How do I see the Bid and Ask Prices in the Trading Station platform?
In order to see the ask chart on Trading Station please follow these steps:
- Open the chart and timeframe that you would like to see the ask prices for
- In the top tool bar locate the buttons that say “Bid” and “Ask” (TSII Desktop) or the buttons with arrows (TS Web)
- Select the chart type that you would like to see.
Bid Versus Ask: The ask price indicates the price that buy (Long) trades open and sell (Short) trades close. Anytime you buy into or out of a position, you're doing so at the ask prices. The bid price is exactly the opposite, where sell (Short) trades open and buy (Long) trades close. Think of it as 'bid - bank buys', which means you are always going to be selling a position at the bid prices.