What does SMC stand for in trading?
#BasicsOfTrading #Hard #Part3
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Smart Money Concepts
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Standard Market Conditions
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Simple Moving Chart
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Stock Market Chart
What does CHoCH mean in price action trading?
#BasicsOfTrading #Hard #Part3
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Change of Chart
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Change of Character
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Common Order Chart
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Crossover High Chart
What does BOS mean in trading?
#BasicsOfTrading #Hard #Part3
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Balance of structure
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Break of structure
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Break of system
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Break of support
What does FVG mean in trading?
#BasicsOfTrading #Hard #Part3
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Face Value Gap
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Fear Value Gap
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Fare Value Gap
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Fair Value Gap
What do prop firms do?
#BasicsOfTrading #Hard #Part3
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Provide capital to traders
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Guarantee profits for traders
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Offer long-term investment portfolios
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Train beginner traders for free
What does high beta stock mean?
#BasicsOfTrading #Hard #Part3
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It does not move with the market
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It moves exactly like the market
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It is more volatile than the overall market
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It is less volatile than the overall market
What is the largest trading market in the world?
#BasicsOfTrading #Hard #Part3
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Forex Market
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Cryptocurrency Market
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Stock Market
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Bond Market
What is the daily trading volume of the forex market?
#BasicsOfTrading #Hard #Part3
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$7.5 trillion
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$50 trillion
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$500 billion
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$1 trillion
What is the name of the world's first cryptocurrency?
#BasicsOfTrading #Hard #Part3
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Litecoin
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Bitcoin
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Ethereum
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Dogecoin
What does XAU/USD represent in forex trading?
#BasicsOfTrading #Hard #Part3
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The price of copper in USD
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The price of silver in USD
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The price of gold in USD
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The price of crude oil in USD
