FOREX is a SAFER way to trade ???

There has always been lots of comparison between different trading platform on which is safer, more risky etc.

This topic has long been an ongoing debating issue. Today, im going to share
my personal opinion here on Forex Trading.

Forex trading, investment thru currency tradings. It is merely just another arena for investment trading. Not SHARES, Not Commodity, Not Soccer betting.

As a fresh beginner to this trading platform, I realised that one need to at least have a capital of 10000usd to have a proper kick start. REMEMBER, this is MONEY WAITING TO BE RISKED. NOT encouraged to use your whole wealth.

Next, compare on the different online forex trading websites and their leverage ratio. Some allows up to 1:200 for each trade. There is also "stop-loss" as an automatic cut off to the trading in the event of over-loss.

To me, this is the best arena of today compared to years back before internet era.

HOW I TRADE ? Simple, i study the current changes on the real-time pairs. Read up latest news from the morning and late last night when US market was active. Then, going by the analysed feeling, i place my bet. I trade recently actively on the MAJORs - pairs involving USD. If the US news is positive, I place a BUY against a piece of news posting negative. Thus, waiting to see if im right about my bet.

THIS IS SPECULATION !...not even what most investor termed as INVESTMENT. But as long as i make marginal profits, i close my trades and capitalised on the gains. With more and more BUYING POWER and riding on the good leverage ratio, i can go on to place bets in the similar manner.

Within a day, you find yourself earning more than 5000USD. NOTE ! on a day where currency is very volatile, you can lose OVER 20000USD. Setting you back to Square One.

Alright, this is my view. WHAT ABOUT YOU ?