The thing is with the stock market, you need ALOT of money, and it takes more time to get a return. With the comodities, you have more leverage and it requires LESS time to make a return.
wow surprising how different people have different views on different types of trading, i personally find currency trading alot easier and less risky. Guess different people have different styles.
I trade Forex, guess thats cause thats what I started in a few years back, and thats all I know how to trade properly. I understand stocks and options but just sounds alot more work to me. obviously stocks must be good too, just look at warren buffet. I think every market has there up's and downs, for me I find that forex doesn't have too much to follow for an intraday trader (like myself)
oh I also think its alot less risky, cause I can close my positions any time, and I can have stop loss's that are guaranteed, but all in all if you have good money management then you are already reducing your risk. I'm not gona double my account over night trading forex but aslong as it grows then I'll have a smile on my face.
The thing is with the stock market, you need ALOT of money, and it takes more time to get a return. With the comodities, you have more leverage and it requires LESS time to make a return.
jr543266 1 year ago
wow surprising how different people have different views on different types of trading, i personally find currency trading alot easier and less risky. Guess different people have different styles.
drewpoh 1 year ago
@drewpoh True, true. Send me a message and tell me what you trade
affluence8 1 year ago
I trade Forex, guess thats cause thats what I started in a few years back, and thats all I know how to trade properly. I understand stocks and options but just sounds alot more work to me. obviously stocks must be good too, just look at warren buffet. I think every market has there up's and downs, for me I find that forex doesn't have too much to follow for an intraday trader (like myself)
drewpoh 1 year ago
oh I also think its alot less risky, cause I can close my positions any time, and I can have stop loss's that are guaranteed, but all in all if you have good money management then you are already reducing your risk. I'm not gona double my account over night trading forex but aslong as it grows then I'll have a smile on my face.
drewpoh 1 year ago
@drewpoh Well that would be true. THanks for the thoughts.
affluence8 1 year ago
Dont use any leverage. I would buy SBUX and just hold the stock right now. Send me a message with more details.
affluence8 2 years ago
Hey Bro im wanting to trade stocks but i dont know what kind of leverage i should use with the $1000 that i have.can you help me out?
PinatiAhLeong 2 years ago
@PinatiAhLeong Send me a Personal Message.
affluence8 1 year ago