When I came to know about forex and Binary trading, I gave a try.
I lost 13$ but after knowing and learning and having some strategies, I won 35$ .
How can we earn in Forex trading?
Is Forex trading the same as Stocks?
Forex trading is the buying and selling of currencies with the goal of making a profit. Traders can earn in Forex trading by buying a currency when its value is low and then selling it when its value increases. Forex traders can also earn money by selling a currency when its value is high and then buying it back when its value decreases. Forex trading involves a lot of technical analysis, and traders must keep a close eye on global economic news and events that may affect currency values.
While there are risks involved with Forex trading, it is possible to earn a significant amount of money if you have a good strategy and are able to manage your risks effectively. However, it is important to note that Forex trading involves a high degree of volatility and is not suitable for everyone.
Forex trading is different from stock trading in several ways. The most significant difference is that Forex trading involves the buying and selling of currencies, while stock trading involves the buying and selling of shares of ownership in a company. Forex trading is also more focused on short-term price movements and has higher volatility compared to stock trading. Additionally, Forex trading operates 24 hours a day, while stock trading only operates during specific market hours