Trading Basics

Elliot Wave Theory

A theory about how markets behave.

A loan that the owner can convert to ordinary shares in that company, given a set of conditions defined in the original loan.

An order type where the trader wishes to go long above the current market 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.

Learn the skills needed to trade the markets on our Trading for Beginners course.