Topic: Forex Trading - page 3. (Read 4399 times)

I think the risk is bigger than in forex trading than crypto trading because we can lose in anytime and learn forex trading, it will more difficult than the crypto trading. we need to know more instrument to make an analysis on the forex trading but in the crypto trading, we can learn only one analysis which will help us to trade and determine the coin.

In my opinion between forex trading and crypto trading has the same risk. In forex trading we can minimize the risk by use lower leverage. And technical analysis is work better in forex trading than crypto trading. Make profit or get loss will be depend on risk and money management each trader.

It's because forex is 100 percent base on economy while cryptocurrency is just a percentage based. That is why if the economic connected trades go down, the asset will also go down. That's the worst thing in forex. In cryptocurrency, only if the project had bad news, that's the only thing this go down. But forex is inversely proportional to cryptocurrency.

Cryptocurrency is the best.

I read some comments and opinions about forex trading, currently I'm not interested because they are talking about big risks. even more dangerous than crypto trading.
maybe i did not hear a good part of forex trading.
I think crypto is more promising and I'm learning a better stage.

Forex trading is as much as risky but it is totally different from other trading. Forex trading is still better or good choice to get good profit earnings in Crypto world.

Did you check the advance option of the exchanges you think has no stop loss option?

If we could use MT4/5 in crypto I think its going to be a good platform but I think its going to very difficult unless they limit just about few coins to be traded with BTC. But then again its crypto, its pretty hard to just bet with pips because they price can swing wildly, you'd hit stop loss or margincall in no time when manipulated against the walls.

Do you mean trading on crypto exchange of CCEX compared trading on forex market in MT4 platform?  actually MT4 platform has more trading tool than platform of crypto exchanges. I see now some exchanges does not have stop loss feature and this is very risky trading,  but in MT4 forex trading is available this function,  stop loss and trailling  stop. In my opinion both has the same risk,  now depend on the risk management of each trader.

one day I was a forex trader yes you say the truth. Most of forex trader loser only a few traders there are gained. After taking cryptocurrency I saw this market is good enough than forex trading. Now I already suggested for Cryptocurrency market who would like to get a suggestion for investment. Now I feel good in Crypto trading than forex trading.

Forex is much harder to trade than Crypto, mainly because of how many different participants there are in the market.

Banks, Hedge Fund - basically private banks - Companies, Retail Traders, Mutual Funds, all these different players are actively involved in the Forex market, either to make money - in the case of Bands, Hedge Fund, Traders and Mutual Funds (Mutual Funds usually buy currency as a hedge for other risk) - or for business reasons - in the case of companies.

To trade Forex successfully you have to anticipate how all these different players are going to act/react to different events and then plan your positions accordingly. This is really tough 1. because of how many different players there are, and 2. because of all the different events and variables they react too, like economic news, speculative news, price rises and declines etc etc.

Crypto, on the other hand, only really two players:

Retail traders/investors - people like you and me - and Whale traders - traders who hold enough Crypto to exert a significant influence on the price. Some small companies probably buy and sell Crypto, too, but their influence is so much smaller than that of Retail/Whale traders there's no point taking them into account.

Having to anticipate how two sets of people react to different situations, as opposed to five like it is in Forex, makes Crypto much easier to trade than Forex, primarily because there's a lot less to learn and think about.

That doesn't mean it's easy though. It's still tough to learn everything you need to know to trade Crypto profitably, and there's a lot of variance in how people react to things, so it's not like you can predict what Retail and Whale traders will do all the time. But overall, once everything been taking into account, Crypto trading is significantly easier than Forex.

So if you had to chose between the two, I'd go with Crypto.

The really tragic thing here is that due to the inclusion of certain inexperienced traders, who are just here out of greed without any knowledge has led to an increased volatility in crypto trading. This increased volatility is unaccompanied by an increase in gains. So the profit to risk ratio is very disheartening this moment .

the good thing about forex is that strategies are being laid already and you can choose which to use defending on the kind of trader are you.indicators are better than the ones in crypto.The market moving on Forex however is faster and huge due to the leverages which can amplify profit and loss in just a day any trading, be cryptocurrency,stock or forex,risk is always involved in this kind of field,knowledge is always important thats why its better to read and understand how it works. Foreign exchange trading or simply forex is a global decentralized market for trading of currencies and it is the largest market in the world....

in a few weeks ago, my friend asks me to join into forex trading with a free account and free deposit. my friend teach me many things for the beginner but unfortunately, I don't understand and makes me confuse and in the end, I leave my account to him and maybe later I will try again. but still, I don't want to get involved in the forex trading, I am still afraid to trade in that platform even with the free deposit.

I think that cryptocurrency is a way sefter and easy to profit on market. It can forgive a lot of mistakes that Forex will punish hard for.

I don't know about trading forex but I heard that trading forex is really dangerous especially for people which don't have any knowledge and it can make them lose big money. I know this because some of my friends getting lose in trading forex and now they become stress because they don't have money to build a new business.

I would in your place choose the trade in crypto currency, as the crypto currency market was formed quite recently and on it as a beginner you have more chances to earn.

If I think we can generate more in forex every day than with cryptocurrency because it has more volume. We can try forex, for forex security, safer because, forex is a listed company so we need not fear that we will not be cheated.

Trading forex isnt really just for rich people but somehow i do understand your point when it comes to advantage having a very big account balance on forex. You would able to utilize your open or positions/orders but the fact once your account balance is floating negative once it do hit up a percentage where broker do limits you wont really have any chance to hold it up but definitely a blown up account.

Although I have no experience in Forex trading, I feel that the Crypto market is easier to make money. Because the forex market requires accurate future calculations and estimates. Geogre Soros is truly a talent when he has the ability to evaluate in the distant future and be able to control the market.
I'm not as good as him so I choose to trade in the Crypto market to invest and I think you should also trade in the Crypto market.

For myself choosing Forex is the same as choosing a setback in life, because Forex is so cruel in terms of trading (I think). It is good if Fores is given to the rich who have a lot of money that can not be depleted until 7 derivatives.

But for me Forex and Altcoins trading is much more different, I choose to trade Altcoins because every price down there must be a price rise and when it drops then my money is not exhausted (unlike Forex) but my estimation is reduced.