How do I get profit on Forex?
Example 1. GBP/USD Let your deposit equal 3,000 USD. Leverage 1:500 on Forex Market allows to operate the sum equal 1,500,000 units of base currency. You expect increasing of US currency cost against general world currencies on Forex Market. And decide to sell GBP against USD on September 22nd, 2005. At the same time you realize the risk of trading the maximum sum, and sell only 30,000 GBP against USD at 1.8000 12 days later, on October 3rd, 2005 you decide to close your short position and buy GBP at 1.7540. Thus, your operation profit on Forex Market equal: (1.8000 – 1.7540) * 30,000 $ = 1,380.00 $ Accordingly, the trading yield equal: (1,380 $ / 3,000 $) * 100 = 46 % of the initial deposit. Click here to open bigger screenshot in new window Example 2. USD/JPY Let your deposit equal 2,000 USD. Leverage 1:200 on Forex Market allows to operate the sum equal 400 000 units of base currency. You expect decreasing of US currency cost against general world currencies on Forex Market. And dec