He or she, who is known to 
gamble on horses, or dogs, 
or other sporting events etc., 
is often branded a persona 
non grata in certain circles.

However, if a person 
speculates on buying and 
selling securities, foreign 
currency, or property, their 
classification would point to 
a persona grata.

Both cases are of course a 
form of gambling dressed in 
different clothing. In both cases, there is a possibility of risk loss or
the possibility of bigger gain. The need to arrive at an opinion
without having positive evidence to back it up is equally there.
So is the problem that complete facts are hardly ever disclosed,
to enable the finding of a certainty.

In spite of these hurdles, in the case of property and foreign
currency buying or selling, the chances of getting it right are
better as opposed to finding the outcome of a horse or a dog
race, or a football game. Getting involved is also less of a
worry, because even if you get it wrong, you still have that
house or that other currency you bought. The result is over only
when you say, since these investments can eventually regain
value, and actually show a profit. Backing losers in racing and
other forms of gambling can mean that for the serious or
occasional gambler, the money is dead and buried. 

Of course, some gamblers attach a lot of importance to the
thrill effect of their bets. There is no doubt that betting on
sport events, cards, or many casino games can be thrilling, but
so is the constant movement of the value of currencies. That
wheel goes round and round non stop, but you can get on and off
whenever you like. There are many foreign currency exchange
companies ready to let you operate, offering very good rates. 

Never think of a bookmaker as an enemy whom you have to beat,
your selection may be the one he also wants to win. Also,
remember your foreign currency exchange office as a friend that
makes it possible for you to play at good currency rates. You
are putting your wits against a market that has no financial
interest in your winnings or losses. 

A realtor has equally no interest to see you lose any money. On
the contrary, he likes you to be happy with the purchase of your
property. Even if the prices should go against you, he knows
that in due course things will change.

A speculator in the foreign currency game increases the chances
of success by keeping in touch with as much relevant data as
possible, which means that there is never a dull moment. The
same applies to a property speculator. By having to constantly
study the market and world affairs, the person becomes
necessarily rather well read and interesting to talk to. Amongst
other things, that gambler is a persona grata.

These days, more and more gamblers turn to the forex game. It
keeps them amused as well as thrilled. Instead of a horse or a
tennis star etc., they are the actual performer. There is little
doubt that the well prepared person has the chance to prevail.
The currency market is not a geared slot machine. It has
inexhaustible money to hand out if you get things right, and
does not care if you keep winning, should you be clever enough.

Who knows, you might be champion material.