The following describes the back How Forex Transactions , the substance the basic hardware but very important for a novice trader because we see many potential traders are confused about how to conduct foreign exchange transactions or how to trade forex.
This is a basic concept that must be understood first how can fortunately when exchange transactions
are like this, you must understand :.
Thus, forex trading / exchange transactions of this kind there are 2 of the opening of the transaction and the closing the transaction.
When performing operations of opening, it was called the open / open position, because you open yourself to the possibility of receiving or may lose.
Meanwhile, when performing a closing of the transaction, it is called with position close / CLOSE because you cover all the possibilities can win or loss, and do a profit and loss a reality.
so it can be said that the land exchange transactions :. POSITION OPEN POSITION and CLOSED or OPEN CLOSE and
here dudah see that? Exchange operations open - close, open - close, OPEN - CLOSE continue like this. That's the general idea.
open type there are 2 buy and sell
What does it mean that we can buy and sell used first ? yes, in Forex trading is so, but you should not confuse, and ditidak be confused too deep, so dijelaskanpun will be long. You just know that in exchange, we may buy or sell used first. Here.
Now how that profit from the transaction?
Profit / profit would you get if:
All prices now, you buy then RIDE price then you close
or
All prices now, then you're selling prices down and you close
therefore, for say activities exchange formula happily:
ORDER ==> Price Up ==> CLOSE
SELL ==> low Price ==> CLOSE
so if you want to enjoy, you must know the price if you want to go up or down so you can determine whether to buy or sell.
regarding the way in order to know the price up or down please learn forex technical analysis.
continue practicing how foreign exchange transactions. Here is an example of how foreign exchange:
1. First please log in metatrader, then analyzes the price up or down
2. For transactions, right click on a blank area of the chart, select trading, select New order
3. then select to buy or sell, assume that the last results of our analysis predicts that the price goes up, then select the Buy button (blue)
in the right column there is a profit column, the potential outcome of your transaction. If the value is less, the potential losses. If the value is more, the profit potential.
At the time of the transaction, the results will immediately be less. Minus is because of the spread (in about: brokerage commissions). So do not be surprised when the transaction is less a direct result, it is because you pay a brokerage commission on the transaction.
7. After a while, if the potential benefit is that the value that you want, or you already feel the magnitude of the benefit was enough, do CLOSE, then pentensi fortunately it made a tangible benefit that will go into your account.
How to close the deal is right click on online transactions data and select Close Order.
8. Following the transaction close, the amount of profit it will add to the principal balance / Balance (note the amount of balance)
This is how currency transactions, mainly: first analysis (specify if the price up or down) then decided to buy or sell. after the amount of profit is enough, stay close.