# Travel Talk > High, Lows and Extremes >  How to trade currency online

## roxsannestrauss

Trading currencies online has become increasingly simple thanks to advancements in technology and more competitive for self-managed Forex accounts. Forex involves trading currency pairs for the purpose of profiting on perpetual price movements between two currencies. Forex is the largest investment market in the world, with over $4 trillion in value traded daily as of 2012, reports BabyPips.com

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## donaldyates

Thank you for the information.

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## davidsmith36

Exchanging monetary forms online has turned out to be progressively straightforward on account of headways in innovation and more focused for self-guided Forex accounts. Forex includes exchanging cash sets with the end goal of benefitting on unending value developments between two monetary standards. Forex is the biggest speculation showcase on the planet, with over $4 trillion in esteem exchanged every day.

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## sankalppatil732

The EUR/USD rate represents the number of USD one EUR can buy. If you think the Euro will increase in value against the US Dollar, you buy Euros with US Dollars. If the exchange rate rises, you sell the Euros back, and you cash in your profit. Please keep in mind that forex trading involves a high risk of loss.

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## davidsmith36

The EUR/USD rate represents the number of USD one EUR can buy. If you think the Euro will increase in value against the US Dollar, you buy Euros with US Dollars. If the exchange rate rises, you sell the Euros back, and you cash in your profit. Please keep in mind that forex trading involves a high risk of loss.
Most traders fail because they make the same mistakes over and over. A diary can help by keeping track of what works for you and what doesn't. Used consistently, a well-kept diary is your best friend. When keeping your diary, make sure that it contains at least the following:

    The date and time you took the position.
    The rate at which you took the position.
    The reason you took the position.

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## MichaelDDorsey

Well, as I know, everything depends from the coutry and its culture and of course from the currency system

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## ElsieWatson

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## karunyakk

hahaa tataan

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## karunyakk

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## karunyakk

jaha kya reh vaytya

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## Anandi

> Trading currencies online has become increasingly simple thanks to advancements in technology and more competitive for self-managed Forex accounts. Forex involves trading currency pairs for the purpose of profiting on perpetual price movements between two currencies. Forex is the largest investment market in the world, with over $4 trillion in value traded daily as of 2012, reports BabyPips.com


I recently decided to trade on the forex exchange, and I am wondering where can I read useful information about trading?
I only found this trading academy and it is not very bad.

finex.co.id/blog/category/tips-untuk-trader

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