Trading Basics
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
Other Trading Basics
Chart Patterns
Technical analysts use repeatable chart patterns to try to spot changes or continuations in participant sentiment.
Ask Price
The ask price is the level at which a seller is willing to accept a bid on a security.
The ask price is always higher than the bid price.
Also known as the offer price.
Call
An option that gives the purchaser the right, but not the obligation, to buy a security at a certain price.
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