Book Image

Zero to Hero in Cryptocurrency Trading

By : Bogdan Vaida
Book Image

Zero to Hero in Cryptocurrency Trading

By: Bogdan Vaida

Overview of this book

In today's fast-paced digital age, cryptocurrencies have emerged as a revolutionary financial asset class, capturing the attention of investors and traders worldwide. However, navigating the world of cryptocurrency trading can be overwhelming for beginners. Zero to Hero in Cryptocurrency Trading acts as a guiding light to navigate this complex realm. This comprehensive guide to cryptocurrency trading empowers you to go from a novice trader to a proficient investor by helping you implement your own trading strategy. As you progress, you’ll gain structured trading knowledge through hands-on examples and real-time scenarios, bolstered by trading psychology and money management techniques. You’ll be able to automate your manual trades with an algorithm that works even while you sleep. You’ll also benefit from interactive teaching methods, including screenshots, charts, and drawings to help decode market operations and craft your unique edge in the dynamic crypto world. As an added bonus, you’ll receive ready-to-use templates to identify useful indicators, test your strategy, and even maintain a trading journal. By the end of this book, you’ll be well-equipped to trade cryptocurrencies and automate manual trading to give you an edge in the markets.
Table of Contents (13 chapters)
9
Chapter 9: What’s Next?

Summary

In this chapter, I helped you navigate through the complex landscape of developing and implementing a robust trading strategy, right from understanding the system’s essentials to conducting backtests, forward tests, and even paper trading before plunging into the live market scenario.

My goal for this chapter was to ensure you gain a comprehensive understanding of trading strategy development, with a particular focus on identifying trading patterns, defining critical entry and exit points, evaluating strategies via backtesting and forward testing, simulating real-time trading through paper trading, and finally, applying the tested strategy in live action.

In the next chapter, we’re going deep, right into the art of coding and automating your strategy. Prepare for the geeky part of the trading process.