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90. How to Place Your First Forex Trade

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Uploaded by on Apr 11, 2008

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.

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Uploader Comments (InformedTrades)

  • 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.

  • 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

  • gbp/usd

    sold to open: 1.58241

    bought to close: 1.58187

  • Hey Swingkid, Congrats on a profitable demo trade!

    Best Regards,

    Dave

  • .GREAT INFORMATION

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

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All Comments (26)

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  • Thanks for the videos, just out of curiosity, do you make a living from Forex?

    Regards,

  • Good day, I will share how you could make tons of cash uploading youtube videos. Find some royalty free music, backgrounds or sounds. Upload them somewhere. Then sign up with bee4biz (Google it) and lock your download link. Make a video advertising your royalty free download and post protected download link in description. bee4biz pays you each time people complete a survey to unlock your download link. They pay well and they pay weekly.

  • Can anyone explain to me what selling to enter position is. What exactly is it that you are selling I cant seem to understand.

  • Great results with Free Forex Robot!!!

  • 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.

  • 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

  • i bought 1.25405

    and sold 1.2215

    is that good?

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