|
Hello,
Here is a quick overview of the gnuTrade trading screen, and how to place a ‘per point’ trade and a ‘basic bet’.
The screen is divided into several windows:
World Markets
This window shows the markets you can trade and how they are performing. The spheres move up and down and change colour according to their market price movements, and you can see how the markets are moving relative to each other.
To see all the available markets: use the ← and → arrows on the joystick or the ← and → arrow keys on your keyboard.
To see a market's buy and sell prices: move the sphere to the centre and click on it. Click it again when you have finished.
To place a trade: Move the market to the centre then click the green ‘Thumbs up’ icon
Active Trades
The trades you place will appear in the Active Trades Window. When a trade closes its sphere will automatically disappear from this window.
• Green dot = active trade is currently in profit
• Red dot = trade is currently in loss
• Yellow dot = market price has not moved
Per Point Trading
Per point trading is the classic way to trade a market.
'buy' when you think the market price will rise, and 'sell' when the price goes up, to collect your profits.
You can also place the trade in the opposite direction, if you think a market price is going to fall:
click 'sell' if you think the market price will fall, and then click 'buy' when the price goes down, to collect your profit
How to place a ‘per point trade’
Place the market you want to trade in the middle of the World Markets window, click the ‘Thumbs up’ trading con and then select the per point tab.
1. Choose your bet amount per point
2. Click ‘ buy’ if you think the market price will go up, and ‘ sell’ if you think the price will go down
3. Use your mouse to move the red horizontal line, to set the stop loss level. This is the price at which the trade will automatically close if the market moves againsts you. This will help minimise any losses. Look at the margin when you move the ‘stop loss bar’ as this shows you the maximum amount of money you could lose if the market price reaches a particular stop level.
4. Check the roll box if you want to keep the trade open beyond the end of the market’s trading day, for a small fee. (You can uncheck the box later the same day if you change your mind, and the fee wil not be charged)
5. Click Confirm when you are ready for the trade to go through
How to adjust an active per point trade
Click the green ‘Thumbs up’ icon, then you can use your mouse to do the following:
1. Raise or lower the stop loss level (increase or decrease the margin)
2. Change the roll status (keep a trade open beyond the end of the day, or close it at the end of the trading day)
3. Increase or decrease your bet amount, to minimise risks or ‘lock in’ profits
4. Close the trade completely (click the X) to collect your profits or accept a loss
Basic Bets
Will a market’s price be up or down in the next five minutes? What about in the next few hours or by the end of a day? You can express your view by placing a Basic Bet on whether a market’s price will go up or down within a certain timeframe.
How to place a ‘Basic Bet’
Place the market you want to trade in the middle of the World Markets window, click the Basic Bet tab, and then the green ‘Thumbs up’ icon
If you think the market price will be higher in the future:
1. Click on 'higher' then choose your bet amount (eg, £10.) A playing chip icon shows your bet amount and the potential payout is shown next to it.
2. Decide how long you want the trade to remain open (e.g. 5 minutes).
Chat window
Here you can chat to other players or the Helpdesk if you have a query.
Market News window
Choose your news source and catch up on the latest news stories of the day
Accounts window
View the cash balance in your real or play money accounts.
Margin balance = the maximum amount you could lose if the
markets move against you. You can adjust this figure to an amount you
are comfortable with, depending on how much risk you want to take.
The Trading screen has many more features to explore, including:
- More easy guides to trading
- Market analyser – to compare financial markets and make trading graphs
- Back a Player Trading – back a top 10 market trader instead of following the markets directly
Sign-in, explore the trading screen and see for yourself.
|