Can you say forex is gambling? - page 9

Nguyen Phuong Hoang
835
It's gambling if you can not earn profits haha
Waseem Raza
9975
Waseem Raza  

It's become gambling when you dreams quick money , using much margin or leverage

for instance if you use  1:20 leverage against 1:500     your results will be completely different

VikMorroHun
32
VikMorroHun  
Nguyen Phuong Hoang #:
It's gambling if you can not earn profits haha

It's gambling if you don't know what you are doing AND your strategy is based (mostly) on luck.

LuckyMac
32
LuckyMac  
Definitely not gambling if youre doing it correctly. You need to be able to have a defined set of rules including risk management to say that it is a viable strategy. If youre closing your eyes and pressing buy and sell then youre gambling
[Deleted]  
No, Forex is not gambling.
trading is nothing like gambling
Gambling is by luck, but Forex involves learning how to trade and statistics.
Toshi Tiwari
49
Toshi Tiwari  
mtuppers #:

gambling is when you play is uncertain, there are a lot of system that might be right for you, trader are saying trend is your friend, therefore, go with the trend, any time frame has trend, go along with it.

I totally agree with you.
Ramtin Re.
62
Ramtin Re.  
It depends on you.
Satyam Shivam
23970
Satyam Shivam  
Less knowledge about the trade can be considered as a a gambling