Trading Basics
Day Order
When a trader places and order that is open for the day. If the price is not hit during that day the order expires.
Other Trading Basics
Capital Gains Tax
Also, CGT.
A tax on the profits obtained from a capital investment or transaction.
Contrary Opinion
An approach to trading where traders take the opposite view and therefore the position of the retail participants in a market.
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.
