SOFTWARE GOLDSTAR USER MANUAL ON THE JAVA AND WINTRADER BASIS



Login

After clicking on the selected button (Share CFD Trading, Forex Trading, Mini Share Trading, and Mini Forex Trading) for login to your account there will appear this screen:

Close this screen only if you want to stop trading! Don’t close this page if you have open Goldstar trading platform or if it is still loading! Be sure to close this window right after the trading application window is closed in order to avoid possible future system malfunction.

In some cases of the security settings in your computer can appear this window:



Click on the “Always” button. You will prevent from charts´ displaying errors.

The login window will appear and the ICTS system starts:



Write your username and password and click “OK”. The trading system will progressively appear, with the first login the installation of the software Goldstar on the Java basis will automatically be offered to you. This can take few minutes. With the next login it takes usually tens of seconds (according to the internet connection).



This trading software Goldstar offers you unique opportunity to trade CFD (Forex plus indices, futures and stocks) in the one platform. As well as on Forex Trading platform Goldstar, you can add and delete instruments from the “Dealing prices” window to full conformation of your trading style too.

The prices from the “Dealing Prices” window are constantly actualized ad it is possible to open a trade by them. The Goldstar trading platform, this software informs about actual account balance, P&L, about margin, and offers actual charts and news. Current upgrades include the possibility to secure (to enter the opposite position in the same currency without the need to use additional margin or to get out from position).

Important Buttons, Upper Navigation

File - Save Settings *
Change Password
View - Reports
News
Charts
If it is not possible to activate, press the Ctrl+Reports (Charts), you can have blocked pop-up windows. The software Goldstar under the Java and Wintrader Forex – for the initial graphic platform press link Alternate Charts 1 below the chart. 
* dispose the trading platform software according to your requirements.  

Window - setting of required windovs in the trading platform, to activate click on the √

Software Goldstar under the Java and Wintrader program for trading, windows, orders, information

Dealing Prices (Dealing rates – Forex platform) Dealer’s Rates window displays live dealing rates. The dealing rates themselves are not the guarantee of the execution, but they are the actual exchange offer for the realization of bid or ask. The real execution depends on the trading conditions of the exchange, volatility, liquidity and other factors. Orders Sell (Ask) and Buy (Bid) are used for the trading orders´ activation. The following functionality is available on the Dealer’s Rates window:
Market Order (ATM order)
Entry  Stop (GTC order)
Entry Limit (GTC order)

It is always necessary to mark the asset (blue frame). You can add or remove products (shares, indices, or currencies) from the Dealing Prices window.  To add a product, find the Share, Index or Currency you wish to add in the "Reference Prices" window and Right-click on it.  Select "Add into Dealing Rates" from the pop-up menu.


Reference Prices (Instruments – Forex platform) this window displays all price information including the High and Low of the day for each currency and Interest Rate differentials ("Prm Buy" and "Prm Sell"). It is possible to place market orders in the same way as from the “Dealing prices” window. Next data:
Instrument - name of the asset
"Prm Buy %" (Prm Buy $ – Forex platform) and "Prm Sell" indicate the amount, in US Dollars per lot, which will be debited from each open position held past 5PM New York time. It means the charges for overnight holdings. You can calculate them so that you multiple the value of the contract in USD by the defined % and divide 365 (e.g. the value of the lot USD/EUR is 130 000 USD * 0, 0445 (4, 45%) = 5784 USD/year = app. 15, 8 USD per day). If you want to receive plus charges, it is necessary to require the usage of Margin per lot in an amount of 2 000, - USD. Generally these charges in the Money management with regard to the powerful financial leverage do not play significant role.

Margin (Sum D) – for commodities and currencies is set up 500,- USD/lot. For stocks you have to calculate it. It is 2% from the value of the one lot of stocks (it means 2 % from 1 000 items of stocks * current price).

Pip Value – important data. It means price movement per the unit. Loss or profit. Pip can lead from the points, USD values eventually ticks (Forex). Strategic entry for the calculation, Money management and the calculation of the financial effectiveness of the assets!
 
Time – the last actual time of the quotation from the exchange

Account Information – strategic for the Money management!
Balance- the amount of money on the account (sent to the account and from the closed positions)
Equity – current disposable amount of money (if we close all the trades), current situation from all the open and closed positions.
If the Equity > Balance we are making money, it is ok.
UsdMr – Used Margin, used margin deposited to open positions. With the opening of the opposite position (hedging) the margin is zero. If the position is closed by the trader or by the exchange (GTC order, Margin Call) the Used Margin is deposited again to the trader’s account with the exception of the price slippage.
UsblMr – Usablle Margin, disposable Margin. From this active amount is possible to open next positions (buying of other positions)
If the UsblMr fall to the 0, the trader receives so called Margin Call, when the dealer will soon delete some of the losing positions and will transfer the UsdMr (Margin from closed position) into Balance!
Margin Call is the demonstration of the nonprofessional behavior, overtrading of the account and the responsibility of the exchange dealer (the protection of the account before the minus situations)
OP- Open positions – the amount of open positions in the particular asset
Com – commission ( 2,-USD for the Mini Share)
Prm - overnight (the charge for the overnight contract holding)
Net P/L profit and loss in USD (EUR)


Trader’s Orders – the windows where are recorded accepted orders, until they are not activated to the open position.

AcctID – Your ID
OrdrID – the number of your order
Instrument - the name of the asset
Lot – the number of lots
B/S - Buy or Sell
Rate – planned entry to the position (order Entry Stop (ESO), Entry Limit (ELO))
TrailID – the possibility to set up the change of planned entry to the position (Distance), used only sometimes 
Stop, Limit - the possibility top set up of the secure Limit or Stop order straightly to the order

Changes – clicking on the asset in the Trader’s order (blue frame) is possible to change the parameters of the order – amount, Entry place (price), Stop, Limit (orders Submit – send, Remove – delete the order, Cancel – close)
  
Open positions – open positions, overview and data
Acct ID – your ID
Ticket – the number of the action
Instrument- the name of the asset
Lot – number of lots
B/S - Buy or Sell action
Close – current exchange price
Spread – the difference between Sell and Buy, financial = number of ticks * Pip value, the only one exchange charge.
TrailID, Stop, Limit – market orders for securing the position (Submit – confirmation of the order, Remove – deletion of the order, Cancel – no action, close the window)
P/L – current asset movement * number of lots
Net P/L – the same in USD, current profit or loss

Changes – mark the asset, right or left click on the data. Possibilities – Stop, Limit, Trailing Stop, Close position, Hedge position.

Trading orders - The realization (execution) always has to reflect the actual exchange situation (Open, volatility, liquidity, the nearest realized positions, the sequence of the orders).
Guaranteed S, L orders are only at the Forex, if the y are placed in the exchange at least 1 minut before the rpice movement. In the CFDs reality the system of the bid and asks is functioning with the possibility of the price slippage, but the best possible price fulfillment.
It is necessary to now the differences between CFDs and Forex and real market conditions with particular assets!

ATM orders, opening and closing of the positions for the current price (ATM) – are similar as classic ATM orders at the exchange
MO – Market Order
CP – Close Position
HP – Hedge Position, are similar but we do not recommend using them.

GTC orders for opening and closing the positions, GTC orders, they are realized when the price reach planned level, they are done according to the real market conditions CFDs and Forex
ESO – Entry Stop Order (in the price movement direction)
ELO – Entry Limit Order
TS, Stop, Limit – GTC orders, they are used to secure and protect open positions at the defined price levels. From the view of the fulfillment the orders are of high-priority (they are at the exchange earlier than MO, CP, HP).
Margin Call – is involuntary leaving of the position, done by the exchange dealer in the time, when the Usbl Mr gets to the null. We can say “market order” which protects the account level from the minus (protection of the client and exchange as well).

Execution of the trading orders and their fulfillment
In the Live trading will the fulfillment of your trading order takes longer time according to the current trading conditions with the chosen asset at the exchange. The execution is influenced by the liquidity, ask and bid situation, price volatility, trading time, trading situation (during the trading break, trading activity etc.) In the frame of CFDs assets it is necessary to count with possible price slippage in the fulfillment. If the trading order can’t be realized for your required price, the system or the exchange dealer will offer you other price, the best current possible price. It is up to you what you will accept. Clicking on the “confirmed or entered” order to the exchange please study properly if you want to activate the trading order in such parameters (thy type of the asset, number of lots and particularly the actual price for the execution of the action, which can differs from current fixed prices (quotation Sell and Buy) sometimes quite markedly. Everything you click on must be the result of the attentive and well-considered action. It is not possible to complain about wrong market orders. Your trading is the result of your free behavior and decision-making process.

Demo and Live trading are the same in the principles (price movement is the same everywhere at the exchanges). But they can significantly differ in the realization of the trading orders for trading on the basis of the real conditions at the various exchanges and thus of particular assets. The results of Demo and Live trading can be influenced by the non-acquaintance and wrong appreciation of the situation during the setting and realization of the trading orders with possible impact on the emotional behavior of the trader.

Charts - the possibility of access from the web sites or from the Online platform. The activation is possible in the Java program or software Windows Wintrader.

Ctrl+Charts = activation
1.) With logging the window is not active
2.) Activation – the yellow file (click) , or File – Open Chart
3.) Open Chart – choose the asset (Symbol), Time Scale, the selection charts or data (Data Source)
4.) It is possible to have more charts in one window, change positions, scales, types of charts etc.
5.) File – Add Workspace, Remove Workspace and Print Current Chart, there is possible to add or delete workspace, print actual displayed charts
6.) Chart Type – line, candlesticks, bar
7.) Studies – different types of studies and indicators
8.) Active windows for drawing and working with charts     


   

© 2001-2008 www.forex-cfds.com, All rights reserved

SEO administrator