10 Steps to Mental Trading Success Keeping emotions out of trading is often easier said than done, here are a few tips on how to keep a level-head while trading. Most traders know that the key to a successful trading plan is to always have a pre-outlined strategy, but what if that strategy is not executing according to plan and you are taking losses? As Victor Sperandeo once eloquently put it, “The key…
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…
A popular cryptocurrency analyst shared his opinion with his 662,000 followers on Twitter about the imminent growth in the value of bitcoin. The expert tried to pick up a vivid image of the upcoming phenomenon. Michael van de Poppe said that the fall of BTC below $29,700 indicates continued accumulation and consolidation of the first cryptocurrency in the hands of investors. However, the analyst believes that after overcoming this psychologically important level, Bitcoin may well…
How Do You Mitigate Risk when Trading CFDs? A look at the importance of risk mitigation through sound trading practices. Practicing good risk management is a core component to any CFD traders’ strategy. There are many opportunities associated with trading in various asset markets but, like we see everywhere in life, there are also risks. Here are a few tried-and-tested tips on mitigating the risks associated with CFD trading. 1. Learn Good…
Lawyer John Deaton, who defends the interests of XRP owners, explained why the coin did not reach $ 1, despite the partial victory of Ripple in a lawsuit with the American regulator. John Deaton tweeted that it is Bitcoin that determines the movement of other crypto assets. The lawyer suggested that XRP will only reach new heights when Bitcoin becomes the leader of the bull market and sets a new all-time high. “If I told…
The hash rate of the Bitcoin network may be reduced by 30% after the next halving, which is expected in April 2024, a number of experts say. Is this really so, and what lies ahead for the first cryptocurrency? Upcoming halving The next Bitcoin halving may well provoke a significant blow to the total network hashrate , which will fall due to a decrease in mining profitability. As miner rewards decrease, their profits will likely…
A Look at the Future of AI and Trading: In the recent months we have seen an exponential increase in AI powered technologies with numerous apps, companies and individuals promoting the power of this innovation and its potential to come. We investigated how artificial intelligence could affect the trading industry, keep reading to learn more. Introduction Artificial Intelligence (AI) has the potential to significantly change online trading by making it more efficient,…
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…
Cryptocurrency exchange KuCoin will temporarily suspend the operation of Bitcoin and Litecoin mining pools from August 15, 2023 until further notice. The exchange announced that the decision is in line with the company’s business strategy. “In order to ensure uninterrupted earnings during our temporary shutdown, we recommend users who mine cryptocurrency to switch their equipment to alternative mining pools before 16:00:00 on August 15, 2023,” KuCoin said in an official statement. To ensure the integrity…
Worldcoin plans to expand its operations by enabling governments and companies to use its iris scanning and identity verification technology. Ricardo Macieira, general manager of Tools For Humanity, behind the Worldcoin project, said the company’s mission is to “create the greatest possible financial and individual community.” “The idea is that as we build this infrastructure, we allow third parties to use this technology,” he explained. Maceira added that the company wants to ensure a wider…
