I heard a lot of stories how to make a million on forex. But never heard the same story about stock or futures market. They made forex kind of like a scam. Forex is the same kind of market.
I heard a lot of stories how to make a million on forex. But never heard the same story about stock or futures market. They made forex kind of like a scam. Forex is the same kind of market.
Ignored
Probably because making money in stocks is harder if you don't have as much. How can you buy a hundred shares of AAPL if you only have a couple thousand dollars? It would still be rather risky to buy a hundred shares of something that was price at $5. There's no need to use all of your equity on one trade. Slice that equity into "buy-ins" which I consider the minimum margin requirements.
If I've got leverage of 50:1 with $500 and I'm trading something with $20 MMR, I've got 25 "buy-ins". With each "buy-in", I may only risk a portion of it. Something like poker, I don't always go all-in. Sometimes, I'll steal the blinds (scalp) or play out the streets (mid-long term) while still only risking a portion of my stack.
This way, when I do go "all-in", it's only concerning what I bought in for, not my entire bankroll.
It is true. On stock market max leverage is 10:1, if you are big player you can get 20:1. Honestly, trading stocks is much easier then forex. You build you portfolio, and you follow it. When time will past you will know your companies and can money easily. On forex every day is a new day.
I do play poker too, but for fun, only when I am watching tv or movie to keep myself busy.
The same in forex that you won't make for living with $500 investment. I am taking investors with min 50K.
Envied maybe but not hated....(unless your the sort who thinks everyone is stealing your job.)
A lot might depend on pure dumb luck it also might depend on stumbling into a bull or a bear market and the luck (or lack of skills or method) sorts itself out when the bull or bear turns.
This might take years, of success before the luck runs out.
