gBeautifulBill #BTC
⚠️ Top 25 Terms in the Forex World – Brief and Useful 🎯
1. Pip: A unit of price measurement (0.0001) used to calculate profits and losses
2. Lot: The size of the trade that determines the value of each point
3. Spread: The difference between the buying and selling price; the lower it is, the higher the liquidity
4. Leverage: Leverage increases purchasing power and multiplies profits and losses
5. Margin: The amount required to open a new trade
6. Stop Loss: An order that closes the trade at a loss limit for protection
7. Take Profit: An order that automatically closes the trade at the profit target
8. Liquidity: The ease of entering and exiting the market
9. Volatility: The extent of price fluctuations and their speed
10. Trend: The general direction of the market, upward or downward
11. Consolidation: A sideways market with no clear direction
12. Breakout: The breach of support or resistance and the beginning of a new trend
13. Slippage: The difference between the expected price and the executed price at execution
14. Order: A buy or sell order used in trading
15. CFD: A contract for difference on an asset without ownership
16. Bullish: A market trend that is upward with buying opportunities
17. Bearish: A market trend that is downward with selling opportunities
18. Support: A level where the price is expected to bounce back upward
19. Resistance: A level where the price is expected to reverse downward
20. Swap: Fees imposed on overnight positions
21. News Trading: Trading based on economic news
22. NFP: US jobs report that affects the dollar
23. GDP: Gross Domestic Product; an indicator of economic health
24. Interest Rate: The base interest rate that affects currency trends
