A friend of my started learning Forex trade for the past 2 years and I can say, he is making lots of cash eventhough I can't tell if he had any losses in the past.
I recently ventured into Forex trading because of my friends success in the Forex world not knowing that I was in for a shock.
I lost $100 the week I started my trade which led me to call my friend and ask him how he does it and also how I can recover my cash, but to my surprise he said I can never recover the money I lost in the trade which made me to realize that Forex is another gambling business.
Forex is not gambling with specific reasons, is all about selling and buying of currencies but with strict predictions, you have to understand what forex is all about . It can make one rich and also make one poor , it also similar to gambling in some ways .Forex is not the same as gambling because the true meaning of forex os buying and selling of currencies so before you buy a certain currency you will have to use your strategy to confirm whether to buy the currency so you cannot just go and buy a currency like that moreover if you don't use your strategy to confirm whether to buy a currency no doubt about it that is gambling but forex is not like that so its not gambling