Is Forex really a gamble ?

[mojcris]

Hey guys why are you thinking like this , if forex is gambling then stock should be also , forex is a market , you work with banks , the difference is being online and it's all for you comfort nothing else

[100c�]

gambling is some thing else and forex is some thing else. traders who does not know about the forex and they just trade without any basic knowledge actually they are taking the risk of gambling and pro traders first analyses and then take the position that is called business.

[fanesa G]

Whwn we trade in forex market without using any analysis then trading forex are not different with a gambling game,. but if before trade we make an analysis first than forex trading are not gambling in all way.

[sinaga]

very true friend. forex trading is not gambling. This forex trading requires skill and good management in the trade to make profit. different from gambling, which is always hope to get lucky to win. if we gamble in forex trading, I am sure we will be destroyed

[wendhrie]

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.

[netra]

u said right bro........forex is not all about gambeling but its can be depended on skill and knowledge...if one has lack of sufficient knowledg then he will do gambeling without considering the all analysis in this case forex will be gamble for half knowledged trader

[dweet]

If you are constantly trading just for the sake of trading, just for the rush of being in the game, just for the momentarily thrill of being right you are gambling. You are trading without an edge, without any solid information and are therefore completely vulnerable to the random vagaries of price.

[sachin]

Is very true that difference between trading and gamble in forex is choice of trader involve in forex. Even with analyse, trade can decide to make trade in opposite direction with hope that analysis with turn bad and favour trade. Some trader call contrarian trading but I think is not wise way to trade.

[ishvara]

I thing forex is a grumbling business.Because here many people earn huge profit within short period and lots of trader loss within short time.
If any trader wants to earn huge money within short time he/she must fall in huge loss.

People make a lot of profits in other businesses like the stock market trading, that does not make them to be gamblers. Forex requires analysis and if we fail to do just that, we would end up in losses.

[redlion]

you're exactly right. although luck plays a part in forex its mainly about knowledge and experience. with knowledge you know when to start a trade and when to get out. with experience you develop an instinct where you just know the right time to start or exit a trade. in gambling you never iknow what is going to happen next but in forex you can predict the movement with a fair percentage of accuracy.