few questions about FOREX?
December 18th, 2008
bboyballer112 asked:
I’m just doing some research and I am trying out a demo for trading,
I’m just doing some research and I am trying out a demo for trading,
1) I see things like USD/GBP and it says buy sell, I don’t understand when to buy and when to sell. I lost 8,000 already in fake money how do I know when to sell
2) What do the numbers represent? It says USD/GBP then buy:1.53399 sell: 1.5444 I don’t understand what these numbers represent and why they keep fluctuating.
3) Whats the spread for?
4) Whats the RollS and Roll B for?
5)Whats the pip cost?
6)Whats MMR?
Anything helps guys I’m 20 years old so yes I am a dunce at this and I don’t know anything from the left side of the screen to the right, but its summer so I wanted to learn something new. I am taking macroeconomics just to see if it may help me. Do you think also think working at a bank might help?
BARROSO
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