How to decide what take profit % to set
Take profit percentage specifies how much profit you’ll take from a trade as a percentage of the order value. Setting this not only determines the return from your trade, but also influences the trade’s risk factor and the time taken for the trade to close.
What Do Bullish and Bearish Markets Mean?
We are pretty sure that you have come across such expressions as bullish and bearish markets. But what exactly does it mean when it comes to the cryptocurrency market? Today you will find it out. Where did the bull and bear market get their names?…
Advanced Candlestick Patterns
Candlestick patterns are a powerful tool in trading. It helps identify a trend reversal and may provide a signal to enter or close a position especially when confirmed by other technical indicators. TradeSanta has already covered the basic candlestick patterns in an article “How to…
Different Trading Styles
The constant monitoring of the market takes a lot of time, but automated crypto bots are a convenient solution for this issue. Crypto trading bots allow you to place orders 24/7 and provide the customization needed to make the bot trade anyway you like. They…
Trend Indicators and How to Use Them
Trend indicators are used to define whether there price of a traditional or crypto asset is steadily heading in a particular direction or the price movements occur without any particular trend. Trend is a key term for cryptocurrency traders. Before entering a position a trader…
Momentum Indicators and How to Use Them
Momentum Indicators are used by traditional traders as well as crypto traders to measure the strength of an asset’s price movements. Momentum indicators are typically represented as oscillators and rather measure the rate of the price movements. They are rarely used alone, more often in…