Drowdowns: A Vital Part of Your Trading Strategy Every trader aims to avoid losses, but the reality is that hitting the stop-loss and experiencing a losing streak is inevitable. Being prepared for these scenarios is crucial for long-term success. Drawdowns…
Maintain Moderate Risk Per Trade Many traders believe they can double their capital quickly, but taking on too much risk per trade can lead to significant losses if you hit a losing streak. The allure of rapid gains often tempts…
Risk management in crypto trading In cryptocurrency trading, having a winning strategy isn’t enough; without proper risk management, success remains elusive. While many traders attribute their losses to flaws in their trading strategy, the reality often stems from inadequate risk…
It is estimated that more than 90% of traders end up losing money, even though most have some minimum guidelines for taking trades. This is because the key is not in having rules, but in having the correct discipline to…
How to create your Trading Plan? A trading plan serves to organize all the details about your entry and exit strategies for a trade. But that’s not all, as a solid trading plan should also include the psychological and management…
Understanding the Order Book: The Order Book is a crucial tool for every trader, offering a real-time view of all the buy and sell orders for a particular crypto pair at various price levels. Buy orders are displayed in green, and sell orders are…
Imagine you have developed a solid trading strategy, gained experience in risk management, and consistently achieve profitability month after month. However, your trading account is only $1,000. With an account of this size, even if you achieve a 5% monthly…
If you’ve ever dreamed of being a professional trader and operating like a true market whale but don’t have the necessary funds to do so, a proprietary trading firm is what you’re looking for. A prop trading firm is a…
Welcome to Bitfunded, the first prop trading firm that offers challenges to cryptocurrency traders. Through our platform, we provide successful traders the opportunity to obtain demo-funded accounts of up to $200,000 for their operations, allowing them to trade cryptos with Bitfunded’scapital…