The cryptocurrency market has been on fire since last week after the election of Donald Trump as the US president. As unpredictable as the market can be, there are some indicators that can offer the path on which direction the…
In trading, it’s not all about charts and risk management; there’s a crucial element that can cause you to lose money even if you have a solid strategy and manage your risk properly: psychotrading. In a fast-changing and highly volatile…
For all crypto traders, October is the most anticipated month of the year. To give you an idea, over the past nine years, Bitcoin has averaged 23% gains in October. So much so that in the crypto market, October is…
At Bitfunded, we are constantly working to improve your skills as a cryptocurrency trader and facilitate your journey to professionalism. Our goal is simple: to provide you with an expert trading experience. Now, it’s time to announce a series of…
The world of cryptocurrency trading is exciting yet challenging, with market volatility often leading to emotional decision-making. Understanding and managing these emotions is crucial for success. Let’s explore the psychological aspects of trading and strategies to stay level-headed. The Emotional…
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…
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…