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Forex trading is a market in which investor buy or sell some specific currency pair. USD, you are actually buying Euros while simultaneously selling U. USD, you are selling Euros and buying U. USD or I think it would be better to short the EUR.
Position Types: As I mentioned in my previous posts that there are two types of positions, BUY position and SELL position. IF we are in BUY position, If market moves up we are in profit. If we are in SELL position the market goes down we are in profit. I know many those who start up with this capital and lost their whole amount in rent and other expenses.