Is Forex trading just an “adult’s game”?

I came across this blog post and apparently there are trade training programs out there targeting successful online poker players. The main assumption is that playing poker is all about risk management and money management. You never have the certainty that you have a better hand, but with proper money management and risk management you can decide on the better move to play.

It sure seems like trading is providing similar qualities as gambling: “It's easy to participate, difficult to sustain success. Many just play for the thrills of winning and losing; relatively few systematically learn from experience and build skills over time,” or at least according to Brett Steenbarger.

All of this makes perfect sense when I see the success that eToro, a gambling site for Forex traders, is giving traders the thrill they want and the ability to easily participate in the Forex arena.

The big question I have is while there are so many people trying to make a living from trading, is treating trading as gambling the right approach? What do you think?

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

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