[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] GEN: Forex Trading.



PureBytes Links

Trading Reference Links



Hi everyone,

    I'm not planning on trading in the Forex.  Just some simple
questions, just trying to learn something.

What is a "tight 3-5 pip spread" ?   Is a pip, like 1 /16th??

With some of advertiseing firms, that have  a $2,500 min opening
deposit, but in the fine print say you must trade in lots of 25 or you
will pay a higher comm.   What is a Lot?

With currency how is your total gained???   Example:  With stocks you
buy 1000 shares @ 5.  You sell 1000 shares @ 6, = +$1000.00.

Is it different for the Yen, Pound, dollar,  etc.?

Sorry for the basic questions, just would like a basic know how of this
area of trading.

Thanks,
Joe Frabosilio