9
Mar

90. How to Place Your First Forex Trade

Posted in forex  by admin on March 9th, 2010

http://clk.atdmt.com/FXM/go/nfrsieng0100000402fxm/direct/01/
A lesson on how to place your first forex trade for traders who are new to the forex market.

Duration : 0:4:9


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23 Responses to “90. How to Place Your First Forex Trade”

  1. HollyDirector Says:

    One of my friends …
    One of my friends told me about a excellentl forex system and I was very interested to check it out. I can say that it turned out to be much more than I expected. The system works perfectly, I joined recently but already made my first profits. I told my other friends about it, and now they also started to earn money on Forex. And from what I know they also are successful traders with it. Learn it at [ MakeMoney8RRcom ](replace RR with a dot)

  2. Barbatois Says:

    think of it, not as …
    think of it, not as starting negative, but, more like you are paying commission up front against your trade. On commodities, stock, etc… you are paying commissions, but on forex, you are not. You are paying spread.

  3. flagship21 Says:

    how does anyone …
    how does anyone make money on forex??? When you place a trade your already at a lose to the market maker. Also you could get wipe out in less then 20 min

  4. Rennfahrer555 Says:

    i bought 1.25405

    i bought 1.25405
    and sold 1.2215

    is that good?

  5. laton0 Says:

    i found this forex …
    i found this forex system based on price action
    pipsexpressdotblogspotdotcom

  6. liesashan Says:

    be wise not greedy …
    be wise not greedy with forex
    learn more at bit. ly/bestforex

  7. sysopkc Says:

    Sort the Sterling …
    Sort the Sterling against the Euro long

  8. raufjanaka Says:

    Hello Dave! I have …
    Hello Dave! I have placed my first forex trade. after it appears Open and Close rates. What are they and what is the difference between them? Thanks!

  9. elwalvador Says:

    I imagine that much …
    I imagine that much like shorting a stock (selling a stock you have not bought), you would probably borrow Euros from your broker-dealer (FXCM) sell them while simultaniously buying the dollar.

    I any case, its really not that important, just know that you can sell things you haven’t bought and can benefit from doing so if the prices decline.

  10. hack5678 Says:

    EUR/USD

    bought to …
    EUR/USD

    bought to open: 1.25302
    sold to close: 1.25543

    ^^

  11. mcfarlni Says:

    Hi Dave, I’ve been …
    Hi Dave, I’ve been watching your your trading videos for some time now and I thank you for taking the time to do this.
    Q-when you say sell to enter a position due to the base strengthening, I’m so lost how can I sell something I have not bought?

  12. WeHaveNoUsername Says:

    Hi Dave, I’m new at …
    Hi Dave, I’m new at this forex stuff. I appreciate the info you put out there. With all the information you give us, would that be sufficient enough to do real trades or would you recommend any reading material? Thanks

  13. InformedTrades Says:

    many are in …
    many are in agreement here that over the long term the bailouts will cause the USD to weaken, however in the short to medium term because of a number of factors which we are discussing on InformedTrades the USD is in an uptrend. Best Regards, Dave

  14. shakaama Says:

    i’ve been watching …
    i’ve been watching msnbc and they say that the markets have already priced in an obama victory. with that said, i’m of the opinion that given the bailout has passed and we are continuously bailing out more companies, the euro will stregnthen.

  15. swingkid Says:

    Dave, thanks for …
    Dave, thanks for all your informative videos. I really appreciate all your efforts.

  16. InformedTrades Says:

    Hey Swingkid, …
    Hey Swingkid, Congrats on a profitable demo trade!

    Best Regards,
    Dave

  17. swingkid Says:

    gbp/usd
    sold to …

    gbp/usd
    sold to open: 1.58241
    bought to close: 1.58187

  18. Nkatsikanis Says:

    I bought a 1000 USD …
    I bought a 1000 USD from the USD/EUR. But I didn’t have euroes in the first place i think

  19. InformedTrades Says:

    hi scotlad29, …
    hi scotlad29, Thanks for the comment I am glad you like the video. Best Regards, Dave

  20. scotlad219 Says:

    .GREAT INFORMATION
    .GREAT INFORMATION

  21. InformedTrades Says:

    Hi Willie,

    Don’t …
    Hi Willie,

    Don’t worry will be going into that.

    Best Regards,
    Dave

  22. willietrader Says:

    Dave

    where the …
    Dave

    where the stop you need to show how to protect one’s account

  23. ecpayne1 Says:

    I already know what …
    I already know what “Pips” are. They sang with Gradys Knight! :) The demo trading software is cool. Thanks!

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