Are You Gambling or Trading? Think about this.

[abangfx]

aI think that the relation between gambling and trading depends on the money management of trading, it doesn't depend neither on strategy nor system. If any trader maintain/follow tight money management, then if he opens a trade of losses, his balance will be lost in a very little amount, I will recognize this as trading. And if he doesn't follow tight money management, his balance may become totally nil, I will call it gambling.

[dixit]

In my opinion, gambling-minded traders are those who do not care about the risk of trading. Those who trade a lot of good fortune to rely on, that's why they do not have the desire to explore the forex. They just have a desire to win and win. 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

[bahar]

a very nice lesson,I think every beginner should read it, if he/she really wants to trade and make fortune in long term. The mental psychology is more important. there must be some logic behinde every trade as gambeler don�t have or even if he is having needs a high probability study must be motivated by his luck factor. with my experience considering psychology trading that is what comes most of the time while trading is that, a direct money involment is there, suppose you bought 5 kg of apple from fruite market and you lost some where in between from market to your home way,definetly you will be depressed but not as much as if you lost currency of two dollar from your pocket while returning back to home. isn�t it ?

[pomade]

forex is a worldwide market, lot of investor from various country invest here. so here is no possibility of gambling and its a fare trading. the price of currency rise and fall due to the economic condition of its own country. trader just buy and sell I think i am doing trade in this market because before giving any trade in this market i always take some precaution like fundamental analysis and technical analysis about this market and if i see that this market is comfortable for me then i give any trade here.

[tatang]

forex is a worldwide market, lot of investor from various country invest here. so here is no possibility of gambling and its a fare trading. the price of currency rise and fall due to the economic condition of its own country. trader just buy and sell I think i am doing trade in this market because before giving any trade in this market i always take some precaution like fundamental analysis and technical analysis about this market and if i see that this market is comfortable for me then i give any trade here.

[prabowo]

aisa tab hota hy jab ham greedy ho jaty hen tab ham gambling kr rahy hotay hen is liye trading wo hoti hy jis me ap apny emotion and greed ko control karen to he ham theek sy trading krty hotay hen but agar ap greedy ho k trading karty hen to ap gambling kr rahy hotya hen in short k gambling tab hoti hy jab ap itna risk len jis sy ap k balance ko wash honay k danger ho. Needless expenses, In my opinion I'm sure some buyer through foreign currency trading. We can see, in most cases, For certain i will adopt typically the experts' help and advice towards exchange. And yet in some cases, In my opinion definitely will take risk through foreign currency trading, wounded passengers certainly no help and advice rarely are naturally fad, website suppose I may take risk back then.

[compor]

As far as i'm concern, I'm trading since I don't open a position based on luck and hope. I open a position based on good money management and a proper analysis beforehand. What mostly indicates whether you're gambling or trading in forex, is your income. If your income rate is consistent and stable, then you're trading. Forex trade may have some gambling because most of time expert persons give a false news about conning trade to take extra benefit from trade market but it's very little time otherwise Forex trade is a good and free from gambling

[Ali hassan]

Gambling is outlined as staking one thing on a contingency However, once commercialism is taken into account gambling takes on a way additional advanced dynamic than the definition presents. several traders square measure gambling while not even knowing it — commercialism in an exceeding approach, or for a reason that's utterly divided successfully within the markets.

In this article, we'll verify the hidden ways that during which gambling creeps into commercialism practices, similarly because of the information that will drive a private to trade (and presumably gamble) within the initial place.

It is quite possible that anyone United Nations agency believes they do not have gambling tendencies won't mirthfully admit to having them if it seems they're in reality performing on gambling impulses. however discovering the underlying motives behind our actions will facilitate North American country modification the approach we to build selections within the future.

[resham]

I do not find completely bored at my work in the forex market, but be very enjoying it a great opportunity to work very well and we must uphold and that certainly make the effort to succeed and to gain profit by the will of God Think about this. Many people it will be choose for gambling but I am choice only for trading. Trading life is long, but gambling is sometimes happen, A minimum investor can not risk in trading, the doing business in parallel. Many of gambling in business it is depends on his mind.

[salih]

thanks a lot for the very informative post. its obvious that u have invested your time and effort to educate people like us and let me tell u that we are very thankful to that effort. having a trading plan and executing it properly is the key to success. most people fail to stick to their plan because of greed. when one sees a trade profiting he tends to keep it going expecting a higher profit but end up making a loss.