Dear teacher and friends

Beginner Questions
1

i have completed the school of pipsology but i still not able to place the trade when i want to enter and excite …

i have tried like this …

i see that market is going up from bid/ask price value in afternoon there is 1.2281/1.2279 and at evening there is 1.2300/1.2303 … i can mark that the bid/ask is same from afternoon to evening …

so i can see the market is going up as price is increase from 1.2281 to 1.2300 … so i put the trade eur/usd sell… at position 1.2300 … but its remains in loss why it is so… as market is going up so i can have more buyer … then why it is loss ???

please make me understand what to do with this … how i trade what i have to calculate and what should i understand to place the trade …

how this bid/ask price related to market … and this trend line is moving up then what to do ??/

yaar please tell me … am getting irritating by reading and reading all things available on the net … please please give me help… friends … i want to start the but due to basic knowledge i am not getting it … i am lagging behind … please

2

i can see that 14 has views this thread but there is not a single one going to help me… whats the use of this site ???

3

Bid = The best price being offered by the buyer
Ask = The best price being offered by the seller

I would suggest going through the school of pipsology one more time and chances are you will probably learn something new or attain the AHA moment.

For every trade you place, you need to pay a spread. Which is the difference between the bid and ask. E.g. the spread for euro usd is usually about 2 pips.
Thus when you buy or sell, you are immediately down 2 pips due to paying for the spread.

I hope that clears some of the doubt you have.

4

The trade is holding a loss because you sold with the market going up. If you wanted it to be in profit you should have bought.

5

Guess you havent read enough, because this info is everywhere,

Those 14 people are just being nice, and would rather say nothing,

If you believe this journey in FOrex is going to be easy, go find another career, or hobby.

just sayin

6

O, and Im not sorry for the crude post, its reality…

I have no idea how long you have been " Learning", but it takes time.

If you went thru the school, and still cant figure it out, then Forex is not for you… I recommend you just quit… Or you life will be filled with Aggravation, stress, and decrease in assets, because your going to lose everything you deposit.

Forex is a baddddd badddd, monster that wants to eat you alive.

7

If price increase you need to buy and if price decrease you need to sell.

8

Welcome to the forum. Please excuse my mentioning that “bumping” a 5-year-old thread to state the obvious is an unusual and perhaps slightly less than optimal way to start off your membership here.