Why is the difference between ask and bid prices important in trading?
The ask price is the lowest price a seller will accept, and the bid price is the highest price a buyer will pay. The spread between them helps determine the current market price.
Why is the difference between ask and bid prices important in trading?
The ask price is the lowest price a seller will accept, and the bid price is the highest price a buyer will pay. The spread between them helps determine the current market price.