Online Forex Class

Quote currency rates consist of 2 of the Bid value (selling price at the dealership) and ask (price from dealer). Bid values are often smaller than Ask. Difference / price difference between Bid and Ask is called Spread. Usually we choose a smaller spread is more profitable because we (traders). Marketiva uses Bid / Offer.

Pip (point) Every movement up or down is calculated as units pip or point (for Forex). For example, if we use as capital to purchase 50.00USD pair EUR / USD, each pip will bring value obtained 0.50USD. If a trade position that we do get profit 10 pips, then profits in the unit value is USD 5.00USD.

Position Long (Buy) This is the position of buying a currency trader at a certain price, intended to sell them back at a higher price. Because of this, traders themselves received benefits from the increased market value.

Short position (sell) This is a position trader sells a currency at a certain price with the intention to buy back at lower prices for profit. Because of this, traders profit when the market value decline.

High, Low, Open & Close High - highest price on record is open from the start until now (when) Low - the lowest price on record is open from the start until now (when) Open - prices starting trade on the Close - price closing trade on that day

Market Order means, in the purchase price (ask / offer) during the immediately (real time); or sell at the price (bid) during at that time also. For example, when the EUR / USD shows 1.3554/1.3557 (ask / bid) and buy when you put a position, then your position will be displayed on the display you are trading on price 1.3555. While you can set Target Profit (TP) by 8 pips higher (1.3563) and fetch you 8 pips profit. Vice versa.

Stop Order / Buy Limit Order, if you want to limit the price down a few pips before you buy new. Buy stop price if you want to go up a few pips before you buy a new sell limit price if you want to go up before you sell new. Sell stop price if you want to download it before you sell some new pips.

Available Margin Total net balance remaining in your account that can be traded after the amount of capital plus profit (-loss). Available Margin = Equity (capital) - Used + Profit Margin (-loss)

Confusion between exchange FOREIGN AND RICH QUICK SCHEME

Rich-quick schemes that promise lucrative returns, like state trading profits generated from their activities berrniaga foreign exchange. Activity-rich-quick schemes actually cumalah System Ponzi game.

Because fraud schemes often use the name of the foreign exchange and also features a natural foreign exchange market that prevailed until the high-risk individuals often costly and involved countries, the Bank Negara Malaysia will not issue any license to play the foreign exchange.