Many people join Exness to play stocks, but the number of successful traders is not many. Do talented traders have any secrets on how to play Exness? How do they make huge profits every day from stocks on Exness? In this article, EX Trading will share with you how to play stocks on Exness that many people do not want to reveal. Let’s find out this extremely interesting information.
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ToggleWhy do many people choose Exness to play stocks?
The stock market has hundreds of large and small exchanges. Why do millions of investors “pour money” into Exness every day? If you ask this question, it proves that you are a “newbie” in the Exness community. Exness’s popularity has been reaching international levels for a long time. It is a quality trading platform, licensed to operate by major financial agencies around the world.
Exness’s operating criteria is “Behind every successful trader is a trustworthy broker”, Exness is the ideal exchange that provides all the superior features that traders desire:
- Exness provides a flexible trading platform (MT4, MT5, Web, and Mobile): Order matching speed in how to play Exness is fast and accurate.
- Diverse analytical tools: Exness provides more than 50 analytical tools for technical analysis traders to predict market trends.
- Absolute information security: Exness has a strict management system, ensuring transaction safety for investors. In addition, in every way you play Exness, you are protected by world financial institutions.
- Deposit and withdraw money in many forms: The time for successful deposit/withdrawal orders is extremely fast. Exness also supports a variety of forms, the most popular being Internet Banking; Visa; Neteller; Skrill; and Money.
- Supported by a team of highly qualified experts: when participating in stock trading at Exness, you don’t have to worry about encountering problems because the consultants will help you solve them immediately.
Basic instructions on how to play Exness
Below are some Exness setup instructions that traders need to understand:
- Register account: Visit the Exness website, and register for a trading account. By providing some necessary information as requested.
- Account verification: If you register for a Demo account, verification is not required. If you open a real account, you need to provide identification and address for verification.
- Deposit money into your account: Wait for the exchange to verify your account. You can then deposit money into your Exness account. You can choose one of the deposit methods available on Exness. Normally, traders use Internet banking and treasury methods.
- Learn about trading: To trade profitably, you need to learn about products, strategies, and market-related factors. That helps you know how to play Exness and minimize risks.
- Choose a trading platform: Exness offers a variety of trading platforms. Among them, MT4 and MT5 are the two most popular platforms. You can download the application to your device and use its tools and functions to perform transactions.
- Risk management: Knowing that risk will be difficult to avoid but you still need to manage it. Set a profit goal, and stop loss at the right time to limit losses.
- Monitor and analyze the foreign exchange market: You need to monitor price fluctuations and analyze technical reports to make accurate trading decisions. Use the market analysis tools Exness provides to capture important information.
>>>See more: Open Exness Account: Latest guide for new traders
The styles of trading stocks on Exness that experts often use
Each trader will have a different style how to play Exness. However, not all strategies are successful. In this article, we have selected the 3 most popular and effective ways to play that investment experts have been applying.
How to play Exness surfing
This method means you look for stocks with good locations and prices. Then, you wait for the price to increase to resell. Finally, you just need to profit from the above transaction. The way to surf does not require a lot of capital investment, is flexible, and can be applied by everyone.
Surfing is quite simple and easy to do. If you have little investment experience or are a “newbie” in the industry, you can apply this method. A small tip for your reference is to take advantage of the analysis tools available on your account to capture investment opportunities.
However, surfing also has many potential risks. Market fluctuations, time risks, and psychological risks are also big challenges. Therefore, you need to spend a lot of time monitoring the general situation to be able to respond promptly.
Steps to play surfing on Exness:
Step 1: Determine the market trend at that time
Many people misunderstand how to play Exness surfing: buy low and sell high. The correct way to play is to wait for the price to trend up to buy and sell when the price starts to decrease.
Step 2: Analyze and select popular trends
Hot industries with good profits will attract many traders to invest. This is not fierce competition but an opportunity for you to capture the hottest trend at a certain time. This method is very effective if you use surfing.
Step 3: Find the strongest stocks
After identifying the trend, you should target the industry with the strongest stocks to invest in. This tip helps you maximize profits.
Step 4: Find out when the stock goes up
Surfing will be successful if you find stocks with an upward trend. You need to avoid stocks that are falling sharply because they will take a long time to recover.
Step 5: Place a buy order at the appropriate time
Don’t chase the price or get distracted by your surroundings and place buy orders according to the crowd. What you need to do is observe the market and determine the right time to buy.
Step 6: Wait for the wave to end
Investing is not for the impatient, you need to wait until the end of the wave to make a decision. You should not sell all your assets when the price goes up or if the price is low and still hope to keep the shares. Be alert and wise to have appropriate treatment plans for each stage.
Step 7: Prepare mentally to cut losses
How to play Exness in a surfing style always has potential risks. Therefore, as soon as you start, be ready to cut losses to avoid burning your account if you keep stocks low for too long.
>>>See more: Experts reveal: An extremely effective Exness how to play
How to play short-term on Exness
Unlike surfing, short-term how to play Exness focuses on investing in bonds of less than 1 year. All you need to do is monitor price fluctuations to determine when to invest.
Step 1: Determine the investment object
There are 2 subjects suitable for short-term play. Including traders with deep expertise and investors with relative experience. Short-term trading on Exness is not an ideal land for new traders. Therefore, if you are a new trader but still want to experience short-term trading. Be prepared to lose your assets because of the extremely high risks.
Step 2: Determine how volatile the stock trend is
You need to conduct market analysis and review existing stock codes to predict current trends.
Step 3: Research the financial market
How to play Exness requires users to spend time observing and researching price changes and stock volume. To choose potential stocks to invest in.
Step 4: Build a smart investment strategy
This is also the most important step of the short-term playing method. Traders need to have a smart investment plan. How to gain as much profit and limit losses as possible is a problem.
How to play long term on Exness
Like its name, long-term play. Requires users to have patience to achieve investment efficiency. Requirements for long-term investment strategies also need to be more detailed.
Compared to the above two methods, long-term trading on Exness has outstanding advantages:
- There is no need to monitor the market continuously.
- No pressure on profits or losses at any one time.
- Just use basic analysis tools and make easy trend judgments.
Epilogue
If you have tried many ways to play stocks but have not been successful, please refer to the suggestions above from EX Trading. However, becoming a good Exness trader is not easy in a short time. The more money you want to make, the more effort, assets, and time you have to spend. Exness has been helping many people achieve their goals. With 15 years of establishment and development, Exness is an exchange that helps you realize your desire to become a talented Exness player. Join and learn how to play Exness today. If necessary, please contact our team of experts for advice and support.