Going long or short
The main idea in forex is to buy a currency at a low price and sell it at a higher price.

If you think the price of a currency rate will go up, you click buy (this is called going long), but if you think the rate will go down, you click sell (called going short).

The process of going long is very simple. However, going short, in reality, is a bit more complex. Fortunately, the complexity is taken care of by automated trading systems. The shorting process happens like this: 

The broker lends you the currency that you want to sell. When the price falls, you pay the broker back a lower price, thus making a profit on the difference.

All you need to do is push a button and shorting happens automatically.

What is being traded in forex?

To be continued….stay stunned
#HotTrends #CryptoEducation💡🚀 #forextrade #Forex #Write2Erarn

#crypto#cryptocurrency#bitcoin#blockchain#ethereum#btc#trading#cryptonews#cryptotrading#nft#forex#money#eth#investment#investment#cryptocurrencies#bitcoins

#bitcoinnews#bitcoinmining#investment
#entrepreneur
r#nfts#finance

Contents

Trump's Victory and Its Impact on Bitcoin Price
Trump's Pro-Bitcoin Policies Are Driving Demand
Crypto Market Follows Bitcoin's Rise
Bitcoin Price Prediction: Is $100,000 On The Horizon?
Bitcoin has passed a major milestone, reaching a record-breaking price of $80,000 amid renewed optimism in the U.S. and beyond. Bitcoin’s value has soared as confidence in crypto markets has increased following the recent re-election of Donald Trump, a known crypto advocate. Here’s a look at how Trump’s victory, his pro-Bitcoin policies, and his promise to make the U.S. a crypto powerhouse have contributed to this unprecedented surge.