Incrementally adding to a CFD position as the price moves in the right direction. .
Most CFD providers recommend the slow and steady approach when entering a trade called “scaling into a position.” So rather than putting the full $10,000 into the initial trade, they recommend placing a small amount in first and then slowly increasing this amount if the trade moves in your favour..
RELATED TERMS
RESOURCES & OFFERS
Free Investing Newsletter on Asian and Australian markets. Be ahead of the curve with TheBull.
Read moreJoin CommSec now and get $600 free brokerage.
Find out more© Copyright The Bull. All rights reserved.