Trading on the forex market, which has a global structure, is carried out rapidly over the internet. Unlike the stock exchange, the real – time price fluctuations are realized immediately. This situation causes the forex to be perceived as a claim game. If you try to trade with such a thought in the forex market, it is extremely normal to lose. If you are trading to create the right position in the stock market, do not follow the same path in the forex market. The difference is that the forex trading is faster because of the bigger size of the forklift compared to the stock market.
Now let’s take a look at the basic information that will allow you to better understand whether forex is a game or a place to trade:
Is Forex a Game?
Forex is a market where trades are traded like the stock market. It is extremely misleading to think of it as a game. The fact that it is not the same as the others because of being the biggest market of the world causes this occurrence. In contrast, the forex market is managed from around the world and therefore has a much larger transaction volume than other markets.
The fact that a physical transaction is not the case also may cause forex to be perceived as a game. If you need to think here is shudder; It is not necessary for an investment vehicle to be physically present at your disposal to profit from it. Because of the changes in the price of this investment tool, you profit. At the same time, the investment instrument that is physically present in your hands can lose value depending on many of the gestures. It may lose, become corrupted, wear out and lose valuable properties. For this reason, when you say snow, you can do harm.
It is also known as a gamble when dealing with transactional characteristics. A feature that provides high profits, such as a leverage system, can create a gambling sensation. In fact, most of the problems experienced in forex are caused by the fact that the leverage system is not perceived correctly. In Turkey, the leverage system, which is limited to 1 to 100 ratios, allows you to increase your profits up to 100 times. But in order to do this correctly you need to have some talent. Also, using a high leverage ratio with the monetization ambition may cause you to lose. With the luck factor in the gambling, you should remember that forex can do the right things after actions like good analysis process, market watch, interpretation of price movements. We have already mentioned to you how effective the luck factor is in Forex market.
Why Forex is Not a Game?
By talking about the trading logic of the Forex market briefly, we can explain why it is not a game: Forex; Is the market in which the currency of one country is traded against the currency of another country and the profit of the difference between the two prices is made. “Click here” for a clear description of the Forex market. Foreign exchange, commodities, world famous stocks and stock market indices are traded on the Forex market. The changes in the prices of these investment instruments can be predicted accurately by analysis and market comments. In this forecast frame, you perform your buying and selling transactions.
When you look at the trading performance of the Forex market, we can see from the stock market that it is not different at all. Because in the stock market you follow this path exactly; A stock is taken from the low price and when it is valued, it is sold by selling and it is profit from the selling price difference. The point that is different from the stock market is the market structure. When you look at these differences, you will see that both are actually an invested market.
The fact that correct positions can be created by performing actions such as analyzes and market follow-ups also removes the forex market from a game logic. For example, when playing Black Jack, it is forbidden to count paper to analyze the situation. Without analyzing the market, Forex does not know which direction the investment vehicle will advance and naturally you can not get the right position. Analyze price graphs with technical analysis tools and make trends in the right direction. You will also make a profit when your expectations are fulfilled. On the other hand, your job depends entirely on luck. In short, the forex market is not lucky; Dependent. For this reason, it is not a game.
Trading on the Forex market means getting out of the game. You can think of transactions as a market. Because you have the right to buy and sell a commodity or currency with your money. For example; If you buy 1 kg tomatoes from the market for 3 pounds and sell them to another person 4 pounds you will profit. You do this on the Forex market. This is a game, not a game. Investment tools you buy and sell on the Forex market; Foreign exchange, commodities, world famous stocks and giant stock market indices. The richest market in terms of currency diversity is forex. Because it is global and foreign currencies of almost every country in the world are traded. Regarding commodities, there is also a considerable variety of forex market. In daily life, many commodities are bought and sold on forex, from the goods that are frequently confronted to the indispensable products of the company.
The need to be a planned and disciplined investor also removes the forex market from the game logic. For a successful investment, you need a good fiction for forex. You should anticipate the price movements of the investment vehicle you are interested in and perform your transactions in a planned manner to reach the profit target you expect. You should proceed to that direction by setting a target rather than an instant action. You need a solid strategy that will take you confidently to the goal you want to achieve. This is much more than a game strategy.
What are the Benefits of Investing in Forex?
Investing in forex, which has a different structure than other markets, also has some benefits. Because it is a global market, the forex market is open to investment transactions 24 hours a day, 5 days a week. Because transactions are carried out over the internet, you can invest at any time and place. When this situation is compared with the trading hours of the stock exchange, forex seems to be a much more advantageous place. With the trading platforms on which you can download your smartphones, you can do your buying and selling as long as you have an internet connection.
We can say that the trading features of the Forex market make it a more advantageous place than other markets. The features you do not have in other markets are forex, so investing is more beneficial. You can evaluate your savings under much more advantageous conditions, and you can make a good profit in the short run. Not only are investment tools rising, but you can also make profits when you fall. Thanks to its bidirectional trading function, you can trade in sales and make money with a lost investment tool. To do this, you simply need to press the sales agent for your investment instrument from your trading platform.
The leverage ratios we mentioned at the beginning of the article are the most distinctive feature that distinguishes forex from the others. In the short term, you are able to make transactions that will earn much higher profits. However, if you can not use it correctly, you can also get a great loss. You have to do the logic of leveraged buy-sell transactions with a well-defined and robust psychology. You will also increase your chances of making a mistake with high yielding enthusiasm. For this reason, you need to train yourself psychologically to use the leverage system correctly. With a well-designed strategy you have to move in a calm manner and avoid the ambition to make money.
You need to get some training before you start trading Forex. It is possible to get these trainings free of charge from forex companies. Thanks to the brokerage training provided in a set, you can quickly recognize the forex market and make profitable transactions. With demo accounts, you can also understand the trading logic of the forex market, see if it is not a game, and decide how you need to follow a way to earn money. You should definitely use a demo account to learn about the operation of the market and the investments made without taking risks. Already the use of demo accounts in our country has been compulsory by the Capital Markets Board.
We advise you to do some research to see that investing in Forex is more advantageous than other markets. You have to learn how to evaluate your savings and understand the rationale of the transactions and discover the advantages of the other markets. Using demo accounts, you can learn how to do transactions on the forex market without risk. At the same time you can also use demo accounts to see if forex is a good place for you. With close to $ 10 trillion daily trading volume in Forex, you can evaluate your savings in the shortest safe and profitable way. But for that you should never forget that you first define the market well and you have to have a certain experiment.