In recent years, more and more people are doing it.
Most senior forex workers can earn some income from forex.
However, for beginners, it may be difficult to make a profit in the investment process as they do not know much about forex.
Many beginners can’t make money from forex because they don’t know forex and even some forex words don’t know what they mean.
For example, many novices don’t know what it means to go short, the difference between going short and going long?
The main reason for short foreign exchange is that foreign exchange is a two-way profit model.
Two-way profit means that you can make money whether the price goes up or down.
If it goes up, investors can profit by buying, which is called going long.
If the outer bars fall, investors can profit by selling the currency, which is known as shorting.
In stock trading, you can only profit if the stock goes up, that is, by going long.
Why are currencies short?
For example, when/rises, investors can buy euros and sell them in dollars.
In this way, the same fund can get more dollars, that is, profit.
Instead, when it falls, investors can profit by selling euros first and then buying dollars, like doing business before the holidays, waiting until they make money and then returning the money they originally borrowed.
Forex shorting is actually a trade in which you sell high and buy low to gain the difference.
This is a kind of sell before buy trade forex short can be said to be a big advantage, but also a large number of stock speculative customers turn to forex speculation is one of the important reasons.
Besides forex shorting, forex has many advantages, such as 24 hours tradable, T+0 trading pattern, non-manipulable, etc. What does forex shorting mean?
Going long simply means, in investment terms, that if a promising stock or futures has the prospect of rising in the future, you can profit by buying and holding it and waiting for the price to rise.
Again, we can use the analogy of buying grain.
Being long means that when we see food prices rise, we will buy food during this period and store it.
Once the price of grain rises, we will sell the grain to earn the middle price difference.
What is the difference between short and long forex?
The difference between short and long FX is not hard to understand.
In short, this means that long makes money on the way up and short makes money on the way down.
While both have price differences, one is going up and the other is going down.
There’s still a big difference.
For beginners, we have to understand the difference between going long and going short so they can know how to make a profit when they invest.
Going long and short in foreign exchange are two opposite investment decisions. One is bullish and the other is bearish.
However, it can also be a way for investors to stop their gains and losses, buying low and selling high.
The Fed may step on the accelerator as global central bank resolutions come thick and fast.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
