Step 11. Understanding Trading Execution Buttons on Desktop and Mobile

OBJECTIVE

In this video, I walk you through the trading execution buttons on both desktop and mobile platforms, focusing on the buy and sell buttons located in the top left-hand corner. I explain how clicking the blue buy button enters a long position, indicating a bullish bias, while the red sell button enters a short position, reflecting a bearish outlook. I also emphasize the importance of checking your settings to ensure these buttons are visible before executing trades. If you haven't done so already, please refer to the previous training for guidance on adjusting your settings. Let's get comfortable with these tools to enhance our trading experience!

Introduction to Trading Execution Buttons 0:00

  • Overview of the purpose of the Loom video: to explain trading execution buttons on both desktop and mobile platforms.
  • Emphasis on the importance of understanding these buttons for effective trading.

Locating the Trading Buttons on Desktop 0:09

  • The trading execution buttons (buy and sell) are located in the top left-hand corner of the desktop interface.
  • If buttons are not visible, refer to previous training for settings adjustments to ensure they appear.

Locating the Trading Buttons on Mobile 0:17

  • The mobile app has the same layout for trading execution buttons: blue buy and red sell buttons in the top left-hand corner.

Executing a Buy Position 0:30

  • Clicking the blue buy button enters a long position (buy position).
  • Explanation of what a long position means in trading.

Executing a Sell Position 0:43

  • Clicking the red sell button enters a short position (sell position).
  • Explanation of what a short position means and the expectation of price movement.

Impact on Profit and Loss (P&L) 1:11

  • Clarification on how entering a sell position can potentially increase profit (P) and decrease loss (L).
  • Importance of understanding market bias when executing trades.

Conclusion and Recap 1:22

  • Summary of the key points discussed regarding the trading execution buttons on both platforms.
  • Encouragement to practice using these buttons for better trading execution.