How To Trade

Both trading and investing involve the exchange of money and include some risk. Conducting 'Fundamental' or 'Technical' analysis is one technique to attempt to mitigate risk while investing or trading.

Start Trading
bitcoin
Bitcoin (BTC) 104,871.10 $ 2.03%
ethereum
Ethereum (ETH) 2,543.38 $ 7.31%
tether
Tether (USDT) 1.00 $ 0.03%
xrp
XRP (XRP) 2.14 $ 4.13%
bnb
BNB (BNB) 651.21 $ 1.72%
solana
Solana (SOL) 145.00 $ 8.68%
usd-coin
USDC (USDC) 1.00 $ 0.01%
dogecoin
Dogecoin (DOGE) 0.174689 $ 7.08%
tron
TRON (TRX) 0.273204 $ 1.33%
staked-ether
Lido Staked Ether (STETH) 2,542.91 $ 7.14%
cardano
Cardano (ADA) 0.637408 $ 6.76%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) 105,013.14 $ 1.82%
hyperliquid
Hyperliquid (HYPE) 39.85 $ 3.67%
wrapped-steth
Wrapped stETH (WSTETH) 3,063.03 $ 7.23%
sui
Sui (SUI) 2.99 $ 8.95%
chainlink
Chainlink (LINK) 13.25 $ 7.13%
leo-token
LEO Token (LEO) 9.06 $ 2.12%
bitcoin-cash
Bitcoin Cash (BCH) 418.53 $ 3.01%
stellar
Stellar (XLM) 0.25908 $ 5.60%
avalanche-2
Avalanche (AVAX) 19.02 $ 9.67%
the-open-network
Toncoin (TON) 2.96 $ 7.43%
usds
USDS (USDS) 1.00 $ 0.04%
shiba-inu
Shiba Inu (SHIB) 0.000012 $ 7.12%
weth
WETH (WETH) 2,544.20 $ 7.19%
wrapped-eeth
Wrapped eETH (WEETH) 2,721.33 $ 7.16%
hedera-hashgraph
Hedera (HBAR) 0.153999 $ 9.03%
litecoin
Litecoin (LTC) 83.79 $ 5.64%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) 1.00 $ 0.05%
ethena-usde
Ethena USDe (USDE) 1.00 $ 0.02%
polkadot
Polkadot (DOT) 3.82 $ 6.61%
monero
Monero (XMR) 312.77 $ 1.59%
bitget-token
Bitget Token (BGB) 4.52 $ 3.64%
whitebit
WhiteBIT Coin (WBT) 34.31 $ 4.79%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) 104,843.09 $ 2.06%
pepe
Pepe (PEPE) 0.000011 $ 13.25%
uniswap
Uniswap (UNI) 7.23 $ 8.28%
aave
Aave (AAVE) 281.60 $ 4.84%
pi-network
Pi Network (PI) 0.558828 $ 11.25%
dai
Dai (DAI) 1.00 $ 0.05%
ethena-staked-usde
Ethena Staked USDe (SUSDE) 1.18 $ 0.00%
bittensor
Bittensor (TAO) 365.44 $ 8.17%
okb
OKB (OKB) 51.85 $ 2.44%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) 1.00 $ 0.00%
internet-computer
Internet Computer (ICP) 5.39 $ 10.23%
aptos
Aptos (APT) 4.40 $ 10.62%
near
NEAR Protocol (NEAR) 2.21 $ 10.89%
crypto-com-chain
Cronos (CRO) 0.09065 $ 6.98%
susds
sUSDS (SUSDS) 1.06 $ 0.00%
ethereum-classic
Ethereum Classic (ETC) 16.37 $ 7.39%
jito-staked-sol
Jito Staked SOL (JITOSOL) 175.31 $ 8.67%

FX Trading Overview

Fundamental analysis is a technique used to evaluate a company's performance and calculate its stock's intrinsic worth.

  • FX is an acronym for 'Foreign Exchange,' and it is the world's biggest and most liquid market.
  • Each pair is comprised of a "base" currency (on which transactions are conducted) and a "term" currency (quotation currency)
  • The exchange rate indicates the value of one unit of the base currency.
  • When you purchase a pair, you are simultaneously purchasing the base currency and selling the term. For sell positions, the reverse is true.
  • The most frequently traded pairings are the major,' which represent the world's biggest economies.
  • Traders "purchase" at the ASK price and "sell" at the BID price. Traders will "sell" at the BID price and will "close" at the ASK price.
  • The 'Spread' is the difference between the Ask and Bid prices.

Trading Charts

  • O-H-L-C denotes the Open, Highest, Lowest, and Closing prices for the specified time.
  • Charts are generated using just 'bid' prices; the live 'ask' price may be added to charts as a horizontal line.
  • Line charts are the simplest - they display simply 'closing' prices. -Bar charts cover all of the period's data.
  • Candlestick charts are the most common and visually accessible chart type since they exhibit all of the period's data.
  • Candles are made up of two components: a 'Body' (open and closing prices) and 'Wicks' (high & low prices)

Pips & Points

  • Pips, points, and ticks are all terms used to indicate market price movements.
  • In foreign exchange, a pip is often the fourth digit after the decimal point.
  • A point is a fraction of a pip and is the last digit stated in a pair of numbers.
  • The spread and PnL are determined by multiplying the pip value by the pip count.
  • One pip equals ten of the 'term' money (for 4-digit pairs)
  • Other asset classes use points and ticks differently.