Is forex trading the same as gambling?
Asked by Y Last Modified
Follow 1 
Answer 
Forex trading and gambling share elements of risk and uncertainty, but they differ in their underlying principles. Forex trading involves analyzing markets, using strategies, and making informed decisions based on economic factors. Gambling, on the other hand, often relies more on chance or luck. While...
read more Forex trading and gambling share elements of risk and uncertainty, but they differ in their underlying principles. Forex trading involves analyzing markets, using strategies, and making informed decisions based on economic factors. Gambling, on the other hand, often relies more on chance or luck. While both carry risks, forex trading can be approached with a strategic mindset, whereas gambling may involve more randomness. It's crucial to understand the markets and have a plan in forex trading, reducing reliance on luck. read less
0
Comments
if you take trading as a Game it would be a game, if you take this as gambling it will be gambling, if you take as a trading or business it will work it the same manner. its all about your perspective
0
Comments
Balaji T S
Professional with 30 years experience in Well Known Corporates and Top Education Institutes.
Gambling relies purely on luck like horse trading, cards game etc, but forex trading is a combination of understanding technical analysis and FII inflows/ outflows etc which impacts the price of a currency.
0
Comments
View 1 more Answers
Related Questions
20 Are there any free online training course on stock market trading? 
There are no FREE online training course, if you get free course you pay costly while trading with your account. Even if you are paying for tips, training in corporate class room environment you do not...
How does the psychology impact on stock market trading business?
Psychology plays a significant role in stock market trading business. Investor sentiment, fear, and greed can drive market movements. Behavioral biases like loss aversion and herd mentality can influence...
What link should we read every day for stock market tradings?
There isn't a single link that's universally recommended for daily stock market trading. However, you can consider bookmarking financial news websites like Bloomberg, CNBC, Reuters, or The Wall Street...
Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com
Ask a QuestionRelated Lessons
Brilliant Definition Of A Bank
Brilliant Definition Of A Bank A bank is a broker between the middle class and the rich. The only place where the two meet is in a bank. The middle class brings the money, through saving, and the rich...
Nifty Overview
Nifty barely managed to hold above 12000 on Thursday, as concerns over the growth and RBI status quo on policy rates hurt investor sentiment. the index formed a small bearish candle, support at 11950-...
Lagging Indicators, Learning Cards for a Wise Trader
Lagging indicators Lagging indicators are mostly derived using an average of previous price action data. So think of moving averages indicators as you feel about Lagging indicators, for example- Simple...
Intraday Trading - My way of doing it
Who I am Right now is " I am a Greedy person, compulsive trader, proving person, manipulator, Independent, non acceptor, not touch with reality, ready to book losses saying it is normal to book losses-...
Bollinger Bands
Bollinger Bands: A band plotted two standard deviations away from a 21 Day moving average. The Band widens during volatile markets and contract during consolidation Phase. The nearer the prices travel...
Find Stock Market Trading Classes near you
Looking for Stock Market Trading Classes?
Learn from the Best Tutors on UrbanPro
Are you a Tutor or Training Institute?
Join UrbanPro Today to find students near you
