Mar 22 2021 at 11:35
We all come across these three terms daily when trading. Many newbies tend to interchange these for each other. I have tried to explain in the simplest way possible.
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The more your practice, the more you learn.
Mar 22 2021 at 14:43
Thanks. I understand concept easily.
Mar 22 2021 at 15:48
These are the basic things you should learn first when trading forex. I understand things very well.
Mar 23 2021 at 06:53
LyudmilLukanov posted:
Thanks. I understand concept easily.
You are most welcome! :)
The more your practice, the more you learn.
Mar 26 2021 at 11:27
AliaDare posted:
These are the basic things you should learn first when trading forex. I understand things very well.
It is good that you have some knowledge about this and understand it well. I’ve also seen a lot of traders who have absolutely no idea about a few basic concepts and terminology.
Mar 26 2021 at 11:48
Nice explanation. I find it helpful
Freddraven posted:AliaDare posted:
These are the basic things you should learn first when trading forex. I understand things very well.
It is good that you have some knowledge about this and understand it well. I’ve also seen a lot of traders who have absolutely no idea about a few basic concepts and terminology.
I understand it as well and it is important to know and begin with the basics. I was recently introducing my friend to forex and I recommended some learning courses.
Mar 30 2021 at 11:12
Anoxiare posted:Freddraven posted:AliaDare posted:
These are the basic things you should learn first when trading forex. I understand things very well.
It is good that you have some knowledge about this and understand it well. I’ve also seen a lot of traders who have absolutely no idea about a few basic concepts and terminology.
I understand it as well and it is important to know and begin with the basics. I was recently introducing my friend to forex and I recommended some learning courses.
That is the right thing to do and starting from scratch is the best way to learn in forex. I also started with reading books and taking online courses. After a few months of learning, I started practising on demo accounts which turned out fine for me. I familiarized myself with different platforms and forums to understand forex better.
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
1 pip = 10 Points.
in picture, you con see ex : USDCHF the big digit 0.9298 is in the form of Pip, and the small one after, above, is points. from 0.9298 to 0.9299 is 1 pip. and to increase 1 pip the number of points would have to be from 1 to 10.
in picture, you con see ex : USDCHF the big digit 0.9298 is in the form of Pip, and the small one after, above, is points. from 0.9298 to 0.9299 is 1 pip. and to increase 1 pip the number of points would have to be from 1 to 10.
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Apr 09 2021 at 04:12
Freddraven posted:AliaDare posted:
These are the basic things you should learn first when trading forex. I understand things very well.
It is good that you have some knowledge about this and understand it well. I’ve also seen a lot of traders who have absolutely no idea about a few basic concepts and terminology.
Exactly and only such trader want to become rich in a couple of days from trading... I find it very difficult to digest how can anyone think of gaining so much until they have made good quality effort to learn the basics and practice .???
The more your practice, the more you learn.
Apr 09 2021 at 04:15
groundhogday posted:
Nice explanation. I find it helpful
Thank you. II am glad that it helped
The more your practice, the more you learn.
Apr 09 2021 at 04:19
tracicobb posted:
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
Its a fact, in the beginning we all have confused ourselves with these terms.. To me it all sounded synonyms of each other. But with time I understood the exact meaning and reference of each term.
The more your practice, the more you learn.
when use account zero spread, bid and as is same.
Apr 10 2021 at 11:32
langtufx posted:
when use account zero spread, bid and as is same.
It is hard to find a zero spreads broker. If you find one, it will charge a commission. So, in the end, it's all same.
Apr 13 2021 at 04:12
This is actually very well explained and thank you for sharing it again..
Apr 14 2021 at 12:48
SofieAndreasen posted:langtufx posted:
when use account zero spread, bid and as is same.
It is hard to find a zero spreads broker. If you find one, it will charge a commission. So, in the end, it's all same.
So, low spreads is the best option?
Apr 15 2021 at 05:06
ele020 posted:
We all come across these three terms daily when trading. Many newbies tend to interchange these for each other. I have tried to explain in the simplest way possible.
Hey guyssssss,,, I just noticed a mistake in my image... 😝 here is the corrected one.. I apologise for this typing error.
Załączniki:
The more your practice, the more you learn.
Apr 15 2021 at 05:09
patriciablack posted:
This is actually very well explained and thank you for sharing it again..
Thank you @patriciablack I am glad it helped.. I am always ready to share my knowledge
The more your practice, the more you learn.
