GLOSSARY

Bid/ask spread

IN PLAIN ENGLISH

The gap between the highest price a buyer will pay (bid) and the lowest a seller will accept (ask).

WHERE YOU MEET IT

Not shown directly — it's the reason a fresh buy can show a small paper loss immediately.

WATCH OUT FOR

Wider spreads mean higher hidden cost on both the way in and the way out.

EXPLAINED IN

Why the price you saw isn't the price you got

Educational content only. It is not personal financial advice.