Trading cryptocurrency is identical in its parameters and conditions to working on a stock or currency exchange. You also need to track rates, catch trend changes in time, get rid of anxiety and take a balanced approach to transactions. Automated trading is best suited for this type of task. It is suggested to use a trading bot.
Features of trading
The term “bot” itself comes from the ending of the word “robot”. That is, a trading bot is essentially a computer program with a certain algorithm of actions. You can make lists of tasks for it, plan the terms of the transaction, enter signals according to which it will act in accordance with the program.
The WunderTrading platform is offered for transactions with cryptocurrency. There are offers of different types here, where the bot can perform the following actions:
- Conduct transactions during exchange trading, while setting protection against strong losses in the form of Stop Loss, or specify the price value when the profit is taken Take Profit. Transactions are carried out automatically, the bot can simultaneously manage one or several accounts.
- You can trade asset pairs to use the spread to make a profit.
- Track changes in the value of the portfolio when the investor trades several cryptocurrencies. The bot will notice negative trends in time and save you from losses.
- The bot can trade on several markets at the same time, using the arbitrage procedure for the same assets that have different prices on different platforms.
The program will help in demo trading for training beginners, will help to avoid obvious mistakes so that the investor quickly understands the essence of working on the cryptocurrency market.
Advantages of the offer
The main problem for traders is the lack of a trading strategy and strong emotions during it. This is a consequence of human psychology, it is difficult to get rid of. The bot is devoid of emotions, it tracks only real actions, quickly identifies signals that exist on the market, and can anticipate the movement of the rate. This eliminates the wrong choice of time to enter and exit a transaction, reduces the unprofitability of trading, and over a long period of work, it will definitely generate a profit.
The price of the bot is small, the income received significantly covers the costs of payment. A free week of use of the automated system is offered so that you can understand all its features and benefits.