How to Earn Money with Forex Trading?
What we do in fact take different values in the Forex market to sell the currencies. Position open market transactions and is extremely easy to enter. If you know what is going on in the stock market immediately if you have a little action. The goal is to change one currency to another. Expectation is that through this process, we received appreciation in the currency of the unit we sell.
To make an example of a transaction:
1.2835 EURUSD pair on 28 November 2008 from € 10,000 received. So we bought 10,000 euros in exchange for 12.835.
The same day came to our target price, and closed the position at 1.3110. 10,000 EUR 1.3110 So our money from the sold and translated in U.S. dollars. Now was the calculus is $ 13.110. 275 USD gains we have achieved in the same session.
1,200, which leverage a broker to perform this operation with 200 USD. Namely $ 200 to $ 275 a day, I've won.
calculations:
10,000 EUR x 1.2835 = $ 12.835
10,000 EUR x 1.3110 = $ 13.110
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