So I've just crossed a place in my life where I'm comfortable with my financial position and am now looking to try forex trading by withdrawing 5k from my investment accounts and hopefully growing that over time. I will be withdrawing profits each and every day above the 5k mark back to my bank so I will not be taking any additional risk. Good idea or not?

So I've just crossed a place in my life where I'm comfortable with my financial position and am now looking to try forex trading by withdrawing 5k from my investment accounts and hopefully growing that over time. I will be withdrawing profits each and every day above the 5k mark back to my bank so I will not be taking any additional risk. Good idea or not?

Cardano tests key resistance, ready for rally if breaks above symmetrical triangle Cardano (ADA) price trades within a symmetrical triangle on Friday, a breakout from which could signal a rally ahead. ADA’s rising open interest further supports the bullish thesis, as do the recent movements seen in previously dormant wallets.

Cardano tests key resistance, ready for rally if breaks above symmetrical triangle Cardano (ADA) price trades within a symmetrical triangle on Friday, a breakout from which could signal a rally ahead. ADA’s rising open interest further supports the bullish thesis, as do the recent movements seen in previously dormant wallets.

Started trading a few months ago. Managed to teach myself all the basics sand began trading full time, I haven't wavered from the 1% risk rule but I have noticed many risk way more than 1%

Started trading a few months ago. Managed to teach myself all the basics sand began trading full time, I haven't wavered from the 1% risk rule but I have noticed many risk way more than 1%

After studying everyday from the time I get off work until I go to bed. Going from stocks, to crypto, to forex, then finally settling on futures, specifically the S&P. Been paper trading the whole time but have been tracking my progress the last 4 and half months. I am feeling more confident with my strategy everyday. Big thanks to the Redditors who unknowingly helped me out by answering questions from others that I also had. I know it's going to be a completely different game once I start a prop account and am expecting some growing pains and lots of emotions I have yet to feel yet, but I hope this one day turns into freedom from the 9-5 grind. Any advice would be appreciated! Wish me luck and I'll be sure to update you when I blow my first account!

After studying everyday from the time I get off work until I go to bed. Going from stocks, to crypto, to forex, then finally settling on futures, specifically the S&P. Been paper trading the whole time but have been tracking my progress the last 4 and half months. I am feeling more confident with my strategy everyday. Big thanks to the Redditors who unknowingly helped me out by answering questions from others that I also had. I know it's going to be a completely different game once I start a prop account and am expecting some growing pains and lots of emotions I have yet to feel yet, but I hope this one day turns into freedom from the 9-5 grind. Any advice would be appreciated! Wish me luck and I'll be sure to update you when I blow my first account!

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin approaches its $56,000 support level: Bitcoin (BTC) is approaching a crucial daily support level of $56,000, hinting at a possible recovery. At the same time, Ethereum (ETH) faced rejection from the resistance level, suggesting a downward trend with weak momentum. In contrast, Ripple (XRP) has bounced above the 100-day EMA, indicating a continued upward trend.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin approaches its $56,000 support level: Bitcoin (BTC) is approaching a crucial daily support level of $56,000, hinting at a possible recovery. At the same time, Ethereum (ETH) faced rejection from the resistance level, suggesting a downward trend with weak momentum. In contrast, Ripple (XRP) has bounced above the 100-day EMA, indicating a continued upward trend.

Consensys revealed in a post on Thursday that a Texas court has dismissed its case against the Securities and Exchange Commission (SEC), originally filed in April. Court dismisses Consensys legal action against SEC Consensys' lawsuit against the SEC was dismissed by a District court in the Northern District of Texas today, the firm reported in a post on X.

Consensys revealed in a post on Thursday that a Texas court has dismissed its case against the Securities and Exchange Commission (SEC), originally filed in April. Court dismisses Consensys legal action against SEC Consensys' lawsuit against the SEC was dismissed by a District court in the Northern District of Texas today, the firm reported in a post on X.

After multiple back tests and failed results, finally 7R trade with 1k profit

After multiple back tests and failed results, finally 7R trade with 1k profit

Ether's (ETH) recent bout of underperformance may be over and the world's second largest cryptocurrency could be ready to shine again, both in fiat terms and relative to bitcoin (BTC), Steno Research said in a report on Thursday. The native token of the Ethereum blockchain has risen nearly 8% year-to-date, while bitcoin has surged 43% and the CoinDesk 20 index (CD20) has gained nearly 11%. Ether's performance in the last bull market could provide some guidance. ETH surged during the last altcoin season, and in under two months it more than doubled in value compared to bitcoin, the report noted. This shift was sparked by a surge in onchain activity, the report said, including decentralized finance (DeFi), stablecoin issuance, and the boom in non-fungible tokens (NFTs), all of which happened mainly on the Ethereum blockchain. The Federal Reserve interest rate cut, earlier this week, will result in increased onchain activity, which will strongly benefit Ethereum, Steno said. Bitcoin exchange-traded funds (ETFs) are unlikely to continue outperforming ether versions as much, Steno said, noting that ETH has shown its ability to suddenly outperform its larger rival in the past. There have been three main reasons for bitcoin's recent outperformance over ether. "The impact of U.S. spot ETFs for both bitcoin and ether, the persistent buying pressure from MicroStrategy (MSTR), and a notable decline in Ethereum's transactional revenue in recent months," analyst Mads Eberhardt wrote. "Ethereum's active addresses remain strong, particularly when factoring in the growing adoption of rollups," Eberhardt wrote, adding that the network's transactional revenue looks to have bottomed in August. Asset manager Bitwise is also bullish about ether's prospects. The cryptocurrency is potentially a contrarian bet into the year-end, it said in a report on Tuesday.

Ether's (ETH) recent bout of underperformance may be over and the world's second largest cryptocurrency could be ready to shine again, both in fiat terms and relative to bitcoin (BTC), Steno Research said in a report on Thursday. The native token of the Ethereum blockchain has risen nearly 8% year-to-date, while bitcoin has surged 43% and the CoinDesk 20 index (CD20) has gained nearly 11%. Ether's performance in the last bull market could provide some guidance. ETH surged during the last altcoin season, and in under two months it more than doubled in value compared to bitcoin, the report noted. This shift was sparked by a surge in onchain activity, the report said, including decentralized finance (DeFi), stablecoin issuance, and the boom in non-fungible tokens (NFTs), all of which happened mainly on the Ethereum blockchain. The Federal Reserve interest rate cut, earlier this week, will result in increased onchain activity, which will strongly benefit Ethereum, Steno said. Bitcoin exchange-traded funds (ETFs) are unlikely to continue outperforming ether versions as much, Steno said, noting that ETH has shown its ability to suddenly outperform its larger rival in the past. There have been three main reasons for bitcoin's recent outperformance over ether. "The impact of U.S. spot ETFs for both bitcoin and ether, the persistent buying pressure from MicroStrategy (MSTR), and a notable decline in Ethereum's transactional revenue in recent months," analyst Mads Eberhardt wrote. "Ethereum's active addresses remain strong, particularly when factoring in the growing adoption of rollups," Eberhardt wrote, adding that the network's transactional revenue looks to have bottomed in August. Asset manager Bitwise is also bullish about ether's prospects. The cryptocurrency is potentially a contrarian bet into the year-end, it said in a report on Tuesday.

By the end of the year, the EU will approve and publish in the Official Journal 15 standards for steiblcoin issuers, which is tantamount to approval. These standards regulate such activities of issuers as authorization, stress testing, methods of estimating the number, value of transactions and others. They are jointly prepared by the European Banking Supervisory Authority and the Securities and Markets Authority. Regulation of stablecoins in the EU is set out in the Markets in Cryptoassets Regulation (MiCA). Earlier, Tether CEO Paolo Ardoino and the heads of other companies expressed concerns that the new regulatory environment would complicate their work, and the assets themselves would become more vulnerable.

By the end of the year, the EU will approve and publish in the Official Journal 15 standards for steiblcoin issuers, which is tantamount to approval. These standards regulate such activities of issuers as authorization, stress testing, methods of estimating the number, value of transactions and others. They are jointly prepared by the European Banking Supervisory Authority and the Securities and Markets Authority. Regulation of stablecoins in the EU is set out in the Markets in Cryptoassets Regulation (MiCA). Earlier, Tether CEO Paolo Ardoino and the heads of other companies expressed concerns that the new regulatory environment would complicate their work, and the assets themselves would become more vulnerable.

Hey guys I am here to share my school/trading/gaming setup. I wanted to be a day trader but lack of time and discipline I preferred to be a scalper having 10 trades per weeks like that it what I like. I am not a pro but I am consistently profitable. If there’s any advice for scalping I’m open to read and reply to them🙂 Btw I am into crypto not forex.

Hey guys I am here to share my school/trading/gaming setup. I wanted to be a day trader but lack of time and discipline I preferred to be a scalper having 10 trades per weeks like that it what I like. I am not a pro but I am consistently profitable. If there’s any advice for scalping I’m open to read and reply to them🙂 Btw I am into crypto not forex.

The main feature of Risk Reward Ratio Indicator is to allow the user conscious investing. Each transaction bears certain risk. Risk Reward Ratio Indicator analyses the risk thoroughly, before position is opened. Therefore, it is much easier to make investment decisions. Risk Reward Ratio Indicator is compatible with MetaTrader 4 and MetaTrader 5 platforms. Risk Reward Ratio tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional system is able to estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Easy investing, quick risk and gain calculations are only a few features of our tool. Extended functionality of Risk Reward Ratio indicator includes: - following the price - moving lines on the chart - setting constant TP - SL levels - removing all lines with one click - closing one or all positions with one click - adding and removing lines indicating TP/SL levels - numerous other interesting and very useful features The Risk-Reward Ratio (RRR) is a trading metric that measures potential profit versus potential loss, helping traders manage risk, optimize position sizing, and make informed decisions by setting a ratio of expected gain to potential loss (e.g., 2:1, 3:1).

The main feature of Risk Reward Ratio Indicator is to allow the user conscious investing. Each transaction bears certain risk. Risk Reward Ratio Indicator analyses the risk thoroughly, before position is opened. Therefore, it is much easier to make investment decisions. Risk Reward Ratio Indicator is compatible with MetaTrader 4 and MetaTrader 5 platforms. Risk Reward Ratio tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional system is able to estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Easy investing, quick risk and gain calculations are only a few features of our tool. Extended functionality of Risk Reward Ratio indicator includes: - following the price - moving lines on the chart - setting constant TP - SL levels - removing all lines with one click - closing one or all positions with one click - adding and removing lines indicating TP/SL levels - numerous other interesting and very useful features The Risk-Reward Ratio (RRR) is a trading metric that measures potential profit versus potential loss, helping traders manage risk, optimize position sizing, and make informed decisions by setting a ratio of expected gain to potential loss (e.g., 2:1, 3:1).

Ethereum is steady above $2,500 even as The Ethereum Foundation sells 300 ETH on Friday Ethereum (ETH) trades at $2,552 on Saturday. The second largest cryptocurrency by market capitalization notes a steady increase in supply on exchanges. The Ethereum Foundation recently sold Ether, adding to the supply of the altcoin on exchanges.

Ethereum is steady above $2,500 even as The Ethereum Foundation sells 300 ETH on Friday Ethereum (ETH) trades at $2,552 on Saturday. The second largest cryptocurrency by market capitalization notes a steady increase in supply on exchanges. The Ethereum Foundation recently sold Ether, adding to the supply of the altcoin on exchanges.

Since the arrest of the Telegram founder, the number of daily transactions has increased by more than 150% The number of daily active addresses also set an ATH of 700,000. And most importantly, TON returned to the top 10 CMCs.

Since the arrest of the Telegram founder, the number of daily transactions has increased by more than 150% The number of daily active addresses also set an ATH of 700,000. And most importantly, TON returned to the top 10 CMCs.

The Federal Reserve's two-day monetary policy meeting kicks off today and will conclude on Wednesday. The US central bank is set to start cutting rates, but the big question is by how much and what might this mean for Bitcoin. The market has ramped up expectations that the Fed will kick off this rate-cutting cycle with an outsized reduction. According to the Fed funds, the market is fully pricing in a rate cut and is pricing in a 67% probability of a 50 basis point rate cut, up significantly from 35% just a week ago. There are arguments for and against a 25- or 50-basis-point rate cut. While inflation has cooled, the hotter-than-expected monthly core inflation print has served as a reminder that inflation remains sticky, favouring a 25-basis-point cut. Meanwhile, the cooling labour market and signs that the economy is slowing faster than expected support a larger move by the Fed. Given the uncertainty in the pricing ahead of the decision, whether the Fed decides to cut by 25 or 50 basis points, the market will likely see increased volatility.

The Federal Reserve's two-day monetary policy meeting kicks off today and will conclude on Wednesday. The US central bank is set to start cutting rates, but the big question is by how much and what might this mean for Bitcoin. The market has ramped up expectations that the Fed will kick off this rate-cutting cycle with an outsized reduction. According to the Fed funds, the market is fully pricing in a rate cut and is pricing in a 67% probability of a 50 basis point rate cut, up significantly from 35% just a week ago. There are arguments for and against a 25- or 50-basis-point rate cut. While inflation has cooled, the hotter-than-expected monthly core inflation print has served as a reminder that inflation remains sticky, favouring a 25-basis-point cut. Meanwhile, the cooling labour market and signs that the economy is slowing faster than expected support a larger move by the Fed. Given the uncertainty in the pricing ahead of the decision, whether the Fed decides to cut by 25 or 50 basis points, the market will likely see increased volatility.

Bitcoin's (BTC) price rallied alongside the S&P 500 (SPX) on Thursday, strengthening its rising correlation with the index in 2024. Bitcoin has moved largely in tandem with S&P 500 in past few months Bitcoin and the crypto market have been in an uptrend since Wednesday following the Federal Reserve's (Fed) decision to cut interest rates by 50 basis points. Bitcoin is up nearly 3% in the past 24 hours, rising briefly above the $63,000 level for the first time in three weeks. Since hitting a low of $53,300 on September 6, Bitcoin has rallied over 17%, adding more than $200 billion in market capitalization.

Bitcoin's (BTC) price rallied alongside the S&P 500 (SPX) on Thursday, strengthening its rising correlation with the index in 2024. Bitcoin has moved largely in tandem with S&P 500 in past few months Bitcoin and the crypto market have been in an uptrend since Wednesday following the Federal Reserve's (Fed) decision to cut interest rates by 50 basis points. Bitcoin is up nearly 3% in the past 24 hours, rising briefly above the $63,000 level for the first time in three weeks. Since hitting a low of $53,300 on September 6, Bitcoin has rallied over 17%, adding more than $200 billion in market capitalization.

Bitcoin shows signs of recovery as more traders anticipate a 0.50% US interest rate cut on Wednesday Bitcoin (BTC) shows signs of recovery, rising above $61,000 at the time of writing on Tuesday, following a three-day decline after failing to close above $60,500 over the weekend. This positive momentum could be bolstered by an anticipated 50 basis points (bps) US interest rate cut by the US Federal Reserve (Fed) on Wednesday, according to CME Group data. At the same time, the announcement of Microstratergy’s plan to purchase more BTC indicated further potential for Bicoin’s recovery in the coming days.

Bitcoin shows signs of recovery as more traders anticipate a 0.50% US interest rate cut on Wednesday Bitcoin (BTC) shows signs of recovery, rising above $61,000 at the time of writing on Tuesday, following a three-day decline after failing to close above $60,500 over the weekend. This positive momentum could be bolstered by an anticipated 50 basis points (bps) US interest rate cut by the US Federal Reserve (Fed) on Wednesday, according to CME Group data. At the same time, the announcement of Microstratergy’s plan to purchase more BTC indicated further potential for Bicoin’s recovery in the coming days.

BTC/USD outlook: Bulls likely to take a breather following repeated failure at 200-DMA barrie: BTC/USD BTCUSD edged higher on Friday and hit new three week high, in attempts to extend 4.6% advance on Thursday. Bitcoin received strong boost from Fed rate cut and underpinned by dovish shift in global rate view. Technical picture is bullish on daily chart (multiple MA bull-crosses / 14-d momentum is in steep ascend), but bulls face headwinds from overbought conditions, which was presented through repeated failure to break pivotal 200DMA barrier at 63869. The second consecutive daily close below 200DMA to confirm signal that bulls may take a breather for consolidation before resuming. Dips are likely to be shallow, as overall picture is bullish and positive sentiment is strong. Support at 61157 (100DMA) should ideally contain dips and guard lower pivots at 60000 zone (psychological / 10/55 DMA bull-cross) loss of which would sideline bulls.

BTC/USD outlook: Bulls likely to take a breather following repeated failure at 200-DMA barrie: BTC/USD BTCUSD edged higher on Friday and hit new three week high, in attempts to extend 4.6% advance on Thursday. Bitcoin received strong boost from Fed rate cut and underpinned by dovish shift in global rate view. Technical picture is bullish on daily chart (multiple MA bull-crosses / 14-d momentum is in steep ascend), but bulls face headwinds from overbought conditions, which was presented through repeated failure to break pivotal 200DMA barrier at 63869. The second consecutive daily close below 200DMA to confirm signal that bulls may take a breather for consolidation before resuming. Dips are likely to be shallow, as overall picture is bullish and positive sentiment is strong. Support at 61157 (100DMA) should ideally contain dips and guard lower pivots at 60000 zone (psychological / 10/55 DMA bull-cross) loss of which would sideline bulls.

Bitcoin ETF options set to go live following SEC approval of BlackRock's application: According to a filing on Friday, the US Securities & Exchange Commission (SEC) approved BlackRock's 19-b4 application to list and trade options on the iShares Bitcoin Trust (IBIT). BlackRock receives approval to trade options for spot Bitcoin ETFs The SEC approved BlackRock's application to list and trade option contracts on its iShares Bitcoin Trust (IBIT). The approval was revealed in a filing released on Friday, allowing for physically settled options. This means that when a contract is exercised, it will result in the delivery of Bitcoin. Options trading is a form of derivatives trading that offers investors the right, but not the obligation, to buy or sell an asset at a predetermined price and within a specific time frame. BlackRock will treat IBIT options as American-styled options, allowing investors to exercise the contract any time before or on the expiration date. This style allows investors to easily react to market changes to maximize profits and avoid losses. The SEC stated that the options on IBIT will provide investors with accurate risk management and "hedging" to gain exposure to Bitcoin's price and to Bitcoin-related products. Options on IBIT will follow BlackRock's listing standards and remain guided by SEC rules. "The Exchange's initial listing standards require, among other things, that the security underlying a listed option be 'characterized by a substantial number of outstanding shares that are widely held and actively traded," the filing stated. BlackRock also proposed listing options contracts for its Ethereum Trust in August to expand its investment tools for Ethereum and make crypto investments more accessible to financial markets. The SEC approved 11 spot Bitcoin ETFs in January but delayed approving options on the product until now. Following the approval of BlackRock's request, crypto ETF experts anticipate the SEC will eventually extend the approval to other issuers. "I'm assuming others will be approved in short order. Huge win for the bitcoin ETFs (as it will attract more liquidity which will in turn attract more big fish)," said Bloomberg analyst Eric Balchunas. Balchunas also noted that the Office of the Comptroller of the Currency (OCC) and the Commodity & Futures Trading Commission (CFTC) must also give their approval before the options contract for IBIT can go live.

Bitcoin ETF options set to go live following SEC approval of BlackRock's application: According to a filing on Friday, the US Securities & Exchange Commission (SEC) approved BlackRock's 19-b4 application to list and trade options on the iShares Bitcoin Trust (IBIT). BlackRock receives approval to trade options for spot Bitcoin ETFs The SEC approved BlackRock's application to list and trade option contracts on its iShares Bitcoin Trust (IBIT). The approval was revealed in a filing released on Friday, allowing for physically settled options. This means that when a contract is exercised, it will result in the delivery of Bitcoin. Options trading is a form of derivatives trading that offers investors the right, but not the obligation, to buy or sell an asset at a predetermined price and within a specific time frame. BlackRock will treat IBIT options as American-styled options, allowing investors to exercise the contract any time before or on the expiration date. This style allows investors to easily react to market changes to maximize profits and avoid losses. The SEC stated that the options on IBIT will provide investors with accurate risk management and "hedging" to gain exposure to Bitcoin's price and to Bitcoin-related products. Options on IBIT will follow BlackRock's listing standards and remain guided by SEC rules. "The Exchange's initial listing standards require, among other things, that the security underlying a listed option be 'characterized by a substantial number of outstanding shares that are widely held and actively traded," the filing stated. BlackRock also proposed listing options contracts for its Ethereum Trust in August to expand its investment tools for Ethereum and make crypto investments more accessible to financial markets. The SEC approved 11 spot Bitcoin ETFs in January but delayed approving options on the product until now. Following the approval of BlackRock's request, crypto ETF experts anticipate the SEC will eventually extend the approval to other issuers. "I'm assuming others will be approved in short order. Huge win for the bitcoin ETFs (as it will attract more liquidity which will in turn attract more big fish)," said Bloomberg analyst Eric Balchunas. Balchunas also noted that the Office of the Comptroller of the Currency (OCC) and the Commodity & Futures Trading Commission (CFTC) must also give their approval before the options contract for IBIT can go live.

Has anyone been involved in Forex trading? How did you start, what motivated you to trade forex, and how's your journey going on?

Has anyone been involved in Forex trading? How did you start, what motivated you to trade forex, and how's your journey going on?

Bitcoin network is a ticking time bomb: Crypto analyst Bitcoin (BTC) blockchains runs on the Proof-of-Work (PoW) consensus mechanism. Critics have slammed the network for its energy usage and when faced with a similar challenge, Ethereum (ETH) moved to a Proof-of-Stake (PoS) mechanism. Market participants speculate how the security of the BTC network will be affected by a similar move and whether the Bitcoin blockchain is strong enough to resist an attack.

Bitcoin network is a ticking time bomb: Crypto analyst Bitcoin (BTC) blockchains runs on the Proof-of-Work (PoW) consensus mechanism. Critics have slammed the network for its energy usage and when faced with a similar challenge, Ethereum (ETH) moved to a Proof-of-Stake (PoS) mechanism. Market participants speculate how the security of the BTC network will be affected by a similar move and whether the Bitcoin blockchain is strong enough to resist an attack.