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Not knowing exactly what will happen next. In Forex, an explanation or a plan cannot remove uncertainty about future prices.
Example: You plan an outdoor picnic, but cannot promise that the weather will stay dry.
Keep in mind: A confident explanation is not a guaranteed outcome.
The amount currently required to support open exposure under the account’s margin rules.
Example: In a demo account, equity may be 100 while 20 is currently required as used margin.
Keep in mind: Required margin is not the full exposure or a promised maximum loss.
Coordinated Universal Time, a shared time reference used to compare events across places with different local clocks.
Example: A teaching appointment at 09:00 UTC is 12:00 at a location whose offset is UTC+3 on that date.
Keep in mind: Check the date and local offset instead of assuming every place uses a fixed offset year-round.