₦airaland Forum

Thank you all for your reply evadams I will email you.

I want to go into forex trading, but I need to understand it well. But I have been doing some research on it. I have been practicing with a demo account, but seems not to get some things clear on my head. For a example GBP/USD =Bid 1.6432 and Ask 1.6439. My Question is

1. With what currency is my account on? Or what currency am I using to buy the GBP/USD with?
2. If I buy GBP/USD I.6439, when will I sell it ? is it when the bid goes up to 1.6442 or when the bid goes down to 1.6430? And why should I sell it like that?

I believe trade is all about buy low and sell high, but I don’t understand forex trading well. Please I need your ideas thoughts and experiences for me to understand it well, so that when I trade with real money I will not loss, rather I will profit from it . Thanks

Hi Ejiogbe,

Thank you so much for your help.I have visited the website you gave to me,I think is great.I will let my husband know about it.

I live in a village in obowu,were the people is not much.and is mostly old youths and i want to start a business with 50,000 naria, what kind of biz do u think will flourish there? help plz

My husband want to start a soap production business in Nigeria, so I to know if anyone can tell us the kind of machines is used, and how much they can cost.