An introduction to the basics of Forex Trading. In order to start understanding how Forex trading works, this video will explain to you the most important terms that you have to familiarize yourselves with and will use on a daily basis when trading Forex. What is a Short position and how is it opposed to a Long one? Which Currency Pairs exist and why do their Rates fluctuate in a volatile way? Terms that seem meaningless to a novice, such as Lots, Pips and Leverage are explained in detail before they become indispensable to your everyday vocabulary.
An introduction to the basics of Forex Trading. In order to start understanding how Forex...
A beginner’s guide to the basics of managing a Forex account. Find out...
A beginner’s guide to the basics of managing a Forex account. Find out here how to place a trade. Decide which Currency Pair to choose and whether to place a Buy or a Sell order, at Market or at a desired rate. Set up a Stop Loss to minimize potential losses and protect your margin. Define a Limit Order to secure your potential winnings.
In volatile, or fast moving market conditions, Stop and Limit orders become market orders to be filled at the prevailing price, which may be vastly different from the desired price. Due to this, there may be substantial losses. Stop-loss or Limit orders do not always guarantee a fill.
The calculation of profits discussed in the videos is subject to any applicable fees that may be incurred by customers.
Certain leverage may not be available in your jurisdiction and you should contact your Forex dealers for more information regarding limitations on leverage.