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Über mich: Understanding Bid, Ask, and Spread in Forex Trading When trading forex on platforms like GoDoCM, understanding the terms Bid, Ask, and Spread is crucial for making smart and profitable decisions. What is the Bid Price? The Bid is the price at which the market (or your broker) is willing to buy a currency pair. If you are selling, you will receive the bid price. For example, if EUR/USD has a bid of 1.1050, that means GoDoCM is willing to buy one euro for 1.1050 USD.
 
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