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How to trade forex. trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great currency to trade foreign how source of income. to put it into perspective, the securities market trades about $22. 4 billion per day; the forex market trades about $5 trillion per day. you can trade forex online in. The base currency is the currency on the left of the currency pair and the quote currency is on the right. put simply, when trading foreign currencies, you would: buy a currency pair if you believed that the base currency will strengthen against the quote currency, or the quote currency will weaken against the base currency. To buy and sell currency, start by examining the exchange rate for various currencies around the world. choose a currency to invest in that is expected to remain stable, or, ideally, increase in value, and do a few simulated trades on a demo trading account. Foreign Exchange Trading Guide Updated 2019 Xe Currency Tradi...