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Jim Simmons Has Made A Lot Of Money Over The Years

Foreign Exchange Markets Are Where Investors And Traders Buy And Sell One Currency For Another

Here Is The List Of The Most Common Terms

Currency Pairs Are Traded By Selling One Currency And Buying Another

The Price At Which You Buy And Sell Is Determined By The Foreign Exchange Quotes

The Pip Is The Smallest Price Change That A Given Exchange Rate Can Make

Standard Lot Is 100000 Units Mini Lot Is 10000 Units Micro Lot Is 1000 Units

They Use Leverage To Juice Up Their Returns