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Common Knowledge - Trading
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Finance
Basics that every trader should know
By
Jazmen
Created Date 02.05.21
Last Updated 02.08.21
Viewed 7 Times
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Topics of this game:
Website used to see news on a currency.
These can be traded 24/7.
Confirmations before you look at your marked chart.
5 types of traders
Shows potential for reversals, pullbacks and retracements. Look for confirmation
The most liquid
SPX and NAS are traded during this timeframe.
Session best for swing traders
Sessions you can trade AUDJPY
Sessions that overlap
This multiplied by this gives you money amount.
true or false: I can trade Ger30 with a $200 account.
GBPUSD 1.37328 to 1.37726
Fill in the blank, you should never _ more than _
If bitcoin sold from $42,000 to $38,000, you made this with a .1 lot size.
2 types of candles
Synonym for bearish
A bullish candle opens here
Tells you where price went but could not stay.
A new candle forms when the last one closes. Length of candle can vary.
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