Forex and Stock Market
Having rather a lot in common these two markets are often confused. To make it clearer, some basic differences are described below.
First of all, the volume of involved money in stock market is a lot bigger, therefore an overall capital for trader to start buying shares should be in the range of $10,000-100.000.
Unlike forex market, stock market is only open 5 days a week from 9:30 AM to 4:00 PM EST.
Moreover, trading on the stock market is much slower and steadier.
Stock Market Trading
For successful trading on the stock market it is important to remember the following.
Because of the great amount of shares of various companies that the stock market is run with, it is almost impossible to foretell the move of shares of the specific company. Therefore, preparation is crucial. Keeping an eye on the news will help perform the better stock market analysis and reduce the risk of investing. It is wiser to watch the local news for the company of interest, as it can make the stock market forecast more achievable. Examining the stock market technical analysis in addition to the stock market news will assist in developing a good strategy.
Nevertheless, in spite of the safety and tranquility of the stock market, a 100% winning cannot be secured; moreover, there is also a chance of losing all your funds.