Learning Basics Forex

Learning Basics Forex : Learn Forex Trading at this point is crucial and should be able to trade for a nice master the tricks and the right to play trading example that has been applied by the master trading at this time.

In a simple and essentially, trading goals is to achieve a profit or gain. So this is what will be one of the main goals in the final and our learning process. However, usually without realizing it and you will get turned into a figure which is more desiplin, patient, calculating, and can control themselves well. Because you can not possibly make a profit that is stable without it all.

General Knowledge
Forex broker, is that the middleman between sellers and buyers together. And in this case we use is a broker which has allowed us to transact online. By using this online broker trading business will be very easy and simple. Usually the broker has facilitated the application where we can easily place an order.

When you can trade forex?
Trading can be done 24 hours a day, 5 days a week Monday / Friday

    Starting from New Zealand and Australian market hours 5:00 a.m. to 2:00 p.m. pm,
    Then to the Asian markets, namely Japan, Hong Kong and Singapore at 7:00 to 16:00 pm,
    Then the European markets of Germany and England at 13:00 to 22:00 pm
    To the American market hours 20:30 to 10:30 pm.

With this long interval of time that, you can customize when trading with your spare time.

Pips and calculation of profit and loss
Unit movement / smallest price in the forex counted in points / pips. Value of each point will vary according to type of currency pair (pair) and the type of contract.
Profit / loss = (Sell Price - Buy Price) x contract size x lot

    Example:
    Buy 4 standard lots of EUR / USD 1.2500 then SELL 4 standard lots of EUR / USD 1.2570
    Profit = (1.2570 - 1.2500) x 100,000 x 4
    Profit = $ 2,800

Note: the majority of applications used for trading (MetaTrader) there is a facility that automatically calculates profit / loss. So you do not have to do it manually

Deposit / Withdraw
Deposit is a process where you fill the balance / balance to be used for trading.
Withdraw is a process where you melt the balance / balance into dollars. Deposit and withdraw it later you will experience when you have been trading with real money. To start the process of learning or we do not memperlukannya, because generally the broker has provided facilities for trading with virtual funds (toy) is often called the Demo Account.

Learning Forex
Why is it called the process, the point to be able to be a reliable trader, there is no dictionary or formula for sure. You should find yourself a secret is inside you. Positive or capital nature is you have to be disciplined and increasing Knowledge / knowledge. Some important points which you can use as a reference in increasing stages of knowledge:

Technical Analysis: Charts, indicators, time frames
Fundamental Analysis: Knowing the market, and its effect on the movement of forex pairs
Trading Psychology: How individual and psychological factors largely determine the future of your trading.
Money Management: Setting balances, lot, capital, and risk calculation

Forex Risk
Forex like a double-edged sword. With forex can make us rich quick, but the opposite can also mengikikis snap out of our capital. So that forex has a high risk factor. So understand completely the risks in forex. In a simple and basically, our goal is to achieve a profit trading or profit. So this is what will be one of the main goals in the final and our learning process. However, usually without realizing it and you will get turned into a figure which is more desiplin, patient, calculating, and can control themselves well. Because you can not possibly make a profit that is stable without it all.

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