I think Forex is different from gambling and you can not relate it with gambling. In gambling you only can depend on your luck but in Forex luck does not seems to be involved for long time. Yes with luck you can win some trade but not for long term. Hard work is very important in forex and you need to learn it perfectly if you want to be successful in forex trading.
I think Forex is different from gambling and you can not relate it with gambling. In gambling you only can depend on your luck but in Forex luck does not seems to be involved for long time. Yes with luck you can win some trade but not for long term. Hard work is very important in forex and you need to learn it perfectly if you want to be successful in forex trading.
Ignored
That's what I think as well... the attitude makes the difference, gamblers rely only on luck while traders base their decisions on knowledge. Both practices involve uncertain but name me one entrepreneur business that doesn't.
the mait thing that is similar between gambling and trading consists in the fact that you are just a participater of this big bussiness. You are not one of the big companies and rich persons that make market. you just can catch the opportunity to earn something. And the difference is that in trading you have much more chance to atchive success, because forex is logical and it's possible to understand this logic and how it works
{quote} What are similarities between trading with gambling? Uncertainty surrounding a speculative decision by traders/gamblers Quest for profit through speculation A market offered by market makers Speculators are price takers, rather than price makers Demand affects prices Demand is driven by risk/reward factors what is the difference between trading with gambling The "event" is decided in trading by the traders The "event" time span is decided by the traders The "event" result is decided by the traders Money management is more flexible in trading,...
Ignored
Traders can exercise a greater control over their makers or loosers with thier evolving strategies unlike gambling..!
A little bit of luck in trading will not be unnecessary, but you shouldn't rely on it. I think there is the other type of luck in trading... it's even no luck it's the skill to catch the right moment.
I think human brain want to be high on dopamine pathways when you are gambling vice versa..
gamblers don't want to make money, do they? their brains just can't leave those games of chances
there are many beginner traders who deposit their hard earn money with broker and they ask in ff about will they be successful, they try systems they try fundamentals and shiits and they mostly fails and they keep failing...and keep failing.
now this you can exactly fix with gambling aka you can fix with those dopamine pathways in the brain
does dopamine tricks you and drag you into trading instead of gambling?
You got a job say, you are construction worker, u will get 10 dollars per hour...
while doing so your brain's dopamine never release it doesn't happen, its hard work and boring at the end of the day of 10 hours you get 100 bucks
but you r feeling like a robot, I do hard work and only then I got rewarded, reward doesn't come without that hard work! even if they pay you 100 bucks per hour your brain won't release dopamine...
but when you are watching ema 15 crosses 55 and it goes in your favor for a while the dopamine releases..
and just there it goes other way around, and you lose money..
but dopamine has been released..and you are fixed in a casino...
but well, human brain can win that also...it might learn in a long term in trading where it cheats you and you avoid it.. and finally u ties your dopamine and becomes a trader who make money///
am I right?
Intermediate trader.
---------
main source :-
Inserted Video
------
Expect your awareness all is accidental, win or lose, love or hate, life or death..all accidental expect your awareness - Osho
(English of mine is weak, I have never released dopamine when someone praise my English)
