Why It Is Easier to Make Money in Stocks Than in Forex: Trend
A picture is worth more than one-thousand words. In this series, I present to yo why the stock market is easier to invest in for the long haul than forex.
The Importance of a long-term bias & trends is that you can almost make money and retire with your eyes closed, given that you had sufficient enough capital and knowledge.
Large players and people can own a piece of Apple or Microsoft, but you can never truly create value from a fiat currency, just place a bet.
If you had enough capital, then which chart would you pick to place your money? A dividend paying stocks like Apple (AAPL) or a forex currency pair, such as EURUSD? Observe the 30 years of market growth and differences.
Some teachers say, "It is not you, it is the market." Well, in this case it is true. It is the market that you are in. Pull up a chart of USDHKD and see if you can find a good and reliable trend that you will invest in for the long-haul. No price action trader will win in an environment like that; just gamble their life away.
Observe the following chart of a currency pair called USDHKD and try t0 Fibonacci and technical analysis your way out of this one:
Now, let's observe a chart of the US SPX500 from the 1930s (approximately) to 2020:
The Importance of a long-term bias & trends is that you can almost make money and retire with your eyes closed, given that you had sufficient enough capital and knowledge.
Large players and people can own a piece of Apple or Microsoft, but you can never truly create value from a fiat currency, just place a bet.
If you had enough capital, then which chart would you pick to place your money? A dividend paying stocks like Apple (AAPL) or a forex currency pair, such as EURUSD? Observe the 30 years of market growth and differences.
Some teachers say, "It is not you, it is the market." Well, in this case it is true. It is the market that you are in. Pull up a chart of USDHKD and see if you can find a good and reliable trend that you will invest in for the long-haul. No price action trader will win in an environment like that; just gamble their life away.
Observe the following chart of a currency pair called USDHKD and try t0 Fibonacci and technical analysis your way out of this one:
Now, let's observe a chart of the US SPX500 from the 1930s (approximately) to 2020:
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