How to earn money in forex trading

how to earn money in forex trading

an orange (its silly). Now, lets say you can generate 20 a year (on average). The difference between the bid and the ask price is popularly known as the spread.

Your expectancy will give you an expected return on every dollar you risk. But if you have a full-time job and youre trading on the sides, then you dont have to make any withdrawals and can compound the returns in your account. But if you only win 20 of the time, you will be a consistent loser. The bid is the price at which your broker is willing to buy the base currency in exchange for the" currency.

Nifty trading strategies pdf
Spot forex trades

Well, theres no one factor that determines how much money you can make in forex trading. Youre might wonder: How does this relate to trading? This means the bid is the best available price at which you (the trader) will sell to the market. Do you want to learn a new trading strategy that allows you to profit in bull and bear markets? This means you have a higher risk of blowing up your trading account and it reduces your expected value. But what if you withdraw 50 of your profits each year?