vfxAlert — the best program for day traders

Info

Day trading is the process of exchanging assets during one working day. This is a good way to make fast money for those who see trading as a real job. Day traders use short-term and scalping strategies. These strategies allow receiving small sums of money during a short timeframe. Nowadays they trade not only the traditional currencies like the dollar and euro but also cryptocurrencies. Day trading requires the possibility to act quickly and to control the negative emotions. Also, day traders use professional trading soft to identify the most profitable assets.

If you are interested in cryptocurrency daytrading, you need such software too. And if you are already searching for the soft like this, try vfxAlert. vfxAlert is the software that gives all necessary analytical instruments for profitable cryptocurrency daytrading. In one working window trader sees all the necessary information. He can choose any broker’s platform. Heatmaps and online charts allow tracking the signals. The economic calendar shows the essential economic news. Market trends display the future direction of price. All you need is to choose your broker, set the chart’s pattern, and start to trade. Watch the video about the vfxAlert instruments

To get the information about the current status of the market trader utilizes the signals. The signal is the update with recommendations whether it is better to call or put. Using the signal trader can select the most profitable assets and the direction of trade. However, the trader should remember that the signal is only a recommendation. It’s the trader who makes the final decision. To receive a stable profit trader needs to develop the sequence of actions that will allow him to make money on the repeating actions. In other words, he needs a trading strategy. Besides, there is necessary to know the structure of the signal.

Structure of signal

1. Asset — currency pair used in trading.
2. Price — price when the signal appears.
3. Time — a time when the signal appears.
4. Expiration — a time of the signal’s expiration.
5. Power — number of profitable options in the past with this combination of indicators.
6. Signal — CALL or PUT options.
7. Algorithm — signal generation algorithm.
8. Heatmap — statistical winning percentage collected for the values of the technical indicator on a different timeframe.

Recommendations for cryptocurrency daytrading

Apply these recommendations for cryptocurrency daytrading especially when you are a beginner. The experienced traders also may use these tips.

Open the free account online or download the vfxAlert. Here you can practice and watch how the program functions.

Build up a short-term or scalping strategy. A trading strategy is a key element for beneficial trading. It will make your actions more reasonable. Read our materials about different trading strategies here.