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    Thread: Forex is like game of Chess? (Part 8)

    1. #141
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      Forex does not looks like game of Chess. Forex looks like a business. If you do this business with proper analysis and if you do lot of hard work in this market then you will be success. But if you always try to make money with shortcut method then you will loss more money. Because shortcut method means using like a game.


    2. #142
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      It is difficult to imagine forex as chess. In Forex, there can only be two results to your trade, either win or loss, and you can't change what's going to happen. But in chess, each of your move can result in multiple variations to the end result.


    3. #143
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      Well I am not part of those who always think about the forex market as a game because I look at it like a business ad I trade it line one so that I will not waste my money.


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      Default Forex is like game of chess

      Yes i think so forex is like a game of chess, in chess game we thing many step and make strategy to win the game similarly in forex we should think before taking position in market and we have to our own plan to earn profit in forex.


    5. #145
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      I don't know how to play chess so I really don't know how it works, but comparing forex to a game is not a good idea, forex trading is not a game and it's never going to be a game. Forex market suppose to Be handle like a business and until we do so it there is no way we can be successful


    6. #146
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      absolutely right , because it needs to be aware and updated about every little detail at once , what makes it not that easy at all . making you technical analyses then combining it with the fundamental one . would make it a little complicated operation . which need to be a real patient in order to make both the progress and the necessary experience to be a better trader every time .


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      First of all that Forex is not a game it's a business. It's call Forex trading business. But yes if we take about a chess game, in that case, we need a huge amount of knowledge to gain that game. In forex trade marketing business we need a huge amount of knowledge to become the success in Forex trading business.


    8. #148
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      Actually it has some thing like that but is not a game, forex is a business of its own kind? It only take diligent learning before you can master it, we do experience such pattern in other business but the different between forex market and other business is because forex can be traded online!! Make your winning trade more than your loss trade


    9. #149
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      I think forex is different than chess. In chess you are only dealing with 1 opponent and that opponent is only 1 person.
      In forex trading you can choose side between buyer and seller and can switch side anytime depending on your analysis.
      Also, forex market is dynamic but chess is not as dynamic as forex because forex has millions of trader around the world trading at the same time with you.


    10. #150
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      Forex is different than forex.
      In forex the price is moving every second. No one can move their chess piece every second.
      There are fast chess players but only a small number of chess player can do this.


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