Forex Exchange or Stock Market?
July 25, 2016 7:27am CST
I have a friend who invested in forex exchange. She gets to learn on how to trade on her own. She learn it from the internet because it is not taught in school. She learned about the technical analysis but not the fundamental analysis because it is not easy to make a research about the status of the country which drives the trend of the currency of that country. But she loss a lot becuase the analysis won't always hit. Now she decided to shift to stock market. She said forex is so volatile compared to forex. what do you think? Is forex safe compared to stock market? OMP, putting up a business is more safe than investing in stock market or forex. What do you think?
7 people like this
25 Jul 16
That's right. Investing in stock market is tempting but I don't want to try. I am not good at it and and I dont want to waste money jus to try. Putting up a business is good than stock market. You will get to count your profits daily.
25 Jul 16
I agree. Forex is controlled by the banks globally so there is a big chance that banks will do their best to manipulate the trend so that lots of traders will loss money. So, stock market is safe than forex.
27 Jul 16
@nomus24g not only politics but also the spending capability of each individual in a certain country. Number of jobs generated each month and number of people got a job each month. If lots of jobs generated, the spending capacity of an individual will grow and more companies will invest more in expansion and additional jobs will be generated. Thus, the country will remain strong and productive. Unless, corruption is there. What do you think?
26 Jul 16
What she did, she buy stocks that are on lower price then sell them even if the price difference is not that big. She is not into long term trading. She is afraid that the companys financial stability might go down. Have you tried investing in any form?
26 Jul 16
Stock market and forex are legit. It is up to the broker you will do your trading. You will find brokers that are not legit so you need to do a research on which brokers that are being regulated by the government so you will be protected. Stock market and forex are legit. It will depend then on the broker you will be dealing with. You will can make or loss money since this is like gambling.
For me, it depends on your preference. Either both has a risk but forex is a bit risky as compared to stock market I guess. I am a forex trader and I can say that it is too risky if someone invest it without knowing how to trade and to analyze charts. If I were to choose, I would still go to forex trading as I see a lot of earning potential in there.