Forex Market A gambling world? understanding forex market series part 1.

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A Question is arising from everyone who is not much familiar with forex market or he is new to this business. Is this market is a gambling world.? Or is this market is highly advanced form of gambling because the ration of successful and consistent money makers in this market is too low. And most of the peoples loose instead of getting profit out of this market.

Well in order to this question i would like to say that you can say forex market is maybe a gambling and maybe not. Confused.? huh?  Dont worry. I am going to explain it.

 forex trading is real business like other business out there. Forex market is basically works on demand and supply concept . if the demand is high but supply is low then the particular currency's value will go on increasing. and on the other hand if the supply is high but there is not too much demand or demand is low then the currency will go down. its the simple concept that is being applied in local markets of food , clothes , shoes as well. i am going to give you an example. Have you ever thought why the diamond prices are too high. there is some other stones also which are beautiful than this but they are cheap. diamond price is high because its rare on earth and it have more demand than supply so due to this diamond prices are going off the charts. So sticking to the topic of article forex market is gambling for those who havent learnt it well or they are inexperienced. they are not familiar with the movement of forex market and different currency pairs. and most importantly they have not strong hold over their emotions. but on the other hand if someone has learnt the market properly and he have enough experience and he is capable of applying emotional discipline to his trading then he can become a consistent profitable trader and forex market will become real business for him..

Thanks for reading my article.

 



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