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by rohitgoyal 2653 days ago
>Why the focus on crypto...

We started with cryptocurrency because of our personal experience in cryptocurrency trading as we had to stay awake sometimes to close our positions, we missed trading opportunities with manual trading. We felt the infrastructure is much more limited for cryptocurrency trading since it is new and majority of the trading is done by individual vs institutions compared to other asset classes. Also the market inefficiencies are greater in cryptocurrency trading and individual traders or small shops have higher chances of building profitable strategies where they don’t have to compete with HTF at the moment.

>Why mention 1000s of currency pairs...

You are right. 90% of the trading happens on just top 20 coins but since our users requested other pairs we added them.

>Where's your education section...

Point well taken. We are already producing content on the education side. https://medium.com/mudrex/tagged/learning We are planning to launch a more formal education section for new traders.

>Saying you're democratising something...

Right now traders are dependent on coding skills and capital to set up infrastructure to automate trading. For example a person with a balance of $1000 can’t get into it.

>You've probably built something really cool...

Your concerns are valid. We are doing webinars, writing blogs and trying our best on this side and will do things as time progress. https://mudrex.com/indicators https://medium.com/mudrex/managing-risk-while-trading-4c1455...

>There's huge room for a profitable business...

This is exactly what we are going to build. We are working on a code editor where people would be able to build their custom logic while keeping the simplicity of the platform same for everything else. On a high level our objective will remain “building tools traders need in their automated trading”.