CFDHero User Guide
  • Quick Start
  • Quick Start Bots
  • Updates
    • CFDHero V1, Trade Easier
  • Getting started
    • What is a CFD?
    • Paper Trading
    • Backtesting
    • Dashboard
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    • Bots and Deals
    • Bots Processing Priority
    • Bots Marketplace
    • SMS Notifications
  • Bot Settings
    • Strategies
    • Trading Parameters
    • Entry / Exit Conditions
    • Advanced Bots
    • DCA Bots
    • Exit Bot
    • Price Bot
    • Grid Bot
    • Sell Bot
    • Trailing Stoploss
    • Trailing Take Profit
    • Bot's Performance Stats
    • Strategy Designer
  • Technical Indicators
    • Bollinger Band
    • EMA
    • RSI
    • Stoch RSI
    • MACD
    • Volume
    • TradingView
    • Mandatory Indicators
  • Connecting Your Brokerage
    • Supported Brokerages
    • City Index
    • Forex.com
  • FAQ
    • Terminology
    • Frequently Asked Questions
  • Housekeeping
    • Terms of Use
    • CFDHero Telegram
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  • What is a Long strategy
  • What is a Short strategy?
  1. Bot Settings

Strategies

Know your tools to be an effective trader

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Last updated 2 years ago

CFDHero allows users to trade in both bull and bear markets with long and short strategies. Bots supports both directions but each bot is configured to be in one. To trade both directions with the same settings another bot must be used. You may make a copy of a bot and change the strategy to trade an asset in both directions.

What is a Long strategy

Buying an instrument with the native currency (USD for example) expecting that the value of the stock will rise. A profit is made when you sell the stock that has appreciated in price.

What is a Short strategy?

Selling an instrument in anticipation that the price will drop in the future. A profit is made when you buy back the same stock at a lower price.

(Trading the CFD crypto BTC/USD instrument)
(Trading the CFD crypto BTC/USD instrument)