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🚨Lv.2 / In day trading, the bid and ask prices are important to understand, as they represent the prices at which a security can be bought or sold... --> #level2 #Lv2 #bid #ask
... The bid price is the highest price that a buyer is willing to pay for a security, while the ask price is the lowest price that a seller is willing to accept. The difference between the bid and ask prices is known as the spread, and it represents the cost of buying or selling. Image
To use the bid and ask prices in day trading, traders should consider the following tips:
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