Tips to get started – Day trading education
To find your feet with the day trading definition, we provide all of our readers with these tips when joining the online trading industry. Be sure to take them into consideration before opening and starting to trade with the best online broker account at CAPEX. Our latest day trading education resources will enable you to improve your trading expertise across the board.
Funding your account
Once you have equipped yourself with basic tuition through our Trading Academy, you should consider how much funding you have available. This will help determine which market to trade. The forex market, where currencies are traded, requires the smallest amount of capital. With CAPEX, you can make use of a number of reputable payment methods and there are also a variety of account options available to customers. Just be sure to stick to your budget throughout your career using the day trading definition.
Getting to know the trading platforms
At CAPEX, we provide the use of two trading platforms to provide a seamless trading experience namely CAPEX Webtrader and MetaTrader 5 (MT5). CAPEX WebTrader is accessible via desktop (on Windows and MAC) and with the best MT5 trading app (on Android and iOS). It is a highly responsive platform with advanced charting tools, designed to enhance your trading decisions.
We are sure that you comprehend the importance of execution speed which is reliable and super fast so that not a single opportunity is lost. Our powerful platform will surpass your expectations and ensure that every possible opportunity is made available through reliability and lightning-fast speed.
Limit your losses
Our sophisticated risk management tool helps you to protect your trades with Stop Loss and Take Profit features. We have considered the fear caused by the losses from your trades exceeding the capital available in your trading account with our negative balance protection policy.
Margin requirements are generally high for day traders. Deciding on how much of your capital you are prepared to risk is vital and using a stop loss to limit your loss helps preserve your capital. The amount you are prepared to lose can be calculated as a percentage or a monetary amount. Once a trader comprehends the importance of the use of stop-loss, stress experienced when losing money is minimized and capital is preserved.
Conclusion – Day trade CFDs at CAPEX
This day trading definition can be what’s needed to take your online trading experience to the next level. Educating the day trader with our CAPEX Trading Academy is the core value that we hold, providing the day trader with the tools to trade profitably, by managing funds efficiently by use of the trading tools provided. The global achievement awards that we have received recognize our multi-asset brokerage company as the broker of choice. Sign up with CAPEX today and start day trading with a range of asset classes from our seamless platform or mobile app.