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Market mechanics

Trading Fundamentals

The mechanics of crypto markets: order types, fees, liquidity, risk management, and the discipline that separates trading from gambling.

12 guidesabout 67 min total
Start with guide 1
  1. 1

    How Crypto Markets Work

    Order books, market makers, 24/7 trading, and how prices actually form across venues.

    5 min read

  2. 2

    Order Types Explained: Market, Limit, Stop

    Every core order type with concrete examples, and which to use when. The cost of market orders in thin books.

    5 min read

  3. 3

    Reading an Order Book and Depth Chart

    Bids, asks, spread, and depth. Spotting walls and thin liquidity before they cost you money.

    5 min read

  4. 4

    Liquidity, Slippage, and Spread

    Why your fill differs from the quoted price and how position size interacts with liquidity.

    5 min read

  5. 5

    Position Sizing and Risk per Trade

    The 1-2% rule, why sizing beats stock-picking, and the arithmetic of drawdowns.

    5 min read

  6. 6

    Stop-Losses and Take-Profits Done Right

    Placing stops that survive noise, trailing stops, and the psychology of honoring them.

    6 min read

  7. 7

    Spot vs Futures vs Perpetuals

    The instrument landscape: what perps are, funding rates, and why leverage liquidates beginners.

    6 min read

  8. 8

    Understanding Leverage and Liquidation

    How margin works, liquidation price math, and why high leverage is a fee-generation machine for exchanges.

    6 min read

  9. 9

    Dollar-Cost Averaging: Strategy and Limits

    DCA mechanics, when it outperforms lump-sum, and honest limits of the strategy.

    6 min read

  10. 10

    Trading Psychology: FOMO, Revenge Trades, and Discipline

    The behavioral failure modes that empty accounts, and process fixes that actually work.

    6 min read

  11. 11

    Building a Written Trading Plan

    Entry/exit criteria, journaling, review cadence. A template you can copy.

    6 min read

  12. 12

    Crypto Market Cycles and Halvings

    Bull/bear structure, the halving narrative, and what cycle history can and cannot predict.

    6 min read