Forex has some important things when you enter the Forex Trader World.
Forex stands for Foreign Exchange or foreign currency exchange . Transactions in money changer or bank called the SPOT Forex Transactions ( Transactions place ) Non SPOT transactions are transactions or only indirectly contract alone .
Lot : mini and standard contractsLot referred to as the unit of measurement in the Forex , Forex example in the use of lots : 1 lot = 10,000 currency , and as a standard contract .marginThe margin can be exemplified as follows , assuming that you buy all the land or a house worth 100 million dollars you will submit 30 million as a sign or advances . you then binding purchase contract on the ownership of the land or house . you are legally entitled to the land or the house as yours . then you sell to someone else for $ 140 million dollars . then you have to give up the rest of the purchase price of 70 million to the seller first , you got a 40 million dollar difference as profit .
leverage
Is the leverage in Forex trading is the ratio to determine how much margin (deposit) required in the transaction, where the ratio will be multiplied by the contract size. Example: Leverage 1:200 on a mini contract account is 10,000 then used margin (1/200) x 10,000 = 50 units traded currencies.
Is the leverage in Forex trading is the ratio to determine how much margin (deposit) required in the transaction, where the ratio will be multiplied by the contract size. Example: Leverage 1:200 on a mini contract account is 10,000 then used margin (1/200) x 10,000 = 50 units traded currencies.
Eg open a position USD / JPY for 1 lot for a mini contract, then the purchase is $ 10,000, the margin requirement is equal to 1/200 x $ 10,000 = $ 50. If trading with GBP / USD then used margin is 50 pounds. For the Standard account, the contract used was 100,000 with 1:100 leverage, so 1 lot USD / JPY = USD 100,000 and the margin required 1/200 x $ 100,000 = $ 1,000
buy
Buy understanding in Forex trading is to buy if the price is expected to rise. and buy when things are cheap.
sell
Sell sense in trading is expected to sell if the price will come down. and sold in the state will go down.
Order and Position
Order is an order to buy or sell a book at a certain price, but if the order is delivered or there turned out to match his opponent, when the opponent is called a hard no position, if you have to sell so-called closed position
Buy understanding in Forex trading is to buy if the price is expected to rise. and buy when things are cheap.
sell
Sell sense in trading is expected to sell if the price will come down. and sold in the state will go down.
Order and Position
Order is an order to buy or sell a book at a certain price, but if the order is delivered or there turned out to match his opponent, when the opponent is called a hard no position, if you have to sell so-called closed position
Floating Loss / Profit and Realized
Floating Loss referred to as a loss, an example of a position to buy 9500 then the price dropped to 9000, if you count losses -500. but tomorrow will slow lorises price moves up or down.
Floating Profit referred to as an advantage, for example a position to buy 9500 then the price rose to 10,000, if you are lucky calculated +500. but tomorrow will slow lorises price moves up or down.
Realized is closing or selling decision on the position of Floating Loss / Profit.
Floating Profit referred to as an advantage, for example a position to buy 9500 then the price rose to 10,000, if you are lucky calculated +500. but tomorrow will slow lorises price moves up or down.
Realized is closing or selling decision on the position of Floating Loss / Profit.
Technical Analysis
Analysis of the movement of the price fluctuations were measured using the price chart. It is very meaningful and mandatory notice of the technical analysis of the trend, saturation, support, resistant, and the pivot point.
pip
Pip is worth 1 point increase or decrease in the price movement. for mini accounts, nila1 point is $ 1, $ 10 for a standard account.
Fundamental analysis
is an analysis in Forex trading to predict price movements based on fundamental news. Fundamental news news here in the form of economic, politic, and security that affect price movement.
Okay up here first, please understand and learn especially for beginners to enter the world of traders.
I give lessons as a recommendation of a video that you can follow to become a Forex trader.
I give lessons as a recommendation of a video that you can follow to become a Forex trader.
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Trading for newbies
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