// TRADING TERMINOLOGY
What is Quote?
The most recent price at which a security has traded, or the bid and ask prices currently available.
In-Depth Explanation
A quote typically shows the bid price (what you sell at) and the ask price (what you buy at).
Practical Example
"The broker provided a quote of 1.2500 / 1.2501 for the GBP/USD."
Master the language of risk
Knowing the terms is just the start. Learning how to apply them is where the edge is found.
Join Drawdown Free