Beginner5hFreeCertificate
The Order Book
Understand the mechanism behind every price movement, and place orders with precision, not guesswork.
6 modules·31 lessons
Earn a shareable Certificate of Completion.
About this course
Most investors see prices move but have no idea why. This course teaches the order book from the ground up: what the bid and ask are, how market and limit orders interact, how trades actually execute, and how to read depth and imbalance. By the end, you will understand every number on a trading screen and be able to place your first real order with confidence.
What you'll learn
- Read a live order book — bid side, ask side, spread, and depth
- Understand the four main order types and know which to use in each situation
- Explain how the matching engine pairs orders using price-time priority
- Identify slippage, partial fills, and market depth before placing any trade
- Spot price walls, iceberg orders, and order imbalance signals
- Set up a regulated Nigerian investment account and place your first limit order.
Is this course for you?
This is for you if…
- Beginners who have heard terms like 'bid', 'ask', and 'limit order' but do not fully understand them
- New investors who want to trade on Bamboo, Trove, or a Nigerian stockbroker platform
- Anyone who wants to understand why prices move — not just that they do
This is NOT for you if…
- Experienced traders already comfortable with Level 2 order flow
- Anyone looking for a course on fundamental analysis or stock picking
Before you enroll
We recommend completing the following course first:
Course curriculum
Free
Full access to 31 lessons across 6 modules.
No credit card required.