Thread: Forex Vs Stocks
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Old 26-08-2007, 22:20   #54
ampris2000
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Re: Forex Vs Stocks

the leverage and equity has nothing to do with a persons success rate.

it's more so their money management and proper chart analysis. fx isn't a huge sideways market. it depends on the chart analysis. such as why did the aud / usd have a big move up when it was going down on the daily chart ? because it is in an uptrend on the monthly chart and hit a support point. that's not hard is it? but many people try to day trade and don't analyze all the chart info properly.

eur/gbp is in a triangle on the monthly. that's why it's so jerky, but whenever it breaks out, this is the opportunity for some huge money. not only because the move will be big, but eur/gbp doubles your pip value.
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