Speculator VS Gambler

When we look at first glance, maybe there's no many differeces between a speculator and a gambler. Their activity in the market may causes a heart attack for several traders.

Mostly, they trade with all of their capital in trading account, which we know as "ALL IN" if we play Poker . They can get big profit in a short time, and of course they can lose huge amounts of money in a short time too.

But I think in the Forex trading world, there are some differences that we can see from a speculator and a gambler

Speculator:
Making a decisions based on analysis
Have experience in analyzing market
Think with a lot of consideration before risking all the money
Dare to trade if the winning possibility is around 80% or higher

Gamblers:
Mostly only depends on luck
usually occurs because of despair
the possibility of winning and losing are 50:50

Of the exposure, we can see a clear difference between speculators and gamblers. In Forex, it is not wrong if we trade with a high risk, but try to be a speculator, not a gambler. Because we are in a serious business, and a gambler is not suit for this business.
Then, when these type is not you, where you prefer trading with low risk, then stay away and do not let these two characters exist in you.

I hope this thread can be useful for MT5 members and once again, my message for the trader who love high risk trading, be a speculator, not a gambler

Yes for this reason speculator will win & gambler will never win. A gambler start forex without study & without experience. Due to this reason when he make trade he will find only loss from his trade. But a speculator so forex step by step. As a result he will win from forex.

is main gambling karty hain magr mujy nai maloom hay humain to is main trade hi karna hoti hay agr hum is main agr success hasil karna chahty hain to hard work kar kay achy say kam karna ho ga jis ki help say humain market main achi earning hasil ho sakti hay magr low risk main kam karna ho ga ta kay trade ko use karna kafi best ho sakay