Thread: Are you a gambler or a forex trader?

Actually I am a new at forex trading. I think for any trade it will be better to know the right path so that you can invest properly to correct way. For this reason it will help you on the long run.

Most forex traders are speculators, that means one kind of gambling as the decision is made without doing enough analysis of the forex market. Anyway, I am a forex speculator and always like to make informed decision.

A gambler are trader thats trade without using any analysis, he make an order and hope he will be lucky to generate profit from order thats he make in thats market. A real trader will make a deep analysis first before he entry forex market, he can use either fundamental or technical analysis.

Currently I am a gambler, my knowledge and experience don't let me be a reals Forex trader. But I am trying and day by day I get better and understand how things are working.

I'm a forex trader and don't go as risky because gambling is extremely risky, and normally it is you who loses out if your gambling which is not my goal.

Gambler and forex trader are very different from each other. Gambler may be a forex trader but forex trader is not a gambler.

Originally Posted by Harish Chandra

Gambler and forex trader are very different from each other. Gambler may be a forex trader but forex trader is not a gambler.

Sadly, as with your other reply I don't get this one too. You are wrong and actually while some people may or may not do it, their are people who trade forex trading as their own personal gambling market. This makes things a lot harder for them, but it does still exist.