Is forex like stocks

Is forex like stocks

The forex market is open 24 hours a day, 5 days a week, due to the overlap between time zones. This is one of the advantages of forex trading over stocks. On the other hand, there is a set daily timetable for stock market trading hours, depending on the specific region and exchange 8/14/ · For me personally, Forex is absolutely unlike stock. At least the essence of work and training are completely different. AhsanMalik July 27, , pmEstimated Reading Time: 6 mins 2/8/ · One of the biggest differences between forex and stocks is the sheer size of the forex market. Forex is estimated to trade around $5 trillion a day, with most trading concentrated on a few major Author: David Bradfield

Forex Vs Stocks: Top Differences & How to Trade Them

The concept of trading makes sense to me. You believe an asset or currency will either go up or down. Then tomorrow is forex like stocks and The spot price of EURUSD is 1. Thank you in advance. I appreciate your help. Maybe how you can envision Forex is, you take a vacation to FIJI so you go to a money exchange place to exchange USD to FIJI dollar or whatever the currency is you buy FIJI dollars using USD.

You do your research and you find that the value of USD had fallen drastically because Pee Wee Hurman was elected president. Something like that. A trade for a private retail forex trader not a bank is a bet. The broker accepts other bets from other clients that take the opposite view. This means that if the rate goes up you will receive money from the clients who bet that the rate would go down. In your example that is the Euro. In your example that is the USD. Your visionong of the stock transaction is the same for Forex.

In Forex there is always a buyer for your sell transaction or a seller for your buy transaction. You can pull out at any time, either when your chosen horse is winning or level or indeed lagging behind. Thanks for that explanation! Then when I decide to close my trade, and now EURUSD is 1. That would put me at a loss. I now have 7.

This is is forex like stocks by converting my JPY into GBP, is forex like stocks. You exchange your 7. In fact you have not bought anything. Neither have you borrowed anything, is forex like stocks.

You have simply agreed with the broker who does not even own any GBP or JPY that if the price goes up they will pay you some money and if it goes down you will pay them some money. Why do is forex like stocks need to think about this so deeply? Do you have MT5 or MT4?

You will see that you would have bought GBP and at the same time, sold JPY—in your account currency. Now say tomorrow comes and EURUSD is 1. Forex and stocks are completely different scenarios. Forex are pairs of two currencies includes buying and selling whereas stocks are more of a like single unit investment. So, it is not fair to say forex like stocks.

When we trade forex we are not buying currencies or selling currencies. A forex pair is not a two-unit investment, its not an asset. A position on a forex pair exchange rate is just a bet with the broker, its not ownership of is forex like stocks. For me personally, Forex is absolutely unlike stock.

At least the essence of work and training are completely different. honestly speakingi is forex like stocks never seen a major difference between stock and forexits all about samebut i like Forex mostly. the main difference between a stock market and Forex is that trading in a Forex market involves simultaneously buying and selling currencies whereas trading in a stock markets requires either buying shares in a stock or selling shares in a stock…. One of the differences is that stock market requires you to track only your domestic market while to trade forex you will have to keep track of events in the global economy mostly the economy of the two countries whose currency pair you are interested in trading and their relation to the world economy.

Are you saying Amazon, Tesla, Twitter, or most other large caps stocks who operate on a global level are not affected by global events? Simply put, the first currency in the pair is the currency that you are buying or selling.

In this case, it is EUR, is forex like stocks. Is Forex like stocks? Beginner Questions. Candlesticks, Chart Patterns, and Price Action. amatias May 19,am 1. Hi everyone, The concept of trading makes sense to me.

Now with how would I envision this with a forex trasnaction? longshottrader May 19,am 2. tommor May 19, is forex like stocks,am 3.

No currency XXX or YYY ever changes hands. We are betting on numbers, not intrinsic value. BeeTrader May 19,pm 4. peterma May 19,pm 5. Or you could go to a horse race - there are only 2 horses in the race. You can lay down your wager at any time - even after the race has started. You can choose either horse you fancy You can pull out at any time, either when your chosen horse is winning or level or indeed lagging behind. Thus the attraction of FX - how could a person lose. amatias May 19,pm 6.

Hey Longshottrader! LauChoKun May 19,pm 7. its a very nice replythanks Bee trader for you nice post with more information. amatias May 19,pm 8. say GBPJPY is is forex like stocks at the spot rate of you started with 1,yen and now have 1, Bipin May 19,pm 9. tommor May 19,pm longshottrader May 19,pm amatias May 24,am is forex like stocks Thank you, is forex like stocks, this has made more sense. At that point I am now in a position.

tommor July 27,am fraksin July 27,am AhsanMalik July 27,pm Bipin August 1,pm MattyMoney August 1,pm Ledgerla12 August 14,am

Forex vs Stocks – What is the Better Market?

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Forex vs Stocks: What are the Differences? | CMC Markets

The forex market is open 24 hours a day, 5 days a week, due to the overlap between time zones. This is one of the advantages of forex trading over stocks. On the other hand, there is a set daily timetable for stock market trading hours, depending on the specific region and exchange 8/19/ · Deciding whether to invest in the foreign exchange markets (forex) or stocks/stock indexes depends on the trader's or investor's risk tolerance and trading style. Specific elements to compare 8/14/ · For me personally, Forex is absolutely unlike stock. At least the essence of work and training are completely different. AhsanMalik July 27, , pmEstimated Reading Time: 6 mins