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Forex Trading: A Beginner's Guide
A subreddit dedicated to the amateur investor; too broke for Wall Street or trading commissions. A community where new and experienced traders alike can learn, discuss, and share information regarding all aspects of the stock market including stocks, options, futures, and forex. Whether you’re just starting out or you’re already an experienced trader, we share a common dream. What are you gonna name YOUR yacht?
For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines.
Hi everyone, I know the question is pretty vague, and that such things probably didn't exist until recent times. Asking because I've started trading forex myself. Would be nice if there was a saint which could help in these kinds of professions. Thanks!
Hey All, I've been thinking about making the switch to day trading stocks as speculative investment feels wrong. I currently trade FX and have for a year. I've had a 5% return over that period, however, it's all achieve through speculation. My question to you wonder people is when you day trade stocks, do you also rely on simple price action and speculation like forex trading? Or do you perform fundamental analysis, then use technical to enter and exit and sit in positions longer? I.e. longer term investments. I only ask because I'm a bit torn that with FX you win or you don't. There is no, oh hey, this company just won a billion dollar contract or they have a fantastic debt ratio and a large market share and should perform well in this turbulent period....or do any of you do both, stocks and FX? Any and all advise would be appreciated.
I am looking to start giving trading more of a go on a demo account(I don’t have spare money to waste away). Which of the two should I try to trade with and on which demo platform? Edit: I found that trading view is the best site for all trading.
I'm 22 and have savings of £5k. Is FOREX more profitable than trading stock? I would like to aim to double my money in 2-3 years. edit: okay so doubling my money in 2-3 years seems a bit ambitious so let say 2k profit. edit 2: 1.5k profit edit 3: i've read every comment thanks everyone for their input :)) edit 4: /investing are pretty much agreeing with you guys, so FOREX is a definite NOPE. Going to look more into stock trading instead of completing ruling it out
So the people over at personalfinance told me to come here I'm 22 and have savings of £5k. Is FOREX more profitable than trading stock? I would like to aim to double my money in 2-3 years. edit: okay doubling sounds a bit ambitious so lets say 1k min.
Woody & Kyle, with all your free time are you tempted to learn how to day/swing trade stocks or forex?
Actively trading forex or stocks is such a hard thing to do & takes so much time to master. But with woody & kyles lifestyle allowing them a lot of free time, it may allow them to put a lot more effort into it than most. With the art of compounding, it eventually becomes a worthwhile endeavour and a great income. Also I know chiz mentioned a while ago he was trading stocks, so he could offer some great advice. Maybe it’s a stupid question, but trading really interests me so I thought I’d ask
Hi guys, so I'm a newbie in this trading stuff, I have posted before but usually I get confused since there are a lot of things to talk about and didn't know how to start. My question here is, What market should I be trading on? Forex or Stocks? These 2 are the ones I'm more familiar with, I've seen some cases where people say that it's better for newbies to trade stocks and others that say is better to trade forex since market is open 24 hours (of course not with the same volatility) and you don't need huge amount of money to start trading on it. Also they say forex is not the best since the prices in forex can be manipulated at all time. Which one of these would you recommend a newbie to start trading on, I know I have to learn a lot of stuff b4 trading in real, but I guess the first step to start trading is know what to trade. So what are your thoughts on this? Thx
How many day trades can you execute? I been trading stock but I’m only to 3 day trade and sick of tired of daily swing trades.. is there a limit or none? I’m new to forex, any information is appreciated and thanks in advance
The comparative freedom from regulation on the forex and its high degree of possible leveraging makes it easy to control large trades without special qualifications and a limited amount of money. That's the upside of the forex market, and the downside—participation in the forex increases both investment opportunities and risk. Coverage of post-market trading including futures information for the S&P, Nasdaq and NYSE. Comparing Forex to Blue Chip Stocks . The foreign exchange market (aka forex) is the world's largest financial market, accounting for more than $6.6 trillion in average traded value each day in ... Stocks aren’t available on MT4, but they are on MT5. With improved charting, exclusive indicators and the ability to trade 500+ markets including stocks, popular cryptocurrencies, FX pairs, indices and commodities all on one platform, MetaTrader 5 offers next-generation trading and tools. Yes! I would like to receive Nasdaq communications related to Products, Industry News and Events. You can always change your preferences or unsubscribe and your contact information is covered by ...
Is Forex a Zero Sum Game? Corvin Codirla, ex-hedge fund manager and trader comments. When you buy a share you are participating as an owner of the company. T... Is forex a scam? Futures vs Stocks #AskMarcello - use the hashtag and ask me anything! I try to answer all the different questions you have about trading, traders, day trading and any other topics ... Join our Trading Room where we discuss All Things Forex on a daily basis: https://bit.ly/2PLwUmj Forex vs Stock market - which one is better and why? Let's d... http://simpletradingrules.com/trading-stocks-vs-forex-vs-futures-vs-options Trading and making a profit is a lot of fun, but it can be confusing as well. The... Find out whether you should be trading Forex or whether you should be trading the stock market. I give you guys the top 5 reasons why you should be trading the Forex market over the Stock market.