Forex - Trading Terminology Explained

Whenever a new discipline is undertaken, one of the most basic factors for success is familiarity with the terms utilized by those practicing in that area. Trading in the foreign exchange (FOREX) market is no exception. This article will help new traders understand some of the terminology common in the FOREX market.

While this is not intended to serve as a complete glossary for all the various terms to be encountered in the world of FOREX, the selected terms below commonly recur in the trading sector. In the process of studying them, one should commit the concepts and their meaning to memory so that efficiency will increase as trading activities increase. Although not difficult to comprehend, the terms must become thoroughly familiar so as to help developed a strong foundation for a never-ending education in trading the FOREX.

Share This