Hi everyone,
I’ve been reading a lot about the forex exchange market, but I'm still trying to fully understand how it works. I know it's the largest financial market in the world, where currencies are traded 24/5, but things like pips, leverage, and currency pairs still confuse me a bit. How do traders actually make money in forex? And is it something beginners in countries like Pakistan can get into safely? Would really appreciate if some experienced members could break it down in simple terms. Let’s get a helpful discussion going!
I’ve been reading a lot about the forex exchange market, but I'm still trying to fully understand how it works. I know it's the largest financial market in the world, where currencies are traded 24/5, but things like pips, leverage, and currency pairs still confuse me a bit. How do traders actually make money in forex? And is it something beginners in countries like Pakistan can get into safely? Would really appreciate if some experienced members could break it down in simple terms. Let’s get a helpful discussion going!