For some beginners in forex market, this is the big question that what a trader do in forex market, if you are heading to join forex market and start your career as forex trader then it is the most basic thing that you need to understand what a forex trader do in forex market. But if you are familiar with stock market then you will be familiar with forex market too. But if you are not familiar with stock market then you need to understand what's inside forex market.
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| Forex Market Chart |
Actually, in forex market, a trader do three things that are most common. One thing is buying, second thing is selling and third thing is exchange of currencies at current or determined market rates. The big market traders or you can say "the market runner" are the world's largest banks. Central bank of country do not intervene into this market, this market is controlled by large international banks, they buy in huge volume and then we see market collapse and when they buy in same volume then we see market hike.
What a trader do in forex market. A sensible and sharp trader always watch the market and its logarithm, He / She see market charts, the history of market, the expected movement of market so that he put an order whether buy or sell, and when market goes in favor of the trader then the trader earn money, the profit depends upon the volume of trade the trader opens. If you want to be a forex trader then you will have to see several aspects and a lot of work.
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