Returning again to the explanation on how to play forex, especially for beginners who are just about to start trading forex. Here's a guide how to play the correct online forex trading for beginners is easy and profitable.
Forex essence managing the existing capital account in forex by way of acquisition as buying or selling goods that no forex market.
Forex essence managing the existing capital account in forex by way of acquisition as buying or selling goods that no forex market.
What are these things? the goods in the form of a currency pair or commonly called the Pair. For example GBPUSD, EURUSD, GBPJPY and others.
But even if you make a purchase, the goods do not you hold, but only recorded only in your forex account transaction records.
The advantage of this forex game that is out of the price difference. For example the current price of GBPUSD is 1.6580, then you buy a 1 lot (100,000 units). Hose 1 hour price of GBPUSD rose to 1.6595, and then you close the deal then your profit is the difference in price x 100,000 is equal to 0.0015 multiplied by 100,000 = $ 150
To be able to profit in forex course have to use trading knowledge, and it is basically the science used to play forex traders are the same, just that's it. What distinguishes the least profit in forex is MENTAL each trader. If able to regularly trading / disciplined in playing strategy forex course the result of profit. But if it gets swayed by the market, it means forgetting the strategies that have been made then the result is a loss.
So if you are a disciplined person, then your chance to be able to profit in forex is high enough.
The essence of the stage to begin playing the forex namely:
1. Creating a forex account
You could say this stage is the stage of forex broker list to create an account forex / forex account that will be used to accommodate your capital fund.
2. Install metatrader
What it metatrader? MetaTrader is a software transaction spot forex or forex. Metatrader so it should be installed first into the PC, laptop, tablet or smartphone that will be used for forex trading.
3. Deposit
Once your account so forex, metatrader already installed, it's time to fill your account with a forex capital. The process is called a capital injection of deposit. You can deposit using a credit card, transfer using mobile banking or cash deposit, a deposit with Skrill and FasaPay.
4. Forex transactions
This is the essence of forex ie transactions / trading. Here is your daily physical activity in forex to make a profit.
But even if you make a purchase, the goods do not you hold, but only recorded only in your forex account transaction records.
The advantage of this forex game that is out of the price difference. For example the current price of GBPUSD is 1.6580, then you buy a 1 lot (100,000 units). Hose 1 hour price of GBPUSD rose to 1.6595, and then you close the deal then your profit is the difference in price x 100,000 is equal to 0.0015 multiplied by 100,000 = $ 150
To be able to profit in forex course have to use trading knowledge, and it is basically the science used to play forex traders are the same, just that's it. What distinguishes the least profit in forex is MENTAL each trader. If able to regularly trading / disciplined in playing strategy forex course the result of profit. But if it gets swayed by the market, it means forgetting the strategies that have been made then the result is a loss.
So if you are a disciplined person, then your chance to be able to profit in forex is high enough.
The essence of the stage to begin playing the forex namely:
1. Creating a forex account
You could say this stage is the stage of forex broker list to create an account forex / forex account that will be used to accommodate your capital fund.
2. Install metatrader
What it metatrader? MetaTrader is a software transaction spot forex or forex. Metatrader so it should be installed first into the PC, laptop, tablet or smartphone that will be used for forex trading.
3. Deposit
Once your account so forex, metatrader already installed, it's time to fill your account with a forex capital. The process is called a capital injection of deposit. You can deposit using a credit card, transfer using mobile banking or cash deposit, a deposit with Skrill and FasaPay.
4. Forex transactions
This is the essence of forex ie transactions / trading. Here is your daily physical activity in forex to make a profit.
Where to begin if you want to play forex? Of course must register first. Please see the guidelines posted on: LIST OF FOREX
Please follow all stages of the forex yard list, there a complete walkthrough to the stage to make a deposit. Once your account has been filled forex so and capital, then stepped to the next stage which is the stage play forex itself.
Regarding how the transaction or how to play the forex is like this picture:
First, you should know first that in forex, you profit if:
- Conducting transactions BUY then the price goes up, and then you close the transaction
- Conducting SELL transactions and the price drops, and then you close the transaction
So in forex, we can profit from prices moving up or moving down prices, as long as the types of transactions that we do right if it was a buy or sell it.
Try to note, that in forex there are 3 activities performed as follows:
1. Transact
2. Awaiting the price goes up or down
3. Closing the deal
Let us discuss one by one in order to play forex activity you do can profit result.PRACTICE PLAY FOREX
* DO TRANSACTIONS
Step right before the transaction was analyzed whether the price is going up or going down. So please first analysis graph (easier the technical analysis) if you want to learn technical analysis please yard: Free Technical Analysis
For example if you are sure the direction the graph going up, then do a transaction BUY. Or for example if you are sure you want to go down towards the graph then do a transaction SELL.
How do transactions:
For example, that we are analyzing is the GBPJPY pair, and we believe the direction the graph going up, then the way the transaction are:
Press F9 on the keyboard, set the amount of the transaction volume (lot), then click the Buy button by Market. Then click OK
Please follow all stages of the forex yard list, there a complete walkthrough to the stage to make a deposit. Once your account has been filled forex so and capital, then stepped to the next stage which is the stage play forex itself.
Regarding how the transaction or how to play the forex is like this picture:
First, you should know first that in forex, you profit if:
- Conducting transactions BUY then the price goes up, and then you close the transaction
- Conducting SELL transactions and the price drops, and then you close the transaction
So in forex, we can profit from prices moving up or moving down prices, as long as the types of transactions that we do right if it was a buy or sell it.
Try to note, that in forex there are 3 activities performed as follows:
1. Transact
2. Awaiting the price goes up or down
3. Closing the deal
Let us discuss one by one in order to play forex activity you do can profit result.PRACTICE PLAY FOREX
* DO TRANSACTIONS
Step right before the transaction was analyzed whether the price is going up or going down. So please first analysis graph (easier the technical analysis) if you want to learn technical analysis please yard: Free Technical Analysis
For example if you are sure the direction the graph going up, then do a transaction BUY. Or for example if you are sure you want to go down towards the graph then do a transaction SELL.
How do transactions:
For example, that we are analyzing is the GBPJPY pair, and we believe the direction the graph going up, then the way the transaction are:
Press F9 on the keyboard, set the amount of the transaction volume (lot), then click the Buy button by Market. Then click OK
* PROCESS WAITING
Forex is not the job was completed in a matter of minutes and then you profit, but there is a lag time must pass until the price moves ahead, because this forex gain from the price difference. Therefore, after the transaction the next process is the process of waiting for the results if the price moves up or down.
In this waiting period please do something else. Not recommended you keep staring at the computer screen in front -menerus chart because it can disturb your mental that could provoke you to close the deal before its time.
Do other normal activities such as eating, drinking coffee, watching TV, chatting with the child or others. You should look at the movement of the graph, eg 1 hour.
* CLOSING THE TRANSACTION
Once the desired profit is achieved, do the closing of the transaction in order to profit it into reality and into your account.
The amount of profit can be seen in the right hand column of the transaction line profit. If the value is positive, then the profit. If the value is negative then the loss if the closing of the transaction is done.
How close the transaction that the transaction row right-click and then click Close Order
If you already closed the deal it means already completed the first cycle of forex. Next live to repeat the cycle while practicing analysis and discipline to conduct transactions only when sure which direction the graph.
Things were better when playing forex is to always wear a stoploss and TakeProfit on every transaction made.
Stoploss is a limit to prevent greater losses. While the take profit is to maximize profits to be gained.
How to install and takeprofit stoploss can be learned when you follow Forex courses that we conduct, as well as tips and strategies in playing forex profit.
Things were better when playing forex is to always wear a stoploss and TakeProfit on every transaction made.
Stoploss is a limit to prevent greater losses. While the take profit is to maximize profits to be gained.
How to install and takeprofit stoploss can be learned when you follow Forex courses that we conduct, as well as tips and strategies in playing forex profit.
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