The Veles team has prepared several spot trading setups that performed well over a year period. All indicator signals have been tested using Veles technology. TON Spot A channel bot with frequent trades that gains position in the 9% grid. Average time in a position: 1 day Maximum time in a position: 11 days Annualized return: 105% PnL Bot customization Annual performance ETH Spot The… Read More »A selection of Veles Spot Bots
orders. It is with the help of them that traders carry out their transactions, and it is for their use that they pay a commission to the exchange. An order is an order that a trader sends to a trading platform to fulfill their need to buy or sell. The order can be executed at this second or in the future. These criteria depend on… Read More »Market and limit orders. What is the difference and which is better?
Modern technology opens up new opportunities for traders to make profits in the financial markets. One of the key tools that can significantly improve trading efficiency is algorithmic trading. In combination with careful backtesting of trading strategies, this approach gives traders tangible advantages over manual trading. Fundamentals of algorithmic trading Algorithmic trading is the process of making trading decisions and executing them with the help… Read More »Automate your success: How to use algorithmic trading and backtesting to increase profitability?
Cryptocurrency exchange OKX and trading algorithm platform Veles have launched a joint promotion for traders, in which the first 200 winners will receive 50 USDT each. This promo-company will encourage you not to postpone your trading decisions for later, but to start testing your trading algorithm now with the help of backtests on Veles platform and start receiving passive income tomorrow. To participate in the… Read More »Get USDT per trade turnover on OKX
The development of Web3 and meta-universe technologies has an ever-increasing impact on cryptocurrency markets. These new trends open up new perspectives for traders and investors, as well as generate new risks and opportunities. Web3 is a concept for the next stage of the internet, based on decentralized technologies such as blockchain. It proposes a more open, transparent and user-centered internet where people will own their… Read More »Impact of Web3 and the meta-universe on cryptocurrency markets
Nowadays, there is plenty of information about trading. More and more young market participants want to test themselves in this difficult craft, and most importantly, to gain a foothold in it at a distance. But in order to get a stable income from trading on the exchange, it is necessary to understand where the trader is and in what vector he needs to move. To… Read More »Stages of trader development
An important part of trading is the introduction of personal trading statistics. It is thanks to this that a trader realizes when he should work on his mistakes, and when, on the contrary, he should start using more volume than he had before. Without the introduction of statistics, profitable distance trading is impossible and never will be. Cumulative profit is a visual reflection on the… Read More »What is cumulative profit for and how should it be tracked?
Everything finds harmony when the right components are selected. This is why premium cars, yachts or private planes cost so much. In trading, you also need harmony to make money over a distance. A trader needs both internal harmony (a calm state of mind when he trades) and harmony in trading (correctly placed stop loss, calculated profit and correct bases). Veles is a multifunctional platform,… Read More »Veles platform as a constructor for bot creation
Crypto assets can be compared to children. Like all children, they have a mom and a dad. Mom is ETH. The main altcoin, with which the alt season starts and which is fundamentally fixed in our investment thoughts. Dad is BTC. The asset that needs no introduction represents a kind of a guide for the entire crypto market, which sets trends and holds most of… Read More »Correlation in the cryptocurrency market
The market is a cyclical phenomenon that has not been broken and will never be broken. An absolutely living organism whose lifeblood is money. First, let’s start with a definition – what is an “alt season”? It’s a market cycle when major capitals are focused on altcoins after fixations on bitcoin. In the cryptocurrency market, the asset-to-asset path of money is already entrenched. At the… Read More »When and why does the altseason happen?