How can I use Finviz to find profitable options trading strategies for cryptocurrencies?
Batsal ShresthaDec 26, 2021 · 3 years ago1 answers
Can you provide a detailed explanation on how to use Finviz to find profitable options trading strategies specifically for cryptocurrencies?
1 answers
- Dec 26, 2021 · 3 years agoOf course! Finviz can be a valuable tool for finding profitable options trading strategies for cryptocurrencies. Here's how you can use it: 1. First, go to the Finviz website and sign up for an account if you don't already have one. 2. Once you're logged in, click on the 'Screener' tab at the top of the page. 3. In the 'Descriptive' section, you can set filters to narrow down your search. For example, you can filter by market cap, volume, or price. 4. In the 'Technical' section, you can apply technical indicators such as moving averages or RSI to further refine your search. 5. In the 'Fundamental' section, you can set filters based on fundamental data like EPS or P/E ratio. 6. After setting your filters, click on the 'Charts' tab to see a visual representation of the cryptocurrencies that meet your criteria. 7. Analyze the charts and look for patterns or trends that indicate potential profitable options trading strategies. Remember to always do your own research and consider other factors before making any trading decisions.
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