Trading using easyTrade

easyTrade is easyMarkets' latest trading product that allows you trade without margin requirements, zero spreads and predefined risk. It's simplified trading process allows the client to place trades in just three steps. This gives them the ability to react instantaneously when markets move.

It's a great tool

that can be used in various ways, here are just 4+1 trading strategies you can

use with easyTrade:

1. Trade the News
2. Intraday Trading
3. The easyTrade

4+1. The easyTrade Hedge

Trade the News

The Forex market is constantly moving, especially after news that have to do with market stability or policy changes that can affect the global economy. easyTrade is seemingly designed for this type of application. Once you see the news and figure out which instrument it could possibly effect - decide your maximum risk, the duration of your trade and whether the news will cause the instrument to go up or down.

There's no need to calculate stop loss because your risk is already predefined, or margin before you place your trade or even your spread cost - because easyTrade has zero spreads.

Intraday Trading

Day trading is another simple trading strategy - all the positions a trader opens are closed within the trading day. It's profit model is similar to scalping, i.e. based on many small trades. easyTrade's trade duration is 1 hr, 3 hr, 6 hr meaning you could hold your position open for the duration that most major markets are open.

It can automate your trading to a certain extent also since your risk is predefined and if you do not close your easyTrade, it will close automatically.

The easyTrade

Due to the way easyTrade works, clients can actually trade significant economic calendar events, without the fear of their risk increasing more than they intended due to volatility. Set the duration of your easyTrade to coincide with a financial calendar event and decide whether the instrument's price is moving up or down.

Bonus variation - The easyTrade Hedge

Do you have a trade that might be open and affected by an economic calendar event? Set up an easyTrade hedge - by timing its expiration to overlap with the event. Since easyTrade allows you to predefine your risk (and see it displayed in your account's base currency or pips), If your analysis is showing that the instrument you are hedging against will move within a specific pip range, then you can set your easyTrade to that level.

This is a press release provided by easyMarkets.com