Of course they are. Forex trading is more about speculations, as currency price depends on a lot of actors, that are trying affect. Central banks and huge funds are buying and selling currency in order to reach their goals. As a result, forex gives more opportunities for common traders. Forex is more about short term trading and the most popular strategies are scalping or intraday trading. Opposite, stock market is about long term trading and the most popular strategy is to find undervalued shares to buy them and than sold in higher price. I can say that stock market is less risky but involves more evaluating and is unprofitable for small investors, as they can't buy shares, they simply haven't enough money.
News for Forex is almost instant for everyone ,news for shares could have been discussed weeks ago at a board meeting in private ,currency is bought and sold for many different reasons many times in one day,some reasons would surprise you , both can be very profitable but stocks lead the way in say a Bull market ,sometimes though FX does have Super Trends but not often ,day trading FX can be profitable if you manage risk,Stocks are driven mostly by speculation , FX is not.
It's absolutely different, when you do stocks you investing your money into something which already do have some possible value and probably resold several times anyway. I do want to keep it going for many many reasons. With forex you simply speculate a lot of times.
Though they are similar to generate profit when there is changes of price in short term, One major difference that you can tell is that Stock Trading is based on buying or selling of shares of an individual companies meanwhile Forex Trading is focused on selling or buying of the currency between two country pairs.
Andromaris posted: It's absolutely different, when you do stocks you investing your money into something which already do have some possible value and probably resold several times anyway. I do want to keep it going for many many reasons. With forex you simply speculate a lot of times.
What do you prefer personally, forex or stocks? Are you trading any currently?
Stock trading involves buys and sells shares of individual companies, while FX trading involves buys and sells currency simultaneously of t two different countries. FX is much more liquid and stable than stocks. Trading both FX and stocks requires a solid understanding of how the market works and practice to get a stable profit.
No it's different. Forex markets moves based of economic indicators of the related currency countries. But share price of a company behaves based on that company performance. But yeah if we talk about technical analysis, it's almost same.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
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