Posts

Showing posts from August, 2022

Take Profit Order an Excellent Tool to Automate Your Trading

The crypto trading market is known for its volatility, creating endless opportunities for buying, selling, and taking profit at the right time. While no one knows any magical formula for timing the market and taking profits out, but there are multiple strategies that a trader can employ to maximize his gains. If you are thinking of taking profits out from your crypto trading, but don’t know how or when to do so because you lack the right strategy, then you should go through this article.   From when to sell out your crypto assets to maximize your gains, to learning how to take out profits is fundamental to your trading success. Take Profit order Crypto trading is a risky option, but placing the right trade orders can make the difference. And, one such order type is the Take Profit Order which helps traders to earn profits while minimizing the risks. This order type is setup to maximize the short-term profits of the traders on their crypto investments.   In this order, a t...

The Best Exit Strategies to Limit the Losses and Protect Gains

In crypto trading, there is a belief among serious crypto traders that if you don’t use stops in your trading, you will soon stop trading. And, this is quite true. Firstly, let’s do some facts checking before moving to stops: What percentage gain would one have to make in order to get even after a loss of 10% on the capital? And, its answer is 11.1% But, what should be after a loss of 30%? Answer will be 43% And, what if you are down 50%? Answer is 100% So, what should one do to protect their capital from such attrition? The answer will be, either cut your losses early or lock in your profits early by making use of stops!While placing any kind of trade, money management is an important aspect that one should consider. Many traders spend hours fine-tuning their entry strategies, but at last, they blow out their accounts taking bad exits due to the lack of exit planning. In fact, most of them are often more likely to take premature profits or run losses. Every investment has ...

Is Crypto Copy Trading is Worth to Avoid Risks?

Many people believe that having a good knowledge of technology and mathematics is the only way to make money in crypto trading sphere. However, the reality is that there are many strategies and helpful advanced tools are available that can help you place successful trades. And, crypto copy trading is one such tool that can make it quite easier to earn money. Let’s understand what is crypto copy trading? Copy trading Copy trading is one of the most profitable trading strategies that allow you to buy and sell crypto automatically. It lets you copy the trades of the most successful and advanced traders, so you need not to spend a lot of time on understanding the market.   The whole concept of crypto copy trading is about identifying successful trades from the expert traders and then mimicking their trades. Unlike regular crypto trading, the copy trading doesn’t focus on the current market trends or attempting those complex trading advanced strategies. Instead, it is automated so...

Crypto Trading Signals - The Right and Expert Way to Trade in 2022

For those who are new to crypto trading, there is no doubt that it could be overwhelming as well as confusing at the same time. But thanks to the crypto signal providers who share their success with other people and help novice traders to make smart investment decisions. How does this work? Let’s assume that the price of Bitcoin increases more and more, and a commercial crypto signal provider explains how to take advantage of this price increase to earn money. The best crypto trading platforms like TrailingCrypto are offering the best crypto trading signals that can open the door to significant returns and boost your trading approach. These signals may also help traders to learn how to stop losses, and set their goals, along with some appropriate points for entering or exiting a trade to maximize profits. Let’s understand about crypto signals now: What are the crypto trading signals? The crypto trading signal service is provided by a group of traders and expert analysts who ...

What Makes BinanceTrading Bots Popular Among Crypto Traders?

Automated trading is quite useful in any crypto exchange, and the reason is quite simple, it needs both attention and efforts from a trader. Additionally, normal order type or tools like stop loss, market orders, stop order, or limit orders are not enough if you want to make potential gains without watching the market trends or watching it overnight. This high volatility of crypto trading market makes it extremely risky to leave an order hanging on Binance when you are not around. And, Binance trading bots are the most effective solution to it as this allows you to create an unlimited amount of orders or strategies automatically and they will be executed instantly as the set conditions are met.The best crypto trading platforms like TrailingCrypto allow their traders to buy and sell cryptocurrencies on Binance, by making use of automated trading bots. Create a bot strategy, or use the one with the preset rule to make potential gains. How to use Binance trading bots? The Binance t...

Why should one use Bitcoin trading bot to earn revenues in crypto sphere?

From working at home to factory floors, and stock trading, automation is the way to the 21 st century. For those interested in crypto trading, making use of crypto trading bots is the best way to automate a profitable trading strategy, and helps traders to make passive incomes. But are these trading bots worth? Of course, yes! There are actually two ways to earn profit from the crypto trading market. Long-term investors buy assets when they are cheap and sell them when their prices increase. On the other side, there are some traders who try to earn profits from the short-term market movements, either up or down. And, automating your trading strategy will let you earn good profits from the short-term market price movements. Crypto trading bots are totally worth in this case. A trader needs to employ a strategy to earn profits more than what they would earn by holding the asset. Different types of trading bots are available in the market for different exchanges. One such bot that is...

BitMEX exchange launches spot trading for its users

It doesn’t matter if you are an experienced trader or just a beginner, choosing the right trading platform is important to make your trades successful. A great trading platform will provide the best and most advanced trading techniques, excellent customer support, and a minimal trading fee, along with many other activities while ensuring maximum security of your data. And, BitMEX is one such exchange that has all the above features in it. This trading platform offers up to 100x leverage to the traders. Recently this exchange has opened its spot exchange that allows users to buy, sell, and trade cryptos via a fully-fledged orderbook. This feature is now live and the spot exchange is delivering a brand-new, intuitive interface and the best trading experience for the traders to buy and sell assets. Before moving further, let’s understand the spot trading: What is spot trading? In the crypto sphere, spot trading refers to buying and selling of the tokens at the spot price or the cu...

Take your Crypto Trading to the Next Level by Using Bracket Orders

If you are an expert trader whose trading strategies have gone towards the more sophisticated side of things, then it’s time that your trade entries and exits require an extra nuance. Isn’t it? In most of the cases, the basic order types may cover all your trade execution needs. But if you really want to fine-tune your trades, a host of advanced order types are available.   The advanced order types fall into two categories i.e. conditional orders and durational orders. Conditional orders mean your order will be fulfilled under specific conditions. On the other side, durational means that the order will take place within a specific timeframe. Anyone can place trades if he has some knowledge about trading, but managing these trades is a difficult task. This is where bracket orders can help you out. Bracket order Bracket orders are conditional orders which are useful in intraday trading. It involves three combined orders in one order. As the name suggests, bracket, these orde...