Introduce you, how to earn money by forex trade

Did you ever listen about forex trade? I think young generation who are connected with online and in internet they have knowledge or familiar with forex .I am going to share for all of you about forex trade.

In this post you will get many information about forex trade. I will give answer of most question about new users do . Most of the user needs to know

1 .How to findout broker house?

2.How to do trade in forex market?

3. When need to do trade ?

4.How much volume need to use

5. How to close order?

6.How to do registration in forex market?

Forex is a platform where you can do trade with different currency. Its a great platform where anybody can do trade and earn money. If you have knowledge about world economy and you know when the currency price will go upper or lower that time you can do trade by order sell or buy.

In forex trade you can give order buy or see. A client first need to make registration in MT4 or MT5 and need to verify his or her account. All over the world there have lots of broker house like Exness.com , investing.com or many more. In internet when you will search about forex broker house then you will get to see and you have to select One broker house and you have to put your email and password to do trade in forex market.

In forex trade a user should understand this things:

1. Volume

2. Order

3. Buy

4. Sell

5. Pips (backup point of your amount)

6. minutes/hourly/daily/weekly/monthly

7. spot trading

8. currency selection

Here you will see lots of currency like euro/USE, USD/euro, bitcoin, Jpy etc. A trader need to have proper concept about trading. Here has leverage system by broker. Before do trade in real market a trader should do trade in demo account. In a demo account broker house gave lots of money to learn for the new users. They are called demo users. You can not sell this demo money. Its only for learning how to do trade in forex market. If any trader like to do trade in Euro/USD then he or she needs to take information and need to select the value . Suppose today is 14-march-2022 . Euro/USD price is 1.0916. Now you have to understand the market will go upper side or it will fall down. If you have got proper idea that today market will fall down then you have to give order in sell.

or if you think Euro/USD market will go high then you have to give order buy. Here you can see live chart where has 1m 5m 15m 30m 1hour 4 hour daily weekly and monthly base system trade. If you like to do spot trading then you have to follow 1m to 4 hours timing session. You have to collect proper idea before you will give order in that market.

Suppose you guess and has information that the market price will go high in between 1 hours and you give order buy but in between 2 minutes market fall down . Then what you will do? Don't take panic ok. you have to wait. In this situation many users do wrong. they give more order when market going fall down. You have to wait. Because give order in forex market you have to calculate your amount. How much point you will get backup of your money. Suppose you invest 200 USD and you like to give order in EURO/USD so you have to think so attentively. If you like to give order with 0.01 volume then you will get 2000 pips backup. if you give order in 0.05 then you will get backup only 400 pips. If you give order 0.10 then you will get 200 pips backup. So be aware when you will put or give order. You have to keep in mind about your backup. Because market can be out of your control. Your calculation or guess always not work .

If you like to more money then you have to use high volume . Suppose you have 1000 USD and you want to give order in EURO/USD currency and market is in 1.0915 and your guess or calculation today market will arise up 200 pips above . So you want to give order here and as you know if you guess market will up so you have to order Buy. Now how much you want to earn. Its need to select by you. if you guess today market will move to 1.1115 then you need to order buy with select your volume. If you select volume 0.10 so per 100 points above you will earn 10$. But you have to remind the market can fall also ok.

Its the market from where you can earn money but you have to remind it you can lose your money also if you select wrong things and give order. You have to know proper way when you can give order or when not.

In forex trade has great opportunity to trade on bitcoin. Now bitcoin price moves so much because its world's no 1 crypto currency already. If anybody like to do trade in bitcoin and earn money from it then forex is the market which will give you place to buy bitcoin and do trade .

Its the great way to earn money buy forex. If you are a good trader and calculative then you will earn money by order and close the order after profit. But clever are those trader who are not greedy . If their market goes against their calculation or guess they close their order with few loss. Many loss account because when market go against them they give or use more volume. But market never listen client words. It will move its own way.

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All pictures collected from Unsplash.

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