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PRESS RELEASE In traditional financial markets, the term trading strategy represents a comprehensive plan that encompasses all trading activities and guides investors to execute their trading goals. In the crypto world, a trading strategy refers to a predetermined plan or trading action designed to allow investors to profit from buying and selling crypto in both long and short markets.
While not required for all crypto trading, a sound trading strategy can help investors mitigate potential risks. In extreme market conditions, effective trading strategies allow crypto users to take action quickly and minimize losses. In short, trading strategies allow investors to anticipate all possible scenarios and design a response.
Overall, mature and well-designed trading strategies are important for investors because they help them take advantage of market fluctuations, make investments easily, and maximize profits or minimize losses.
In general, a comprehensive trading strategy would include the following elements.
- selection of target cryptocurrencies and projects,
- the use of specialized platforms such as crypto exchanges and market monitoring platforms,
- Mastering crypto tools and indexes,
- Setting trading times and stop-loss conditions,
- Minimize the impact of emotional decisions
Many investors understand the importance of sound trading strategies, but are more concerned about how to set up such strategies on crypto platforms. For novice investors and retail users, the following conditions must be met.
First, trading strategies should be easily accessible, preferably with “delayed” or “foolproof” operations. Furthermore, users should not have to set complex parameters or study programming or trading scripts in order to execute such trading strategies. Ideally, the system should allow users to easily invest in crypto.
Second, the platform should offer a variety of trading strategies and accommodate different trading demands. For example, some investors prefer conservative investments and want to stock more coins while minimizing risk and cost. On the other hand, some investors want to keep abreast of market trends and trade quant. Thus, investors are looking for different trading strategies.
In February 2023, CoinEx, a global crypto exchange, rolled out Strategic Trading, a new segment with Auto-Invest Plan aimed at helping users plan and manage their investments more effectively. With this new segment, CoinEx users will be able to create their own trading strategies and create an Auto-Invest Plan for a smoother crypto investment experience.
Strategic Trading is easily accessible from the “Finance” drop-down menu on the CoinEx website. Additionally, this section includes other segments such as Financial, AMM, and Dock. Currently, automated investment plans are already available in the Strategic Trading segment, and the Spot Grid will be introduced in the coming months.
The strategic trading segment allows users to effortlessly invest in crypto using “lazy” strategies. For example, in the case of an automated investment plan, a prudent investor can easily select an appropriate trading strategy and make regular crypto investments in pre-defined amounts and cycles without worrying about specific timing and gains. By creating an “automatic investment plan” in the “Strategic Trading” segment, the system automatically deducts investment expenses from the user’s spot account and places orders according to a predefined investment amount and cycle. No further manipulation is required, making investing easier. In addition, once the Spot Grid goes live, CoinEx users will be able to engage in quant trading through the new feature.
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