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You will be able to trade with an amount equivalent to one hundred times the original amount, and this doubles the profits and losses that you make during trading. 5. Margin : The amount of money required to be able to trade with leverage and maintain it. If you are trading with leverage of 1:30, then if you place a margin of $1,000, you will be able to trade with $30,000. 6. Margin Call.
It is an alert made by the trading broker when the margin in the account Phone Number Data is about to run out. The alert is made in order for the trader to either terminate the deal or deposit more money in his account to increase the margin. 7. Spike : The change that occurs in the price, whether in an upward or downward direction, in a short period of time. It differs from normal changes in that it is very sudden and causes large losses or gains for traders. 8. Support : The support point is the point where the price is likely to stop falling and start rising again, and it serves as a warning to start buying. 9. Resistance : In contrast to the support point, resistance expresses the level at which the price is expected to stop rising and begin moving in the opposite direction, and traders tend to sell at that point.
The buyer sets in the financial markets to buy a specific currency, and on the contrary, the ask price or the requested price is the price that the seller sets. 11. Exchange rate : The price of exchanging one currency for another. In most cases, both the supply and demand prices agree at a certain point, and that point is called the exchange rate. There are some currencies that have a fixed exchange rate specified by the central bank, such as the Danish krone. 12. Currency pair : To start trading you need a pair of currencies, the original currency that you buy with, which is called the base currency, and the currency that you buy, which is called the quote currency. We will detail everything related to currency pairs in a separate point in our guide to learning Forex. 13. Overnight Position : A style of trading in which traders leave their positions open overnight and until the next day for the purpose of achieving more profits during the night.
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