Crypto trading can be a lucrative venture, but it can also be risky. The cryptocurrency market is highly volatile, and prices can fluctuate wildly within a short period. It is therefore important to know how to take profits in crypto trading to minimize losses and maximize gains. What does it mean to take profits in […]
Investing in cryptocurrency can be a very lucrative endeavor. With so many cryptocurrencies to choose from, it can be a daunting task to determine which one to invest in, especially if you are a beginner. How to Invest in Crypto Long Term? When investing in Digital currency for the long term, it is essential to […]
Cryptocurrency trading is a rapidly growing market, but it also carries significant risks. One of these risks is the prevalence of pump and dump schemes, a type of investment fraud that can cause investors to lose significant amounts of money. Understanding Pump and Dump Schemes A Price fixing in Digital currency trading is a type […]
Trading in financial markets is a risky endeavor. However, with the right tools and strategies, you can minimize your risk and maximize your returns. One such tool is the risk/reward (RR) ratio. What Is the Risk/Reward Ratio? The RR ratio is a simple calculation that helps you assess the potential risk and reward of a […]
Position sizing is a critical aspect of trading that helps traders manage their risk and maximize their consistency. It is an essential tool that can make a significant difference in a trader’s performance. What Is Position Sizing? Asset Allocation is the process of determining the number of shares, lots, or contracts to trade while considering […]
Stop-loss and stop-limit orders are important tools for traders to limit their losses and protect their gains. These two types of orders are commonly used in the stock market and other financial markets to help traders manage risk and make more informed investment decisions. What Is A Stop-Loss Order? A Protective sell order is an […]
As cryptocurrency gains more popularity, so does the concept of crypto referrals. If you’re new to the crypto world, you might be wondering what crypto referrals are and why they matter. We’ll provide an in-depth explanation of what crypto referrals are, their benefits, and challenges. TradeXN Referrals as a unique and sustainable way of earning […]
Trading psychology is a crucial element in achieving success as a trader, and it plays an even more important role in the volatile world of Electronic currency trading. Understanding and mastering the psychological aspects of trading is essential to making consistent trading decisions in crypto trading. What is Trading Psychology? Trading psychology is the study […]
Trading Charts are excellent visual aids that help us analyze data and make informed decisions. However, to make these charts more effective, it is essential to understand the direction of the trends, i.e., uptrends and downtrends. Three Directions of Trends Before diving into uptrends and downtrends, let’s first understand the three directions of trends. The […]
Candlestick charts are a popular technical analysis tool used by traders to make informed decisions about buying or selling an asset. One particular candlestick pattern that traders often look out for is the candlestick. We will discuss what a doji candlestick is, how it forms, the different types of doji patterns, and how to trade […]
Are you looking to gain from the volatile cryptocurrency market? Shorting crypto might be a strategy worth thinking about. We’ll discuss what shorting crypto means, why someone would do it, the risks involved, and some tips to help you succeed. What is Shorting Crypto? Shorting crypto is essentially betting that the price of a particular […]
As the world of cryptocurrency continues to grow and evolve, it’s important to understand the different types of markets that exist within it. Two of the most commonly discussed markets are the primary and secondary crypto markets. We will explore what these markets are, how long they last, the benefits and risks of both, and […]