Opening a Position in The Forex Market

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Opening a Position in The Forex Market

The purpose of Forex trading is to make money and diversify your investment portfolio. The mechanism is very simple. You purchase and sell different currency pairs. If you purchase a currency and its price increases, you can sell it at a profit. The currencies are always bought and sold in pairs. In practice, when you trade in the Forex, you exchange one currency to another, expecting the price of the purchased currency increases compared to the price of the currency sold.

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