Buy Limit

Trading Basics

Buy Limit

An order type where the trader wishes to go long at the limit price or lower.

Other Trading Basics

Contango

This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.

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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.

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