MoneyMaker wrote: Tue Mar 09, 2021 9:31 pm Same here buddy! I too don’t like the stock market because of this reason.
Just wanted to know if you are a full time trader?

No, I've never been a fulltime trader. You?

Our world is changing though, soon neither Forex nor stock trading will be as relevant, it seems.

It's already happening in South Korea, where in the last 24 hours the trading volume of South Korean major crypto exchanges surpasses the countries total stock trading. Big exchanges like Coinone, Bithumb, Korbit, and UPbit passed the $14.6 billion mark on Sunday which is more than the Korea Composite Stock Price Index (KOSPI) total of $14.5 billion that was measure last Friday.

I honestly don't know how to feel about this.

mlawson71 wrote: Wed Mar 10, 2021 5:29 am No, I've never been a fulltime trader. You?

For me, I have been invested in forex trading for quite some times, but I think I am far from full time trader.

In the end of the day what matters is enjoying trading and being able to profit, regardless of whether one is full time or a part time trader.

Kingsauto wrote: Sun Jun 07, 2020 4:09 am Which one among this two is more profitable and easy to trade currency or stock?

There is no certain type of asset class which is more profitable and easy to trade because all markets are interlinked with one another. For example if you trade GBPUSD as a long term trader, you would want to monitor the movement of UKX and ES (SP500) because the Pension Fund Institutions are going to hedge and rotate their order book! If you see UKX (pink line) moving up and ES (blue line) moving down on a daily chart with the divergence of the black line (GB10Y-US10Y) also dropping , this is a time when you should consider selling GU (green line) at a micro scale! (Please find attached screens)

Therefore as a serious trader, you need to know the market correlations! The oil inflation is going to affect ES...ES movement is going to be a risk on/off environment for the currencies (ES goes up, currencies should go up! If not why are certain markets under-priced? If you KNOW they are under-priced, press the button!) And the bond market is also going to affect the currencies etc etc. This is how institutional traders trade! They aren't going to whine after missing a trade because they know the relationship of all markets so well, they can always pick another to trade!

Hope this helps!

mlawson71 wrote: Thu Apr 29, 2021 8:57 pm In the end of the day what matters is enjoying trading and being able to profit, regardless of whether one is full time or a part time trader.

Correct. Each person has priorities and goals, whether you can do full time trading or part time trading is totally upto you.

mlawson71 wrote: Thu Apr 29, 2021 8:57 pm In the end of the day what matters is enjoying trading and being able to profit, regardless of whether one is full time or a part time trader.

Absolutely loved this comment and I couldn't agree more with this.

Both in terms of profits and in terms of market predictions, I would choose currencies. But this varies with person to person as per their understanding and ability in trading.

The only reason anyone is interested in this is to make dosh. If it is an interest or a hobby, that's great too but once you actually put your real dollars on the line I think those fantasies disappear quickly- along with your cash. The attitude is just as important as any indicators you might have and you need to know the sharpest and the best are up against you every time you place a trade. The odds are fine if you treat it like a shark tank.

My 2 probably worthless cents about the instrument.... Forex is the safer bet if you trade the lower volatility pairs (I guess that's obvious) but the way each one moves takes time, a lot of time, to get used to. Indicies are great for casino like trading. You either need a very big bank roll for the stop loss or you trade at very small lots. After a lot of years mostly focused on the NAS my now favorite is CFD Oil. Also coming soon CBD oil, unrelated to trading but I think will be huge.