Forex trading is done in currency pairs. For example in the EUR/USD pair: a “buy” transaction means buying Euros while selling US Dollars, while a “sell” transaction means selling Euros while buying US Dollars. When expecting the Euro to weaken and the USD to strengthen, the trader will open a “sell” trading position.
On the other hand, when predicting that the Euro will strengthen with the USD weakening, the trader will open a “buy” trading position. Thus, forex traders can benefit, both when a currency weakens or strengthens.
In addition, another advantage of forex trading is that it can be done in various currencies around the world, so we will never run out of profit opportunities. Although, traders generally trade only seven major currency pairs: EUR/USD, USD/JPY, GBP/USD, NZD/USD, USD/CHF, AUD/USD and USD/CAD
Pips is the smallest unit (4 decimal broker) of price value, can also be called as a general form of a fx value addition.
1 lot = 100 Oz Standard Trade Department
1 lot = 3.1 Kg
1 gram = Rp.
3.1 Kg = Rp. x 3.110 grams = Rp. Physique )
1 lot = 3.1 Kg
= $ 10,000 = Rp. 100,000,000,–(Non Physical )
(10% of physical gold)
Notes:
1 Oz = 31.1 gr
1 lot = 100 Oz = 3.1110 grams
To transact 15 kg of gold on the physical market are:
15 Kg x Rp. 500 million = 5 BILLION
Meanwhile, to transact 15kg of gold on the OTC market, you only need 10% of the capital, which is USD 50,000.00. If you have a capital of Rp. 5 BILLION, you only need to set aside Rp. 500 million to transact at Hilton Kapital.
Purchase 500 Oz:
Gold price $1,550/ troy ounce
If when the price rises to $1,705 / troy ounce
Then the calculation of profits as follows:
( Selling Price – Purchase Price ) x 500 Oz
$155 x 500 Oz = $77,500
If only with a capital of $ 50,000, you get a profit of $ 77,500
Your profit percentage is over 1000%