Find out for yourself. Open a demo trading account for both forex trading and equities trading. At the end of three months, you will have your answer.
I manage funds for trading since 1997. IMO, trading forex is no different from trading stocks. Only difference for me is that I am watching less fundamentals in forex trading, mostly economic indicators. With stock trading, aside from economic indicators, i also have to watch out for each company’s fundamentals.
Find what works well for you.
Hope this helps.
Jim http://jsforex.blogspot.com
Hello,
In order to profit from the forex market, you will need strategies and also the will to change these strategies. Traders who lack a well thought out trading plan are prone to panic and confusion, when unexpected swings in the forex market occur. Many traders will tell you that trade driven by emotion is the fastest way to deplete your funds. Whether or not you are using a technical or fundamental style, it is still essential that you have a proper view of the market.
Developing your own trading style is a time consuming process and is often acquired through trail and error. Successful traders often have a unique style of trading and take up various strategies during a trading session. Only continuous practice will help you gain a feel for the movements of the forex market.
The beginners can take the help of some forex expert or forex mentor who can guide you in your plans and help you to enter better trades. I can suggest you one FINEXO (link i am providing for referral) which i am using last so many years and is quite satisfied with. But my friend the key in Forex is YOU and YOUR TIMINGS.
Very educative Blog: http://forextradingguru.blogspot.com/
forex trading is a lot risky but given the right training, it is a lot profitable to trade with. should you wish to engage in trading forex, you cna check on this site. offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support. enables users to start trading immediately and with no software required to download you may login to your account and trade anytime, from anywhere. allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours. And If you are a frequent trader dealing in larger volumes, they offer tailor-made account to suit your exact needs (spreads, leverage ratio, mobile-phone alerts, etc.). uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. one unique feature of this site is whether you are a beginner or an experienced trader, they will provide an Account Service Manager (ASM) to be your personal consultant who will serve as your mentor and trading partner and with whom you can talk live via phone, email or chat to ask or discuss anything you want to know about forex. your ASM will even trade with you to make sure you get familiar with their No Software Download system.
although forex trading is risky but much profitable , and these days there are some automated systems which made by forex pros which use advanced mathematical algorithms .
these systems do all the work for you.
these cost range from $20 to $30.000 but i recommend “forex tracer system” cost $399 (but these days has special offer of $97 ) it’s suitable for us and don’t cost much .
You can try it on demo, if satisfied as me go for live trading, if not get your money back as it has 60 day money back guarantee .
you can check more details at website: http://www.ForexTracers.com
Forex Trading is risky. At any given minute, the market can sway one way or another. At big Interest Rate moments, you could get huge moves in the currency. Overall, its pure risk because its a pure free market.
Start with stocks since they are simpler to learn and then if you want move to FX. Once you learn one market you will pick up others easily. But stocks are easier.
7 Responses
jsforex.
February 8th, 2010 at 10:09 am
1Find out for yourself. Open a demo trading account for both forex trading and equities trading. At the end of three months, you will have your answer.
I manage funds for trading since 1997. IMO, trading forex is no different from trading stocks. Only difference for me is that I am watching less fundamentals in forex trading, mostly economic indicators. With stock trading, aside from economic indicators, i also have to watch out for each company’s fundamentals.
Find what works well for you.
Hope this helps.
Jim http://jsforex.blogspot.com
Alice
February 8th, 2010 at 11:20 am
2Hello,
In order to profit from the forex market, you will need strategies and also the will to change these strategies. Traders who lack a well thought out trading plan are prone to panic and confusion, when unexpected swings in the forex market occur. Many traders will tell you that trade driven by emotion is the fastest way to deplete your funds. Whether or not you are using a technical or fundamental style, it is still essential that you have a proper view of the market.
Developing your own trading style is a time consuming process and is often acquired through trail and error. Successful traders often have a unique style of trading and take up various strategies during a trading session. Only continuous practice will help you gain a feel for the movements of the forex market.
The beginners can take the help of some forex expert or forex mentor who can guide you in your plans and help you to enter better trades. I can suggest you one FINEXO (link i am providing for referral) which i am using last so many years and is quite satisfied with. But my friend the key in Forex is YOU and YOUR TIMINGS.
Very educative Blog: http://forextradingguru.blogspot.com/
Xelam
February 8th, 2010 at 2:43 pm
3forex trading is a lot risky but given the right training, it is a lot profitable to trade with. should you wish to engage in trading forex, you cna check on this site. offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support. enables users to start trading immediately and with no software required to download you may login to your account and trade anytime, from anywhere. allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours. And If you are a frequent trader dealing in larger volumes, they offer tailor-made account to suit your exact needs (spreads, leverage ratio, mobile-phone alerts, etc.). uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. one unique feature of this site is whether you are a beginner or an experienced trader, they will provide an Account Service Manager (ASM) to be your personal consultant who will serve as your mentor and trading partner and with whom you can talk live via phone, email or chat to ask or discuss anything you want to know about forex. your ASM will even trade with you to make sure you get familiar with their No Software Download system.
mannoo20
February 8th, 2010 at 5:18 pm
4although forex trading is risky but much profitable , and these days there are some automated systems which made by forex pros which use advanced mathematical algorithms .
these systems do all the work for you.
these cost range from $20 to $30.000 but i recommend “forex tracer system” cost $399 (but these days has special offer of $97 ) it’s suitable for us and don’t cost much .
You can try it on demo, if satisfied as me go for live trading, if not get your money back as it has 60 day money back guarantee .
you can check more details at website: http://www.ForexTracers.com
Screenwriting Tips
February 8th, 2010 at 7:52 pm
5Forex Trading is risky. At any given minute, the market can sway one way or another. At big Interest Rate moments, you could get huge moves in the currency. Overall, its pure risk because its a pure free market.
Guy Incognito
February 9th, 2010 at 12:49 am
6Start with stocks since they are simpler to learn and then if you want move to FX. Once you learn one market you will pick up others easily. But stocks are easier.
kararand
February 9th, 2010 at 5:01 am
7Forex can be beaten with the right software as opposed to Wall Street.
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