@wetmore
@aneri.base.eth Spread: The difference between the bid (sell) and ask (buy) price.
Lots: Standard unit sizes for trading (micro, mini, standard).
Major Currency Pairs GBP/USD
USD/JPY
USD/CHF
AUD/USD
USD/CAD
Pros
High liquidity
Open 24 hours during weekdays
Potential for profit in rising or falling markets
Cons
High risk, especially with leverage
Requires strong risk management and analysis skills
Can be highly volatile
Are you looking to start trading, or are you already experienced and looking for advanced strategies?
#DeGeniusFxTrader #unitedkingdom