fbpx

Is trading a form of gambling?

 In

NO, Traders seek price fluctuations and investors seek a return on investment. Both require a calculated risk that is minimized by knowledge. You are always gambling when you don’t know what you are doing or uneducated, trading emotionally or with a “hot tip”. The Forex market is different because you control the amount you are willing to risk. When you trade not knowing what you are doing, or off a tip, you are gambling. When you trade after you have been educated or mentored by a successful program, or by other successful traders, you are now taking a calculated risk.

Recent Posts
0

Start typing and press Enter to search