I do not trade forex, I never took interest in forex trading. It looks to me like gambling. I an interested in stock trading but I have not attempted on stock trading for the lack of funds.
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Apart from the liquidity and volatility as observed above I prefer forex to stock because of forex near predictability unlike stock trading.Your decision whether to trade forex or leverage stocks should be focused on the commodity, currencies or shares, you are interested in trading. Let me tell you why some traders choose to trade forex rather than stocks . This is why I prefer Forex, too.
Simply because for me forex has higher liquidity, an estimated daily turnover of $5 trillion is seen in the forex market, while the stock market sees relatively fewer traders every day. And the other is because it has greater volatility, the stock market appears to have values that shift more slowly over a longer period of time. The volatility of the forex market can produce an exciting range of opportunities for shorter-term traders, although this is a fantastic thing for certain trading styles.
I know some of you won't agree to my statement soo please let me know your thoughts about it in the comment section. Thank you.
Are you trade forex trading because of the volatility of the market and it has high chance of making high profits than stock trade however both of them involved a strategy of prediction.Apart from the liquidity and volatility as observed above I prefer forex to stock because of forex near predictability unlike stock trading.
You can guess movements in a currency pairs by listening and being aware of lastest news and events. And you can trade forex in shorter terms unlike stock.
I think the forex market is a better way, and will always be a better and faster way to make money than stocks. For someone who looks for long-term profits, then stocks should do so for you with minimum risk, but I know lots of people who makes a living trading forex.Your decision whether to trade forex or leverage stocks should be focused on the commodity, currencies or shares, you are interested in trading. Let me tell you why some traders choose to trade forex rather than stocks . This is why I prefer Forex, too.
Simply because for me forex has higher liquidity, an estimated daily turnover of $5 trillion is seen in the forex market, while the stock market sees relatively fewer traders every day. And the other is because it has greater volatility, the stock market appears to have values that shift more slowly over a longer period of time. The volatility of the forex market can produce an exciting range of opportunities for shorter-term traders, although this is a fantastic thing for certain trading styles.
I know some of you won't agree to my statement soo please let me know your thoughts about it in the comment section. Thank you.
Not that we dont agree! Everybody have their own reasons for trading forex and stock, its based on what is actually good or meant for you that you will do.Your decision whether to trade forex or leverage stocks should be focused on the commodity, currencies or shares, you are interested in trading. Let me tell you why some traders choose to trade forex rather than stocks . This is why I prefer Forex, too.
Simply because for me forex has higher liquidity, an estimated daily turnover of $5 trillion is seen in the forex market, while the stock market sees relatively fewer traders every day. And the other is because it has greater volatility, the stock market appears to have values that shift more slowly over a longer period of time. The volatility of the forex market can produce an exciting range of opportunities for shorter-term traders, although this is a fantastic thing for certain trading styles.
I know some of you won't agree to my statement soo please let me know your thoughts about it in the comment section. Thank you.
You have said it all.Your decision whether to trade forex or leverage stocks should be focused on the commodity, currencies or shares, you are interested in trading. Let me tell you why some traders choose to trade forex rather than stocks . This is why I prefer Forex, too.
Simply because for me forex has higher liquidity, an estimated daily turnover of $5 trillion is seen in the forex market, while the stock market sees relatively fewer traders every day. And the other is because it has greater volatility, the stock market appears to have values that shift more slowly over a longer period of time. The volatility of the forex market can produce an exciting range of opportunities for shorter-term traders, although this is a fantastic thing for certain trading styles.
I know some of you won't agree to my statement soo please let me know your thoughts about it in the comment section. Thank you.
One of the thing about cryptocurency market tradinng is that it does not involve too many tecnicalities unlike forex,you can actually start some trading or accumulate and sell when the price is up.Forex trading is very risky for me and not easy to learn too. I find bitcoin very simple but as a beginner who wants to start forex trading please am asking those who are very good at forex trading for advice on how one should learn forex trading and the reason why forex is better than stock trading