How To Make Money Fast: Plus500 Tutorial

The video above is brought to you by Andy Mallow of shares500.com. In the video, Andy shows us how to trade at Plus500. He claims, that it is easy as well as there is no hidden fees and commissions. Plus 500 is compensated for the company's services by way of the bid/ask spread.

The buy/sell prices of all instruments are found at the software's main lobby. In an event you enter an order to buy an instrument, the software's trading platform allows you to add a stop loss, profit limit or trailing stop in order to secure your profits and position. 

Each instrument's trading hours is found on the trading platform below the details link of every instrument. 

Here is a Trading example presented by Andy Mallow:

You signed up and deposited $5,000 via MoneyBookers. Balance: $5000. (Deposits - Withdraws + P&L of closed positions) P&L = $0. (Total profit and loss of all open positions including daily premiums) Available Balance: $5000. (Balance + P&L of open positions - Initial Margins) Equity: $5000. (Balance + P&L of open positions).

You think that Google shares will fall soon, and decide to go 'Short' on Google.

5:07pm - you click 'Short' beside the 'Google' stock in the main lobby, the sell price is $290.

Your criteria are:

Number of Shares (CFDs): 100
Close at profit rate: $280 (profit will be 100*$10=$1000)
Close at loss rate: $310 (loss will be 100*$20=$2000)
The total amount you sold short are: 100*$290 = $29,000.
The Initial Margin that is needed for the Google shares is 10%: $2900.

The Maintenance Margin that is needed to maintain Google's position is 5%: $1450.

Your position is now: Balance: $5000 P&L = 0 (usually the spread of Google is 50 cents so you would have a P&L of -$50) Available Balance after you sold Google is: $2,100. ($5000 - 10%*$29,000 = $2,100) 'Equity': $5,000 ($5000 + $0)

9:05pm - Google climbs to $300. Balance: $5000 P&L: -$1000 (100*$290 - 100*$300) Available Balance: $1100 ($5000 - 10%*$29,000 -$1000= $1100) Equity: $4000 ($5000 - $1000)
You decide to cut your losses and buy Google - you press 'Close Position' in the main lobby (near your open position).

9:05pm - your market buy executes at $300. You lost $1,000 on the trade. Balance: $4000 P&L: 0 (no open positions) Available Balance: $4000 Equity: $4000

If you wish to learn other methods on how to make money fast, then go to Big Money Vault.