Hi all,
I am totally new to Forex Trading and currently going through some books and literature to get a foundation understanding. I am currently reading ‘Currency Trading for Dummies’ and have a question that I will probably kick myself for asking but it just isn’t clear to me (perhaps by way of english not being my first language).
In relation to the topic of spreads, the term ‘low spread’ is used to describe where there is a small difference between the bid and the ask price. Is it also correct to use the term ‘tight spread’ to describe this or does tight spread mean something different?
Thanks