Trading CFDs On Apple Shares With City Index Asia
SINGAPORE, April 30, 2012 /PRNewswire/ --
CFD trading allows traders to go short, enabling them to potentially profit from a falling market or go long in a rising market.
Traders choosing to trade on Apple's share price - following their Q2 earnings announcement on Tuesday 24 April 2012 - can potentially enhance their ROI using a CFD ( Contract for Difference) as it's a leveraged product; therefore maximising their market exposure for a small fraction of their investment.
However, traders must remember that higher leverage can result in losses greater than their initial deposit.Keeping this risk in mind; the following tips may be helpful for traders looking to trade CFDs on over 9,000 global markets; including Apple shares with City Index Asia. Know Your Markets: Apple Shares The most experienced CFD traders will tell beginners that it is important to trade markets that you know. Through City Index Asia, you have a range of CFD markets to choose from, so you can choose a market you understand and know more about. If you're looking to trade on Apple shares; you should be keeping up-to-date with financial news, share prices, stock market changes and company reporting dates - such as Tuesday's earnings announcement - as these all can impact your trading choices. Set Realistic Markers when trading Apple shares Before you begin to trade on Apple shares, you should have reachable goals implemented and a well developed CFD trading plan. So a general guide to help you reference your progress as you trade. Main pointers should include: • Profit goals (daily, monthly and yearly) • Trade size • Your Maximum losses • Entry/exit point The last two points are crucial to managing your risk as these will affect where you set your limit orders and stop loss orders (read more below). Managing Your Risk In managing your risk, firstly, you could apply stop losses to your CFD Trading account. Choose between a Standard and Guaranteed Stop Loss Order (GSLO). With a guaranteed stop loss you can close out a position at a pre-arranged level regardless of any market volatility or price gapping (slippage).
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