Quote:
Originally Posted by kepp
Here's a beginner's question...when I am creating a buy order for a stock I'm seeing "bid" and "ask" prices and then a place where I can specify a price, but it is pre-filled with the "ask" price. What is bid vs. ask?
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There are a set number of shares available for a given stock. When you buy shares of a stock that means someone else is selling.
Bid is what someone buying is willing to pay per share.
Ask is what someone selling is willing to accept per share.
Bid/Ask prices fluctuate constantly as the share price of a stock changes.