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Ask Your Advocate: Is Trading Gambling?

Ask Your Advocate: Is Trading Gambling?

6 Years ago | March 11, 2014 00:00:00

Question for the Advocate:

Is there a difference between forex trading and gambling? I find myself gambling as much as trading.

Your Advocate Says:

This is a good question as it can make the difference between failing and having a chance to succeed. Compare a professional gambler who plays the odds with a casual gambler who hopes to make money if he gets lucky and measure the results. Similarly, there is a difference between a professional trader who relies on a systematic approach, discipline

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