How to forex?

8:15 PM How to earn a FOREX? 0 Comments

The money in the "forex" earning from the difference in exchange rates. And we must be able to wait for the single "currency" will rise in price, while the other falls. 

You can make a "profit" with the same success not only on the purchase of the growing currency, but also to sell the currency, the price of which will soon fall. And at first you do not need to buy the currency, which you then want to sell.This is one of the important benefits of the market forex. If the transaction would be completed before the end of the day, the currency for the transaction is provided to you free of charge, but if you find it advantageous to extend the deal, it can be done at very minimal rates (the so-called swap). By the way, there is no forex crisis, when one currency is cheaper, the other necessarily expensive.

"Euro", dollar, pound, yen, and all other currencies daily oscillate. And for the effective income on forex important time to draw conclusions specifically about short-term increase or decrease in rates. Typically, traders predict price movements in the next few hours or a couple of days. And use for making profitable trades is such short-term forecasts. One who meditates on the question of how to make money on forex trading, do not necessarily know how much it will cost the currency in a month or the end of the year. By the way, make a prediction for a month is much harder than the next day. Although the rational approach to long-term business strategy, forex trading also help make a good "profit".