CryptoHeroOne of the legendary figures who greatly influenced the trading world is Munehisa Homma (moo-ne-hee-sa ho-ma), who was known as the “god of the markets” of his time. Originally a rice merchant from Sakata (sa-ka-ta), Japan, Homma became an expert rice futures trader at the world’s first formal futures exchange […]
Although automated trading certainly does brings plenty of benefits to the table, it is by no means an infallible solution. An experienced trader will know that market moves in a random pattern. A bot that is configured for a particular market phase, such as a consolidation phase, will most likely […]
With every passing time, the bot will evaluate and execute orders based on the entry and exit conditions. Once the exit condition is met, the bot will “exit” the trading position by selling assets. There are two types of exit conditions. The Take Profit instructs the bot to close a […]
CryptoHero users are able to instruct the bot to execute additional trades after the first one is completed. This is known as “Extra Orders”. Before we proceed with the explanation, there are a couple of terms that you should be aware of. “Fund Allocation” is the maximum amount of funds […]
All kinds of investment carry some risks. Which is why it’s good to practice buying and selling first before getting to the real thing. The term “paper trading” came from a time when budding traders would practice on paper before actually risking money in live markets. Before the advent of […]
Wouldn’t it be great if there is a system that automatically places trades for you on crypto exchanges 24/7? Plus, it doesn’t require any prior coding experience at all. CryptoHero is a Software-as-a-Service automated trading bot platform. It is founded by Novum Global Ventures, an investment and technology company based […]
There is no such thing as zero risk trading. From properties to cryptocurrencies, all investments come with varying degree of risks. As such, any investors worth their salt take calculated risks in order to keep their losses to a minimum and gain optimal returns. One of the well-known strategies that […]
This is unlike traditional assets such as stocks and bonds, which have set trading hours. After all, “crypto never sleeps”, as they always say. It’s only natural for crypto traders to consider automated trading, which instructs the computer program to automatically track the market data, and execute buy or sell […]
Not all traders are the same. Everyone has their preferred way of trading. Have you identified yours? Trading style and trading strategy may sound interchangeable, but they’re actually distinctive from each other. Trading strategy refers to the methodology used to define the price points where you enter or exit trading […]
There are people getting into crypto trading in hopes of striking gold. Considering how rapid growing the crypto market is, some may even see it as a quick way to gain a significant amount of money. However, some also believe that the space is rife with scammers, and some even […]