Step 1: Simulation platform download
If you want to simulate spot crude oil trading, you need to download the silver trading platform first. At present, ET6 is the most widely used trading platform in the foreign exchange market.
All operations of spot crude oil trading are completed on this platform, and products such as precious metals, stocks, energy and futures can also be carried out.
With its powerful operating system, simple operation method and clean operation interface, ET6 platform has quickly become the first choice for major spot crude oil platforms. ..
Step 2: Select the appropriate spot crude oil.
After downloading the spot crude oil ET6 platform, you can install and register. After registration, speculators can operate on the platform.
Because many people are new to this platform, they may be completely confused by various operation diagrams on the ET6 platform.
But don't panic, we have a special platform operation explanation here to ensure that everyone can fully understand.
Step 3: Simple spot crude oil analysis
When we chose our favorite spot crude oil pair, we began to make a simple analysis of this spot crude oil.
Whether you use fundamental analysis or technical analysis, because your knowledge is limited,
Technical analysis mainly depends on the trend change of the chart and makes a general prediction.
Then, combine the conclusions of the two analysis methods to get my own opinion.
Step 4: Open a position and place an order.
After a simple analysis of spot crude oil, you can open a position and place an order for trading. At this time, we can choose to "buy" or "sell", expecting to buy up and sell down.
When you make a choice, whether the market goes up or down, as long as it meets your expectations, you can make a profit.
You can also set a stop-loss position before placing an order. When the price fluctuates to the position you set, the system will forcibly close the position, terminate the transaction, lock in the profit for you or reduce further losses.
After the order is completed, whether it is profitable or not can only be answered by the data of market fluctuation.
Step 5: Settlement and liquidation.
After the liquidation, the transaction is completed. The system will give you the amount of profit or loss. Of course, before you manually close your position, the system may close your position at the stop-loss and take-profit positions you set.
Or don't set a stop loss and force the liquidation in case of bad situation. Click Display → Terminal, or the shortcut key ctrl+T to dynamically display the order status at the bottom of the platform.
Double-click the order and click the yellow bar in the pop-up window to close the position. After the liquidation, this single transaction is completed.