How to trade on your favorite cryptocurrencies with the Markets Legion apps

To provide a unique trading experience, Markets Legion is relying on Sirix, a proprietary trading software promising both a user-friendly interface and a generous set of built-in features. Although customers continue to offer positive feedback on the platform, sharing tips on how you can use the Android and iOS apps to trade your favorite cryptocurrencies is essential to helping you fully leverage all the benefits this platform has to offer.

Set up charts with desired indicators and drawing tools

One of the first things to do after logging in, is to start setting up charts according to your trading strategy. Even though a smartphone or tablet offer less real estate in terms of screen size, that does not mean there are any limitations on how many different indicators you can plot.

Same as on a desktop or laptop, the marketslegion.com apps cover all the technical indicators, including moving averages, oscillators, and at the same time, multiple drawing tools.

Create a favorite asset list

Since there are over 100 different cryptocurrencies part of the company’s offer, it would be difficult for you to constantly keep track of them all. For traders that have priorities and want to focus only on a pre-determined number of crypto assets, both apps offer the ability to create a favorites list.

This way, you can choose to see only how your target cryptocurrencies are performing and at the same time, view their respective charts without having to search through a long list of assets. Constantly jumping from one cryptocurrency to another is not a suitable approach, since each token has different factors that can have an impact on its price.

It is much better to trade the same assets and adjust the list quarterly, annually or each time there is a major shift that will require you to focus on other, more active cryptocurrencies.

Place pending orders while away

Although some traders are able to spend a lot of their time in front of the charts, that’s not an option that is suitable for everyone. Many have a full-time job and would need to trade in-between or after their working hours. When faced with limited time and availability, placing pending orders is one of the best ways to ensure you do not miss accurate entry locations.

With the Markets Legion apps, it is possible to place buy/sell limits or buy/sell stops around support/resistance areas, where larger market moves could start to unfold. It is important to master technical analysis to find those spots, but once that’s been dealt with, pending orders can be very useful tools.

Monitor trades as frequently as possible

The main function of mobile trading is to complement your desktop or laptop trading setup, especially while on the go. As a result, if you carry your phone with you at all times, it is important to take advantage of the apps available at marketslegion.com and monitor your trades as much as possible. Due to increased volatility, prices can start moving countertrend fast, and only by keeping an eye on opened positions will you be able to get out or reduce exposure without sacrificing profitability.

Summary

On Android or iOS, trading with the Markets Legion apps is convenient for all traders, even if you are just getting started. Both solutions are user-friendly and lightweight, which means there is no need for advanced hardware to use them properly.

Sirix continues to be a platform that’s embraced by a growing audience of traders and since the marketslegion.com offer is relying on it, the end-user is the biggest beneficiary. All these tips are to be followed should you want to take advantage of the mobile trading features efficiently.