Hello everyone! I’m very new to forex trading and hope to learn fast from you guys. Going through the school.
Glad to know you’re learning from our School of Pipsology! Keep us posted on your progress and don’t hesitate to ask if you have any questions. See ya!
I put about 7 hours into the school yesterday and finished preschool, but I do have a question. Something here just isnt clicking just yet. Now if I fund my account with USD and start trading… say I buy on eur/uds and then turn around to close it making some profit. Now if the value of the euro continues to climb then esentially my money in my account not trading currently, is loosing value correct? So I would have to be buying/selling a LOT to end up making an actual profit on a daily or weekly basis correct? or is there something I am missing here