...since a lot of accounts are supplied with Usd.
Thank you.
rudenstein
Thank you.
rudenstein
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If you buy gbp/usd and sell eur/usd, is that the same as being short eur/gbp? 1 reply
DislikedLOL...this isn't a course, this is a forum. Sign up for a forex course or two before I start thanking you for joining the 95% club.Ignored
QuoteDislikedWhat is traded on the Foreign Exchange? The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro dollar and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).
DislikedR: There is an old adage "Best to be silent and thought the fool, than to open your mouth and remove all doubt"Ignored
Dislikednice, i admire how high your iq can go giving a noob advise.
you are truly smart and professional people, my respects for those kindergarten answers.
some people here forgotten when they got started, or maybe they got a trader gene so they did not learn anything and just started trading, this question has rounded the mind of many people when they start.
"How can you sell Eur before selling Usd", i bet most of the jokers here even dont know the right answer. probably they ll come up after me with an answer they just googled.
for the starter of the thread.
www.babypips.com (http://www.babypips.com) , can give free your mind of the normal logic, forex is illogical.Ignored
Dislikedbillflet,
babypips.com is indeed a great resource.. been reading for hours at a time already.
Indeed, my question (which was rushed and which I should have elaborated from the start) pertained to selling something that hasn't been bought yet.
rudensteinIgnored
Dislikedbillflet,
babypips.com is indeed a great resource.. been reading for hours at a time already.
Indeed, my question (which was rushed and which I should have elaborated from the start) pertained to selling something that hasn't been bought yet.
rudensteinIgnored