Part 2 of our 3 part Pardon the Jargon series. If you’re a week into the competition and feeling a little unsure of yourself – this is a great place to start. Don’t get put off by the terms you haven’t heard before and are struggling to understand – we’re heard to break them all down.
In this episode we’re going to break down some of the key trading terms you’ll hear.
In this episode you will learn:
- Quick recap of Stock and ETF’s and the difference between the two
- How to understand the term Index, and examples of it in an investing context
- What Stop Losses are, and how you can use them to minimise risk of losing money
- The difference between a Bid Price and an Ask Price
Stocks and resources discussed: