Gen Z Market Movers

Forex Lesson 2 - Terminology and Charting


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8 Forex Terms Every Trader Should Know

  • Currency Pair. There are 180 recognized currencies in circulation being used in 195 countries.
  • Leverage. Leverage is, in essence, borrowed money from within a trading account. 
  • Bid / Ask price. The bid price is the price a trader is willing to sell a currency pair. 
  • Going Long / Short. 
  • Margin. 
  • PIP. 
  • Lot Size. 
  • Bullish / Bearish.
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    Gen Z Market MoversBy Carson Biber

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