Forex Trading : How Do You Make Money ?

Forex Trading : How Do You Make Money ?

The FOREX is the most exciting market in the world today.
So how do you make money in this massive marketplace?

FOREX trading is exchanging one currency for another. To buy one currency you must exchange (sell) it for another.
For example, you think the price of the Euro is set to rise against the US Dollar. To enter a trade, you buy Euros and sell US Dollars. To exit the trade, you sell Euros and buy back US Dollars. Hopefully, you were correct in your analysis and the exchange rate for EU/USD has gone up, meaning that you get more Euros back than when you bought them, thus making a profit.
Exchanging rates keep on changing constantly and supply and demand for any given currency, and thus its value, are influenced by economic factors, political conditions and market psychology. Betting on the spreads between countries' currencies by placing "buy" or "sell" orders is what Forex trading is all about.
Choosing your own forex trading strategy you can control a desirable level of your risks and profits.

How to start trading now?
With no commitment or cost, you can open a Virtual Trading Account.
The account has the full capabilities of a "real" account including live market rates, access to real-time market analysis, and the ability to execute trades off streaming prices. The virtual account (or Demo Account) gives you the ability to learn about the forex markets and test your trading skills without any risk. Open up a demo account with "virtual money" and start playing around