Each Forex Trader said at his on this question.
No, really, what can you say about that?
What Do You Know About Сurrencies And How Can It Trade On The Forex Market?
I just interesting your opinion
forex is all about buying and selling currency business as we see in this forex market prices of all currency pairs are increasing or decreasing so in this way if you buy or sell currency then you can get profit or loss so this is the basic idea as this currency trading give us opportunity to earn profit
yes this good question i think that the most of the trader dont know a lot of currencies for me i never take 100$ currency and i dont know how it is but the eur i know little bit about it and about the movment of this currencies it all about the news and the traders and the central bank
Forex market developed for international business. Now many Multinational Company operate their business in world wide, everyday they earn profit when they want to transfer it in their home country by bank then bank contact forex market to buy foreign currency and fulfill the customer demand. Now 90% business hold in the world by Multinational company.
let's face it, currency is valued because of it is traded against another currency. you cannot and don't know what is the value of a currency alone, let's say a dollar. what is the value of dollar? is it 1, or is it 10 or else? No, the dollar has no value. It has value if it against into something, in this case other currency, for example against yen. then we know that dollar against yen will goes up and down because some trade balance or interest rate.
this is a very basic question.you should learn a lot about forex market.currencies are major thing and you trade with currencies by buying and selling.
if you buy one currency and sell another and the currency which you bought increases in price then you will get profit.this is the principle behind forex.
trading main currencies boht aham or boht he zorari ha es laya main ap ko kahta hoon k jub be ap trading karna currency ka bara main jan laya karna es sa be ap ko boht sra fadia hota ha es lyaa main na kafi trading ke ha es laya main boht achi or best trading akryta hoon currecy rate ko deha kar.