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CoinEx Introduces Strategic Trading to Help Users Prepare Good Investment Plans and Stay Ahead – Press Release Bitcoin News
press release
PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan that covers all trading activities and guides investors to execute their target trades. In the crypto world, a trading strategy refers to a predetermined plan or trading behavior designed to help investors profit from buying or selling crypto in both long and short markets.
Although not necessary for all types of crypto trading, a good trading strategy can help investors reduce potential risks. In extreme market conditions, an effective trading strategy enables crypto users to take immediate countermeasures and minimize their losses. In other words, by setting out a trading strategy, investors prepare for all kinds of scenarios and design the corresponding measures.
Overall, a mature and well-designed trading strategy is essential for investors as it helps them take advantage of market fluctuations, make simple investments and maximize profits or minimize losses.
Generally speaking, a comprehensive trading strategy can cover the following elements:
- Selecting the target cryptocurrency or project;
- Using professional platforms such as crypto exchanges and market monitoring platforms;
- Mastery of Crypto Tools and Indices;
- Setting up trading hours and stop-loss conditions;
- Minimize the influence of emotional decisions.
Most investors understand the importance of a good trading strategy, but they are more concerned about how to deploy such a strategy on crypto platforms. For beginners or retail users, the following requirements must be met:
First, the trading strategy should be easily accessible, preferably with “lazy” or “foolproof” operations. Additionally, users do not need to set up complex parameters or study programming/trading scripts to run such trading strategies. Ideally, the system should be able to help users invest in crypto with ease.
Second, the platform should offer versatile trading strategies that meet different trading requirements. For example, some investors prefer conservative investments and hope to stockpile more coins while minimizing risk and costs. Meanwhile, others want to seize fleeting market trends and engage in quant trading. As such, investors require a wide range of different trading strategies.
In February 2023, CoinEx, a global crypto exchange, rolled out Strategic Trading, a new segment with Auto-Invest Plan that aims to help users plan and manage their investments more efficiently. With the new segment, CoinEx users get to create their own trading strategies and create Auto-Invest Plans for a smoother crypto investment experience.
Strategic trading can be easily accessed under the Finance drop-down menu on the CoinEx website. In addition, the section also includes other segments such as Financial, AMM and Dock. Right now, the Auto-Invest Plan is already available in the Strategic Trading segment, and the Spot Grid will also be introduced in the coming months.
With the Strategic Trading segment, users can use “lazy” strategies to invest in crypto without any problems. For example, in the case of the Auto-Invest Plan, wise investors can easily choose an appropriate trading strategy and make money by making regular crypto investments with predefined amounts and cycles, without having to worry about the specific timing. After an Auto-Invest Plan is created through the Strategic Trading segment, the system will automatically deduct the investment cost from the user’s Spot account and submit an order according to the preset investment amount and cycle. No more operation is required, which makes the investment easier. Also, when Spot Grid goes live, CoinEx users will be able to participate in quant trading via the new feature.
This is a press release. Readers should do their own due diligence before taking any action related to the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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