#TradingPairs101
What is a trading pair? ๐ค
A trading pair represents the exchange rate between two assets, allowing you to buy or sell one asset for another. ๐ธ
How do trading pairs work? ๐
You can go long (buy) or short (sell) on a trading pair, speculating on price movements. ๐
Key things to know: ๐
- Market volatility affects trading pairs
- Liquidity impacts trading efficiency
- Technical analysis helps identify trends
Ready to dive into trading pairs? ๐ก Let's discuss!