I admit that I don't know how to work with stop loss
EL-SHADDAI
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DO NOT GO TO SLEEP WITHOUT A STOP LOSS 🚨📈
This may seem obvious, but it happens—even to the most experienced traders. You’re convinced you’ve read the market perfectly. Your ego whispers, “You don’t need a stop-loss. You’ve got this.” But then…
Europe wakes up with fresh data. The U.S. decides the market’s heading in a different direction. War escalates in the Middle East, sending shockwaves through the markets.
And just like that, your “perfect” trade becomes an expensive lesson in humility.
Why You Should Never Skip a Stop-Loss: 1. Markets Don’t Sleep: While you rest, the global market operates 24/7. Each region brings its own sentiment, news, and volatility. 2. Emotions Override Logic: Without a stop-loss, you’re left with decisions fueled by fear or panic during a sudden move. 3. Protecting Capital: Trading is about longevity. One bad trade without a stop-loss can wipe out weeks—or months—of progress. 4. Unexpected Events: Black swans, war escalations, or news bombs can send prices into a free fall. Stop-losses act as your safety net.
How to Protect Yourself: • Set It and Forget It: Always place a stop-loss at a level that respects your risk tolerance. This is non-negotiable. • Adjust for Time Zones: If you’re sleeping, account for potential market shifts in other regions when placing your stop-loss. • Diversify: Don’t overexpose yourself to one trade. Diversification cushions against catastrophic losses. • Don’t Let Ego Trade: You’re not smarter than the market. Trade with discipline, not emotion.
Even the best traders get caught up in overconfidence. SL isn’t just about minimizing losses—it’s about sleeping peacefully, knowing you’ve done your job to protect your portfolio.
If you want to trade without fear of these sleepless nights, check out my copy trading account. I manage risk, including stop-losses, with discipline so you don’t have to. Click here to copy and 🚀💰.Cheers!
Those who think that voting for 17 would be different are deluded. Campos Neto is the nomination of a genocidal maniac. And Lula needs to pay for everything he spends. The government doesn't matter. They want to collect money!!
Cryptopolitan
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Brazil’s Proposed Stablecoin Withdrawal Ban Targets Self-custody Wallets
Brazil’s Stablecoin Withdrawal Ban, proposed by the Central Bank of Brazi (BCB), restricts centralized exchanges from transferring stablecoins to self-custody wallets, aiming to tighten regulations.
BCB may prohibit centralized exchanges from permitting stablecoin withdrawals into self-custody wallets. This restriction targets “tokens denominated in foreign currencies” to ensure compliance with Brazilian financial regulations.
The BCB gains crypto oversight under the 2022 law and sets new regulations
BCB commented on the development;
“The initiative reflects our commitment to adapting the financial system to the realities of digital assets while safeguarding the integrity of international capital flows.”
– BCB
This proposal enables the BCB to oversee the crypto industry as part of the December 2022 crypto law. Stakeholders can submit feedback on the proposal by February 28, 2025. Despite public opinions, the BCB is responsible for enforcing crypto laws.
Additionally, crypto investments, whether inbound or outbound, would be subject to the same regulatory standards as traditional investments. External credit, direct foreign investment, and Brazilian capital abroad involving crypto would require adherence to existing international capital regulations.
Under the public consultation, centralized exchanges would also need to obtain a foreign exchange license to offer stablecoin-related services.
Brazil’s Central Bank proposes a stablecoin withdrawal ban to regulate the crypto market
Brazil’s planned Stablecoin Withdrawal Ban highlights the growing significance of currencies in the financial sector. According to Brazil’s Internal Revenue Service, stablecoins accounted for 71.4% of September’s $4.2 billion crypto transactions, with Tether (USDT) leading the market. This critical book discusses the potential impacts of the new legislation on corporations and crypto traders.
In addition to limiting withdrawals, the BCB recommends stringent rules for virtual asset service providers. Adhering to conventional investment standards guarantees these companies’ compliance with global capital regulations. This strategy strikes a compromise between Brazilian crypto industry innovation and financial stability.
Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
It's the kind of post without analysis. I don't think it should even be on Binance.
MiniRIG
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Soon they'll say that Google's quote is wrong and blah blah blah Where is the lifeboat because this boat is sinking and the captain is pumping water from the outside to the inside 🤷