All About Day Trading
Day trading is a popular trading strategy in the markets where traders aim to profit from short-term price movements within a single trading day. It involves buying and selling financial instruments, such as stocks, currencies, commodities, or cryptocurrencies, within the same trading day, with the goal of capitalizing on price volatility.
Here are some key aspects of day trading:
1. Short-Term Trading: Day traders open and close positions within the same trading day, and they rarely hold positions overnight. This approach is in contrast to swing trading or long-term investing.
2. Capital Requirements: Day traders typically need sufficient capital to trade comfortably, as they aim to take advantage of small price movements. This means having enough funds to cover potential losses and meet margin requirements.
3. Technical Analysis: Day traders often rely on technical analysis to make trading decisions. They use charts, indicators, and patterns to identify potential entry and exit points.
4. Volatility: Day traders seek out assets that exhibit significant price volatility, as these fluctuations provide opportunities for quick profits. Highly liquid assets are also preferred to ensure smooth order execution.
5. Risk Management: Effective risk management is crucial for day traders. This includes setting stop-loss orders to limit potential losses and using proper position sizing.
6. Trading Strategies: Day traders employ various trading strategies, such as scalping, momentum trading, breakout trading, and mean-reversion trading. Each strategy has its own set of rules and objectives.
7. Market Monitoring: Day traders need to closely monitor the markets during trading hours. They often use real-time news, level II quotes, and trading platforms to make informed decisions.
8. Psychological Discipline: Day trading can be emotionally taxing, as traders face the pressure of making quick decisions and managing the stress of financial risk. Maintaining discipline and emotional control is vital.
9. Regulations: Day trading is subject to regulatory rules, including pattern day trading rules in the United States that require traders to maintain a minimum account balance if they make more than a certain number of day trades in a rolling five-day period.
10. Tax Considerations: Tax implications can be significant for day traders, as short-term capital gains are typically taxed at a higher rate than long-term gains. Traders should be aware of tax laws in their jurisdiction.
11. Education and Practice: Novice day traders are encouraged to undergo education and practice on demo accounts before risking real capital. This helps build skills and gain experience without financial risk.
12. Record-Keeping: Maintaining detailed records of trades is important for assessing performance and tax reporting.
It's important to note that day trading is not suitable for everyone. It requires a solid understanding of the markets, a disciplined approach, access to real-time data, and sufficient capital. Many day traders experience both wins and losses, and it can be financially risky.
Additionally, it's recommended to research and understand the risks and potential rewards before engaging in day trading, and some traders may consider seeking advice or mentorship to improve their trading skills.
#BingX will list $JWIF on 7th August, 14:00 UTC: https://x.com/BingXOfficial/status/1818972344729362851
$JWIF is unstoppable with back-to-back Top-Tier exchange listings, first #MEXC and now #BingX!
But wait, there's more – another Tier1 listing announcement is coming and partnership with Binance listed meme project will be revealed next week as per their official tweet: https://x.com/jerrywifcoin/status/1819055086230032483?s=46
⏳Less than 24hours left untill $JWIF launching on MEXC, Countdown link: https://www.mexc.com/exchange/JWIF_USDT
🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5
$JWIF is heavily undervalued at current price! Get in while it’s still cheap to accumulate here, it can easily make 10X-20X rally in short term. Buy on PancakeSwap and HOLD for massive profits🚀✌️
What Is the Semantic Web?
The Semantic Web is the vision about an extension of the existing World Wide Web which provides software programs with machine-interpretable metadata of published information as well as data. The Semantic Web would essentially add further data descriptors to otherwise existing content and data on the web, and as a result, computers would be able to make meaningful interpretations, similar to the way we as humans process information in order to achieve our goals.
The ambition of the Semantic Web is to enable computers to manipulate information on our behalf.
The Semantic Web idea was created by Tim Berners-Lee, who explains that the word "schematic" indicates machine-processability or what a machine is able to do with the data.
As such, the Semantic Web can be seen as a knowledge graph formed by combining connected, linked data with intelligent content in order to facilitate machine understanding as well as the processing of content, metadata as well as other information objects at scale.
The Semantic Web will lead to smarter, effortless customer experiences by giving the content the ability to understand as well as present itself in the most useful forms which are matched to a customer's specific needs. Semantic Web standards have the potential to unlock a crucial evolution in regards to the web towards intelligence which will allow the content we post online to be presented in a way that can be understood, connected and combined by machines.
#RENDER just dropped liked nothing and reacted from the support area eventually get broken. Price retested and dropped again around 7% in favor.
Читать полностью…Here's the Analysis of #SNX :
#SNX is been stuck on a large consoldiation range between the Major Support area and Major Resistance Area of $1.43 - $1.48 and $1.85 - $1.91 Respectively. Price doesn't looks promising and need to see a breakout either side.
This underscores the an equilibrium being established between supply and demand over the past 3-months. We can also see that realized losses have not ticked meaningfully higher thus far, suggesting limited panic, despite the market correcting over -25% from the highs.
Читать полностью…#TOTAL MARKETCAP UPDATE :
#TOTAL MARKETCAP making continuous flipping over the resistance area and goes into the consoldiation range. Index took out liquidity both side and attempting to break.
Here's the Analysis of #ALICE :
#ALICE entered the strong consolidation range and kept in rejecting both sides. Price again on a support zone $1.04 - $1.07 and rejecting it to, with that, price is still in bearish play, so not looking for the entries.
🚨Countdown Alert! Less than 4 hours until $JWIF Launches on leading🌐 Top-Tier exchange #MEXC !
$JWIF recently tweeted about upcoming major partnership with binance listed meme project and Another Tier1 exchange listing is also in pipeline as per their official tweet, which means this undervalued GEM💎 will surely skyrocket in the next few days🚀
Also 50k$+ rewards will be distributed to the traders with $10K+ volume and the top 50 $JWIF holders🚀 Don’t sleep on this golden opportunity, Grab $JWIF now while it's still available in the dip! You guys can buy it from #PancakeSwap DEX at current price.
Check out the full information on MEXC's official announcement: https://www.mexc.com/support/articles/17827791517564
🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5
Buy on PancakeSwap and HOLD for massive profits in short term🚀✌️
#JWIF/USDT is going to list on leading Top-Tier exchange #MEXC Today at 13:00UTC🚀
$JWIF recently tweeted about upcoming major partnership with binance listed meme project and Another Tier1 exchange listing is also in pipeline as per their official tweet, which means this undervalued GEM💎 will surely skyrocket in the next few days🚀
Don't miss out on this golden opportunity, Grab $JWIF now while it's still available in the dip! You guys can buy it from #PancakeSwap DEX at current price.
🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5
Buy on PancakeSwap and HOLD for massive profits in short term🚀✌️
Here's the Analysis of #STROJ :
#STROJ strongly getting rejection from the Major Resistance Area of $0.49 - $0.50 and dropping. Price going lower for a retest of the support $0.40 - $0.43. and with that you can anticipate the breakout of the major resistance with confirmation.
Miners' sell pressure decreases with each halving. Recent miner netflows: ±500 BTC/week. Comparing netflows:
Miners: ±500 BTC
Exchanges: ±4K BTC
ETF wallets: ±4K BTC
Exchanges and ETFs likely have 4-8x more market influence than miners.
#US30 UPDATE :
#US30 did perfectly along the edge, Index exactly had a bounce from there around 800 pips. Index again on its way to printing a new All-Time High. I hope you caught the market move and can make a another retest to H4 zones.
Here's the Analysis of #NEAR :
#NEAR is been kept on rejecting from the major resistance area of $6.45 - $6.65 and hodling from the trendline. No sign of bearish and looks mild bullish now, but its better to wait for the price, break above the zone or minor lots can go from here in anticipation of breakout.
🚀 Big News from #BCCOIN
$6M buyback and burn has begun 🔥
90% of the total supply is being burned and locked 🔒
$BCCOIN is under $2 and gearing up for a run towards moon 📈
Now is the best time to buy! Don't miss out on this incredible opportunity! 🌟
Buy $BCCOIN here:
Gate: gate.io/trade/BCCOIN_USDT
Bitget: bitget.com/price/blackcardcoin
MEXC: mexc.com/price/BCCOIN
BingX: bingx.com/spot/BCCOINUSDT
Bitmart: bitmart.com/trade/en-US?symbol=BCCOIN_USDT
Telegram: t.me/Official_BcCoin
Twitter: x.com/BlackCardCoin
Here's the Analysis of #DODO :
#DODO moving within the large channel pattern and got it strong rejection from the major resistance area of $0.139 - $0.141. Currently price testing the support from the trendline and market is strongly bearish at the moment, so we kinda expect a break below here.
Realized profit/loss indicates demand. Data shows strong demand during the rally to ATH, followed by consolidation. The past 3 months reveal a supply-demand equilibrium. Despite a 25%+ correction from highs, realized losses haven't significantly increased, suggesting limited panic selling.
Читать полностью…#BTC pushed further lower as mentioned and getting support from the trendline. Nothing still as of now, need to wait for the further price action to develop.
Читать полностью…What Is Secure Multi-Party Computation ?
Secure Multi-Party Computation (sMPC) is a powerful cryptographic concept that enables multiple parties to jointly compute a function over their inputs while keeping those inputs private. This technology has significant implications for blockchain and beyond. Let's delve deeper into sMPC, its applications, and its importance in the blockchain ecosystem.
Key Concepts of sMPC:
1. Privacy Preservation: The fundamental principle of sMPC is that it allows computation on data without revealing the data itself to any party involved in the computation.
2. Distributed Computation: The computation is split across multiple parties, with each party performing a portion of the calculation.
3. Input Privacy: Each party's input remains hidden from other parties throughout the computation process.
4. Output Integrity: The final result of the computation is guaranteed to be correct, assuming the protocol is followed correctly.
How sMPC Works:
1. Secret Sharing: The input data is divided into "shares" and distributed among participants.
2. Computation on Shares: Parties perform calculations on these shares without reconstructing the original data.
3. Result Aggregation: The final result is assembled from the individual computations.
Applications in Blockchain:
1. Private Smart Contracts: sMPC allows for the execution of smart contracts without revealing sensitive data to the blockchain network.
2. Decentralized Exchanges (DEXs): It can enable price discovery and order matching without exposing individual trade information.
3. Voting Systems: sMPC can be used to create secure and private voting mechanisms on blockchain platforms.
4. Privacy-Preserving Analytics: Blockchain data can be analyzed without compromising individual transaction privacy.
5. Cross-Chain Interoperability: sMPC can facilitate secure communication and transactions between different blockchain networks.
Beyond Blockchain:
1. Financial Services: Banks can collaborate on fraud detection without sharing customer data.
2. Healthcare: Medical researchers can analyze patient data across institutions while maintaining patient privacy.
3. Supply Chain Management: Companies can optimize logistics without revealing sensitive business information.
4. Government Services: Agencies can share and analyze data while adhering to privacy regulations.
Challenges and Considerations:
1. Computational Overhead: sMPC protocols can be computationally intensive, potentially impacting performance.
2. Network Requirements: They often require significant communication between parties, which can be a bottleneck.
3. Trust Assumptions: While sMPC provides strong privacy guarantees, it still relies on certain trust assumptions about the participants.
4. Implementation Complexity: Designing and implementing secure sMPC protocols is challenging and requires expertise.
Future Developments:
1. Efficiency Improvements: Research is ongoing to make sMPC more efficient and practical for real-world applications.
2. Integration with Other Technologies: Combining sMPC with other privacy-enhancing technologies like zero-knowledge proofs could lead to even more powerful privacy solutions.
3. Standardization: As sMPC becomes more widely adopted, we may see efforts to standardize protocols and best practices.
🔥 As per the #Jerrywifhat official announcement, something HUGE is cooking behind the scenes for $JWIF!
#MEXC listing rescheduled to August 2nd, 14:00UTC! for this monumental reason: https://x.com/jerrywifcoin/status/1818577195826069710?s=46
If you missed our initial 3X call for $JWIF, This is the perfect buying opportunity for those who have been on the sideline and waiting for the dip✌️
This is just the beginning of something big. Get ready to witness a massive 10X-20X pump from $JWIF, continuing the rally! With many big things in the pipeline, the future looks incredibly promising! 💎🔥
🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5
Buy on PancakeSwap and HOLD for massive profits in short term🚀✌️
#BTC still maintained the bullish scenario and in LTF price going making lower low, still price can go further lower.
Читать полностью…Exchange flows indicate investor interest and market liquidity. Since March's ATH, BTC volumes stabilized at ~$1.5B/day. ETH flows show less interest compared to 2021's bull cycle, when ETH flows nearly matched BTC's. This suggests muted speculation in 2024 and aligns with ETH's weaker performance vs. BTC since 2022 lows.
Читать полностью…#GOLD UPDATE :
#GOLD perfectly break and close below the support and dropped strongly expected than normal. Price did a retest back to the zone and again rejecting. Expected a potential drop.
#BTC dropped back tot he strong support zone and strongly rejecting. Bullish structure is still in play and so a push is expected. Normally, eye on #DXY breakout so this weekend will drive the price.
Читать полностью…Massive announcement in the history of #JWIF 👀
50k$+ rewards will be distributed to the traders with $10K+ volume and the top 50 $JWIF holders
Don’t sleep on this opportunity
Trade now and comment your bep20 wallet address in this tweet: https://x.com/jerrywifcoin/status/1817861029923291338?s=46
🥞Buy on PancakeSwap and HOLD for massive profits in short term 🚀 https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5
What Is a Secure Element?
A secure element (SE) is a hardware chip designed to run a specified number of applications, support controlled access and store confidential data. The secure element microprocessor chip is ideal for dealing with payment information, personal identification numbers (PIN), passwords and other sensitive information depending on its area of application. In crypto, it is mostly used to permanently seal and protect the private key in hardware wallets like Ledger and CoolWallet and comes with a largely arbitrary CC EAL rating of 1-7.
For example, when used in the identity industry, SE interacts with certificates and biometric data. Some devices that employ SE technology include mobile phones and cold wallets.
A secure element’s key feature is the restriction of access, which allows it to provide unparalleled security. The chip enhances this security by accommodating only pre-installed programs and limiting read and/or write privileges to trusted devices and apps such as point of sale terminals and virtual storage.
Secure elements come in different forms, such as UICCs (universal integrated circuit cards) and microSD hardware cards. Additionally, SE is available with an embedding option that enables it to be pinned on a device’s motherboard. This category of secure elements can either be embedded UICCs or embedded SEs.
Furthermore, other forms of SE operate on the cloud, which brings down the cost of operating a physical hardware chip on a host device. Additionally, a cloud-based SE provides a smooth user experience without abandoning the security provided by microprocessors.
When applied on the hardware level, SE is capable of detecting alterations and hacking attempts. Other features include providing a secure memory to store critical private data such as encryption keys and the generation of key combinations to drive asymmetric encryption.
SE is crucial in critical areas such as authentication, digital signatures, contactless or NFC payments, cryptocurrency wallets, storing biometric data, etc.
As we promised $JWIF is going to list on one of Top-Tier exchange #MEXC on 30th July 13:00UTC🔥🚀
$JWIF recently tweeted about upcoming major partnership with binance listed meme project which means this GEM💎 will surely skyrocket in the next few days: https://x.com/jerrywifcoin/status/1817851465937158324?s=46
$JWIF is now trending as the hottest token on DEXTools: http://dextools.io/token/jerrywifhat 🔥
🥞Buy on PancakeSwap and HOLD for massive profits in short term 🚀
https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5
#BTC did gave a weekly closing above the support with a strong pin bar candlestick. Now we can market is pushing and gave a new Higher High. Price approaching towards the resistance around $71,250, which is good and Daily candle need to sustain above the $70,000.
Читать полностью…Our $JWIF/USDT buy signal at rock bottom delivered over 150% quick gains so far and its just started🔥
I have personally accumulated and holding for 20X-50X in short term so Don't Miss it out! 🚀
It's still trending #4 on DEXTools and Tier1 listing announcement is just hours away for $JWIF!
Jump in now and HOLD for quick profits again🚀
🥞 Buy on PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0xf94e94a6c5001886818def76097a0fd1ed049ba5