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Trading Basics

Advantages of Spread Trading

How to place a trade using PIPTRADE 1.0
1 Select the product you want to trade (i.e. EURUSD)
2 You set your DOLLAR PER TICK (This is the dollar value you want each tick movement in the market price to represent)
3 Set your amount to risk. (This is your maximum exposure in the market after you place your trade and it represents the maximum amount you can lose in case the market moves against you)
4 Place your trade (Buy or Sell).
 
How to place a trade on a traditional trading platform (like Metatrader 4)
1 Download and install the trading platform
2 Select the product you want to trade (i.e. EURUSD)
3 Set the number of lots that you wish to trade (Set deal Volume)
4 Set your Stop Loss rate (With PIPTRADE, stop loss is automatically set for you based on the amount you choose to risk)
5 Set your Take Profit rate
6 Select the order type: Either "Instant execution" or "Pending order"
7 Place your trade (Buy or Sell).
 
As you can see from the side by side comparison above, it's much easier to place the same trade on PIPTRADE than on a traditional trading platform.
  • You only need 4 easy steps to be in the market with PIPTRADE. Much faster and easier to understand compared to other platforms.
  • When trading with a traditional trading platform, In order to calculate the value of each tick movement, a trader needs to do a series of complicated calculations that take into account lot size, leverage and product specifications. That’s the only way in which the trader can calculate what each tick movement represents in value in regards to his open positions. Whereas with PIPTRADE the DOLLAR PER TICK is set by the trader from the moment he places the trade, thus making it more transparent and easy to understand, taking away the need for complicated calculations and offering the trader a clear advantage over the other trading platforms.
  • In a traditional platform the trader needs to have a very good understanding of complicated financial terminology like volume, stop loss, leverage and product specifications in order to do the necessary calculations every time he wants to calculate what each market movement means for his position.
 
Trading Basics
  Introduction to the Capital Markets
  The Basics
  Tips for New Traders
  Managing your Risk
  Components of
PIPTRADE 1.0
  Trading Tools
Advantages of Spread
Trading

 

 
 
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