Chapter 10  WHAT IS SPREAD?


Spread stand of bid & ask :-

"BID" is the price at which you can sell the currency. "ASK" is the   price at which you can buy currency. The difference between these two prices is known as the spread. The spread is the profit taken by the broker against the retail trader. The spread grows during the news and also during the market off

So, avoid trading when the spread is wide.

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