Like any other market, the Forex market consists of special terms, concepts and slang and today we will try to tell a little about what does the basic concepts of the market mean
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Ask - the price at which you can buy currency. Ask price is bigger than Bid price
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Bid - the price at which you can sell currency. Bid price is lower than Ask price
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Hedging - the use of one financial instrument to reduce risk, which is connected with the influence of unfavorable market factors on the price of another financial instrument, associated with the first one
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Volatility - strength of the exchange rate variation
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Slippage - the amount of market movements from the time of placing an order until its execution. It is the situation when orders are executed at a better price, than the one
⠀
Ask - the price at which you can buy currency. Ask price is bigger than Bid price
⠀
Bid - the price at which you can sell currency. Bid price is lower than Ask price
⠀
Hedging - the use of one financial instrument to reduce risk, which is connected with the influence of unfavorable market factors on the price of another financial instrument, associated with the first one
⠀
Volatility - strength of the exchange rate variation
⠀
Slippage - the amount of market movements from the time of placing an order until its execution. It is the situation when orders are executed at a better price, than the one
