[mattmaroon]

You can win more than 50% of wagers even over fairly large numbers if you're -EV, especially if you're only slightly so and the variance is large. And with tens of millions of people attempting to do this between forex, stocks, futures, etc., it's a virtual certainty that one could find a large number who have.

Again, read Fooled by Randomness.

[volida]

I think it's a combination of factors luck, knowledge, practice, that ultimately their result may be called random.

However my opinion is that Forex is not gambling. In wagers to win big you must either combine different bets with odds that pay as someone predefined. If you combine more, the need for luck increases. If you bet a large amount of money on high paying odds then again you need luck.

In contrary, foreign exchange you just trade the currency according to your prediction. The only way to automatically lose the negative lot is going off your margin. To win big, your prediction doesn't need to go against the odds like a soccer bet for example.

But, I will check out that book. Thanks