Yes and no, if you can be successful with forex trading it’s definitely worth more than trading stocks.
The basic reason of using forex trading is that stocks can be easily traded and you can earn a substantial amount of money even if you lose a lot of profits. For example in 2013, you could earn back one percent of your lost profit in stock market using forex trading.
And the reason is simple – it’s very difficult to predict any kind of a stock market event. So instead of focusing on a specific stock market index, you will use forex to invest in a wide range of stock markets and also trade forex against other people.
So, to make it simple for you, let’s have a quick discussion on why you will make a lot more money playing forex trading than on stocks.
What is Forex trading?
In basic terms, forex trading means trading on stock markets like the London and New York Stock Exchange (NYSE) and Nasdaq (NDAQ).
With forex trading, the trader will enter a trade with an offer, which he will submit to the exchange or other broker.
He will then wait for a chance to buy or sell the stock and will make an offer to buy or sell. If he wants to trade in the direction or direction of the stock, he chooses the direction.
Forex market has a range of trading in different stocks and also a huge array of trading possibilities. Basically, there are many ways of trading in the forex markets. From simple daily trading to high and low risk strategies and more.
How much do I make with Forex trading?
For example, on the London Stock Exchange (LSE) –
1 dollar is currently traded in the forex. However, with this kind of trading it can be an advantage to use in order to trade any market at various time.
You can buy some stocks using forex and then sell them when they improve.
When the market is active it is possible to make a huge return on your trade.
If you are trading in low risk markets you can bet small amounts of dollars and profit.
How to use forex trading in order to make money?
When it comes to the most successful and reliable method to make money from forex trading is by using short-term strategies in the first place.
The short-term strategies in forex are also not as