Mirror trading is not a trading strategy so much as it is a means of choosing one. Created in the early 2000s for stock exchange markets, it allows a trader to automatically copy strategies of more experienced traders, strategy makers.
Short Strategy in Crypto Trading
Any profit in cryptocurrency trading arises from a price increase or decrease. “Going short” is benefitting from the latter, essentially betting against the currency in hopes that the price will decrease.
Stop loss is a trading tool designed to limit the maximum loss of a trade by automatically liquidating assets once the market price reaches a specified value. There are multiple types of stop loss that can be used in different scenarios depending on
What are Stablecoins (or what they strive to be)?
Stablecoins were created in response to the notorious instability of the cryptocurrency market to provide a reliable coin for buying, selling and storing crypto assets. This is achieved by pegging the coin’s price to a fiat currency or commodity, often in USD.
How to decide what take profit % to set
Take profit percentage specifies how much profit you’ll take from a trade as a percentage of the order value. Setting this not only determines the return from your trade, but also influences the trade’s risk factor and the time taken for the trade to close.