ThoughtsAboutTrading

Initial results on Binance:
I had not previously engaged in trading practically, although the topic had been on my radar for quite some time.
Here are some subjective conclusions drawn from the start of trading:
1) Investing all the money in the world is not worth it; it's better to always start with a small amount and understand the mechanics of the platform.
2) Futures and margin - it's better not to even try without gaining experience (yes, this is coming from someone who hasn't seen much on the exchange).
3) Quick profit - watch Hollywood. The original saying goes No pain - No gain, but I would say No experience - no result. The ability to wait is truly valuable in reality. A basic rule (often encountered but still ignored by many): buy on the dip, sell on the rise.
4) The market operates 24/7. If you feel the urge to make many profitable trades quickly - step away from the screen and go to sleep. The market won't go anywhere, and the 'deal of the century' will still find you.
5) The influence of news is hard to overstate. The key is to know how to respond correctly and not to follow the majority blindly.
Wishing everyone successful trading!
#ThoughtsAboutTrading

#ThoughtsAboutTrading Operations
Trading operations involves managing and overseeing the daily activities of a trading firm or department. Key responsibilities include:
- *Monitoring Trades*: Evaluating and approving trades generated from systematic engines, ensuring accuracy and timeliness.
- *Risk Management*: Identifying and mitigating financial and technological risks, and escalating issues as needed.
- *Reconciliation*: Verifying daily risk positions and profit/loss reports against controller department records, resolving discrepancies.
- *Infrastructure Support*: Maintaining production Unix trading infrastructure and ensuring seamless operations.
- *Project Participation*: Contributing to projects, architecture reviews, and process automation initiatives.

*Required Skills:*

- *Financial Knowledge*: Understanding of finance, business, and economics.
- *Technical Expertise*: Proficiency in programming languages like Python, Java, or C++.
- *Analytical Skills*: Ability to analyze data, identify risks, and develop solutions.

*Job Roles:*

- *Trading Operations Specialist*: Assists with daily trading operations, corporate action elections, and risk management.
- *Trading Operations Lead*: Oversees teams, drives process improvements, and ensures compliance with regulations.
- *Technical Trader*: Develops and implements trading systems, requiring strong programming and technical skills.

*Industry Applications:*

- *Hedge Funds*: Supporting complex trading strategies and risk management.
- *Brokerage Firms*: Facilitating client trades, managing risk, and ensuring regulatory compliance.
- *Investment Banks*: Providing trading infrastructure and support for clients ¹.