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When stepping into Futures and Options (F&O) trading, beginners often need help. The complexity and speed of this market can lead to costly errors. But what if you could learn from these mistakes before making them? Understanding the pitfalls and how to avoid them can have a marked distinction in your trading journey. This article explores some of the most common mistakes new F&O traders make and provides practical steps to prevent them. Mistake 1: Lack of a Solid Trading Plan One of the biggest mistakes of new future option trading doers is diving into trades without a clear plan. It's tempting to jump in, especially when others profit. However, trading without a plan is like driving without a map. You might get somewhere, but where you want to go is unlikely. How to Avoid It: Develop a solid trading plan before you start. This plan should include your risk tolerance, entry and exit strategies, and a clear set of goals. Question yourself, "What am I attempti...

There are several kinds of investors in the market. While the volatile market has some sitting on the fence, the same factor has pushed investors to go all in. During its origin, several dismissed Shiba Inu (SHIB) as a joke cryptocurrency as it was inspired by Dogecoin (DOGE). But the meme coin soon changed the narrative, as several people who poured their funds into the asset became millionaires and billionaires. Also Read: XRP: Ready to Rocket as Tether Bubble Bursts! The Investor’s Regretful Journey with SHIB An investor who purchased Shiba Inu in January 2021 was full of regrets. He reportedly poured in $2,000 and bought 25,874,894,883,239 SHIB tokens. The meme coin was trading at $0.000000000077295 during the purchase. Also Read: Shiba Inu: What Is SHIB’s Price If 99% Of Tokens Are Burnt? Why Did He Sell His SHIB Holdings? According to the investor, SHIB was one of the worst-performing cryptocurrencies in 2020. This prompted the investor to decide against taking a chance with his ...

Meme Kombat ($MK), the ultimate meme coin brawl-fest, has just launched its second season, packed with even more exciting upgrades. This gaming sensation, which raked in a whopping $10 million during its presale, continues to deliver on its roadmap goals. Season Two kicked off with a bang on July 28. Season one saw over 20,000 battles. With the new season now underway, that number has soared quickly to over 30,000, helped by fresh battle formats that keep players on the edge of their seats.. Meme Kombat is on fire and if you haven’t joined the exhilarating ride and placed your bets on your favorite meme fighter yet, head over to its website and dive into the battle arena. More Than 200 Million $MK Wagered On Meme Kombat In the Meme Kombat arena, players continue to go all in on meme coin fighters, such as Wojak, Sponge, Baby Doge, Pepe, Pepe 2.0, and more. According to its latest weekly update on August 20, a jaw-dropping 12 million ...

Crypto promoter Michelle Bond has been charged with four campaign finance law violations by US authorities for allegedly funding her 2022 campaign using FTX cash. An indictment unsealed on Aug. 22 in the US District Court for the Southern District of New York shows that US Attorney Damian Williams accused Bond and an unnamed co-conspirator of illegally funding her 2022 campaign for a seat in the US House of Representatives. Unnamed Co-Conspirator Description Points To FTX Exec Prosecutors charged Bond with conspiracy to cause unlawful campaign contributions, as well as causing and receiving unlawful campaign contributions, excessive campaign contributions, and a conduit contribution.  Bond allegedly arranged an illegal $400K payment. “I just wanted to say thank you so much for paying that invoice…really appreciate this, means a lot,” Bond wrote in a text to partner and former FTX Digital Markets co-CEO Ryan Salame, according to the indictment.  My sto...

There are scores of stories about people making it big with Shiba Inu (SHIB). Investors who got a whiff of the project in its early days made millions of dollars in profit and, in some cases, even billions. These rags-to-riches stories skyrocketed SHIB’s popularity among new investors who wanted to make it big within the crypto space. While many believe that the Shiba Inu (SHIB) boat has sailed, others still think there is time to gain massive profits. Let’s look at how you can make a billion dollars when SHIB hits $0.01. Also Read: Shiba Inu: SHIB’s Price If Its Market Cap Equals Ethereum’s How Can You Be a Billionaire When SHIB Hits $0.01? To have a billion dollars worth of SHIB at $0.01 per coin, you will need 100,000,000,000 (100 billion) coins. The price of 100 billion SHIB right now is about $1,410,000 ($1.41 million). If this trade is successful, your portfolio’s value will have grown by nearly 70,822%. Also Read: Shiba Inu: Here’s How You Can Be a Millionaire W...

The Shiba Inu (SHIB) network has endured a tumultuous month. The meme coin witnessed a 21% drop over the past 30 days. As a result, the holders of the asset hope that SHIB ends the month on a relatively bullish note. At press time, SHIB was trading at $0.00001406, following a 2.36% increase over the past 24 hours. The meme coin is trying to reverse the bearish trend it was caught up in throughout the month. Also Read: Ripple (XRP) & Dogecoin (Doge) Price Prediction For September 2024 SHIB Price Prediction for August 2024 Source Recent data reveals that Shiba Inu is expected to end this month relatively positively. According to Changelly, SHIB will witness a triple-digit surge this week. The meme coin will close the month at a high of $0.00002170 following a 56% rise from its current levels. Also Read: Cardano Price Prediction: How High Can ADA Rise In September 2024? Can Shiba Inu’s Correlation with Bitcoin Spell Trouble? According to data from IntoTheBlock, a market intelligence ...

The FTC’s ban on noncompete agreements – which was to take effect for tens of millions of Americans nationwide on September 4 – is now permanently on hold. In a ruling Tuesday, a federal judge in Texas upheld a challenge to the FTC’s rule banning noncompetes. US District Judge Ada Brown said the government agency lacks the authority to put the ban into effect. An estimated 30 million Americans – 1 out of every 5 workers – work within noncompete agreements in industries ranging from tech to fast food. The FTC argues the agreements stifle workers’ ability to switch jobs and earn higher wages. The rule would have meant that anyone applying for a new job could not be forced to sign a noncompete. Also, for workers with existing agreements, noncompetes would no longer be enforceable. This rule was first proposed in January 2023, with many employees speaking in favor of the proposal. The FTC said it expected the ban to increase workers’ wages by up to $488 billion over the next de...

The Black Myth Wukong price skyrocketed 56,000% in the last 24 hours to trade at $0.0800 as of 03:31 a.m. EST on trading volume of $5.2 million. The Black Myth Wukong cryptocurrency emerged from the immense popularity and hype surrounding the game Black Myth: Wukong . The game, currently boasting 1,494,045 live players on Steam, reached an all-time peak of 2,223,179 concurrent players on August 20, 2024. Black Myth Wukong Price Could Continue Surging The Black Myth Wukong price soared after launch through a markup phase, as the bulls capitalized on the hype surrounding a new token launch. However, the price of Black Myth Wukong encountered some resistance around $0.10, which resulted in the price correcting back to the $0.016 support level. The WUKONG price then rebounded, forming a rounding bottom pattern. The price of Black Myth Wukong now trades above the 50-day Simple Moving Average (SMA), confirming the bullish prospects of the token. Moreover, the Relative Strength Index ...

In what is a massive development for the meme coin, the Floki ecosystem has signed a major partnership with English Premier League teams. Indeed, both the FLOKI token and the Valhalla game will be featured as a key uniform sponsor. Moreover, it will appear across various stadium screens. The move is another huge step for crypto. The connection between sports and Web3 has been undeniable, with increased sponsorships taking place in recent weeks. Just last week, cryptocurrency exchange Crypto.com signed an exclusive deal with the UEFA Champions League. Source – Asia Crypto Also Read: Floki Inu Trends On X: How High Can Floki Trade This Week? FLOKI to Sponsor Premier League Teams in Massive Move There is no understating of the global popularity of football. Moreover, at the top of the sport stands the English Premier League. According to data from TransferMarkt, it is the most valuable football league on the planet. Featuring 20 teams, it is renowned for its competition and talent. W...

RCO Finance (RCOF) has burst on to the crypto industry’s general consciousness over the past few months. This has led to Ethereum whales stocking up on RCOF. What has triggered this move? And why is RCO Finance so attractive to these big investors? Let’s find out! Why RCO Finance Is Attracting Interest From Ethereum Whales Ethereum whales are focusing on RCO Finance for various reasons. One important reason is the AI-powered decentralized trading and investment platform. It allows users to invest in real-world assets, such as bonds, commodities, stocks, real estate, etc., with their crypto assets.  This trading platform bypasses brokers, charges low fees, offers up to 50x leverage , and gives traders full control of their activities. The trading platform is integrated with the AI robo advisor , which utilizes mathematical models to analyze market trends, identify opportunities, and generate actionable trading insights. These insights help traders reduce the...

Digital assets manager CoinShares says that institutional crypto investors poured only minor inflows of capital into digital asset investment products last week. In its latest Digital Asset Fund Flows report, CoinShares says that Ethereum (ETH) competitor Solana (SOL) institutional crypto investment products saw record outflows last week amid an apparent loss of interest in memecoins. “Solana saw outflows of US$39m, the largest on record, as it faced a sharp decline in trading volumes of memecoins, on which it heavily relies.” Source: CoinShares According to CoinShares, last week marked a huge drop in trading volumes for institutional investment products due to a change in expectations of the Federal Reserve’s next move. “Weekly trading volumes on investment products fell to nearly 50% of the week prior at US$7.6bn, as recent macroeconomic data implied the FED were less likely to cut interest rates by 50 basis points in September.” ...

Norway’s $1.7 trillion sovereign wealth fund (NBIM) has increased its indirect exposure to Bitcoin (BTC) to 2,446 coins by investing in crypto companies such as Coinbase, Marathon Digital and MicroStrategy. NBIM’s indirect exposure has risen from 938 BTC at the end of December to 2,446 BTC. This increase is the result of the NBIM upping its exposure to some of the biggest businesses in the Web3 space, according to Lunde. ”It perfectly illustrates how bitcoin is maturing as an asset and getting woven into any well-diversified portfolio,” said K33 Research analyst Vetle Lunde in an Aug. 14 post on X. NBIM Allocates More Capital To Marathon, Microstrategy And Block Inc. The fund’s exposure to MicroStrategy, which is currently under the leadership of Bitcoin advocate Michael Saylor, has risen from 0.67% to 0.89%. During the first half of the year, MicroStrategy also added 37,181 BTC to its reserves, which contributed to the NBIM’s indirect exposure...

Crypto strategist Michaël van de Poppe thinks that the digital asset market is a few weeks away from concluding its multi-month correction. The analyst tells his 722,800 followers on the social media platform X that September is a historically bullish month for crypto. According to Van de Poppe, altcoins are already flashing signs of life in their Bitcoin (BTC) pair. “The final weeks of pain are happening on the markets. From September onwards, it’s again the best period of the cycle for Bitcoin and crypto. BTC valuations are slowly grinding upwards already.” To support his bullish stance on altcoins, Van de Poppe shares a chart of TOTAL3 against Bitcoin (TOTAL3/BTC). TOTAL3 tracks the market cap of crypto excluding Bitcoin, Ethereum (ETH) and stablecoins and is used to gauge the performance of altcoins. According to Van de Poppe, TOTAL3/BTC appears to be gearing up for a breakout. “The only chart to watch. TOTAL3/BTC looks absolutel...

The Helium price rose 6% in the last 24 hours to trade at $6.85 as of 10:13 p.m. EST on trading volume that surged 11% to $28 million. Helium’s HNT rose 62% in the last 30 days and is up over 275% year-to-date. Could HNT sustain the current surge? Helium Price Prediction: HNT Could Continue Rallying The Helium price has been on an uptrend since mid-July, coming from the $3.16 support as it soared to the $7.46 resistance in August. HNT bulls have struggled to overcome the resistance, with the price of Helium now trading within the ascending triangle pattern. HNTUSDT Chart Analysis (Source: Tradingview.com) The Helium price Analysis shows a bullish bias, as HNT now trades above both the 50 and 200  Simple Moving Averages (SMAs) on the 4-hour chart. Furthermore, the Relative Strength Index (RSI) is moving within the 50-midline level, currently at 51, an indication that the RSI is neutral. This also shows that buyers are now accumulating as they prepare to sto...

Bitcoin Dogs (0DOG) will list on Gate.io, MEXC and Unisat on Aug. 21. What does listing on the 3 crypto exchanges mean for 0DOG? Bitcoin Dogs (0D0G) will be making its market debut with a bang as three major exchanges announce trading support. Investors who have waited since the Bitcoin Dogs’ successful presale are excited as listings and token claims get a clearer timeline. But what does this milestone mean for 0DOG price? Gate, MEXC to list Bitcoin Dogs After making history as the world’s first BRC-20 token ICO on the Bitcoin network, 0DOG is poised to land on Gate.io, MEXC and Unisat. The cryptocurrency exchanges will list the play-to-earn and non-fungible token platform’s native token on Aug. 21, 2024. 🚨HUGE ANNOUNCEMENT, DAWGZ!🚨 Bitcoin Dogs is set to hit not one, but THREE EXCHANGES in just 6 days! 🐶🚀 $0DOG will officially list on @gate_io, @MEXC_Official, AND @unisat_wallet on the 21st August, 11...