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.

The bid, ask, and last prices are a very important aspect of day trading, and understanding what these prices represent, and how they work together, can make a big difference to your trading. To that end, definitions of the bid, ask, and last prices, are available in the bid, ask, and last article.