Is forex resembling to gambling?

[Andy Jones]

Forex market is dramatically becoming more volatile and uncertain due to frequent changes in the exchange rate and global economy. So many outsiders are actively quoting or seeing this market as a gambling place. Obviously, forex trading is not gambling but a trader will require a proper knowledge and skills to become successful here. Without proper understanding forex trading can be resemble to you as a gambling because you will never know when you will make profit or when you will face lose.

[Sininfinity]

Some people keep the notion that forex is similar to gambling. There was a time when it angered me. But now I came to agreement with myself that it does not matter what others think of the market. It does not affect the market. So let them think whatever they want to.

[Ifeanyichukwu]

Forex is not gambling. It takes somebody with sophisticated knowledge about finance, governments (of countries), economies (of countries) and so forth, to be able to succeed in the industry.

[Sininfinity]

Forex is not gambling. It takes somebody with sophisticated knowledge about finance, governments (of countries), economies (of countries) and so forth, to be able to succeed in the industry.

Well one does not have to posses that much of knowledge. Developing a good trading plan which can bring positive pips is enough. And from there on people can make a decent living.

[Jesica]

Thanks for sharing the valuable information, Now Got It.

[astorecenter]

these days many forex companies calling me :) I dunno why