Forex Trading Terminologies Definition | Terms for Beginners #3

Forex trading terminologies explained in this video are the vocabularies every trader needs to learn when starting their forex trading career. The definitions for these forex terms for beginners can be confusing but if you are committed to learning, you will understand their meaning without looking for other forex videos.

OpWell Forex TV makes it easy for newbie traders to understand important forex terms by breaking down definitions into simple language.

We have a written version of this basic forex terminology that you can read here: https://opwellforex.org/what-are-the-terms-used-in-forex-trading/

TIMESTAMPS
00:00 What are the common terms used in forex trading?
00:31 1. What is Currency Pair
00:55 2. What is Market Order
01:11 2 (a). What is Buy Stop Order
01:34 2 (b). What is Sell Stop Order
02:03 3. What is a PIP
02:26 3 (a). What is a PIP Value
03:11 4. What is a Lot Size
03:28 What are the 4 types of Lot Sizes
03:46 How are Lot Sizes represented
04:06 Recommended Lot Size for Beginners and advanced forex traders
05:23 5. What is a Spread
05:46 6. What is Account Balance in forex
06:00 7. What is Equity
06:16 8. What is a Margin in forex trading
06:42 9. What is Free Margin
07:10 10. What is Margin Level
07:24 11. What is a Margin Call
07:52 12. What is a Stop Out Level
08:09 13. What is Leverage in forex
08:38 Conclusion

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