Hi All
Scott here. Just started on this journey about two weeks ago. In the place where everything is new and somewhat challenging to the brain. Eespically currency pairs buying one and selling the other and then selling one and buying the other. Trying to work out the mechainics of this seems cruical but also quite confusing. to where you make the profit on the sell. As i undestand that if you buy a currency when its low and the sell it back you are effectiviely exchanging the original amount your purchased back into the quote currency and if that has weekened against the the base currency which has increased the vaule of the base currency.
Need help with selling the base currency and understanding how you make money on that transaction side?