Session 5. How to Trade on DecodeEX (Step-by-Step Guide 2024)

Step 1: The Entrance

• Firstly, you can find the “Market” button in the bottom menu bar. Click on it.

Step 2: Favourites

• On the Market page, you can see trending trading pairs. Select your preferred pairs and add them to your favorites.

Step 3: Market

• You can find more pairs in different categories on the Market page.

Step 4: Trading Page

• Click the trading pair to check the price trends on the chart.

Step 5: Replacement of Pairs

• If you want to check the price trend of other pairs, you don’t need to return to the Market page.
• Just filter the pair at the top of the Trading page.
• Now, you can switch to other pairs on the page.

Step 6: Add to Favourites

• If you are interested in investing in a pair, remember to click the star button to add it to your favorites.

Step 7: Trading Rules

• At the bottom left corner of the page, click on "more" and there is a "Trading rules” button. Click to check the trading rules and settings.

• The trading rules for different pairs are not the same. Please pay attention to the closing time.

Step 8: Trading Settings

• The main function of the trading settings is to provide a second confirmation when you execute a trade.
• This can effectively prevent mistakes during trading.

Step 9: Trade Signals

• Now, let's take a look at a feature that can make your trading easier.

• Select the 7-day trial.

• After subscribing, you can switch on the trading pairs on the Market page.
• Select this trading pair, and you can see that 4 lines have been added to the chart.

• You may not understand these 4 lines. Scroll down, and you can read the note in the "trade signals" section.

Step 10: Account Selection

• This section shows the current trading account. The margin ratio is not displayed when there are no trades.
• After clicking, you can switch between your accounts.

Step 11: Fast Trading

• After selecting an account, let’s take a look at fast trading.
• After clicking “Fast Trading,” you will see a pop-up window with some information and two buttons: BUY and SELL.
• The first is the account selection and margin level we saw in the previous step.
• Set your trading position size.
• Below is the maximum limit for the number of lots.
• Finally, BUY or SELL according to your judgment.

Step 12: Positions

• When you make a trade, the current position will be displayed at the bottom of the page.
• Here, you can see the profit status of your position and execute close position operations.

Step 13: History

• After a successful closure, click the button in the top right corner to view the trading history.
• All your trades will be recorded, including transaction times, profit status, and more.

Step 14: Trading

• Fast trading is relatively simple. Next, let's explore other features of trading.
• Click the candlesticks to expand the currency pair chart.

Step 15: Order Type

• The fast trading we just operated on was market order. Now, let's operate another type of trade: a "limit" order.

Step 16: Limit Order

• After switching to a limit order, you’ll see additional fields for price and order validity on the page.

Step 17: Set Price

• You need to fill in the price at which you want to BUY or SELL in the price input field.

Step 18: TP/SL (Take Profit/Stop Loss)

• Fill in the TP and SL fields. If buying, the take profit must be higher than the open price, and the stop loss must be lower. For selling, it's the opposite.

Step 19: Select Validity Period

• Click to select the validity period.
• If the price does not reach the open price within this period, the order will be automatically canceled.

Step 20: Confirm

• Click “Buy.” After confirming the order details are correct, click “Confirm.”

Step 21: Orders

• You can view and modify the order in current orders.