Hey, traders! The market is bullish now and let's talk about how we can improve our results in all cycles of the market. There are several factors that can enhance your trading results: your system, psychology, risk management, hobbies, the right environment, and healthy habits. Working on these variables will undoubtedly bring you closer to your trading...
Hi, traders! I've been thinking about choosing the right AI-powered cryptocurrency trading bot or a crypto platforms, and it can be a bit of a head-scratcher. I mean, there are so many factors to make an informed decision and I think that is good to let you know with my thoughts on it First and foremost, I've realized that it all starts with defining my trading...
Hello, traders! The past week brought some fascinating developments, and I've decided to share my insights and pose a question regarding the recent news. Let's start. In the world of futures ETFs, these financial instruments offer investors the chance to speculate on the price movements of assets like oil or Bitcoin, all without having to possess the underlying...
Hello, traders! Today, I'd like to explain how pumps work in the crypto world I distinguish between two main types: Fake Pumps: These orchestrated pumps involve artificially inflating the price through the actions of a group of individuals or entities. They typically rely on coordinated buying to drive up the price. Natural Trends: These are price trends that...
Hello, fellow traders! Today, let's dive into the world of backtesting. But first, what exactly is backtesting, and why should you care? Backtesting stands as one of the fundamental pillars of any trading system. This process involves testing your trading strategies against historical data to determine whether they stand the test of time. Additionally,...
Hi, traders! Today I would like to talk about how we can accumulate our coins with algo trading. What is a Buy the deep bot? The BTD bot is your go-to tool for buying more coins at lower prices during market dips, helping you grow your coin collection and profit when the market rebounds. And now, with the newly improved BTD, starting your bot is as easy as...
Hello, friends! I'd like to discuss with you the situation of our failures in trading. What causes them and what to do about them in the future: 1) Traders that go into the market don't accept the risk they are putting on when they get into a trade. Traders who trade based on their PnL and not their strategies. Traders who are afraid to take a loss and see red in...
Hey, folks! Today I want to give you a few coins that could rise in September. Let's check it! Solana Solana, often called the "Ethereum killer," is a blockchain that's got a lot in common with Ethereum. You can snag SOL tokens on most major exchanges, but the real juice is in using them for transactions on the Solana network, which packs some unique...
Hey, traders! Last week, I received a few messages from traders who didn’t understand how to enter with the DCA bot, and I decided to write a summary about it. Determining the ideal moment to launch a DCA Bot concerning a crypto coin movement in a range calls for a well-thought-out strategy. Your decision essentially hinges on your expectations of the crypto...
The Moving Average (MA) is a widely used tool in various markets. In simple words, Moving Averages (MA) are extra lines on the price chart of an asset. They look similar to the price chart but appear slightly delayed and smoother, without the ups and downs. Moving Averages in Crypto. Crypto and Moving Averages In the world of cryptocurrency, we pay close...
Hello, traders! I've set aside some time today to address the questions you've sent me via DM. Let's get started! What settings should I use? Find the middle ground – not excessively tight, not much loose. Set your upper and lower limits at about 5% above and below the current market price. This approach ensures you stay comfortably distant from triggering...
Hello everyone! Today, I'd like to share some insights on how NOT to approach trading and thoughts on how to do it right. This short article was prompted by a memory from 2018, a time when the market experienced significant drops. Don't buy into price drops without understanding where the last short or areas of interest will be. 1.Trade possibilities and...
Hello, traders! We will talk about the popular strategy GRID bot. What is about Grid strategy? I am well-acquainted with grid trading. The concept involves placing orders both above and below a specific price using a "price grid" for orders. This grid consists of orders set at gradually increasing and decreasing prices. When I start to use a grid bot strategy,...
Hello, traders! Today, I would like to talk about indicators and how you can utilize it in your trading journey. On Balance Volume The indicator is calculated cumulatively – the current value is determined as the sum of volumes over previous and current periods of the price chart. The sign is taken into account during summation: if the price increases during...
Today, I would like to share my brief thoughts on Bitcoin and discuss the technical details present in the current market. Let's get started. Technical Insights: We have a support zone at 28.8k$ and a resistance zone at 30k$. Let's consider a couple of setups for different scenarios: Scenario One: Liquidity zone from the local minimum at 28800, rtrade with...
Hey there, folks! Today, I'm gonna talk about how you can use trading volume to make your trading strategy even better. Previous article you can check by this link: How can trading volume influence your trades? The Momentum Rule: When there's a substantial volume during an upward trend, it will indicate that the next move could potentially continue in the...
Hey there, fellow traders! Today, let's dive into the fascinating world of cryptocurrency trading volume. Think of it as our market's fluctuations – a constant flow of transactions across various exchanges. The trend is your friend and the volume is your vision of trading. What's Cryptocurrency Trading Volume? Imagine this: as you sip your morning coffee,...
Hello Traders! Today we will discuss trend lines and how to use them in trading. Let’s talk about it! You can find the previous article by following this link: Trend Lines: What are They? Here is the chart for an example. There are 3 points we can reference and formulate a strategy for entry. Now, let's explore a scenario with a descending timeframe. We...