Why I don’t trade the forex markets! 🚫

[SaadPatel-kdqo]

As long as Money is made, that's what matters

[NoName-wlwv]

I've been learning for 2 years now and I've absorbed one thing those trading stocks will say forex isn't good, those in forex will say stocks aren't good, swing traders will say day trading and scalping aren't good, scalpers will say swing trading isn't good. Overall, every trading style and market can make money. You need to find what suits you higher timeframe or lower timeframe, stocks or forex.

[traderzoloo]

Trading is Trading. Does not matter what we trade. It depends on what you are mastered on.

[jjdiaz]

Forex is not for everyone, you already said it, the concept is the same.

[example]

I've been trading the fx markets for 15 years and I am just now learning by these comments there is a vast amount of people that seem to think it's a hard market to trade 😅 it's exactly the same as any other market. I'm a fx prop trader but have personal accounts for trading stocks and crypto, it's the same concept. It's all about understanding people

[silkroad]

Forex is so much easier to predict though. Financial news (which is released all the time) typically has a big impact on certain pairs, and the movement of those pairs has a big impact on other pairs.
It's a very predictable market when you don't overthink it.
Some of the richest people in the world have made billions in the forex market.
It's not just for 23 year old YouTubers

[Muller-od]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[mr.kurtezfx]

Tbh every successful Forex trader doesn’t give a dam about centralized transactions.

They trade what they see and make profit end of story.

[LadyDiva]

This dude is replying on being transparent. As in knowing exactly what's going on in real time.... 🎤 Drop

[campionecampione]

You give us always clear information. Thank you bro ❤

[sidneymwangi]

there is nothing like manipulation by a broker... if you dnt know how to trade you dnt....

[ITSUNCLEJESSE]

Not everyone will get what he said until they start following the real money. It’s very much easier for forex to be manipulated by big institutions and bots. In stocks you can see the order flow time ans d volume and if you enter at the right time you can be unstoppable

[cashflow]

Trading is trading but money circulation is different.. one market can have more volume and volatility then others

[wackytackyhacky]

I think the difference here is whether you're trading the CFD of stocks or buying/selling and owning the stocks (this is where there is buyer and seller involved). Therefore, it would be the same "type of trading" with Forex if you are trading CFD of stocks because we technically don't "own" the stocks/forex. We are just trading the movements.

[chicagomycity]

Exactly, the lack of REAL accurate volume is why I decided to pivot away I had to move away from it. My strategy depends on volume (specifically relative volume by time) so I just trade futures and options because the volume is accurate and available.

If your strategy only relies on price action, then you should be able to theoretically trade any market.

[IrsergioI]

Very true..forex is full of crooked brokers. (Broker manipulation) however, I used forex and its ridiculous leverage to grow my account and switch to futures.

[MoonMission_FX]

My trade history enters the chat. Dont be scared of Forex people. Learn the pitfalls, execute trades with discipline and get the bag.

[Easymadeit]

Everyone’s missing the point he is making here. He’s basically saying that in forex there could possibly be foul play here where someone controls the market on a certain pair that has trillions of dollars that can manipulate the market a little bit to go one way and completely change or reverse a trend in their favor unlike buying contracts where you can actually see the price that individual people are paying for that’s centralized

[nunu]

To trade forex you gota be REALY good at trading.

[suredude]

Tbh Forex is A LOT EASIER to understand and trade than stocks