Learn how the international currency market works.
Familiarize yourself with fundamental and technical analysis methods – they help you predict the movement of any variables using mathematical models.
Take a closer look at derivatives in particular (PFIs, also called derivatives). After all, deals with forex dealers are PFI contracts on currency or currency pairs.
Read the articles about the stock exchange and investments. Many books have been written on the subject of trading.
And before you conclude an agreement with a forex dealer, you should carefully study the documents. Special attention should be paid to the risks of trading on the Forex market, about which the dealer must warn you.
Suppose after a day the price of the euro really rises to $1,223. You don’t think it will rise anymore and you close the deal. Thus you fix the profit: $(1,223 – 1,213) x 100 = $1. This money will be credited to your real bank account by the Superaposta brasil reveja – your deposit will be replenished. If the euro falls to $1.113, your loss will be: $(1,213 – 1,113) х 100 = $10. And this money will be written from your bank account by your forex dealer.