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    Thread: How to make money in Forex by choosing Buy or Sell?

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      Default How to make money in Forex by choosing Buy or Sell?

      I need to know actually how profit is generated by trading. If I buy EURUSD then which one am I buying and which one is being sold? How the profit made with this trade? Need clear conception.

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      its a simple thing , if you choose to buy the pair EUR/USD then it simply means that you expect the quoted price to increase and that then means that you are buying the euro and you are selling the united state dollar , but if you sell then then the opposite is the case, also if you do the same to any other pair you should know that what ever you do to a pair you are doing it to the first currency quoted on the right side of the pair.

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      we do not trade the forex market based on gut feelings, it is not enough to just cose either buy or sell because you feel that the price in te market will change and you will be going in a particular direction wat matters here is that it is always very important for the trader to make sure that he has a good market analysis before any other thing.

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      It absolutely depends on the current situation of market. We can not judge the right trend without observing the market flow first. However by short term trading we can earn money from both sides buy or sell too but remember this strategy may be can fail due to one side heavy move so we should be very care full about this market.

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      In forex market, there are two options, it is either you win or lose and therefore the trader has to make the right decision in other to be at the winning side. But for you to be at the winning side, you need to analyse the market and plan your trades accordingly.

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      Trader can earn profit from Forex by buying or selling the currency pair , we always try to buy currency price on low price , and closing the trade at higher price to make profit . If trader have good knowledge about currency movement , then applying the trick they can do well performance . Trader should use cool and fresh mind during trade . Right time of trading sure gives profit , never compromise with wrong timing .

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      In forex trading there have two option buy or sell. If we can analyze market properly then it can go our behalf and can be able to make profit. If can understand properly it can go opposite as well as lose.

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      smartness of mind is needed in forex market move in buy or in sell trend but it is confusing market cause of high volatility.most of the time market show both side movement so cause of high leverage and volatility proper risk management and safe trading is require to earn consistent from this business.

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      All trader should go for buy or sell according to market trend when he/she trade in market.We can learn and understand when we have enough knowledge an practice about forex trade market.We have to command according to market trend in market when we want to earn profit in here.We should go for buy when market is rise and when fall we should for sell.

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      Quote Originally Posted by milu141 View Post
      In forex trading there have two option buy or sell. If we can analyze market properly then it can go our behalf and can be able to make profit. If can understand properly it can go opposite as well as lose.
      For have open position suitable trend in forex market we should have accurate analysis and combine with money management because we can not have analysis accurate 100%,and if we eant get our target with easy so better we mske small target in our trade.

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