Placing trades and the terminology along with it

What are the different kind of trades you can make and how do they work like the lot sizes and take profits and different order types etc

Hi and welcome to the forum. This forum has an education tab that takes the reader to the School of Pipsology. All those terms are covered in that education section. Or alternatively, just browse “forex trading” and go from there.

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Get a demo or 2 and try them all. Market orders are fine. Pending orders are harder to work out, buy stop and all that

Best thing you can do is take up the pipsology course here. That way all your doubts and queries will be answered.