I've spend so much on buying book and online courses, skill cant understand what is "Selling" or "Short-Selling" is all about. This one video alone (watching it once), made me understand so clearly. Thank you very much Sir! God bless you!
What a powerful explanation. Many people doing courses for beginners don’t even know the basics things to explain. My brain almost brow due to watching different forex videos without understanding anything! Thank you very much. This was all the information I needed to start with
I recorded 2 x videos on Stoploss and Take Profit. See them below.... ruclips.net/video/7tRu2yfXoI0/видео.html ruclips.net/video/94Q_JBR1-uk/видео.html
Although I understand the buying concept. Because it's easy. I buy in a time, when it's market value was increasing I sold it. But in selling concept? I do not understand. Because, selling before buying? But how? And you cleared this matter. We sell one specific time position and when it's values go down in this time we buy(that's means colse the trade) again.
Your question appears to be for a specific situation. Feel free to share a chart screenshot. I do not believe it is not advisable to sell in the situation mentioned. Such decisions are based on the setup being evaluated
Thank you so much for the video. To sum it up if you think a currency pair is going to appreciate you place a buy order and if you think it's going to depreciate you place a sell order?
A currency pair e.g. GBPUSD is one instrument. Stop viewing it as two. It's a single asset like gold, oil, bread, etc. Yes we know that bread is made up of flour, sugar, egg, etc. However, when you go to the shop to buy a loaf of bread, you just buy the bread. In the same way, we know that GBPUSD is an asset made up of the value of GBP relative to USD, but when you buy/sell it, it's just one instrument.
When you opened a new position (Buy) and you want to sell the currency, how do you sell it?, or you sell it by closing the position concerned? I know my question may sound stupid to others 😊
No your question is not stupid. It's actually a frequently asked question. In Forex Trading, the easiest way to view currency pairs is the same way you view a loaf of bread 😀 Now, we know that bread is made up of flour, eggs, water, sugar/salt, yeast. butter,etc. To change the quality of the bread, you just adjust one or more of the components. When you go to buy bread in the store, you don't buy each individual ingredient. You just buy bread. It's the same with currency pairs. EURUSD is made up of 2 currencies. The strength or weakness of EURUSD is practically influenced by the relative strength or weakness of either EUR or USD. When you guy EURUSD, you're buying one instrument. That's it. Click the button on your trading software... buy it or sell it. Hope it makes some sense
Great explanation, although i have a question on the sell.. If you have information that the price of a currency is dropping, say the USD, and its current rate is say 1.235 and you sell at that exact amount (1.235) , when it drops to like (1.230), the pop differential is 5pips, i don’t understand how it dropping profits you selling..because the value of the currency decreases .
Pretty understandable. But the question that bothers me is that how did you get that car in the first place? Meaning you have to buy it first before selling it right?
Hi Rayyan, good question. You remember in my illustration, the car didn't belong to the person that sold it. It belonged to me. I gave him the car to look after whilst I went away for some time. In that time I was away, he completed the deal and made profit. It is similar in trading. Most trading is done with leverage which means the broker lends you some money (or the asset) to facilitate your transactions. So when you sell, you borrowed the instrument then did the transaction. It doesn't appear that's what you're doing since you're clicking a button, but in essence, that's what you're doing.
Thank you very much for making this video. You just won a new subscriber! Been trying to understand the concept. I have heard selling can be risky as you can lose more than you have in your account and possibly owe money. Is that true?
Glad it was helpful! No, selling (shorting) is not riskier. Yes, price tends to typically move quicker when going down, but that doesn't make it riskier. Every trader must pre-determine their risk irrespective of whether price is moving up or down or whether the move is quick or slow.
It means that, in sell/short case we sell immediately at a running position and when the price comes in our favour like it will go low, we'll buy at low cost so we made the profit in between ??? Please clarify.
Oh my god... finally someone who knows how to explain it to people
Don't use the lords name in vain!
For real, selling part is kinda tricky to get at first .
this is what i wanted to know all along....atleast now i know when to buy and sell
Well understood it means that when u buy, u buy an sell and when u sell u sell and buy.
I've spend so much on buying book and online courses, skill cant understand what is "Selling" or "Short-Selling" is all about. This one video alone (watching it once), made me understand so clearly. Thank you very much Sir! God bless you!
Glad you found it helpful.
What a powerful explanation. Many people doing courses for beginners don’t even know the basics things to explain. My brain almost brow due to watching different forex videos without understanding anything! Thank you very much. This was all the information I needed to start with
Glad the video was helpful
Wow! This video is still helpful after 5 years of posting it. Thank you, sir!
You're very welcome!
Wow...this is one of the best explanations i have heard
You are a practical teacher. Thanks for this simple real life analysis without big big grammar
Glad you found it useful
Finally I understood the sell part!!!
I appreciate how you explained the logic of buying and selling. Thanks!
Glad it was helpful!
You're an amazing teacher, God bless you
Wow, thank you! I'm glad you found it helpful.
You are such a wonderful teacher. I never understood till you breaking it down this better
Glad it was helpful!
Best guide on buy and sell situations
God bless you brother I've been finding it very difficult to comprehend but with your explanation I saw the picture very clear thanks once again
You are very welcome
God bless you!! Been looking to understand this concept for ages!!
Great Teacher. Straight to the point, no waffle. Thank you.
🙏
Probably the best explanation I’ve heard since I’ve started FX 👊🏾 Thanks for making it so simple
I'm glad you found it useful.
so happy i watched this! finally found someone who explained it clearly
I'm glad you found it useful...
Istg this is the best video on RUclips keep going kinh
Thank you been on a course and still didn’t understand until I watched this video, Thanks Buddy
Glad you found it helpful
clear explanation! Thank you for the video :)
Thanks so much about this information,it is so simple, understanding.please help me about take profit and stop loss.
I recorded 2 x videos on Stoploss and Take Profit. See them below....
ruclips.net/video/7tRu2yfXoI0/видео.html
ruclips.net/video/94Q_JBR1-uk/видео.html
THANK YOU . this really cleared things up for me
Thank you brother, No thing i can say expect wishing you blessings from jah
Excellent explanation. Still relevant today. Thank you
Finally someone who simplifies this perfectly!God bless you nwanne😃
Finally, I understand selling.
I really need someone like this man a mentor
You did a good work clearing my confusion on a sell trade
Glad you found it helpful
Clearly explained and easy to understand
40 seconds into the video and i knew that it was going to explain exactly what i was looking for, how selling works, appreciate you bro
You're a genius sir. Thank you very much
Glad it helped
Woow bro. I get this explanation for the first time the sell
Although I understand the buying concept. Because it's easy. I buy in a time, when it's market value was increasing I sold it. But in selling concept? I do not understand. Because, selling before buying? But how? And you cleared this matter. We sell one specific time position and when it's values go down in this time we buy(that's means colse the trade) again.
Me too I'm confused on the selling part.
The explanation was lit..I like it indeed
Thank you Sir❤
Very rare explaination , now clear
Glad you liked it
Thanks for sharing man.. your a PATRIOT
This is the best explanation thank you sir now I get it
Glad to hear that
as a new trader, you have made my day. thanks for clearing the air
Glad to help!
Thank you sooo much mate I've been searching for someone to explainin buying and selling without all the jargon nice 1 mate
Fantastic, thank you very much Sir for this enlightenment
Very smooth explanation
Thank you for this impactful short video
Glad it was useful
Brother THANK YOU,finally someone who could explain this!
Glad you found it useful
This question did my head in for days. Thanks for this video
Glad it was helpful
Really u nailed batter then the rest easy and nice nothing complicated
Thanks for explaining it so simply
Finally I have found someone to help do you have other tutorials?
Learm more about the 5TT Profit Club here www.5ttprofitclub.com
Thank you so much. This concept confused me heavily
Glad you found the video useful
Just what I've been looking for 🥰
*Buy*
2:00
Standard lot- $10
Mini lot- $1
Micro lot- $0.10
*Sell*
6:43
Thank you. Why is it that it is not advisable to sell when the candlestick goes beyond the support line?
Your question appears to be for a specific situation. Feel free to share a chart screenshot.
I do not believe it is not advisable to sell in the situation mentioned.
Such decisions are based on the setup being evaluated
Thanks alot, God bless you for this!👍👍👍👍👍👍👍👍👍👍👍👍👍
Well explained. Thanks for the info. Regards.
Thank you so much for the video. To sum it up if you think a currency pair is going to appreciate you place a buy order and if you think it's going to depreciate you place a sell order?
Yes, that's it...
@@fivetalentstrader thanks
Oh my gosh.. I finally understand
Thank you for explaining this, It makes more much more sense now thanks to you
Thanks a lot sir, you make it clearer than everyone , infact I just subscribed 😊
Great explanation, Thanks.
Glad it was helpful!
I love this teaching
Great explanation Sir 🎉
Thanks and welcome
I've Been struggling with understanding this, thank you
I'm glad it helped
Nice explanation. 👍
You awesome Bro….Very good explanation it’s very clear..
Thanks for a clean explanation 🙌
Thank you so much!! I needed this explanation. You the best
Glad you found it useful
Thanks very much for this video. I appreciate. This is what I have been looking for
I'm glad you found it useful
Wow wow wow if only all the rest could explain like this.
Great explanation
Thank you Sir for these wonderful video
Glad you found it useful.
Thanks man ..That was easy to understand 😊
Thank you, I now understand much better
Glad it helped!
Awesome, but sir when I'm selling, among the pairs which is the highlander
A currency pair e.g. GBPUSD is one instrument. Stop viewing it as two. It's a single asset like gold, oil, bread, etc.
Yes we know that bread is made up of flour, sugar, egg, etc. However, when you go to the shop to buy a loaf of bread, you just buy the bread. In the same way, we know that GBPUSD is an asset made up of the value of GBP relative to USD, but when you buy/sell it, it's just one instrument.
Love this video it helps me❤
I love you man, thank you for your help God bless you.
When you opened a new position (Buy) and you want to sell the currency, how do you sell it?, or you sell it by closing the position concerned?
I know my question may sound stupid to others 😊
No your question is not stupid. It's actually a frequently asked question.
In Forex Trading, the easiest way to view currency pairs is the same way you view a loaf of bread 😀
Now, we know that bread is made up of flour, eggs, water, sugar/salt, yeast. butter,etc. To change the quality of the bread, you just adjust one or more of the components. When you go to buy bread in the store, you don't buy each individual ingredient. You just buy bread.
It's the same with currency pairs. EURUSD is made up of 2 currencies. The strength or weakness of EURUSD is practically influenced by the relative strength or weakness of either EUR or USD.
When you guy EURUSD, you're buying one instrument. That's it. Click the button on your trading software... buy it or sell it.
Hope it makes some sense
Best explanation ever thank you so much
You're very welcome!
Thanks the explanation is nice ilike it
awesome video sir it helped me a lot thx for that
I'm glad you found it useful
Thanks man! the explanation was great
Great Brother 👌 👏
Very educative
Great explanation, although i have a question on the sell.. If you have information that the price of a currency is dropping, say the USD, and its current rate is say 1.235 and you sell at that exact amount (1.235) , when it drops to like (1.230), the pop differential is 5pips, i don’t understand how it dropping profits you selling..because the value of the currency decreases .
See my more recent response above...
Pretty understandable. But the question that bothers me is that how did you get that car in the first place? Meaning you have to buy it first before selling it right?
Hi Rayyan, good question. You remember in my illustration, the car didn't belong to the person that sold it. It belonged to me. I gave him the car to look after whilst I went away for some time. In that time I was away, he completed the deal and made profit.
It is similar in trading. Most trading is done with leverage which means the broker lends you some money (or the asset) to facilitate your transactions. So when you sell, you borrowed the instrument then did the transaction.
It doesn't appear that's what you're doing since you're clicking a button, but in essence, that's what you're doing.
@@fivetalentstrader so you mean the broker does buy it or i would say took it from someone who also sold it. Am i right?
@@straw8409 yes that's possible. They can also own the assets themselves
Thanks for this video!
Thank you very much for making this video. You just won a new subscriber! Been trying to understand the concept. I have heard selling can be risky as you can lose more than you have in your account and possibly owe money. Is that true?
Glad it was helpful!
No, selling (shorting) is not riskier. Yes, price tends to typically move quicker when going down, but that doesn't make it riskier.
Every trader must pre-determine their risk irrespective of whether price is moving up or down or whether the move is quick or slow.
Oh boss you are too much!!! You are really a good teacher
Glad you think so!
I've got it💯😍 thank you sir
Thx my man people like u r appreciated
Omg this is so understandable thank you
i like that foward direction,need more knowledge am new to this
Thanks man....Best explanation ever🙌🙌🙌
thank you bro.simple and understandable
Damn I nw understand 😅
Thnks alot 😊
Will come to ths channel ong
It means that, in sell/short case we sell immediately at a running position and when the price comes in our favour like it will go low, we'll buy at low cost so we made the profit in between ???
Please clarify.
Yes, you're correct.
Watch the video again to understand the analogy with the car
I’m a beginner and I really love this video. Very very helpful and thank you for doing a video like this. I’m Victor and will be emailing you.
What's his email address
Thank you brother ❤
Brilliant explanatio
Good explanation