Dynamics of stock prices vs forex rates

[Mebo]

Hi,

I'm very new to trading and new to the forums. I'm rather successful with Forex with my very technical analysis. I basically just look at the carts assuming they'll tell me how an exchange rate will most likely to develop in the near future. The news do not, or only marginally, influence my decisions to buy or sells.

However, trading stocks this approach seems not quite right to me. In fact I notice that stock prices move very differently than exchange rates. I was now wondering how best to get into stock trading? I would be most pleased if anyone could suggest goo literature or a good tutorial about how to get started and how to apply news to trading.


MAny thanks!

 

[NVP]

hey Mebo.......just research research research on the internet looking at stuff that interests you ....go with the flow

all big forums have sections for stocks and other trading advice ....including this one

can i ask what rather successful means ?.......i would suggest you need 1,000 accumulated trades and in profit from a system to convince yourself you are doing well ?

N

 

[J_C_Anderson]

The main difference is that stock sometimes povide exellent "momentum trading" possbilities. For example, it can be long and strong uptrend after positive earnings results. Currencies are mostly range-trading, while stocks can grow for a long time. You can also trade small-caps with perfect risk-reward ration, and technical analysis works almost as in Forex.