Both are good ways to make some money with,my personal fav is forex.Just because its a great financial instrument in which awesome profits can be achieved.I recommend you first get educated on what forex is n the basic prinicples of trading n such.Then I would practice trade for a least a month to 2 month.This will allow you time to to develop a personel trading strategy n practice what you have learned.
Forex ea’s or robots can work I’ve tried a couple out for myself n here’s my top picks:forexautopilot.com,forex-killer.com fapturbo.com all great.I have achieved substantial profits with all 3.Also is a great website for people that are new to forex.It explains what exaclty what forex is how it is traded n etc.Just remember that significant risk is invloved as in other investment.Hope that this helps you out n the best of luck to you.
Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
These are the two advantages of forex market
Profitable Forex Opportunities 24 Hours a Day
Currency rates are forever fluctuating depending on supply and demand and economic and political influences in countries all over the world. The aim of any Forex trader is to spot which currency will next rise or fall in value against another currency.
Since profit can be made from both increases and decreases in a currency it means the Forex market is extremely appealing and potentially very lucrative for anyone willing to give it a go.
You can think of Forex as the currency equivalent of stocks and shares although it should also be noted that Forex has many big advantages over stock trading.
As mentioned money can be made no matter whether a currency rises or falls, Forex is traded with a leverage which means if you trade with say $100 you do not get $100 of currency, you will get many times more than this perhaps as much as $40,000.
This does not mean you physically have $40,000 for a $100 deposit but rather that you can earn a percentage of that $40,000 if the currency fluctuates in your preferred direction.
This is useful because in Forex currency trading fluctuations are often merely fractions of a cent. With a high leverage you are able to profit much more substantially from these small fluctuations than you would if you had no leverage and only a small amount to trade.
Small Investments – Incredible Returns!
Therefore, the leverage means that even with only small amounts of money you can still quickly earn big profits from trading Forex online!
This is not a luxury that any other form of trading can usually offer. What’s more you can now open mini Forex accounts online with less than $100 leaving Forex trading open for anyone to take part.
Despite the fact that stocks and shares is more commonly known and understood than Forex currency trading, the Forex market remains the worlds largest trading market with more than 1.8 Trillion dollars trading hands on a daily basis.
It is the fantastic benefits and earning potential of Forex that makes it such an attractive proposition to both individuals and major corporations.
It is no secret that multinational banks have been trading the Forex market for years, many rely on it for a substantial income stream that allows them to be much more competitive in the key areas of their business.
In summary then, Forex trading is all about trading currencies and benefiting from fluctuations in exchange rates. It is surprisingly easy to learn Forex trading and begin making profits, however, we must stress that before rushing to deposit money and start trading you should ensure you fully understand the market
A lot of information about forex trading,forex demo account,list of main companies,where you can study with opening free forex demo accounts are in source below:
FX can make more money because of higher leverage, but you REALLY know what you are doing to manage your risk and not expose yourself to margin outs. I like FX more as a trader since I feel it is completely free of random regulations about short sells or other BS and you can pretty much do what you want. On the flipside of the freedom is wild west style moves that may happen at 2am or 6 am or whenever you are not looking or sleeping.
As for automated programs, never trust anything for sale on the internet since high quality programs that really work are worth more to hedge funds or the creaters themselves than puny subscription fees. I happen to be working on my own, however, since I am the making it I am aware of its particular nature and how it should work. When you buy off the shelf you have no idea if the thing is working right until you blow out your acct.
forget about automated forex trading, only consider automated trading if you are a programmer to the mql language.
if you are serious to invest, you can search HSFX Asset Management in google engine and start making consistent return!
Hi,
I follow Warren Buffett’s { Bill Gates} investment philosophy who invest 10% of their portfolio into global forex. With real estate and stocks down this 10% has made millions in recent years for both Buffett Gates. As for me, I am a financial journalist/author specializing in this field and am in the forex markets everyday.
Therefore i would suggest you to balance your portfolio in a better way in order to minimize risk.
Regards
To answer your question, I have used Fapturbo recently and found that it works extremely well. Trouble is, so many people have purchased it, that many brokers are banning it because they can’t handle thousands of traders all making the same very short term (i.e. in and out in a few minutes) scalping trades at the same time.
It’s a liquidity problem, not for the forex market, but for the brokers.
So if you decide to purchase this program, make sure you choose a very large broker. But some brokers also adjust their spreads during certain trading hours. Fapturbo only trades during the Asian session of the market, when volatility is characteristically low.
If you decide to trade manually, from my personal experience, you should be aware of a couple of things.
1. Don’t be fooled by the look of a bar or candlestick chart before it completes itself, especially if it’s a short term (e.g. 10 min) bar. Currencies fluctuate so rapidly within a short time frame that what can appear to be one thing, can quickly change into the opposite signal.
2. Only risk a very small amount of your capital. This way, if the price action goes against you, it gives you the chance to ride it out until the price returns to a profitable position. The process of riding it out may involve taking trades in the opposite direction until the currency reaches a ‘pressure point’ (e.g. fibonacci numbers, support/resistance levels) where you take profits and then take a further position in the same direction further out from your original one. When you do this, be sure to compare the short term with the longer term (e.g. daily, weekly) trend to make your decisions.
3. Ensure your trading platform allows you to hedge your positions if necessary, so that you can lock in your losses until it becomes clear which way the price is going. This means for example, that if you have sold a currency pair, that you can also buy the same pair while keeping the original trade open.
4. Short term volatility spikes are often a good thing to trade. When you see a 15 min bar chart explode in one direction, taking a quick trade in the opposite direction can bring you a quick profit. If it keeps going, take another trade with the same outlook, further on. Soon it will return to an equilibrium (in the short term) and you can take a profit on the further on trade while breaking even on the first one.
With all the above, don’t forget your trendlines, fibonacci numbers and usual technical analysis to determine your original decisions.
Hope this helps.