I’ve been thru the school section, I have setup a demo account and did some trading. I have lost and I have won but there is still one thing I do not understand completely. I feel kind of stupid asking, but here I go.
If I’m trading eur/usd I understand I’m buying euros and selling dollars. If price goes up, I make money. Life is good.
However, when I go short, that is, selling euros and buying dollars, right? So, how can I be selling euros If all I have is dollars?
Thank you for your understanding
Sebastian