How to simulate trading in OuYi

How to use OUYi simulated trading: register an OUYi account and verify it. Switch to "Simulation" mode. Select trading pairs and virtual funds. Place orders and monitor trades. Advantages of paper trading include: Risk-free practice. Try out new features. Develop confidence.

European Yi Simulated Trading Guide

How to use Ouiyi Simulated Trading?

Oyi provides a simulated trading function, allowing users to practice trading without using real funds. Here's how to use OUYi simulated trading:

Step 1: Register for OUYi account

Register for an OUYi account and complete verification.

Step 2: Select the simulated trading mode

In the EuroEasy trading interface, click "Switch Mode" > "Simulation" in the upper left corner.

Step 3: Select trading pair and funds

Select the currency pair you want to trade from the trading pair list. Ouyi provides virtual funds for simulated trading, and you can adjust the amount of funds as needed.

Step 4: Place your order

Place your order like a normal transaction. You can use various order types such as limit, market, or stop orders.

Step 5: Monitor Transactions

After an order is placed, you can check its status in "My Orders". Orders placed in simulated trading are not affected by real market fluctuations.

Advantages of Simulated Trading

Simulated trading offers several advantages:

• Risk-Free Practice: Without the use of real funds, you can practice your trading strategies and learn about market dynamics.
• Try out new features: You can try out new features or trading tools of OUYI before using real funds.
• Develop Confidence: By paper trading, you can build confidence in your trading and reduce anxiety when actually trading.

Notes

There are several key differences between simulated trading and real trading:

• No real risk: You don’t have to worry about losing money due to trading.
• Market Conditions May Vary: Market conditions in simulated trading may differ from the real market, especially during periods of high volatility.
• Emotional Impact: In simulated trading, you may not experience the same emotional impact associated with real trading.

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