TIPS FOR CRYPTO TRADER

Are you trading in cryptomarket?

FACTOR 1. WHAT KIND OF SUCCESS RATE DO YOU HAVE?

  • The inputs of this system are completely up to the trader, but they are typically rooted in Repeating price patterns,
  • Fundamental observations,
  • Macro trends,
  • Other patterns falling wedge, rising wedge, breakout,
  • Fakeout,
  • Support resistance
  • Trading cycles.
  • Backtesting can be useful here for getting a general idea of whether or not an idea for a trading strategy has borne out to be true over time.

FACTOR 2. HOW ARE YOU AS A TRADER? ARE YOU AN EMOTIONAL TRADER?

FACTOR 3: Every good trading plan outlines risk.

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Chartered Accountant in the Cryptocurrency space evolving with world, Financial Tax advisory, Content writer by choice, Fin-tech, Researcher, Learner!

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Chartered Accountant in the Cryptocurrency space evolving with world, Financial Tax advisory, Content writer by choice, Fin-tech, Researcher, Learner!