What is Forex - 2 Minute Explanation

What is forex and how to make money The most basic forms of forex trades are a long trade and a short trade. In a long trade, the trader is betting that the currency price will increase in the future and they can profit from it. A short trade consists of a bet that the currency pair’s price will decrease in the future. A scalp trade consists of positions held for seconds or minutes at most, and the profit amounts…