How to Operate Forex?

[Cryptovzla 13]

Hours of Operation
The Forex market is active from Sunday evening through Friday night. It operates around the clock, so you can analyze the market and make trades whenever it fits your schedule.

That sounds convenient, but it also means that the market is constantly active.  This contributes to volatility because you never know when something unexpected is going to change the value of a currency.  You can go to sleep and wake up to a drastically different market.

 

Appreciation and Depreciation
The currency that you own at the start of a trade is your base currency.  When you are new to the Forex market, you will start with the currency that you use to fund your account.  As you learn Forex trading over time, you will buy other currencies which may serve as your base in later trades.

Every currency will do one of two things over time:

 

Appreciate - increase in value
Depreciate - decrease in value

Your job as a trader is to determine which direction a currency will go so that you can make the appropriate trades.  For instance, if you predict a currency is going to depreciate you may trade it against a currency that you predict will appreciate.

[Syedbesharat 5423]

As a trader morning trading is best you would be active and market will be in good mood.Make trade and go for sleep is not a promising thing.Its best to do it professionally although you  are small investor you have to do it seriously .Always close your trade before going to bed and consider losses before making big moves.

[khan22 3478]

Forex trading is the best platform for us to make money in it and now this time its analysing is so simple and easy and through trading we can make good money in it and also i am trying to make good money in the market and i hope soon i will be make 1000$ on daily basis in the forex market.

[Syedbesharat 5423]

1 hour ago, khan22 said:

Forex trading is the best platform for us to make money in it and now this time its analysing is so simple and easy and through trading we can make good money in it and also i am trying to make good money in the market and i hope soon i will be make 1000$ on daily basis in the forex market.

Its great,You will gonna be rich sooner.But I think it will be for short time .Because market always move drastically and its not easy to catch glimpse of  his movements.

[Syedbesharat 5423]

3 hours ago, Alis said:

I want to agree with your comments because I think most people use good trading and I think most people use trusted trading so forex trade is very easily so it is good 

Trading is best source of income and i am also thinking to convert in forex trading.Because Crypto earning is not much now a days for me and its best to change game when its not in your turn.

[Kusumo234 400]

Forex is foreign exchange trading, ok, our job is only to trade with op buy or sell,but, we must see the momentum, so that we do not carelessly do an op buy or sell without paying attention to many things, in forex trading traders use 1 of 2 bases of analysis or both, the first is technical analysis, and the second is fundamental analysis

[khan22 3478]

On 1/4/2020 at 11:39 PM, Syedbesharat said:

Its great,You will gonna be rich sooner.But I think it will be for short time .Because market always move drastically and its not easy to catch glimpse of  his movements.

Forex Market movement is good and it works imply like the others but market is depend on just the country situation and if we see the news than we can make good money through that because all the forex market is running just on the news and world situation.

[Syedbesharat 5423]

3 minutes ago, khan22 said:

Forex Market movement is good and it works imply like the others but market is depend on just the country situation and if we see the news than we can make good money through that because all the forex market is running just on the news and world situation.

You sound like its a simple but why isn't here millionaires in day trading.yeah we have to watch news for better moves and keep tabs on country situations.New agreements ,restrictions,mega projects ,collaboration of gigantic farm all these factors in forex.

[khan22 3478]

23 minutes ago, Syedbesharat said:

You sound like its a simple but why isn't here millionaires in day trading.yeah we have to watch news for better moves and keep tabs on country situations.New agreements ,restrictions,mega projects ,collaboration of gigantic farm all these factors in forex.

We can make billions of money in the forex market but i don,t think so that any broker will give us that money when we make through trading because every company have their own rules and regulations and these all are apply for the every client and we have some restriction that how much money we make in just a single day.

[Syedbesharat 5423]

3 minutes ago, khan22 said:

We can make billions of money in the forex market but i don,t think so that any broker will give us that money when we make through trading because every company have their own rules and regulations and these all are apply for the every client and we have some restriction that how much money we make in just a single day.

That's quit awful thing.In crypto their are also restrictions but can't be that much.Like with drawl limits on daily base or they are even ? Can we with drawl all our coins from exchanges in crypto.

[Kusumo234 400]

@Gohar nayabindeed the job of trading is a simple job, but without enough experience it turns out that forex trading can actually be a nightmare,We recommend that before we are ready for capital and experience, we should not quit the main job, because it is very risky for beginners to become a full time trader.

[Syedbesharat 5423]

On 1/6/2020 at 10:16 PM, Khan King said:

In forex there are many applications available for trading in your android also because they are developed for just android operating system

I suggest you only down load official website of exchange.Its good for you because their are many scamming apps on play store .you will lose your money.Be aware from them.

[Jose1145 7]

I really liked your post, I am currently beginning to study what it is to trade forex, and I really like it, and thanks to your post I have learned more. I really like to trade with currencies, thank you very much for the post I will leave you 5 rating