Introduction
Cryptocurrency market is highly volatile which tends to behave sudden price swing and exaggerated market volumes. The profitability of trading is so slim, that is why most of crypto day traders tend to choose position trading strategy. Aside from the fact that we always missed market opportunities (like sudden long position in the market and short position - both to maximized trading profit) the reason of it is that our competitors in the market are automated.
In addition, many people are making trades out of this idea:
“Trading is 90% learning, well definitely true. But we need to evaluate whether learning is in its good point and not only as an excused. If its an excuse, then we better need to evaluate ourselves. Some says, trading is fun and exciting. Well, I get it, but this is the problem. “WE ARE NOT EARNING PROFITS, CONSISTENTLY” as what we wanted it.
That is why we need to change our ways/methods/strategies of trading...
One platform that could help us step into a better trader is Mudrex. Before I present what is Mudrex, well, I would like to welcome you first. Again...
But before that, I want to know if you have known similar platform in the space so that we could exchange ideas and comparisons versus Mudrex. You can comment it down below!
Build your own Trading Algorithm with Mudrex
I am not really quite sure how everyone tend to handle their trading activities. Some are always making their profits, some aren't.
But, looking at the chart 24/7 is not a good sign of our future choice and way how to make money trading cryptos and other financial instrument online, as well as to our health.
We need to work on real life and while trading is difficult, time consuming, and sometimes frustrating, maybe this is the right time to innovate something.
Speaking of innovation, I would like you to introduced to this platform, a strategy platform called Mudrex where you can create and established your trading strategies all-in one platform.
What is Mudrex?
Mudrex is a Y-Combinator backed trading strategy platform based in India where every traders can create their trading algorithm without actually having knowledge on coding. With this platform, you can build your own trading strategy and can invest on other strategies built by traders worldwide; duly verified by Mudrex Team. These mechanisms are called “Mudrex Build” and “Mudrex Invest”.
Mudrex Build
Mudrex (UI) is pure user friendly, and literally you can established your trading algorithm via drag-and-drop tool of chosen indicators, patterns, volumes, comparisons, and etc at your disposal.
Image below shows the user interface of Mudrex Build.
Create your own trading algorithm via drag and drop tools as seen in BLOCK section:
In other words, you can create trading bots. While this is good, the most amazing part is that you can back-test your own built algorithm in an instance and deliver you necessary results like ROI, monthly profit/loss, graphs, trading activity and so much more. These may be considered the best part but still there's more. Mudrex can be connected with exchanges through API to do live trades without you manually doing the actual trading.
Moreover, here's the list of exchanges where you can use API namely: Binance, Bitmex, Bybit, Deribit, Okex, and Coinbase Pro. Sounds good? Well cool, we are settled then, you can comment down below for further questions about Mudrex.
Mudrex Invest
What about other features then? Since this is a marketplace of strategy, definitely, if your strategy is working at your best trading undertakings, you can sell it and published it in the Mudrex marketplace and specify monthly fees depending on your likings. Note that the team will review your trading strategy to avoid any potential risks on investors.
Easy sideline as passive profit while earning your best trading income, right?
Most traders are doing market analysis and live trading manually. With Mudrex, you can automate your trading activity through chosen desired strategies verified and approved in Mudrex Platform.
The illustration below shows one of many examples of verified strategy listed in the marketplace. This strategy gives investors a 17% return.
If you have questions regarding the amount invested in Mudrex Invest. You can redirect to this link: https://mudrex.com/pricing
Summary of the pricing - Mudrex Invest
Just a brief summary, the calculated amount of fees to be paid is based on the “rate of fee(C)” multiplied by the “difference of an amount of current investment (A) and already paid fees (B)”.
- Fees to be paid = C*(A-B).
Note: For an invested amount of more than 15,000 usd on Mudrex Invest. The team will help and set you up for better trading activity and in result better profitability.
Mudrex Team
Composed of traders, designers and developers: Mudrex team are on its way of disrupting the old-fashioned way of trading, and are making algorithms which will help the market grow and sustained liquidity and at the same time consistent returns for investors/traders.
Key founders and officers of Mudrex are listed in the following, below:
Rohit Goyal – Founder CEO
Edul Patel – Founder COO
Prince Arora – Founder CTO
Alankas Saxena – Founder Head of Engineering
Snehil Buxy – Founder Head of Design & Experience
Divyanth Jayaraj – Front End Lead
Kartikey Agrawal – Backend Developer
Conclusion
Mudrex Platform lets you make your own trading algorithm without having any knowledge on computer programming. The only needed skills is you familiarity of the indicators, patterns, and etc., of the market. With Mudrex, we can automate our trading activities based on strategies we build. With solid team and potential project, it may create good opportunity for everyone and to those aspiring traders out there.
Disclaimer: The information above are not intended for as a financial advised any losses resulting from investing Mudrex Trading Platform which based on this article, neither the author nor Publish0x is responsible. You take into account that investing in cryptocurrency correlates to high risk.
Mudrex Web links:
