Skip to content
icommerce.asia

icommerce.asia

Making Money Online – Are You a Gambler Or Speculator in Forex Trading?

Zara Nan, September 17, 2024

Do you know the difference between a gambler and a speculator? It’s actually a thin line of difference. One who is known to take a gamble on sports, horse racing, visiting casinos is branded as a gambler. The other type of people one who do some analysis and know what they are doing on forex trading, stocks, property etc is known to be a speculator ok win login. Today I brought this topic up is of course not to test your intelligence, but to alert our forex traders that you are pure speculators and not gamblers!

Often people will mix up gambling with forex trading, true that they may seem like friends, but definitely not the same family. However, they have some similarities, both have the possibility of losing more money and winning more money. They also have uncertainties over the future. The difference here is that gambling does not have a set of data to analyze and you can’t increase your chance of winning, it’s pure luck. For forex trading, you will need to analyze the past history using forex indicators etc, though it does not confirm a sure win. But it will definitely increase the chance of success. I know of many successful forex traders who make a living out of it (I’m one of them), but have you heard of gamblers making a living? I only know that they have to owe a lot of debts in their lives.

Some of the beginners who has just starting to learn forex think that they can make quick and easy profits from the forex market. This is totally not true and forex trading is not gambling. Firstly you must have the right mindset if you decide to embark on the currency trading journey, treating this as your own legal business. Secondly, your trading decisions must not be gut feelings, you do not think or feel whether the price will up or down. Thirdly, you must only be dependent on your forex strategy and forex trading systems, and not luck!

Make use of all the resources you need to become a successful trader, there is no easy way out and you must learn it through experience. I can give you all the forex tips and strategies you want, but you will really need to get tough with the forex market to learn valuable stuffs. But no worries at all, I will be here to give you all the help that you need in this business.

Opinion

Post navigation

Previous post
Next post

Leave a Reply Cancel reply

You must be logged in to post a comment.

Archives

Categories

Recent Posts

  • Jacket With Wool Collar

  • Sport Jackets and Blazers

  • Top 10 Best Phantom Fishing Reel Comparison

  • Members Only Leather Jacket Men

  • Amazon Mens Coats

  • Top 10 Best Fishing Reel Zebco Omega Comparison

  • Winter Denim Jackets Men’s

  • Old West Baby Boots

  • Top 10 Best Shimano Fishing Reels Shimano Stella Comparison

  • First Sport Coat

  • Mens Winter Jacket Best Brands

  • What Does Travel Suit Mean?

  • Top 10 Best Saltwater Spinning Fishing Reel Comparison

  • Leather Sleeved Sweater

  • Top 10 Best Vintage Glass Trivet Comparison

  • Infant Water Shoes Size 3

  • Top 10 Best Sony Bluetooth Stereo Headphones With Microphone Comparison

  • Top 10 Best Trivets Quote Comparison

  • How Do Men Dress Formal?

  • Top 10 Best Fishing Reel Hold Down Mounting Bracket Comparison

  • Mens White Sleeveless Jackets

  • Men Winter Coat Jacket

  • Faux Sherpa Men Bomber Jackets

  • Small Hand Mixer Electric

  • Urban Outfitters Purse

  • Black Sports Jacket

  • Plus Size Denim Jacket for Men

  • Mens Coaches Jacket Black

  • Icelandic Wool Sweater Mens

  • Men Canvas Work Jacket

©2025 icommerce.asia | WordPress Theme by SuperbThemes