FOREX TRADING = GAMBLING?

what distinguishes between forex and gambling is how one plans something in great detail both in terms of technique, system, and management carried out by means of discipline. a gambler, I'm sure they will never plan something like management, a system that will be run and a psychological discipline.

The presumption of the factor of speculation and the possibility of a large profit or loss that can be accepted by a trader just by sitting alone makes many people equate it with gambling. But actually forex trading is not gambling but pure trade.

This is what makes forex trading different from gambling:

Gambling: Decision making based on profitability and speculation

Forex: Decision making based on technical and fundamental analysis

Gambling: The results obtained are detrimental to one party

Forex: The results obtained are mutually beneficial

Gambling: There are no products or goods traded, numbers are not included in goods or products

Forex: There are products or goods that are traded in the form of currencies

Gambling: The results of gambling are completely unpredictable

Forex: There are limits and controls for clear profits and losses

Gambling: Uncertain

Forex: When the price is saturated where the situation is too high or too low, the price will experience a correction

Gambling: Prohibited by law and state

Forex: There are official regulations from countries such as Indonesia which are under BAPPEBTI, or under regulators from other countries such as FCA UK, MFSA, ASIC, CFTC / NFA and the like.

From the real differences above it is quite visible that forex is different from gambling, and of course you also have begun to be able to conclude whether forex is the same as gambling or not.

Good night sir. I really agree with this post, sir. We are here, sir. Like trading gold and so on sir. Profits are also adjusted to the capital we have. I do not agree if trading is equated with gambling because we traders have learned fully to learn techniques and fundamentals.

in fact there are a lot of people who think that forex tends to be negative, whether it is in the category of gambling or business that is not clear about its future. for sure, whatever the opinions of other people in the community as long as they do not interfere directly, I personally tend to allow, what is important is that we do the right thing and do not violate the law, and from what we do get good income

what distinguishes between forex and gambling is how one plans something in great detail both in terms of technique, system, and management carried out by means of discipline. a gambler, I'm sure they will never plan something like management, a system that will be run and a psychological discipline.

The presumption of the factor of speculation and the possibility of a large profit or loss that can be accepted by a trader just by sitting alone makes many people equate it with gambling. But actually forex trading is not gambling but pure trade.

This is what makes forex trading different from gambling:

Gambling: Decision making based on profitability and speculation

Forex: Decision making based on technical and fundamental analysis

Gambling: The results obtained are detrimental to one party

Forex: The results obtained are mutually beneficial

Gambling: There are no products or goods traded, numbers are not included in goods or products

Forex: There are products or goods that are traded in the form of currencies

Gambling: The results of gambling are completely unpredictable

Forex: There are limits and controls for clear profits and losses

Gambling: Uncertain

Forex: When the price is saturated where the situation is too high or too low, the price will experience a correction

Gambling: Prohibited by law and state

Forex: There are official regulations from countries such as Indonesia which are under BAPPEBTI, or under regulators from other countries such as FCA UK, MFSA, ASIC, CFTC / NFA and the like.

From the real differences above it is quite visible that forex is different from gambling, and of course you also have begun to be able to conclude whether forex is the same as gambling or not.

I've read book with title "Smart Trader Not Gambler" by Elen May. Trading is trading we are here for business not rolling dice or rolet. Made analysis and trade with plan.