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

    1. #11
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      We do not just blindly choose the direction that we open Forex exchange trades, We make an analysis before we decide to take such a decision. That is why the first thing that a trader needs in their trading is actually to gain analysis and signal making knowledge.

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      On the instance you have raised, if you place a buy order, you are buying base currency and if you place a sell order it is also the base currency you are selling. What informs your decision to buy or sell is what you have to learn so that you will not have yourself gambling with your hard earned money. Learning and practice is so important that you can not do without it

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      We have to first make our analysis and that analysis is a way of knowing when the forex market will start to buy or start to sell and when we have been able to determine that then we should know what we are ready to lose in that particular trade if the analysis that we have just made it wrong

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      just buy and sell is easy but not necessarily get the benefit, the most important thing in this business if you want to make money is you should be able to analyze properly and if you can not afford it difficult to be able to generate profit...

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      You can make money either through making money in buying or selling. It must not really be one sided trading decisions. The business is either buy or sell and all other businesses too. In trade its buy or sell and not always buying or always selling.
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      To make improvements in the forex business is to make money and this is the reason why some people have become very successful and popular in the forex business and other people are still struggling to make it as traders to choose how to buy or sell depends on our trading strategies and how well we have been able to understand the charts in the forex market

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      the market is mouving all the time up and down,from this small mouvement you buy and sell to earn money,you buy when you see that the price is falling instantly,and you sell when the market is mouving increasing,everythig is depending on the analyze that you are doing to know where to buy and when to sell the currency

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      The simple way of determining whether to buy or to sell is to understand the fact that when the empty candle appears, it indicates a buy. But when the filled bottle appears it indicates a sell. However there are times when the trend changes as it so pleases the market and that is why It Is advisable to have a very good strategy or analysis In order to prevent loss when the buy candle turns sell or the sell candle turns buy.

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      If we want to make open position in our trade so we should know what is signal from our trading system,so we should have accurate trading system if we want get profit from our trade,after that we should discipline with signal from our trade.

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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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