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The Cypriot financial regulator CySEC (Cyprus Securities and Exchange Commission) released a newly drafted policy regarding crypto-asset service providers (CASPs) that will cover the specific operations of these entities as well as their registration process.
According to this new policy...
You can't "beat" the market. At best, you can adapt to it and profit off that. If you're a small retail trader, the market will be always stronger than you.
Some people do trade successfully without stop loss though. It's not impossible, nor is stop loss mandatory. Still, if you're not very experienced, it's probably prudent to use it.
I agree. All you will achieve if you revenge trade is losing even more money. Then you will try to make up for those too, and you'll just digging yourself into an ever bigger hole. Don't do it.
The Panamian government introduced a bill to legalize cryptos like Bitcoin and Ethereum one day after El Salvador adopted Bitcoin as a legal tender. The purpose of this bill is, apparently, to make Panama “compatible with the block chain, crypto assets and the internet”.
The news for it were...
Most beginners don't have the kind of knowledge required for developing a strategy from scratch though. They just use ready-made, already tested strategies. There are plenty of those around that are freely available.
1. Trade only on a few instruments that you understand very well.
2. Don't complicate your chart with an unnecessary amount indicators.
3. Don't revenge trade.
India is planning its own CBDC – that became clear after an interview with Shaktikanta Das, the Governor of RBI (The Reserve Bank of India), recently conducted an interview with CNBC, where he mentioned that the institution is currently studying different digital currency aspects so they can...
There are no perfect brokers, I realized that a while ago. Still, there are some pretty good ones - with proper regulation and fairly decent trading conditions. It's important to take your time researching companies before committing to one.
Well, I wish you success. My advice is, keep track of your trades and always investigate to figure out what went wrong with a losing trade, so as not to repeat the same mistake.
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