Traders language

Traders language

BID – The price at which the market is willing to buy the stock.

ASK – The price at which the market is willing to sell the stock.

Spread – the difference between bid and ask.

Point – unit size we use in forex. Mostly the 5th digit after the decimal point

Symbol - used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both.

T (at&t), AA (Alcoa), MMM (3m), FB (Facebook), CSCO (cisco), C (city bank)