How to Make Money Trading Forex?

Forex is short for Foreign Exchange Market, and it is a massive market for exchange and trade in foreign currencies, which has an estimated daily turnover of trillions of dollars (meaning thousands of billions).

The idea of ​​Trading Forex is simply based on buying the currency at a time when its price is low, and selling it when its price rises, but what makes things more interesting and the possibility of making huge profits is the system of leverage provided by forex companies.

And this system of financial leverage (Financial Leverage) allows the speculator to speculate in large amounts without the need to pay the full value of the trade, as it only needs to place a small deposit such as $ 100 (called margin), through which it is possible to speculate with a trading value of up to 50 thousand dollars.

Through the system of leverage, with a small amount such as 100 dollars, it is possible to achieve profits estimated at hundreds of dollars, but on the other hand, the 100 dollars can be lost in the blink of an eye.

In fact, this field is not for everyone, and it contains a lot of information and misconceptions, and many people make losses through it due to insufficient understanding before starting.

But on the other hand, there are many who are making thousands of dollars every month through Trading Forex.