| Need Help on MetaTrader4 Far As Forex Trading?

Need Help on MetaTrader4 Far As Forex Trading?

Bob asked:


Last Friday, I have money invested in Dollar VS Euro. I choose dollar over Euro because of the average indicator and other technical indicator showing that the Euro currency is weakening.

I put $500 on Sell in US/Euro, the Euro value went against me and I have about -$200 in my current trade. However, I figured that eventually I can leave the trade alone for the weekend.

Last Monday, I look into my account and noticed that I have a -$900. The Euro was more weaker and that my prediction was correct. However, why was I been marked as -$939.60 leaving me to pay the broker for the -$380.04 that I owed.

What I also noticed that there is a Swap penalty but I need to know more about it. Why am I being charged with Swap penalty and could that be the reason why I lost money?

Here is the screenshot to show my trade….

http://i27.photobucket.com/albums/c160/Bopkasen/lostmoney.jpg

Note: I am practicing on “paper” portfolio and not real value.

How do I avoid that hidden or unseen problem when trading in the forex trading including using the software?

What do I need to do in order to manage my lots position properly?

Net Advisor, I don’t mean to be rude but you are wrong.

There is nothing different between a real money and a paper money.

This isn’t a game, I invest in foriegn exchange like I would with real money.
I have great analyst skill and extremely intelligence.

The last thing I need is an insult to my intelligence.

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2 Responses to “Need Help on MetaTrader4 Far As Forex Trading?”

  1. Net Advisor on September 20th, 2009 6:51 am

    Sorry, if you are looking for help currency trading, and you are losing before you even get in, that should tell you how you are prob going to do. Playing with real money is far different that play accounts.

  2. F.H on September 21st, 2009 9:49 am

    Trading Forex in real is different than the demo. Since, in real situation, in man cases brokers do not honer stop loss or trailing stops.

    Joine the link below and receive free forex buy/sell signals: