2. Glossary
HODL - hold a position.
Margin Trading - when you trade on money that you took in credit
Bullish trend - uprising trend
Bearish trend - falling trend
Short - operation when you get profit from price falling (credit operation)
Long - operation when you get profit from price raising
Fiat - currency, the price of which is controlled by an organization, for
example USD, UAH
Retracement - temporary reversal in the direction opposite to the trend
traders slang
3. Glossary
Volatility - the degree of variation of a trading price series over time
Order book - list of sell/buy bids
Candle - figure on plot which shows High, Low, Open, Close prices for some
time period
Intraday trading - trading during the day, mostly on 15m - 1h candles
Speculation - rising money on something without adding real value from
buy/sell price difference, basically all trading is a speculation
Fixation - sell high risky currencies and buy low risky currencies
Whale - trader with very big deposit
traders slang
4. Trading rules
1. Invest money that you can afford to lose.
2. Don’t use credits or margin trading.
3. Leave emotions behind.
4. Trading is a work, not a hobby.
5. Trade based only on your strategy, say NO to spontaneous buy/sell.
6. Don’t leave open positions without Stop Loss. Better fix all positions to fiat
when you leave.
7. Forget about HODL
things that you should always remember
29. Coin Analysis
1. Read Whitepaper & social media
2. Analyze competitors (not only in blockchain area)
3. Analyze team, their profiles, experience in the area
4. Analyze market capacity & real value from coin
5. Look at supporting platforms, exchange markets and companies
6. Look at currency volatility, capitalization and grow over 1, 3, 6 month
7. Look at overbought percent on the same periods
8. Look at number of transaction/sec, number of new blocks/hour, and
number of miners
31. Tradingview.com - Plots, indicators, strategies, news, prediction.
Great tool
Whaleclub.co - Here you can try trading on demo account (DO
NOT TRADE on real money here)
Localbitcoins.com - Here you can buy bitcoins with fiat
Exchange markets:
Binance.com
Poloniex.com
Cryptopia.co.nz
Wex.nz
btc-trade.com.ua
kuna.io