How to Deal on Marketiva Forex Trading
To start trading you should use a virtual margin prior to the exercise / demo trading.
Click on the currency pair we will transaksikan. Will appear boxed about: Instruments, Price, Duration, Quantity, Exit Stop-Loss, Desk, Buy / Sell, Price Type, Duration Type, Quantity Type, Exit Target, Text.
Let us discuss one by one:
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Instruments, is that we will Pair transaksikan, can choose EUR / USD, USD / JPY and so on.
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Price, the price, usually dark, if we choose Price Type "market", meaning the price can not be changed - the fox (market price at the time)
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Duration, a period expire if we do order transaction.
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Quantity, is the amount of margin that we are guaranteed. A safe margin amounted to 10% of margin in / Capital. For simplicity we add the digits 0 to stay behind in our margins. For example margins in / deposit our capital in 1000, then the quantity 10% is safe is 10000 means that every one of our pips profit then we will profit by $ 1 => 10% means that if we are prisoners of the power position is 900 pips (depending on the spread of each brokers)
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Exit Stop-Loss, is a limit how many pips if we're wrong position (Risk Management).
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Desk, is a choice and Live Virtual Forex Forex. Virtual means we deal with the simulation / training / demo, Live Forex trading means we beneran with the existing margins.
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Buy / Sell, option buy and sell transactions
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Price type, the limit is the order / pending transactions (against the trend), Market is if we want the transaction while it is also (market price), stop is the order / pending transactions (continued trend).
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Duration Type, ignored it.
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Quantity Type, ignored it.
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Exit Target, target profit (at least 7 pips from the price of open positions)
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Text, ignored it.
Transaction Buy / Long
For example we will take action Buy EUR / USD is how:
We click on the pair EUR / USD, which we need to fill are:
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Instruments => select the EUR / USD
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Quantity => type 100,000 (without point), that is, each of our 1 pips profit equal to $ 10
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Desk => select Virtual Forex (simulation) was
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Buy / Sell => Preferred Buy
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Price Type => Preferred Market
Then click ok, then the layout will be visible positions open positions we trade, long EUR / USD
Description: If we do actions Sell / Buy / Long means we want the price rise.
Illustration take action Buy:
If the prediction rate Euro (EUR) will be strengthened against the U.S. Dollar ($), meaning the price of the Euro will go up, then we take action Sell / Buy / Long. If the position of EUR = $ 1.3600 we Buy (Long) with the quantity 100,000. Then the calculation of profit if the transaction we close / liquid on the price of EUR / USD = 1.3620 is
(1.3620 - 1.3600) x $ 10 = $ 200
Transaction Sell / Short
For example we will take action Sell EUR / USD is how:
We click on the pair EUR / USD, which we need to fill are:
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Instruments => select the EUR / USD
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Quantity => type 100,000 (without point), that is, each of our 1 pips profit equal to $ 10
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Desk => select Virtual Forex (first simulation)
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Buy / Sell => Sell Preferred
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Price Type => Preferred Market
Then click ok, then the layout will be visible positions open positions we trade, Short EUR / USD
Description: If we do actions Sell / Sell / Short means we want the price down.
Illustration Sell action:
If the prediction rate Euro (EUR) will weaken against the U.S. Dollar ($), means that Euro prices will fall, then we take action Sell / Sell / Short. If the position of EUR = $ 1.3600 we Sell (Short) with a quantity 100,000. Then the calculation of profit if the transaction we close / liquid on the price of EUR / USD = 1.3570 is
(1.3600 - 1.3570) x $ 10 = $ 300
For Transaction Live Forex / Trading beneran, then in her living Desk Live Forex selected.
To close the transaction if we consider the profit was enough, there are 2 ways:
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Me-liquid / close the open trade position with the manual, how to live click on the layout Position ID Positions => Close => Yes
2.
With Automatic Target, how to click on the layout Position ID Positions => Exit the content of our Target => OK
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