In this class, you will be learning the top terms used in Forex trading.
This class will give you a brief introduction to Bid, Ask, Spread, Pip, Lot, Order Type, Trailing Stop, Take Profit and Stop Loss orders. A lack of understanding of these forex trading terms can be a major roadblock to success.
As you begin trading Forex, it is crucial that you understand the special phrases, acronyms, and terminologies associated with the forex market. A thorough understanding of Forex terms like Bid, Ask, Spread, Pip, and Lot, how they work, how to profit from them, will enable you to engage in the market confidently.
You will also be introduced to the various types of forex orders that are involved with forex trading. With the appropriate order type, you will have better control over your trading and you will be able to enter and exit the market at a better price.