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There is no such thing as best strategy, different strategies fit the needs of different people, you have to pick one that fits your needs as a trader.

According to a new bill passed by the Ukrainian parliament, all crypto assets will be treated legally. The bill was passed with 272 votes “for” and it will significantly ease the usage and distribution of cryptocurrency products in Ukraine. According to authorities, that will allow various...

People fail for many reasons - lack of knowledge, lack of discipline, poor trading choices, poor choice in a broker, and so on, and so forth. The reasons vary wildly.

Not all properly regulated brokers have spreads that high. One just has to be patient when searching for the best possible broker for them.

I really wouldn't call forex trading a simple or easy way to profit. Nothing about it is simple, and most traders don't really profit in my experience.

True. Forex is risky and success is very far from guaranteed. If you trade with such money you're setting yourself up for a disaster, I think.

Back in 2016, Bitfinex, which at the time was one of the most famous crypto exchanges in the world, got hack and the hackers made off with billions of US dollars. Recently, however, the US Department of Justice revealed that they had recuperated some 3.6 billion US dollars of the stolen money...

I agree. Often traders have little support from family members and friends when they first start trading, finding friends online that provide advice and emotional support in one's endeavour can really make a difference.

Indicators can be worth using if one knows good strategies using them. Personally, however, I've only ever used the free indicators that come with my platform.

That is most people's reason to trade forex - profit. There is nothing wrong with it, all people strive to make a living, and forex can be a pretty good way, if one does know how to trade well.

I have never heard of that book. Who is the author, if you don't mind me asking?

True. A trader needs to learn how to bide their time to open new positions - and to close them too, now that I think about it.

I agree. One needs both patience and discipline to trade successfully. If you lose your cool you are likely to lose your money too.

DeFi, by now, has unfortunately become rather notorious with its hacks, thefts and scams problem. This notoriety is bound to get even worse now that news have come out that yet another DeFi protocol became the victim of a major hack. Wormhole, which is a decentralized platform that allows solana...

I agree. The independence that comes with being a successful trader is incredibly liberating. Very few traders are successful quite to that point though.

Most traders are torn between that fear and the fear that they will not profit. It's two opposing forces that drive the vast majority of trading decisions, for better or worse, I believe.

One can learn the theory of it from books, but books alone aren't enough. One needs to actually trade and experience that pressure by themselves to truly understand, I think.

EUR/USD is certainly the most popular but not necessarily the best pair. It really depends on the trader, some people prefer less volatile pairs.

Books can certainly give you a lot of good advice, but it depends on the trader to implement that advice in practice, and that is not as easy as it seems.

The US authorities are preparing to release an executive order about cryptocurrencies that will deal with major issues, such government-wide strategy, digital currencies opportunities, and cryptocurrency risks. For now the details about the order are unclear, but according to latest reports...