#Why Most People Lose Money in Trading: A Simple Truth About Human nature
Trading promises wealth, freedom, and the excitement of beating the market. But despite the dream, the reality is that 90% of traders lose money. Why? It often comes down to one common mistake: trying to get rich too fast. The "Get Rich Quick" Trap Imagine two doors. One says “Slow and Steady Gains.” The other says “Get Rich Quick.” Most people line up behind the second door. This image reflects the mindset of many new traders. They want fast profits, big wins, and overnight success. Social media and flashy stories of millionaire traders only make it worse. The result? People jump into the market without a plan, chasing trends, taking big risks—and often losing their money. The Better Path: Patience and Discipline The truth is, successful traders don’t think like gamblers. They treat trading as a skill, not a shortcut. They focus on long-term growth, protect their capital, and stay disciplined even when the market gets emotional. Here’s what sets them apart: They use a plan. Smart traders follow a strategy they’ve tested—not random tips from online forums. They manage risk. They know how much they can afford to lose and never bet everything on one trade. They stay calm. Instead of panicking or getting greedy, they make decisions based on logic, not emotion. They keep learning. Markets change, and so do successful traders. Education is part of their routine. A Smarter Way to Think About Trading If more people approached trading with a long-term mindset, far fewer would lose money. The "slow and steady" path might not sound exciting, but it works. It builds real skills, stable profits, and confidence over time. So the next time you're tempted by promises of fast money, remember: real success in trading isn’t about speed. It’s about patience, preparation, and persistence. #CryptoNews #BinanceAlphaAlert #BinanceAlphaPoints #BinancePizza
🔹️xAI has investigated unauthorized modifications in Grok's prompt
According to Foresight News, xAI announced that unauthorized changes were made to its AI chatbot Grok's prompt on Platform X at 10:33 AM UTC+8 on May 15, 2025. The modifications included political topics that violated the company's internal policies. In response, xAI has initiated an investigation and is implementing measures to enhance Grok's transparency and reliability. These measures include making Grok's system prompt publicly available on GitHub, strengthening the review process for prompt modifications, and establishing a team for round-the-clock monitoring. Previously, Foresight News reported that Grok had repeatedly mentioned the topic of "white genocide in South Africa". . .. #BinanceAlphaAlert #news #BinanceSquareTalks #TradeStories #TradeWarEases
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part of Binance’s Pizza Day celebrations, Binance Square is pleased to introduce a new promotion where users can complete simple tasks to unlock a share of 6,000 USDC token vouchers. # Activity Period: 2025-05-15 12:00 (UTC) to 2025-05-28 23:59 (UTC) Promotion A: New Square Users Only - Complete Tasks to Unlock 50 Binance Points and Share 5,000 USDC in Token Vouchers New Square users can unlock 50 Binance Points and a share of 5,000 USDC when they create their first post on Binance Square! Eligible users who have never created a post on Binance Square before 2025-05-15 12:00 (UTC) can participate in this Promotion to equally share 5,000 USDC token vouchers, capped at 5 USDC per participant. - Set up your Square profile (i.e., bio, username, profile picture) - Follow 5 creators and gain 5 followers - Comment, like, and share 5 posts on Square - Create your first post on Square to claim 50 points in the Task Center Promotion B: All Square Users - Create a Post with #BinancePizza to Share 1,000 USDC In the spirit of Bitcoin Pizza Day, where we celebrate the first-ever real-world transaction in crypto, users may create a post on Binance Square with the hashtag #BinancePizza and the trade sharing widget to share with us any trade you make during the Activity Period. All eligible users who create an eligible post will share the 1,000 USDC token voucher rewards pool equally, capped at 5 USDC in token voucher per participant. Only Square posts that contain at least 100 characters and have at least 5 engagements (including likes, shares, comments, and reposts), will count as eligible posts in Promotion A and/or Promotion B. . . .#PizzaDay #BinanceAlphaAlert #BTC #ETH $USDC