What happens once a trade is open
Three parameters are fixed, and then the platform simply waits.
Understand that after the button is pressed, nothing you do affects the result.
Step 1 of 1
High volatility: the same expiry, an entirely different risk.
High volatility: the same expiry, an entirely different risk.
At the moment of the click the platform fixes three things: the entry price, the expiry time and the amount. After that the trade lives on its own — you cannot change the direction and you cannot move the time.
This is a fundamental difference from classic exchange trading, where a position can be closed early. Here the decision is made once, which is exactly why it has to be well-founded before the press.
- Fixed
- — Entry price, expiry time, amount
- Changeable
- — Nothing
- Affects the result
- — Only the price at expiry
The practical consequence: swings inside the trade do not matter. Price can go against you for 80% of the trade and come back in the last second — the result will be positive.
Which is why watching the chart during a trade is pointless and harmful. You change nothing, but you do manage to wear yourself out and take the next decision emotionally.
Key takeaways
- Once you are in, the parameters of the trade cannot be changed.
- Movement inside the trade does not affect the result.
- Watching the chart during a trade spoils the next decision.
A note from Leon Mercer Academy
Set a timer for the expiry and bring your attention back to the chart only when it goes off. That way you work with the situation rather than with your own pulse.
The usual mistake
Watching every tick and mentally “closing” the trade. It does not change the result and reliably worsens your state before the next entry.
A practical example
Run an experiment on demo: open a five-minute trade and do not look at the chart until expiry.
Then open a second identical one and watch the whole time. Compare not the results but your state before the next decision — the difference will be obvious.
Lesson 1 of 15 in “YOUR FIRST TRADE”