About Day Trading: The Bid, The Ask, and The Last
| from Adam Milton This week's day trading newsletter includes: - descriptions of the bid price, the ask price, and the last price, and how they are applied in day trading, - some comments on why impatience is a costly emotion, - and the weekly economic calendar with volatility expectations.
|
|
In the Spotlight |
The Bid, The Ask, and The Last Day traders are usually aware of the bid, ask, and last prices. Buy and hold investors (the general public) are usually unaware of the bid, ask, and last prices. Either way, many traders and non traders alike, are confused about what each of these prices represents ... find out more | | The Price of Impatience is $450 I recently heard about a trader that entered a trade early, because they thought they knew what the market was going to do, and it cost them $450. A large part of day trading is waiting for a trade to occur. Professional traders know this, and are content to wait as long as necessary (a few minutes, an hour, even days) for their next trade. Impatient traders on the other hand ... read more | Economic Calendar with Volatility There are several news releases from the US, and a lot of news releases from Europe and Asia this week. Each region also has a few high volatility news releases, so the US, European, and Asian markets should all experience some high volatility and significant price movement throughout the week ... view the calendar | Sponsored Links | | | | Advertisement
|