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
Asian Session
When the majority of Asian markets are open and trade.
Typically 23:00 to 08:00 GMT.
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
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Learn the skills needed to trade the markets on our Trading for Beginners course.