Which works better,Forex or Stocks?

Discussion in 'General Business' started by eduoku, Nov 11, 2007.

  1. #1
    I know now that thousands of people have plunged into online forex trading with some making quite a decently off it.
    I trade forex myself and although i have not yet invested much of my own money it,but the little i have put in have yielded respectable returns.i have made gains of over 200% on some my trades in a period of between 2 - 3 days.
    What can be said of stocks? Who here on DP is actively trading stocks online and what is the success rate compared to forex? What is required to start trading stocks online and how does one go about it?
    Does any one here on DP have a success story to share?
    Honest opinions welcomed please,thanks.
     
    eduoku, Nov 11, 2007 IP
  2. soccerfriend

    soccerfriend Well-Known Member

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    #2
    trading forex and stocks is an extremely high stress task with a lot of risk involved.. you can make money, but you also can loose your shirt on it.

    If you do not know what you are doing - do not go there
     
    soccerfriend, Nov 11, 2007 IP
  3. eduoku

    eduoku Peon

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    #3
    you put it the way it should be,if you don't know it,don't go in.
    but a brother still has to make a living though,thanks for your contribution
     
    eduoku, Nov 12, 2007 IP
  4. mentos

    mentos Prominent Member

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    #4
    forex better
    i have a account with dukascopy
    trading live at there since 2006

    PS:you using what broker?
     
    mentos, Nov 12, 2007 IP
  5. team

    team Peon

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    #5
    i think forex
     
    team, Nov 12, 2007 IP
  6. FoxHunter

    FoxHunter Peon

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    #6
    Forex is way better. I don't even trade stocks anymore.
     
    FoxHunter, Nov 14, 2007 IP
  7. criniit

    criniit Peon

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    #7
    I know everyone is saying forex..but I like stocks...I don't know..guess im old fashioned :)
     
    criniit, Nov 14, 2007 IP
  8. cool_78

    cool_78 Guest

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    #8
    Both are risky but i'll go with the stock option.
     
    cool_78, Nov 14, 2007 IP
  9. j22

    j22 Active Member

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    #9
    If you are good at trading forex then stick with that. :)
     
    j22, Nov 14, 2007 IP
  10. eduoku

    eduoku Peon

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    #10
    well,i think forex is better maybe because i have not tried stockd before.i made 870 pips in 2 days on the pound/yen.i opened the position last week thursday and closed it on monday this week taking in over $1000.i guess not bad,i will stick with forex
     
    eduoku, Nov 15, 2007 IP
  11. mentos

    mentos Prominent Member

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    #11
    its mainly due to YEN unwind
     
    mentos, Nov 15, 2007 IP
  12. JiffyCreator

    JiffyCreator Banned

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    #12
    penny stocks are fun but very risky. I used to do them daily and they are quite the rush when you make 500% return in half a day. of course the negative to that is you can lose just as much in no time. Done right, penny stocks can be lucrative.
     
    JiffyCreator, Nov 15, 2007 IP
  13. Josh Zona

    Josh Zona Peon

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    #13
    forex might be better. but dnt even go there if you dnt know what you doing.
     
    Josh Zona, Nov 15, 2007 IP