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
At Best
An order type that instructs the broker to get the best possible price they can obtain for a trader or investor
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
Account History
This refers to a traders account with their broker.
It is a register of their completed transactions, balances and orders.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
