What are the best expiry times for trading digital currencies on nadex?
Erikson Ramon Ferreira DuarteDec 27, 2021 · 3 years ago3 answers
I'm new to trading digital currencies on nadex and I'm wondering what are the best expiry times to consider. Can you provide some insights on the optimal expiry times for trading digital currencies on nadex?
3 answers
- Dec 27, 2021 · 3 years agoThe best expiry times for trading digital currencies on nadex depend on various factors such as market volatility, trading strategy, and personal preferences. Shorter expiry times, such as 5 minutes or 15 minutes, are often preferred by day traders who aim to capitalize on short-term price movements. On the other hand, longer expiry times, such as 1 hour or 4 hours, may be more suitable for swing traders who seek to capture larger price swings. It's important to analyze the market conditions and align your expiry times with your trading goals and risk tolerance.
- Dec 27, 2021 · 3 years agoWhen it comes to trading digital currencies on nadex, there is no one-size-fits-all answer to the best expiry times. It ultimately depends on your trading style and goals. If you're a short-term trader looking for quick profits, you may prefer shorter expiry times like 5 minutes or 15 minutes. However, if you're a long-term investor looking to hold positions for days or weeks, longer expiry times like 1 day or 1 week may be more suitable. It's important to experiment with different expiry times and find what works best for you.
- Dec 27, 2021 · 3 years agoAs an expert in the field, I can tell you that the best expiry times for trading digital currencies on nadex can vary depending on the market conditions and your trading strategy. However, it's generally recommended to consider shorter expiry times for day trading and longer expiry times for swing trading. For day trading, expiry times like 5 minutes or 15 minutes can provide opportunities to capitalize on short-term price movements. For swing trading, expiry times like 1 hour or 4 hours can allow you to capture larger price swings. It's important to adapt your expiry times based on the current market conditions and your trading goals.
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