
Do traders and gamblers meet in Forex?
There are a lot of people out there that consider retail Forex trading as a casino packaged up as financial trading and those people more often than not are gamblers. For the typical gambler it is perfect, they can control their risk and project the image of being a trader, which has much less of a stigma attached than being an outright casino going, poker playing gambler. These people usually place trades that far exceed their means using massive leverage and lose all their money in most cases but sometimes win big and they feel and embrace the thrill of the market.
Now, trading is definitely not gambling even though it can be used for gambling by gamblers. There are professional traders out there that consistently profit from trading, manage the money of others, make respectable money