In this video I break down a question I hear from beginners all the time: “Where does the money go when I trade forex?” People think forex is some kind of game where your loss automatically becomes another trader’s profit. So I simplify it and show you what a forex transaction really is—an exchange of currencies—so you stop guessing and start understanding what’s happening behind the scenes when you click buy or sell. I also clear up the confusion around who you’re “trading against” and why sometimes you can win while someone else also wins, depending on the market and the flow of orders. The key takeaway is that you must stop focusing on conspiracy theories and start focusing on what you can control: your setup, your strategy, your psychology, and your risk management. When you understand the basics, it becomes easier to learn things like SMC properly and avoid the common beginner mistakes that keep people blowing accounts.