Is Forex really a gamble ?

[esif]

hi brother,

forex is both gambling and a business but it depends on you that how you take it... higher liverage may cause it to act like gambling and vice versa.. thanks for reading..

[esif]

Thanx dear zoomfire for posting such a nice site. Its really a very helpful site for forex education not only for beginners but for professionals as well. It have got much information if some one wants to start his career in forex trading.

[naik]

Forex trading cannot be a gamble, it is a valid business that we traders can depend on to succeed in our trading and make a lot of profits. No traders should call forex gambling because if you gamble with forex, then you will get a lot of losses.

[mayengbam]

I just wanted to ask that is really Forex a gamble as here many traders just trade blindly and depends upon luck - what you believe?

According to me its not like that as in Forex ,Knowledge matters a lot as without that learning becomes hard .

yes there is some risk involve in forex and every business do have risk. yes we can say forex is also a kind of gambling because the market moves cant be predicted with 100% accuracy all the time. But if one can predict it with 80% accuracy he/she will do good busines in this market

[indianforex]

Trading is not like gambling at all !!
But If a trader is entering positions blindly then he is considering it gambling. And surely not satisfied with trading.
Forex is a very good business demanding huge experience and strategical knowledge.

yes i think you are right.forex is not gambling at all.dont think it as gambling.forex is not a gambling and a forex trader can do gambling.only the traders who does not know well about forex trade can only say forex is gambling.

[seahawks90]

Trading is not like gambling at all !!
But If a trader is entering positions blindly then he is considering it gambling. And surely not satisfied with trading.
Forex is a very good business demanding huge experience and strategical knowledge.

I strongly agree with your reply because if a trader is playing it just like gamble then its for sure that he will loose , because forex wants your strategy , your knowledge and your skills so i must say that comparing forex with gambling is not a correct thing because i am a professional trader and i must say that forex is our profession and you must have to respect your profession if you want to be a successful trader.

[atif58]

Trading is not like gambling at all !!
But If a trader is entering positions blindly then he is considering it gambling. And surely not satisfied with trading.
Forex is a very good business demanding huge experience and strategical knowledge.

[twinkling star]

Yeah I really think so. k it is because the lack of knowlege as people treat the tread as a gamble. as they just think that trading is by chance as if we loose it is because of bad luck and if we win it is also because of good luck. just investment is needed in forex and nothing else. When their investment finished because of losses so they soon became disappointed and leave the trade soon.

[bestlooser]

I just wanted to ask that is really Forex a gamble as here many traders just trade blindly and depends upon luck - what you believe?

According to me its not like that as in Forex ,Knowledge matters a lot as without that learning becomes hard .

mere hisaab se forex bilkul bhi gamble nahi aur gamble to un k liye hai jo gamble karte hain? aur un ko bhi gamble karne ki zaroorat nahi kyon k mere opinion mein bhi woh beghair gamble kiye bhi achi khaasi amount bana sakte hain aur pata nahi kyon log apne money ko lose karne ka risk lete hain mera khayal se unko paise ki importnace ka nahi pata but loss k baad wo saochte honge?

[ali1011]

I think forex is not realy a gfamble because this reason is that when you trade open with your mind set idea mean when you used stoop loss and take profit its make count your desgion for your trading. But reality is that forex is like gambling .