/ Book&Literature / Crypto and Forex Trading
Synopsis
The cryptocurrency market is very dynamic with high volatility. As such algorithmic trading has become an important tool in the hands of traders to efficiently control their risks and resources while benefiting from opportunities which can be exploited using algorithms. The most common goal for algorithmic trading strategies is to generate profits by implementing effective and robust trading algorithm.
The term "algorithmic trading" is also used to describe the algorithmic trading software that is based on a set of rules or instructions for transactions performed automatically, without the necessity of human interference and control. With the development of easy to use trading bot programs, algorithmic trading has become the most profitable way to trade the markets.
This is mainly due to the fact that algorithmic trading systems are designed with parameters, which makes them follow pre-programmed rules to maximize profit and minimize human error. These algorithms can utilize different variables related to market conditions and act on them instantly without human emotions interfering.
In this book, we'll go through some of the most successful algorithmic trading systems that have been used to trade crypto.
In this book we will cover:
How to create and run your own automated trading strategy without coding or spending money
Highly profitable scalping and day trading strategies for trading bitcoin and other cryptos
Secret indicators on TradingView which can greatly increase your profits that no one knows about
Risk management strategies the pros use to always stay profitable
By using these automated trading strategies, you can make trades based on market conditions rather than gut feeling or emotions. In addition, because these systems run 24/7, you need not worry about being glued to a screen all day long.
Simply setup the trades and allow them to make you money while you sleep.
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Thank you for explaining the strategies.😁😁This will be helpful for the beginners ..