begin with a balance of US$100.prelaunchx

SUBMITTED BY: Guest

DATE: Nov. 29, 2013, 8:28 p.m.

FORMAT: Text only

SIZE: 566 Bytes

Raw Download

HITS: 2041

Report
  1. http://prelaunchx.com/x/dole77
  2. How does it work? As an example, if you expected that the Euro would gain value
  3. against the U.S. Dollar, you may buy Euros in exchange for U.S. Dollars.
  4. To do this you would place a buy order on the EUR/USD currency pair.
  5. Then, if the exchange rate moved as you expected, you could then close your transaction,
  6. which would exchange the Euros you purchased back into U.S. Dollars
  7. at the new higher exchange rate. In this case, you would earn a net profit.
  8. This type of transaction is called “going long”.