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Hi,
Take a look at what I marked in this print screen picture: http://www.muchtv.net/huh.jpg You can clearly see that the pair number is higher than the price I purchased the currency, but still I'm in huge negative profit. How come? lucky me it's only a demo account  Thanks. QUOTE(CANADA2006 @ Feb 2 2006, 03:41 PM) [snapback]1083851[/snapback] Hi, Take a look at what I marked in this print screen picture: http://www.muchtv.net/huh.jpg You can clearly see that the pair number is higher than the price I purchased the currency, but still I'm in huge negative profit. How come? lucky me it's only a demo account Thanks. It looks like because you went short Edit: That means as long as it keeps going up your going to get more in negative. When you short a position you want the trend to go down. QUOTE(Heywood U. Cuddleme @ Feb 2 2006, 12:54 PM) [snapback]1084018[/snapback] It looks like because you went short Edit: That means as long as it keeps going up your going to get more in negative. When you short a position you want the trend to go down. What does this short mean? I'm kinda new FOREX
QUOTE(CANADA2006 @ Feb 2 2006, 03:55 PM) [snapback]1084034[/snapback] What does this short mean? I'm kinda new FOREX I must have edited my post while you were replying That means as long as it keeps going up your going to get more in negative. When you short a position you want the trend to go down. Hard for me to explain exactly how it works, but thats the jist of it. Edit: I'm new to forex also, I've learned some things, but I'm not good at trading because I'm more of a hands on learner and would need somebody to show me how.
It means instead of opening a buy trade since the market was trending upwards you opened a sell trade
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