How to get a Money from Forex

How to get a Money from Forex

How do I get money from forex trading? What about the possibility of mendapatkannnya? Thus some fundamental questions about forex often cast. In the business of trading forex, there is only the activities of buy or sell currencies. Remember, the difference between the sale price and the purchase price is a value that determines whether you're going to profit or loss. Once again, the purpose of forex trading is to expect the price will be changed, i.e. the currency you are buying has increased in value, and thus you will gain from the difference between the value of the currency.

At least, you can bersimulasi before actually entering into a real forex trading. Thus, you will have enough time to develop the analytical capacity of yourself, add your insight into the ins and outs of forex trading, as well as strengthen your forex profit instinct.

It will really help You in avoiding defeat the actual forex trading. Bersimulasi will be very good for a beginner forex trading, it is always advisable to increase the capacity of the trading and train the instinct.

Money from Forex Trading

Forex Transactions

1. Buy/Sell (Buy/Sell)
2. In the forex trading terms that are commonly used are:
3. Buy or Long or buy it: If you think the base currency will go up.
4. Sell or Short or selling: If you think the base currency will go down.

Difference between supply and demand (Bid/Ask Spread)

Quote (Bid) is the price at which you as the merchant will sell the base currency.
Request (Ask) is the price at which you as the merchant will buy the base currency.
The bid price is always lower than the demand, and the difference is often referred to as a Spread. In forex trading, this difference in the broker usually take advantage as the cost of their services.

Close/Close Transactions

After you buy a pair, of course, later You will be selling more to realize a profit. Well in forex it is popularly called by Close.

So,
If You Buy the original, to close means CLOSE (Sell)
If You Sell the original, to close means CLOSE (Buy)

Good to here you have learn ultimate 3 in forex trading are:
Buy/Sell, Close, Bid/Ask Spread, as well as
Next let's look at how we can earn money from forex trading (this might be Your waiting for reply from last)

Advantages of Forex Trading

Let's look at an example of a common quotation displayed in an online forex trading system.

GBP/USD

BID SELL 1.2800
ASK 1.2804 BUY

Look above that spreads on forex pair GBP/USD, bid prices and ask prices 1.2800 is is 1,2804.
Such as Your current estimated value of GBP will be strengthened/ride.
Then you take a BUY/sell GBP/USD at 1.2804
After some time, the price change (See display below)

GBP/USD

BID SELL 1.2820
ASK 1.2824 BUY

Seen here that what You predict correctly. And the value of the GBP/USD is moving up.
Well, now is your chance to be able to realize a profit by doing CLOSE (Sell), so Close (Sell) GBP/USD at 1.2820

So from 1 trade transactions last advantage is you get are:
1.2820-1.2804 = 16 Pip (Pip is the smallest possible price movements in currencies).

Well, now the question is, what if it turns out the price of GBP/USD move against/does not comply with Your estimates. (See display below)

GBP/USD

BID SELL 1.2770
ASK 1.2774 BUY

If you do CLOSE (sell) in this position, refer to:
1.2770 – = 1.2804-34 Pips (you lose 34 Pips)

Well, when You do this it is up CLOSE, with Your analysis.
If the GBP/USD will continue to fall (preferably close now for meminimal loss), or you believe the GBP/USD will back up (don't close it now, wait for the ride back to get a profit (+))

So Pip yg you are getting here is the profit/money means to you!