Trading Basics
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.
Other Trading Basics
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
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.
Cash Call
When your broker asks you to deposit more cash into your brokerage account to cover margin requirements.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
