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risk management

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Today there are plenty of amazing tools and software that improve trading performance. Third-party developers provide very useful services such as risk management, trading analysis, bots, portfolio rebalancing, and others. To use them you need to grant a third-party program/software certain technical permissions via an API key (Bitinsure is one of them). This API (application programming interface) key is a way various applications interact with each other. Thus, if you are a trader that uses…

When it comes to cryptocurrency trading, we face a self-evident truth that humans aren’t infallible in making money on it. This was the major reason for trading bots to steal the show long ago. Fast, automated, round-the-clock perfect earners! So, you bought this precious bot and get your first $100 a week. Probably your thoughts are “Great! I will be rich. ” However, three-month pass and you end up with a $2,000 loss. You are…

Any trader loses sometimes, be it a newbie or a professional one. That’s just an ironclad rule to understand if you are aimed to earn in the market. But various traders lose in different ways. The reasons for professional traders to lose is really a fascinating issue as these traders are already great market analysts, have a deep understanding of the market and implement a wide range of the strategies they have already tested, while…