Trading Stock CFDs involves speculating on the price movement of individual stocks without needing to own the actual shares. Most brokers offer access to a variety of stocks from global markets, including popular names like Amazon or Tesla. The first step in trading Stock CFDs is deciding whether to go "long" (buy) or "short" (sell), based on your prediction of where the stock price will go. Going long is for those expecting a rise, while going short is for traders anticipating a drop in price. 

After determining your position, the next step is choosing the size of your trade. In CFD trading, trade sizes are often referred to in "lots," where one lot may represent a single share or multiple shares, depending on your broker. You’ll also need to decide whether to apply leverage. Leverage allows you to control more shares than your initial investment would typically allow. For example, with 5:1 leverage, a $1,000 investment would give you control over $5,000 worth of stock. While leverage can boost your potential returns, it also increases the risk of larger losses, making risk management critical. 

Once the trade is placed, you can track your position on your broker’s platform. As Stock CFD prices reflect the actual stock prices, your profit or loss will depend on the market’s movement. You can close your position at any time, locking in either a profit or a loss based on the price difference between your entry and exit points. Successful CFD trading requires continuous monitoring and adapting strategies to the market’s behavior.