both the time and the inclination to do all the necessary research that is required for successful penny stock trading. There are some obvious differences between the forex and stock markets which we all know. If a person wants to get rich quick and out of chance, then stocks would be the way to go, in stocks you can even do research of the companies and identify those that yield some potential meaning that you could effectively take the same. Since there are companies that can go from very low values to extremely high trading values in several years it becomes obvious that anyone who catches them when they are small with a large amount of money can truly become a millionaire much quicker than. The forex market is open 24/5, the stock market is not, the forex market allows you to use very high leverage (1:50-1:400) the stock market does not, the forex market allows you to day trade from 1 USD, the stock market does not, the forex.
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I have developed a view of the forex market within the past few years as a better investment vehicle than stocks. In forex trading you are speculating about the appreciation of a countrys currency against another. What is the fundamental difference that makes the get rich quick phenomena so common in stocks and practically null in forex? If you would like to learn more about forex mechanical trading systems and how you to can design and build your own likely long term profitable systems please consider joining m, a website filled with educational videos, trading systems, development and a sound, honest and. A forex trader can make a 100 investment and see a 50 profit 10 minutes later. To sum it up, the idea that forex is a better market to get a lot of riches quicker is a hollow and unfounded one. Of course, this is tremendously hard to do and you are bound to lose all your money with a high probability but it has in fact been done, showing that this profitable luck is possible in stocks but quite impossible in forex due to the.
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