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A Beginner’s Guide to Cryptocurrency Trading Strategies

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  There are many ways to make money trading cryptocurrencies. A trading strategy helps to organize the relevant techniques into a coherent framework that you can follow. This way, you can continuously monitor and optimize your crypto trading strategy. When developing a trading strategy, there are two main schools of thought to consider: technical analysis (TA) and fundamental analysis (FA). We will distinguish between trading scenarios that different strategies are suitable for, but before we dive into this article, it is important to understand the differences between these concepts. There are so many different types of trading strategies that it is difficult to cover them all in detail, so we will focus on the most common ones. This article focuses on trading strategies for cryptocurrencies. However, such strategies can also be applied to other financial assets such as forex, stocks, options or precious metals such as gold. Want to tailor a trading strategy for yourself? This art...

Introduction to Dow Theory

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  What is Dow Theory? Essentially, Dow Theory is a framework for technical analysis based on the work of Charles Dow on market theory. Dow was the founder and editor of The Wall Street Journal and co-founder of Dow Jones & Co. As part of the company, he helped create the first stock index, called the Dow Jones Transportation Average (DJT), followed by the Dow Jones Industrial Average (DJIA). Dow never wrote down his ideas as a specific theory, nor did he refer to them in that way. Despite this, many people learned from him through the editorials of The Wall Street Journal. After Dow’s death, other editors such as William Hamilton refined these ideas and put his editorials together, which is now known as “Dow Theory”. This article will specifically introduce Dow Theory and discuss the different stages of market trends based on Dow Jones’ work. As with other theories, the principles described below are not absolutely feasible and are only intended for open interpretation. Basic p...

A beginner’s guide to risk management

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  What is risk management? We manage risk throughout our lives, whether in everyday life (like driving a car) or when signing up for a new insurance or health plan. Risk management is all about assessing and controlling risk. Most people manage risk unconsciously in their daily lives. But when it comes to financial markets and business operations, assessing risk becomes a very important and prudent practice. In finance, we use a framework for how companies or investors deal with financial risk to describe the risk management measures that exist in various industries. For traders and investors, this framework may include the management of multiple assets such as cryptocurrencies, forex trading, commodities, stocks, indices, and real estate. There are many different types of financial risks that can be categorized in different ways. This article only provides an overview of the risk management process. It also provides risk management strategies to help traders and investors mitigate...