hi,
i just started actually using demo accounts to practice, but i am now so confused. i thought i had this down, but the software seems to be telling me different things.
if i "BUY" on USDJPY quoted at say 90.00 am i buying USD or JPY? USD right? similarly, if i "SELL" USDJPY quoted at 90.00 i am selling USD and getting JPY right?
i just started actually using demo accounts to practice, but i am now so confused. i thought i had this down, but the software seems to be telling me different things.
if i "BUY" on USDJPY quoted at say 90.00 am i buying USD or JPY? USD right? similarly, if i "SELL" USDJPY quoted at 90.00 i am selling USD and getting JPY right?