🤔Why is THIS the World's Largest Market?
Or is market main paisa banta kese hai? We've got you covered.
FOREX.
Duniya ki sabse Important and the largest market.
Jis main central bank tak involve hai, or wo market jo kai logo ki full time job hai, Career hai.
Aaj tumhain is ki fundamental knowledge or working, tools or important currencies—sab kuch simple tareen alfaz main samjhaya jaye ga.
So, take a copy and a pencil and start noting down the details:
Here’s what we are going to cover:
Table of contents:
What is Forex?
How do you trade in Forex?
What is a pair, and how does it work?
What are base and quote currencies?
How to decide which currency to buy or sell?
What is Forex? And how does it work?
Tum na jante hue bhi Forex main participate kar chuke ho.
Agar kabhi out of country kaam ya vacation ke lie gae ho toh jab tum ne currency ko convert kia kisi or mulk ki currency main to wo tumhara pehla Forex ka experience hi to tha.
Or agar tum travel karte rehte ho meri tarah toh tum currency exchange sirf tab karte ho jab mulk se bahir shopping karni hoti hai.
Ya phir kabhi online shopping ki ho jis main tumhain currency convert karni pari.
Ab aam logo ke lie toh currency swapping ka kaam itna important nahi— Lekin investors ke lie hai.
Forex kai logo ka profession, career, or full-time job tak forex exchange se juri hui hai.
Ye duniya ki sab se bari market hai—Kyunke is main rates fluctuate hote rehte hain all the time.
Ab international commerce se hatt kar, currency exchange samajhna financial investments ke lie bohat important hai.
Stocks main invest karne ke lie bhi tumhain forex seekhni parhti hai or forex trading ana zaruri hai.
Or is se milta hai mauqa paise chapne ka. 🖨
Forex Trading in example:
Agar ek US investor $1000 exchange kare Canadian Dollars ke liye...
Aur is waqt ke exchange rate ke mutabiq use mile CAD 1.40000 for every USD...
Toh total uske paas aajayega CAD 1400.
Ab imagine karo—ek saal baad exchange rate change ho gaya hai, aur ab CAD USD ke barabar ho gaya hai.
Aisa kyun hua?
Yeh is wajah se ho sakta hai ke ya toh USD ki value kam ho gayi ho, ya CAD ki value barh gayi ho.
Ab gaur se suno:
Ab uske paas $400 aa gaye profit mein, jo usne CAD mein convert karke rakhe the.
American bande ne 40% profit banaya —sirf apni currency kisi doosri currency mein convert karke.
Ab baat karte hain Forex currency pairs ki:
Forex pair do currencies ka pair hota hai jo aik dusre ke against trade ki jati hain.
Or aise kai 100 pairs available hain lekin in main bhi crypto main BTC, Algo, Ethereum ki tarah kuch pair extremely popular hain.
Jese ke:
EUR/USD – Euro against the US Dollar
USD/JPY – US Dollar against the Japanese Yen
GBP/USD – British Pound against the US Dollar
Har currency pair ka ek fixed exchange rate hota hai jisse pata chalta hai ke ek currency kitne rate mein exchange hogi doosri ke muqable mein.
What are the base and quote currencies?
The base currency hamesha pair ke left side pe hoti hai, and the quote currency right pe.
Base (left wali) currency always equals one, and quote currency—pair ki current quote price ke barabar hoti hai.
Yeh show karta hai ke kitni quote currency chahiye hogi ek base currency ko buy karne ke liye.
So, when you're trading currency, you're always selling one to buy another.
Forex main 1% change bhi bohat bari shift hoti hai, depending on what’s involved.
And currencies are the easiest thing to leverage. For traders.
Why Forex Is So Volatile (And Profitable)
Forex mein 1% change bhi bohot badi shift hoti hai, depending on what’s involved.
Currencies are the easiest asset to leverage for traders.
Aur ek reason jisse Forex trading itni popular hai ye hai ke tum thore paise borrow karke bhi is 1% shift se higher returns kama sakte ho.
But like any kind of trading—jahan gain hai, wahan loss bhi hai.
Agar currencies up/down fluctuate karti hain, to tumhara portfolio bhi waise hi effect hoga.
Lekin ghabrane ki baat nahi—agar tum already kisi aur kisam ki trading kar rahe ho (stocks, crypto, etc).
Kyun kay the of trading (just like stocks & crypto) mein bohot research karni parti hai.
How to Decide Which Currency to Buy or Sell?
Ab traders ye kese decide karte hain ke kon si currency buy karni hai konsi sell…Us ke lie bohat sari different approaches available hain.
Kuch technical patterns use karte hain currency exchange ke trends ko identify karne ke lie ke agey ye kahan tak jaye gi.
Lekin majority kya karti hai?
Majority of the currency trading main fundamental research involve hoti hai, just like stocks.
Kaunse Factors Decide Karte Hain Currency Ki Direction?
Bohat sare factors aise hain jo influence karte hain ke currency kis taraf jaye gi, or ye sare investors ko apni research karte hue pata hone chahiye.
Lekin jese bhi tor mor lo ye sare jaa kar jurte aik hi rule say hain:
Currency Supply – The Central Bank Factor
Just like other assets, currencies have their value determined by the number of people buying the currency, or how many people are exchanging their own currency for the one in question, as well as the amount of the currency available.
On the supply side, most people are aware that fiat currency essentially comes from the central bank.
This is often a separate entity from the government and creates government-regulated money to be used within the country.
As with other things, the more there is of a currency, the less valuable a unit of that currency becomes.
This is the basic idea behind inflation.
Mehngai.
But we won’t be discussing it right now, let’s save that topic for another day.
This is another step toward improving your financial literacy.
Hope this is helpful.
Signing Off,
Team Inspired Analyst.
P.S. Ruko bhai, abhi is ka part two bacha hai… Would you like to receive it on Friday?