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 […]
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 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 […]
In the financial markets, risk-on and risk-off are terms used to describe the sentiment of investors. These terms refer to the level of risk that traders are willing to take on in their trading. Understanding the concepts of risk-on and risk-off is essential for any trader, as it can help them make better trading decisions. […]
When you start trading, it is important to understand two critical concepts – margin and leverage. Understanding these terms will help you make informed decisions while trading and avoid costly mistakes. What is Margin? Margin refers to the amount of money or collateral that a trader needs to deposit in their account to open and […]
Before diving into triangle pattern trading, it is important to understand the different types of trends in the market. In the crypto market, there are two main types of trends: bull and bear trends. Bullish trends indicate that the market is moving in an upward direction, while bearish trends indicate that the market is moving […]
Cryptocurrency trading can be a profitable endeavor. However, it can also be risky, and the volatility of the market makes it difficult for traders to accurately predict the direction of the market. Fortunately, some strategies can help traders to better manage the risk and increase the chances of safety. One such strategy is triangle pattern […]