A savvy trader who recognises bearish trends may capitalise by “selling” a currency at current prices, with the intent of “buying” it back when markets drop.
Monitoring current events in the countries of interest is a good practice, especially if you are trying to make short duration trades.
This isn’t The Wolf of Wall Street. You can open a trading account with as little as $100 and make trades from your phone.
1. Lot Currencies are usually traded in specific amounts called lots. A standard lot is 100,000 units, although mini-lots and…