Do you prefer trading only Forex or indices and other instruments too ?

[Raheel Shaikh]

I think that it is better to diversify the assets that you trade. along with currencies, I also trade cryptos which are really nice assets to trade if you know how they behave and how to use risk management. I am strongly convinced that money and risk management are the key things which will make you preserve the money. I like cryptos for their volatility. Whatever happens, cryptocurrencies are always in the move and you have the chances to reap the rewards if you react in an efficient way.

Yes, well said not keeping all the eggs in one basket is the best for of diversification and less risk exposure.

 

[socool]

Be very very careful with precious metals. They don't move like FX pairs.

If you choose to do so, choose MGC, so if you make a mistake it does not wipe you out.

I know I am late to this, but this is interesting to read. Thanks.

 

[koczeau]

I do plan on diversifying my portfolio for lesser risk exposure, still on way of learning more about the other markets.

 

[Dr_Trade]

I do plan on diversifying my portfolio for lesser risk exposure, still on way of learning more about the other markets.

I also believe in diversification and that's why trade in forex and indices both.

 

[noframe]

Diversification delivers a handful of advantages in trading, particularly in mitigating risks. That's why I prefer trading in forex, indices and stocks too.

 

[Dr_Trade]

Diversification delivers a handful of advantages in trading, particularly in mitigating risks. That's why I prefer trading in forex, indices and stocks too.

How often you trade on stocks, I have heard traders love to play with forex, metals and oil more often.

 

[waynejackson]

I am a forex trader but these days I’m also getting my hands on to crypto trading. Taking it slow as it’s extremely volatile and unpredictable. Honestly I find it more difficult than forex.
Will try some less risk averse assets as well but haven’t really decided about it yet.

 

[benten]

I am into forex only as of now.

 

[Raheel Shaikh]

I am a forex trader but these days I’m also getting my hands on to crypto trading. Taking it slow as it’s extremely volatile and unpredictable. Honestly I find it more difficult than forex.
Will try some less risk averse assets as well but haven’t really decided about it yet.

That's great,
I find it very volatile and not the best price action such like forex
so i avoid trading it for the same reason

 

[Raheel Shaikh]

I am into forex only as of now.

that's a good start