Forex trading involves buying one currency while selling another. Profit or loss is measured in pips and depends on position size, leverage, and exchange rate movement.
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Pro Tip
Never risk more than 1-2% of your account on a single trade. Leverage amplifies losses as quickly as gains.
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Did You Know?
The forex market trades over $7.5 trillion per day - the largest and most liquid market in the world.
References
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