I've done some reading on Forex recently, and it has some nice advantages over stocks (24 hour market, no commissions, greater leverage, not as news-driven as equities, etc.). Greater leverage is a nice advantage, since it means potentially bigger profits, but then again, bigger losses as well.

I've also read that the trends on Forex charts are easier to spot, and the trends tend to run longer than stock trends. Easy trends along with minimal commissions and greater leverage seems ideal for daytrading.


Right now, I'm learning how to swing trade stocks and I hope to eventually move into daytrading stocks.

However, if Forex is better suited for daytrading in the long run...I might as well just learn Forex instead of stocks. I'd hate to spend years learning one thing only to switch to another.


Thoughts? Is Forex really more profitable and ideal for daytrading over stocks?