Question by Obama, the Tard: Fx appears to be more tough to revenue than the stock market place?
I trade stocks often but was pondering if any person found Foreign exchange much more attractive than investing the DOW, NYSE or NASDAQ? Also, has any person profited far more than they thought they would? Please no solutions making an attempt to offer me your verified methods. Many thanks.
Poloman1690, thank you for your truthful respond to and the url.
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Reply by Dom
Difficult question. Fairly significantly you are just speculating which way the currency will go without having any genuine analysis.
Go ahead and give me the thumbs down but there are no earnings or monetary statements to make an educated guess. Positive there will be some who make funds at this second but who is aware about the foreseeable future. An individual could believe that marketing crack is a excellent investment but they will get burnt at some position.
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June 29th, 2011 at 6:58 pm
You have to work on the area you focus atleast for an year and then it will be easiar. Without professional skill developed, you will lose your money certainly.
June 29th, 2011 at 7:35 pm
Hi,
Personally, I prefer Forex trading because unlike stocks, currencies are unlikely to go ‘bust’.
You can take the time to familiarize yourself with a particular stock, reading and analyzing its financial statements, but once it goes bankrupt, you’d have to start all over again with another stock.
Just my humble two cents.