Dec 27
www.informedtrades.com A lesson on how to calculate profits and losses in the forex market for active traders and investors in foreign exchange and currrencies.
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- 103. What Moves the Forex Market? – Trade Flows
- 79. Forex – Over the Counter Vs. Exchange Traded Markets
- 84. A Breakdown of the Forex Trading Day
December 27th, 2009 at 11:48 am
i am day trading for 4 months – started with 2,000 euro -now have balance of 22,000 dollars but it takes vigilance and rolling with the losses .
December 27th, 2009 at 11:48 am
Just a warning everyone. I’ve purchased Peter Bain’s course as well as three other trading systems back in 2003-04 and have been attempting to trade forex for five years. My account balance is still below $100 even though I’m trading microlots. Forex is not get-rich-quick and you can spend years and still be unsuccessful despite buying several trading courses…
December 27th, 2009 at 11:48 am
great video i have value information about the topic if you want learn more you have an open invitation
December 27th, 2009 at 11:48 am
your’s must be a mini not a standard account
December 27th, 2009 at 11:48 am
My pip value is a Dollar not ten dollars.
December 27th, 2009 at 11:48 am
So have I got it correct in saying that if you make a purchase of the ‘AUD/USD’, of one contract size, I would be buying $100,000 Australian dollars.
And…one pip movement would mean 0.0001 USD in order to buy one Australian dollar, which would then need to be convertedt back to Australian dollars to asses the p/l you have encountered so far?
December 27th, 2009 at 11:48 am
Hi dave, how long do you think a trade ,has to be held before?
December 27th, 2009 at 11:48 am
hi Dave ,, really enjoyed this lesson , i wanted to know does the pip cost vary when trading in a different type of account . eg trading in a mini account where the lot = 10000 ? i think the pip cost will be $1 if US is the counter price right ?
December 27th, 2009 at 11:48 am
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
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thanks for sharing good stuff man
December 27th, 2009 at 11:48 am
hey great videos, do you have any tips on how to make good profits i am barely breaking even i have too many pips help.
December 27th, 2009 at 11:48 am
Hi Horsefly4, When trading with most retail forex firms, they standardize the amount traded into contract sizes of either 1,000, 10,000, or 100,000 of the base currency. So in the above video when I say 3 contracts I mean 3 lots or 300,000 of the base currency. Best Regards,Dave
December 27th, 2009 at 11:48 am
what does he mean by 3 contracts?