Is Forex Trading just like gambling money?

[Ben Kempton]

Forex trading refers to the idea of trading in currencies. This may also mean buying currencies at a much lower rate and then selling those assets (currencies) in order to make some profits. However, since the Forex market is unstable, many people have started to equate it with gambling. Do you think that this is really the case? Why Forex trading is actually far much similar or different from gambling in a casino?

 

[Btaliat]

There is much difference between the two. While forex will involve you to go through some special analyses before you can make money, you depend solely on luck to make money when you decide to gamble.

 

[swift]

Forex trading is very different from gambling , although I don't see any kind of big similarities between the two , with forex trading ,you could actually embark on using strategies to earn with your trades

 

[cherry123]

Gambling isn't same as forex trading. They are not similar to me with the strategy adopted, one is more about luck which is gambling but forex trading is more about tactical analysis and it is morr sustainable than gambling which is more risky.

 

[swift]

Gambling isn't same as forex trading. They are not similar to me with the strategy adopted, one is more about luck which is gambling but forex trading is more about tactical analysis and it is morr sustainable than gambling which is more risky.

They aren't the same thing ,the thing is that gambling is truly based on luck ,I think without luck ,it would be so impossible for many to even make from it ,it's more focused on luck and nothing other than that