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Forex Trader: “How is trading Forex any Different than Gambling”?

  I saw this question on Reddit recently and thought that was a great question to ask, but the forex trader who asked it was asking a good question in the  wrong way . best broker for forex trading This is the kind of thinking that sends people down the wrong road from the very beginning and gets them lost in maze of trading bots, indicators, endless holy grail strategies all of which which usually results in blown up accounts.   broker forex regulated o let’s refine the question a little and ask it this way: “What is the difference between gambling and trading?” Better, but still too general. The key factor to both trading and gambling is  profitability . Some gamblers lose everything constantly, some make profits occasionally, some tend to break even, and some (very few) make more that they lose. forex trading reviews It’s the same with traders. So Let’s rephrase it again: “What’s the difference between a profitable trader or gambler, and unprofitable trader or gambl