Forex Is Not Like Gambling

Discussion in 'Forex - Currencies Forums' started by Lindsey J. Crosby, May 5, 2021.

  1. Lindsey J. Crosby

    Lindsey J. Crosby Senior Investor

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    Forex isn't like gambling. Some people treat it like gambling. I have taken trading as a business and a business isn't a betting it is about speculation. Different traders intentionally or unwittingly consider trading to be betting. Thusly they wind up losing their cash. We should see it as a business. It is an entire arrangement meander. You have to influence a whole deal to sort out. I'm trading with Eurotrader broker. It is a regulated and trustworthy broker. I like their ultra low spreads beginning from 0.0 pip. It likewise doesn't requote while I submit any request.
     
  2. Linda Smith

    Linda Smith Senior Investor

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    Forex trading is actually a simple job. But a trader need to know some basic things about forex before trading in the market. to make the trading easy a trader should choose a broker which can be his shadow in his trading life. I choose TP Global FX as my broker. I choose them because of their lucrative trading policy, tight spreads and dynamic leverage. They always help me to minimize my risk and maximize the profit. Because of them forex trading become simple for me.
     
  3. Jaxon

    Jaxon Senior Investor

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    Forex is simply a smart business whereas gambling is like betting so when a trader trade they have to know the marketplace and vast knowledge on trading. They should connect with a god broker which provides more opportunities for the traders.
     
  4. Lisa Maria

    Lisa Maria Senior Investor

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    If you want to trade in forex, learning is essential. Trading in forex is not an easy task. If you don't get prepared yourself for the market, you will face a huge loss. So it is essential to get knowledge about forex trading. You need to choose a good broker which can help you to get knowledge about forex. I choose Tpglobalfx for my trading because they are trustable and secured. They help me to learn about forex trading. I can easily take my decision with the help of them.
     
  5. Helen Epperly

    Helen Epperly Senior Investor

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    Traders should acquire knowledge of Forex from the demo account. There are also many free ebooks from where trades can learn the market principles. By learning, traders can make comfortable and stable profits. If you want to make a good stable profit, earn the proper way of trading as I learned from my broker Eurotrader educational course.
     
  6. naman garg

    naman garg New Member

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    The deeper I get into trading, the more and more it feels a lot like gambling. No one really knows the outcome of a trade, no matter how much analysis you do. Does anyone else feel this way? I'm trying not to get discouraged about trading, I'm still new and learning, and want to keep learning.
     
  7. Jaxon

    Jaxon Senior Investor

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    Gambling is where profit will be double or triple within a specific time even there no analysis will work. In Forex no one can earn money without proper analysis and income is not certain so in short Forex is not gambling.
     
  8. Jaxon

    Jaxon Senior Investor

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    Definitely, no, Forex is simply a business where profit and loss exist so newcomers can easily join here and for a better brokers, FreshForex might be really helpful as they are absolutely regulated.

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  9. mikenovo

    mikenovo Senior Investor

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    Forex is a totally separate industry from the gambling one and the two should not be conflated. One needs knowledge and experience to trade, rather than rely on chance and luck.
     

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