Is Forex a gambling?

[Jessie]

While forex trading and gambling games like roulette or lotteries both involve risk, they differ fundamentally. Forex trading requires skill, analysis, and strategy to manage risks and make informed decisions, whereas gambling is largely based on chance. Effective forex trading involves understanding market trends, using technical and fundamental analysis, and applying risk management techniques. Although both involve uncertainty, skilled forex traders aim to reduce losses and enhance profits through disciplined strategies, unlike gambling where outcomes are predominantly random.

 

[Gracekb]

For me, Forex trading is kinda of gambling. Well, unless you master the trading skill.

 

[FXO_trader]

For me, Forex trading is kinda of gambling. Well, unless you master the trading skill.

In gambling you need to know only one strategy according to its rules, to successfully trade on Forex you need to study everything from A to Z. Many traders drain their deposits because gambling means that in the market you need to behave responsibly to perform your actions.