There are plenty of benefits when it comes to learning from us. Let’s briefly examine the main ones.
1 ) You get to understand the secret rules ;
Crypto has its own concepts and terminologies which can be difficult to grasp — so it’s important that all traders become familiar with them. Even if you’ve had some experience trading stocks or forex, you need to realise that Crypto is a different ball game!
2 ) You learn how to create your own unique plan ;
Like any other business venture, anyone wishing to get involved in Crypto must understand the fundamentals and have a plan of action. Your Crypto trading plan or strategy is what will help you navigate through the market safely. A plan keeps you disciplined and stops your emotions getting the better of you.
3 ) You will reap the rewards ;
It is advisable not to start Crypto trading without getting some education first, so get a good Crypto education. You will reap the benefits sooner than you expect, make fewer mistakes, and your learning curve will be shortened significantly.
4 ) You increase your potential for success ;
Although Crypto is a high-risk market, it can also turnaround high and quick returns. Getting a good Crypto education will help you understand how to mitigate the risks and capitalise on the gains. As with every other career or endeavor, the chances of becoming successful are much higher with an education.
— — — — What are Pros and Cons of using Engineering Robo?
Minimize emotional trading
Allows for backtesting, you can easily see the previous Buy, Sell, Super Buy and Super Sell Signals.
Preserves the trader’s discipline
Save your Time & Energy
Can perform greatly in a bull and bear market
Use strong Stop loss strategy
Know well when to enter / exit trades — No hesitation
Trading with algorithms has the advantage of scanning and executing on multiple indicators at a speed that no human could do.
Since trades can be analyzed and executed faster, more opportunities are available at better points.
Requires the monitoring of functionality ( Solution : You have to decide the best candlestick time frame for your charts. 1W? 3D? 1D? OR 3H? )
Ignores Fundamental News ( Sometimes it is better to ignore to noise, however, FA helps you to increase your trading success )
Not so good at sideways markets ( Solution : Technical Chart patterns and Drawing support & resistance & trend lines )
— — — — Why is Engineering Robo 🤖 a lifesaver?
As the trades are monitored by the algorithms itself, traders need not follow up on cryptos frequently.
This saves time and money giving more time to explore and focus on other opportunities.
Moreover the models are up 24x7 — You can only set an alarm and wait for the right moment.
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