randy70

I was led to informed trades to learn and study stock trading. I can't thank all the contributors enough for all the free information and what I have learned. One thing that I was surprised about was the number of members that trade forex here so please forgive my ignorance when I ask why? What are the pros or cons of trading forex verses stock? I have never traded forex but I have gradually learned about it just by reading everyone's post. Was just curious as to the reason one might choose to trade one market or the other. Thanks to everyone that replies.

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Simit Patel

forex is less expensive in every way -- that is the big advantage. the commissions are less, the position sizes are less. volatility is also less, so it is easier to manage risk with leverage - which is readily available.

if you want to be a daytrader on a very small budget -- like 2,000 or less -- forex is the way to go. forex also has some other advantages, such as it is easier to trade during certain hours, which may be preferred based on your lifestyle. stocks have other advantages, such as dividends and the ability to more clearly see volume. of course, much depends on what you find easier to analyze; i like economics and geopolitics, so i find forex to be useful for me in that regard.

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randy70

Thanks for the reply Simit. Seem the more I learn the more i learn I have a lot more to learn. Well I have said before If your not learning then your not living. Thanks

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