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Old 12-13-2006, 10:53 PM
mayodele mayodele is offline
 

Join Date: Dec 2006
Posts: 3
Default Its very easy

You buy 1 lot of a currency pair, it gets you into the market, that means you think the market will go long and when you sell same pair of currency, you get out of the market.

Lets assume you buy 2 lots of the same currency pairs, that means 1 lot will close your orginal position and 1 lot will remain in the market and that means you think the market is going short.

Dont look at it as if yo are buying or selling but look at it as you you are getting into the market by taking a position (long or short) and getting out of the same position when you do the opposite.
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