Why Should You Avoid Forex Trading Over Stocks Trading?

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  1. ngureco profile image80
    ngurecoposted 10 years ago

    Why Should You Avoid Forex Trading Over Stocks Trading?

  2. Caleb Anderson profile image60
    Caleb Andersonposted 10 years ago

    Forex is definitely high-risk, and if you're a beginner trader then you are going to need some luck to make a profit. Stock trading can be less risky as long as you plan for the long-haul.

  3. profile image54
    Rosa Bergerposted 9 years ago

    Stock trading is probably easier because there is a lot more information available to make a decision. Forex trading requires a lot of information and not all relevant information will be available in your native language. After all, you are dealing with at least two different nations.

  4. efeguy profile image41
    efeguyposted 9 years ago

    for me i cant avoid forex trade,stock trade might be easier as rosa said ,but since the economy meltdown,most stock are still down,but in the forex market currencies have gone up 70%,though its falling again.{that is the beauty}if you are a disciplined trader who knows forex trade is not a get rich quick scheme,then you will always prefer forex trade and not avoid it.

  5. traderx profile image59
    traderxposted 9 years ago

    If you do not know how to trade you should not be in the forex markets.  Learn on stocks, then perhaps learn options then come to forex.  Most are lured into forex because of the massive leverage they can get - deposit 2k and control 100 or even 400x that amount.  Almost all forex traders that open accounts like this end up blowing up the account and losing all the money, only to add more and repeat.  They do not think of it as investing and trading, its gambling - I want to turn 2k into 500k type of crap.  Has it happened before - I am sure, but odds are it was not some "poor schmuck" who stumbled upon a secret ... (love that line, forex trading systems use it all the time to hype up their crappy products.  Treat it like a business and you will do well or at least have a chance.  Treat it like a casino, and you know what happens - of course Las Vegas was built on winners!

  6. MicahI profile image84
    MicahIposted 8 years ago

    Forex trading is highly leveraged, meaning the profits/losses that you can make are extremely large.  This means that trading currencies is highly risky, and I wouldn't recommend it to just anybody.  You need to be very well educated about the market in order to be a successful trader (or just very lucky).

    Stocks on the other hand are much less volatile (but still volatile).  In the end though, it really just comes down to your taste for risks and rewards.

  7. theachievers profile image61
    theachieversposted 8 years ago

    I have been trading in options at (http://goo.gl/IzSmM ), i started with an initial investment of 250$ and now after 20 trading days ,i am at 2685$, its really good opportunity, but the thing is you need to learn the basics, This is the site on which i trade -->>http://goo.gl/IzSmM, Trade carefully , Enjoy

  8. Beth-Woodard profile image70
    Beth-Woodardposted 6 years ago

    Yes Forex trading can be risky, you need to investigate the market before you even think about this, have a look

    http://beth-woodard.hubpages.com/hub/A- … x-Strategy


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