Trading psychology is one of the toughest things to master in trading. Novice traders must grapple with greed, fear, and plenty of biases that plague their success.
If you have decided to give automation here is deeper look into figuring out the success of strategy underlining your bot’s trading behavior and beyond.
On an exchange you are typically limited to setting one order once the position is open, which can either be a stop loss order or take profit based on the difference between the prices. This lack of options is forcing you to pick: do you want to capture profits or protect your funds in case things go south?
This article shreds light on the difference between the positions, trades and orders. They are interrelated, but slightly differ in how traders use them.
Ever wondered how having multiple options when choosing the size of your position would impact your strategy performance? Good news – it’s…
You’ve seen the expensive car with “BTCMOON” license plates. You’ve caught the headlines about people turning into millionaires overnight by trading cryptocurrencies. You are starting…
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If you are choosing between DeFi and CeFi you need to understand how things work - differences between funds custody and risk to reward are key.
Fair comparrison of most popular technical indicators used for strategy creation and automation. Read full article to find out which strategy wins.