Understanding Forex Trading

Klik di bawah untuk melanjutkan

Please Wait...

After the development of this era became more sophisticated, many service companies opened money exchange services. They bring together people who want to exchange their money and this is often called a broker. Now we are back to forex. In forex there is also such a thing as forex trading, what exactly is meant by forex trading? Do you know it? Or you don't know it at all. Immediately we discuss what forex trading is. Understanding forex trading or what is commonly called forex trading is an activity to make sales or purchases of currency on a regular basis or continuously and permanently in order to make a profit. And forex trading can also be interpreted as an activity of exchanging one currency for another currency on a regular basis and of course you will benefit too.

I will also discuss the differences between stock trading and forex trading. Let you know more about the more basic differences about this. If trading stocks it will make a profit if the stock we buy goes up in price and many want to own it, well if this forex trading can get a profit too if the price goes up but don't be afraid if the price goes down later you will experience a loss throw it away thoughts like that because if the price goes down we also still get a profit.

If you are still confused about how this forex trading works, and can benefit when prices go up or down. Let's discuss it in more detail now. The profit from the price increase if the price or value per dollar is now 2.5000 which means 2.5 dollars. So, if you have a capital of 250 dollars, I have a prediction that the exchange rate will go up. What I do now is buy GBP and exchange it for pounds, if you have exchanged 250 dollars, it will be 150 pounds and after 1 hour the exchange rate will be 2.7000 pounds which means 2.7 dollars. And the last thing you have to do is exchange those 100 pounds again for dollars and you will get 270 dollars and you also get a profit of 20 dollars. So if the value goes down, what you have to do is the same as before, you will also benefit too. This forex trading also requires a stable internet connection because the forex market requires information and every day and even every second there is a lot of important information, therefore you must have a stable and uninterrupted internet connection because this can harm you. if you lose 1 piece of information that happens every second in the forex market. And I will also discuss some of the terms found in this market. In English, high iyu means the highest value or record, in English the name is low, which means a low value or record, open, which means open, so there is a time when this business is opened and many people are starting to do this business, and the last one is close, which means that there are closed. sometimes it opens and sometimes it closes after opening and the next day it will open again.

By understanding this forex business, maybe you can start trying this business, this business offers quite a large profit as well. If you intend to try this, go ahead because this is indeed the latest breakthrough about increasing your money coffers to become more abundant, just sit back and you get a lot of money. I tell you about forex so that you also understand the various businesses that exist in today's virtual world, which includes high-tech era.

Maybe what I discuss here is only a small part about forex, if you want to know more, please ask those who are more experienced about this business. Hopefully useful for you.