Last weekend, attended a wedding lunch of a soccer game friend, while on the way home, inside the MRT train, gone into a constructive debate with another soccer game friend. The topic in question is : Stock trading* vs Forex trading, which is riskier?
Being newbie in stock trading and completely zero knowledge on Forex trading, I have the impression that Forex trading is riskier than the stock trading (in view of its volatility), but my friend beg to differ. He is involved in both stock and Forex trading (but more active in the latter in the recent months), he viewed that the risk level of both instruments are almost the same but Forex trading has the upper hand as it needs smaller size of capital.
Following are some of our debating points :
Me : "For stock, we can assess the financial health of a company but the same cannot be said for Forex"
My friend : "Not true, ...
...