Here you can find an extensive list of terms that would help you understand the trading of financial contracts. If you feel that anything is missing feel free to contact us.
• Ask Price
The ask price is defined as the price that a seller is willing to accept for an underlying security.
• Ask Size
The ask size is the total number of contracts that a seller is offering at the given ask price. A buyer does not have to purchase the entire ask size, but can buy any quantity up to the ask size total.
• Best Ask
The best ask is the lowest price, quoted by a seller, for an asset to be sold at.
See also Bid
See also In the Money (ITM; profitable) and Out of the Money (OTM; unprofitable)
See also Bull Market
• Bid Price
The bid price is defined as the price that a buyer is willing to offer for an underlying security.
• Bid Size
The bid size is the total number of contract that a buyer is offering at the given bid price. A seller that not have to sell the entire bid size, but can sell any quantity up to the bid size total.
• Best Bid
The best bid is the highest price, quoted by a buyer, for an asset to be bought at.
See also Ask
See also Bear Market
See also Put Option
See also Forex
Day traders have a variety of strategies and depending on their market approach, this may range from opening several orders to hundreds of orders daily. The aim of a day trader is to profit by taking advantage of small price movements in high liquidity markets.
See also Currency Pairs
See also At the Money, Out of the Money, Strike Price, Call Option and Put Option
See also At the Money (ATM; breakeven), In the Money (ITM; profitable), Call Option and Put Option
See also Call Option