There are several strategies for intraday trading; a few of the best ones are – Momentum trading strategy, Breakout trading strategy, Moving average crossover strategy, Gap and Go trading strategy, and the “risky” Reversal trading strategy .
Read moreWhere is 3Commas based?
3Commas provides a platform for cryptocurrency investors to trade with minimal risks, limit losses, and increase profits. 3Commas was founded in 2017 and is based in Toronto, Ontario .
Read moreAre crypto trading bots any good?
Crypto Trading Bots Review Best trading bots are profitable and allow as much customization by users . It is helpful to select a bot that suits your level of trading. They support multiple strategies, integrate social trading to allow buying or use of free third-party signals, and definitely are tried and tested.
Read moreHow much does 3Commas cost?
3Commas offers three plans – Starter, Advanced, and Pro. The Starter plan costs $14.50 per month (paid annually) and includes the Smart Trade manual trading terminal, but no automated trading bots. The Advanced plan costs $29.50 per month and adds simple bots, which are able to open trades on only one coin at a time.
Read moreHow can I use 3Commas for free?
How to access 3Commas trading tools?
Read moreHow does a DCA bot work?
Strategy With long strategy the bot will buy coins with quote currency (second currency of the pair) and sell them later at the higher price . Short means the crypto bots will sell the base currency (first currency of the pair) you have and buy it later at the lower price.
Read moreIs 3Commas bot good?
3Commas is relatively intuitive to use, making it a good option for crypto traders trying out trading bots for the first time . In addition, 3Commas works with most major cryptocurrency exchanges and offers a spot trading interface that adds risk management tools to manual trades.
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