How do traders earn money in the forex currency market?

How do traders earn money in the forex currency market?
        Forex traders basically effort to profit from changes in the exchange price. Because of the unbelievable leverage offered to forex traders, a very tiny change in the exchange price can result in a large gain or loss.

        Fortunes can be made or lost promptly in this market; even a move in the exchange price that is corresponding to some hundredths of a currency can be magnified into a significant gain or loss. Most traders believe themselves members of one of two main categories, technical traders and fundamental traders. Technical traders mainly focus on technical analysis, which is the learning of charts and indicators, to trade. They trust that all of the relevant information wanted to place a trade is enclosed within the chart.

        Fundamental traders mainly focus on fundamental analysis, which we can loosely illustrate as the lessons of economics to trade the currency market. They consider that currencies will ultimately become stronger or weakness and due to vary in interest rates and economic policy. Many folks are troubled in the technical aspects of forex trading and have a propensity to feel demoralized when it comes to fundamental analysis.