Forex Terminologies

[gds221]

As for me, then the trader must know the terminology for work even in advance, in order to already be competent during work.

[Gardazuru]

I have tried n before real trading on a demo account, use the terminology to understand if I understood and studied it correctly

[Vaabum]

I believe that terminology should be learned first, even before starting work in this industry.

[Upoctin]

Learning is very necessary to gain some good knowledge about forex. Forex is a great online business and we can succeed in it if we have no knowledge and skills. So always learn and earn is the best practice in Forex.

[gds221]

Terminology is always worth knowing, because without terminology it will be difficult to achieve results.

[Vaabum]

I believe that the trader needs to know the terminology even before starting to work. This is simply necessary, because otherwise it will be difficult for the trader to work.

[Bedisone]

After I learned the forex terminology, I practiced on a demo account, you changed it in practice to really understand that I know everything and do it right.

[gds221]

It is very important for a trader to navigate this issue before starting work in this industry. As for me, these are important aspects that you should pay attention to in advance.

[Mirinael]

Forex terminology is quite specific, and its concepts are not easy at once, but gradually in the process everything will work out, the main thing is to understand what you have and what is responsible for.

[gds221]

This is an aspect that is desirable to know even before starting in this industry. It's pretty important to me.

[Beagra]

It is important to immediately grasp the basic concepts and terms, as you will often come across them as you study the Forex market.

[gds221]

As for me, initially the trader should learn exactly the theory. Only then start practice, and try to work.

[Cairdarsy]

in general, such a moment will not greatly affect the work process itself, the main thing is to know the basis

[Pyridge]

I disagree with you here, all such a moment as terminology is important in the work of any trader

[Juleenelya]

in general, this topic is really important in a trader's work, because there are too many terms and they are too important

[Gidencenti]

well, if we talk about terminology, then even in the very process of work, you can understand a lot

[Vaabum]

I advise you to study these questions before entering a real account with your own money. Otherwise, the result may not be the most positive.

[FXOpen Trader]

On 4/19/2022 at 11:05 PM, Vaabum said:

I advise you to study these questions before entering a real account with your own money. Otherwise, the result may not be the most positive.

We will need to understand and learn trading with the help of Real trading based accounts.

[Vaabum]

You need to know all this before starting work, while there are enough sources where the trader's dictionary is quite widely described.

[FXOpen Trader]

2 hours ago, Vaabum said:

You need to know all this before starting work, while there are enough sources where the trader's dictionary is quite widely described.

We will have to use a trading based system that is easy to understand and use.

[Dora Wi]

It's understandable to be confused on terminology in the beginning, especially when you don't even know what you don't know yet. There are some great educational sources out there like Coinpedia and Investopedia, as well as news sites. As you read more and more things, you will come across lots of terms that you can then look up and learn. Eventually, you will see less and less unknown words.

[Vaabum]

It is important to know all these aspects much in advance, otherwise the result may not be the most positive.