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What's the difference between forex trading and stock trading?

» General Trading
  • Forex trading involves buying and selling currencies, while stock trading involves buying and selling shares of companies.
  • Forex markets are open 24 hours a day during the week, offering more flexibility compared to the stock market's set trading hours.
  • Forex trading is typically done on a much larger leverage than stock trading, meaning potential for higher profits as well as higher risks.

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What's the difference between forex trading and stock trading?

So I'm tryna wrap my head around the whole trading game and I keep bumping into these two: forex trading and stock trading. They kinda seem like they’re cut from the same cloth, but I ain't too sure. Can someone break down the real deal differences between these two? I get that forex is all about those currency pairs doing their dance, while stocks are like pieces of a company and all, but what’s the nitty-gritty that separates them traders-wise? Like, what's the vibe with market hours, the whole volatility scene, and getting in and out of trades? Just wanna know what I'd be getting myself into with each and what the pros and cons are from those who've been in the trenches.

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