Thursday, 27 December 2012

Starting Forex for Free with Marketiva

Register a free forex trading account at Marketiva first, we automatically give in capital $ 5 real money free, afterwards Go to Deal Quote Marketiva through Streamster program that you download to your computer. Enter your username and password.

Note : the difference in price Bid and Offer, the price difference is called the "Spread". Spread GBP / USD at Marketiva current 4 point difference. That means you need four points that your transaction Break Event (return of capital). Value is in the "Forex Rate this sometimes can change color between red and green. Color red numbers mean values ​​are down and green means prices are rising value.


If you are new with Forex please read here if you doesn't know what is short, long, etc.

To make the position (shell / sell short)
Simply click one time rate / price in the "bid" (blue box) pair matauang we want. 

To make the position of buy / buy (long)
Simply click on one number / price on the "offer" (blue box) pair matauang we want. 

Once you click on the bid or offer column, it will display "tab order" like below :


Marketiva-Tab Order

Image Description :

Instrument
Filled with the currency pair you want transaksikan (sdh auto fill)
Mis GBP / USD, EUR / USD, USD / JPY, USD / CHF

Buy / Sell
Choose to take the position of BUY or SELL position (typically been filled automatically according to your order when you click the column or columns bid offer)

Price column
Prices were to be transacted (auto-fill)

Price Type
Automatic is filled with "market". No need to be changed if you want to make a deal with the price prevailing at the time.
While the choice of "stop" or "limit" function to order price (order) sometime in the future (not the current price) See the link on how to order (order) price for the transaction at the bottom of this page.

Length and Length Type
Let alone such as that

Quantity
Content according to your capital. If you only have $ 5 in your account live. Play enough $ 1 only. The rest is to preserve your capital, if the price moves in the opposite direction. But when you have more capital than it missal $ 1000 then you can play with up to $ 100 per transaction. Marketiva using 1:100 leverage (1%). Leverage is a margin trading system that allows you to make transactions only $ 100 with a capital of $ 1. Leverage = lever / double the value of your transaction to be 100 times more.

With this leverage system, if you make transactions
$ 1 then the input value of 100 in the Quantity column
$ 5 then the input value 500 in column quantiy
$ 10 then the input value of 1000 on the Quantity column
$ 200 then the input value of 20 000 in the Quantity column
For example, if you want to do the transaction buy / sell $ 10 then it means the number 1000 (from: $ 10 x 100) you have to input (not the value of 10).


Exit Stop Loss
Input value pricing to limit losses. When we are in a position to BUY course we expect the price will rise. And If we are in a position to SELL course we expect prices will fall. But if it turns out we were wrong predictions even price opposite direction, of course we have to limit our losses.

1st Ex : If we open BUY position at 1.8931 we want to limit the loss of 30 points, then we enter the price in the column "Exit Stop Loss" is at 1.8901
2nd Ex : If we open SELL position at 1.8926 we want to limit the loss of 50 points then we enter the price in the column "Exit Stop Loss" is at 1.8976. Suggestions put a stop loss maximum loss of only 2% of the margin (capital) to each trade.

Exit Target
Price targets you want to achieve. When in a position to analyze and estimate your Buy price will move from 1.8931 to 1.9001. Then in the "Exit Target" you enter a value 1.9001. Likewise, whereas if you take the position SELL. Or you can just empty this column alone until you liquidate your position.

Desk
Choose "Live" if you want to deal with the Live Account (for real money belongs to you). And select "Virtual" if you want to transact with virtual currency or virtual (simulated)

Text
Not Required fields

Once your content is properly Tab Order Form Click "OK", then your transaction will be deal you see on screen quote Marketiva (Position) you.

Edit (change) and Liquidate Positions (Closing Position)
To edit or to liquidate Click "Position ID" usually a G2XPD30Z2  such transactions codes.


Note :
I recommend for beginners to using pair EUR / USD, as the pair is in addition to the spread / small price difference (2 pips) price movement is not too wild. If you have experience and want a greater challenge you can use the pair GBP / USD, its price movement can be up to 200 points when certain economic events.

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