Conscious Trading With the 1ex Trading Board: How One Company Managed to Solve Traders’ Main Problem

Cryptocurrency trading is one of the most profitable ways to earn money with digital assets, but it is also one of the most psychologically challenging.

Without a deep understanding of the market, a conscious trading strategy, and proper risk management, traders are simply doomed to face liquidation and deposit losses. In August of this year alone, liquidations on exchanges exceeded $1 billion, and on October 10, the largest ETH liquidation occurred, with traders losing over $32 million.

All these problems could have been avoided if market participants had more accurate data on price movements and tools that could precisely determine coin value levels. 1ex Trading Board has already launched a tool that can completely change the perception of trading, making it safer and more efficient. Read below about how this company is revolutionizing the trading market.

Don’t Just Focus on Avoiding Losses; Aim to Earn

In the professional trading community, a prevailing belief asserts that one cannot learn to trade effectively without experiencing significant financial losses. Traders often associate losses with inexperience, impulsiveness, fear of loss, and FOMO (fear of missing out). Consequently, they recommend learning from their own mistakes as a crucial step towards recovering lost funds in the future.

We strongly disagree with this approach. Individuals should not have to lose deposits due to ignorance or a lack of understanding of the market, their emotions, or erroneous advice. We are pioneering a new form of market-human relationships, where traders are no longer obligated to sacrifice money and health to learn how to earn through trading.

Our tools aim to enhance trading efficiency, promote consciousness, and, consequently, improve overall effectiveness,” explains Dmitriy Litvinov, co-founder and CEO of the company.

Until today, traders relied solely on historical, or ‘dead,’ market data: candlestick charts, price cyclicality, and other traditional indicators depicted events that happened in the past with the asset. However, the market is not static; on the contrary, it is constantly evolving and changing.

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Author: BeInCrypto Team

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