OVERVIEW As 2024 comes to an end, we are proud to present another successful year for Sofex Algorithms and the Sofex ecosystem as a whole. Our flagship algorithms for Bitcoin and Ethereum have concluded the year profitable. We are preparing…
How to Use Z-Score for Smarter Trading Strategies In trading, success often depends on your ability to predict market movements and manage your capital efficiently. One of the tools that can give traders an edge is the Z-score, a statistical…
Crypto Regulations: How MiCA Will Affect EU Traders In the rapidly evolving world of cryptocurrency, the European Union has taken a significant and important step forward with the introduction of the Markets in Crypto-Assets Regulation (MiCA). This groundbreaking regulatory framework…
The difference between trading and gambling. This article will shine a light on the most frequent mistakes that traders make. These mistakes blur the thin line between trading and gambling. Many people have spoken on this topic, but we truly…
Bitcoin, the revolutionary digital currency, has a built-in mechanism known as “halving,” which occurs approximately every four years, or technically, every 210,000 blocks. The upcoming 2024 Bitcoin halving event is already generating fervour in the crypto community, anticipating profound implications…
In this article, we will explore the top strategies for trading, employed and tested by millions. You don’t need to reinvent the wheel and create brand-new strategies to be a successful trader. You must, however, learn from the best. All…
What is position sizing & why is it important? Position size refers to the amount of risk – money, contracts, equity, etc. – that a trader uses when entering a position on the financial market. We assume, for ease, that…
What is “repainting”? Why is it important that the script you use does not do it? Repainting, generally, is re-drawing or changing visual properties.In the context of technical analysis and charting, repainting means the change of historical data, such as…