Is Forex Gambling. Taking any risky action in the hope that the results will be desirable. Gambling can be described as any of the following: Games of chance that are played for money.
The rewards could be huge, but you've not managed your money well. So is Forex trading gambling, or is it legitimately a place where you can consistently earn an income from? There has been an explosion in interest in forex trading since the advent of the retail Forex market, which opened up after the internet was born.
To understand whether or not Forex trading really is gambling or not, we need to understand the definition of gambling.
The only thing trading has in common with gambling is that it is essentially a game of probability.
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When trading Forex, there are a lot of traders who approach this full-fledged business as if it were a gamble, and of course, this does not bode well. Poker isn't, because just like with trading, you can get an edge. Surely, a person who has won that much would never consider Forex as just gambling.