forex trading means trading Foreign Exchange, hence the name. It is a process of exchanging and trading currencies, mostly with the aim of earning money or profits through it. For the exchange to take place, there must be a currency to be changed, that is called the base currency; and the target currency wished to be changed to, called the quote currency. As such, there is no such concept such as "absolute value" when it comes to currency trading. Rather, prices are determined by its relative value by setting the market price of one currency if paid for with another. The exchange rate is usually set in agreement between two parties, usually financial regulatory institutions or the governing bodies or a country/region. As such, in many places running under market mechanism, the exchange rate for currencies is determined by price movements after being set.
Forex trading is a job not a game. If he is seriously taken can make gains and satisfactions, it certainly takes some effort to follow the actions, the bag, but in the end if he does well repay and well. I know many people who work on the bag, they are all very satisfied and they lead a decent life, not to be envied, but to admire they have had consistency and courage, so to take an example. There are many platforms on the web, some sure no no, but this has nothing to do with the forex .. Forex is a serious thing, if it is handled badly this does not mean that it could not be a safe job to be based on economic independence.
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