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Originally Posted by rhodytrader
You really need to take a look at the plus and minuses of all the markets you are considering. Forex is a great market for part-timers because they can trade at any time. It can be a hard market for someone who favors a more fundamental approach - or at least who wants to understand the fundamentals, as they can get rather confusing at times.
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rhodytrader,
yes I definitely like the 24 hour aspect of this market. I also prefer to chart trade at least in this early stage of my trading career. Maybe since I am still struggling to understand the fundamentals and its impact...
Hopefully one day my trading preference will actually be not based on ignorance but on an informed choice
Quote:
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I also believe that forex trading may not be the best introduction to trading in general. Finally, if you do choose to trade, it is worth your time and effort to study the mechanics of how forex trades are executed. This market is different than other OTC markets.
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ok, thx for your honest opinion toptick7. but may i ask why it is that forex, in your opinion, might not be the best intro to trading? just curious...
Also, what makes it so different that other OTC markets?
maybe having this insight will help me out
as always, thx everyone for the opinion and feed back. it's very appreciated.
P