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Forex Trading Corner, Let's discuss forex strategy
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F1meteor
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Nov 23 2006, 02:11 PM
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hmm.. don't really understand this thing QUOTE If you use high leverage and get super lucky. Let's say you leverage your positions at 100:1. That means that if you start with $1,000, at full margin, you can trade $100,000 of currency.
So, if you have $1,000 to trade and you want to buy Euros for example, if the EUR/USD pair is at 1.20 and it rises to 1.21 in ten minutes you make a $1,000 profit. You double your initial investment in just ten minutes! why does it meant by having $1000 but can trade $100k? is this means i just pump in 1k, and i have 100k as capital? if i lose all 100k, then i have to pay additional 99k?? haha.. any good sites that allow me to play a demo account?? This post has been edited by F1meteor: Nov 23 2006, 02:11 PM
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F1meteor
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Nov 23 2006, 02:35 PM
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so, in the example above, the real profit i earn is $1000 or $10??
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F1meteor
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Nov 23 2006, 03:15 PM
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QUOTE(Minimayo @ Nov 23 2006, 02:38 PM) To make it easy , let's say u have deposited $1000 (USD) and u open a position for 20000 quantities = ( 200usd) . At the PortFolio it will show that your Used Margin : 200.00 and Available Margin : xxx - (Amount after deduct your Used Margin and Total Profit) Example : GBP/USD [Bid = 1.9143] [Offer = 1.9148] You Short on G/U at 1.9143 with 200 USD and u will see a -5 pips because of the 5 pips spread. What will show in your Portfolio is like below : [USD 1000.0000] Used Margin : 200.0000 Available Margin : 790.00 Total Profit : -10.00 ok ok.. i get it.. it was buy: 1.9148 * 20000 = 38296 sell: 1.9143 * 20000 = 38286 so, i'll lose $10 correct? This post has been edited by F1meteor: Nov 23 2006, 03:36 PM
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F1meteor
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Nov 24 2006, 03:44 PM
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QUOTE(Quincy @ Nov 24 2006, 11:22 AM) Ermm Long = Buy Short = Sell Bulls = pair currency go up Bears = pair currency go down Short means sell? last night i was in marketiva. i don't know what i click while buying, but it wrote there short and then i also don't know what happen and i lost 4 pips usually those i buy are all long. i played with usd/jpy. bought a lot at 11pm++. then morning wake up bought below 116.20 and sell at 116.30
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F1meteor
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Nov 24 2006, 04:16 PM
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QUOTE(hunt17 @ Nov 24 2006, 04:09 PM) in my understanding, short means u buy GU at 1.8953 for example.. then it goes down to 1.8900 .. u gain 53 pips. but someone said short = sell? hmm.. i also pening.. cause i read from babypips.com, it said bears mean sell. QUOTE(~~5ive~~ @ Nov 24 2006, 04:11 PM) wat is the difference between buy and sell then? buy is u use money to buy stock at what price sell is u sell your stock on hand at what price those are just special terms..
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F1meteor
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Nov 24 2006, 04:29 PM
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using marketiva right? no, it won't clean up. there is 3 or 4 tabs for u to chose and see. the 1 your looking at probably is the trading that you had done, for example what price you buy and what price you sell, both in 2 rows. there is a tab which shows you the price you buy and sell in single row.
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