What is Forex Trading.
Forex trading ik esa business hai jis ma individual or companies foreign currencies ki active engagement ma enter hoty hain. Jis ka main purpose financial gain hasil karna hota hai. Wo kisi pair ko ya kisi commodity ko buy ya sell karty hain or es ka main objective profit hasil karna hota hai. Ye kio hedger bi ho sakta hai jo apna account protect karny ki khosis ma hota hai or ye loss kisi adverse move ki waja sy ho sakta hai. Forex trading ki term individual trader or retail platform ko use karty hain. Hedger apny risk ko manage karty hain or es kay laye wo same lot sy apni trade kay against ik trade or open kar letyn hain.
The Forex Market.
Forex market ik short market hoti hai jis ma trader sell ki or buy ki trades ko open kar saktyn hain. Ham ye bi keh saktyn hain kay ye decentrilized market hoti hai jo buyer ko or seller ko sahulat farham karti hai jis ma wo different currency pair ko or commodities ko trade kay laye use kar saktyn hain. Ye counter par take place karti hai or ye es ma centrilzed exchange ki zarurat ni hoti. Ap ko es ka pata ni ho ga but es foreign exchange ma participate kar chuky ho gy. Ye ap imported products kay order ko use kar kay kar chuky ho gy jis ma clothes, shoes wagera shamil hain. Es foreign exhance ko use karny ki bhot sari reasons ho sakti hain jis ma forex market ka size, es ki variety, level or volatility or 24 hrs availability shamil hai. Es article ma ham sb level kay traders ko detail kay sath discuss karyn gy. Agr ap brand new forex trader hain jo apni knowledge ko build karna chahtyn hain ya phr ap expert trader hai. Ye topic sb kay laye barabari ki tor par beneficial hai.
Two sides of every market.
Es market ka ik aspect to ye hai kay esi price ko use kiya jaye jo quoted hoti hai kiu kay currencies financial system ki base par deal ki jati hai. Ye hamy ik metric valuation par poncha deti hai or ye result hamy confusing kar deta hai. So serf ik side par trade ko open kar kay hamy agr desired result na melyn to ham other side ko foran es ko counter karny kay laye use ni kar sakty. Forex trading but trader mo additional flexability farham karti hai or ye trader or participant ko allow karty hain kay wo pairs or commodity ko jis point par chahyn trade kay laye use kar saktyn hain.
Base vs counter currencies.
Forex quote ki important distinction convention hai or es kay laye first currency jo es list ma use hoti hai us ko ham base currency kehtyn hain. Es purpose kay laye jo second currency use ki jati hai es ko ham counter currency kay name sy janty hain. Ye quote ki convention hai or ye wo currency hoti hai jis ma other currency ko use kiya jata hai. Ik trader kay pass forex ki jetni achi knowledge ho gi wo etna he better work kar saky ga. But agr es kay pass forex ki knowledge ni ho gi to work karna almost impossible ho jaye ga.