Notes to avoid making FX a gamble [FX Demon]
People who have never traded FX or who hold a negative impression of FX tend to view FX as nothing more than gambling. On the other hand, those who have sincerely engaged in FX for many years dislike being lumped together with gambling, and they insist that FX is a properly regulated investment approved by the government. So, what do you all think?
This may seem like a trivial point, but conflating FX with gambling is actually very dangerous. My stance on FX is that, depending on how you trade, it can be gambling or it can be investment—it's all up to the trader.
Furthermore, if you can calmly practice according to trading rules based on verification, FX can become a “business.” In this article, I will explain points to watch to avoid turning FX into gambling.
Table of Contents
1. What is the definition of gambling
2. If there is no room for effort and everything is left to luck, that is gambling
3. People who turn FX into gambling
4. Earning with FX is the same as earning in a job
5. Professional gamblers do not gamble
6. How not to turn FX into gambling
● Character count: 3746 characters (including headings)
● Images: 1
※This article is a re-edited version of an article from FX攻略.com, May 2015 issue
