Hello everyone
how's the weekend?! played soccer today - cannot move now - sitting home watching movies...decided to visit my favorite forum to see what's up! hope you're all doing great!
about FX popularity - well serious investors were here long before it became available for retail investors (it was 100 - 250k minimum investment if at all). it is defiantly becoming more more popular every day.
But still there are reasons that people are afraid of it prefer stocks. Most of them were mentioned here in this thread:
- stocks are related to companies that people can "feel" better
- stocks were available with much less minimum investment
- there is no control of fx market it is very difficult to be done if at all
- the mini accounts in-house trading that cause rumors/true talks about stop fishing on purpose slippage more are also causing people not to look at this market seriously enough. Of course I am talking about retail investor not someone that understs deeply how things work - usual people prefer staying away rather that getting into it - if it looks bad distance ...
yes there are in-house trading yes broker is the counter party yes there will be brokers that will fish your stops more more...how else do you want mini sized trades to be conducted? taken to real inter bank market?
old story...
But FX is gaining more more popularity more more serious investors are looking at it as a diversification tool seeing the potential...understing how it works.. stock market performance in recent years was a factor as well...
In brief I agree with the Idea in this thread that it will become more more popular... It should be beneficial for all of us.
Have a Great weekend everyone!