Foreign exchange can be "bought" or "sold". "Buy" means that you buy the foreign exchange, and "sell" means that you sell the foreign exchange. At this time, you are confused: I How can I sell it if I don’t have it? ! You can sell, and foreign exchange is a spot transaction with deferred delivery. When you (close the position), the trading system will automatically purchase foreign exchange for you at the closing price and deliver the foreign exchange to the "sell". Do you understand? Foreign exchange is a two-way transaction that can be bought or sold. As long as the market price fluctuates, as long as you can control the market trend. You can make money!
Foreign exchange transactions are mainly divided into the following two types:
1. Foreign exchange margin trading;
Foreign exchange trading business started by foreign investment banks, with mainland Chinese individuals participating in the transaction The account is opened through an agency in China. Foreign exchange margin trading is to magnify your trading funds by 100 times (maximum 500 times) as a margin, and the trading investment risk is controlled within the margin. For example, if you invest 100 yuan, your risk will be controlled within 100 yuan. Your transaction uses this 100 yuan as a margin, and the funds are magnified 100 times to make a transaction of 10,000 yuan. If you make a profit, your profit will be calculated based on 10,000 yuan. In real time, it means using 100 yuan to make a transaction of 10,000 yuan. This is also the reason why foreign exchange margin traders are so popular these days.
2. Foreign exchange real offer trading;
Use 100 US dollars to buy euros, and if the euro rises against the US dollar, you will make money. This is real foreign exchange trading. The principle of foreign exchange margin trading is the same. The difference is that 100 US dollars is magnified 100 times and a transaction of 10,000 US dollars is made.
Specializing in foreign exchange is the same as speculating in stocks and futures. They are both financial products. If stock dividends are not considered when buying stocks, then the essence and content of speculating in stocks and speculating in foreign exchange are the same. The difference is that foreign exchange transactions are more flexible and not subject to geographical restrictions, so you will not be trapped. Individuals can open an account at a foreign exchange agency in Shanghai to participate in foreign exchange investment (such as opening an account at Fred Foreign Exchange).
If you want to know more, you can search "Fred Forex" on Baidu or Google. The first website to search for ethics is the official website of Germany's Fred Forex.