Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Understanding basic trading terms and acronyms
by
Cryptoprincess101
on 09/11/2023, 18:20:18 UTC
⭐ Merited by hugeblack (1)
I think we the newbie here should be conversant with some trading terms here like CFDs, binance, indices, DIP and HODL and so one. I plead with some of our senior members here to create  threads that will educate us on this trading terms and acronyms and also the right techniques to follow in trading so that it will guide us during trading times. I know everything in life is about stages but it is important that we have a pre-knowledge of how trading works and how to follow the right concept.


As a beginner, I believe the best way of learning is to first observe how things are going before we seek knowledge on trading activities. As a newbie or a beginner it is not advisable to just rush into trading without knowing some trading ethics that should be followed in other not be misinformed, learning is a gradual process as you can't rush into knowing basic trading terms and acronyms when you are not familiar with the trading environment, so it ought to be one step at a time then from time to time you will start being conversant with the trading methods.