May 20, 2010
Managed forex trading has become a sought after alternative to investing into mutual funds or stocks. The forex market as investment territory is a relatively new concept. With stocks e.g. your market assessment of a particular share suggests to put in a buy order in anticipation of a rise. Yet real life market occurrences may not quite meet your expectation, and the stock ends up dropping instead, and you have to accept a financial loss.
Unlike with stocks, the foreign exchange market offers instruments to intervene and counter-act instantly in order to avoid this loss. In trading forex there are at [...]
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May 20, 2010
Forex day trading, or FX trading, can be just as difficult and stressful as day trading stocks. As a matter of fact, they are similar in many ways. It’s really the same job, just different financial instrument. If you can do one, you can likely learn the other relatively easily. If you can do neither, maybe now’s the time to learn to day trade. Either way, there are some similarities and differences you should be aware of.
Similarities Between Stock and Forex Day Trading
Price is king. It doesn’t matter what you’re trading, the most important piece of information is price. Past [...]
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