How Trading Forex

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How Trading Forex

How Trading Forex
Date: Mar, 2015 Share This

How to profit by trading forex? There are two ways: "buy" (buy) and "sell" (sell). If you want to take profit when prices rise, then "buy", while if you want to take profit when prices fall then "sell". For example we have a field GBP / USD and crop tool we have chosen is "buy", automatically it means we "buy" GBP and "sell" USD. Whereas if the crop tool "sell", it means that we "sell" GBP and "buy" USD.

Thus, trading in the forex market is actually simple, similar to other markets. Especially if you have experience trading stocks, then forex trading course will be easy.

The difference is on traded goods, namely currency. One currency is exchanged for other currencies in the hope the price will change direction according to our estimates. Well, to be trading with the right, we need to know first the following points.

Reading Quotation (Quote Forex)
It has been learned in the previous section that forex is always in pairs. Basically in Forex transactions, when we buy (buy) one currency, we automatically sell (sell) currency into its counterpart. Read More

Position Long / Short
To trade, we must first decide whether to order 'buy' or 'sell'. Read More

Price Bid / Ask
All quoted prices in forex written in two prices: the bid and ask. Bid price is usually lower than the ask price. Read More

Pip and Pipette, Seeds Forex Profit
Pip is a unit of measurement that shows the change in value between the two currencies. For example, the pair USD / JPY moved from 91.24 to the 91.23 figure. Now, the increase in 0:01 is called ONE PIP. Read More

Leverage and Margin
When will enroll in any forex broker, we will meet with a choice of leverage and margin. Furthermore else, we will often find the term is everywhere, because its role is quite important for the sustainability of our trading account. Thanks to this, anyone can trade forex, despite minimal capital. Well, what is leverage and margin in forex?

understanding Leverage
Leverage can be translated literally as 'leverage'. By the term, it is more or less could be interpreted as 'leverage' offered by the broker so that we can trade large capital although we are small. This is because in order to really be profitable, it actually will need a big capital. Bac


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