trading more efficiently
trading more efficiently
Hi I would like to know what do you use to trade cryptocurrencies as efficiently as possible (applications, software etc) or some tips…before I was using a platform where there was no trailing stop loss…and for me the trailing stop loss is saving me a lot of time and money…is there any other type of advanced orders that are you using?
And how do you organize your setup, monitors…right now I am using a not very big monitor…and finally is there any way to change the background of the screen in the exchanges when trading?
Right now I use bybit and when I want to see the chart and enter operations the background is black, I think for me it would be better white background…is there any way to change that? and the box to enter the orders is very small…is there any way to make that box bigger…in fact I do not look at the bybit chart…I look directly at the tradingview….
I’m not really a trading expert but for being doing this for almost a year, I haven’t found any tools or software that will make us not to lose. That is a normal scenario in trading.
And in regards to monitoring setup and background, all you need is to explore the site. I know there are a lot of features you may find by simply clicking the settings found in the corner. It is better to familiarize the site (ByBit) or directly ask their support system if you have some queries or concerns I know they are happy to help you.
If you’re just getting started, one monitor would be enough for you and just be there closely monitoring the market for that token and pair you’re following.
There’s no special setup on it as I’ve seen from the others. I’m not a day trader so I don’t have that setup but with what I’ve seen for the day traders, usually, two or three setups are enough for them. This is only when you get serious in trading.
If you are using trailing stop and you are liking it, stay with that and improve yourself on it. If you are asking for more advanced order taking, don’t increase your leverage above what will become a risk to you.
If you want to change the background of your trading platform, usually that should be located around the setting. Check settings and search for background and select colours you want to appear.