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need some help on how to 0pen multi-lot trade
 
Published by ezz
05-06-2008


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Default need some help on how to 0pen multi-lot trade

please i need some one to guide me on how to open multi-lot trade

some examples would be nice

thanks

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  #1  
By David Waring on 05-06-2008, 04:50 PM
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Hi Ezz,

Welcome to the community.

If you are trading on the FXCM platform which we have been using in our free forex trading course then you would simply click on the dealing rate of the currency pair that you want to trade in the dealing rates window of the platform. This would bring up a market order window. In that window there is a line that says amount k. Beside that it is going to say 100. This means you are trading 100,000 of the base currency or 1 lot. If you want to trade 2 lots then simply change that using the drop down menu to 200K. Three lots 300K etc.

If you have not registered for a free demo trading platform and would like to try this out in real time with virtual cash you can register for a free real time demo here.

If there are any other questions or comments on this one feel free to post them below.

Best Regards,
Dave
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