Why do people see Forex trading as gambling?

[Shing1985]

Why do people see Forex trading as gambling?

 

[46du114t1f]

The scope of Forex portfolio is too vast.

A trader is doing a decent business if he has proper money management.

 

[Shing1985]

Yes, scop of the forex is very vast and if a trader has good knowledge and skills he can make good amount of money with forex trading.

 

[Electric Rainbow]

At what point does forex trading become gambling? Forex trading can become gambling when you don't know what you're doing and it can exist in many different ways. In most instances, forex traders end up gambling when they don't follow a trading strategy.

 

[Gravelwing]

Because they can't cope with a serious analysis, and any profit obtained by accident is evaluated purely as a good coincidence...

 

[kekend]

Yes, scop of the forex is very vast and if a trader has good knowledge and skills he can make good amount of money with forex trading.

Because it is hard to control emotions when you use high leverage. It's hard to remain indifferent to big loss or big gain. You want big gain after big loss and you become impatient, place wrong trades, etc.

 

[FXOpen Trader]

Because it is hard to control emotions when you use high leverage. It's hard to remain indifferent to big loss or big gain. You want big gain after big loss and you become impatient, place wrong trades, etc.

Each trader has emotions while trading in the forex market and he needs to control them because only when we will be able to control our emotions we can trade with profits.

The use of high leverage is not recommended for beginner traders.

 

[Agamatius]

Because you have to buy something here, because you need money here, because it's easy to lose everything here.
But it seems to me that only people who don't understand what the market is and what trading is...

 

[Blackkiller]

Because they can't figure out what's going on in the market and see only chaos here.

 

[sunar14]

Why do people see Forex trading as gambling?

Because leverage gives basically unlimited opportunity to make money but newbies can't release that it comes with risk and chances are considerably lower for those outcomes.