Forex
FX or Foreign exchange is the world's most traded market whereever one currency is traded for other curency,it is the largest financial market in the world include trading between Large bank,Central bank & Government etc.., with an average turnover in excess of US$4 trillion per day.
What is traded in forex ?
Simply Currency.currency always traded in pair like { EUR/USD , GPB/USD, AUD/USD }etc.., When you exchange one currency for another { EUR for USD } the price difference between two curremcy will be your profit.mover over this is not like gambling your are trading with your money.
What is traded in forex ?
Simply Currency.currency always traded in pair like { EUR/USD , GPB/USD, AUD/USD }etc.., When you exchange one currency for another { EUR for USD } the price difference between two curremcy will be your profit.mover over this is not like gambling your are trading with your money.
My Experience
This is not a class for FOREX.im not get any conclusion about forex. and this is not a worst way to earn money like in ( HYIP, Casino,Binary Options }.Forex is a good way to earn money but you need to be a expert in the filed,and ready to take risk with your money.Still im not involved in forex im still in training with demo account.what you have to do here is :
Example : Take EUR/USD
EUR/USD = Base currency / Pair Currency
EUR is the money you having with help of EUR you are going to buy USD.for that you need to Analysis many Forex indicator,signal,etc.., provide by your Forex Broker.
now you have to wait until price of USD move in downward direction in forex chart.Buy USD at low price
now you have to wait until price of USD move in upward direction in forex chart. Sell USD at high price
Buy price – Sell price = Your Profit => 100$ - 150$ = 50$
Your profits are calculate in pips in forex.for that you need to learn FOREX.most broker will provide free study material,online guide,forex signal to trade in forex with separate manager for you is appointed . the forex manager will guide you in critical situation by provide signal & guide to BUY/SELL the assets now or later. In my point of view you dont need any special skill,need only basic knowledge about forex. WHAT? Yes it is possible.every thing is take care by your forex manager.
All you have to know is select a best forex broker & avoid scam forex broker.To know more about Forex Broker must read => click here. Or you dont have to time to trade no problem nowadays forex is advance you can use PAMM Account. To know about PAMM Account must read => Click here.
Example : Take EUR/USD
EUR/USD = Base currency / Pair Currency
EUR is the money you having with help of EUR you are going to buy USD.for that you need to Analysis many Forex indicator,signal,etc.., provide by your Forex Broker.
now you have to wait until price of USD move in downward direction in forex chart.Buy USD at low price
now you have to wait until price of USD move in upward direction in forex chart. Sell USD at high price
Buy price – Sell price = Your Profit => 100$ - 150$ = 50$
Your profits are calculate in pips in forex.for that you need to learn FOREX.most broker will provide free study material,online guide,forex signal to trade in forex with separate manager for you is appointed . the forex manager will guide you in critical situation by provide signal & guide to BUY/SELL the assets now or later. In my point of view you dont need any special skill,need only basic knowledge about forex. WHAT? Yes it is possible.every thing is take care by your forex manager.
All you have to know is select a best forex broker & avoid scam forex broker.To know more about Forex Broker must read => click here. Or you dont have to time to trade no problem nowadays forex is advance you can use PAMM Account. To know about PAMM Account must read => Click here.
Tips
1. First know about your Forex broker HOW ? Click here then only you will get success
2. Verify your account & Jurisdiction law,Regulated forex broker or not
3. Learn about Forex using demo account and guide. Test free signal provide by your broker using demo account
4. Don't invest all your money in one currency pair
5. Don't accept any bonus from forex broker.trade with your money only.
6. If you can do mean analysis the market with news,signal,indicator then place your order
7. Start with high initial cost with low leverage or if you don't have that much money open mini or micro account with forex broker still you become any expert in forex. then upgrde your account.
8.If you cant able to learn Forex at all Move to PAMM Account in forex. To know more click here
9. Use the Link provided for Free Signal Provider & Forex Scam Finder site Click here.
10. Use Social Trading method Follow the successful trader to earn profit.
2. Verify your account & Jurisdiction law,Regulated forex broker or not
3. Learn about Forex using demo account and guide. Test free signal provide by your broker using demo account
4. Don't invest all your money in one currency pair
5. Don't accept any bonus from forex broker.trade with your money only.
6. If you can do mean analysis the market with news,signal,indicator then place your order
7. Start with high initial cost with low leverage or if you don't have that much money open mini or micro account with forex broker still you become any expert in forex. then upgrde your account.
8.If you cant able to learn Forex at all Move to PAMM Account in forex. To know more click here
9. Use the Link provided for Free Signal Provider & Forex Scam Finder site Click here.
10. Use Social Trading method Follow the successful trader to earn profit.
Warning
Though Forex is nice way to earn money im not recommending this because there is High risk warning will be given by all broker.read the term & Condition carfully.check your judirstion law first.