Mango man
Open Trade
Occasional Trader
2.9 Months
Beautiful people are not always good,but good people are always good.
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17 Followers
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#RiskManagement :
Risk management is *everything* in trading. It’s not just about the potential profits, but how much you're willing to lose on any given trade. Setting proper *stop-loss orders* and never risking more than *2% of your total portfolio* on a single trade is a good rule of thumb.
- *Example*: If you're holding *5,000* worth of crypto, don't risk more than *100* on one trade. This minimizes the chance of wiping out your account in a single bad move.
- *Prediction*: As the *market becomes more volatile*, having *risk management* in place is crucial. With Bitcoin’s unpredictability and altcoin swings, traders who ignore proper risk limits will likely see their profits diminish faster.
Risk management is *everything* in trading. It’s not just about the potential profits, but how much you're willing to lose on any given trade. Setting proper *stop-loss orders* and never risking more than *2% of your total portfolio* on a single trade is a good rule of thumb.
- *Example*: If you're holding *5,000* worth of crypto, don't risk more than *100* on one trade. This minimizes the chance of wiping out your account in a single bad move.
- *Prediction*: As the *market becomes more volatile*, having *risk management* in place is crucial. With Bitcoin’s unpredictability and altcoin swings, traders who ignore proper risk limits will likely see their profits diminish faster.
GENERAL COUNSEL OF BINANCE
Eleanor Hughes is the General Counsel for Binance, where she leads the company's legal affairs. She also works closely with the global compliance team to support Binance's commitment to responsibly grow the industry in close collaboration with regulators and policymakers globally
Hughes joined Binance’s Legal team in November 2021. She was subsequently promoted to be the Head of Legal for APAC and MENA, where she oversaw matters in the two regions and managed a team of lawyers specializing in regulatory affairs, M&A, commercial law, and litigation. She was instrumental in securing virtual asset service provider licenses and registrations for Binance in several jurisdictions, including Bahrain, Dubai, and New Zealand.
Eleanor is an accomplished legal professional with 15 years of experience in both private practice and in-house roles. She graduated from the University of Cambridge with First Class Honors and, prior to joining Binance, spent more than ten years at US law firms including Skadden, Arps, Slate, and Meagher & Flom LLP and Affiliates, where she focused on litigation and contentious matters.
#Binance #YiHe #StopLossStrategies #eleanorhughes
Hughes joined Binance’s Legal team in November 2021. She was subsequently promoted to be the Head of Legal for APAC and MENA, where she oversaw matters in the two regions and managed a team of lawyers specializing in regulatory affairs, M&A, commercial law, and litigation. She was instrumental in securing virtual asset service provider licenses and registrations for Binance in several jurisdictions, including Bahrain, Dubai, and New Zealand.
Eleanor is an accomplished legal professional with 15 years of experience in both private practice and in-house roles. She graduated from the University of Cambridge with First Class Honors and, prior to joining Binance, spent more than ten years at US law firms including Skadden, Arps, Slate, and Meagher & Flom LLP and Affiliates, where she focused on litigation and contentious matters.
#Binance #YiHe #StopLossStrategies #eleanorhughes
#StopLossStrategies
If you purchase a stock at a certain amount of money, say $20, and you want to make sure you don't lose more than 5 percent of your investment, you'll want to set your stop-loss order at $19. If the stock falls to $19 or below, it is automatically sold at the best market price at the moment.
According to Stock Trader, there are many reasons a person would want to set a stop-loss order. Doing so allows the trader to focus on other matters in his or her life, even during times of market volatility. This is because stop-losses don't need the investor to be present; they are completely automated.
Investors also like this technique because it removes all emotion and the possibility of over-thinking a sell. Investing can become an emotional trigger for some, resulting in poor practice and, eventually, loss. Creating a stop-loss is purely logical, which is important in an industry that requires discipline to succeed.
If you purchase a stock at a certain amount of money, say $20, and you want to make sure you don't lose more than 5 percent of your investment, you'll want to set your stop-loss order at $19. If the stock falls to $19 or below, it is automatically sold at the best market price at the moment.
According to Stock Trader, there are many reasons a person would want to set a stop-loss order. Doing so allows the trader to focus on other matters in his or her life, even during times of market volatility. This is because stop-losses don't need the investor to be present; they are completely automated.
Investors also like this technique because it removes all emotion and the possibility of over-thinking a sell. Investing can become an emotional trigger for some, resulting in poor practice and, eventually, loss. Creating a stop-loss is purely logical, which is important in an industry that requires discipline to succeed.
#DiversifyYourAssets To reduce the overall risk of an investment portfolio. The idea is that by holding a variety of investments, the poor performance of any one investment potentially can be offset by the better performance of another, leading to a more consistent overall return. Diversification thus aims to include assets that are not highly correlated with one another.
Most investment professionals agree that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. Here, we look at why this is true and how to accomplish diversification in your portfolio.
Most investment professionals agree that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. Here, we look at why this is true and how to accomplish diversification in your portfolio.
#BinanceEarnYieldArena Earn More with Binance Earn Yield Arena
Want to make your crypto work for you?Binance Earn Yield Arena is the ultimate platform to grow your assets effortlessly. Whether you're a HODLer or an active trader, there’s a way for everyone to maximize returns!
Want to make your crypto work for you?Binance Earn Yield Arena is the ultimate platform to grow your assets effortlessly. Whether you're a HODLer or an active trader, there’s a way for everyone to maximize returns!
Co-founder of Binance
Yi He is a Chinese entrepreneur and investor best known for founding Binance, the world's largest cryptocurrency exchange, with Changpeng Zhao. She serves as the Chief Marketing Officer leading business, marketing, and branding strategy at Binance and is also the head of Binance Labs.
Yi He was born in 1986 in China. She grew up in a rural area in Sichuan province in western China, where her parents worked as teachers. In one of her interviews, she mentioned:
“I'm from a very small village and a very poor family”
#Career
Yi He's first job was promoting a new soft drink by giving out free samples in front of a supermarket.
"It was a hard job and all the talking and hawking led to a hoarse voice”
Yi He's career in the entrainment industry began in 2012 when she joined a Chinese Television Channel and worked as a TV Show host for a travel show. She left the media industry in July 2014 and joined a startup.
Yi He learned about Bitcoin in 2013 while working for the start-up. In 2014, She started working in the cryptocurrency space and was one of the co-founders of OKCoin. She led OKCoin’s branding and marketing strategy. OKCoin was the largest Chinese cryptocurrency-to-fiat exchange as of 2015. Yi He handled user operations management, online marketing management, social media management, PR management, and branding management and helped OKCoin to obtain 60% of the Chinese market share.
In December 2015, Yi He joined the leading mobile video-sharing tech company, Yixia Technology. She served as Vice president and handled the product management and marketing operations for the company and its subsidiaries. She created the live-broadcasting platform “Yi Zhi Bo" which was later acquired by a social network company, Weibo. At that time, she said in a blog post:
“This world is crazier than you think, and I am part of this crazy world. Therefore, I would like to go back to my battlefield, join Binance, in order to complete my mission.”
In August 2017, she joined Changpeng Zhao to lead Binance, as their CMO. Under her leadership, Binance became one of the largest cryptocurrency exchanges in the world in just a few months, offering trading services for a wide range of cryptocurrencies.
Yi He had been responsible for many of Binance's key initiatives, including the launch of Binance's Initial Coin Offering (ICO) platform and its educational initiatives aimed at promoting the adoption and understanding of blockchain and cryptocurrencies.
#Philanthropy
Yi He is also actively involved in a number of charitable activities. Some of notable ones include:
Binance Charity Foundation: This is a non-profit organization founded by Binance in 2018, with the goal of using blockchain technology to enhance transparency and efficiency in the global charity sector. It has carried out several initiatives, including providing relief aid to disaster-stricken areas and helping to educate underprivileged children.
Binance for Children: This is a campaign launched by Binance Charity Foundation in 2019, aimed at helping children in need around the world. As part of this initiative, Binance has donated funds to organizations working in education, healthcare, and other areas to support children's development.
Binance COVID-19 Relief Fund: In response to the COVID-19 pandemic, Binance established a relief fund in 2020 to provide financial support to organizations and individuals affected by the crisis. The company also launched a fundraising campaign, encouraging its users to donate funds, which were t
hen distributed to those in need.
#YiHe
Yi He was born in 1986 in China. She grew up in a rural area in Sichuan province in western China, where her parents worked as teachers. In one of her interviews, she mentioned:
“I'm from a very small village and a very poor family”
#Career
Yi He's first job was promoting a new soft drink by giving out free samples in front of a supermarket.
"It was a hard job and all the talking and hawking led to a hoarse voice”
Yi He's career in the entrainment industry began in 2012 when she joined a Chinese Television Channel and worked as a TV Show host for a travel show. She left the media industry in July 2014 and joined a startup.
Yi He learned about Bitcoin in 2013 while working for the start-up. In 2014, She started working in the cryptocurrency space and was one of the co-founders of OKCoin. She led OKCoin’s branding and marketing strategy. OKCoin was the largest Chinese cryptocurrency-to-fiat exchange as of 2015. Yi He handled user operations management, online marketing management, social media management, PR management, and branding management and helped OKCoin to obtain 60% of the Chinese market share.
In December 2015, Yi He joined the leading mobile video-sharing tech company, Yixia Technology. She served as Vice president and handled the product management and marketing operations for the company and its subsidiaries. She created the live-broadcasting platform “Yi Zhi Bo" which was later acquired by a social network company, Weibo. At that time, she said in a blog post:
“This world is crazier than you think, and I am part of this crazy world. Therefore, I would like to go back to my battlefield, join Binance, in order to complete my mission.”
In August 2017, she joined Changpeng Zhao to lead Binance, as their CMO. Under her leadership, Binance became one of the largest cryptocurrency exchanges in the world in just a few months, offering trading services for a wide range of cryptocurrencies.
Yi He had been responsible for many of Binance's key initiatives, including the launch of Binance's Initial Coin Offering (ICO) platform and its educational initiatives aimed at promoting the adoption and understanding of blockchain and cryptocurrencies.
#Philanthropy
Yi He is also actively involved in a number of charitable activities. Some of notable ones include:
Binance Charity Foundation: This is a non-profit organization founded by Binance in 2018, with the goal of using blockchain technology to enhance transparency and efficiency in the global charity sector. It has carried out several initiatives, including providing relief aid to disaster-stricken areas and helping to educate underprivileged children.
Binance for Children: This is a campaign launched by Binance Charity Foundation in 2019, aimed at helping children in need around the world. As part of this initiative, Binance has donated funds to organizations working in education, healthcare, and other areas to support children's development.
Binance COVID-19 Relief Fund: In response to the COVID-19 pandemic, Binance established a relief fund in 2020 to provide financial support to organizations and individuals affected by the crisis. The company also launched a fundraising campaign, encouraging its users to donate funds, which were t
hen distributed to those in need.
#YiHe
Binance Holdings Ltd., branded Binance, is the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software.
#ChangpengZhao
#YiHe #PowellRemarks
#ChangpengZhao
#YiHe #PowellRemarks
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