Aug

Currency Trading - Yes. There are six major currency pairs, and

By admin

Yes. There are six major currency pairs, and trading these pairs account for more than 80% of FOREX transactions: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, and USD/CAD.

How often are trades made?

Market conditions often dictate trading activity on any given day. As well, the type of trader you are will coincide with your trading activity. Day-traders might trade as often as 10 times a day. Whereas, Swing traders might make a small amount of trades a week. Position traders might only trade 1 to 3 times a week or a month.

How do I calculate profits and losses in my trades?

When you close a Long trade, subtract the price you bought from the price you sold. Then, multiply the difference by the number of lots traded and the transaction size. Here is an example of buying 5 mini lots of the the EUR/USD at 1.1500 and selling the same 5 mini lots of EUR/USD at 1.1523 (1 mini lot equals the transaction size of 10,000) : ($1.1523 - $1.1500) = $0.0023 x 10,000 = $23 x 5 = $115. Similarly, to calculate a loss, suppose the position closed at 1.1480, the result is a $100 loss: ($1.1480 - $1.1500) = - $0.0020 x 10,000 = -$20 x 5 = - $100.

Currency Trading Courses
Currency Trading Software
Currency Trading Course

Rating: 0.0/10 (0 votes cast)

Categories :

1 Comments

PATRICK
September 11th, 2010 at 12:10 pm

CheapTabletsOnline.com. Canadian Health&Care.Special Internet Prices.No prescription online pharmacy.Best quality drugs. High quality pills. Order drugs online…

Buy:Valtrex.Arimidex.Mega Hoodia.Synthroid.Actos.Accutane.Zovirax.Zyban.Prevacid.Nexium.Petcam (Metacam) Oral Suspension.Lumigan.100% Pure Okinawan Coral Calcium.Prednisolone.Human Growth Hormone.Retin-A….

Rating: 0.0/5 (0 votes cast)

You must be logged in to post a comment.

Product Reviews

Forex Articles

Currency Trading - Yes. There are six major currency pairs, and

1 Comments

Leave a Comment