What is Forex?
Forex refers to the world's largest market for foreign exchange trading through the purchase of another country's currency
by selling a country's currency. Daily trading volume is about 6 trillion dollars. In this way, investors switch to the currency
they predicted that their value will rise, while the value is still low. After increasing the value of the relevant currency,
they make their profits real.
The word hal foreign exchange olur is the abbreviation of the words hal foreign exchange im. Foreign and clearing, which
means foreign, are established with the words exchange. We can say that the exchange of foreign currencies between each other.
Although this is the basic logic, there are some differences and advantages in the practice of forex in practice. You can
create a template in your mind by finding a summary of what is forex in the infographic below.
How to play Forex?
Before opening the Forex How to play section. Forex is not played. Because forex is not a game. Although it is the largest
market in the world, it is an area of investment where serious sums return. Therefore, forex is not a game to be seen as a
game from the beginning will prevent you from making mistakes.
Forex trading, forex how to play is more or less in the language of the people, even though it is actually forex trading or
forex investment is to do. However, it has a basis for settling as forex play. Because the difference between the traditional
types of investment and the fact that the short-term transactions become meaningful, it makes it difficult for the public to be used as the
investment in the first place. There is similar use in foreigners. For example, when investing is expressed as investing, we see that forex
trading is much more than forex trading. In other words, forex trading is more than forex trading. The main reason for this is that the
transactions are generally based on short term invoices.
Let's open a sample forex transaction. Take for example the USDTRY parity. The USD to the left of the parity refers to the
US Dollar and TRY to the Turkish Lira. For the time being, USDTRY is at 6.50. So 1 USD / 1TRY is 6,50. The dollar is 6.50
times more valuable. If you make a purchase transaction in USDTRY parity, you will be processing the value of the dollar
against the Turkish lira. Then, when the USDTRY parity reaches 6.80, you also make a significant profit. For example, if
you made this transaction with an investment of 65000 pounds, you initially received $ 10000. Now that your 10000 dollars
will correspond to 68000 liras, this process will save you 3000 liras.
In this way, the basic trading transactions that you have already made from the currency exchange office or the bank. So what is
the difference of forex? One of the most important differences of Forex is leverage.
