Terms which are used in forex?

Assalamualaikum dear forex members!

• Umeed h app sbb thkk hoongy r apka trading week acha Jara hoga ajki post m hm forex m use hony wali term ko discuss krengy Jo k hr trader ko n pta hotii.infact ye forex ki language hotii h neechy most common terms ko explain Kia gya h

1-PIP:

• Dear sir pipe ka mtlb hota h percentage in points
• Forex m pip aik price measure hotii h Jo ye btatii h k price kitna move krr chuki h.currency ki prices m decimal point k bad 4rth figure ko pip kehty hn
• For example 0.0001 ye aik pip h.
• Agr ye value 0.0002 ho jay to price 1 pip move Hui h neechy picture m app dykh skty hn k pip value apny Mt4 Mt5 m h.

2-Spread:

• Dear members jbb AP koi trade lyty hn to app dykhty hn k sell r buy ki price m difference hota h jiski vja se apki trade loss m start hotii h.ye difference spread kehlata h Jo k app trade krty wkt pay krty hn
• Spread hr trading pair ka alag hota h r ye depend krta h k ap konsa broker use krry hn q k spread aik kisam ka broker ka commission hota h

3-BId and ask price:

• Dear members bid and ask prices sell r buy ki prices hotiii hn Jo k apko trade krty huy dii jatii hn
• Jbb app buy krty hn to app ask price py buy krty hn q k ye ziada hotii h r is m spread b add hota h
• Jbb app sell krty hn to bid price se hota h Jo k dino m se km hotii h.

4-Lot size:

• Dear members jbb hmm koi trade lyty hn to hmm decide krty hn to kitny ki lengy ye trade ka size lots m show hota h
• $1 ye aik standard lot size hota h
• $0.1 ye aik mini lot size hota h
• $ 0.01 ye aik micro lot size hota h.
• $ 0.001 ye aik nano lot size hota h.
• Lot size apky account balance ya leverage py depend krta h.agr account balance ziada ya leverage b ziada ho to app bra lot size use krr skty hn.r eska risk and reward b ziada hota h.

5-Slippage:

• Dear members Bax okat aisa hota h k jis price m hm entery lyna chahty hn JB trade lgtii h to is price py n hotii ye sbb slippage ki vja se hota h
• Bax okat slippage ki vja se hmara SL ya TP b slipo ho jata h r market usse neechy chli jatii h.jbb tkk hit n krti