Blog & Resources

Relative Strength Index (RSI) is a key tool for traders to identify overbought and oversold conditions in the market. It helps you understand whether a crypto asset is priced too high or too low based on recent price movements. This makes RSI essential for spotting trading opportunities and avoiding costly mistakes.

The Fair Value Gap (FVG) is a price gap that occurs when there’s a sudden shift in market momentum, causing an imbalance between buying and selling. This creates a gap in the price chart, where price action moves too quickly to fill the area. These gaps often act as important support or resistance levels, and identifying them can give you a significant edge in your trading strategy.

Leverage trading in crypto means borrowing money to trade larger amounts than your own capital can cover. This can boost your potential profits, but it also comes with bigger risks. For example, using 2x leverage means you can trade twice the amount of money you put in. If the market moves in your favor, you could double your profits, but if it moves against you, your losses can be twice as large. In fact, 70% of traders who use leverage without proper risk management end up losing money.

Setting up multiple monitors for crypto trading is a smart way to level up your trading game. Studies reveal that using two or more screens can boost productivity by up to 42%, and for traders like you, this can make a huge difference. A multi-monitor setup allows you to track multiple charts, trading platforms, and news feeds all at once, ensuring you stay ahead of the market.

A trading setup is your game plan for the market. It tells you exactly when to enter or exit a trade, how to manage risks, and what conditions must be met before you act. Having a setup isn’t just helpful-it’s essential. Studies show that traders with a clear trading setup are 40% more likely to make consistent profits than those who trade impulsively.

Charles Schwab has not yet fully embraced direct cryptocurrency trading. Instead of letting you buy and sell coins like Bitcoin or Ethereum directly, Schwab offers indirect exposure through cryptocurrency-related investment vehicles such as ETFs and mutual funds. This means you can still benefit from the rise of digital currencies, but without directly trading them yourself.