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Make a list of terminologies


chuna1985

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  • 2 weeks later...
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  • 1 month later...
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Okay. Let me take Leverage.

Leverage can be described as being able to purchase currency worth more than your purchasing power. For instance, with leverage, the tarder can buy $2000 worth of currency with his $1000 deposit. The extra is provided by the broker, but this is not without risks for the trader and the broker.

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  • 2 years later...

Yes, they have to know all the jargon for trading or else it will be hard for them. For example, they will need to know trading terms like take profit, stop loss, moving average, indicators, leverage, news trade, fundamentals, interest rate, inflation, economy news, political news, demand and the best pair to trade with. They will need to keep up with news to try to catch the best trend to trade in. A stop loss is really important term cause it will help you save a lot of money by placing  a stop loss number so you don't lose more than that. 

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  • 3 months later...

Forex to some extent is a business filled with terms, for a trader to get used to it, he just have to them, it even forms the basis of learning. Though doesn't necessarily need to be written down or put up somewhere but quite a necessity. It is the professionalism in Forex that makes it difficult for some to understand it.

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  • 4 weeks later...

When a trader wants to make a list of terminologies, it will mean that him or her will be writing a full note and will forget some of them. The thing that will matter here is if the trader is able to know when they will be making use of the terminology that he or she knows.

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Well, it might not necessarily mean a full list of notes because it's not all terms that are essential for him to always use. There are some recurring terms which seems to have form an everyday use in Forex and those are quite essential for him to know. Those that have a smarter brain which can accommodate a lot of things at a time can always beckon on having those terms stored in their brain.

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  • 6 years later...

By the market the sudden movement is called market volatility. Due to market volatility problem many time traders can’t complete their orders on just time. For market volatility traders sometimes gain profit and sometime face loss. My trading broker is offering –narrow trading spread from 0 pips with fast execution facility and smart bridge technology so you can easily control your trading at the conventional volatility with this broker in your trading.

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