Страници

Wednesday 30 August 2017

Forex vs Gambling. Is there a difference? (1)

Why are you trading? Let me guess: because you want to make bags of money and you can buy everything you want?
This is a very good reason, but it will most likely lead to extreme greed and will destroy your account. Instead, you can bet your money in Vegas: losing money, at least with fun.
You have to remember that what distinguishes forex trading from gambling is the ability to tilt the balance in your favor.
Casinos are always profitable, although it is a business where the outcome of any card played, a dice or spin slot is unknown. They understand the concept of probabilities and make games that tilt the scales in their favor. It is true that there are lucky ones who leave with a huge amount of money, but the casino is done so that at the end of the day there are more loosers than winners.

No comments:

Post a Comment