Worldwide Forex Trading Meetup Message Board › Forex or futures

Forex or futures

dan
Posted Mar 3, 2008 11:26 PM
user 6623468
Chicago, IL
Post #: 1
I am new to a couple markets... I am not sure if I want to trade futures http://www.lotusbroke... or forex http://www.forexte.co...

I have traded stocks for some time but want to get into currencies. I hear the futures market is better because it is at a central exchange
SEUN OLATUNJI
Posted Dec 10, 2008 10:54 AM
anticent
Lagos, NG
Post #: 2
Future is much more risky than forex but also very rewarding. Future is like betting that something will happen in the future and you are so sure that you are willing to part away some money for that. If you are right fine u make money but if u are wrong kiss the dollars goodbye. Trade futures only in the field you know of very well.
Anne
Posted Apr 1, 2009 7:43 AM
user 8290541
Commerce, OK
Post #: 2
Futures contracts detail the quality and quantity of the underlying asset; they are facilitating to trading on a futures exchange. Future contracts are more risky it is better to stick with forex until you are ready to bear the risk of the market.
A former member
Posted Jun 3, 2009 1:14 AM
Post #: 16
A future establishes the purchase or sale of a certain financial product at a certain price and date which were previously established by the contract. Trading in futures is not about an actual purchase or sale, it is about the speculation of the trends which will establish the future price of a certain financial product. As opposed to the trade in options, in which the trader can choose to fulfill a trade, here the trader is obligated to comply with the terms established within the contract, and buy or sell accordingly.

Finexo, online forex broker offers its traders a leveraged, online trading in more than 300 types of futures in 21 stock markets worldwide, in which the traders can trade in a selection of financial products: currencies, bonds and commodities such as: gold, silver, oil, gas and coffee among many others.
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