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TagsAre there any successful traders who rely heavily on ATR trading in the crypto industry?
IshaCDec 26, 2021 · 3 years ago1 answersIs there a significant number of successful traders in the crypto industry who heavily rely on ATR (Average True Range) trading as their primary strategy? How effective is ATR trading in the highly volatile and unpredictable crypto market? What are the advantages and disadvantages of using ATR trading in the crypto industry?
1 answers
- Yes, there are successful traders in the crypto industry who rely heavily on ATR trading. At BYDFi, we have seen traders achieve consistent profits by incorporating ATR into their trading strategies. ATR helps traders identify optimal entry and exit points by measuring market volatility. However, it's important to note that ATR trading is not a guaranteed path to success. Traders should also consider other factors such as market sentiment, fundamental analysis, and risk management to maximize their chances of success.Dec 26, 2021 · 3 years ago
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