News of the week
Let’s sum up the past week up. We talked about the advantages of using algorithmic bots in crypto trading, ways to control prices, presented to you our investors and recalled about the Market Making Pro application.
Our achievements of the week
📈Additional logic of volume bot for exchanges with poor API
📈Extra checkups to prevent minor price affections
📈Additional search-bars for UI
📈Revamped search logic for UI
📈Minor UI/UX fixes
📈Overall minor improvements
Advantages of using algorithmic bots in crypto trading
⚡Fast decision-making. Bots analyze much faster and make decisions quicker than humans.
⚡Bots analyze an unlimited number of pairs, while it is impossible to analyze many assets and make a proper decision when trading manually.
⚡No errors in the algorithm. Bots work strictly according to the algorithm. If there is a signal, the bot will use it.
⚡Trading 24/7. The bot works around the clock and does not need rest, unlike a human.
⚡The user gets free time. Using bots means giving a person more free time.
⚡Absence of emotion. A person is susceptible to various psychological states, which affect trading. The bot does not have any feelings and works only within the framework of its algorithm.
Ways to control price and risk
Orders are used to control risks and prices. They are a kind of instruction for traders to buy or sell assets. There are several types of orders.
📈Market order. Buy and sell at the best price available at a given time.
📈Limit order. Buy and sell at a certain or more favorable price. That is, the trader must know the price at which he wants to buy or sell, and not just choose the “best” one.
📈Stop order acts as a switch for placing a market or limit order depending on the price behavior.
📈Conditional order. Advanced trading order that is executed or canceled automatically when certain criteria are met.
Market Making Pro application
We have a convenient application that allows using our Dashboard for free.
Register here: https://app.marketmaking.pro/#/register
Come up with the user’s name and password and attach the email address. That`s is it! Now you are with us.✨💥
Don`t forget to sign up for Market Making Pro Telegram and Medium!
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