In my experience, forex trading is a lot of gambling with money that doesn’t seem right for an individual – and yet, many people go through these cycles of high risk-high reward.
I know this is a difficult topic for an individual to discuss and understand, especially when all they know about forex is a few years of news stories, and they may have no idea what they’re doing or what are the terms.
That’s why, I have put together this tutorial for everyone in the Forex industry – including you – to quickly understand all the terms, terms in a bit more detail, and finally, a discussion as to whether forex betting should be made by individuals/companies or companies.
Why Forex trading is not gambling
Forex betting will usually be done from personal accounts (this makes forex trading a lot easier and quicker, but it may also introduce some risk), or companies (it may be a risky thing) – but it is still gambling – and not “gambling” in a legal (or moral) sense!
If you’re a gambling addict, you should avoid this area of the market as gambling. There is a difference that this subject is about gambling, and “gaming” (or betting!). There is also a different way of making money, using a digital currency (such as bitcoin).
But even without any digital currency, there is a lot of risk when it comes to forex betting.
For some people, the gamble just doesn’t seem right, and the reward is just not enough – this is a common experience and in any case, some people, as the old saying goes, do worse than that. But what’s the difference?
Why Forex betting should be made by individuals/companies
1) Many things are known, and in fact, many people know a lot about forex – so it becomes easier for them to understand the concept, and understand what they are getting into.
2) A real-world (and legal) business that is run by one person has much more credibility than a one-man start-up, if one is betting on the long-term success of this business.
3) It’s better for the environment as businesses that are legitimate, and run by “one persons”, are able to attract more clients because they are not surrounded by “fraudsters”.
4) In general, a real-world start-up will have
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