Posts Tagged ‘forex trading’

This is my first post in this blog. And this is why I would like to explain some basic things about Forex and gambling.

Forex is “foreign exchange”- trading the world’s currencies- this is the largest financial market with over three trillion Dollars traded every day. Sounds good, isn’t it?

People usually invest their money in real-estate, stocks, bonds- in anticipation for the highest yields.

Forex trading is perceived by many to some kind of wise investment as well.

But the truth is, as I see it, that Forex trading is not different than any other gambling game- like Roulette, Poker, Black Jack  or any other game that involves money “investment” and luck.

Am I comparing the Forex market to Casino? so my answer is YES I DO!

But don’t get me wrong- I don’t think there is something wrong with gambling or with Forex trading. on the contrary- I think it is much more fun this way.

If you will search Forex gambling in Google you will find a lot of articles talking about why Forex is not gambling, giving a lot of good reasons and trying to convince the convinced. Cause who is reading those articles? Somebody that is already in the Forex market and thinks it is a wise investment that involves thinking and learning. But I think it is all about LUCK.

So what can I possibly post in this blog? who will read it? the truth is that I don’t know yet. But as there are a lot of blogs writing on topics like “regular” gambling I’m sure I’ll have enough topics to keep you entertained 🙂

Hope you will all follow my posts- and even giving me new ideas to write about…