AFX club

Umm In these 4 days . Somehow managed to learn basics of FX . It's quite hard and complex .

I tried to make some profit but I can't manage it . Till this day I'm 21% down on my total assets.

But slowly I will understand you . I will make you mine ❤️

Should I record my trade and post online ?
Comment down below 👇

Currency Pairs and Quotes

- **Currency Pair**: A forex trade involves buying one currency and selling another simultaneously. Every trade is quoted as a pair, such as EUR/USD (Euro against the U.S. Dollar).
- **Base Currency**: The first currency in the pair (e.g., EUR in EUR/USD).
- **Quote Currency**: The second currency in the pair (e.g., USD in EUR/USD).
- **Bid/Ask Price**:
- **Bid Price**: The price at which the market (broker) will buy the base currency from you.
- **Ask Price**: The price at which the market (broker) will sell the base currency to you.
- **Spread**: The difference between the bid and ask price. This is a broker's profit margin and is one of the main costs of forex trading.

Forex (Foreign Exchange)** refers to the global marketplace where currencies are traded. It is the largest and most liquid financial market in the world, with an average daily turnover of more than $6 trillion.

Forex is easy money”**: Many people believe that forex trading is a quick way to make a lot of money. While profitable, it requires education, strategy, and discipline.
Day 1