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What is easier, stocks or forex currency trading?

I am wanting to start investing some money, not to get huge profits, but more to learn a bit about investing, business etc. I was wondering, what is "easier" to start with; stock trading, or forex trading, and what are the pro´s and con´s of each. Thank you!

Public Response to What is easier, stocks or forex currency trading?

  1. It's very very easy to get research on a company and its stock, easy to trade on online broker platforms, and easy to get approved for such an account. So, that'd be a wise move for learning about investing and businesses. Forex is the largest market in the world, and you can trade 24 hours a day, which is fun; however, it's more complicated to find a good forex broker, plus most of their products are highly leveraged, which means you can quickly lose your shirt without realizing it. The forex market is vast and complicated. It requires understanding of terms like "ticks" and "pips" and "yard" and "cable" and "mio" and base vs quoted currency, restricted markets, etc. Your volatility can increase on any number of variables, and the real players in this game are central governments and investment managers, who are moving hundreds of millions of dollars at a time, which can skew the value of your deal in an instant. Play with platforms that allow you to do this stuff for free, and see what you learn without actually losing real money.
  2. I would choose forex; BUT, not because it is easier. I would choose forex because you could get started with a much smaller amount of money, (therefore loose a lot less). Initially, you should be reading everything you can on trading. Trading is all the same no matter the instrument you choose. Get the basics down and start on a simulator first. At this step it does not matter if the simulator/demo account is for stocks, emini's, or forex. You'll get experience how your market moves and get an idea of how to input orders, size your positions, and place stop losses, etc... Once you feel comfortable with your knowledge and the demo account, you can open up a small account to start placing small trades. Keep in mind, most new traders loose most of this money rather quickly. So the less you put in the better. With Forex you can open an account for 100 bucks or less. With stocks I believe you need atleast $2000 and that is assuming you are not going to be day trading. If you are going to be day trading the minimum for stock accounts jumps up to $25,000. If you do well in forex trading, you can always apply your knowledge to stocks if those fit your personality better. The main thing is to learn the fundamentals of trading first, while loosing the least amount of money. Once you understand what your doing then you can ramp up your trading to higher levels.
  3. stocks is much slower and need more capital. forex is more risker and suitable for daytrading with less capital
  4. If you want to learn about investing and business, you want to start trading in the stock market. The simple reason is a lot goes into researching stocks before investing. By doing this, you'll learn a lot about the business world. You said your purpose is to not earn huge profits which is perfect. You could purchase 1 or 2 stocks of numerous companies just to learn. So the pro's to investing in stocks is being able to research before investing, many trusted brokers, don't need a huge investment to be able to experiment in the market. The cons are: The market is only open for limited hours, slow returns on investment, and there are thousands of stocks to pick from, making an investment decision difficult. The forex market is the largest market in the world. Pros: More hours to trade, larger and quicker returns on investment. Cons: Not a lot of trusted brokers, reliance on technical indicators to make trading decisions. Usually traders use technical indicators or moving averages to make trading decisions. These indicators are not always correct.
  5. Neither are easy and both have a lot of risk involved! There are heaps of great sites out there with basic information on trading Forex and stocks. http://www.forex-trading-on-line.net/forex-basics.html has some basic information on getting started with Forex. A simple google search should bring up a heap more info!
  6. Neither is easy. If you want to make money fast, avoid both. However, if you are willing to spend a couple of months learning the fundamentals, I think trading currency is a lot more fun and takes a smaller amount of capital to get started. Besides, the currency market is never sleep. While trading activities in New York may have stopped for the day, the Australian and Hong Kong markets are still widely awake and highly active. You can trade currency anytime you want, anywhere you live.
  7. forex is easier but its risky compared to stock. Easy, why? because in forex, you can trade at your own comfort. It is available 24 hours a day, 5 days a week. So basically, you can trade at your convenient time. Risky, why? Currency value change so fast. you can earn money in a short time but could also lose in a blink of an eye.
  8. Easy to start forex, funds, indexes, commodities and free real money start easy to study make profit http://www.forexth.com