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You have to analyze and study the market conditions to make a profit in currency trading. You have to analyze the FOREX trend in the correct way and do a good trade to see good returns. There are certain advantage of currency trading that make is more popular than stock market trading.
Currency trading market is a 24-hour market. It is open throughout the day or night, depending in which time zone you are in. The buying and selling of currency is a never ending trade and the currency rate is run through telecommunications over the network of banks from Monday to Friday. The buyers and sellers meet on a digital platform known as ECNs or Electronic Communication Networks.
As there are always buyers and sellers to purchase and sell currencies, the market is always in a state of liquidity. Since the currency market is very large and coupled with the liquidity, there is price stability. If there are trading opportunities, traders can immediately take advantage of them rather than waiting for the market to open the following day.
If you are an online FOREX trader, you will be offered a leverage of 100:1, which exceeds the 2:1 offered by equity brokers. This gives traders a huge advantage in their trading and presents an opportunity to see large profits with relatively small investments. However, the leverage can go the opposite way and you can face huge losses if you are not careful.
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One of the most common methods of FOREX trading is to use basic analysis to determine which direction the currency will move. However, you can also take into account how supply and demand affect FOREX and accordingly make you pick. 
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