Essentials You NEED to know before you jump in!
Before you dive into the exciting world of trading with VEMA Trader, there are crucial insights you must know to maximise your success. Here are the six trade secrets that will transform the way you approach each trade, and set you up for profitable outcomes.
The Trend is Your Best Friend
Discover how identifying and riding the trend can significantly increase your chances of success. Learn how to spot trends, determine their strength, and align your trades with the prevailing market direction. Check out how our CEO does it here.
Master Risk Management
Risk management is the key to preserving your capital and avoiding devastating losses. Unearth the secrets of position sizing, setting stop-loss orders, and calculating risk-to-reward ratios like a pro. Best still – VEMA Trader will handle your risk management for you!
Harness the Power of Technical Analysis
Delve into the world of charts, indicators, and patterns. Uncover the secrets of support and resistance levels, moving averages, and other powerful tools that can guide your trading decisions. Be educated before you jump in and practice, practice, practice on our paper trading tier to make sure you have it!
Patience Pays Off
Discover the art of patience in trading and avoid impulsive, emotion-driven trades. Learn how to wait for high-probability setups and avoid the pitfalls of FOMO (Fear Of Missing Out) that can sabotage your trading success. One of the biggest advantages of VEMA Trader is the ability to setup your trade at a time when you are unemotional and then leave it to play out. If the trade conditions change and it is no longer valid, VEMA Trader won’t enter into it! Check out some of the amazing ways VEMA Trader keeps you OUT of bad trades.
Keeping up with market news and events is vital for successful trading. Uncover price catalysts, assess market sentiment, stay ahead of market manipulation and you could be riding the longs and shorts to profits! There are many sources of market news out there. Whether it is CoinDesk, U.Today, Decrypt or Bitcoin Magazine, find somewhere you trust to get the mkost up to date movements coming in the market.
Embrace a Trading Plan
A well-defined trading plan is your roadmap to success. Explore the essential components of a solid trading plan, including entry and exit strategies, risk tolerance, and trade journaling. Create a personalised plan that aligns with your trading style and goals. You can VEMA’s FREE template here.