3 Key Trading Strategies From Plus500

3 Key Trading Strategies From Plus500

Plus500, one of the largest CFD trading platforms online, has recently created a video outlining 3 key trading strategies you can use to optimize your trading positions. As Plus 500 mentions, there are many trading options that can be successfully used, but they focus on Day TradingPosition Trading, and Swing Trading.

The first thing that Plus 500 mentions is the importance of developing some kind of trading strategy for yourself. This strategy will help you optimize your decision making and (hopefully) your overall earnings. The nice thing about having a trading strategy is that it can be customized to fit your needs and work simultaneously along side other strategies. 

Day Trading

The first trading strategy that is mentioned is day trading; or conducting trades via buy and sell options within the same day. This trading strategy focused heavily on short term market fluctuation and targeted windows to maximize trading potential. When you are day trading, it is important to operate with stop-loss options, as it is important to lock in profits or minimize your downside loss by locking in a trade at a certain price. This also helps take the emotional aspect out of trading, as your trades are preset and pre-determined.

Position Trading

Position trading is a medium term strategy that relies on opening a position for a longer time period, such as days, weeks, or months. Unlike day trading, which relies heavily on technical analysis, position trading relies heavily on fundamental analysis, which determines the potential value of a financial instrument by examining and analyzing micro and macroeconomic relevant data. When using the position trading strategy, the trader will wait for the financial instrument to reach a certain level of support before opening their long position and then hold it until it reaches its expected outcome. When conducting this type of trading strategy it is important to have a strong grasp on the underlying fundamental value of the financial instrument.

Swing Trading

Swing trading involves a trader utilizing technical analysis in order to identify trends in a market and capitalize on those future trends with their trades. This strategy involves entering a position at a resistance point and trying to “ride the wave” of the trend and take advantage of the position. Plus500 offers over 90 different technical indicators, so you can develop an in depth strategy in order to track and capitalized on changing market trends.


Recently Similar News

Latest Guides

Latest News


Bao Casino Offering High Roller Bonus

Bao Casino, the online cryptocurrency based casino, is offering a large bonus for high rollers. Bao Casino, the online cryptocurrency based gambling site, is offering a new bonus for their high rollers. It is very easy to qualify for this promotion and is available to anyone who has the capital. For a limited time only, […]

28 September, 2020
Binance,Blockchain,Cryptocurrency,Exchange Platforms

Binance Visa Cards Are Now Available in Europe

Binance, the largest cryptocurrency exchange online, has recently released a Visa card in Europe, allowing users to get up 8% cashback on all purchases. Binance, the world largest cryptocurrency exchange, has partnered with Visa in order to continue their expansion into the European market and released the Binance Visa card. This card is available to […]

28 September, 2020
CFD Trading Platform,Cryptocurrency,Exchange Platforms,Trading

IQ Option Identifies Some of the Biggest Obstacles in Trading

IQ Option, the CFD and cryptocurrency trading platform, has recently created a blog post highlighting some of the biggest obstacles traders face when trading. IQ Option, the online cryptocurrency and CFD trading platform, has released a blog post highlighting some of the biggest and most challenging obstacles a trader can face while conducting their trades. […]

28 September, 2020
Bitcoin,Crypto Wallets,Cryptocurrency,Trading

Kraken Wins First Ever U.S. Bank Charter Approval For A Cryptocurrency Exchange

Kraken, the online cryptocurrency exchange, has been granted regulatory approval to be the first cryptocurrency firm with a Special Purpose Depository Institution (SPDI). Kraken, the large cryptocurrency exchange, has recently been granted approval to operate as the world’s first Special Purpose Depository Institution (SPDI), which for now is being called Kraken Financial. The license was […]

28 September, 2020

Binance Reviews The Month In Cryptocurrency And Highlights DeFi

Binance, the online cryptocurrency exchange, has released their monthly review, highlighting the historic rise of decentralized finance. Binance, the largest cryptocurrency exchange in the world by volume, has recently released their monthly review of the cryptocurrency space, highlighting the massive growth in the decentralized finance (DeFi) sector. Besides the launch of Binance Smart Chain, Binance […]

28 September, 2020

CoinMarketCap Identifies Bullish Events for Bitcoin and Explains the Drama Behind SushiSwap

CoinMarketCap, the world’s largest cryptocurrency market cap aggregator, has released an opinion piece on events surrounding Bitcoin and all the drama behind the SushiSwap saga. CoinMarketCap, the large online cryptocurrency market capitalization aggregator, has created an analysis on events surrounding Bitcoin and the craziness surround the latest DeFi craze, SushiSwap. The main event related to […]

28 September, 2020
Decentralised,Ethereum,Exchange Platforms,Trading

Uniswap Launches UNI Governance Token With Airdrop

Uniswap, the large decentralized exchange, has recently launched their governance token, UNI, and have given away 15% of the token to users. Uniswap, the Ethereum based decentralized exchange and decentralized financed (DeFi) application, have recently launched the governance token, UNI, and have airdropped a large portion of the token supply. All in all, Uniswap distributed […]

28 September, 2020

Changelly Explains The Concept of Short Selling

Changelly, the online cryptocurrency exchange, has recently released an article on short selling and how you can take advantage of it as a user. Changelly, the larger online cryptocurrency exchange, has created a blog post highlighting short selling and what their users can do to take advantage of this trading feature. Short selling can take […]

28 September, 2020