A really good platform for
newbs like me to trade on is called
3commas.
3commas is an API based trading platform that automates trades for you quickly and smartly, so you don't have to give them complete access to your exchange account, only the api key which handles trades only, not withdrawls.
You can "
Smart Trade" your
buy order, take profit, and stop loss all in one trade. So you can plan your trades and then trade your plan.
3commas Smart Trade offers Trailing Buy, Trailing Take Profit and Trailing Stop Loss.
"
Trailing Buy" when activated follows the price down to get the lowest buy prices.
"
Trailing Take Profit" gets activated when it reaches its proper threshold, then the trailing take profit trails as the price movements uptrend, resulting in a higher percentage gained for take profit.
"
Trailing Stop Loss" which when activates, trails upward as the price uptrends resulting as a safety net that results in higher percentage gained instead of loss.
Bot Trading: 3commas offers Bot trading, simple bots for trading single pairs & Composite bots for trading multiple trading pairs.
You can even copy other people's bots that are doing successfully well, at your own discretion of course!
Free account: If you trade on
Binance only, there is a special account that is free, all features except paper trading. Brought to you from 3commas special partnership with Binance.
Courses for newbs: 3commas offers courses now and has tutorials as well by a YouTube account named: mooninpapa
He breaks down all the tutorials real well and offers training courses for newbs.
3commas Platform 3Commas Newbie Trading Tutorials by: mooninpapa
https://m.youtube.com/channel/UCig8XY-gsthRgM-zyv1nx6Q
Always practice your Due Diligence first!