FOREX Trading Math: Fractions, Decimals, Quotes and Your Money!

FOREX Trading Math: Fractions, Decimals, Quotes and Your Money!
When: February 16th, 2012 @ 3:30 pm Central
Where: Online
What: Getting to know FOREX with "Currency Trading" author, Carley Garner
How:
Perhaps the most intimidating aspect of trading currencies in the FOREX market is the complex mathematics required to calculate profit, loss, and risk. With the convenience of modern trading platforms, the grunt work is done for traders automatically but that doesn't mean traders shouldn't have a full understanding of how the numbers they see on their statements, and in their trading platforms, are derived.
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Join us to discuss in detail the following topics:
Mechanics of pairs trading
Calculating pips and profit
Calculating and understanding margin and leverage
What does a quote of $1.3225 in the Euro REALLY mean
The "new" pip...dealing in fractions of a pip within a trading platform
And more!
www.CurrencyTradingtheBook.com
DeCarley Trading
1-866-790-TRADE(8723)
info@decarleytrading.com
www.DeCarleyTrading.com
*THERE IS SUBSTANTIAL RISK OF LOSS IN TRADING FOREX, FUTURES AND OPTIONS!
Published on January 24, 2012 09:53
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This blog notifies followers of commodity trading educational events, articles, and television appearances. We also share samples of our futures and options trading newsletters, market commentary, and
This blog notifies followers of commodity trading educational events, articles, and television appearances. We also share samples of our futures and options trading newsletters, market commentary, and commodity trading ideas.
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