Forex trading is gambling to me when you trade using technical analysis but a form of lucrative investment when you trade using fundamental analysis by trading news events coupled with managing your emotions and money.. You are predicting what price is going to do technically in the next sec, minute, hours, days, weeks or months, which is uncertain no matter your analysis..The last time i checked only God can predict the future! So dont ever feel bad when you loose a trade because you are just human!
One thing i know for sure is Life generally is a risk but i know risk can be managed and calculated..For example you have sex with a stranger without protecting yourself using condoms, you are at a bigger risk of contacting STD but with condoms you have a very slight chance of contacting any disease..The condom is the news release which limits your loss significantly and protects you..well i really thank Forex factory administrators for providing fundamental news reports as its the only way i can speculate the market..If you are trading fundamentals, you are not gambling thats why most forex brokers dont like retail traders trading the news release..
One thing i know for sure is Life generally is a risk but i know risk can be managed and calculated..For example you have sex with a stranger without protecting yourself using condoms, you are at a bigger risk of contacting STD but with condoms you have a very slight chance of contacting any disease..The condom is the news release which limits your loss significantly and protects you..well i really thank Forex factory administrators for providing fundamental news reports as its the only way i can speculate the market..If you are trading fundamentals, you are not gambling thats why most forex brokers dont like retail traders trading the news release..