Trading Basics
Bid
Traders can go short at the bid price.
The terminology is from the broker point of view, they are bidding to buy from you.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Cut and Reverse
When a position is fully reversed and an opposing position taken in a single trade.
Capital
The economic resource used to buy assets, normally with the view to provide a product or service.
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Learn the skills needed to trade the markets on our Trading for Beginners course.