Posts Tagged ‘long’

FOREX: long and short of it

Thursday, August 21st, 2008

Making profit in Forex trading revolves around one basic principle, buying cheap and selling high. The ideal goal of a forex trader should be to invest in some currency that will give profit while selling it in future. With a little twist however you can also make money in forex trading by selling high and then buying low. Surprised? Let’s explore.

This happens because it is irrelevant in forex trading if the price of the currency is going up or coming down. You can make profit in both the situations. Here comes the concept of playing either Bull or a Bear.

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