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What is the difference between speculating in foreign exchange and speculating in gold? Which is more profitable?
Foreign exchange trading is very similar to spot gold trading, but because foreign exchange trading involves more currencies, you need to know more information every day and see more K-charts than gold. Under the same technical and psychological conditions, it is easier to speculate in gold than in foreign exchange. There is a saying in the industry that it is better to speculate in foreign exchange than in gold.

Foreign exchange trading object: There are many kinds of foreign exchange, so it is necessary to choose a few foreign currencies for foreign exchange trading. It takes a lot of time and energy to analyze them one by one.

Fluctuation of foreign exchange market: the short-term fluctuation of foreign exchange market is small and there are not many profit opportunities.

Market capacity of foreign exchange: the daily turnover of the foreign exchange market reaches 1 trillion US dollars, which is only one third of the gold market.

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