Personally, I think it depends on the approach.

Those who approach forex with a get-rich-quick mentality (in most cases) end up gambling, but those who understand the dynamics of the forex market and the risk involved take calculated risks that pay off well in the long run.

This is my humble opinion, What do you think?

edujoy: Personally, I think it depends on the approach.

Those who approach forex with a get-rich-quick mentality (in most cases) end up gambling, but those who understand the dynamics of the forex market and the risk involved take calculated risks that pay off well in the long run.

This is my humble opinion, What do you think?

You are damn right.
But no matter what, FOREX TRADING should be seen from a 'business' angle always.
Just like any other business (offline or online), you need to know the knitty-gritty, pron & cons of the business and factors that affect the business profitability and best of all get familiarised with the 'JARGONS' employed in the business and the greatest of all is be PATIENT as your profit may tarry but it will definitely come if you have the right mindset in any business. ( Ask Mike Adenuga, Dangote and the rest)
Forex trading is a business in plain English.

Comments please....

well,it is a business and a gambling.The choice lies on the hands of a trader. Forex can only be a business when you learn it like any other biz and a gamble when you jump into it hoping to make money over night. I started since 2009.At initial stage,i lost every thing. I then went to special school of forex in Abuja where i spent not less than eight months.from that time till now,am still smiling .for more info reach me via nna4noble@yahoo.com.Feel free, i will not ask 4 any money.

trading financial currencies is a business not just business,a lucrative business indeed. With Binary option you are on the right side, no losing all gaining.

colum: trading financial currencies is a business not just business,a lucrative business indeed. With Binary option you are on the right side, no losing all gaining.

Some folk called me and started preaching binary options, I did a little reading and it seemed like gambling to me. from the little info i gathered, forex is still better and safer for me.

Can anyone shed more light on BO?

WHICH PLATFORM DO YOU TRADE ON? WHICH BROKER?

I use FXOpen for now

To be cadid it is both, a gamble and a business. The truth is this where U belong will determine what it means to U. For me FOREX is not just a business, it a BIG BUSINESS. FOREX is the bigest market in the world, I call it the playgroung of the RICH. Anyway it will be a gamble to those that doesn't know how to analyse the market before entry. Like every other business the is always an opportunity in the market. Knowing how to spot opportunities should form the basis of your analyses, thus you can predict base on fact the direction of the trend. Those who lack the knowhow will either rely on indicators that can lag atimes or guess trade which may not always be right anyway. So where U belong will determine your definition. For me FOREX is a business