Quote:
Originally Posted by zazakizi
I'm starting to learn Forex from fxcm.com and it's interesting, but there is one thing that my brain just doesn't want me to understand... it's a real basic thing: -A buyer wants the price to go up -A seller want the price to go down To me this doesn't sound logical, because normally a buyer wants to buy for the lowest price and a seller want to sell for the highest price.
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Well, to make it easy for you.. In foreign exchange transaction, you are simultaneously buying one currency and selling another.. Let's say you want to go long on GBP/USD order which means you buy(the one you receive) GBP and you sell(the one you spend) USD simultaneously.. So if you are the buyer, in order for you to receive a lot of profit then you want the price to go up.. And in order for you to make a profit when you are the seller, you want the price to go down..
I hope this would help clear your confusion..
