Basic Trading Terms_1:

 Learning the basic trading terms is very important when someone is trading in market. Because, when we see our order book it will confuse us badly, after that googling about it will not make sense, so I am writing a detailed post about it.

Below I have given a picture of a snap quote, it is very important when buying or selling the stock,

Can you guess what these terms are representing? you can easily say the buyers and seller column as total buyers and sellers right? that is correct anyway. Here the Best buy represents, who ever willing to pay to buy a stock but the one who places the high price will come to first in queue and his order will get executed first. Like same for sellers as well, but here when some one willing to sell at low price will come first in queue when ever these two prices are matching a trade will happen.

TBQ represents - Total Buy Quantity

TSQ represents - Total Sell Quantity

Will see more about basic terms in my next post.