How to earn in the Forex market?
Example of a typical Forex deal:
According to your forecast at a certain point, the dollar’s exchange rate against the euro is going
to increase. Based on the forecast, you give the order to open the transaction. If the market
justifies your forecast, then the transaction generates you a certain profit. The size of the profit
depends on the size of the transaction and on how much the exchange rate has increased.
When the profit reaches the limit you have planned, you can fix it by giving an order to close the
deal. If your forecast isn’t accurate, you sustain a certain loss (depending on the size of the
open transaction and on how much the exchange rate has decreased).
You can also choose the time at which the transaction will be opened. Changes in rates occur
constantly, sometimes every second, and transactions can give results in a very short time. It is
this pace that attracts investors. The unique speed of operations in the Forex market allows
providing traders with the highest possible level of potential profit.
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