Is forex trading similar to gambling?

The common question which pops up in every trader’s mind is that whether Forex is gambling. It is true that the Forex market includes the certain percentage of gambling but this extremely calculative. Even if you are a professional trader and an intermediate trader you cannot decide what the Dollar will do the next minute. There are many methods for you to become the expert in the market and also, in order to study the market. But still, if the experts in the market say that they know the secret behind the Forex market, we tell you not to believe it. If they have found the secret by now, they could have been millionaires. If they knew how to eliminate all the risk and to trade the market they would have been the richest person on earth. You can make yourself the best in trading Forex by understanding and learn the Forex market from dawn to dust but still, the reality it involves inevitable risk.

Continue reading