Glossary/ Market mechanics
Market mechanics
Ask
The lowest price a seller is currently willing to accept. You buy at the ask.
Where this comes up
Lessons that use the term in context, which is usually more useful than the definition on its own.
- Moving averages without the myth — What an average can and cannot tell you about a trend.
- Reading two timeframes at once — Context above, detail below — and how to stop them contradicting you.
- What costs really take — Brokerage, STT, slippage and impact, added up honestly.