A lot of people often make the claim that there is no difference between forex trading and gambling. While there are some similarities between the two, there are also some important differences.
Forex trading is considered a form of investment, while gambling is considered a form of entertainment. In forex trading, you can make money by predicting the direction of the market, while in gambling, you are relying on chance to win money. Forex trading also requires a lot of research and knowledge, while gambling is mostly based on luck. So, while it’s true that forex trading does involve risk, it is not the same as gambling which has greater risks.
Forex trading is considered a form of investment, while gambling is considered a form of entertainment. In forex trading, you can make money by predicting the direction of the market, while in gambling, you are relying on chance to win money. Forex trading also requires a lot of research and knowledge, while gambling is mostly based on luck. So, while it’s true that forex trading does involve risk, it is not the same as gambling which has greater risks.