The number 1 analysis and logging tool for crypto traders?

What is CoinMarketManager (CoinMarketMan)?

Created in 2018CoinMarketManager account 50 million transactions synchronized on the platform. More than $200 million in assets tracked And 51,000 users.

CoinMarketManager is an automated logging and analysis tool for cryptocurrency traders. This tool allows you to make better decisions by trading by analyzing and identifying our strengths and weaknesses through analysis.

The platform is designed to help every trader gain trading skills by offering an automated portfolio monitoring and real-time market analysis solution.

Automated logging

CoinMarketManager allows you to automatically synchronize your transaction history through read-only API keys and obtain an analysis of its positions. This makes it possible to detect its strong points, its weak points and the strategies which help us the most.

Real-time analytics

This tool provides access to analysis of its strategies real-time trading. This functionality is ideal for traders who take very short-term positions (day trading and intraday) and who wish to monitor the progress of each of their positions.

A user profile

In addition to allowing you to analyze your trades, CoinMarketManager also allows you to create a personal page. This personal page can be personalized, present the data of our choice (capital, profit, current trades, etc.) and be shared with our friends and subscribers in real time.

CoinMarketManager has 3 main features:

• Journaling
• Analysis
• Live tracking

These 3 features are essential in trading and work as follows:

Journaling

Through an automation-based system, CoinMarketManager makes our trading log more professional by recording our daily transactions automatically. This allows us to analyze the performance of our strategies, improve them and know our success rate.

This functionality is interesting for documenting your trading and defining your strengths and his weaknesses. As well as to track the mistakes we make most often and to learn to manage our emotions and risk.

To use this feature, you must:

• Step 1 : Connect the exchanges you use to CoinMarketManager using simple API keys. At the time of writing this article, it is possible to connect your account Bybit, Binance or Bitmex.
• 2nd step : Create some notes to document your trades with graphs and keep a history of your transactions. Create tags to identify your trades and find your way more easily when analyzing your strategies. Identify your winning and losing positions in order to identify the bridges to improve.
• Step 3: Once these 2 steps have been completed, all that remains is to analyze trading reports. This allows you to know your performance, your average risk, your most effective strategy and your potential losses.

Detailed analysis

Detailed analysis allows you to monitor the balance you hold on a platform specializing in cryptocurrency trading as well as our Global NLPboth in BTC and in FIAT. This interface allows you to view our deposits and withdrawals, and monitor all our active positions from one place.

From this interface, it is possible to:

• Get a chart for each execution of a trade with its entry and exit point
• Consult an estimate of your latent profit
• Monitor the evolution of the price of a cryptocurrency
• Accurately analyze the performance of each transaction in progress.

Live tracking

After connecting your accounts to CoinMarketManager, it is possible to create a live tracking page that can be shared with subscribers, on social networks or even to friends.

This page can be personalized and allows you to display great transparency with those around you. From this page, all of our transactions can be monitored in real time.

How CoinMarketManager optimizes crypto trading?

CoinMarketManager is a tool that is mainly used to record, track and analyze the trading decisions that one may make on a daily basis.

Here are some points that make CoinMarketManager optimize cryptocurrency trading:

• Performance monitoring: A tool like this allows you to track your results objectively and record the profits and losses you make while recording the associated context. This helps evaluate the effectiveness of our trading strategies.
• Decision analysis: By writing down the reasons for your decision-making, you can identify the thought patterns that lead you to make or lose money.
• Managing emotions : Trading is an activity that can be emotionally difficult. A tool like CoinMarketManager helps distinguish decisions based on emotional reactions from rational, strategic ones.
• The amelioration keeps going : By regularly reviewing your journal, you can identify recurring mistakes you make and areas for improvement you can work on.
• The responsibility : Keeping a trading journal on a tool like this makes you more accountable for every action you take in the markets. This can encourage each trader to have a more serious and thoughtful approach.

Using CoinMarketManager is a good way to bring some structure and analysis to your trading activities.

CoinMarketManager Pricing

CoinMarketManager works through a subscription system. Before subscribing to one of the paid subscriptions, you can test all the features of the tool free of charge for 14 days.

Here are the 3 subscriptions available:

• Basic (free)
• Professional ($69.99)
• Business ($89.99)

Free account vs paid account

Here are the features that you can unlock by subscribing to one of these 3 accounts:

Security and Privacy

On the company’s website, CoinMarketManager states that it takes the subject of security and confidentiality very seriously. The platform will not ask you Never your personal data beyond an email address.

All your exchange data is synchronized using keys Read-only API. API keys with deposit or withdrawal capabilities are refused. In addition, CoinMarketManager does not need the private key of your wallets to analyze your transactions.

If necessary, it is possible to DELETE all the data in your account in just a few minutes. This concerns wallets, platform connections and transactions.

Advantages and disadvantages of CoinMarketManager

Interested in CoinMarketManager? Here is a summary of the advantages and disadvantages of the tool:

Benefits

• ✅ Simple to use
• ✅ Free subscription
• ✅ Replace the more traditional trading journal
• ✅ Positive reviews

Disadvantages

• ❌ You must purchase a subscription to unlock all features
• ❌ It is not possible to place transactions directly from CoinMarketManager

User feedback and reviews on CoinMarketManager

CoinMarketManager user reviews are overall positive. Users highlight the simplicity with which it is possible to use the tool. Customer service seems to be reagent and takes user feedback into account to improve the tool.

Some users specify that CoinMarketManager not suitable for all traders. As they prefer to develop a tool themselves rather than paying a subscription.

Our general opinion on CoinMarketManager

Since CoinMarketManager is complete, simple of use And compatible with cryptocurrenciesour opinion on it is positive.

The tool is ideal for traders who want to follow, analyze And to optimise their trading transactions in order to improve their skills.

The price of the professional subscription can be a barrier for beginners and for those who have little capital.