A ticker symbol is a short version of a company name.
Benefits of Ticker Symbols:
-Every ticker symbol is unique (some companies have similar names and this eliminates confusion)
-It is faster to type than a full company name
-Faster for trade executions
-McDonald's = MCD
-Facebook = FB
-Caterpillar = Cat
-Google = Goog
★ SUBSCRIBE TO MY YOUTUBE: ★
★ ABOUT TRADERSFLY ★
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.
Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better.
Stock trading and investing is a long journey – it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us!
STOCK TRADING COURSES:
STOCK TRADING BOOKS: