There are so many people who think that forex and gambling are the same. In fact, for those who have never done Forex, it is not guaranteed to win, so if you lose, it will be a big loss, so it looks like gambling. However, there is a big difference between FX and pachinko.
Why is forex called gambling?
FX is generally said to have a high gambling nature. The reasons for this are as follows, so we will introduce the information in a list. In fact, many of the predictions are correct. Another reason it is said to be gambling is that there are many aspects that the user cannot control. Even with a large amount of capital, the risk increases as the number of losses increases, and as a result, losses outweigh wins. The key is to manage your money while considering leverage. Investors should use tools to carefully watch price movements. In order to make money while watching the data, it is also necessary to judge when to stop losing.
90% are losing
90% of FX traders lose. If 90% of traders cannot win, then no one can win. Because it is so difficult to win, many people think it is gambling. Even at the top level, only a handful of traders are able to win with currency pairs. Many traders are worried. In conclusion, many people are unable to quit their jobs and make a living.
can’t control the market
Whether it’s the foreign exchange market or the stock market, the market itself cannot be controlled. Since you are fighting in a place that you absolutely cannot manipulate, it just looks like gambling. Even if you look at past market prices, they will not move in that direction. You need to make money by watching the prices while watching the situation of each news item and stabilizing your income and expenditure.
no warranty
No investment is guaranteed. No one will give you your money back if you lose. Therefore, many people think that there is no guarantee and that it is gambling.
Economic indicators and political events
When economic and political events occur, markets can be volatile and costly. For that reason, it is normal that you do not know the image that you can easily win. Now that there is a war going on, the impact of political events is very large.
Difference between FX and Pachinko
So what is the difference between pachinko and FX, which are both considered gambling? For reference, here are some of my personal thoughts. Pachinko is the one with the worst odds and it is difficult to make a profit. In Japan, it is a game of luck. If you are starting a business, FX has the highest expected value. It has less impact than others, and you can win depending on the important method. I compared the contents. If you are aiming to make a profit by spending a lot of money, it goes without saying that it is foreign exchange.
Pachinko can’t win 100%
Forex can increase your odds of winning. However, the reality is that pachinko cannot win 100%. In pachinko, the store can freely manipulate the nails and settings. In other words, you have to fight in a situation where victory or defeat is decided from the beginning. For users, the win rate is 0% from the beginning. The same is true for slots. Forex can increase the winning rate by polishing experience and skills.
Forex is skill and experience
By honing your skills and experience, you can improve and win forex. Beginners can never win 100% in the case of Forex and stocks, but by building up a few years of experience, the number of times they lose gradually decreases. It is different from pachinko where the winning rate is 0% from the beginning. Whether or not you can win at pachinko no matter how much you hone your skills depends on the store. There is no point in accumulating experience points.
where to fight
FX and pachinko are two different battlefields. With FX, you trade after registering with an FX company, but you can trade from your PC or smartphone, so you can trade anywhere. But with pachinko, you can’t trade unless you go to the parlor in the first place. You can’t trade unless the environment is controlled by the parlor. It’s difficult for an individual to make money on these services on their own.
Recommended XM
XM was originally known as an FX company with spreads that were too wide. However, this was the case until recently. Now, an account type called KIWAMI account has been introduced. The spreads are very narrow and very suitable for trading. Therefore, this account type is highly recommended. I especially recommend this account type for those who trade with pounds, as the spreads are extremely narrow. I personally recommend it, so log in and try ordering one product. It is a popular company that is ranked high. You can also trade from the app. Because of the high leverage, you can trade with smaller amounts than if you were to purchase domestically.
| KIWAMI | Standard | Zero | |
| USDJPY | 0.7pips | 1.6pips | 1.1pips |
| EURUSD | 0.7pips | 1.7pips | 1.1pips |
| GBPUSD | 0.7pips | 2.1pips | 1.2pips |
| AUDUSD | 0.9pips | 1.8pips | 1.4pips |
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