Forex trading works by buying and selling different currencies with the goal of profiting from changes in their exchange rates. When a trader buys one currency, they are simultaneously selling another currency in what is known as a currency pair. The exchange rate between two currencies is...
Forex trading can be considered a form of investment, but it also carries elements of gambling. Like any investment, there is a degree of risk involved in forex trading, and the potential for both profits and losses. However, unlike traditional forms of investment such as stocks or bonds, the...