If you had 1,000$, would you invest in Forex or in stocks? And how would you make it profitable?

By FXVNOL

QuestionsCategory: QuestionsIf you had 1,000$, would you invest in Forex or in stocks? And how would you make it profitable?
1 Answers
FXVNOLFXVNOL Staff answered 5 months ago

1,000$ actually is not too small neither too large. If to know basic how market work, 1,000$ is more than enough. But if you want to make 10,000$ from 1,000$ it is a quite not easy task. So you need to ask yourself first what you going to make from 1,000$? What is your goal

  • Once you have your goal, then you find a tool, away to reach to your goal. Read about SMART goal, which stand for :
    • Specific (simple, sensible, significant).
    • Measurable (meaningful, motivating).
    • Achievable (agreed, attainable).
    • Relevant (reasonable, realistic and resourced, results-based).
    • Time bound (time-based, time limited, time/cost limited, timely, time-sensitive).
  • In my personal, forex is more suitable for you. Actually forex market provide much more options than stock
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