Why does forex have a bad rep? | Currency Futures


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Why does forex have a bad rep?

  #12 (permalink)

hong kong
 
 
Posts: 1 since Jul 2015
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SurtiTrader View Post
Forex is not gambling. It is like earning money by investing money. If an individual has proper amount of knowledge about Forex and its Market you can earn profits.


For sure i know many traders who treat trading as gambling, i know others who treat it as investing. The gamblers treat it like a casino, topping up their trading pots from other sources. Most investors in the beginning blow a few pots until they learn how to trade and spot high probability trades and respect bank management percentages. Some learn quicker than others, usually takes about 3 years to get consistently profitable from what ive seen.

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