buying price/selling price question
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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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youve answered your own question
"A buyer wants the price to go up" "normally a buyer wants to buy for the lowest price" if you buy at any point in time you want it to be the lowest point over a given period of time (or pips). buy low, sell high OR buy high, sell higher.
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CodersGuru MQL4 course |
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Basically you need to buy at a low price and sell at a higher price. It doesn't matter if you BUY FIRST at a low price (LONG) to SELL LATER at a higher price or SELL FIRST at a high price (SHORT) to BUY LATER at a lower price. Either way you make a profit.
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Quote:
I hope this would help clear your confusion..
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