📌 Essential Forex Terms Every Trader Must Know

• Pips & Pipettes – How price movements are measured

• Lot Sizes – Micro, Mini & Standard Lots. {explained}

• Leverage & Margin – How brokers allow you to trade bigger capital

• Spread & Commissions – The hidden cost of trading

📌 Understanding Price Movements

• Bid vs. Ask Price – Why there are two prices on the chart

• Slippage & Liquidity – What happens during volatile news events

• Order Types Explained:
  • Market Order vs. Limit Order vs. Stop Order
  • Stop-Loss & Take-Profit – Setting risk & reward boundaries