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Trading in Forex
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Question posted: 06 03 2008 02:53:01 +0000,
1 answers, 129 views, last activity
07 06 2010 20:18:08 +0000
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1 Answers for "Is trading a form of gambling? What do you say?"
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All forms of trading and investment can be construed as a form of gambling, although neither are the same as playing the lottery, roulette or betting. Traders seek price fluctuations and investors seek return on investment. Both require a calculated risk that is minimized by knowledge. You are always gambling when you don't know what you are uneducated, trading emotionally or with a " hot tip".
Calculated risks are taken in all investments. People risk huge sums of money and not every one succeeds. Even when there is a track record of success as in many franchises there is still no guarantee. Their investment becomes a calculated risk.
The FOREX market is no different. When you trade not knowing what you are doing, or off a tip, you are gambling. When you trade after you have been educated or mentored by a successful program, or by other successful traders, you are now taking a calculated risk.
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