30% trading is gambling.

Madalyn

Private, 1st Class
Messages
68
If you ask about volatility, then yes it is inherent to all trading pairs even to majors. You can't avoid volatility in trading but basically it makes the business of speculation profitable. Flat markets would yield very low returns. But the problem is that volatility is hard to describe because on short timeframes it is basically a random factor.
Thanks
 

fxoday

Corporal
Messages
79
In my view forex is speculative trading, but this is not gambling, is speculative investment needs research to analyze the market if likely investor look high probability to gain, they will act, but if likely will giving loss, they will stay away from the market
 

Etedus12

Sergeant
Messages
146
I can't agree. Gambling is a game, where your chance to win is set before you start. Even if you are very good casino player, you will never increase your profit, as it's random. Trading is all about your skills and analyrical predictions. Of course, there may be black swan like 9/11 that cannot be predicted. But cryses like 2008 or great depression, but it's not about random.
 

fxoday

Corporal
Messages
79
There are some professional trader that able make great earning from forex is one proof if forex is not gambling, but this is need experience and also skill to making a profit, if any trader comes to forex want to gamble, with open trades depending lucky hence will never become the winner in this field
 

Etedus12

Sergeant
Messages
146
Trading includes some luck, but I can't name it gambling. Trading absolutely depends on your skills and your ability to analyze the market. It becomes gambling only if you don't have enough knowledge and information. So to avoid this, just develop your skills i think :)
 
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