Trading currencies is a little like gambling in Las Vegas. You have to know when to buy and sell based on the spread of a pair two currencies. It's a very fast-paced style of trading. In stocks, you can look at charts of today's trading, the last week's trading, the last month's, the last year's, on up to the last decade's. In trading currency you click on 1 month, 1 week, 1 hour, down to 1 minute. You have to be really on your toes.
It's not the kind of investing for the faint-hearted. It takes some risk, but it also takes study and watching particular pairs, like the Euro and US dollar, or the Chinese Yuan and the US Dollar. It's only fun if you're in the plus column. It's such a sinking feeling to look up and see that you have lost 20% of your money.
It has taken me a while to settle on something to invest in, but now I think I have found a niche. It's my version of being around something lively, challenging, and productive even if it drives me into an ADHD world. If done right, it will provide profit along with its suspense and fast pace.
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