Because we are conducting real trades, there are many complaints about trading tools! Requests to Click Securities regarding crude oil trading
With OPEC's production cuts confirmed, crude oil prices spiked significantly; recently, however, the effects have faded, and now countries are clashing over the amount of production cuts, causing prices to fall unilaterally.
Additionally, risk-off from the US presidential election has wiped out the gains.
Since price movements became harder to read, oil shifted from buying in 10-share lots to hedging via long/short swings, but the large price ranges have made it difficult to sustain substantial unrealized losses.
So since this downturn, I’ve been rotating from 10-share lots to half-size 5-share lots.
If price swings were wide and volatile, it would have been better to target large profits with 10-share swings, but now when prices rise they rise one-sidedly, and when they fall they drop steeply, causing unrealized losses to grow too large, so reducing to 5-share lots seems to be the right move.
This is how it stands right now.
The buys in the 48–50 range look likely to remain as large-risk positions, but if the rate stays around 40–50, I think I can manage.
“The trading tool is hard to use
So I’ve submitted a request…”
I actively trade crude oil CFDs, but order entry on PC is extremely inconvenient.
If I hold multiple positions and have profit-taking orders set, please indicate which rate each position has a take-profit order at on the position screen. Currently I can only tell whether a take-profit order exists or not.
Also, on the order list, please allow sorting by buy/sell, then by new/orders, and then by rate order... Also, although it has been improved to set a loss-cut rate for existing positions in bulk, please enable bulk loss-cut rate settings for orders as well.
I want GTC (good-till-cancelled) orders, not just 2-week orders.
If the web version cannot support these, please provide a downloadable PC version with the above features.
As the number of positions and orders increases, the current setup becomes too limiting.
I would appreciate it. It is essential for continuing trading in the future. Please improve it.
We will relay this feedback about the CFD web trading screen to the relevant departments and consider it as a task for future service enhancements.
Our company takes customers’ opinions and requests seriously and will strive to provide better services.
▽ Leveraging customer feedback
https://www.click-sec.com/corp/support/voice/
All I received was a curt template response.
If you trade crude oil with Click Securities, you should understand my requests all too well...
Compared to DMM CFD, Click Securities is ahead in terms of costs and margin switching.
If others outside me also submit improvements to Click Securities, they may be willing to work on tool enhancements. Please keep voicing your hopes. Thank you.
Author:Nemu-GonDelivering the truth! “Former financial institution employee’s FX blog” is a comprehensive FX information review site. I have 9 years of FX experience, and I trade Nikkei 225, gold, crude oil, etc.
Blog:Delivering the truth! ‘Former financial institution employee’s FX blog’
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