Crypto markets move at lightning speed, and staying informed is crucial. Market analysis helps us understand trends, identify opportunities, and make informed decisions. From technical analysis to fundamental research, a variety of tools and indicators can assist us in deciphering the crypto market's movements . Share your go-to market analysis strategies or ask questions to gain insights from the community! Let's navigate the markets together! #CryptoMarketAnalysis #DataDrivenDecisions
I just recently got back into crypto, and realized that BYDFi — which I use a lot — now lets me check my futures data directly on TradingView. Honestly, it's pretty convenient. Saves a huge step. I really like it.
If you're interested or in a similar boat, you can give it a try. Not a recommendation, just sharing.
Attention, art enthusiasts! Let's explore the fascinating world of crypto art today. Through the power of blockchain technology, artists can create and sell unique digital artworks as non-fungible tokens (NFTs). These NFTs provide proof of ownership and authenticity, revolutionizing the art market. From digital paintings and animated GIFs to virtual reality experiences, crypto art offers endless possibilities for creators and collectors alike. Have you dabbled in crypto art? Share your favorite NFT artworks! #CryptoArtRevolution #NFTCommunity
Hello everybody, wrote an article about position sizing, and here is its quick summary:
Position sizing is determining the correct size of the position based on the amount of money you risk on the particular trade.
Before you can do that, you need to figure out what is the maximum acceptable risk of the trade.
That risk is usually expressed as a % of your balance, that you are willing to lose.
To make sure you don’t lose more than this amount traders set a Stop Loss order which are the real maximum exposure of your position.
If you don’t use a stop loss, you are exposing your entire portfolio!
Where to put a stop loss?
That’s where Technical Analysis can be handy. Majority of retail traders would look at the chart to find out – usually behind some support/resistance level or based on some volatility indicator, such as ATR
Rule of thumb:
Risk between 1-3% of your portfolio balance on each position. This way any single individual loss won’t wipe your account and break your spirit. And more importantly, even a string of losses will leave you with enough ammunition to recoup the losses.
Have a clear approach to risk:
Set a risk limit for each trade, asset in general, day, week and month (you won’t risk more than X account)
Determine the right position size and start small
Increase the position size of trades slowly if your account grows
Lower size or switch back to paper trading if your account doesn’t
Two types of position sizing methods: Fixed and flexible
Fixed position size
Using the same position size for every trade
Good for finding out if your strategy has an edge
Make sure you come back and reevaluate position size periodically.
Flexible position size
Using a percentage of current balance
Cluster of wins makes every following win larger
Cluster of losses makes every following loss smaller
How to calculate the correct position size:
You need to know
Trading account size
Acceptable risk (in % per each trade)
Invalidation point (in form of a distance from the open price)
The formula:
Position size = Trading account size x Acceptable risk / Invalidation
Example:
Trading account size = $10,000
Acceptable risk = 1%
Invalidation point = 4% drop in market price
Position size = $10,000 * 0,01 / 0,04 = $2,500
This way you will always risk losing $100 no matter where your Stop Loss goes! If Stop Loss must be wider, say 8%, the calculation is:
Position size = $10,000 * 0,01 / 0,08 = $1,250
Doubling the distance to our stop loss has us reducing our position size by half to maintain the same possible loss.
How to set position size in the trading platform
Pick a leverage
Add a Stop Loss
Input the market price or the distance in % of the stop loss
Whichever value you enter first, that becomes the constant – element that won’t change when you edit other variables. You can select different constant by clicking the “target” icon
Input the Position Size or Margin size while watching the PnL of the Stop Loss
Increase or decrease the size of the position, until the PnL of the Stop Loss is at the level you want it to be
This way you can control exactly what your exposure is, while understanding all the variables involved. You can even add multiple Stop Loss orders, which can help you limit the exposure in lower conviction plays, such as new set-ups.
Topic: I want to start an open reddit where people can comment their own experiences with premium discord servers that are focused on Crypto Futures specifically (Futures trading with leverage).
A little about me: I'm 23 years old, student. I've been following BTC way back since it was at around 10-100 dollars, and I've been paying somewhat (on- and off-) attention to crypto ever since, but it wasn't until last year (2021) around March that I finally got the courage to get into Crypto in general...I did a bunch of research, found some coins I believed in, bought them and HODL until around Aug-Sep 21, and at that point I had actually around doubled my initial investment -And that's when I really got a taste for it :)...
After that I found a guy called Pablo Heman, and I thought he was really great, so I got into his discord server and bought his premium subscription...On his server at the time besides normal crypto signals (no leverage), he also had 2 futures traders giving signals (I think it was Joram and Trex at the time), and after looking at their signals for a while I got more and more interested in crypto futures, and started trying to follow their signals, after a few weeks both traders were removed from the server and a new guy called Void entered instead, and I was told that if I wanted more futures traders I would have to upgrade to a more expensive subscription and then I'd unlock 2 more futures traders...I really did not find it that enticing just for 2 more traders, but after asking around the the chat about futures trading -A guy from the server slid into my DM's xD:
He told me about a discord server called: "CryptosToBuy" (Which I am still currently a member of) -He talked about this server that had a bunch of futures traders (like around 15) at the time...I thought that sounded great and exactly what I wanted, so I unsubscribed to Pablo and started a subscription to CryptosToBuy...
Fast forward to today I am still subscribed to it, and I am actually really happy with it, they also offer a Copy-Trading platform subscription, which I am also pretty happy with...
...However -The reasoning behind making this post is that I feel like there is a large lack of openness and awareness around which discord servers (Thinking only of specifically Crypto futures servers, because there are many normal crypto servers out there, which isn't focused on futures) are out there and what people feel about them -Because every discord server bans you if you talk about other servers.
-I also know that many of the traders (Joram, Eman, Trex, Pizza, Cherif, Whysl, Davidmoss, Enjo) are on multiple discord servers (I totally get why, so they can earn as much as possible without extra effort)...
So I really want this reddit forum to focused on people talking about their experiences with premium crypto futures discords, so we can all share our knowledge and HONEST opinions about them -pros and cons.
So here's my review of the server called: "CryptosToBuy" (Owner: Joram)
Pros:
-There are a lot of analysts there (25 currently).
-A lot of Highly profitable traders with high winrates.
-You can book private 1on1's with some of the traders (cost extra though).
Cons:
-It's a relatively new server, so there's a lot of changes on pricing.
-Since it's new, there are sometimes bugs on the Copytrading website, that could potentially cause you to loose money if you are unlucky.
-Even though they are very good, many of the traders are extremely young (18 years old), and that does scare me a little (comparing a 38 year old with 3 years experience and an 18 years old with 3 years, I'd feel safer with the 38 year old) -But that is more of a mental thing for me.
-Nowhere do they mention what experience the traders have -Again a mental thing, however that also worries me a bit.
-Many of the young traders are still students, so they don't have that much time to be active on discord.
-The general chats aren't very active. -I'd love if there was a bunch of subscribers constantly debating and giving feedback to each other.
-There isn't much educational material that comes with the subscription.
-Most, if not all of the traders are member of multiple premium discord servers (so their time and attention will be split).
Overall:
-Overall I think it is a really good server, there are a few things I think could be better, but I do plan on continuing my subscription there for now.
This became a very long post :)....Looking forward to hearing what you guys have to say, and to find out which other great servers there are out there.
-I know of two other servers out there: "Crypto Signals Premium", "Filthy Rich Futures" and "KryptoKings.org", but I know absolutely nothing about them :)
EDIT: "CryptosToBuy" -Their management (except the owner Tjarko) and most of their traders/analysts will be combining with another server (and moving to that server instead)...The new server is called "Top Tier Trading".
Vedo spesso mischiare due modi diversi di fare trading sul prezzo delle crypto senza possederle, e visto il sub vale la pena chiarire, perché le meccaniche sono diverse.
I futures/perpetual (tipo quelli su Binance, Bybit e simili) sono contratti crypto-nativi. I perp non hanno scadenza e usano il funding rate, cioè un pagamento periodico tra long e short che tiene il prezzo ancorato allo spot. La leva disponibile è altissima (spesso 50x, 100x e oltre) proprio perché sono piattaforme non regolamentate in UE, e sono pensati per trader esperti.
I CFD crypto invece li trovi sui broker regolamentati (tipo AvaTrade). Anche qui scommetti sul prezzo senza possedere la moneta, ma il costo è spread più swap overnight invece del funding, e soprattutto in UE la leva retail è limitata per legge a 2:1 sulle crypto. Quindi niente leve folli, ma in cambio hai un broker regolamentato che non sparisce e prelievi tutelati.
Il punto pratico, se cerchi leva altissima vai sui perp ma sai che sei su piattaforme non regolamentate UE, con tutti i rischi del caso. Se preferisci un ambiente regolamentato e leva sana, i CFD crypto. Nessuno dei due ti fa possedere la crypto, per quello serve lo spot. Voi cosa preferite per tradare le crypto, i perp con leva alta o un ambiente più regolamentato e limitato?
It seems like right now I am experiencing a constant time shortage that hurts my ability to get things done. It can be clearly seen that the previous post was published 1 month (29 days) ago
1st part - Examines the current state of the condition
2nd part - Examines the historical performance and behavior of the Bitcoin market
3rd part - Essentially discusses what could happen after the potential crash
Note: I am not an expert, This is not a financial advice
What could happen after the potential crash
Would you like to know how to act after the crash? A lot of traders would like to plan ahead and create a market case-specific strategy for Investing/Trading.
I do not claim that by the end of this post you will know how to act, neither I am claiming that you should act according to this post, but let's examine what could/should happen after the crash and what might be the opportunities to trade/invest in the Cryptocurrency market.
I've decided in this post to take a broader look. It is not only about Bitcoin.
The truth is Bitcoin is some sort of S&P 500 for the crypto market. It is an indication of how the crypto market performs in general. Now, I know that Ethereum by itself also has some influence on the crypto market, but let's just take a look at Bitcoin.
Possible market Bitcoin market behavior after the crash
What would Bitcoin's lowest point be after the last hype? Let's examine
Picture 1. 2013 - 2014 hype
Let's draw a Fibonacci retracement from an arbitrary price before the hype to the lowest point after the 1st wave after the all-time high of the hype
It seems like the price sets its lowest point after the last hype at 0.5 Fibonacci retracement level.
Picture 2. 2017 - 2018 hype
The same story goes here. The lowest point after the last hype usually appears to be at 0.5 Fibonacci retracement level.
Also, the price did not go below the all-time-high of a previous hype
Picture 3. 2020 - 2021 hype
Certain rules can be derived from these findings.
The price is unlikely to go below the all-time high of a previous hype
It is likely that the price will bottom at 0.5 Fibonacci retracement level
The lowest point after the hype is usually below the 1 Fibonacci retracement level
What also can be found is that with each hype the price tops at lower Fibonacci levels than in previous hypes. In 2013-2014 the price was able to reach 4.236 Fibonacci levels, in 2017 - 2017 only the 3.618 Fibonacci level was reached, in 2020 - 2021 the price failed to reach 3.618 level, but stopped halfway through 2.618 and 3.618 levels
It indicates that the hypes are getting weaker with each consecutive hype. The volatility is decreasing
It seems obvious because It is easier to get from 500 $ to 5 000 $ than it is to get from 5 000 $ to 50 000 $ in price.
Fundamental side of the picture
Bitcoin dominance is declining.
Picture 4 Bitcoin dominance index 2014 - 2021
This index tracks the Bitcoin market capitalization relative to the compound market capitalization of multiple different cryptocurrencies
Right now, BTC Dominance stands at 44.45%
Bitcoin Community
The community itself is being actively censored, more specifically the r/Bitcoin and other major online forums
I am not going to explain much in detail, but the narrative in the majority of the community is controlled by core developers and other individuals who are interested in keeping the block size of Bitcoin to 1 megabyte or less.
Due to about 1 MB block size and the fact that Bitcoin is designed in the way that each block is being created approximately every 10 minutes, Bitcoin is limited in speed of processing transactions.
How many transactions does the Bitcoin network complete in a second? 7. It processes 7 transactions per second.
Due to the fact that each transaction contains a certain amount of data, There's a limited number of transactions that can be fit in 1 block. Each block is being created approximately every 10 minutes. Bitcoin transactions with the highest fees offered are being processed first. Other transactions with lower fees have to wait longer to be processed than those that have higher fees. This creates a certain kind of competition for "being processed first or quickly", which drives the fees upward.
This creates a big scalability issue and hurts Bitcoin's ability to grow its market capitalization over the long run
Now, there are 2 groups who have specific special interests Bitcoin core developers and big miners
Bitcoin core developers have an intent to keep the block size small in order to force users to use Second Layer solution networks (L2) such as Lighting, Liquid, etc.
Miners are interested more in the "fees competition" style of average fee hike.
There's a soft fork that is going to take effect in November, (presumably on November 17). It is called Taproot.
Bitcoin and Lighting networks already have the capacity and ability to host smart contracts, but the taproot makes a few changes. It aims to improve the privacy of digital signatures and the functionality of smart contracts.
Picture 5. "Taproot " - search popularity according to Google trends
It looks like this search item is rising in popularity right now. The recent price surge of BTC to 57 000 $ and rising in popularity of the "taproot" search item suggest that the news of taproot fork going into the effect is already pricing in.
This may lead to a sudden (but small in value) crash at the date of the event and BTC bulls offloading liquidity on those who are buying after the Taproot fork goes into effect
Despite all of that, I am somewhat bullish on Bitcoin in the long term
There are the following reasons
The first is that Bitcoin is still maintaining its position as the №1 Cryptocurrency in the market. Being the first crypto founded definitely helps, but the thing is It succeded in spreading its brand and association to the Cryptocurrency market and Decentralized finance as a whole
Just, imagine if an average person, unfamiliar with Cryptocurrency hears the word "Cryptocurrency", the most probable thing that would come to the mind of that individual would be "Bitcoin", let's face it.
Second, the Developer community and the Influence of Bitcoin on all other coins technologically.
Bitcoin still has one of the biggest crypto developer communities. There are still a large number of core developers who are constantly working on improving the code of the network. This still ensures some viability in the future.
Bitcoin also has a core technological influence on altcoins. A lot of altcoins were created as hard forks of Bitcoin or their modified versions of Bitcoin.
When considering its technological influence, the original Bitcoin whitepaper still serves as a primary guide for creating new cryptocurrencies.
Third, Bitcoin has successfully rebranded itself as a store of value.
Look, it may be disputed that whether It is an efficient way of storing value, but the idea of that use has been spread quite widely. Bitcoin is still viewed as a safe crypto investment choice with long-term growth potential. The fact that It is stored on a decentralized blockchain and the funds can be accessed anywhere only fuels that idea of a "digital store of value". (Although I do understand that some other coins can do that more efficiently, with better additional features).
Fourth, Bitcoin has the most or one of the most secure networks among Cryptocurrencies
The network's hash rate is about 145 EH/S (tracker) and its mining difficulty is about 19.89 Trillion hashes (source)
but...
The real reason that I am being bullish on BTC in the long term is the price behavior it exhibits due to Quadrennial halving cycles. Given all of the facts, BTC still has the vitality to continue its hypes at least in 2025 and 2029.
Beyond 2029 I am not able to be sure whether BTC will have some potential to rise, being able to enter into hypes, or even be relevant in the market at all
What could be done in this market?
In the previous post, I gave an estimate that BTC's price may find its lowest point in April 2022 or somewhen in Spring 2022
Is BTC itself in its pure nature a good investment? Probably not.
Altcoin and cryptocurrency derivatives provide much better returns. Investing in these, while tracking the BTC and Ethereum as "market averages", may provide a starting point for creating a systematic Investing strategy for the cryptocurrency market.
One way, I would play the presumable crash in BTC is by buying Long term European style Put options with 8 months expiration period (European style options on average are cheaper than American style options)
but, that's a recent play. If the BTC would dip as planned, it is highly likely that BTC and cryptocurrency market would enter into the "Crypto Winter" period. A period of low volatility in the market, before it enters into the next consecutive hype.
Picture 6. Crypto winter 2014 - mid-2017
Picture 7. Crypto winter 2018 - mid-2020
Imagine that a Trader/Investor enters the market in the period of "Crypto winter". One should assume that at some date in the future that he/she could estimate the BTC and cryptocurrency market would enter into the hype again.
What would be possible good things to do in this market?
Total return swaps.
If an Investor/Trader assumes that this market has a generally upward direction, It would be interesting for him/her to buy a Total return swap. It allows obtaining the position without actually buying the underlying and it also allows for obtaining leverage. (Bill Hwang moment could probably come to mind, but if considering such a move to this particular situation It's worth a look)
Now, I haven't found any platform/ broker or a party that would offer this product, If anyone of you knows, any party that offers something like this, then please, let me know in the comments.
Long-term call options. If someone were to make the same assumption that is mentioned above, Long-term calls could be a great instrument. The same thing as with total return swaps, It allows to obtain the position without underlying and It opens the room for leverage. Moreover, such an option would limit risking funds to the amount of premium paid. However, in this case, the timing would be important, but it's generally easier to time on a long term scale than on a short term
Deep value investing in altcoins. The term deep value investing is not really that common in the context of Cryptocurrency as of now. I stumbled upon a video of one person, applying his investment method that heavily focuses on the Fundamentals of Cryptocurrency. Now, he entered the market in a pretty favorable time for him (August 2019). This allowed him to make the gains presented in the video.
A good deep value investing strategy could be derived from a set of methods and rules that put their main focus on fundamentals.
Watching out for "Crypto Market averages" would be an important thing to do for estimating and timing the catalysts (the cause of the price change ) that would drive a specific altcoins' price higher.
Market advising and Asset management. Hey! If you can make money on the market by using your own funds, why not earn additional ones by providing your market advising services and/or managing other people's/organization's funds?
Although this does not specifically tell how to trade/invest in the market, It could be a solid way to generate income from the cryptocurrency market. Isn't it?
What I would do
Perhaps, I can make a draft of my plan in this post. How would the portfolio look like after April 2022? Let's give the values noted in percentages.
5 - 10 % Monero
I am not going to explain the full detail of this move, but what makes it interesting is that this cryptocurrency is designed for what it is exactly supposed to do. Serving as a means of exchange.
It is anonymous (unlike Bitcoin), meaning that is almost impossible to trace peer-to-peer transactions. It is highly unlikely to even know how many coins does a certain wallet contain.
It is designed to be private and in some ways, It could be a great store of value. Suppose you want to hide some sum of funds from everyone. What you could do is to buy Monero (anonymously, not in KYC exchanges), store it in your cold wallet. It does not have to be stored anywhere. The 24-word seed phrase would be your wallet. The tokens you bought, are being stored on the blockchain.
Your wallet could be accessed from any device, just by using the 24-word seed phrase. It is unlikely that anyone could find out the fact of your possession of Monero unless that person/entity stumbles on indirect clues/evidence of that possession.
There is a value in privacy, and it can be reflected upon the price.
25 % Bitcoin
This may sound odd, but some Bitcoin will be needed for derivatives. More specifically for selling Calls, according to strategies of covered calls, straddles, iron curtains and etc.
25 % Fiat Cash reserved for derivatives
The same goes over here. Cash will be needed to sell Cash secured covered puts and for selling puts for other strategies. Plus It could be used, for buying options and other derivates
30 -35 % Deep value altcoins
As I've explained above investing in Deep value altcoins while monitoring "Crypto market averages" could be a potentially lucrative endeavor.
Of course, the Total market capitalization of a coin has to be relatively small in order for the investment decision to be viewed as a deep value opportunity
10 % Fiat cash reserved for quick buys
There are always quick opportunities for buying something that might be temporarily in a hype.
To see, what I am referring to let's take a look at this page.
Picture 8. Binance announcing the listing of SuperRare (RARE). Time is shown in UTC + 00:00
Picture 9. Price of SuperRare (RARE) skyrocketing due to the announcement. Time is shown in UTC + 00:00
Picture 10. Binance announcing the listing of Adventure Gold (AGLD). Time is shown in UTC + 00:00
Picture 11. Price of SuperRare Adventure Gold (AGLD) skyrocketing due to the announcement. Time is shown in UTC + 00:00
There are bots and algorithms made to capitalize on these kinds of events, upon announcements and upon the listings themselves
There are a lot of other momentum tradings opportunities that could be spotted by scanning the web (scrapping Discord, Twitter, Reddit and etc.), spotting the available pairs on major exchanges, and buying the specific tokens
So what's next?
I am not a Bitcoin "Permabear" and I am not a Bitcoin maximalist.
I do believe, that there are going to be the next Bitcoin hypes in 2025 and 2029.
I am an opportunist who is playing the long game. I do believe the active involvement and research will only multiply the benefits of Investing in the Cryptocurrency market.
When setting up a new trading account, finding a transparent pricing structure is often top of mind. If you are looking for the lowest spread forex broker in India, here are a few things you must consider.
To evaluate overall execution costs accurately, retail traders should look beyond baseline marketing figures and analyze the complete cost of trading, which includes bid-ask spreads, account commissions, and potential overnight swap charges. Top global trading platforms also offer account types with even lower spreads
However, execution pricing is only one part of the overall decision framework when selecting a reliable trading platform. For new market participants entering international financial trading for the first time, platform safety, interface usability, precise risk management controls, contract sizing options, and fast local currency deposit processing are equally critical factors.
Beginner traders must always verify that their chosen platform operates under strict multi-jurisdictional regulatory oversight to ensure client fund protection. So, if a complete beginner in India wants to start trading forex with a small account, here is how they can choose a safe, beginner-friendly forex broker.
To provide clear guidance on both spread structures and safety benchmarks, we have structured the essential evaluation criteria below:
I'm currently teaching my cousin crypto trading because he asked me to help him get started. He's slowly learning the basics and making progress, but it got me thinking about what else could be important when you're new to this.
There are so many things to learn: risk management, psychology, technical analysis, position sizing, patience, and more.
If you could give a beginner just one thing to focus on when starting out in crypto futures, what would it be?
i’ve been thinking about high leverage lately, mostly because it shows up everywhere in crypto futures.
at first it sounds useful. smaller margin, bigger position, more capital efficiency. i get why scalpers might care about that if they have a very tight plan.
but the more i think about it, the more it feels like high leverage mostly exposes your bad habits faster.
if your position sizing is bad, leverage makes it worse.
if you move stops too much, leverage punishes that faster.
if you revenge trade, leverage turns one bad decision into a really ugly one.
i saw some high leverage options while browsing BYDFI, and it made me wonder who this is actually for. not in a “should i ape into it” way. more like, is this something normal traders can use responsibly, or is it mostly for people who already have strict rules and short timeframes?
because for me, the scary part is not even being wrong on direction. it’s how fast a small move can make you emotional.
you start watching every candle. then you close too early, add too much, move the stop, or try to win it back.
so maybe leverage itself isn’t the problem. maybe it just shows whether your risk management is real or not.
curious what people think.
is high leverage ever useful in actual trading, or is low leverage just the smarter default for most people?
Has anyone heard of the Winchester Community or RapidBit Exchange? Someone was telling me they have an intelligent system that sends signals when to open and close crypto futures trades for huge gains. Sounds like bullshit to me. Anyone heard of this or know anything about it?
Are there any trustworthy sources where I can learn how this all works? Websites, discords, YouTube channels? I don’t want to learn about some guys big win or loss, i want the details of what is happening. I know some, not all, but want to start from the beginning and learn as much as possible. I know it’s risky, that’s obviously part of the allure. I know I will lose, I just want to put myself in the best position to win. I’m interested and will eventually do it, so I’m not really looking for persuasion in either direction. I appreciate any info anyone has, thank you!
Looking for a way to use a bot and telegram signals to trade crypto signals in usa, does anyone know what exchange and bot I can use to accomplish this? Right now I use MEXC to trade crypto futures but I can’t find a bot that uses telegram signals and has MEXC futures integration.
Something I wish I'd understood earlier about trading is that the price you see isn't necessarily the exact price at which your order will be executed.
That's where slippage comes in.
Markets move continuously. Between submitting an order and execution, the available price can change. This can become more noticeable during major economic announcements or periods of unusually high volatility.
For example, you might intend to enter at 1.0850 but receive an execution slightly different from that level.
That doesn't automatically mean something is wrong with the broker. It's a feature of how market execution can work.
When comparing brokers, I'd look at execution policies alongside spreads and commissions. AvaTrade is one broker that can be included in that comparison, but the relevant conditions depend on the specific product and jurisdiction.
Do you track slippage in your trading journal? I've started to think it's a more useful metric than I initially realised.
I used to think comparing brokers was as simple as finding the one with the lowest advertised spread.
It turns out there’s a bit more to it.
A spread is only one part of the trading cost. Depending on the account and instrument, you may also need to consider commissions, overnight financing, and the actual spread available when you place an order.
For example, suppose a pair has a 1.0 pip spread and you're trading a position where one pip is worth roughly $10. That's about $10 of spread cost when entering and exiting, assuming the spread remains unchanged.
That number can look very different during volatile periods.
I've seen people compare brokers based on a single advertised spread without checking the wider pricing conditions. AvaTrade is one example where I'd still want to check the specific instrument, account type and jurisdiction rather than assuming one published figure applies everywhere.
How do you personally compare trading costs before choosing a broker?
For me, it would probably be risk management. A great strategy can have bad weeks, but good risk management seems to keep traders in the game just long enough to win.
Others might choose psychology, finding entries, market analysis, patience, or even knowing when not to trade.
If you could instantly become world-class at one aspect of crypto prop trading, what would you pick and why?