Stock market vs. forex for beginner

[max333]

Can anyone tell me which easier to learn for beginner? Stock market or forex? I guess this subject is not new,im interested in both markets and started to read but just wondering which easy to start with. Can anyone suggest any good books for beginners in forex and stock .only started to read share market for dummies not bad but not that great !!any help will be much appreciated .
Thank you

 

[burglar]

Can anyone tell me which easier to learn for beginner? Stock market or forex? ...

Hi max333,
Welcome to ASF.

Both are designed to take your money!!

 

[Wysiwyg]

I recommend to start off watching the movement of stock market/s and stocks you like on an End Of Day time period. You can record this information in your head or on charting software such as Amibroker. There are free chart software but I haven't used any for so long I don't know what they are. Google anything you want to know. You can jump in with hard earned/saved money but I reckon the wolves will eat you. There are no friendlies in this game. It is cut-throat at its finest and less than half (so I have read) stay with it and survive or make some decent money.

Forex is the ultimate game of cut-throat. Price can swing wildly on anticipation one way and news in another and it can happen while you sleep if you leave a position open. On top of that, if you leave a position open then sleep is an issue because it is always in the back of your mind, what is the price doing. Has my stop been hit, am I in profit etc. Can be overcome but the stress isn't worth it. Google 'whipsaw financial'.

Remember RISK (and that amount is up to you) is what you deal with in both markets. You could die the death of a thousand cuts or lose it all in one go. Start with End Of Day (EOD) learning of stocks and see how you go.

 

[Wysiwyg]

Both are designed to take your money!!

Oh I think it is the decision of when to sell that is the ultimate decider and the market and thy makers are always right with that.

 

[tech/a]

Would you rather fight the fat kid who watches TV all day or Cain Velasquez.

 

[pinkboy]

Hi max333,
Welcome to ASF.

Both are designed to take your money!!

With utmost respect to you Burgler, a little harsh on those none the wiser.

Perhaps it could be rephrased to read: 'Without the right knowledge, education and time spent researching the market - both forms of trading will take your money.'

Max333, hang around here for a while and get to know some market strategies. For the moment, park your cash in a high interest saver, until you are ready.

pinkboy

 

[>Apocalypto<]

Would you rather fight the fat kid who watches TV all day or Cain Velasquez.

Classic very very good Tech

 

[barney]

Classic very very good Tech

Haha .... yeah that was one of your best Tech ..... right up there with the "punch drunk boxer on ice" from a couple of years back

I note a boxing theme ..... Milo Kerrigan is my favourite boxer


ps. Max ....... Forex is a minefield for the unwary ... be careful .... or quick!