Printable View
no, for me forex trading is not gambling because i use analysis before opening my positionQuote:
Originally Posted by rfshopz
and yes for some trader think and use forex trading as a gambling place they only take it by luck without any knowledge on forex trading
but there are many new trader did not want to learn to make analysis they only use martingale strategy without searching the movement or trend
For me, I do think I'm a new speculator inside forex. You see, most of the time, Let me adhere to the actual experts' tips to business. However sometimes, I do think will wager inside forex, travellers have the zero tips no definitely tendency, i then consider I may wager in those days.
The people who are struggling with an open base, a reference to the choice of the decisions, and even foreign positions is the result of my business can be so analyzed as a result, we are dealing with games at home, may be present, they are only assumptions insteaded of the results of the security analysis !!
in this case I do trade, if I trade this with gambling, then I could lose all my money in the forex market, because in trading we should be able to trade using money management properly, if you use money management such as gambling then you could lose all your money in the forex market
The people who are struggling with an open base, a reference to the choice of the decisions, and even foreign positions is the result of my business can be analyzed as a result, we are really dealing with games at home, may be present, they are only assumptions instead of the results of the security analysis !!
Forex is almost the same as the gambling way benefit while I hope that Forex is a life time business in the world so that most of the trader like Forex business and i also like Forex business No that Forex means gambling with because they are trading without knowing the market and so this is legal and there is no chance of gambling in forex as if it is prohibited and haram if the religion of Islam and it is haram then if that would do it sinful because it is not good
Forex trading is not gambling but it could be gambling if we donot have a trading plan or we donot follow our trading plan i accordingly No i do not agree with that Forex trading is gambling that i believe fully that luck is not factor and is gambling when you 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
In simple words Forex is a business of buying and selling foreign exchange in order to gain profits while Forex trading is not gambling business this is very good and big business as well forex is currency trading and profit is generated in it price changing when price go up in buying and down in case of selling but but our earning from Forex market never depend on our luck it is depend on our hard work and market analysis
If I thought that forex trading business is not a gambling because the forex business can not easily duplicate money and capital only on luck alone even more forex business is more towards the exchange value of different currencies and we will get a profit on the difference obtained currency
my opinion, forex is legal currency trading and trade need the techniques and strategies that must be mastered before engaging in this business to survive and profit. basicly we should know how to analysis ,forex is not a gambling when you depend on luck, you have to make your good luck by yourself base on your skill.