Traders predict a range in which the CFD has been trading over a period of time and place orders within the same range. The range is always between a level at which the falling prices stop falling and start increasing and a level at which the rising prices stop rising and start falling. A Contract For Difference (CFD) is a contract between a buyer or trader and a seller or broker. The contract states that the buyer needs to pay the difference between the asset’s opening and the closing price when the contract is settled. For a certain amount in their trading account, one can trade positions that are in multiples of that amount. Having a Cent Account helps traders to learn and become successful traders.