1. Money

Making Your First Forex Trade

From , former About.com Guide

4 of 8

Step 4 - Place the order
Making Your First Forex Trade

Place the Order

Now prepare to place the order. I have confirmed that the price is in a stable downtrend so I am preparing to "go short". The short trade is for 10,000 Australian dollars against the Japanese Yen. This is also known as going short 1 mini lot.
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  1. About.com
  2. Money
  3. Forex Trading
  4. Getting Started
  5. Step 4 - Place the order

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