Question
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What are the advantages of Forex versus Futures Trading?
9 Answers
<p>I am 23 year old and I have been trading in the forex markets for almost 2 years now and I'm blessed to say I've been successful. Trading in the forex markets allowed me to start up with little money and when I first started I had no knowledge of the financial world, and I had no idea how to even understand the language, but I had the hunger to learn and I was willing to apply myself. I had played with stocks in the past with a fake account but it didn't interest me as much as trading currencies …</p>
8 Views
<p>I would have to say Forex, here’s why: Forex is the largest industry (5.3 trillion per day). With the Forex market, you can literally enter a trade and be in profit in under a minute. I entered a trade and was up $848 in under 3 minutes. Forex allows anyone to start with as little as $100 and very little experience. We do however strongly suggest practicing on a demo account before starting to trade a live account so you can get comfortable trading. With the advancement of modern technology, you can literally trade from your smartphone by just downloading …</p>
7 Views
<p><br>I would learn to trade all three. There are differences in the margins, and mechanics, etc. but the auction aspect of these three is the same. Become an expert in all three so you can trade each when the markets have high probability setups. If Forex slows down try futures, futures slow down try stocks. Became proficient at all three and be a true expert at trading. The technical analysis of these is essentially the same. Don't let anyone convince you otherwise. You need to get out at a better price than you got in at. Period.</p>
6 Views
<p><br>When you say, to trade, this means it is a business. And a business is called safe only in the case when some money goes out of your pocket and something comes in your pocket. In case of stocks you buy shares of a company for lifetime without expiry, now it's yours to keep. You may sell it for higher rate or hold it, no one is coming to you for more money or any claim after that. But in case of futures and forex what you are paying for is a virtual thing and it is going to vanish …</p>
5 Views
<p>Unlike forex trading, futures trading involves trading thousands of financial markets, including forex, indices, shares, and commodities. As a result, you can trade forex with futures (also known as forwards when referring to forex) and other derivative products, as well as trade futures on various financial markets. </p>
4 Views