Thread: Forex Vs Stocks
View Single Post
Old 09-11-2005, 00:56   #13
ampris2000
level 3
 
Join Date: Oct 2004
Posts: 439
Downloads: 0
Uploads: 0
Rep Power: 0ampris2000 is an unknown quantity at this point
Re: Forex Vs Stocks

i haven't traded stocks, but from the little i know (and i could be wrong but).

with stocks, you have to pay a commission to trade. with forex you don't. you pay a spread which doesn't matter if you know what you are doing.
an example would be it would cost about $15.00 to $20.00 to place a limit order. I place alot of limit orders on various pairs quite often in forex since they're "free". if I did it in the stock market, i wouldn't have any money left to make a trade.

stocks close each day. forex is open round the clock.

with stocks i think there are different rules for selling vs. buying as far as account balance goes. with forex you can make money whether it goes up or down.
ampris2000 is offline   Reply With Quote