July 14, 2020
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They have to answer yes, Forex trading is gambling since they don’t know what they are doing or why a price can change. On the other hand, the professional Forex traders or people with knowledge of the financial markets must answer negatively to this question. 8/14/ · Forex Is Not Purely Gambling and Here Is Why To put your minds at ease, we can argue that Forex does involve skill, training, and understanding. Based on these things alone, we could argue that unlike playing roulette, for example, Forex still expects you to have knowledge and understanding of finances, trading, and global markets, not to mention a deeper grasp of politics, to be successful to Author: Melanie Porter. The short answer is NO, forex trading is not gambling, however, there are certain aspects of forex trading that may resemble gambling to some. It really comes down to the trader and how they are trading, predicting currency swings, and watching trends – if they are trading without proper estimation, then forex may very well be a gamble for them.

Is Forex Trading Gambling? Are You A Gambler or An Investor?
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The short answer is NO, forex trading is not gambling, however, there are certain aspects of forex trading that may resemble gambling to some. It really comes down to the trader and how they are trading, predicting currency swings, and watching trends – if they are trading without proper estimation, then forex may very well be a gamble for them. Forex trading is not gambling because gambling is based on taking risky action in the hope of a desired result, and trading is a methodical and systematic process not based on luck - it is based on analysis and testing. However, many traders that trade because of excitement has hidden gambling tendencies. They have to answer yes, Forex trading is gambling since they don’t know what they are doing or why a price can change. On the other hand, the professional Forex traders or people with knowledge of the financial markets must answer negatively to this question.

Is Forex Trading Just Gambling?
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How Can You Avoid Gambling Forex?

8/14/ · Forex Is Not Purely Gambling and Here Is Why To put your minds at ease, we can argue that Forex does involve skill, training, and understanding. Based on these things alone, we could argue that unlike playing roulette, for example, Forex still expects you to have knowledge and understanding of finances, trading, and global markets, not to mention a deeper grasp of politics, to be successful to Author: Melanie Porter. Is forex trading just like gambling you ask? Gambling, by definition is to “Take risky action to gain the desired result, often for financial reward”. Gambling is meant to be fun, but for certain people is a dangerous addiction that can have devastating effects on livelihoods and family life. Is Forex Trading Essentially Just Gambling? Forex trading is considered by many to be nothing more than gambling. After all whenever you take a position in a particular currency pair, you are essentially betting on the price to either go up or down by taking a long or short position. So is forex trading really just another form of gambling?

Is Forex trading really just gambling? - The FX View
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When Forex trading is gambling?

8/14/ · Forex Is Not Purely Gambling and Here Is Why To put your minds at ease, we can argue that Forex does involve skill, training, and understanding. Based on these things alone, we could argue that unlike playing roulette, for example, Forex still expects you to have knowledge and understanding of finances, trading, and global markets, not to mention a deeper grasp of politics, to be successful to Author: Melanie Porter. They have to answer yes, Forex trading is gambling since they don’t know what they are doing or why a price can change. On the other hand, the professional Forex traders or people with knowledge of the financial markets must answer negatively to this question. The short answer is NO, forex trading is not gambling, however, there are certain aspects of forex trading that may resemble gambling to some. It really comes down to the trader and how they are trading, predicting currency swings, and watching trends – if they are trading without proper estimation, then forex may very well be a gamble for them.

Is Forex Trading Essentially Just Gambling?
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Forex and Gambling

Is Forex Trading Essentially Just Gambling? Forex trading is considered by many to be nothing more than gambling. After all whenever you take a position in a particular currency pair, you are essentially betting on the price to either go up or down by taking a long or short position. So is forex trading really just another form of gambling? The short answer is NO, forex trading is not gambling, however, there are certain aspects of forex trading that may resemble gambling to some. It really comes down to the trader and how they are trading, predicting currency swings, and watching trends – if they are trading without proper estimation, then forex may very well be a gamble for them. Yes this is fact, actually Forex trading is not gambling but 60% people’s believe that Forex trading is just gambling. Let me explain you that usually people play Forex like gambling in which they make money and loss all. Forex is a good source to earn smart profit but need to trade in professional manner.