think about this.

Gambling is for small capitial traders. Its great for newbies. But for professionls gambling is not good. From this u can make money as well as u can loss it soon.

Trading short time trades, without proper anlaysis/calculation and without using forex risk management techniques is more like a gamble but with proper knowledge and experience when we trade it is some thing different and more sophisticated than gambling.

I think trader who continue trade for a gambling purpose he or she can not reach in success.If trader think forex is a good business and a small profit daily than he can reach in success.
If any trader want to earn a huge money within short period than he take risk and start gambling.But he must fall in loss.

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Originally Posted by ntoed

there is a lot of indicator and strategy that can help us trading in forex. many of them is so simple, just see the color and we can decide buy or sell or not to trade. but all of them is not perfect, its sometimes give a false signal. i use some of it but i dont like to use it, because i always loss. so i decide to use traping and i think traping is gambling with using money manajement.

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most of newbies depended only on indicators because of less knowlegde of experience but in case of gambeling ,,this is done through only in condition of less knowledge and most of newbies do it in beginnign of time

I absolutely still acquisition an acknowledgment with this,in my analysis,i absolutely chase markets,but if i had profit,i absolutely wish added and acquisitiveness makes me destroy slowly,i anticipate this are some allotment of gambling,greed

Quote:

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Originally Posted by ntoed

there is a lot of indicator and strategy that can help us trading in forex. many of them is so simple, just see the color and we can decide buy or sell or not to trade. but all of them is not perfect, its sometimes give a false signal. i use some of it but i dont like to use it, because i always loss. so i decide to use traping and i think traping is gambling with using money manajement.

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I think, the strategy with the pending order, buy stop and sell stop instead of gambling. It is one of the trading strategy. I often do, especially if there is a high-impact news release. and this strategy works well.

I do not think that forex gamble, but is the result of learning and study of the scientific method and the commitment of specific strategies for either gambling is the result of buying and selling for no reason.

Forex trading is definitely not another form of gambling because with a bit of education you can become an accomplished technical analyst and determine high probability trading positions where you win far more than you lose. If you get into the market without doing any analysis then you're actually gambling.

In my forex trading, never take any trading order without analysis. I always try to understand the market condition and to be professional forex trader in future. I believe that if any trader think that forex trading is a gambling then he never survive in forex market in long run.

for me i think the forex is not a gambling because i know a strategy and i Follow the Analysis and the forex business is a result of the analysis maybe there is a little of luck but the luck is rare.