Getting so much confused with the terms. Please, help.

Mar 03, 2019 at 11:46
2,663 Zobrazení
52 Replies
Členom od Nov 17, 2020   23 príspevkov
Dec 29, 2020 at 04:46
Hey, I suggest you take a course on forex and familiarise yourself with the terminology and the basics of it. Don’t worry, you will get it right with practice.
Členom od May 27, 2019   11 príspevkov
Dec 29, 2020 at 05:57
if you are getting confused, try different source. maybe some other website or portal is able to explain better.
Členom od Sep 18, 2020   31 príspevkov
Dec 29, 2020 at 07:28
You better check out Babypips if you are getting confused with the terms. You'll have all the terms nicely explained and that will surely be helpful for you.
Členom od Apr 15, 2020   83 príspevkov
Dec 30, 2020 at 13:27
Personally, I would write the basic terms that are in trading, and have already learned to apply them in practice using a demo account.
Členom od Sep 23, 2020   42 príspevkov
Dec 31, 2020 at 07:31
The best way is to go step by step, understand all the terms one by one and take as much time as required. No need to rush up. No compromises in the learning phase.
Členom od Jul 20, 2020   341 príspevkov
Dec 31, 2020 at 15:16
First check the regulations of the broker. The broker needs to be regulated and licensed. Then check the facilities they are providing like spreads, leverage, margin, deposit and withdrawal facilities and customer support.
Členom od Dec 21, 2020   36 príspevkov
Jan 04, 2021 at 07:17
Pipsology course by Babypips is really good for beginners.
Členom od Aug 07, 2020   75 príspevkov
Jan 05, 2021 at 15:19
Perhaps it will be more convenient and practical for you to try them in practice after studying the terminal, using a demo account
Členom od Dec 21, 2020   17 príspevkov
Jan 07, 2021 at 06:15
Fx_howie posted:
Pipsology course by Babypips is really good for beginners.
Indeed, I started with that too. very helpful.
Členom od Oct 07, 2020   104 príspevkov
Jan 07, 2021 at 06:43
sidekickstarter posted:
Hi,

I am reading for the last three/four days about Forex and right now, I am getting totally confused. I can't get used to with the terms used in Forex related conversation.

How could I improve this? I am trying to understand and memorize those terms like looney, currency pair, pip, pipettes, lot and thousands more. Is there any other easy method?

I even search for kind of Forex Dictionary but failed to find one.

Hope that, you won't mind.
It's totally okay to be confused. There's a LOT of terms and conditions you can inbox me if you want to i can help you out
Členom od Sep 30, 2020   28 príspevkov
Jan 19, 2021 at 08:15
A broker will not guarantee your success; it is your intellect and wit which help you to gain success in the markets because a broker is just a platform for trading, but the actual control is in the hands of the trader.
Členom od Apr 15, 2020   83 príspevkov
Jan 20, 2021 at 10:34
Everything you say is correct, the main thing is to choose a broker with whom it will be reliable and where the trading conditions will suit you
Členom od Dec 11, 2020   110 príspevkov
Jan 27, 2021 at 07:04
Dorigda posted:
Everything you say is correct, the main thing is to choose a broker with whom it will be reliable and where the trading conditions will suit you
Agreed. What according to you is reliable? I would like to know
Členom od Aug 26, 2020   78 príspevkov
Jan 27, 2021 at 14:04
I think by the broker's reliability I mean good working conditions and honesty.
Členom od Jul 19, 2020   318 príspevkov
Jan 28, 2021 at 18:02
There is no secret in this market. You need to make a good and profitable planto make momney from this market.
Členom od Jan 13, 2021   38 príspevkov
Feb 03, 2021 at 08:06
Just to learn the terminology, which is not enough, you need to understand how to apply it correctly in trading.
Členom od Feb 04, 2021   31 príspevkov
Feb 09, 2021 at 08:08
Pointingmark posted:
A broker will not guarantee your success; it is your intellect and wit which help you to gain success in the markets because a broker is just a platform for trading, but the actual control is in the hands of the trader.
Exactly, brokers can only provide you with a medium to trade, success in Forex trading depends only on a person’s knowledge and skills.

Členom od Feb 04, 2021   31 príspevkov
Feb 09, 2021 at 08:09 (upravené Feb 09, 2021 at 08:16)
A consistent learning will always help you to understand each and every term.
Členom od Nov 02, 2020   57 príspevkov
Feb 10, 2021 at 15:06
I think that to better understand and understand the terminology you need to do it yourself.
Členom od Jan 13, 2021   52 príspevkov
Feb 10, 2021 at 20:41
There’s plenty or places to find the info and if you just google it and maybe print it off so you can keep looking at it when needed which will help it sink in
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