Post Reply
1-1 of 1
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