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Is FOREX tougher than Daytrading On STock Exchange?


Master Don Juan
Oct 17, 2005
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New York City
It feels like it...
No it is not. I have been trading that market for almost 15 years now.

After doing it for so long, I can confidently say that trading in general comes down to two things...
  1. You're ability to manage risk and preserve your capital.
  2. You're ability to control your emotional and psychological state.
You can learn all of best strategies to implement but without those two points above, you'll go in circles.

It's kind of like someone giving you a Rolls Royce to drive but if you have no idea how to drive a vehicle, you're going to end up crashing the car.