Can I only Buy and close the orders.

[newentry]

We can perform our trades both ways and can buy and sell both.

We can perform both trades and go both long and short and can trade simultaneously.

agree, forex, actually is very simple just make order for buy or sell, but the problem is when we have to put them and how long we can make it with constant and consistent?this is a hard side to do and easy to say...

[realfun07]

We can do both buy and sell. Once we open a buy position we can close it when we are in profit. Similarly when we open a sell position then we can close it when we are in profit. We can also close a buy or sell position in loss but usually we don't do it. Buy position is also called a LONG position and sell position is also know as SHORT position.

We can perform our trades both ways and can buy and sell both.

We can perform both trades and go both long and short and can trade simultaneously.

[Jazpa]

m newbie..i have question ..can i only buy any pair and close it...and i have opened demo acount @3000 now i have balance 4213 ..what does it mean??? m in loss or profit..m talking abt demo..

You are in profit my friend. Your balance from 3000 jumped to 4213 and that means you are running on profits. So if are satisfied with the trade then you can close the position and take the profits or you can stay longer in the trade and look what may happen next.

[speedy]

We can do both buy and sell. Once we open a buy position we can close it when we are in profit. Similarly when we open a sell position then we can close it when we are in profit. We can also close a buy or sell position in loss but usually we don't do it. Buy position is also called a LONG position and sell position is also know as SHORT position.

[newentry]

m newbie..i have question ..can i only buy any pair and close it...and i have opened demo acount @3000 now i have balance 4213 ..what does it mean??? m in loss or profit..m talking abt demo..

that is good, you are in positive area...you got profit from your practicing and go on...do not stop in there, get your style and you will know your own strategy...and if you think that you are ready to real account , make it right now but becareful, demo account with real account is different...prepare your self

[princeali]

you can open both side like you can buy it and also you can sell that pair or you can close it and just learn to use the trading terminal as well as the forex basic i am sure you can learn it as quickly as possible but don't show greed in live account ok grab the profits with the small lot size and count the pips that you have to do sure you will have the success

[100c�]

lolz, yes my dear you are in profits but one thing you should kept in mind that forex is not only buy any pair and close it. I don't understand how you made 3000$ to 4213$ by using this method but I suggest you to learn all the basic knowledge and then go on real accounts.

Demo or real mein profit kamana yeh show nahin kerta k aap forex k good trader ben gaiy ho. yes you are right learning basic knowledge is very important. if you are earning profit in real or demo but you don't know the basic that you will suddenly lose all your money.So money management is very important for this business.

[sachin]

Trading in the Gold and silver is altogether a different game as compared to Forex. This is because they are a global commodity and the demand forecasting is not easy to make and it has a direct correlation with the Us Dollar.

So also is the spread in them which is much higher and the capital required for trading the Gold is also high.

[vikas]

keep on learning dude
forex market is full of studies..you have to be very sharp while trading
thsi forum will help you in several ways for learning forex trading

[ketan]

Yes you can buy and close your orders provided the rate gets higher and you get profits from it only then there is point of buying and closing your orders.