Today, we are going to see how buying and selling works in the FOREX Market.

1. Trading 101: How Buying And Selling
Works in Forex
Today, we are going to see how buying and selling
works in the FOREX Market.
As everybody knows, Currencies are traded in pairs
on the FOREX Market. This means that buying a currency
will automatically result in the selling of the other
currency that is part of a certain pair.
It's like betting on a boxing match. If you put your
money on a contender, you automatically bet on the other
to lose. Whether you want it or not.
Let's take for example the EUR/USD pair. Both of the
currencies in this pair are constantly fighting each other
in a tug of war game that is determined by the ratio
between the two currencies. Otherwise known as the
exchange rate.
So, the exchange rate is actually the measure of which
currency is stronger at a certain point in time.

2. Which currencies can traders buy and sell?
Trading in FOREX can be done in all currencies.
Depending on your broker, of course! This includes:
• The Majors.
• The Minors.
• The exotics.
When to buy or sell in the FOREX Market?
Well, here's when it's no longer a matter of just
learning the ins and outs of the FOREX Market. Knowing
when to buy or to sell is different from a trader to another.
At a certain point in time and depending on their
approach, some traders may think that it's the perfect
moment to buy, while others may think that, in order to
make a profit, they should sell.

3. Doing it correctly can yield tremendous results and
profits. But doing it poorly may result in a lot of loss.
In their pursuit to know what currency pairs are to
buy or sell, traders may apply a variety of techniques and
strategies. These strategies are:
• Technical Analysis.
• Fundamental Analysis.
• Sentiment Analysis.
• Copy trading.
It is crucial for every trader, who's in it for the long
run, to determine what strategy works best and follow it.
This is what separate traders from plain gamblers.
In order to do that, you need to learn all about what
goes in the FOREX Market. You also need to use what you
learn to develop a strong and profitable strategy that is
time proof. It's either that or better go and put your money
on a horse!
Trading 101 series:

4. • Trading 101: The Basics.
• Trading 101: What is Traded In Forex?
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• How To Start Trading?
• Top 5 Best Trading Blogs.
• Is Trading For A Living Possible?