What is the best trading forex or stock ,,,and why?
Question:
Answer:
Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..
Forex is the best to trade.
Very low minimums to start ( 200USD) and you can Paper Trade your strategies until you find one that fits with your personality.
Stocks have a minimum requirement of 2000USD to open an account.
Forex trends very well. When a pair goes one way or the other ( Up or Down ) you can stay with this trend and ride it until it bends.
Stocks have a limited downside potential ( Only 100%)
FOREX
24 hour access
World’s largest most liquid market
No middlemen
Trade with unrealized profits
Free real-time quotes
STOCKS
Trading 7 hours a day or less
Possibility of no liquidity especially after hours
Middlemen costing investors money either in time or fills
Must realize gains to make use of profits
Expensive exchange fees for quotes
.
.
.
Also, Forex trading focus on 5 major pairs whereas in stocks, there are thousands of companies to research on. If you are looking for high volatility and a focused market (there are other crosses though), look into the Foreign Exchange. Wish you good luck. :)
The interest in Forex on this board in unbelievable. Currrency goes up and down. It is not an investment that steadily gains value over many years.
To make 10-15% (average) annual returns for many years all you have to do is put money into an index mutual fund. The "fees" for investing in an index fund are less than 1% of your assets/year. You spend NO time worrying about your trades
In contrast, if you buy and hold currency, your "investment" loses value. So you MUST trade. Further, you must trade well as there are mega traders out there who will eat you alive. Fees are MUCH HIGHER depending on how much you trade. Yeah, you can trade 24 x 7. Just don't go to sleep with an open position.
Stay out of Forex.
yeah, i don't know where some of these people got their facts.
you can open a stock trading account with $100 or less depending on the broker you use
it is true that the financial markets stay open longer than the stock markets, but I find it much easier to monitor events and actions that trigger stock price fluctuation than currency changes... just me.
also coming from personal experience I've profited far better from stock trades (300% in one day) compared to modest (2-5%) gains I've made in forex.
for me its stocks.
It is amazing to me how many people get on this site and claim that you cannot make money in the Forex market. Or that state that currencies lose value over time. And I think that I have also seen warnings that you cannot leave a trade on over night and get a good nights sleep.
There is a very conservative Forex strategy called hedge trading. With this method you buy two closely correlated currency pairs and leave them alone. This is a long term investment strategy that can generate consistent profits month after month. This is the exact same strategy that the banks use with YOUR money to generate profits of 60% while paying you 5%.
I find it quite interesting that Chrysler made more money in the Forex market in 2005 than they did selling cars and they did not make it by day trading.they made their profit with hedge strategies.
If anyone would like to learn hedge trading strategies using a free demo account, I would be happy to teach it to you, for free. Then you can decide based on facts...whether Forex has a place in your investment strategies.
I also have an analysis showing the daily results of how 5 different Forex hedge strategies have performed over the past 500 days. (Oh yeah, you would sleep fine with these strategies because once the position is placed you "set it and forget it". This analysis shows the results without executing one trade in the entire 500 days) I would be happy to send this to you and you can evaluate how a conservative Forex hedge strategy would perform against other investments, such as indexed mutual funds.
Best wishes for consistent profits.
Paul
Remember back in the 1990s when a lot of people either retired early or became wealthy? It was relatively simple. With stock prices going up, up, up, I knew a lot of people who simply invested part of their paychecks. They ended up with several hundred thousand dollars in profits from their constantly rising stocks.
I knew others who had already amassed several hundred thousand by the time the stock boom came along. They were millionaires by the time the 1990s ended.
Ah yes, those were the days. Today it's a lot harder. Stocks don't seem to do much any more. You have to invest in risky emerging countries to see much return. And that chance can evaporate overnight taking your money with it.
When the stock market won't bring you any return, most people turn to real estate. But housing prices have peaked in most cities, meaning you can't just buy a house and sit on it for several years to earn a fat nest egg.
So does that mean we have to give up on ever getting ahead and just learn to be satisfied living the average life our jobs can provide?
Not necessarily. These days you have to think differently to get ahead. For example, you've noticed how manufacturing and jobs are heading out of North America to foreign countries. That's bad news for many workers, but it's GREAT news for some segments of the Foreign Exchange Market.
You see, when we buy products from China, or Japan ships products to England, all kinds of currency has to change hands and be converted. There is BIG money in that process.
FOREX, the foreign exchange market, handles 2 TRILLION in transactions EVERY DAY. That's far more money than what Wall Street handles. Just about anybody can jump in and pull out quite a profit for themselves by participating in the FOREX process.
Does all this sound a bit new to you? Most North Americans have heard very little about FOREX. They've got BILLIONS of dollars sitting in savings accounts and low yield investments that could make them a LOT more money in the Foreign Exchange Industry.
Check out the Smart Foreign Currency FOREX Traders at: http://www.yourforexinvestor.com...
To Your Success!!
Brandon Wells
877-773-5345
More Related Questions & Answers...