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What is Forex FX Trading and how to make money?

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ivan Offline referral

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Joined: Aug 2015
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#1
Member
How people #MakeMoney with this FX or #Forex trading thing? How does it work and what I need to get started?
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maya Offline referral

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#2
Member
Forex trading is the exchange of one currency for another let say USD vs EUR.Since the currency value always goes up and down you #MakeMoney from buying low and selling high.

If you sell and the currency goes a ton of pips below your selling price you earn.
If you buy and it goes up again a ton of pips above your buying price you earn.
Dewlance Offline referral

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#3
Junior Member
You can get a demo forex account and start trading.

By using demo account you will not lose anything and learn many things. In demo account you should think that you are playing with real money.
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georgialio01 Offline referral

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#4
Junior Member
Forex Trading refers a business in Foreign Currency Exchange. I am also beginner in Forex Trade but i am pleased as of dealing with <REMOVED>. Where i can have option to get contact with experienced consultant here you can also invest funds to earning. Before investing you can get suggestion what is the perfect way for you to enter in Forex Industry. At the same time you need to keep patience if market goes at downfall but you can also aware of technical marketing analysis. So it's very easy for me and getting good returns. Best of luck thank you.:Smile
ngoctam699 Offline referral

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#5
Junior Member
The principle of a Forex trade is virtually identical to those in other markets. The only difference is that a trader is buying one currency and selling another at the same time. That is why currencies are quoted in pairs e.g. EUR/USD or EUR/JPY. The exchange rate stands for the purchase price between the two currencies.
purubaggy Offline referral

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#6
Junior Member
Financial specialists can exchange any money on the planet. Speculators, as people, nations, and companies, may exchange the forex in the event that they have enough budgetary cash-flow to begin and are sufficiently canny to profit at it. How somebody profits in the forex is a theoretical procedure: you are wagering that the estimation of one cash will expand in respect to another.Monetary forms are constantly cited in sets, for example, GBP/USD or USD/JPY. The reason they are cited in sets is on account of in each outside trade exchange, you are all the while getting one money and offering another. Here is a case of an outside conversion scale for the British pound versus the U.S. dollar
adamsmiths Offline referral

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#7
Junior Member
Foreign exchange market is the place where you can buy and sell currencies of different countries and make a lot of money.
adamsmiths Offline referral

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#8
Junior Member
Please tell me how to get rich, and quick???





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