Brokers with Crypto trading during the weekends.

Apr 02, 2020 at 10:07
Przeglądane 6,080
15 Replies
Uczestnik z Dec 01, 2014   4 postów
Apr 02, 2020 at 10:07
For the last few weeks I searched a broker that allow Bitcoin trading during the weekends. I fund just two: Jafx and Ava.
Jafx is investigated by US government and Ava which sold my data to some educational company that call me everyday.
Why it's so important to trade during the weekends ?
I have tested my strategies without weekends and strategies that were profitable become unprofitable if I close the trades during the weekends.
Currently I use https://www.mt5bf.com/ to trade on Binance from MT5.
Is there any good broker with crypto trading during the weekends that I missed ?
Uczestnik z Sep 13, 2017   140 postów
Apr 04, 2020 at 12:02
GenesisMarkets
EvolveMarkets.

I use those brokers for data feeds to trade directly at the exchanges https://github.com/fx4btc/MT5-Bridge-Bitmex-Bybit-Binance
Be humble
Uczestnik z Dec 01, 2014   4 postów
Apr 05, 2020 at 10:26
Interesting solution.
If I knew about this I wouldn't waste time implementing all the communication with Binance. :)
I tried Genesis Markets but it seems that they provide the data from Exchange and not from Futures

Do you know if it's possible to use Futures data ?
My concern is that during high volatility we may see big differences between Exchange and Futures. I saw big differences in Futures prices at Bitmex. I think it may happen at binance as well.

Załączniki:

Uczestnik z Aug 25, 2019   28 postów
Apr 07, 2020 at 18:23
It is pretty obvious that trading in the weekends is not a good idea. It is no wonder that you did not find many brokers.Then again for a broker to sell your information is not a good thing to do. That broker should be kicked out of your mind. Just stick to trading on the weekdays. There is no need to take things too far. You may end up getting scammed so be careful.
Uczestnik z Jan 11, 2020   23 postów
Apr 07, 2020 at 19:13
The weekend as the name suggests is the weekend. A lot of trades do not go on during the weekend. Many people take a break on the weekends. Most traders do that and even brokers. Taking a break is a good option. Do not trade tooo much. It takes time to perfect something and you can as weel o it durung the weekdays. Take the weekends to plan yourself for the next week of trading.
Uczestnik z Sep 13, 2017   140 postów
Apr 08, 2020 at 17:23
newtradingfx posted:
Interesting solution.
If I knew about this I wouldn't waste time implementing all the communication with Binance. :)
I tried Genesis Markets but it seems that they provide the data from Exchange and not from Futures

Do you know if it's possible to use Futures data ?
My concern is that during high volatility we may see big differences between Exchange and Futures. I saw big differences in Futures prices at Bitmex. I think it may happen at binance as well.

GenesisMarkets is a broker, so its really up to them to add binancefutures. Will it happen? Probably not in the near future.

As you know, every exchange or futures product will have different price feeds since no orderbook and market participate are the same.
Be humble
Uczestnik z Sep 13, 2017   140 postów
Apr 08, 2020 at 17:24
Gavinrarad posted:
The weekend as the name suggests is the weekend. A lot of trades do not go on during the weekend. Many people take a break on the weekends. Most traders do that and even brokers. Taking a break is a good option. Do not trade tooo much. It takes time to perfect something and you can as weel o it durung the weekdays. Take the weekends to plan yourself for the next week of trading.

Crypto Vs Legacy Markets. Crypto traders are a new breed. 24/7 markets.
Be humble
Uczestnik z Dec 01, 2014   4 postów
Apr 13, 2020 at 08:15 (edytowane Apr 13, 2020 at 08:34)
Dorsin posted:
It is pretty obvious that trading in the weekends is not a good idea. It is no wonder that you did not find many brokers.Then again for a broker to sell your information is not a good thing to do. That broker should be kicked out of your mind. Just stick to trading on the weekdays. There is no need to take things too far. You may end up getting scammed so be careful.

Crypto exchanges are open during the weekends and in the past there where also big moves. My strategies keep orders open for few days so I have to close them Friday because the risk is too high.
If I close the trade Friday all my strategies miss all the moves. At least in the last rally most of the moves were in the weekend.
And for me it makes sense as long as most of the people have jobs and crypto is just a side hobby and they buy or sell when they have time.
Why would I compete with institutional players during the week when weekends have enough volatility.
Uczestnik z Apr 18, 2019   29 postów
Apr 14, 2020 at 19:31
Probably a lot of people were already in your situation and tried to do something with that matter absolutely and possibly. So we need to wait for them, both this options are really not applicable anymore for many things out there. And good luck with this.
Uczestnik z Aug 21, 2020   2 postów
Aug 21, 2020 at 12:41
Cryptocurrency, is not actually regulated yet. That's why all bitcoins owners are not very secure. I would wait until everything will become stable before searching for brokers.
Uczestnik z Jul 06, 2020   8 postów
Aug 26, 2020 at 08:02
I agree with you. Weekends are quite volatile in crypto markets. I use etoro as well as Coinexx specifically for trading Bitcoin and ethereum, although they offer trading in a lot of different cryptocurrencies as well. What I have noticed is that even with a bit of a hype in the market, the prices can either hit the roof or come crashing down. It sure is risky to leave positions open on Fridays.
Uczestnik z Aug 21, 2020   2 postów
Sep 03, 2020 at 12:56
A few weeks ago, bitcoin dropped again. In my opinion, people who actually got something from cryptocurrencies are those who invested in them at the very beginning. Then they sold them and received their real money.
Uczestnik z Sep 13, 2017   140 postów
Sep 04, 2020 at 12:49
New projects are being developed which creates a new cycle of opportunity. Defi hit 10 billion USD in Total Locked Value. It's just the beginning.
Be humble
Uczestnik z Sep 07, 2020   3 postów
Sep 07, 2020 at 12:07
Agree, new projects do create new opportunities for investors. Meanwhile, I noticed that a lot of info keep popping up that a new cryptocurrency project turned out to be a scam.
Uczestnik z Sep 07, 2020   3 postów
Sep 07, 2020 at 14:11
By the way, now, it is risky for new investors. A lot of new crypto coins appear on the market on a daily basis, and some of them just a fraud scheme. You never know what are you getting into. I see in the news quite often, that a cryptocurrency project was a scam. It is personally my opinion, but I would prefer to invest in some real companies by purchasing their shares. A few days ago, I ran into one interesting article about Huawei stock on https://investotrend.com/huawei-stock-can-you-invest-in-it/. Turns out, not all companies are registered on the stock exchange.
Uczestnik z Jul 23, 2020   759 postów
Sep 25, 2020 at 17:33
Ace864 posted:
A few weeks ago, bitcoin dropped again. In my opinion, people who actually got something from cryptocurrencies are those who invested in them at the very beginning. Then they sold them and received their real money.
Crypto are lot volatile than other investment instrumental. Spreads also higher in this regard.
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