{"id":33770,"date":"2018-09-01T07:43:09","date_gmt":"2018-09-01T11:43:09","guid":{"rendered":"http:\/\/www.opensource.im\/uncategorized\/trading-examples-i-cryptocurrency-i-learn-cmc-markets.php"},"modified":"2018-09-01T07:43:09","modified_gmt":"2018-09-01T11:43:09","slug":"trading-examples-i-cryptocurrency-i-learn-cmc-markets","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/trading-examples-i-cryptocurrency-i-learn-cmc-markets.php","title":{"rendered":"Trading examples I Cryptocurrency I Learn| CMC Markets"},"content":{"rendered":"<p><p>CFD trading example: Sell Ethereum\/USD<\/p>\n<p>You are interested in trading ethereum and decide to open a short CFD trade by selling ethereum against the US dollar (Ethereum\/USD).<\/p>\n<p>The current sell\/buy quote is 929 \/ 949.<\/p>\n<p>You believe the value of ethereum will fall against the US dollar, and therefore open a sell CFD position, selling 5 units to open at 929.<\/p>\n<p>This is the equivalent of selling 5 ether tokens, so you will gain or lose $5 for every $1 change in the value of ethereum.<\/p>\n<p>Profitable tradeThe value of ethereum falls against the US dollar, and the new price quote is 750 \/ 770. You decide to take your profit, and buy 5 units to close your position at 770.<\/p>\n<p>The price has moved 159 points in your favour, so your profit on the trade is therefore$795 (159 X $5).<\/p>\n<p>Losing tradeThe value of ethereum rises against the US dollar and the new price quote is 1068 \/ 1088. You decide to close your position and therefore buy 5 units at 1088 to prevent any further losses.<\/p>\n<p>The price has moved 159 points against you and your loss on the trade is therefore$795 (159 X $5).<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the article here:<br \/>\n<a target=\"_blank\" href=\"https:\/\/www.cmcmarkets.com\/en-au\/what-are-cryptocurrencies\/cryptocurrency-examples\" title=\"Trading examples I Cryptocurrency I Learn| CMC Markets\">Trading examples I Cryptocurrency I Learn| CMC Markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> CFD trading example: Sell Ethereum\/USD You are interested in trading ethereum and decide to open a short CFD trade by selling ethereum against the US dollar (Ethereum\/USD). The current sell\/buy quote is 929 \/ 949<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-33770","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/33770"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=33770"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/33770\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=33770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=33770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=33770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}