How to make money in Forex?

[stefanyp72009 54]

Forex is the worldwide market for currency trading. It is open 24 hours a day and offers great liquidity, making it a good opportunity for its participants, who can be from banks, large financial institutions and companies to small retail investors. Forex traders aim to make money by buying and selling these currencies that are traded in pairs.

Today, many people are making money by trading Forex from home either as full-time professional traders or simply spending a few minutes a day to locate trading opportunities and opening, monitoring and closing their positions.

It is very important that you know which form of investment best suits your personality. Based on that, you should prepare an investment strategy that suits you, and you can feel comfortable.

You have three ways to invest money in the Forex market, depending on time: long-term, with swing trading, intraday or scalping.
You only make money with Forex if you do things correctly.

It is also super important that you protect your capital with good risk management.

[Iftikhar1 0]

If you earn money in forex simply peoples adopt sell or buy currencies but i thinks best method to earn money from forex to make refers if you are networker then you have a chance to earn lot of money from forex brokers without any risk or investment.

[Mir Hamza 2888]

On 10/7/2020 at 10:55 AM, stefanyp72009 said:

Forex is the worldwide market for currency trading. It is open 24 hours a day and offers great liquidity, making it a good opportunity for its participants, who can be from banks, large financial institutions and companies to small retail investors. Forex traders aim to make money by buying and selling these currencies that are traded in pairs.

Today, many people are making money by trading Forex from home either as full-time professional traders or simply spending a few minutes a day to locate trading opportunities and opening, monitoring and closing their positions.

It is very important that you know which form of investment best suits your personality. Based on that, you should prepare an investment strategy that suits you, and you can feel comfortable.

You have three ways to invest money in the Forex market, depending on time: long-term, with swing trading, intraday or scalping.
You only make money with Forex if you do things correctly.

It is also super important that you protect your capital with good risk management.

My friend you have shared very good information with us. By adding this post to you, many members will learn a lot from here and this post will be very helpful for them in forex trading. But you should have mentioned one more thing in this. Whoever wants to work in forex trading, he should first get proper knowledge and skills about it and only then he should start working in forex trading. In order to work in forex trading it is necessary to first get knowledge and skills about it, if we have knowledge and skills about it then only then we will be able to work in it. We cannot do forex trading on our luck in any way, for this we need complete information. If we have a complete information and we have its experience, then only then we will be able to achieve success in this or else we will have to suffer loss from here. 

[Raqeebzy 6456]

The three best ways to make money in Forex according to my view is:

• Trading currency pairs just like in cryptocurrency
• Leverage with brokers
• And binary options

However, all of them requires prior knowledge and few experience to avoid massive loss. And right, risk management is very important.

Edited November 12, 2020 by Raqeebzy

[guatazoo 7150]

In order to make money in forex, there have two types of analysis which you should know, thats is technical analysis and fundamental analysis, also you must know how to use trends lines. 

[leakydonney 1402]

Yes you can make money in foreign exchange market by trading currency pairs through opening positions in the same direction as the market trend (called trend trading) which means that in an uptrend you are supposed to buy the pair while in a downtrend you are supposed to sell the pair but trend trading can be identified by analyzing market direction in order to come up with the best decision of either buying or selling the pair.

[rahmi777 320]

Very important information. Each of us has his tendencies in trading. Some of us love short-term trading, those of us who love the long, and of us who love short deals, but the most important thing is managing capital during the execution of deals and controlling our feelings during trading.

[joemcgwa 3227]

In order to be making money in the forex market you should be required to by currency for low rate and selling to high rate, and you can do this through broker or banks.

[Shubham kakade 556]

On 10/7/2020 at 11:25 AM, stefanyp72009 said:

Forex is the worldwide market for currency trading. It is open 24 hours a day and offers great liquidity, making it a good opportunity for its participants, who can be from banks, large financial institutions and companies to small retail investors. Forex traders aim to make money by buying and selling these currencies that are traded in pairs.

Today, many people are making money by trading Forex from home either as full-time professional traders or simply spending a few minutes a day to locate trading opportunities and opening, monitoring and closing their positions.

It is very important that you know which form of investment best suits your personality. Based on that, you should prepare an investment strategy that suits you, and you can feel comfortable.

You have three ways to invest money in the Forex market, depending on time: long-term, with swing trading, intraday or scalping.
You only make money with Forex if you do things correctly.

It is also super important that you protect your capital with good risk management.

In forex  trading is simple placing a trade in the foreign exchange market is simple the mechanism of a trade are very simple to thosr found in other financial market so if you have any experience in trading you should be able to pick it up pretty quickly  and if you dont you will still be able to pick it up as long as you finish school of pipsology Our forex trading course 

[Abuzar hashmi 544]

Forex trading company is the number one and the best trading and investment company in the whole world .Today everyone knows about the Forex trading.First buy the assets on very low amount and then sell it when it's market share is double .Don't invest all of your money, first invest in little amounts such as 5000 dollars.

[Veronica Stones 141]

Thanks for sharing this vital information. Forex is something I'll like to go into in the nearest future. It's just that it requires a lot of time and commitment. 

[George10 9932]

Yeah it's possible to make real money from doing Forex trading but it needs good strategy,patience,knowledge,and continuity in learning and upgrading strategies,it also requires a good capital of about $100 or above including a good broker for carrying out the trades.

[Ezra 630]

@stefanyp72009 There's so many options on how can you make money in forex the common ways is trading a currency pairs that you can buy coin then sell it more than the face value. Also in binary options they earn using a popularity and assurance of making a huge profits, buying any options in forex there will be the risk, you should learn in technical analysis to easily understands the process of moey and to management your own assets

[Ali dost 453]

Yes it's very interesting information sir. I appreciate you. But in my opinion you know the forex trading is the simply to buy and cell currency . Its requires a lot of knowledge about forex trading . So if you make referral then you have a network and also you can earn bonus from the network. This is my opinion not suggestion.

[pablomarwan 3082]

Forex is one of the most popular magazines from which you can make good profits. But it is not that easy. You must study and train, and this only in order to reduce the percentage of loss. Therefore, there are between 5% and 15% in the world who profit continuously and are enormous. And other percentages separated into two groups. The thing and what is it is that it is this area if you will only be gambling, then do not enter it from the best. But if you are the one who is fighting to reach a specific goal, then you just have to persist and learn.

[younes Phénomèn 113]

People who accept to profit from forex must use their intelligence and capabilities in trading, any young man can start trading profitable from forex, but the person must plan the way of trading, and the best way to profit from forex, careful preparation, knowledge and knowledge of financial market influences.
To win in the currency market, a trader must:
Being able to analyze the market
Keep track of the news
Statements by the country's leaders
Statements by the heads of central banks
Economic news, etc.
Consider all market price movements.
History repeats itself.

[clara66 4]

Thanks for the information.But i dont think we can make money in Forex by doing things correctly alone.We must get a good training then start practicing and gather experience in the trade, then we can go into the trade with high level of self discipline then we can be making the cash.

[guatazoo 7150]

On 11/20/2020 at 9:57 PM, Abuzar hashmi said:

Forex trading company is the number one and the best trading and investment company in the whole world .Today everyone knows about the Forex trading.First buy the assets on very low amount and then sell it when it's market share is double .Don't invest all of your money, first invest in little amounts such as 5000 dollars.

Forex is not a company, but this is just a market that's everyone is eligible to trade through it and earn profit including the biggest companies in the world they really playing big part in forex. 

[joemcgwa 3227]

Making money in forex is not that's easy as people thinking, in order to earn seriously money in forex you must be already learning about forex and understanding what's is forex, but otherwise you'll be trading by betting.

[Nenomao 175]

Forex is a very good market. Many people are trading here. Trade is done online and many people are making a profit.The first thing that is important here is the time constraint. You have to choose a time that you can work on.But it may hurt you in the beginning, but if you keep trying, this forex market will be the best for you.This is the experience of very big businessmen. They say that if we work according to its principles, then we will definitely succeed.

[Qaisar kh 128]

Making money on forex is not easy.  getting money on forex take more experience by using demo accounts. Forex app is open 24 hours and it is not difficult to use. 

[Liliz 529]

In order to make money on forex, you need proper guidance and enough understanding about all what Forex Trading is all about,  alot of people always loose their money while trading on forex while lots of people also make money on Forex as well, it all depends on your level of adequacy and idea you know about trading in Forex.  Forex Trading is not as easy as it looks because it is such a complex trading as Market factor changes from time to time and when it does, alot of people looses while some earns huge amount of profits depending on the type of trading that happens as at that point in time. 

[salem 9]

Valuable information, but if we dealt with the psychological state in this area also has a major role in the loss and profit in the deals, and whoever cannot control himself in the event of losing an amount in a deal feels upset and performs a false analysis and consequently another loss, so I recommend trading and working at a rate Of money and even if you lose this percentage to leave work on this day for another day, that is what is known as self-control at work (Forex) in general and the loss (deals) in particular.

[Mahr 23]

You should to have some investment  which you done in forex trading and you should  to make your own strong network  and increase  your marketing  you can earn your  money and best profit. 

[Muhammad Ahmad meo 689]

As I am a newbie on this platform and this is my first post in trading section. From this post i learn what is forex and how we work on it and make money. 

But I need some more information about this forex, that is it safe for invest, is there is any other method to earn on this forum?

On 12/20/2020 at 11:19 AM, Muhammad Ans said:

One way to directly trade currency pairs is by opening positions in the same direction as the trend( called trend trading) meaning that in uptrend you will buy the pair while in downtrend you will sell or short the pair.Another way to make money  with the forex market is to trade contacts for difference of CFDs.