In this first lesson of our course on the fundamentals of trading, we explain the difference between bid prices and ask prices (or offer prices). We also discuss what is meant by the bid-ask spread and how that relates to a "buy low, sell high" strategy.
0:00 Introduction
0:48 What are bid prices and ask prices?
4:16 Bid-ask spread
6:28 Buy cheap, sell high
See also our detailed post on this topic:
www.initialreturn.com/bid-price-vs-ask-price/
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