Is Forex Trading Like Gambling? What's the difference between trading FOREX and GAMBLING?
Is Forex Trading Like Gambling? Discover the 3 ways to help you reduce risk and gain more control as a forex trader.
Forex trading versus gambling: With forex trading the Central Bank controls the currency market. Similarly casinos are controlled by its owners and stakeholders. Each has its own reasons for existing and ways it generates revenue.
What’s unique about the currency market, unlike casinos, is how predictable trade setups occur. “Wins” at casinos are often based on probability, that is unless you’re an avid card reader.
What makes forex easy, is the fact that you can darn near set your clock to watch for specific trade setups to occur.
I haven’t gambled at a casino, but I bet you couldn’t walk into one at midnight as say “hey, it’s time for me to profit on this hand!” If you insist, their security team might escort you outta there fast!
Forex trading is good and profitable when fully understood using a solid plan and traded using stop losses.
Because I’m unfamiliar with technical analysis for casinos, I can’t speak to its legitimacy however I do know that forex trading is real and can provide the consistent results you’re looking for.
If you’re considering learning how to trade the Foreign Exchange market and are looking for a way to create autonomy in your life, please visit: https://forex-consulting.com for more information.
— Free training: https://forex-consulting.com/free-guide
— The New Trading For A Living Book on Amazon: https://forex-consulting.com/elder
— My preferred FX Trading Platform: https://forex-consulting.com/fxchoice
** Please note that I may receive a small fee for promoting the tools above.
** Always use a demo account when practicing strategies recommended by https://forex-consulting.com