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Forex Trading

Updated: 4/7/2023
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mario kht

Lvl 2
1y ago

Best Answer

study have shown that only about 5% of forex trader makes a fortune from trading , lot and lots have lose fortune, To be among the 5% you have to have an edge, a system.

I have placed a link in my bio that you can check out

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Wise Idea

Lvl 2
2y ago
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prince nyathi

Lvl 1
2y ago
Most forex traders do not take the time it takes to learn forex and just jump into the markets,instead of using the money to buy 90% accurate forex signals or better yet take a course in forex or cryptocurrency
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Simarpreet Singh

Lvl 2
2y ago

The Forex trade market is the place where monetary forms are exchanged. Monetary standards are significant in light of the fact that empower acquisition of labor and products locally and across borders. Global monetary standards should be traded to lead unfamiliar exchange and business.

On the off chance that you are living in the U.S. what's more, need to purchase cheddar from France, possibly you or the organization that you purchase the cheddar from needs to pay the French for the cheddar in euros (EUR). This implies that the U.S. shipper would need to trade the same worth of U.S. dollars (USD) into euros. The equivalent goes for voyaging. A French vacationer in Egypt can't pay in euros to see the pyramids since it's not the privately acknowledged money. Thusly, the traveler needs to trade the euros for the neighborhood cash, for this situation the Egyptian pound, at the current conversion scale

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Emmanuel Ward

Lvl 1
2y ago
how did you get that?
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Dean Mueller

Lvl 1
2y ago
nice thx!

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Bhawya digitalsansth...

Lvl 5
1y ago

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Tun Lin Aung

Lvl 3
1y ago

Forex trading, also known as foreign exchange trading or currency trading, is the buying and selling of currencies on the foreign exchange market. The foreign exchange market is a decentralized global market where the world's currencies are traded.

In forex trading, traders buy and sell currencies in the hopes of making a profit from the fluctuations in their exchange rates. For example, if a trader thinks that the value of the US dollar will increase against the value of the euro, they might buy US dollars and sell euros. If the value of the US dollar does indeed increase, the trader could then close their position and realize a profit.

Forex trading can be a complex and risky endeavor, and it is not suitable for everyone. It is important to understand how the foreign exchange market works and to be aware of the risks involved before starting to trade. If you are interested in learning more about forex trading, it is advisable to seek out educational resources and to speak with a financial advisor or a registered broker before making any trades.

If you are interested about forex trading. You can learn step by step for beginner. Read more ( Pls rewrite all the small letter) ʜᴛᴛᴘꜱ://ʙɪᴛ.ʟʏ/ꜰᴏʀᴇx99

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Tun Lin Aung

Lvl 3
1y ago

Forex trading, also known as foreign exchange trading or currency trading, is the buying and selling of currencies on the foreign exchange market. The foreign exchange market is a decentralized global market where the world's currencies are traded.

In forex trading, traders buy and sell currencies in the hopes of making a profit from the fluctuations in their exchange rates. For example, if a trader thinks that the value of the US dollar will increase against the value of the euro, they might buy US dollars and sell euros. If the value of the US dollar does indeed increase, the trader could then close their position and realize a profit.

Forex trading can be a complex and risky endeavor, and it is not suitable for everyone. It is important to understand how the foreign exchange market works and to be aware of the risks involved before starting to trade. If you are interested in learning more about forex trading, it is advisable to seek out educational resources and to speak with a financial advisor or a registered broker before making any trades.

If you are interested about forex trading. You can learn more step by step for begineer. Read more (Pls rewrite all the small letter) ʜᴛᴛᴘꜱ://ʙɪᴛ.ʟʏ/ꜰᴏʀᴇx99

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Josphat tipilit

Lvl 4
1y ago

Forex trading, also known as foreign exchange or FX trading, is the buying and selling of currencies on the foreign exchange market 𝘩𝘵𝘵𝘱𝘴://𝘸𝘸𝘸.𝘥𝘪𝘨𝘪𝘴𝘵𝘰𝘳𝘦24.𝘤𝘰𝘮/𝘳𝘦𝘥𝘪𝘳/415590/𝘖𝘥𝘪𝘱𝘰𝘰𝘨𝘰𝘨𝘰/with the goal of making a profit. The foreign exchange market is the largest financial market in the world, with a daily trading volume of over $5 trillion. It is open 24 hours a day, five days a week, and is accessible to anyone with an internet connection.recomendation 𝘩𝘵𝘵𝘱𝘴://𝘸𝘸𝘸.𝘥𝘪𝘨𝘪𝘴𝘵𝘰𝘳𝘦24.𝘤𝘰𝘮/𝘳𝘦𝘥𝘪𝘳/415590/𝘖𝘥𝘪𝘱𝘰𝘰𝘨𝘰𝘨𝘰/

There are a few key things to understand about forex trading before diving in. First, it is important to understand that currencies are traded in pairs. For example, when you buy the EUR/USD currency pair, you are essentially buying the euro and selling the US dollar. The value of the currency pair is determined by the supply and demand for each of the currencies in the pair. recommendation 𝘩𝘵𝘵𝘱𝘴://𝘸𝘸𝘸.𝘥𝘪𝘨𝘪𝘴𝘵𝘰𝘳𝘦24.𝘤𝘰𝘮/𝘳𝘦𝘥𝘪𝘳/415590/𝘖𝘥𝘪𝘱𝘰𝘰𝘨𝘰𝘨𝘰/

The foreign exchange market is also highly leveraged, meaning that traders can control large positions with a relatively small amount of capital. This can be both a blessing and a curse, as it allows traders to potentially make large profits, but also exposes them to the risk of significant losses. It is important for traders to carefully manage their risk and to only trade with money that they can afford to lose.

There are a few different approaches to forex trading, each with its own set of advantages and disadvantages. Some traders prefer to use technical analysis, which involves studying charts and historical price data to identify patterns and trends that may indicate future price movements. Others use fundamental analysis, which involves studying economic indicators and political events that can impact the value of a currency. Still others use a combination of both approaches.

Regardless of which approach a trader chooses, it is important to have a solid understanding of the fundamental factors that can impact the value of a currency, such as interest rates, inflation, and political stability. It is also important to have a disciplined approach to trading and to stick to a well-defined trading plan.

Forex trading can be a lucrative venture, but it is also a high-risk activity. It is important for traders to educate themselves and to thoroughly understand the risks before getting involved. As with any investment, it is important to do your own research and to only trade with money that you can afford to lose.𝘩𝘵𝘵𝘱𝘴://𝘸𝘸𝘸.𝘥𝘪𝘨𝘪𝘴𝘵𝘰𝘳𝘦24.𝘤𝘰𝘮/𝘳𝘦𝘥𝘪𝘳/415590/𝘖𝘥𝘪𝘱𝘰𝘰𝘨𝘰𝘨𝘰/

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Wiki User

12y ago

form_title=Forex Trading form_header=Interested in Forex trading? Have a financial expert help you find out the best ways to make profit. Have you ever done Forex trading in the past?*= () Yes () No How much capital are you willing to put into Forex trading?*= _[50] Where do you currently invest your money?*= _Please Explain[50]

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FFX

Lvl 2
1y ago

SUBSCRIBE FOR CONSISTENT PROFITS

ABSOLUTELY FREE.

YOU CAN WATCH THE PERFORMANCE HISTORY AS WELL.

JUST VISIT MY YouTube CHANNEL "FFX" AND WATCH.

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FXTSPrimeAr

Lvl 3
1y ago

Join the FXTSPrime Channel on youtube and join the t.me/GTSPrime on telegram

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