FOREX TRADING = GAMBLING?

forex is indeed gambling for those who are laymen.

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.

A very striking difference between gamblers and traders is the mentality of the person concerned. If someone is a gambling mentality, then anything can be used as gambling, even though trading.
In this case there are trading / trading models that adopt gambling systems, such as spread betting, martingale, options even by some experts, saying that scalping is included in this model. So to avoid the gambling system, leave a model like this.

forex is gambling, it is an expression for failed traders and ordinary people.

For some failed traders, it is considered that forex is difficult, so he runs forex like gambling.

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.

From several surveys, most forex traders who fail to generate profits consistently have a way of thinking like gamblers. They consider the market as a casino playing arena and not a business arena. Trading with a way of thinking like gambler in the long run usually loses, while the way of thinking "trading is a business" lasts longer and not a few can produce profits consistently.
From several surveys, most forex traders who fail to generate profits consistently have a way of thinking like gamblers. They consider the market as a casino playing arena and not a business arena. Trading with a way of thinking like gambler in the long run usually loses, while the way of thinking "trading is a business" lasts longer and not a few can produce profits consistently.

in my opinion gambling and forex have a close attachment especially in terms of probability but can be much different if you know how to run forex.

I do not agree that trading is equated with gambling, on the basis of it and how to run it is different.

a trader of course will have a mental entrepreneur, in contrast to gamblers who only have dreamer mentality