In Forex business and gambling both possible or not ?

[Aaron_0]

Well forex is only gambling if you don't know anything about the market and how it works. For me gambling is a game of chance where anything can happen. In forex most of the time if you do the right analysis you know what will happen and make profit out of it.But of course there are people that will just put their money blindly on a pair and wait to see what happens. For them forex is certainly gambling.

 

[Elijah_0]

Gambling is basically a trading approach taken by traders to reap quick gain on the market. But it isn’t an accepted trading approach for traders.

 

[Ricky Rk]

Forex can’t be a gambling as long as you are not trading like gamblers!

 

[Callahan Sinclair]

I get what you are saying about forex and think it is not gambling when you have knowledge and make informed decisions. For those who dive in without understanding, it can feel like a gamble.

 

[Anthonio]

Yes, both possible. Forex needs strategy and analysis; without it, it’s just gambling.

 

[Dest1987]

In Forex trading, the line between business and gambling can blur. At its core, Forex involves speculation on currency exchange rates, akin to placing bets on the direction of financial markets. While it offers opportunities for strategic decision-making based on analysis and economic indicators, the element of uncertainty remains prominent. Traders can employ risk management techniques and adhere to disciplined strategies, treating Forex as a business endeavor. However, impulsive actions driven by emotions or reliance on luck can resemble gambling behavior. Success in Forex hinges on knowledge, skill, and prudent risk management, differentiating it from pure gambling.

 

[Callahan Sinclair]

I think if you start any business without learning, education, and practice is essentially relying on luck, much like gambling.

 

[erlangtrader]

trading forex bukanlah judi, sebab dalam forex trading seorang trader bisa mengintervensi posisi mereka dan selama ekuity margin cukup maka seorang trader belum loss, beda dengan judi loss saat salah win saat menang

 

[hirudin]

forex only business not gambling because you can see the trend.

 

[RainbowRain]

To make a profit on forex, you need to make informed and systematic trades. And this is only possible when you trade according to your proven trading strategy, know how to wait and are disciplined and consistent in your actions. And playing for luck like in gambling without market analysis will only constantly destroy your deposits.