- Joined
- May 11, 2021
- Messages
- 3,157
- Reaction score
- 188
- Points
- 150
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- 1
- Location
- India
- Website
- thefreedollars.com
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- $243
Hello again! I hope you all are fine.
It is known to all that financial market is full of risk as well as opportunities. The more the risk is, the more profitable it is. But with proper risk management, we can minimize the risk factor and increase the profitability. Risk management needs experience and discipline in order to execute properly. Once we are master of it, we can earn huge from here.
There are many platforms where we can trade. Forex trading has become more fanous now a days than before. It's because creating account here and trading is very convenient. You don't need to wait for several days for documents to get verified like demat accounts. In other hand, we have stock trading, which needs you to create a demat account and then you will be able to trade. In stock trading, you are buying or selling stocks, where as in forex trading you are buying or selling currencies.
Both the trading involves risk and requires knowledge and extensive training to get master with. Unless you are trained enough, there is high chance that you will lose money. But still, in forex trading the risk is more involved because of the leverage involved. Due to this leverage you can buy worth of $1000 by just investing $1. This leverage can easily wipe out all of your account balance. Unlike this, in stock trading you have to buy with your money without any leverage. Which somewhat minimizes the risk involved.
This is the reason why I prefer Stock trading over forex trading and also suggest others to use lower leverage in forex trading.
It is known to all that financial market is full of risk as well as opportunities. The more the risk is, the more profitable it is. But with proper risk management, we can minimize the risk factor and increase the profitability. Risk management needs experience and discipline in order to execute properly. Once we are master of it, we can earn huge from here.
There are many platforms where we can trade. Forex trading has become more fanous now a days than before. It's because creating account here and trading is very convenient. You don't need to wait for several days for documents to get verified like demat accounts. In other hand, we have stock trading, which needs you to create a demat account and then you will be able to trade. In stock trading, you are buying or selling stocks, where as in forex trading you are buying or selling currencies.
Both the trading involves risk and requires knowledge and extensive training to get master with. Unless you are trained enough, there is high chance that you will lose money. But still, in forex trading the risk is more involved because of the leverage involved. Due to this leverage you can buy worth of $1000 by just investing $1. This leverage can easily wipe out all of your account balance. Unlike this, in stock trading you have to buy with your money without any leverage. Which somewhat minimizes the risk involved.
This is the reason why I prefer Stock trading over forex trading and also suggest others to use lower leverage in forex trading.