How to Make Money in Forex & How It Works



How forex trading works and how to make money in forex for beginners. If you want to know how to make money trading forex and if you are looking for some forex basics for beginners, then this video is for you.

If you want to make money forex trading, you need to understand how trading forex works first before you dive head first into the markets.

The way how forex trading is done is that you need to perform 3 main types of analysis. However, even if you did the analysis perfectly, it does not guarantee that you will make money forex trading.

However, you also need to employ good emotional control in order to make money forex trading.

Before you perform the analysis you need to understand why traders perform those analysis to begin with. So you will need to know how forex works first before you learn how to make money in forex.

In future videos, I’ll talk more about how to trade forex using fundamentals and technical analysis in detail. For now I’ll just briefly share with you how forex market works and how to make money from forex.

This forex basics series is meant as forex basics for beginners.

—————————————————————————————————

Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/

MENTORSHIP PROGRAM ONLY FOR SERIOUS HUSTLERS : http://bit.ly/2qkIvRj

——————————————————————————————————

Music Credit:

Adventures by A Himitsu https://soundcloud.com/a-himitsu
Creative Commons — Attribution 3.0 Unported— CC BY 3.0
http://creativecommons.org/licenses/b
Music released by Argofox https://youtu.be/8BXNwnxaVQE
Music provided by Audio Library https://youtu.be/MkNeIUgNPQ8

https://youtu.be/zqG1Zy9O2Go Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

source

28 thoughts on “How to Make Money in Forex & How It Works

  • August 25, 2021 at 9:34 am
    Permalink

    I'm mostly a technical analyzer than a fundamental one. I think this is good for the kind of trader I am and want to be a pro on (a day trader)

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    I love sentiment analysis more because it's the final driver of the market

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    Thank you, Karen, your video really gives me an open eye to start trading.

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    I use all analis but mostly this is fundamental and technical becose im swing trader.

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    I perform both technical and fundamental analysis
    Because both are must for becoming a good trader comsistently profitable trader

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    Pls u said in a video that there are many ways to make money so u don't put pressure on your trading account ..pls i need to know some of the ways ..thanks

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    Karen what do u mean by sentiment analsys? i know fundamental by news, technical by statistic, and sentiment by what?

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    i put my e mail on your screen but no have any e book download from there . so, i do anything wrong ?

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    There is nothing more beautiful than watching you bounce back every time you hit a failure. It give me the motivation to do the same.

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    I'm starting to miss your hustle vlogs, your meetings and you swim trainings and your lunch breaks and your late night videos.

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    YouTube. You should dismantle the thumpdowners icon. Hate is unwanted anywhere and everywhere.

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    Great brother..
    Kindly share more such basic trading vedios… as allot of as are beginners….♡

    Reply
  • August 25, 2021 at 9:34 am
    Permalink

    Hi Karen, I tend to do mostly technical analysis but I also take into account news and overall sentiment (the sentiment I get it from analysts as well as reports that have a view of the economic data that is released). My bias points are all still based on technical analysis. I try not to predict but to react and see what scenarios are likely and which give me good R:R.
    I do swing trading mostly, in Forex I feel that this works well. Maybe in stocks fundamental analysis may get more importance for a Swing or Position trader (in my opinion).

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *