Table of contents:
- 1 Ethereum Forecast: Ethereum Forecast trading with CFDs
- 1.1 Using Ethereum’s forecast for CFD trading in an optimal way
- 1.2 ETHEREUM FORECAST PRICE: WHY ARE CFDS SO RECOMMENDABLE?
- 1.3 ETHEREUM FORECAST TRADE WITH MARGIN
- 1.4 ACHIEVE PROFITS EVEN WITH LITTLE EQUITY CAPITAL
- 1.5 Ethereum Forecast with CFDs trading using an example
- 1.6 Ethereum Forecast 2030: Are CFDs suitable for a long-term investment horizon?
- 1.7 ETHEREUM PREFER TO LOOK AT IT WITH SHORT-TERM TIMEFRAMES
- 1.8 Ethereum Price Forecast with innovative trading platform
- 1.9 Analyze share price: is the share price rising or falling?
- 1.10 INTRADAY PREFERRED
- 1.11 Trading Strategy: Be well prepared for CFD trading
- 1.12 SWING TRADER WANTS TO BE LEARNED
- 1.13 HEDGING WITH CRYPTO CFDS
- 1.14 TIP: PRACTICE STRATEGY AND ADJUST IT AGAIN AND AGAIN
- 1.15 What does CFD trading cost?
- 1.16 CALCULATE TRADING COSTS ACCURATELY
- 1.17 OTHER POSSIBLE COSTS FOR TRADING ACTIVITIES
- 1.18 Trading tips for optimal action of the Ethereum forecast
- 1.19 KEEP A TRADING JOURNAL
- 1.20 CONTROLLING EMOTIONS
- 1.21 HOW CAN I CONTROL EMOTIONS BETTER?
- 1.22 KEEPING AN EYE ON RISK AND MONEY
- 1.23 PRACTICE AND TEST
- 1.24 LOSE SHYLY WITH THE DEMO ACCOUNT
- 1.25 Risks in CFD trading
- 1.26 OPTIMUM PROTECTION OF EQUITY CAPITAL
- 1.27 DO NOT UNDERESTIMATE THE LEVERAGE EFFECT
- 1.28 Which broker is the right one for me?
- 1.29 Conclusion: Ethereum makes optimal use of forecasting with CFDs
Ethereum Forecast: Ethereum Forecast trading with CFDs
Investors have the chance to use many brokers to create the Ethereum forecast not only with free tools and indicators, but also to trade it optimally. This is made possible by crypto CFDs, which are used flexibly for falling and rising prices. Once the traders have created their Ethereum price forecast, trading is even possible with little equity capital, because thanks to the maximum leverage of 1:2, the equity capital on the market is significantly increased once again. We show how easy it is for traders to use the Ethereum Forecast with CFDs.
- Ethereum Forecast with technical and fundamental analysis made easy
- At Broker, traders can trade the crypto-prediction with CFDs
- Crypto CFDs have maximum leverage of 1:2
- Traders usually do not need a wallet for trading activities of brokers
Using Ethereum’s forecast for CFD trading in an optimal way
A short-term Ethereum forecast, the traders can trade optimally with the contracts for difference at a broker. This also allows the volatility typical for crypto currencies to be used optimally. In order for the Ethereum price forecast to be successful, brokers even have countless indicators and tools available, often free of charge. This makes it much easier for less experienced investors to use the innovative and functional trading platforms to analyze and make an Ethereum forecast, on the basis of which trading decisions for long or short positions can be made.
ETHEREUM FORECAST PRICE: WHY ARE CFDS SO RECOMMENDABLE?
We try to answer the question why contracts for difference can be so optimal for traders despite their level of risk. In this way, interested traders gain more clarity and can at best implement their trading ideas with the flexible investments in CFDs. Unlike securities or other financial instruments, contracts for difference are suitable for almost every market situation. This strength is particularly evident in the volatility of the ETH price. Again and again there are more or less meaningful fluctuations on the crypto-market, which often makes the trading activities of an exchange more difficult. However, the flexible trading possibilities of contracts for differences make it easier for investors to take advantage of even short moments of fluctuation. Contracts for differences are usually only held for a few hours, mostly intraday. This gives traders even better control over their positions and allows them to know at the end of the day exactly what profits and losses they have made.
ETHEREUM FORECAST TRADE WITH MARGIN
Another advantage to trading Ethereum prediction with CFDs is the security and leverage. For example, private traders can trade ETH CFDs with a maximum leverage of 1:2. Professional traders even have the possibility to use a higher leverage after successful registration and confirmation by the broker. If private traders would also like to use this comfort, this is possible in principle, but not with the crypto CFDs. However, if traders decide to trade, for example, crypto stock CFDs, a maximum leverage of 1:5 is available.
ACHIEVE PROFITS EVEN WITH LITTLE EQUITY CAPITAL
Many traders would like to invest in CFDs to make a small income on the side; to generate pocket money through movements in the crypto market. Also, those who, for example, can or want to spend only 50 or 100 Euros for trading activities are welcome at the broker. With the help of leverage, it is even possible for traders to multiply their seemingly small capital on the market and thus achieve higher profits. However, it is also important that the traders are aware that the leverage works on both sides and therefore higher losses can occur. Through the numerous instruments for limiting risk, traders have it in their own hands to limit their losses and protect their equity.
Ethereum Forecast with CFDs trading using an example
To better understand how CFD trading actually works and what opportunities it offers, we will take a closer look at the examples of trading the Ethereum Price Forecast using Contracts for Difference. We would like to buy 1,000 ETH CFDs and trade the price from 214.9-215.0 points. We open the CFD position at the high of 215.0 points. The contract value of the position is thus 2,150 Euro (1,000 x 215.0 points). In order to open the position, we have to deposit a security, the margin. It amounts to 0.1 percent, resulting in an amount of 2.15 Euro. We buy at 215.00 points and sell at 233.30. This results in a difference of 18.3 points. Through our display of 1,000 CFDs we have a gross profit of 183.00 Euros.
Note: Of course, the difference contracts can remain open as a position for more than a few hours or for more than one trading day. However, it is important that the traders take into account the possible fees. How high the trading costs are in this case is revealed by looking at the price/performance list of the brokers. Traders can usually also easily calculate the expenses for trading activities, as many brokers offer a free trading calculator. With its help it is quite simply possible that even less experienced traders can easily calculate the profits or losses and trading costs.
Ethereum Forecast 2030: Are CFDs suitable for a long-term investment horizon?
Traders can take short, medium or long term action with the broker and take advantage of the opportunities in the crypto-market. All that is needed is the optimal financial instrument. While CFDs are suitable for the short and medium-term horizon, we recommend crypto securities for the long-term investment horizon, for example. What if traders want to trade the Ethereum forecast 2030, i.e. the price with several years of foresight? Of course, with the right tools and indicators, a longer-term price forecast is also possible. However, traders should always keep in mind that with a larger timeframe, the reliability of the forecast becomes more fragile. If volatility, which is particularly enormous for crypto currencies, is added to this, the result is a clearly uncertain forecast.
ETHEREUM PREFER TO LOOK AT IT WITH SHORT-TERM TIMEFRAMES
Due to the reliability of the forecast, the quality of which is of course indispensable for trading success, traders should rather use a short-term timeframe for the analysis due to the volatility of the crypto currencies. This makes the statements much more substantiated, which is conducive to risk minimization. Traders who are active in the crypto-market on a long-term basis and would like to trade ETH CFDs, for example, can also do this, but in a detour. There is nothing to be said against traders holding the CFDs, for example, for several days and then re-analyzing the prices afterwards. Then the new Ethereum price forecast can also be used to trade more CFDs. Of course, this procedure requires a little more effort, but the forecasts are much more substantiated, so that the traders act with less risk.
Ethereum Price Forecast with innovative trading platform
Traders can use the Ethereum Forecast for their trading activities especially if they have a solid data base and know how to best perform the analysis. Many brokers offer a special kind of assistance in this respect, through innovative and functional trading platforms. One of them is the well-known Metatrader, which is not only available for the PC but also for mobile devices. He offers the trade with different order types, including the pending order. In addition, traders can easily configure graphical objects and indicators according to their taste and can even display up to four charts in one window on the mobile devices on the iPad. This is especially ideal for investors who want to analyze several crypto quotes at the same time. In addition there are further features which make Metatrader so unique:
- Free financial news
- Push notifications on request
- Large and functional information windows
- Audio notifications
For technical analysis and facilitation of Ethereum’s course forecast, there are many additional features, such as: more than 30 technical indicators, over 24 analytical objects (including lines, channels or geometric figures), various time frames and several chart types. Even less experienced traders can use it to perform the price analysis in an optimal way. If desired, many brokers offer support with knowledge bases and trading tips from the professionals for free.
If the traders want to invest in crypto CFDs, the most important thing is to analyze the prices exactly with regard to the direction. The key question is: is the price rising or falling, is it moving in a sideways trend? The positions are then traded according to the answer. However, it is not always so easy to analyze the price, especially with the volatility in the crypto-market. Supports and resistances offer help in forecasting, although they are no guarantee of success. Of course, traders can have the support and resistance lines drawn in the chart and see if the price breaks through them or simply tests them. To make the forecast more precise, we recommend not to choose the timeframe too far, as the more time window the more imprecise the forecast becomes.
In view of the volatility of the crypto prices, it is recommended to actually trade intraday. This not only allows traders to know at the end of the day what the track record is, but also allows them to dispense with long-term price observation/analysis. Intraday trading is ideal for hobby traders, because they can, for example, analyze the market and open positions before they actually start work. It is also important to build in hedging to limit losses and protect equity. Therefore it is recommended to trade stop loss and take profit positions.
Trading Strategy: Be well prepared for CFD trading
With the help of a trading strategy, traders have a kind of roadmap of how to proceed with their decisions. Depending on the market situation and the risk appetite, the traders can use their elaborated strategy to select the right CFDs or crypto securities, for example. If the traders concentrate on the Ethereum forecast, they can use the following strategies, for example:
- swing trading
In principle, the prices can of course be traded long and short. But that is by no means all. Traders can also open many positions in a row and thus take even small profits. The art of swing trading is to make profits through the number of trades. This form of trading is especially suitable for traders who have time to observe the market and can react at short notice. For working traders who see trading activities with brokers as a hobby, swing trading is only suitable to a limited extent. Furthermore, it offers a higher risk potential, since the analyses are (have to be) carried out quickly and often under time pressure in order not to miss any interesting market opportunity.
SWING TRADER WANTS TO BE LEARNED
Due to its speed and risk level, Swing Trading is particularly suitable for traders who already have some trading experience and can grasp the risk more quickly. If you are new to crypto CFD trading, you may want to shift to less risky strategies, such as hedging.
HEDGING WITH CRYPTO CFDS
There are aggressive trading strategies and those that are protective. One of them is hedging. Traders hedge their traded positions in this way to limit losses. However, no new profits are made. For cautious traders, hedging is therefore recommended primarily to protect their equity. In practice, the opposite position is taken so that, for example, a long position is simultaneously traded with a short position. Traders legitimately assume that one of the two positions will occur in any case. This eliminates the risk of trading, but does not allow new profits to be generated. In extremely volatile market situations, as can often occur with crypto-currencies, hedging has proven to be an effective way of hedging risk.
TIP: PRACTICE STRATEGY AND ADJUST IT AGAIN AND AGAIN
There is no strategy in CFD trading that is 100 percent promising. The trader’s art is to consider and test an investment strategy based on risk appetite, trading experience or equity. On the basis of this information, it is advisable to review the strategic approach again and again and adjust it if necessary. The brokers offer the possibility for this with a free demo account and virtual credit. In this way, even less experienced traders have the opportunity to develop and try out their own strategies without much previous knowledge. Even if the strategy is supposedly wrong and has potential for improvement, no real losses are incurred thanks to the demo account. However, the learning effect from the wrong trading decisions is enormous.
What does CFD trading cost?
For many traders, in addition to the profit opportunities, the cost factor in their trading activities is also a key consideration. This is hardly surprising, since the trader naturally wants to know what trading costs he will have to face and how these affect profits. If traders decide to register with a broker, experience shows that account management is free of charge. Also the provision of an innovative trading platform or other services is often free of charge. Regarding the trading costs, the brokers are in direct competition, so that naturally each provider tries to keep the most attractive cost offer for his investors.
CALCULATE TRADING COSTS ACCURATELY
There is the possibility that the trading costs are not only listed in the price/performance list, but also calculated. Many brokers offer free trading calculators for this purpose, with the help of which the positions can be entered very accurately and the profits and costs can be calculated. One of the free trading calculators is the Ethereum Profit Calculator. It turns out that especially with crypto CFDs, the trading volume is significantly lower than with CFDs with less volume.
OTHER POSSIBLE COSTS FOR TRADING ACTIVITIES
To ensure that traders do not only consider trading costs when opening and closing their positions, they should also consider other possible cost factors. These include:
- Real-time data
- Trading platform
- Certain trading charts
- Trading signals
Not every broker, for example, offers real-time data for free or all the tools and indicators of a trading platform. Although a good and service-oriented broker should provide his investors with as many functions as possible free of charge, experience shows that this is not 100% guaranteed in practice. However, a broker comparison can be supportive to help investors make the right decisions.
Trading tips for optimal action of the Ethereum forecast
Every successful retailer started out once and could not always have enough experience or even a plan in his pocket. However, well-prepared traders know how to use their little experience properly and work on its expansion. There are also numerous trading tips that have proven to be effective and can make trading easier even for less experienced traders.
KEEP A TRADING JOURNAL
The Trading Journal or a Trading Diary is not only an insider tip for less experienced traders, but the records are also used by successful traders. Traders write down in it, either by hand or in an Excel document, which trading procedure they have chosen for which market situation and what result was achieved. With the help of such a journal, the individual trading decisions can be better monitored and later be reviewed more easily. Even from trading mistakes, traders can learn more easily, because in the strict recording, errors are often easier to detect than without a proof.
It is also important for retailers to control their emotions as much as possible. Traders should never act on the basis of a gut feeling or emotionality, such as greed, anger or fear. In trading practice, a certain phenomenon can often be observed: If traders are successful with their Ethereum Forecast and have made their first profits, a feeling of “I can do anything” mentality usually follows. Traders quickly forget that an analysis of the price development is actually necessary to make a trading decision, but they act on impulse.
HOW CAN I CONTROL EMOTIONS BETTER?
In order for traders to have better control over their emotions, we recommend that they move into borderline situations. What do we mean by this? For example, if the traders can use a demo account with a broker for free, it is definitely advisable for the traders to trade there with a lot of virtual credit to feel the feeling of winning and losing for themselves. What such emotions trigger can hardly be described without the real experience or without an experience in this regard. Who exposes himself however consciously to such borderline situations, he knows at least, how he reacts to it and how he can counteract this feeling. This means that traders do not stumble in a new situation and at least know how to deal with it in a controlled way.
KEEPING AN EYE ON RISK AND MONEY
In trading activities it is important that traders never lose sight of the risk and money. The protection of equity should always be the focus for every trader. It is important, especially when trading crypto CFDs, to pay attention to the limitation of losses. Even though the guaranteed take profit and stop loss positions may be a bit more expensive, they fulfill their purpose and actually guarantee investors that the positions will be closed at the desired limit with pinpoint accuracy. In any case, the guaranteed positions are beneficial for controlling equity and minimizing risk.
PRACTICE AND TEST
No trader is born successful yet, instead practice, ambition and diligence are behind it. Every trader who has never traded CFDs before should therefore take the chance with a broker of his choice to start with a free demo account and virtual credit. The demo account offers much more than you might think. The trader not only gets to know the broker in a playful way, but can also try out CFD trading under near-market conditions. The testing of the own trading strategy and its adjustment goes without saying. Often the demo account is even offered parallel to the live account, so that the traders can try out their strategy and, if successful, use it on the live account to generate actual profits.
LOSE SHYLY WITH THE DEMO ACCOUNT
Of course, the crypto-market impresses many investors because of its volatility & opportunities, but this false awe can also prevent promising trades. With the help of the demo account and the virtual balance, the traders can trade the CFDs without risk and see that, for example, the price analysis is perhaps not as difficult as they thought and that the crypto-market always follows a certain trend. If the traders then additionally use the information and advice of professionals, trading becomes even easier.
Tip: Many brokers regularly provide free information events with real trading professionals, where investors can learn a lot. If the traders combine the information provided by the professional successful investors with their demo account, they can deepen their basic theoretical knowledge even more.
Risks in CFD trading
In order for traders to be well prepared for CFD trading, they should not only consider the opportunities and possible profits, but also deal with possible risks. Those who know both in equal measure, will not be surprised by this in practice, can better assess the risk potential. Of course there are many risks, especially when trading CFDs, which are mainly triggered by the volatility on the crypto-market. Despite well-founded price analysis, it is possible that a single news item can cause the market to fluctuate, something that no one had expected before. In the past, it has been shown that, for example, news of hacking attacks led to massive price collapses for Bitcoin and Co. within a very short time. The investors were disconcerted and were afraid, since millions of coins were stolen during these attacks.
OPTIMUM PROTECTION OF EQUITY CAPITAL
Of course the traders have no possibility to hedge against all risks and always have to live with a residual risk. Therefore, it is important to always take losses into account when deciding on the amount of equity. Traders should never trade the full amount of equity in a position, but only a proportionate amount, so that there are still enough funds in the trading account to offset possible losses with new positions.
DO NOT UNDERESTIMATE THE LEVERAGE EFFECT
A further risk exists primarily in the use of the lever. Many traders see in it only the multiplier, forgetting that it can also work in the other direction. Those who underestimate the leverage effect run the risk of a total loss of the position without hedging. It is therefore important that less experienced traders start with a low leverage, for example.
Which broker is the right one for me?
If traders want to trade their Ethereum Forecast with the help of CFDs, it is important to find a suitable broker. There are now countless providers on the market, so the choice is enormous. The question is, which broker is the better one. Since brokers naturally compete for the favor of their investors, experience shows that they offer many services and attractive trading conditions. To separate the wheat from the chaff, a broker comparison is recommended, which is even free of charge. Investors can search for specific criteria, such as
- Extensive CFD offer
- Lowest trading costs
- Many services
- Innovative trading platform
The deposit options and limits also differ considerably. While many brokers make the account capitalization possible with Neteller, Skrill, the credit cards or bank transfer, there are also some brokers, who realize for example a deposit with Bitcoin or PayPal. Who already knows in the apron, which method he prefers for the account capitalization, can select naturally with the broker comparison thereafter completely purposefully. There are still differences with the free training further possibilities. Many brokers offer learning contents, but some even more. In the test it shows up that there are even brokers, who hold ready own Trading academies free of charge approximately around the CFD trade. In addition there are free demo accounts, starting assets in enormous height and much more.
Conclusion: Ethereum makes optimal use of forecasting with CFDs
Ethereum’s price forecast can be used to its best advantage by more and more brokers by means of difference contracts and leverage. All they need to do is register with an account and they can start trading. Those who would like to initially operate under near-market conditions without equity capital simply use the demo accounts provided with numerous brokers. For those who want to make real profits, there is of course an attractive trading account available. Experience shows that there are hardly any limits or special requirements for account capitalization, so that traders can profit from the crypto-market even with low equity capital. Those who opt for the flexible CFDs can even use the leverage of maximum 1:2 to trade the Ethereum Forecast. To ensure that the price analysis is as successful as possible and that traders can make the best possible trading decisions based on it, the brokers even provide attractive indicators and tools, which often come with an innovative free trading platform.