Selasa, 29 Maret 2011

Trading Forex For Beginners

10.51 | Diposting oleh Admin | Edit Entri

Trading Forex For Beginners
In the currency market, it is possible to make money by buying and selling currencies. To understand how to trade currencies of money in order to understand some basics of the forex market. Foreign exchange market is very much like a stock exchange, forex mechanism involved very similar to those in the stock market. The aim is to exchange one currency for Forex second in the hope that prices will increase so that the currency is bought at a higher value against the currency sold.Every two currencies are involved in trade, as is known, currency pairs.
It is easy to learn how to make money if you already forex investors securities. Forex exchange rate is the ratio of the value of one currency for another. For example, USD / JPY, how many dollars you can buy Japanese yen, and vice versa.
It is important to learn how to read a forex content, how to make money trading forex.Currencies are quoted in pairs like EUR / USD and USD / PLN. That's because each foreign exchange transaction involves two currencies - buying currency on the sale of another.
If the offer as GBP / USD = 1.5, where:
• currency issued before the slash (/) is the base currency
• a right slash is the counter or quote currency.
Another terminology to understand how to trade foreign money Long / Short. If an investor wants to buy, he must wait for the increase in the base currency, so that it can be sold at higher prices. In the jargon it is called Forex, "long" position. As an investor wants to sell the base currency has a lower value, so that you can buy it back at a lower price. This is called a "short position".
Forex robot software is as a private consultant in the work of currency trading. Their algorithms are designed for selecting the best currency pairs to trade and at the right time to trade. All users must do is create an account and trading parameters, such as currency, on the border of profit, stop-loss, etc. The robot is to carry out trade in 24 hours, five days a week, when the forex market is to be active.

Label:

0 komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)

Design by Frans Hartanto.