Give attention to the simple mechanism of earning of the profit even from a small currency movements. For this purpose you should have a little patience and read this section up to end — You will understand how simple this is! Now, let’s begin.
The basic principle of Forex trading is the purchase or sale of the cost of currency pairs against each other. All trading operations are realizes on margin trading principles and with leverage support (1:50, 1:100, 1:200 etc.). For example, if You take the 1:100 leverage support You can trade with currencies, having the capital on your Account less than 100 times than is necessary for realization of such operations. If you buy 100.000 euro against American dollar (1 standard lot of EUR/USD) at price 1.3100, you need only $ 1310 instead of $ 131 000.
How to gain profit at Forex?
Example: You have 5000$ Account .
You estimate that the Euro will rize at price versus Dollar.
In that case, if you buy euro against dollar you will gain profit.
Below presentation can show you this prosess in an interactive way.
No comments:
Post a Comment