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Any correlation between forex trading and betting in terms of analysis?
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[QUOTE="moonchild, post: 333154, member: 57467"] Yeah, because in both we are all looking at the past data to make decision that we hope will benefit us, so they kind of share that similarity, but the distinctive difference among the both is, in betting your past analysis is as random as flipping a coin, it does not affect the results in any way. Whereas in trading, you can basically use past analysis to help you make decision, if price is at major support you can basically be sure in a probabilistic way that it's going to react even if there isn't a reversal, price will definitely react to. that support zone. [/QUOTE]
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Any correlation between forex trading and betting in terms of analysis?
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