Making money in currency trading - . start small when going live once a trader has done his or her homework, spent time with a practice account and has a trading plan in place, it may be time to go live – that is, start trading with real money at stake. . treat trading as a business it is essential to treat forex trading as a business, and to remember that individual wins and losses don't matter in the short run; it is how the trading business performs over time that is important. The second channel is the boast to export volumes that occur when corporations either chose to cut their prices in foreign currency terms or accrue the competitive effects for goods that are priced in local currency terms to begin with. There is also substantial volatility on the upside because the moves from central bankers get over-priced by the market, creating a temporal mismatch between when the speculators short the particular currency and when the real money flows come in.
Watch our video to find out the basic processes taking place on the foreign exchange market and how you can benefit from them.