Where to start the customization of the trading workplace?
📈For example, with the selection of a trading chart to work with.
Today we will describe the most popular ones.
1️⃣ Line charts (picture 2)
This is the starting point for most traders. The X-axis shows time, whereas the Y-axis shows price. Thereby, the charts only show the closing price for a certain period of time.
2️⃣ Bar charts (picture 3)
The chart has vertical columns with bars. The bars show the minimum and maximum values of a quote. The bar on the left is the opening price, and the bar on the right is the closing price.
3️⃣ Japanese candlesticks (picture 4)
The chart consists of rectangles with tails, which resemble the body of a candle and its shadow. Each separate element reflects the rate fluctuations for a certain period.
Reading these charts is a basic skill that is essential for successful trading. Which chart to choose and how to read it are the most important questions for beginners.
🧑🏻💻We recommend you to test all of them and decide which one is more comfortable for you personally.
📈For example, with the selection of a trading chart to work with.
Today we will describe the most popular ones.
1️⃣ Line charts (picture 2)
This is the starting point for most traders. The X-axis shows time, whereas the Y-axis shows price. Thereby, the charts only show the closing price for a certain period of time.
2️⃣ Bar charts (picture 3)
The chart has vertical columns with bars. The bars show the minimum and maximum values of a quote. The bar on the left is the opening price, and the bar on the right is the closing price.
3️⃣ Japanese candlesticks (picture 4)
The chart consists of rectangles with tails, which resemble the body of a candle and its shadow. Each separate element reflects the rate fluctuations for a certain period.
Reading these charts is a basic skill that is essential for successful trading. Which chart to choose and how to read it are the most important questions for beginners.
🧑🏻💻We recommend you to test all of them and decide which one is more comfortable for you personally.
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Brace yourselves! Today we will discuss one of the most controversial topics: How necessary is fundamental analysis in scalping?📊
In order to accurately answer this question, we need to remember the definition and purpose of fundamental analysis. Its purpose is to prepare traders for price changes by helping them understand the reason of the event.🔍
Without any doubt, fundamental analysis should not be neglected or skipped for time saving purposes. Any nuances that you have overlooked can have a negative impact on your deposit. But that is only the case for long-term trading.
In the case of short-term trading, the use of fundamental analysis is meaningless.
So if you are still wondering, which type of analysis is better - fundamental or technical: technical analysis is an essential tool for short-term traders.📈
In order to accurately answer this question, we need to remember the definition and purpose of fundamental analysis. Its purpose is to prepare traders for price changes by helping them understand the reason of the event.🔍
Without any doubt, fundamental analysis should not be neglected or skipped for time saving purposes. Any nuances that you have overlooked can have a negative impact on your deposit. But that is only the case for long-term trading.
In the case of short-term trading, the use of fundamental analysis is meaningless.
So if you are still wondering, which type of analysis is better - fundamental or technical: technical analysis is an essential tool for short-term traders.📈
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How to spend less time on trading and still earn more is probably one of the most pressing questions for traders. 🤷🏻♂️
Today we will tell you how to activate the cherished autopilot feature in 1ex ALGO.
We're talking about trading bots!🛫
Let's start with the fact that a trading bot is an algorithm that makes its own decisions about trades (whether to buy, sell, or hold assets).
Your earning potential depends directly on your risk level, market conditions and working capital.
How stable are these results?
It is easy to stumble across a bot whose algorithm has been tested for only a couple of weeks and then published in the public domain. Of course, in that case it's impossible to talk about security.
Only consistent testing and numerous adjustments of an algorithm can guarantee their effective and continuous performance.
Finally, we would like to mention that bots are a good solution to automate trading, but everything needs to be thought through and tested. Therefore, you should select such software as carefully as possible.🧑🏻💻
Today we will tell you how to activate the cherished autopilot feature in 1ex ALGO.
We're talking about trading bots!🛫
Let's start with the fact that a trading bot is an algorithm that makes its own decisions about trades (whether to buy, sell, or hold assets).
Your earning potential depends directly on your risk level, market conditions and working capital.
How stable are these results?
It is easy to stumble across a bot whose algorithm has been tested for only a couple of weeks and then published in the public domain. Of course, in that case it's impossible to talk about security.
Only consistent testing and numerous adjustments of an algorithm can guarantee their effective and continuous performance.
Finally, we would like to mention that bots are a good solution to automate trading, but everything needs to be thought through and tested. Therefore, you should select such software as carefully as possible.🧑🏻💻
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🤩 We are extremely excited to join Token2049 in Singapore!
Grab a coffee with us to talk about elevating trading efficiency.
📌 Source
Grab a coffee with us to talk about elevating trading efficiency.
📌 Source
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🧠 We at 1ex strive to make your trading decisions the most efficient.
For instance, with Smart DOM, you can analyse the current market desire instead of the past data.
Join alpha testing to see it for yourself.
📌 Source
For instance, with Smart DOM, you can analyse the current market desire instead of the past data.
Join alpha testing to see it for yourself.
📌 Source
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⚡️If only there was a way to trade without delays and huge slippage, just like they do on Wall Street…
1ex has got you covered. Buckle up! 🛫
📌 Source
1ex has got you covered. Buckle up! 🛫
📌 Source
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👋 We met Gustavo Hess of Kairon Labs at Token2049!
Let's make algo trading more efficient together 📈
📌 Source
Let's make algo trading more efficient together 📈
📌 Source
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🖥 Dear first pilot of trading, how do you monitor your flight?
That is, how do you manage your risks?
Do you have a trusted co-pilot for it?
Well, you should have one, and 1ex can be the one for you.
📌 Source
That is, how do you manage your risks?
Do you have a trusted co-pilot for it?
Well, you should have one, and 1ex can be the one for you.
📌 Source
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🏎 Speed is the inspiration of all 1ex Trading Board products and the main resource for traders.
We are glad to be a sponsor of the unique F1 Founders Rally by Golden Gate Ventures timed to Formula 1 Singapore Grand Prix.
🚀 Fasten your seat belts!
Nice to meet the racing star
Kevin Magnussen!
📌 Source
We are glad to be a sponsor of the unique F1 Founders Rally by Golden Gate Ventures timed to Formula 1 Singapore Grand Prix.
🚀 Fasten your seat belts!
Nice to meet the racing star
Kevin Magnussen!
📌 Source
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🧠 Just out of the F1 Founders Rally: Investor Conference
Met Christopher Kearns of
BNY Mellon, Dominique Pommier of Active Capital Asia, Nathan Lee of Factomind 🤝
Ready to take off 📈
📌 Source
Met Christopher Kearns of
BNY Mellon, Dominique Pommier of Active Capital Asia, Nathan Lee of Factomind 🤝
Ready to take off 📈
📌 Source
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