Excellent! If you are referring to currency trading, you are talking about what is known as the Forex market, which is the largest financial market in the world, where foreign currencies are bought and sold.

Here’s a simplified look at currency trading:

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What is currency trading (Forex)?

It is the process of buying one currency while simultaneously selling another. Trading is often done in currency pairs, such as:

EUR/USD (Euro against the US Dollar)

USD/JPY (US Dollar against the Japanese Yen)

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How is trading done?

1. Choose a currency pair: For example, if you expect the Euro to rise against the Dollar, you will buy the EUR/USD pair.

2. Open a position (buy or sell).

3. Set a profit target and stop loss (Take Profit / Stop Loss).

4. Close the position when it reaches the target or based on