Market Order vs Limit Order

Categories
Tips, Trading

Key Takeaways A market order executes immediately at the best available price in the market A limit order only executes at the price you specify or better to help protect you from volatility Choosing the right order type depends on your trading goals and risk tolerance TradeXN offers both market and limit orders with no […]

What Are Triple Top and Bottom Patterns in Crypto Trading?

Categories
Crypto, Tips, Trading

In the world of cryptocurrency trading, understanding different technical analysis or technical indicators tools is crucial. Among them, triple top and bottom patterns are two commonly used patterns for predicting price trends in crypto trading. These patterns occur in all markets, including cryptocurrencies. What Is the Triple Bottom Pattern in Crypto? A triple bottom pattern […]

Technical Indicators: Relative Strength Index – RSI

Categories
Technical Indicator, Trading

Ever heard of the Relative Strength Index (RSI)? If you’re into crypto trading, this little gem can make a huge difference! Let’s keep it simple: RSI is an oscillator that measures the speed and change of price movements for an asset or cryptocurrency. It tells you if the asset is overbought or oversold, hinting at […]

What Is a MACD Indicator? (How to Use it in Crypto Trading)

Categories
Technical Indicator, Trading

The Moving Average Convergence Divergence (MACD) indicator is a momentum oscillator widely used in trend-following trading strategies. It consists of two lines: the MACD line and the signal line. When the MACD line crosses above the signal line, it indicates a bullish trend. Unlike most technical indicators that provide single pieces of historical price data, […]

3 Steps to Get Ready for the Next Bull Run

Categories
Technical Indicator, Trading

Crypto bull runs present exciting opportunities for traders and investors to capitalize on the upward momentum and potentially generate substantial gains. To make the most of the next bull run, it’s essential to prepare yourself and develop effective strategies. In this blog, we’ll guide you through three important steps to get ready for the next […]

How to Use Spinning Top Candle Patterns To Identify Trend Reversals

Categories
Risk Management, Tips, Trading

Candlestick charts are popular among traders because they provide a lot of information about price movements. Spinning top candle are one type of candlestick pattern that traders can use to identify potential trend reversals. What Is a Spinning Top Candle? It is a type of candlestick pattern that can indicate indecision in the market. It […]

How to Take Profits in Crypto Trading

Categories
Risk Management, Trading

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 […]

How to Invest in Crypto

Categories
Crypto, Trading

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 […]

Introduction to Pump and Dump Schemes in Cryptocurrency Trading

Categories
Crypto, Forex, Tips, Trading

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 […]

How to Use the Risk/Reward (RR) Ratio – Trading Insights

Categories
Risk Management, Tips, Trading

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 […]

What Is Position Sizing? And how to manage risk?

Categories
Crypto, Forex, Indices, Tips

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 […]

What is Stop-Loss and Stop-Limit Orders

Categories
Commodities, Crypto, Forex, Indices, Risk Management, Trading

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 […]