Forex vs Stock market?

Wednesday, May 14, 2014 , Posted by Ryanita at 4:57 AM




Damaro


As a trader, where is it "easiest" to become a millionaire?
At Forex trading or by trading Stocks at the market?

*What is the big difference between them both?



Answer
Forex is a "zero-sum" proposition...the only way for one Forex trader to make a profit is for another Forex trader to make a loss...

Stock trading allows for any (or even all) holders of a particular stock to make a profit, so long as the underlying company remains in business.

It is easy to become a millionaire buying (and holding) quality stocks...

Can someone become a millionaire by trading forex?

Q.


Answer
Yes someone can become a millionaire by trading forex. Its the 5-10% out there that makes the money 90% of the people losses.

It is about understanding and mastering it that makes you the top 10%.

Forex is not difficult if you understand price action and strategies to apply into play. Money management and trading psychology is the key to success.

Ezekiel




Powered by Yahoo! Answers

Currently have 0 comments: