How do you make money on the Forex market?

[abdallacivil27 68]

The Forex market (forex market) is the place where foreign exchange is exchanged by buying and selling, and has started its work in the picture we know today since 1970 with the beginning of the float and the adoption of the free exchange rate. As a result, currency rates were determined by investors in this market depending on the supply and demand process.
The Forex market has many advantages that distinguish it from other markets, most notably that it does not have an external authority and cannot be manipulated. Daily liquidity of 2 trillion US dollars as a daily trading volume, in a very fast movement of funds makes it unique from other markets such as the stock market. This makes the completion of trades in this market not more than a few minutes often.
Continuous price speculations as a result of the different nature and quality of investors each investor has different intentions and some of them make a long-term investment and some of them make a short-term investment, which creates a market movement and constant price variation even if the spreads are not large but permanent, which makes the market very attractive to investors.

[Moon00 40]

Best ways to earn more profit from the forex market

 

forex Trading 6 Simple Tips  make Profits

 

 

1. Get a basic technique you comprehend. In forex exchanging numerous individuals imagine that the more muddled a technique they use in forex exchanging the almost certain they are to bring in cash. ...
2. Exchange the large patterns. ...
3. Work keen not hard. ...
4. Exchange Infrequently. ...
5. Cash Management. ...
6. The way to progress.

 

[Mwangi 5611]

There are so many ways to make money from forex

1. You can trade yourself

2. You can be able to send money and someone does the work.

3. You can be able to abitrage

4 Hedge is also another way people make money.

The truth is people make money but today I think its important we are able to value what we have been given and it will work perfectly

[Mike1515 2977]

I agree at @Mwangi Forex trading is very dangerous and you can lose everything you have , you only need to have a different perspective to it , there is a lot of work to be done in so many ways so we need to work as hard and put together a certain perspective that is well good for you to earn you can hire someone who will work for you

[Projectcrypto 4382]

10 minutes ago, Mike1515 said:

I agree at @Mwangi Forex trading is very dangerous and you can lose everything you have , you only need to have a different perspective to it , there is a lot of work to be done in so many ways so we need to work as hard and put together a certain perspective that is well good for you to earn you can hire someone who will work for you

You are right mate forex is sure a risky job and that is why anyone interested need to have concrete background about the field before joining to reduce the risk of losing because there is no one to compensate you if you lose in forex trading.

[Irungu 4299]

I have seen people make money in this area , some people get as much as millions but its difficult and its very risky you need to be very careful for that can be really one way to which we have been able to understand what to do we need to work and we have to really keep on seeking for this kind of content

[samjan 47]

forex is very hard to make just professional get success on forex there you can trade with every think in dollars in gold in sliver even in your country money you have to learn too much before start in forex then you can make money from thre

[saradz 2259]

Forex is known as the foreign exchange trade or the exchange of digital currencies between different pairs of global currencies, and it is one of the largest global markets in terms of movement and liquidity as the daily volume of liquidity trading reaches 5 trillion US dollars, which qualifies it to be the largest market capacity in the whole world, given the fact that the speed of gain and movement Currencies, whether up or down.

[jasson 25]

bro on forex peoples do trading its an trading platform so first learn about trading and then make account on forex because its very tricky and and hard to understand 

[GM266 673]

Forex trading is similar to cryptocurrencies trading. Both actually gives the idea of trading cryptocurrencies. But the difference is that in Crypto trading we can trade or exchange cryptocurrencies for flat currencies. But the idea is simple to earn from even from Forex. You just have to know the basic knowledge of tradings. Otherwise it's same as cryptocurrencies. Just exchange it when you think it's the best time to trade. But you need to learn about trading actually first. 

[Digital 387]

Forex trading is a complex kind of trading that involves the trading of global foreign exchange and no body involves in it except someone who has tremendous experience in trading and it has a lot of benefit as well.

[noshot 154]

Thanks for this info but you said in your title that you will tell us how to make money in forex. How then please? I didn't see how from your post.

[Omar Ommeish 4872]

It is a good market for everyone who has good capital, but I think it is not suitable for novice people who do not have a lot of money because they will not be able to make any profits from it.

[Btc1998 55]

The Forex market is good and many people make money from it but I do not work in it

[George10 9932]

20 hours ago, Mike1515 said:

I agree at @Mwangi Forex trading is very dangerous and you can lose everything you have , you only need to have a different perspective to it , there is a lot of work to be done in so many ways so we need to work as hard and put together a certain perspective that is well good for you to earn you can hire someone who will work for you

True in Forex trading we can lose money or make more profits in a short period of time if we have all the needed knowledge and good strategy however, we need to be careful if hiring someone to work for us in case we fail ourselves because there are many fake account managers out there learning how to trade on people's accounts and they can cause you dip loss,as for me I think Forex trading is a personal thing and all is needed is to acquire knowledge from professionals not trusting any one to trade in your account.

[Nicole018 4548]

Another thing to be noted when it comes to trading in forex market is that there would be exchange rate involved in the foreign exchange market. This can be in the form of fixed exchange rate or floating exchange rate. Fixed exchange rate is the rate of foreign exchange fixed by the monetary authorities such as RBI. Floating exchange rate is the rate of foreign exchange determined by the market forces of demand and supply. It is easier to make profits out of floating exchange rate or flexible exchange rate since it is more fluctuating in nature.

[assdollakhan 75]

Hi Nicole!

"Forex" is a shorthand way of referring to the foreign currency exchange. It's the market where currencies from different countries are traded.^[1] Investors trade in forex for the same reason that they trade in any other market: because they believe that the value of certain currencies will go up or down over time. Remember, currencies are commodities just like anything else. On some days, they'll go up in value. On other days, they'll go down in value. You can use forex to take advantage of the fluctuation in foreign currency prices to make money.

Good Luck!

 

[SuperCrypto 7193]

The forex market, or the foreign exchange market, which is short for Foreign Exchange, is one of the largest financial markets in the world in terms of liquidity, with a daily volume of more than 4 trillion dollars. It is the exchange of one currency for another, often with the aim of making a profit.

[Zeshan Khalid 2577]

Forex trading can really be a profitable business and a sustainable source of income. For many people, forex trading is an opportunity to make money they can invest further and make even more money.

[Mike1515 2977]

I need to state this we need to work and put together everything in the right perspective we need to work as hard and put together everything that we work and forex sometimes has die hard and sometimes people are able to make some good money so in the end we are able to really put together everything in the right perspective

[Ameralsamt 2558]

Happy your times dear that the Forex world is very large and it needs a lot of experience and you must learn well and take recommendations from adults. You can earn by starting with currency pairs and you win

[Arpit Gupta 581]

Yes you are right. But you should be careful in forex as fores market is a very risky thing and you can loose all your money. So you must have good experience and knowledge to do work in this field.

[Liliz 529]

Forex market is one of the large capital market in the cryptocurrency market, I have learnt so far about Forex that Masters and experts trade well on it and they earn good amount of money while novice that trades on it at their own risk without having enough experience and adequate knowledge loose their money. It means that if you are not well trained about Forex Trading, you might loose all your money on it. Forex Trading involves risk taking. 

[Quickbee 26]

Trading by itself is itself risky. One can make money in the forex market but first reading on the topic is a must. Then watch others before we ourselves invest anything.

Edited November 20, 2020 by Quickbee
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[Noghran 0]

Thank you for this useful information
I really didn't know about that before
Does working in this market require high professionalism and a wide knowledge of their nature and investment methods?
Is entering it as a beginner is a scary thing?