forex vs futures
forex vs futures
Forex vs. Stock which has a better return?
Which is best? I would like to make it my career and work for the big guys in the future hopefully. I understand that for Forex you need to pass the series 3 exam, and for Stock you would need to pass the series 7 exam. I would like to know which career is more rewarding in the long run, and is less stressful than the other and more enjoyable.
Thanks in advance.
Trading is trading – other than a personal preference for one over the other, there’s really no difference. Whether it’s oil or emini or forex, they are all 24-hr markets now, they are all highly leveraged and fast-moving, all effected by the economy and huge debt swings and Europe and oil spills and bad gov’t reports, and on and on.
If you can’t handle the fast-paced, stressful environment and sleepless nights and overtime, forget it; don’t even try. If you’re just in it for the money, forget it; there are lots of easier and simpler ways to make money and make a living. You have to love trading for itself to be successful. You have to love truth and being honest with yourself and constantly evaluate your human emotions that work against your career. Greed and fear will eat you alive in this business, where in most businesses it’s just a nuiscence.
Most other businesses you can show up for work every day and hang out and not do much and get by without much knowledge and be dishonest and still collect your check and clock out and forget it. Not so in trading.
This question is asked every day here. Just type “day trading” in the Answers search box and you’ll get hundreds of answers.
http://answers.yahoo.com/question/index;_ylt=AigCARQHLUVU67TITfyeTKXsy6IX;_ylv=3?qid=20100526134853AArE4k2&show=7#profile-info-D4AZKfcvaa
forex vs futures
Forex Trading Vs. Futures – What You Should Know
There are many financial markets in which to participate in order to make substantially better returns than putting your money in a CD or savings account. Some markets such as a money market or a typical bond market won’t usually gain you double digit returns. However, there are some markets that can allow you to achieve double digit returns on your investments and this article will compare a couple of them.
The Forex Market, or FX Market as some term it, is one of those markets where you can make double digit gains. You can also make double digit gains in the Futures market as well. There are distinct differences between the two markets and you will want to know what they are before you enter into either one.
Liquidity:
Forex Trading has the advantage of being more liquid than any other market, including the Futures Market. With the average daily volume in the Forex Market reaching close to 2 Trillion and the daily volume in the Futures Market reaching 30 Billion, there is no comparison. The liquidity in Foreign Currency Trading (Forex) far surpasses that in the Futures Market. This means when it comes time to trade, Forex Trades will be filled much easier than in the Futures Market. This speed means greater potential profit. Couple this with instantaneous trade execution in Forex Trading, and you have the ability to make a lot of trades quickly.
24 Hour Trading:
Another advantage the Forex Currency Trading System (Forex) has compared to Futures is the fact that you can trade 24 hours a day, five days a week if you want. The Forex Market is open longer and for more hours than any other market. If a person is serious about making money in a market, it sure would be nice to have virtually unlimited time each week to make those trades. Whenever some event happens around the world, you can be one of the first to take advantage of the situation. You won’t have to wait for a market to open in the morning. You can trade from your computer instantaneously.
Rapid Trade Execution:
When you use a Forex Currency Trading System you receive immediate trade executions. There is no delay like there can be in the Futures or Equity Markets. And your order gets filled at the best possible price instead of guessing at which price your order might get filled.
No Commissions:
Forex or FX Trading is Commission Free because it is an inter-bank market which matches buyers with sellers in an instant. There are no middleman brokerage fees as in other markets. There is a spread between the bid and ask price and this is where Forex trading firms make a little. This means you can save money when you trade Forex compared to Futures trading where there are typically commissions.
Greater Leverage:
Online Forex Trading gives you much greater leverage than playing the Futures Market. However, in the Futures Market, you can also buy or sell options on futures, which increase your leverage. Leverage can be very important when you know what a currency is going to do. You can achieve 200:1 and greater in Forex Trades compared to much less in Futures. This means a lot more potential profit, again if you make the right moves.
Limited Risk is Guaranteed:
Since Forex Traders must have position limits, the risk is limited since the online capabilities of the Forex Trading system automatically initiate a margin call when the margin amount is greater than the value of the account in dollars. This keeps a Forex Trader from losing too much if their position goes the other way. It is a good safety feature that is not always available in other financial markets.
When considering the differences between Forex Trading and Futures Trading, just keep in mind your preferred trading style and the type of risk you don’t mind taking. There are definite advantages to FX Trading that may allow you to profit greatly if you develop a good system and stay within your trading limits. If you are ready to go, then begin investigating a good firm with whom to open a Forex Trading Account.
About the Author
Chris Murphy is a freelance writer who publishes articles which are of interest to his readers. For additional information on Forex Trading vs. Futures Trading, please visit
http://www.lyonsforex.com
Futures vs Forex….Which one is easier to master?
Which of the two is easier to master and profit from as a newbie?
As is usually the case with complex subjects, you will not know the answer to this question until much later, maybe years, until you have tried.
Your question is really about “trading,” not “what” to trade. You do not “master” a market, rather a method or vocation. But expecting to master trading is a little like tryig to master life, becaus it is a life of it’s own, intertwined. What you will find is that the hardest part of trading is to master your own fears, hopes, and other emotions that make you do exactly the opposite of what you should be doing. What you are thinking of mastering is not even in your sights yet. You are looking at Day Trading, and it is the most difficult task you will ever encounter. Clearly only 5% of traders are profitable, and only 1% really make it worthwhile. I would not recommend it to anyone; be prepared to lose everything several times. Just learning more and working harder will not ensure profitability like in other vocations. There is no controlling it and there will never be any certainty. You are only looking for a small edge, trying to see all possibilities with an open mind, with a plan for each, and the only thing you control is the money management techniques. And all of these things change about every minute. One of the hardest things for me is staying glued to a computer screen and focused for hours at a time.
I trade the forex for a living, but I trade forex futures mostly. I also have a forex cash account on a separate computer. The benefit of trading the forex spot market, or cash market, is that you can de-leverage, and hold positions for days. I get better fills in the futures market, and it is better suited to Day Trading.
When you say “Futures” are you referring to cattle and cotton and oil futures, or do you mean Forex Futures? Your question is too general, like how do you master auto mechanics? You study and you train. Come back and ask again if there’s something specifc you don’t understand.
Day Trading Forex Futures and Stocks with Invisible Indicators
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