What is the importance of Spread in Forex Trading?
A wide spread means that there is a greater difference between the Bid and Ask prices. Moreover, there is high volatility and low liquidity. Conversely, a lower spread in forex trading indicates high liquidity and low volatility.
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
