Is Forex really a gamble ?

Page 3 of 3 FirstFirst 123
Results 21 to 30 of 30

Thread: Is Forex really a gamble ?

  1. #21
    Senior Member
    Join Date
    Apr 2016
    Posts
    472
    Thanked: 0

    Default

    Is Forex really a gamble ?
    People who thinks that Forex is gamble dont have idea about Forex or trading. Because if you have learn Forex, then you will know that Forex is more analytical work of our mind rather then jsut prediction of any number.

  2. #22
    Senior Member
    Join Date
    Jul 2016
    Location
    India
    Posts
    248
    Thanked: 0

    Default

    Yeah, Gamble totally depend on the Luck, but there is nothing like Luck in Forex Trading, and the one who considers it as a Gamble won't survive for long.

  3. #23
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,294
    Thanked: 1

    Default

    In my long trading career I have changed many brokers due to several problems. Due to high security issue now I have finally chosen Forex4you broker who is regulated and licensed broker. From this internationally regulated broker I also get high security of funding, high leverage 1:1000, narrow spreads, error free technical based platform, no restriction, comfort, flexibility of working and many other facilities at a time and for forever.

  4. #24
    Senior Member
    Join Date
    Dec 2017
    Posts
    665
    Thanked: 0

    Default

    A spread is a difference between the buy and sell prices of a forex pair. Like many of the financial markets, the FX -denominated positions in which the two prices will be presented. If you want to open a long position, trade at a buy price just above the market price.
    Currencies are traded in lots. Lots tend to be very large as FX tend to move for small amounts. As a result, not all forex trades are leveraged as individual traders do not necessarily have £100,000 (or the currency they are trading in) for every trade.

  5. #25
    Senior Member
    Join Date
    Apr 2016
    Posts
    196
    Thanked: 0

    Default

    Quote Originally Posted by Battledoom View Post
    Yeah, Gamble totally depend on the Luck, but there is nothing like Luck in Forex Trading, and the one who considers it as a Gamble won't survive for long.
    Forex trading is a very professional market where traders have to analyze many aspect before taking any trade otherwise it would be like throwing darts in the dark if you does not know what you are doing or what you are aiming for, so in such circumstances where you don't know what you are aiming for is like gambling and not trading.

  6. #26
    Member
    Join Date
    Jul 2020
    Posts
    68
    Thanked: 0

    Default

    Forex trading is not a place for gambling. If anyone compares Forex trading to gambling, he is wrong. Trading can be done with 95% accuracy. If trading were gambling, so many people would not be involved in trading. Forex trading is a business. There are losses in business as well as losses in trading, but it is possible to cover these losses if you work with a positive mindset. So trading and gambling can never be placed in the same row.

  7. #27
    Member
    Join Date
    Jul 2020
    Posts
    60
    Thanked: 0

    Default

    Forex trading is the most famous and profitable business in the world. Anyone can start trading and earn a lot of money from the forex market if they have enough knowledge about forex. Forex is not a gamble. If you use forex in a very proper way then you can easily earn a lot of money. I trade with Eurotrader. They are one of the best brokers I have ever worked with. They never make disappointment to their client.

  8. #28
    Member
    Join Date
    Jul 2020
    Posts
    83
    Thanked: 0

    Default

    Forex isn't gambling. It is a business. We should consider Trading to be a business and keep a log of your trades. Figure your average leverage per winning trade, normal hardship per losing trade and rate victors versus washouts. In the event that this does not pass on preference or favorable position not worth the threat you are taking, at that point reassess your approach and set objectives. I'm trading with Eurotrader broker. It is a regulated and reputable broker. I like their ultra low spreads starting from 0.0 pip. It also doesn't requote while I place any order.

  9. #29
    Senior Member
    Join Date
    Jun 2020
    Posts
    117
    Thanked: 0

    Default

    Trade with strong psychology is very important. If your emotion works while trading then you will face losses. Trading with emotion is very harmful. You should set your mind strongly while trading. Trading psychology is a very important thing for a trader. I always try to trade full of attention. My broker Forex4you helps me a lot. They never make disappointment to their client. They are really very supportive and helpful. I would easily suggest this broker If anyone looking for a reliable one.

  10. #30
    Senior Member
    Join Date
    Jan 2020
    Posts
    138
    Thanked: 0

    Default

    in ro ham eslah kon:
    Forex is one of the popular and risky market in world. Trader have to be carful before investing money. I recommend to use demo account first. Its free and easy learn trading from it. After 5 to 6 months of practice in demo account, trader then think about real investment. Otherwise trader won’t make profit from it. I am trading with Tpglobalfx from two years. I learn many tips from them.

Similar Threads

  1. invest money in forex if u want to get extra profit in forex???????
    By israr_ali in forum General Forex Discussion
    Replies: 14
    Last Post: 12-06-2018, 07:26 PM
  2. A Trade or a Gamble?
    By ForexTools in forum Forex Beginner's Forum
    Replies: 25
    Last Post: 01-26-2017, 10:42 AM
  3. Hermes-Forex.com - Automatic CopyTrade Forex Trading Signals
    By Maya Floarter in forum Advertising
    Replies: 5
    Last Post: 08-13-2013, 08:48 PM
  4. Replies: 0
    Last Post: 08-03-2011, 06:50 PM
  5. Replies: 0
    Last Post: 05-25-2011, 06:53 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us