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 […]
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. […]
The Best Momentum Trading Strategies
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Momentum trading is a popular trading strategy that focuses on buying assets that have shown strong performance in the recent past and selling those that have been underperforming. The idea behind this approach is that assets that have shown positive momentum in the past are more likely to continue their upward trend in the future. […]
Cryptocurrency has become a buzzword in the world of finance, and for a good reason. It is a decentralized digital currency that uses cryptography for security and operates independently of central banks. The market is flooded with different types of crypto, and among them, inflationary and deflationary digital currencies are two popular terms that you […]
At TradeXN, we understand the importance of user protection and have put together this guide to help you safeguard your digital assets. We recognize that the online world can be a dangerous place, and it’s essential to take proactive measures to ensure that you are protected against potential threats. We’ll be discussing the best practices […]
As the world becomes increasingly digital, the use of cryptocurrencies has grown exponentially in recent years. With this growth, however, comes an increased risk of scams and fraud. It is crucial for investors to be aware of these risks and to take the necessary precautions to protect themselves. At TradeXN , we are committed to […]
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 […]