but as a new Forex trader that is really difficult to make sure real fundamental knowledge.
Is stock trading and forex trading different?
- Thread starter Paroult80
- Start date
fundamental analysis is always important in forex trading and it's more complex when you have currencies and world economy to deal with.
I totally agree with you on this mate.
At first they seem to work the same way, but they don't. I think stocks are better because they are less risky. I tried investing in forex once, but it went wrong every time. I thought I was just a loser, but my friends who also tried trading said the same thing
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Must be different. I remember Don Bright Daytrading Co not liking Forex.
I can learn from others mistakes. I guess the good news is some of the better forex ads say ''you can not lose more than your original amount.''
One of all, of jack Schwager 's top traders did it ;so anything is possible.
Can’t agree more! Many short-term traders do not rely on fundamental analysis instead they focus on technical analysis. But, sometimes any unexpected news can increase the volatility of the market making it hard to trade and resulting in failure, if the trader neglects the fundamentals no matter how good his trading strategy is.
Yes, both stock trading and forex trading are different w.r.t to their nature of trading. Most of the traders in forex prefer trading for short-term and prefer relying on technical analysis more whereas in stock trading most of the traders prefer trading for longer time-frames and rely more on the fundamentals.