Trading basics
What a market is, who is on the other side of your order, and what you are actually buying.
A market is a matching engine
Every trade needs a buyer and a seller. The exchange matches your order against resting interest. Price is simply the last point where those two agreed.
Bid, ask and spread
The bid is the highest price a buyer will pay, the ask is the lowest a seller will accept, and the gap between them is the spread. Crossing the spread is your first cost on every trade.
Practice before capital
In Zoflix every order is simulated. Use it to build a repeatable process: thesis, entry, invalidation, size, review.
Knowledge check
Answer to reveal the explanation
1. What is the spread?
2. Which order guarantees immediate execution but not price?
Key takeaways
- You always pay the spread when you use a market order.
- A plan without an invalidation level is not a plan.
- Process quality is measurable even when outcomes are noisy.
Zoflix is a simulated trading environment for education only. Prices and results are for demonstration and do not represent financial advice or real trading performance.