Make a list of terminologies

[chuna1985]

It is paramount for every newbie both in forex trade and in forex forums to make a long list of all terminologies available in forex. This will accelerate the learning process.

[alam3636]

Yup one has to be familiar with terminology of any field he want to excel about

and so is about the forex, there are few terms which need to be understood well to take right decisions at right time in forex.

[hongshui]

I think that is no necessary.If you want play the forex,you must study the treminologies,it is so common and the important!

[yogeshwartyagi]

Yup we should be familiar with the special terminology used in forex

And by that we can understand forex better - as the language used in account with forex broker used these terms.

[Legendkid]

It is a simple way to by pass bad experience of loss and can make one to learn more fast and be an expert in forex within a short period of time.It's just important for newbies to make a list of it.

[sirwilly]

Okay. Let me take Leverage.

Leverage can be described as being able to purchase currency worth more than your purchasing power. For instance, with leverage, the tarder can buy $2000 worth of currency with his $1000 deposit. The extra is provided by the broker, but this is not without risks for the trader and the broker.

[hexeduser]

I was hoping to see a list in here for I really need it. I hope others would add to what sirwilly had post above about leverage. I don't understand a lot of things in forex like for example the word "pips" and "lot"

[sirwilly]

Now, let me talk about pips.

Currency prices are quoted as values like 1.3457. A movement from that value to a value of 1.3459 equals 2 pips, and so on.

Each pip may worth any amount of money depending on the lot size.

[matiskater]

yeah but how about we get an expert..and i mean a real one (not me) lol to write and upload a huge list with all the terms so all newbies can check it out for learning and for help as a guide;)

[euro]

Yes, they have to know all the jargon for trading or else it will be hard for them. For example, they will need to know trading terms like take profit, stop loss, moving average, indicators, leverage, news trade, fundamentals, interest rate, inflation, economy news, political news, demand and the best pair to trade with. They will need to keep up with news to try to catch the best trend to trade in. A stop loss is really important term cause it will help you save a lot of money by placing  a stop loss number so you don't lose more than that. 

[Decub]

Forex to some extent is a business filled with terms, for a trader to get used to it, he just have to them, it even forms the basis of learning. Though doesn't necessarily need to be written down or put up somewhere but quite a necessity. It is the professionalism in Forex that makes it difficult for some to understand it.

[rexway]

There are so many list of terminology in forex trading so the first is just try and know that ones that will give you guide at the start then as time goes you can learn the rest as well this is just what I think for sure

[standart]

some of terminologies in trading business doesn't exist in other field of business or in daily conversation. such as bearish and bullish. such term sound weird and before know the meaning, people would assume that such terms refers to the animals. while it don't.

[Stekin]

When a trader wants to make a list of terminologies, it will mean that him or her will be writing a full note and will forget some of them. The thing that will matter here is if the trader is able to know when they will be making use of the terminology that he or she knows.

[Decub]

Well, it might not necessarily mean a full list of notes because it's not all terms that are essential for him to always use. There are some recurring terms which seems to have form an everyday use in Forex and those are quite essential for him to know. Those that have a smarter brain which can accommodate a lot of things at a time can always beckon on having those terms stored in their brain.

[Gee Dee]

By the market the sudden movement is called market volatility. Due to market volatility problem many time traders can’t complete their orders on just time. For market volatility traders sometimes gain profit and sometime face loss. My trading broker is offering –narrow trading spread from 0 pips with fast execution facility and smart bridge technology so you can easily control your trading at the conventional volatility with this broker in your trading.

[Mezigis]

Taking into account market volatility is very correct, because your profit or loss depends on it.

[gds221]

In this industry, for quite some time now there is a list of necessary terms that are very desirable to know. If the trader does not comply, it is already a minus in his direction.

[e_abrams]

Usually that list is already available in the instructional materials newbies use, they don't need to make them from scratch themselves.

[Beagra]

Indeed, there is no need to invent anything, we just take ready-made terminology, compiled with a list, study it and apply it in practice.

[gds221]

Quite an important aspect, actually. The trader must know the terminology well in order to achieve success.

[e_abrams]

Thankfully there are many free and easily available sources online that provide such lists of terminology and the respective meaning for each word.

[gds221]

I believe that initially the trader should study the terminology, and then try himself as a trader. At least this option I think is more optimal.

[Gardazuru]

The terminology is very much for you on Forex, all at once, of course, it is quite problematic to understand and remember it, which is why, when we train on a demo account, we have the opportunity to learn everything.

[gds221]

In general, terminology for a trader is very important. It is worth understanding that without this it is quite difficult to get the desired result of work.