Buying rebateforexfee cashback forexing foreign exchange, also known as forex trading, can be a very exciting hobby and may bring a lot of investment income From a macro perspective, the securities market rebateforexbroker two thousand two hundred and forty million dollars a day; and the foreign exchange market is about five trillion dollars a day Your initial investment doesnt have to be much, and predicting where the market is going can be a very real shock You can use a variety of Ways to rebateforex and sell foreign exchange online  1. Learn the basics of forex trading Understand basic forex terminology The Forex Rapid Rebate you are spending, or selling, is the base currency The currency you are buying is called the denominated currency In forex trading, you sell one currency to buy another The exchange rate tells you that you want to fire the denominated currency to buy the base currency For example, if you want to buy some dollars in pounds sterling, you might see an exchange rate like For example, if you wanted to buy some dollars with pounds, you might see an exchange rate like this: GBP/USD = 1.589 This rate indicates that you would pay $1.589 to buy one pound Long indicates that you want to buy the base currency and sell the denominated currency In the above example, you want to sell dollars and buy pounds Short indicates that you want to buy the denominated currency and sell the base currency In other words, you would sell pounds and buy dollars The bid ForexRapidRebate is the price at which your broker is willing to buy the base currency with the denominated The bid price is the price at which you are willing to buy the base currency The bid price is the best price at which you are willing to sell the denominated currency in the market The ask price, or ask price, is the price at which your broker is willing to sell the base currency to buy the denominated currency The ask price is the best price at which you are willing to buy from the market The spread is the difference between the bid price and the ask price  2. Looking at a foreign exchange quote, you will see 2 pieces of data on a foreign exchange quote : The bid price is on the left and the ask price is on the right   3. Decide which currency you want to buy or sell Make a forecast for the economy If you believe that the U.S. economy will continue to be weak and bad for the dollar, then you may want to sell dollars to buy a currency from a place with a strong economy Look at a countrys trade situation If a country has a lot of goods that are in demand, then that country may If a country has a lot of goods that are in demand, then that country may be exporting a lot of currency and making money, so the trade advantage will stimulate the countrys economy and push up the value of the international currency. For example, reports on a countrys GDP, or reports on other economic factors such as employment and inflation, will affect the value of the countrys currency  4. Learn how to calculate profits Points are used to measure the change in value between two currencies Usually, one point is equal to 0.0001 of the change in value For example, if your EUR/USD trade changes from 1.546 to 1.547, the value of your Multiply the exchange rate by the number of pips in your account. This calculation will tell you how much your account has increased or decreased