Forex Trading for Beginners #4: Common Forex Trading Terminologies by Rayner Teo

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  • Опубліковано 21 вер 2024
  • Welcome to video #4 of Forex Trading for Beginners - common Forex trading terminologies.
    This is a free (step by step) trading course that teaches you the essentials of Forex trading - especially for those who have little to no trading experience.
    Forex Trading for Beginners contains 12 videos and by the end of it, you’ll learn how the Forex market works so you can trade it with confidence.
    Now…
    In this 4th video, you’ll learn the common Forex trading terminologies like:
    • What is a pip
    • When is long and short
    • What is the bid/ask spread
    • How does leverage and margin work
    Are you ready to master the Forex lingo?
    Then go watch this video right now.
    If you want more actionable trading tips and strategies, go to www.tradingwit...
    Thanks for watching!
    FOLLOW ME AT:
    Facebook: / forextradingwithrayner
    Twitter: / rayner_teo
    My UA-cam channel: bit.ly/2EFg5VN

КОМЕНТАРІ • 71

  • @millianaaaaaaaa
    @millianaaaaaaaa 4 роки тому +48

    No disrespect but 4:30-4:33 had me dying 🤣🤣🤣 only because my dad is Filipino so it reminded me of him struggling with English .. love the videos I’m binge watching 💜✌🏽

    • @kittanyanetto28
      @kittanyanetto28 Рік тому

      I was so weak tears came to my eyes😭😭😭😭 adorable

  • @jevonproctor5615
    @jevonproctor5615 4 роки тому +6

    I have been trading blind for years not knowing what any of these terms really meant. Thanks for your help, genuinely just learning terminology because I have no idea what my friends are talking about I just follow my system haha. New sub!

  • @RomanKnav
    @RomanKnav 4 роки тому +6

    Thanks once again Rayner. You're both helpful and entertaining

  • @kashyapsoni1869
    @kashyapsoni1869 5 років тому +6

    Hey buddy, you're too good at trading and i am really thankful for your videos and i have learnt a lot from your videos. In fact from last week i have stopped watching anyone else's videos and directly jump on to your channel. Once again thank you so much buddy.

  • @michaeldoe412
    @michaeldoe412 4 роки тому +7

    😂😂😂😂😂😂 4:30 -- got me ahahahahah but it’s very great

  • @carlosrios4781
    @carlosrios4781 6 років тому +3

    Excellent explanation of terms. Thank You.

  • @naymatarik
    @naymatarik 2 роки тому +1

    Thanks for such an amazing video! I had a question regarding the pip value. For example, for euros you said pip is measured by 4 decimal places. So, from 1.0015 to 1.0012, why/how is the pip value 3 even though the 4th digits at 4th decimal places have moved? Thanks in advance.

  • @laxbro2669
    @laxbro2669 6 місяців тому

    It sounds like you have have an Asian (not sure where exactly) accent, mixed with a French Canadian accent (Montreal ish) maybe I’m just hearing things but it sounds really unique and cool imop. Thank you for all the knowledge as well very good teacher

  • @iqbalnash5748
    @iqbalnash5748 4 роки тому +1

    How do you know which decimal to watch for in different pairs to know how much the pip changes?

  • @qawshimimoi
    @qawshimimoi 5 років тому +17

    I literally thought long means buy and short means sell wow I'm such an idiot this is really forex for dummies haha really appreciate this, I try to learn forex everyday after work and hopefully I could share some good news soon!

  • @sajjadawan6426
    @sajjadawan6426 2 місяці тому

    Am new to leran forex...
    My question is...
    If everytime bid is lower then ask so, how can we are in profit in any trade 🙄🙄

  • @sarahhewitt9297
    @sarahhewitt9297 3 роки тому +2

    Very informative, I learnt alott

  • @wonli1960
    @wonli1960 6 років тому +6

    Very Great! 4:42 LOOLLL

  • @osckey8888
    @osckey8888 4 роки тому +1

    HEY RAYNER,I DON'T UNDERSTAND HOW TO CALCULATE PIPS OF CERTAIN STOCKS CAN YOU MAKE A VIDEO SUGGESTING HOW TO CALCULATE PIPS , PROFIT AND LOSS, AND HOW MUCH MARGIN REQUIRED TO TRADE IN EUR/USD CURRENCY IN FOREX. (ACTUALLY I HAV E INDIAN MONEY, SO I DON'T KNOW THE MARGIN REQUIRED TO TRADE EUR/USD...) HELP ME OUT RAYNER.

  • @amalrizvy473
    @amalrizvy473 5 років тому +2

    Hi Rayner, can u please tell me how to get into forex trading? Do u have to pay for it as in like a learning fee or something before u start?

  • @rubikulelerubiksandukulele4607
    @rubikulelerubiksandukulele4607 3 роки тому +1

    Thank You Rayner Teo! :-)

  • @sanniashah4877
    @sanniashah4877 5 років тому +1

    Thank you Rey, im new to the trade world & your videos really helping me out.... Soon gona start with trading :)

  • @samuelestifanos2840
    @samuelestifanos2840 Рік тому

    tanks bro you made them clear to understand

  • @youwillbenobody7331
    @youwillbenobody7331 5 років тому

    I have learnt so much from your videos

  • @natashatandiwechivhanga1925
    @natashatandiwechivhanga1925 4 роки тому +13

    😂😂😂tongue twister am not gonna repeat this anyway

  • @murraytalbot7920
    @murraytalbot7920 4 роки тому

    Really helpful vid, thank you.

  • @micalweisberg27
    @micalweisberg27 4 роки тому

    Is there a good program for a beginner to learn Day trading?

  • @chibaba7523
    @chibaba7523 4 роки тому +2

    So if the bid is lower than the ask how does one make a profit

    • @lfcupdates8
      @lfcupdates8 4 роки тому

      exactly my thought here

    • @The-eo4lj
      @The-eo4lj 4 роки тому +1

      @@lfcupdates8 I assume if the spread is 2 pips when the price rises by 3, when you sell you get 1 pip profit
      that makes sense, kind of, though u gotta wait for the bid to rise above what the ask was when u bought i
      i mean i'm just talking out of my ass, this is just a conclusion I came up to by watching this video, though I may be wrong, but it makes sense, kind of.. XD

    • @daisyyshelton6674
      @daisyyshelton6674 4 роки тому

      @@The-eo4lj that makes alot of sense

  • @oluchiolivia5193
    @oluchiolivia5193 4 роки тому +1

    great video, funny and easy to understand :D

  • @hagopkasparian8070
    @hagopkasparian8070 4 роки тому +2

    Teo bro, your very informative and i read the article bro :) 😂 Thanks!

  • @user-lg9vo2sm3x
    @user-lg9vo2sm3x 3 роки тому +1

    What trading app is the best???

  • @MrMartinas89
    @MrMartinas89 5 років тому

    You are amazing!!!!!!! A blessing

  • @ChRi5t0FuR
    @ChRi5t0FuR 5 років тому

    Good looking out Rayner

  • @emmanuelughanze6460
    @emmanuelughanze6460 4 роки тому +1

    You're the man reyner

  • @rehmansheikh6317
    @rehmansheikh6317 2 роки тому

    Nice video

  • @harrisbhee9699
    @harrisbhee9699 4 роки тому

    I love u bro
    Thanks

  • @oguntolaisraelfemi8316
    @oguntolaisraelfemi8316 4 роки тому +1

    God bless. This is really helpful

  • @thaliahowdoyou4938
    @thaliahowdoyou4938 4 роки тому

    you making this harder than what it has to be its simpler ways to explain that to BEGINNERS

    • @daisyyshelton6674
      @daisyyshelton6674 4 роки тому +1

      i understand him and i real live dont know shit about trading word

  • @immanuelnamuhuja9250
    @immanuelnamuhuja9250 4 роки тому +1

    das no foresh rish dash management. Aaah a tongue twist

  • @abbysanchez3170
    @abbysanchez3170 3 роки тому

    😂 👽 language 😭
    Day #2. 🔥🔥🔥🔥🔥

  • @lechungus1832
    @lechungus1832 Рік тому

    I will be a god. That's a promise.

  • @thesoccerplay3r
    @thesoccerplay3r 4 роки тому +1

    2% of 500K is 100k not 10k

    • @thesoccerplay3r
      @thesoccerplay3r 4 роки тому

      3:12

    • @tradingwithrayner
      @tradingwithrayner  4 роки тому

      thank you!

    • @thesoccerplay3r
      @thesoccerplay3r 4 роки тому

      @@tradingwithrayner Lol sorry don't mean to be that guy, I was studying your video and realized that didn't add up right

    • @bonganemathebula7556
      @bonganemathebula7556 4 роки тому +7

      It's actually 10k

    • @FreshKeys628
      @FreshKeys628 4 роки тому +6

      2% is 0.02 in decimal form. If you multiply 500,000 * 0.02, you get 10,000, so 10,000 is 2% of 500,000.