Comments on: Benefits of Forex Trading over Stock Trading https://www.moneyahoy.com/benefits-of-forex-trading-over-stock-trading/ Money Saving, Making Money, and Investment Ideas Sat, 24 Apr 2021 19:50:49 +0000 hourly 1 https://wordpress.org/?v=4.9.23 By: Protecting Yourself From Fraud – XTrade Guide - MoneyAhoy https://www.moneyahoy.com/benefits-of-forex-trading-over-stock-trading/#comment-12691 Mon, 31 Oct 2016 17:15:21 +0000 http://www.moneyahoy.com/?p=3301#comment-12691 […] people claim to be millionaires that made their fortune through forex trading – turning $1000 into 1 million within a year! They have lengthy explanations on why you […]

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By: Derek Chamberlain https://www.moneyahoy.com/benefits-of-forex-trading-over-stock-trading/#comment-11702 Thu, 24 Sep 2015 21:44:14 +0000 http://www.moneyahoy.com/?p=3301#comment-11702 Good point DaveS. Unless you are George Soros, when he in fact did manipulate currency on a grand scale! 🙂

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By: DaveS https://www.moneyahoy.com/benefits-of-forex-trading-over-stock-trading/#comment-11695 Wed, 23 Sep 2015 09:35:56 +0000 http://www.moneyahoy.com/?p=3301#comment-11695 I think one of the things you touched on is the biggest reason, but I also think you missed another important point.

Platforms, yup, that’s the main reason. There are so many really advanced, and importantly free platforms to use for analysis. Software such as Metatrader was breaking open doors that weren’t available to the average trader, and still today allows people with ideas, to put them into practice.

The main point I think you missed is that it is easier for most people to understand a currency and what affects it. There are (apart from economic data) not that many ways it can be manipulated on a large scale.

Stocks however, you have to factor in the sentiment towards a sector, you have to have a grasp on a companies fundamentals, and even have a beady eye on economic data and overall market conditions. Too many variables for the average brain.

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