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FOREX TRADING = GAMBLING?

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trading has a complete system, from mental psychology, strategic, management, analysis etc. gambling is just a moment of luck.
trading is also a factor of luck but is not fully utilized when analyzing.
#91 - May 21, 2019, 05:18:35 AM

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forex is similar to gambling because there are elements of probability and forex is difficult to predict so many people prefer to guess prices rather than doing complicated analysis.
#92 - May 21, 2019, 08:11:11 AM

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gambling will not produce consistent profits different from forex trading that is run correctly.
#93 - May 21, 2019, 08:19:31 AM

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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.
for me forex is gambling that is only a term given by people who do not know anything about forex
#94 - May 22, 2019, 03:42:50 AM

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for me forex is gambling that is only a term given by people who do not know anything about forex
people who don't know forex assume that it will continue like that, because of their ignorance, always think forex is gambling
#95 - May 22, 2019, 04:04:35 AM

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for me forex is gambling that is only a term given by people who do not know anything about forex
have taken the assumption of forex gambling in society,
#96 - May 22, 2019, 04:20:12 AM

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please do not compare forex with gambling because forex is very different from gambling
#97 - May 22, 2019, 05:12:22 AM

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please do not compare forex with gambling because forex is very different from gambling
do not equate different conditions, forex and gambling differ greatly.
#98 - May 22, 2019, 05:18:09 AM

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do not equate different conditions, forex and gambling differ greatly.
yes sir ... I agree
#99 - May 22, 2019, 05:19:02 AM

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lay people are difficult to be educated because understanding of forex is very minimal.
#100 - May 22, 2019, 05:43:12 AM

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there needs to be education of lay people who mispercept about forex and gambling.
#101 - May 22, 2019, 05:49:41 AM

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trading and gambling are like two sides of a coin, they are inseparable despite different sides.
#102 - May 22, 2019, 05:52:10 AM

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the thinking of society is dominated by forex as gambling, let it go which will be right.
#103 - May 22, 2019, 05:57:15 AM

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the thinking of society is dominated by forex as gambling, let it go which will be right.
don't listen to anything like that, just focus on our trading and produce as much profit.
#104 - May 22, 2019, 06:02:22 AM

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I hate if someone says that trading is the same as gambling.
#105 - May 22, 2019, 08:09:04 AM

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