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How to set up simulated trading of OuYi

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Release: 2024-07-31 13:17:01
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How to set up simulated trading of OuYi

How to set up OuYi simulated trading

OuYi simulated trading is a service that allows you to experience the real trading environment without investing real funds. To set up OYI simulated trading, please follow the steps below:

1. Create a demo account

  • Visit OYI official website and register an account.
  • After completing the registration, click on the "Trading" tab at the top of the page.
  • In the “Trading” menu, select “Demo Trading”.
  • Click "Create Demo Account" and select your preferred demo trading market (such as spot or perpetual contracts).
  • Set your initial demo capital (up to 100,000 USDT).

2. Familiar with the trading interface

  • The layout of the simulated trading interface is similar to the real trading interface.
  • The top navigation bar contains different trading features such as charts, order book and trading history.
  • The left sidebar provides market list, trading pair selection and charting tools.
  • The bottom panel contains the order area, account information and transaction settings.

3. Place an order

  • Select the trading pair you want to trade.
  • In the "Order Area", enter your order parameters (quantity, price, type, etc.).
  • Click the "Buy" or "Sell" button to place an order.

4. Manage orders

  • All open orders will be displayed in the "Order Book".
  • You can manage your order by modifying the price or quantity or canceling the order.

5. Other settings

  • In "Trading Settings", you can customize the appearance and functionality of the trading interface, such as chart types, indicators and shortcut keys.
  • You can also set notification settings to receive alerts when prices change or orders are executed.

Tips:

  • Simulated trading funds are virtual and will not affect your real funds.
  • Paper trading helps you practice trading strategies and test different market conditions, but keep in mind that the experience of paper trading may not be the same as real trading.

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