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Showing posts from March, 2022

How Can the Traders Benefit from Trailing Stop and Trailing Take Profit Orders?

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According to a recent report, over 10 crores Indians hold cryptocurrencies and you know, this number may go even higher this season. However, crypto trading is fraught with many kinds of risks, and up-down, the craze of cryptocurrency trading is attracting many of them. In order to get long-term benefits from crypto trading, considering the right strategies and tools can make trading safe and profitable. There are many different types of tools and advanced order types that provide by the best crypto trading platforms which can make crypto trading fun. Deciding an appropriate time to exit any trade is as important as determining the time of entering a position in all types of trading. If you are a pro trader, then your trade entries and exits might require a bit of extra tinge. In many cases, basic order types can cover most of your trade execution needs, but if the order is complex, then there are a host of advanced order types which you may choose to earn better profits. Some of the...

The Ultimate Beginner’s Guide to Finding the Best Crypto Trading Terminal in 2022

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With new technologies and better strategies, the future of the crypto trading market is quite promising. Thanks to the incredible growth in crypto trading, more and more people are looking for the ways to invest in cryptocurrency market. If you are new to crypto trading and want to buy or sell crypto assets, opening an account with one of the best crypto trading terminals is the better option. These platforms work in a similar way to the online brokerage platforms, providing the traders with the best and right set of tools they need to buy or sell cryptocurrencies. Crypto trading terminal When it comes to choosing the right trading platform, it’s better to look at some factors like security, supported cryptocurrencies, payment methods, fees, tools offered, and more. The best crypto trading terminal connects its traders to multiple exchanges through API. With 3 rd party trading terminals, the traders have the access to some additional features which are not available on the exchange...

Why TradingView Webhook is a Powerful Tool for Trade Automation?

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Crypto trading is quite a challenging game as it’s unpredictable. As the crypto market is volatile and prices of cryptocurrencies fluctuate within minutes, the traders need the right strategy and automated tools to take full control of their trades. Crypto trading bots and trading signals play an important role to help traders execute their trades smartly. For traders looking to set the strategy on their own can include notification alerts in their strategies. However, one can’t execute trades consistently in the required time frame. And, this is why trading webhooks came into existence. No matter if you are a beginner or an expert trader; the webhook can execute your trades automatically on almost every trading platform. Now, let’s understand what is webhook? Webhook Webhooks are the automatically configured notifications that transmit information instantly to third-party sites or applications. After initiating the webhook, the HTTP request is formed for the user’s unique URL an...

The Strategies to Maximize your Profits from Crypto Copy Trading

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A few years back, researchers did a study on a group of day traders to find out how many of them are making money consistently. And, do you know what the results are?           More than 95% have lost their money           There were some who earned about $54 per day           But the top traders have earned more than $300 per day You might be among those 95% and odds are against you. Isn’t it? So, what to do now? Is there any way to earn good profits for beginners? Well, the solution is copy trading. Since trading is very difficult, then why don’t you follow the trades of pro traders- without having to figure out the market and strategies on your own. And, this really makes sense! But there are some pitfalls too, so you must play wisely. Copy trading Copy trading is when you follow the trades of other expert traders. This kind of trade simply copies all the trades of expert traders like if the tr...

How Binance Futures Trading in Benefiting the Experienced and Novice Traders?

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Futures trading could be profitable, if a trader understands the market. Most of the traders spend years in trading without even understanding how the market works, and this leads to unsuccessful trading. With years of experience, the pro traders study the market actively and as per their opinion, Futures trading is the best way to earn money in crypto trading. Binance Futures Trading Futures trading offer the unique opportunity to the traders to earn profits regardless of the market’s direction. There are chances that the price fluctuations may either boost their portfolios or can go short. These features have made this kind of trading as one of the most preferred options among crypto enthusiasts. On Binance Futures trading platform, the traders can go long or short with leverage to reduce risks or seek profits in the volatile crypto market. By going long, the trader is buying a futures contract with an expectation that it will rise in value in future. And, conversely by going sh...

Why Choose You Add Trailing Stop Orders in Your Crypto Trading Strategy?

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  Determining the specific risk management tool is the most effective part of a successful trading strategy. Before entering a trade, one must have a firm idea of where to exit the trade. Exiting the trade at the right time is one of the biggest dilemmas that traders face every day. But, there is one such tool which one may use to minimize their risks and maximize their gains. Yes, it is Trailing Stop! This is a dynamic exit order which combines risk management with trade automation. This is an advanced order type which automatically follows your position as the market advances in your favor, and thus, helping to minimize the potential losses.Trailing Stop orders are regarded as one of the most effective crypto trading tools that will allow you to sell after the uptrend runs out of the stream and buy exactly when the downtrend reverses. Trailing Stop order A trailing stop order allows its traders to place a preset order at a specific amount/percentage away from the market price...