Trading Psychology

ByBit and Swyftx announces their intention to reduce their workforce as they could no longer cope with the crisis of the crypto winter. ByBit is a high-ranking crypto exchange platform based in Dubai. part of the measures that they considered to be taken to keep their business floating is the reduction of their workforce. In […]

More than 2 billion dollars was lost in the FTX disaster due to problems relating to a lack of liquidity on the platform. Within 3 days, about 80% of the value of the FTT token was lost. FTX was once seen as a survivor and a champion in the struggling market. What went wrong with […]

In October, the XRP market consolidated below the 20-day moving average. This was after the bull market faced rejection at the $0.50 price level. The buyers attempted to recapture the $0.5 level, but they were rejected again. This time around, the bearish run brought the price to $0.329. The support was formed from this point […]

Boohoo Group Plc shares (LSE:BOO) are currently where they are not supposed to be. The price still showcases bearishness, instead of bullishness. For most past of this year, the market has trended downwards, generally. There were occasional rallies along the way, but they were followed by further bearish movements. 4 EMA as used for this […]

A margin account can be used for trading cryptocurrency, forex and stocks. This type of account affords investors the power to leverage a higher amount of money which they use to enter a much larger trade for purpose of getting higher profit. Trading on a margin account is like borrowing money from one’s broker to […]

“Illusions are something pleasant. The disadvantage is that they tend to burst like a bubble.” – Wolfgang Kurz There are many Internet fraudsters and scammers out there whose primary aim is to turn you into a dupe. They will do everything possible to convince you that their claims are genuine. This includes fake websites and/or fake […]

Successful traders may differ in their trading strategy, but they do have one thing in common. Pro traders have learned to manage key emotions that affect their results. Here’s how you can do the same. Finding and properly following a proven trading strategy is one of the most important steps to becoming a successful stock […]

A TRUTH ABOUT TRADING A couple of things in life that I really don’t look forward to are: 1. when they draw blood for my semi-annual health checkup and 2. when I have to go to the doctor. Yet, when I think about it, not going could be a lot worse than going. I don’t […]

The governor of the Apex Bank of Kenya says he is under pressure from those who propose that the foreign reserves should be converted to Bitcoin Kenya’s Apex Bank governor, Njoroge Patrick, speaks during a parliamentary meeting saying that he considered this suggestion to be nonsense. He stressed the fact that the decision to convert […]

Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s enormously […]