Bid Price | Trading Lingo
Bid Price | Trading Lingo
The Bid Price is the price traders are currently bidding a stock at. Every stock has a bid. Lets say traders are bidding 10.00. Traders can put an order to buy at 10.00, and they will have to wait for a seller to come sell them shares.
Alternatively, they can simply buy from a seller who is sitting on the ask at 10.02.