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Thread: forex gamblers and forex traders

  1. #2091
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    i think forex gamblers are the person who does not analyse the market dont use any trading system , dont use any strategy to trade.they depend on luck for the success . but forex traders analyses the market properly and then only enter in the market

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    for those who do forex trading only on a guess that they estimated it would only make them dispose of capital already in use, certainly in forex trading we want to get not discard. should not make trading as gambling.

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    Gambler is that person who want to make huge money in little time without without sufficient knowledges about Forex. This type person may can make money or not. There is no guarantee of that. But a trader is he who learn about Forex properly and apply his knowledges in this market for trading naturally and continuously. He can earn money From consistently but not so big every time. So if we want to exist in this market then we have to leave the characteristics of a gambler.

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    Players always want to make a lot of money and therefore always risk the whole deposit. Traders risk much less and are more involved in analyzing the market in order to reduce risks and increase stability, while profits increase due to more capital or investors. For a trader, 10% profit is very good for a player. This is not enough and he wants 100% profit per month.

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    The issue of luck in Forex trading is not working at all in fact it is a complete a mirage it is not real at all if you think that you are lucky and you are trading Forex the truth of the matter is that you are not trading Forex you are only gambling in Forex trading and as we all know Forex trading is not for gambling.

  7. #2096
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    i think gambler will loss more money in the forex or they have earn big profit in the forex market. but if we are forex trader then we earn very small amount and we have chance to loss only few bucks. so think this market as a trader if you want to make here some big profit.

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    Forex trading business requires that the trader is well furnished with good knowledge and experience of trading, and without this to have a good success may be difficult, when we failed to have trading plan, knowledge and skills of trading with discipline in trading , it may be tantamount to gambling, and the trading would be somehow stressful for trader.

  9. #2098
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    On major difference between a gambler and a trader in Forex trading is that a gambler has no future in Forex trading but a serious minded trader do have a future in Forex trading that is the straight forward truth so if you come into Forex trading for gambling the truth of he matter is that you will only loose money on trading and not make any money. I don't know how but Forex trading is not like casino and the market just have a way to punish gamblers it is what i have learnt over the years.

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    Forex gamblers can become good traders and traders can become gamblers as it all depends on how one think about his mode of trading. Remember positive thinking always lead us towards positive results while thinking like a gambler will surely lead us towards only loses in the end. Therefore we must clear the difference between the too.

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    There are a lot of players on the market and everyone plays and gets some profit. Good traders never play and always earn gradually better to think a few times before opening a deal. No need to hurry, and you need to study the market in order to consistently earn and not lose a lot. The excitement and fame of the winner is important to the players, and the rest is not important to them.

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