Is Forex Gambling?

The most curious question about Forex is "Is Forex gambling?". In this article, we have covered the answer to the question.

Is It Gambling or Not? First of all, as the answer to this question; no, forex is not gambling. But with one condition, if you are not going to play forex like gambling, forex is not gambling. Before going into the details of this, let's briefly look at the definition of gambling. Gambling: A game based on chance played for financial gain. Forex is defined as follows; "Investing in a leveraged manner in relation to the values ​​of international currencies against each other, investing for profit by buying one currency and selling another." Forex is perceived as gambling because it is often a leverage concept. The leverage determined as 1/10 by the CMB (Capital Markets Board) in Turkey allows you to open a transaction of 100 thousand dollars with your 10 thousand dollars. For example; the investor goes to the forex broker, puts $ 20,000, then gets 1 lot eur-usd. After 2 hours, his money is $ 25,000. He says okay, I found the way to be rich .. Then he opens a 5-lot position, he is not always going to win, he loses in this transaction. When he tells his story to his friends, he tells it as gambling, and such a perception emerges in people. This is wrong. Forex is not a gambling, forex is an investment tool. It gives you the chance to open a 1-lot trade with your $ 1000, but if you are trading in a low target / stop range, not 1, not even 0.5, you should open a trade with 0.2 - 0.3 lot, adjust your investments to earn 100 positions, not 1 or 2. It is worth noting that; pairs, commodities, do not act randomly. Any market whisper spoken in the market at that moment, any explanation, a large buy order, an important economic data announcement, stimulate the market. Prices take shape accordingly. If you reach this information, monitor the markets, analyze, direct your investment accordingly, and if you cannot do all of this work alone and get support from a professional support platform, forex can become one of the most accurate investment tools for you. In short, let it be your goal to make stable gains in the long run. Look at our signals one by one in the long term, instead of increasing the transactions to double the trading volume immediately by being affected by the good days, or to make money in the bad days, do your transactions slowly, by risking smaller numbers.     What is written above does not fall within the scope of investment consultancy.