CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When trading CFDs, it's important to monitor the correct price chart based on your position:
- Short Position: Use the Buy price chart.
- Long Position: Use the Sell price chart.
How do I switch between the buy and sell price charts?
- Open the instrument screen
- Tap on the Advanced chart button
- Select the instrument icon at the top-left of the screen
- Tick "Buy" price chart
- To switch back to the Sell price chart, untick the box.
- To switch back to the Sell price chart, untick the box.
Why should I switch between the charts?
The chart you follow depends on whether you're opening or closing a trade. For short positions, you enter at the Sell price and exit at the Buy price, meaning you need to monitor the Buy price chart. For long positions, you open at the Buy price and close at the Sell price, so the Sell price chart is relevant.