What You Going to Learn in this Video.
Common Forex Trading Terminologies
- Long/Short
- Leverage & Margin
- Pip
- Bid & Ask
- Spread
What Is Long & Short?
- Trade Direction
- Long = Profit If Price Goes Up
- Short = Profit If Price Goes Down
What Is Leverage & Margin?
Leverage = How much larger you can trade relative to your account size
What Is Leverage & Margin?
Margin = 100/Leverage
What Is Pip?
Point In Percentage
What Is A Bid And Ask
Bid = The Price You Can Sell At
Ask = The Price You Can Buy At
What Is Spread
Spread
