What is CFD trading and how does it work?
Hello Steem Alliance Community |
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Hello My Steemain Friends ,
Dear friends, I am @aviral123 from India. How are you all, I hope you all are well. I am fine too . Today I am sharing my post with you in this community. Hope you all will like my post. Today I will share with you "What is CFD trading and how does it work?. I want to share my thoughts about this with you all. let's start
First of all let us understand what CFD is. CFDs allow a user to speculate on a variety of financial markets including stocks, indices, and forex, commodity pairs. A CFD is a contract between a broker and a trader agreeing to exchange the difference in the value of the underlying security between the start and end of either contract, often in less than a day. .
Contracts for Difference (CFDs) allow users to trade using only a fraction of the value of their trades. Which is also called trading on margin. This allows traders to open larger positions than their initial capital invested in the trade would otherwise allow. CFD trading is therefore helpful in providing greater exposure to global financial markets.
An important advantage of CFD trading is that you can predict price movements of any asset in the market. Accordingly, users buy or sell contracts. When you believe the price of an asset will rise or fall.
How does CFD trading work?
When opening a contracts for difference (CFD) position, select the number of contracts (trade size) you wish to buy or sell. If the market moves in your favor then there is an increase in profit and on the contrary, if the market moves against you then there is a risk of loss.
Purchase
When an investor fears an increase in the price of an asset, he wants to make more profit by purchasing that asset in larger quantities. And if his guess proves wrong then he may have to bear the risk of loss.
Sell
If an investor feels that the price of an asset is going to fall then he creates a short selling market for it and if this prediction proves to be correct then an investor gets profit and if this prediction is wrong then If it turns out, they will have to face a situation of loss.
For example, when the price of gold is expected to increase in the market, people invest in gold assets and if this estimate is proved correct and the price of gold increases, then investors get huge profits. Is.
What is CFD spread?
The buying price of any asset is always higher than its underlying value and the selling price is always lower. The difference between prices is called the CFD spread. Capital.com does not charge CFD commissions for opening or closing trades.
Conclusion
Thus we understood that CFD trades have no fixed expiry date, which means that the length of the CFD contract is unlimited. In CFD trading, an asset is bought in a larger or smaller market size by estimating the fluctuations in the market price of any asset. If the estimates turn out to be correct then a situation of profit arises, on the contrary, risk may also have to be taken.
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Hello @aviral123,
Please make your post topic unique and do not copy what others have made.
Your post topic is very similar to this made by another user in our community, please be warned.
Link to user post:
https://steemit.com/hive-150122/@lhorgic/understanding-cfd
https://steemit.com/hive-150122/@lhorgic/cfd-trading-pros-and-cons
Cc
@alsarzilsiam
The reason she denied it in her reply is because the original article was here - https://capital.com/en-gb/ways-to-trade/cfd-trading/what-is-cfd-trading - it's simply coincidence that other articles were similar.
It's not identical because she did enough to pass an automatic plagiarism check. The recently caught @moyeon is this user's niece. Coincidence? I do love a coincidence.
I also find it strange that she left the original author's web address in. She was probably in a hurry.
The original:
I've highlighted 1 paragraph in this comment - you'll see the plagiarism in the "What are CFDs?" and "How does CFD trading work? " sections if you care to look.
This isn't the first time @aviral123 has taken this approach and given the number of crypto posts she's written, she'll know that a confession to consistent plagiarism is her best option right about now. Or I can keep going?
Notice to community admins who trust this user:
@steemwatcher.com, @steemcurator01, @bountyking5, @nusuranur, @patjewell, @jyoti-thelight, @deepak94, @max-pro, @solaymann
Thank you for bringing this under our attention and also for the "chats" we had yesterday.
We've already taken action.
It is a pity that someone with so much potential and who is so hardworking on this platform failed the system.
I am sure she has learned a valuable lesson.
I believe there’s genuine remorse and that sh e’ll bounce back.
If the admin/mod of the any community continues to abuse like this, what will the users do! That's really annoying.
"Does Power Corrupt, Or Are The Corrupted More Apt To Seek Power?"
Greetings to all the respected ones 🙏,
First of all, I would like to say that I respect this platform a lot and I like working in all communities.
It was not my intention at all that I could get any advantage from here.
I accept my mistake that if I have made any mistake knowingly or unknowingly, then please forgive me. And I hope that this matter is settled here and in future I will never repeat such a mistake again and this matter is put to rest here. And I hope that I am given a chance once again to correct my mistakes and prove myself here.
Respected Sir, you punished me for my first mistake. I was not given a chance to present my point of view. I was not given a single chance here and my curation was directly turned off.
Well, mistakes are a part of life. Even if I was warned, I would have taken that warning very seriously. In the end, I will say that I hope that you will give me a chance.
Thank you!
I am impressed by your reply.
Phrases like "knowingly or unknowingly" leave plenty of ambiguity for you to own responsibility for your actions and at the same absolve yourself of responsibility - that it's all "complete unintentional mistake".
"you punished me for my first mistake" suggests that this is the first time you've plagiarised (knowingly or unknowingly) rather than the fact that this is merely the first time your plagiarism has been highlighted - ignoring the fact that there are plenty of other articles that you'll also be aware of.
Surely you have warned others of plagiarism and the consequences that accompany it? As a moderator in multiple communities (some of which are highly respected), do you need a warning? It always surprises me how often a person in a position of responsibility thinks that a warning is required.
A contradiction, non? You would like your plagiarism to be curated without any advantage?
You were tagged specifically for the purpose of presenting your point of view. So rather than pass up the opportunity, I explicitly invite you to share it.
Well, again so sorry. I do not want to stretch this matter. I am accepting my mistake. I will never ever commit this type of mistake again. It's really my promise. Sir please understand my situation, I am accepting it. Please do not strech this so much. If I will be finding doing this again, then definitely you will take actions. But not now. Please show some sort of humanity towards me. I will be really very obliged to you.
Apart from this, please also see my hardwork on the platform. I will never write on those topics in which I don't have a proper knowledge.
@steemcurator01
Thanks brother for knocking us. we are paying attention on this issue. It is serious issue, i am looking into it.
As such, we did not expect anything from her, and we will take appropriate action against this complaint in our community shortly.
What action you will take against this user ? We will wait for your community decision on this metter.
Greetings to you sir,
My friend, I always try to write something unique. Yes, it there may be some chances that our posts are matching but seriously I am telling you that there was no intention of doing this. Yes, there can be some things which are similar but I didn't even see the user's post.
I am here since many days. I always publish unique topics and content. Well, there is a co- incidence in my point of view as I didn't read the user's post.
I also checked plagiarism and it was plagiarism free. Well, its a part of steemit, no problems, we have to move ahead together
I will definitely take it into consideration. Hope you understand my point of view.
Thank you sir ❤️🙏
This is so because you fail to read and engage with other users in the community.
When you engage with other users, you will get to know topics that have been written on!
Please increase your engagement in the community for your support to be increased too
Sure sir
Note It.
It's good that you brought such a plagiarized article to our attention, but it is important to understand their side of the story before taking any action.
In my opinion, some users may not be fully aware of the topic and initially read articles from other sources. They might create their own blog by referencing these sources, which can lead to plagiarism being found in their posts.
To address this, users should include reference links to the original blog where they used as a source.
This platform is a center for learning for everyone. If such incidents tarnish the platform's image, we should not delay in taking necessary action.
I can't understand. If an article is already published, then why publish the same article on the same topic again? This community is just for moderators to share their thoughts about Steemit and crypto and also promote its growth. However, I sense that users are posting articles for reward farming.
@Steemwatcher.com team will look into it.