The article discusses the importance of risk management in cryptocurrency trading and highlights various strategies that traders can use to mitigate risks and protect their investments.
It emphasizes the need for traders to have a clear understanding of their risk tolerance and to set realistic goals for their trades.
The article suggests using techniques such as stop-loss orders, position sizing
The mainstream status of crypto and blockchain has led to an explosion of crypto-related firms. Consequently, this has become a catalyst for the emergence of regulations and policies that are meant to set standards for crypto-related firms. You must have heard that various nations are working on rolling out tax policies or guidelines that will help individuals and firms properly pay taxes on their crypto related revenue.These
I promised an update about the fixes and the AutoTrader that we released today.
The big major updates are an improvement for the BitMEX mechanism.
Stop order is now set upfront before even buying anything in order to avoid a dump in the price ending up buying all of the position but closing only part of it.
In addition, setting the stop and take profit limit order simultaneously in order to cover all cases.
We added an option to add any strategy you would like, both for entry and take profit. You can now go to Configuration Client Strategy > Entry/Take-Profit and then choose the Add Custom.
After saving the custom strategy, you’ll be able to see that next to the other strategy options. click the strategy if you want to activate after creation.
We added a new option under Trades > Open Trades to cancel all trades from a specif