Yeah, indeed there are many ways to deal in to earn money online, but for me the Forex Trading is the best way to make money online.
There is no doubt about so many opportunities for making money online. The fact is that there are so many ways to make money. We jusst need to find the right way for us.Yeah, indeed there are many ways to deal in to earn money online, but for me the Forex Trading is the best way to make money online.
I have a theory that it is easier to make consistent profits with forex than stocks.
This is my reasoning.
When the stock market enters into a bear market, it is hard to make money with stocks because most stocks will decline. Even stocks with good fundamentals will fall in a terrible bear market.
In the forex world, there is no bear or bull market. This is because currencies trade in pairs. If this currency is bullish, then the counterpart is bearish. Unlike stocks where most will fall when the market is bearish, currencies don't fall in unison. When one fall, the other rises. Hence, it is easier for a skilled forex trader to make consistent profits than a skilled stock trader to make consistent profits.
Do the elite traders with experience in both stocks and forex agree with my theory?
I don't think so, the benefit of forex trading is you can trade in both side. But it also include risk when you want to earn in both side.
Remember, forex market was effect than stock market. So, if any news or crash, forex markets always respond immediately.