♫ Background Music ♫
Narrator: In this video, we will show you how to navigate around our web trading platform: Questrade Trading.
To start please log in to your Questrade account on a web browser.
To access the trading platform, simply click the Accounts button here, then select the Trading
button with the lightning bolt. This is the web trading platform that you can access through a
web browser on any device. Let's go through some important features before you start trading.
At the top of the page here, you can see which account you're currently trading on.
If you have multiple Questrade accounts, this area allows you to easily switch between them.
The navigation bar on the left allows you to quickly switch between the different pages in the
trading platform. You're currently on the account page which is also your home page for the platform.
It is very easy to switch from your balances, which we're currently viewing,
to your positions, any orders you've placed that haven't yet been filled,
executions on your orders, and any other account activity that has happened on this account.
For your main balances page, here are some of the important areas to pay attention to.
You can see your total open profit and loss or P&L for your account here at the top, and your daily
P&L next to it as well. Total P&L is the total unrealized profit or loss for open positions
in your account, and daily P&L is today's unrealized profit or loss for open positions
in your account. Below this you can switch between your current and start of day balances.
These columns here show both your Canadian $ and U.S $ balances and the approximate balance
if you were to convert to a single currency. let's take the CAD column as an example, here
total equity combines your Canadian cash, plus the market value of your Canadian listed securities.
Cash shows the amount of liquid Canadian cash in the account, 'All in CAD' calculates your CAD$
and USD$ cash balances to show you the combined value of your cash as if it were all converted
to Canadian currency. This figure is just an estimate, the same also applies to US$ balances.
At the very bottom we can see the closed P&L for this specific account
which represents the realized profit and loss figures in your account. This includes
closed positions during the current day and realized P&L values for positions you still hold.
You can also see any open or closed daily orders that you may have placed. Orders that have not been
executed yet are called open orders, and ones which have been executed will show up as closed orders.
Before we teach you how to place your first trades,
let's quickly go over some of the important pages here in the platform.
The watchlist page shown over here will allow you to view any of our public watch lists as
well as customize your own to stay on top of any market movements you're interested in following.
To create your own watch list click the three small dots here,
then manage watch lists, and you can add your own watch list by clicking the plus button.
One other function we also wanted to share with you is the 'Edit Columns' button.
This feature allows you to customize the columns in your watch list.
This is useful if you want to add more columns such as dividend information,
yearly highs and lows, and any of the 'Greeks' for options trading. The edit columns button will
appear on many other pages throughout the platform allowing you to customize in more ways.
We hope you found this video helpful! If you're looking for more information about your Questrade account
we have many other videos to help you get familiar with your account and the platform.