Are You Gambling or Trading? Think about this.

[mayten12345]

Most people who make a go at this demanding
profession of trading fail. And they fail miserably.
This hard, cold reality is due to several reasons,
but I'd like to point out one of the most damaging
of all those reasons. What has guaranteed the
failure of countless trading novices is the inability
to see the difference between a "gamble" and a
"professional trade" .

If you really want to make consistent money in the
forex market, your methods had better be professional
and extremely disciplined. No guess work. If you want
to be entertained, it is better and cheaper to go to
the movies.

Smart trading involves executing a plan. Do you have
a plan? If not, then the hard truth is you are gambling.

Gambling is nothing more than buying or selling with the
hope that you are right. So in my opinion, it is very very
important that you trade smart. Have a plan and execute
that plan. You can never lose sight of this fact: in order
to win this game of forex trading, you must last.
Those who trade smartly last, and those who gamble don't
last.

Every trader must learn to recognize which is which. In
your trading style, are you gamling? Or Are you trading smart?

Education is the Key to your success. Get professionally trained,
and mentored and you will last long in this lucrative profession.

[burayak]

I think personally that I do transactions in the forex business is a result of the analysis as a basis of reference for determining the decision to open and close positions position so I assume that transactions which I did the results of the analysis rather than just guessing that might lead to gambling .

[brutu]

Because I think you guessed it, not just the result of the analysis, transaction, my business transactions of foreign exchange is the result of the analysis as the basis of criteria to determine the decision to open or close a position could lead to gambling positions which I personally think it is.

[Rizwan]

I think personally that I do transactions in the forex business is a result of the analysis as a basis of reference for determining the decision to open and close positions position so I assume that transactions which I did the results of the analysis rather than just guessing that might lead to gambling .

If you gamble with your funds in forex trading it might leads to breakdown that will cost you more than the money you lost.
Rather than gamble with forex, you do rather go do sport betting, where you don't have to put your brain to work, you only do everything and every bet with luck guessing. That is gambling, but trying to guess with forex trading

[cuongmom]

I think personally that I do transactions in the forex business is a result of the analysis as a basis of reference for determining the decision to open and close positions position so I assume that transactions which I did the results of the analysis rather than just guessing that might lead to gambling .

Well, I agreed with you, trading forex is not gambling, it is an investment, when you use a high leverage and trade without strategy, it like a gamble with 50% ability to success.but if you use a low leverage and trade with a discipline, you will be easy to success.

[fxsilo]

Well, I agreed with you, trading forex is not gambling, it is an investment, when you use a high leverage and trade without strategy, it like a gamble with 50% ability to success.but if you use a low leverage and trade with a discipline, you will be easy to success.

yes trading is not gambling, in a trading we use an analysis, money management, and good knowledge so trading is a business, but trading will as a gambling if we are trade with blindly, dont use any strategy, always sell and buy without risk management. be carefully many trader do like that.

[gaga]

Forex trading is very similar to a small gambling, I started trading this way, I am one of the most effective strategy and had made ​​profits only and always, I can not feel relaxed once we believe in our own system to maintain its position

[rianta]

I think personally that I do transactions in the forex business is a result of the analysis as a basis of reference for determining the decision to open and close positions position so I assume that transactions which I did the results of the analysis rather than just guessing that might lead to gambling .

very true we have to trade with the analysis and should not be without analysis, because if so then it could be categorized with gambling. for it to all of them must be understood that forex should be done with the analysis as if no analysis including gambling.

[farooq]

gambling main ap ko is tra sy hardwork nahi kerna perta forex mian trade k lea pehly is ki marekt ko red krna pher is main trend ko janna or ager ap ko confirm bhi ho to ap is mian risk nahi laty or take profit ko use krty ho or stop loss ko bhi asi situation main ya trade hy na k gambling

[kaisar21]

That makes a gambling forex trader himself is a self who risked their money in the forex market are expecting a profit by simply relying on the luck factor. so bottom line forex trading is a business that is needed in the development of self-control skills, money management skills and analytical skills.