30% trading is gambling.

[downtrend]

Yes its true and this is the reason why we have so many losers in the forex market. If traders start trading with proper money management then they can surely become winners and start making money from trading.

 

[iMusingKiMi]

I believe it is not 30% but 100%. But the important point is smart with system gambling or gambling purely by luck. Nothing in your life is not gambling.

 

[downtrend]

I believe it is not 30% but 100%. But the important point is smart with system gambling or gambling purely by luck. Nothing in your life is not gambling.

I agree that the percentage is very high but this percentage decreases with the passage of time as the knowledge and experience of a trader increases.

 

[carnelian]

Majority of losing traders do trading in gambling style, this is why the rate of gambling in forex is very high. If you trade with proper money management then you can progress in forex market. But having a gambling mentality its not possible to become a consistent profit generator.

 

[EURUSD]

Majority of losing traders do trading in gambling style, this is why the rate of gambling in forex is very high. If you trade with proper money management then you can progress in forex market. But having a gambling mentality its not possible to become a consistent profit generator.

Maybe yes, but I think not all trader will treat forex as gambling, still many trader using risk management and money management properly, but sometime lack discipline also as reason why any trader they violating rules trading

 

[dominica]

i think in someway it gambling .

 

[EURUSD]

I like to said if forex is not gambling, but this is included as speculative investment, which we need learn how to identity the trend and also keep trade with risk management to prevent from mistake in analysis

 

[downtrend]

i think in someway it gambling .

You can say that but there are great traders that are making good amount of money by using specific methods which otherwise won't work if it would be a total gambling market.

 

[Froso@FXNET]

Before put any order trader has to see market , analyze it well and see his capital how much he can use in trading. Much amount using in trading becomes dangerous as market moves. He should take proper risk ,higher risks tend to higher losses

 

[downtrend]

Before put any order trader has to see market , analyze it well and see his capital how much he can use in trading. Much amount using in trading becomes dangerous as market moves. He should take proper risk ,higher risks tend to higher losses

When a newbie trader losses a good part of his account capital he tries to get back his money from the market by using high lots and that is the point where he loses his rest of the investment as well.