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How To Trade

The first step in your education process is learning to trade on our platform. You can visit our EDUCATION center to learn and master everything from risk management to how to analyze an assets value.

1. Asset Selection

Once you have logged into your Optinweb account you will be taken to our dynamic trading platform which is fairly easy to use and set up in an easy to follow process.

On the left side of your screen you will see all the asset types that are available to be traded. Just use the menu bar to bring up the market that you are interested in. It will then display all the assets under each type that are available to be traded. You can also use the search bar to locate a single asset quickly. Then just click on the asset you want to see displayed on the screen. You can also set up your own favorites for easy access.

You can also use the quick selector across the top of the screen, by opening the Product Type and then select the asset in the next box.

2. Charts

When you select the asset, the screens and charts will change to show the information for that asset.

You can now begin to work with our dynamic advanced charts. You can select the style of chart like a bar chart or a candlestick chart, you can add technical indicators and trendlines to our charts. You can adjust your time frames across the bottom of the charts from 1 minute to 1 month time frames.

3. Spreads Bid & Ask

To the right of the charts you can see the current bit and ask price for the asset you have selected. These are the current market price available for your crypto trade. Understanding spread and bid and ask prices are very important and you need to visit our education section to learn more about spreads.

4. Setting Up Your Trade

Now you need to set up and customize your trade before you execute it. At this point we will return to the top selection bar and select the leverage (ramping up your trade). Leverage is very important as it allows you to take a larger position than the amount of capital you have in your account, but you should remember always that leverage magnifies your profits but also your risk.

You can select from 10x to 200x leverage. 1:10 means that you can take a position valued at 10 times your current account balance or your investment amount. 1:200 means that you can increase your trading power by 200 times. Make sure you always select the appropriate leverage level.

5. Selecting Your Stop Loss & Take Profit Levels

A stop loss is a value that you instruct the platform to close your trade if the market moves against you. Stop losses are for your protection. A stop loss needs to be placed far enough from the entry price so that your trade will not close just due to the swing of the market place so setting your stop loss at the right price is critical as you do not want to get stopped out when you had a winning trade just due to a swing in the price. Remember your stop loss is also your risk level. You can update your stop loss during your trade. Your stop loss is also considered your investment amount because it is the most that your trade will cost you. Leverage affects the amount you can lose so sometimes you might want to reduce your leverage to allow you to place your stop loss a bit farther from the current price level. Learning to understand risk and stop losses are important and something you should master before executing trades.

Next you need to select your profit level, how much you hope to earn on this trade, the system will automatically close your position when this level is achieved. You can adjust this price level during the trade or you could set it higher in the hopes of a surge in the market. A smart trader will set his profit or risk loss ratio and maintain that at all time, a minimum of a 3-1 ratio is smart.

6. Executing Your Trade

As you have been making your decisions, the trade execute window has been updating. If you look at the buy and sell buttons on the right, you will see all the information you have selected above incorporated into the trading window. Now you are ready to execute your trade. If you believed that the price of the pair is going to rise, then you would click on the buy button. Remember with CFD trading you are simply setting up a contract for difference from your entry to your exit point. Once you click on the buy or sell button the system will begin to execute your position.

Your trade will be approved and opened.

7. Managing Your Position

You can locate all your open positions in your trade management window located on the bottom of the screen under the open position tab. If you want to see closed positions, click on the closed position tab. Click on the line that shows the trade you want to see, and the system will open a complete details window which will allow you to monitor and update or close your position. Here you can reset your stop loss, or your take profit levels and you can also close your trade. You should always be monitoring your open positions.

OptionWeb invites you to start trading

Trading involves high amount of Risk