DuDex introduces Risk Manager so that Traders can reduce risk involved with trading
In a world of massive price volatility of cryptocurrencies and the promotion of high-risk products by exchanges, DuDex is bringing a product that the trader actually needs. Crypto derivatives exchange, DuDex, has introduced a Risk Manager which allows a trader to build profitable strategies built on the fundamentals of Risk management.
Risk Management is essential for every trader. With Risk Manager by DuDex, traders can easily manage the risk of their account equities, with adjustments to Entry, Stop Loss, Position Size/ Equity risked with the “One Click” trading execution. With the product’s lowest setting (0.25% Risk) a new trader can sustain 20 losses in a row and only lose 5% of account equity.
CEO of DuDex, Mr. Bo Wang spoke about the innovative impact the Risk Manager,
“This is exactly what the industry needs – more products to help users manage risk. The feedback has been sensational and the exchange results are exceptional. DueDEX traders risk less per trade and have become more profitable since the introduction of the tool.”
“User experience is everything, and we expect to add more unique features and increase access to trading tools that assist traders in profitability and risk management in the future. We believe if we continue to deliver unique and high quality products the exchange will continue to grow and position as a market leader through 2020.”
With the Risk Manager, traders can see exactly how much they risk with their set-ups and can better identify market opportunities based on their unique risk profile. Traders can also use the tool in conjunction with Technical analysis which enables traders to “visualize” the trade.
To show traders the Risk Manager in action, DuDex is giving a $200 bonus so traders can safely try out Risk Manager and see the benefits for themselves.
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