What is the spread?
All trading instruments have two prices, which are the Bid Price and Ask Price. The spread is the difference between these two prices.
The Bid price is the price quoting the highest bid on the market, which is the best price available to sell at. The Ask price is quoting the lowest ask, which is the best price available to buy at.
What triggers the activation of my stop loss?
- The Bid Price initiates the closing of Buy positions.
(Sell order executed to close a buy position)
- The Ask Price initiates the closing of Sell positions.
(Buy order executed to close a sell position)
How do I enable my Ask Line?
- Do a right-click on the graph.
- Click 'Show Ask Line'