drhendra's blog

[drhendra]

Forex vs Stocks, which one more easier?

Dear all,
I am a stocks trader and I trade in the US markets. I have been trading in that markets since 1.5 years ago.
Now, I feel quite bored and tired trading stocks. I day trade, sometimes swing trade. I usually trade using japanese candlesticks, and other western technical indicators, like SMA, MACD, Stochastics.
I usually trade, basically following the mother market's direction, when the major index go north , I will go long, and vice versa. But I know, many factors influence a stock's price and I found, it is quite difficult to predict a stock's direction in these nowadays volatile market.
In this week, I found another vehicle, the forex trading! I found this instrument is much more easier to trade. Just basing on the japanese candlesticks and other western TA that I usually apply to my stocks trading, we can have more profits.
I have been practicing the forex trading for 2 days on (using virtual account). In these 2 days, I have accumulated 74 pips... I trade purely basing on the japanese candlestick and western TA(s)..... just that.
In my opinion (individually), trading forex is much more easier than stocks!!
I request your sincere opinions about stocks trading vs forex trading...
All opinions is welcome.... thank you.

 

[eden159]

I have never traded stocks but I can tell you from personal experience - it's not easy at all to trade forex. It's a tricky market where more than 90% of the traders lose money. I don't want to disappoint you or anything - just to warn you to take it seriously if you want to invest real money. I had my ups and downs in forex and i'm still learning from my mistakes. It takes time and persistance to be profitable in a long run.

Personally I can recomend you to read about automatic trading - it removes the emotions from your decisions thus increasing the profits at least twice!

 

[newtrader332]

Hey I'm new at this whole trading thing. Iam here to meet traders and others who know about trading and I just want to ask general questions.

 

[newtrader332]

Hello all,
I am new at this trading thing. However, I do know some background information. I am going around to many diffrent websites and curious to know about traders. All type of traders and thier opinons about stocks, trading, models and etc. So can you please respond to this while I ask this question.

Your intrested in receving updates and commentaries for intra day and end of day. Updates and commentaires for forex, commodities and stocks. Now all come with a price. To receive these commentaries and updates in a quick and easy way, updated every 20 min, you have the option of receiving commodities and forex intraday for $395 monthly $295 for end of day and $595 for both? What do you think?

Now you also have the option of receiving stocks updates for $595 intra day $395 end of day and $895 for both? what you think?

Now I really need you traders to give your honest opinion about this and tell me what you think. Is it overpriced, good or bad? Thank you, hope to hear from you all soon!