What is Algorithmic Trading? Algorithmic trading, also known as a program for automated trading, is a process of using computers to place trades automatically according to a pre-determined set of rules or algorithms. Algorithmic trading has been around for many years, but has become increasingly popular in recent years as computer technology has become more…
In the fast-paced world of digital assets, day trading crypto has become a thriving arena for both newbies and seasoned traders. The volatile nature of cryptocurrencies, combined with the technological advancements in trading, presents immense opportunities for potential profits. If you’re curious about diving into this vibrant market, read on. 1. Understanding Day Trading Crypto…
Cryptocurrency and stock trading are both ways to make money by buying and selling assets. However, they are quite different. Cryptocurrency trading involves buying and selling digital currencies, such as Bitcoin, Ethereum, and Litecoin. These currencies are decentralized, meaning they are not regulated by governments or banks. This makes them a bit more of risky…
What is “Backtesting” ? Backtesting is the process of testing a trading strategy on historical data. This can help you determine whether the strategy is profitable and how it behaves under different market conditions. There are a number of software programs that can help you backtest your strategies. They will provide you with data on…
What is Passive Income? Passive income is a stream of income that comes to you automatically, without requiring any additional effort on your part once the initial work has been done. It’s the holy grail of income generation, because it means you can earn money while you sleep, or take a vacation, or do pretty…
It’s been a wild ride for stocks in 2022, with the S&P 500 Index (SPX) falling from previous yearly highs. However, there may be good news ahead for investors, as market volatility is providing opportunities to buy stocks at discounted prices. The sell-off in stocks has been driven by a number of factors, including fears…
Cryptocurrencies are often incredibly volatile, which can make them a risky investment. However, stable coins offer a more stable option, as their value is pegged to a more stable asset, such as the US dollar. This makes them a more reliable option for those looking to invest in crypto, and can help to avoid the…
What is RSI? RSI is a technical indicator used by traders to measure the relative strength of a security. It is calculated by taking the average of the closing prices over a given period of time and dividing it by the standard deviation of the same prices. The RSI is then plotted on a chart,…
What is PAX Gold(PAXG) ? A digital token, backed by physical gold Pax Gold (PAXG) is a digital asset. Each token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. If you own PAXG, you own the underlying physical gold, held in…
