by xmenlawn on 29 Aug 2009
Yub the two above comments are correct.
When you buy you need to consider the spread. eg buy at 1.9845 sell 1.9849 the spread in this case is 4 pips meaning you are losing it to the broker who's doing your trade. So your total money gain made minus the spread to get your return profits.
One advice for beginners is to buy the pair which has a small spread.
I didnt know this until i traded serveral time. Everytime i traded for short run and saw profit i just take it and end up losing lol which was rediculusly outrageous and i didnt know what the hell was going on i made a gain why am i losing lol. Anyway Good luck.
Kind Regards,
Chan ^_^