Welcome to Levels! This guide will walk you through choosing your initial pip target, navigating the trading interface, placing your first trade, and utilizing additional platform features. Whether you’re new to trading or just new to Levels, these steps will help you get started on the right foot.
Step 1: Initial Setup
Choose Your Target
- Log into your account and head to your dashboard.
- Click the “View” button to see available targets.
- Select your pip target for Level 1 (e.g., 20 pips).
- Starting with 20 pips means you need to bank 20 pips to advance to the next level.
- You’ll receive half of your target pips to start trading.
Pro Tip: Banking pips is how you measure progress. If you lose all your pips at Level 1, you must start a new challenge.
Step 2: Navigate the Trading Interface
Once you’ve chosen your target, explore the trading tools and data provided on the platform:
- Trading Charts
- TradingView-style charts with a suite of technical analysis tools.
- Right-Side Dashboard
- Current Level: Your current step in the Levels challenge.
- Banked Pips: Total pips secured so far.
- Available Pips: Pips you can currently risk on a trade.
- Pips at Risk: How many pips are at stake in an open trade.
- Level Up/Down Requirements: Shows progress for advancing or dropping levels.
Step 3: Execute Your Trade
Order Setup
- Select Buy or Sell based on your market analysis.
- Choose Market or Pending Order depending on your strategy.
- Set Your Stop Loss (SL) to manage risk.
- Set Your Take Profit (TP) to lock in gains.
- Click Submit to finalize and place the order.
Monitor your available pips throughout the trade and determine how much risk you can take.
Important Trading Tips
- Keep Track of Your Progress
- Use the history tab to review performance and see how close you are to leveling up.
- Start with Smaller Targets
- If you’re new to the platform, choosing smaller pip targets can help you get comfortable before taking on bigger goals.
- Stay Aware of Risks
- Losing all your pips at Level 1 means you’ll have to start a new challenge.
Additional Features
Account Settings
- Public/Private Trading: Toggle your profile visibility.
- Asset Selection: Choose which instruments (forex pairs, etc.) appear on your dashboard.
- Chart Appearance: Customize chart themes, colors, and indicators.
- Trade Notifications: Set alerts for specific price levels, SL hits, or TP triggers.
Trade History
- View Past Trades: Access entries, exits, and outcomes of all previous trades.
- Win/Loss Ratio: Track your overall trading performance.
- Profit Targets: Monitor how close you are to reaching your goals at each level.
Conclusion
By following these steps, choosing your target, familiarizing yourself with the interface, and placing your trades wisely, you’ll be on your way to success on the Levels platform. Don’t forget to take advantage of the additional features and tips to refine your strategy as you progress through the levels. Happy trading!
