Noob Question Regarding buying/selling

Beginner Questions
1

I thought the basic principle was to buy a currency at a certain price, and then sell it to make the profit. Or Vice Versa.

I’m quarter of the way through studying the Pips School, and i figured after so much theory, i should maybe get a ‘hands on’ feel with a demo account.

So i’ve opened a demo account with Alpari, using the MetaTrader software.

What i dont get is, you click to buy at a certain price, and then to make ‘profit’ you click again to ‘close’ the bid. Whats happened to the whole ‘buying’ and ‘selling’ ?

2

When you “close” a position you’re exiting one you entered (opened) previously. If you’re long (had bought) it means selling. If you’re short (had sold) it means buying.

Does that answer your question?

3

I got confused because i clicked to buy at a certain price, and then clicked ‘sell’ at the right time, and ended up with 2 positions open. Buy and Sell.

Thanks, i get it now :wink: