In a previous article about how to start an online investment account, I mentioned that lots of people in the Philippines have become more interested in saving and investing. Unfortunately, the world of investing has many complicated words and terms that people don’t normally use and they tend to scare off a lot of newbies. A lot of people likely give up once they come across sentences and phrases that they don’t understand, and because of that they lose an excellent opportunity to learn how to improve their financial life.
That is the reason why I created this short guide. Here are a few stock and forex trading terms that newbies should learn!
*By the way, “forex” means foreign exchange and it refers to trading currencies.