How safe is trading in Colombia?
The quick answer is yes, trading is legal in Colombia; it is a legal financial activity monitored by the Superintendence of Finance of Colombia that strengthens the economic development of individuals and countries. However, there are certain aspects you should know beforehand.
What is the 3 5 7 rule in trading?
3-5-7 Rule in Trading: What It Is and How to Use It
The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting the risk of each individual trade to 3% of the trading capital, maintaining overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades.
Is it possible to live off trading? Overview created by IA
Yes, it is possible to live off trading, although it is not easy and requires dedication, discipline, and a well-defined strategy. However, it is important to highlight that most traders do not manage to turn trading into their main source of income.
