Thread: Forex Vs Stocks
View Single Post
Old 19-11-2005, 16:39   #20
MacDFx
level 1
 
Join Date: Nov 2005
Posts: 68
Downloads: 0
Uploads: 0
Rep Power: 3MacDFx is on a distinguished road
Re: Forex Vs Stocks

Quote:
Originally Posted by cornellj
Hallo MacDFx,

I agree that a major currencypair is unlikely to crash.
...
For me Forex is the safest financial instrument available anywhere.


As long as you're properly leveraged and practicing sound money management, then you should be OK trading forex. Newbies who plunge in head first without bothering to do their homework on the market dynamics of Forex will not fair well in their first year of trading, though. Which is probably why over 90% are losers over the long haul.
MacDFx is offline   Reply With Quote