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Forex vs. Stocks Trading
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AaronTan
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04-Jun-2009 22:32
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Hi all... Just would like to ask something here and listen to fellow members' point of view. As you guys know that Forex trading is getting more and more popular nowsdays.. ( Especially with the number of advertisements on the paper....LOL ) If we were to compare the pros and cons of " Forex vs stocks "... Which one has more pros ? I shall start the ball rolling here since I started this thread and anyone can follow suit to contribute. I personally has been trading forex more actively for about 4 yrs now. ( full time ) The 2 major advantages I think Forex has over Stocks are : 1) The high leverage it offers 2) 24 hours market ( literally no gap & liquidity is good ) And with the power of compounding...one can really grow a small capital into huge one by achieving a certain ROI monthly. On the other hand....with every recession....everything would be very discounted. These applies to stocks as well.. With the market recovery round the " corner ".... By picking a relatively good counter and park for a good 2 yrs - 3 yrs from now.. It is a very good strategy to build wealth I think. Hope to hear more inputs from fellow members here too. Cheers. - Aaron http://www.forextradingempire.com |
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