Forex infrastructure
Before entering in trading, we explain first the supporting infrastructure. To be able to online forex trading takes only a PC computer, and Internet connection. Coupled with sebuat software applications can be downloaded and used free of charge. Not very easy. To see an illustration of online trading directly on your computer with a demo account, you can read the instructions here. And also forex trading can be done at any time, and the clock read in forex trading, for more details.
Basics And How To Trading Forex
Basically play forex is predicting a currency pair that later value will go up or down. And confidence of predictions that we achieve in open trading position (open position).
In forex there are only 2 types of open positions. ie
1 BUY / BUY / LONG: Predicting the value pair will rise
2 BUY / SELL / SHORT: Predicting the value pair will be DOWN
In order for more details, see the illustration below:
Johnson BUY entry at position (BUY) EUR / USD at 1.3000, after a certain time
CLOSE Johnson at 1.3064 then Johnson 64 pip profit
If Johnson CLOSE Johnson in 1250 then suffered a loss of 50 pips
Erick entered in SELL position (SELL) GBP / USD in 1500, after a certain time
Erik Erick CLOSE in 1400 then 100 pips profit
If Erick Erick CLOSE in 1650 then suffered a loss of 150 pips
Note:
- Close means close of trading that is running or open.
- A pip is the smallest unit in the forex. The value and meaning of the PIPS
Conclusion :
- Requirements / infrastructure in forex trading online is very easy and cheap.
- The basis of forex trading is very simple: Buy if it predicts will rise, and Sell when predicting will go down. And if the prediction is correct then will make a profit, if not otherwise.
- Infrastructure, means, and rules to be trading forex is easy, cuman how to trade properly so that could be a winner / profit, the tanker.
