understanding forex terms in detail

Understanding forex terms in detail

Assalam alaikum dear memebrs!

• umeed ha ap sb khairiat se hn gy.
• aj ki post main hum forex main use hony wali terminologies ko explain karen gy jo k hr trader ko ni pata hoti infact ye forex ki language hoti ha.
• Nechy most commonly used terminologies ko explain kia gya ha.

1) PIP:

• Dear members pip ka mtlb hota ha "Percentage in Point" . Forex mai pip aik price measure hoti ha jo k btati ha k price kitna move kar chuki ha. Currency ki prices main decimal point k bad 4th figure ko pip khaty hain.
• for example 0.0001 ye aik pip ha.
• Agr ye value 0.0002 ho jay to price 1 pip increase hovi ha.
• Nechy picture main ap dkh skty hain k Pip value apny MT4 or MT5 main.

2) Spread:

• Dear members jb ap koe trade lety hain to ap daikhty hn gy k sell or buy ki price main difference hota ha jski wja se apki trade loss se start hoti ha , ye difference spread khlata ha jo k ap trade karty wqt pay karty hain.
• Spread har trading pair ka alg hota ha or ye depend karta ha k ap konsa broker use kar rhy hain q k spread aik kism ka broker ka comission hota ha.

3) Bid & Ask price:

• Dear members Bid & ask price buy or sell ki prices hoty hain jo k apko Trade karty hovy di jati hain.
• jb ap Buy karty hain to Ap ask price py buy karty hain q k ye zada hoti ha or es main spread bhi add hota ha.
• jb ap sell krty hain to Bid price py hota ha jo k dono main se km hoti ha.

4) Lot size:

• Dear members jb hm koe trade lety hain to bum decide kary hain k kitny ki len gy ye trade ka size lots main show hota ha.
• $1 ye aik standard lot size hota ha.
• $0.1 ye aik mini lot size ha.
• $0.01 ye aik micro lot size ha.
• $0.001 ye aik nano lot size hota ha.
• lot size ap k account balance or leverage py depend karta ha. Agr account balance zada or leverage bhi zada ha to ap bara lot size use kar skty hain or es k risk & rward bhi zada hain.

5) Slippage:

• Dear members baz oqat aisa hota ha k js price py hm entry lene chahty hain jb trade lgti ha to us price oy ni hoti ye sb slippage ki wja se hota ha.
• jb market main high volatility ho to prices tezi se move karti hain or hmary trade leny k doran price change ho jati ha.
• baz oqat slippage ki wja se hmara SL ya TP bhi slip ho jata ha or market us se nechy chli jati ha jb k hit ni krti.