Author: Xavier Monahan

5 mistakes to avoid when entering presales 

The world of cryptocurrency and blockchain continues to grow each year, with exciting new projects launching all the time. Many projects hold a presale or private sale before the public token sale to rise initial funding. Getting into these early sales means securing tokens at a discounted price. However, entering a presale also comes with risks if you don’t understand the project properly.

Doing too little research on the project

The first big mistake is not researching the crypto project enough before entering the presale. When tokens are priced low in the presale stage, it is tempting to dive in quickly without proper due diligence. However, not understanding what the project is building, how it works, and who is behind it is hugely risky in cryptocurrency. Before buying any tokens in a presale, you should dive deep into the whitepaper, research the team members and advisors, and check for audits and verifications, the tokenomics, roadmap, and business model. Don’t risk money on a project you don’t fully understand – that’s no different than gambling. Proper research should give you confidence that there is substance, potential, and competency behind the crypto start-up.

Failing to check presale details 

Crypto enthusiasts get burned by failing to check the fine details around vesting schedules, bonuses, presale formats, and more. For example, a project might offer much discounted token prices. However, the tokens then have a multi-year vesting schedule meaning you cannot access most tokens for months or years after the presale. Some presales have tiered bonus structures where buying more tokens gives you a bigger bonus. However, the biggest bonuses might require an impractical investment for most buyers.

Be sure to comb through blogs, announcements, and offering documents to understand vesting schedules, bonuses being offered, the minimum and maximum buy-ins, and any other presale details relevant to your investment amount and strategy. Don’t presume anything – crystallize how the presale works in writing from official sources before purchasing.

Investing more than you can afford to lose

Retik Finance’s presale stages cryptocurrency presales remain high-risk investments, no matter how promising the project seems. Many presales require a minimum buy-in of $100 to $500. However, only invest what you lose without impacting your finances or life. Never take on debt or liability to invest in a presale or put in so much money that the failure of the project would be catastrophic for your net worth. Approach presales as high-risk, high-reward speculation where a total loss wouldn’t change your financial plans.

Considering vesting schedules

As highlighted earlier, many presale token allocations have vesting schedules lasting months or even years after the initial purchase. It means even if you want to sell or send your tokens after launch, most of them will be locked up for a set period. Failing to account for the locking of tokens limits your ability to take profits on price spikes or use the assets.

Before entering a presale, analyze the published vesting schedule in detail including cliffs, release portions, and duration. They are comfortable with when you will be able to access tokens fully and factor that into your post-launch strategy. Also, be aware that vesting contracts have bugs too so diversity across multiple presale investments is key.

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Invest Anytime, Anywhere: Exploring the World of Online Demat Accounts

In the dynamic landscape of modern finance, the emergence of online demat account has ushered in a new era of accessibility, flexibility, and convenience for investors. These digital platforms have revolutionized the traditional methods of investing, allowing individuals to participate in the financial markets anytime and anywhere. This article delves into the key features and advantages of online demat accounts, highlighting the transformative nature of these platforms in the world of investments.

1. 24/7 Accessibility

Online demat accounts provide investors with unprecedented access to their investment portfolios round the clock. This 24/7 accessibility transcends geographical boundaries, enabling investors to monitor, manage, and execute trades at their convenience. Whether it’s early morning or late at night, investors have the flexibility to engage with their portfolios whenever they choose and then consider the Yes bank share price.

2. Seamless Transaction Execution

Gone are the days of waiting for physical documents and manual processing. Online demat accounts facilitate seamless and instant transaction execution. Investors can buy or sell securities with a few clicks, eliminating the need for paperwork and significantly reducing transaction times. This efficiency enhances the overall trading experience and empowers investors to capitalize on market opportunities promptly.

3. Paperless and Digital Transactions

The transition to online demat accounts has heralded a shift towards paperless and digital transactions. Investors no longer need to contend with physical share certificates or extensive documentation. The entire investment process, from account opening to transaction settlement, is conducted electronically. This not only streamlines processes but also aligns with global efforts towards sustainable and eco-friendly practices. You need to know more on Yes bank share price.

4. Diverse Investment Options

Online demat accounts open the door to a diverse range of investment options. Investors can explore stocks, bonds, mutual funds, exchange-traded funds (ETFs), and other financial instruments, all within a single digital platform. This diversity allows investors to tailor their portfolios to align with their risk tolerance, financial goals, and investment preferences.

5. Real-time Portfolio Tracking

The transparency offered by online demat accounts is amplified by real-time portfolio tracking. Investors have instant access to their holdings, transaction history, and market valuations. This real-time information empowers investors to make informed decisions based on the latest market developments, enhancing their ability to navigate the complexities of financial markets while considering the Yes bank share price.

6. Cost-effective Investing

Online demat accounts often come with cost advantages. The reduction in paperwork, manual processes, and intermediaries leads to lower transaction costs. Additionally, many online brokerage platforms offer competitive fee structures, enabling investors to optimize their costs and maximize returns. This cost-effectiveness contributes to the democratization of investing, making it accessible to a broader spectrum of individuals.

7. Mobile Applications for On-the-Go Investing

The advent of mobile applications has further transformed the landscape of online demat accounts. Investors can now carry their portfolios in their pockets, with dedicated mobile apps offering a user-friendly interface for on-the-go investing. This mobility ensures that investors can stay connected to the markets and manage their investments from virtually anywhere with an internet connection and know more on Yes bank share price.

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Buy Bitcoin with Gift Card: A Quick and Easy Guide

Are you wondering tips on how to purchase Bitcoin using a gift card? Well, look no further! In this guide, we are going to stroll you thru the easy steps of buying Bitcoin with a gift card. Whether you might have received a gift card as a present otherwise you simply wish to use it to put money into cryptocurrency, this technique is both handy and straightforward.

Step 1: Find a Trusted Exchange

The first step in buying Bitcoin with a gift card is finding a trusted exchange that accepts gift cards as a payment option. Not all exchanges offer this feature. Therefore, it’s crucial to do your research and find a reputable platform that supports gift card transactions for Bitcoin.

Step 2: Select the Gift Card Option

Once you have chosen a dependable trade, navigate to their web site and create an account when you don’t already have one. Next, log in to your account and search for the option to buy Bitcoin with a gift card. This possibility may be labeled in a special way depending on the platform however must be easily identifiable.

Step three: Enter Gift Card Details

Upon selecting the gift card option, you will be prompted to enter the necessary details regarding your gift card. This typically includes the gift card number, buy and sell bitcoin PIN, and any additional verification information requested by the exchange. Make sure to double-check the entered information to avoid any errors.

Step 4: Verify the Transaction and Confirm

After offering the required gift card details, the trade will confirm the information supplied. This step ensures the validity of the present card and prevents any fraudulent actions. Once the verification process is complete, fastidiously evaluate the transaction particulars and confirm your buy.

Benefits of Buying Bitcoin with a Gift Card

Buying Bitcoin with a gift card offers several advantages. Firstly, it offers an alternate fee possibility for individuals who may not have entry to traditional banking providers or credit cards. Additionally, it allows users to utilize the value of their unused or undesirable reward playing cards for a doubtlessly profitable investment.

Furthermore, purchasing Bitcoin with a gift card can be a discreet technique because it minimizes the necessity for providing private monetary data during the transaction. This feature appeals to those who prioritize privacy and security.


In conclusion, shopping for Bitcoin with a present card is a convenient and safe method to enter the world of cryptocurrency. By following the easy steps outlined above, you’ll have the ability to simply convert your reward card into Bitcoin and begin exploring the exciting opportunities provided by this digital asset.

Remember, all the time select a trusted trade when making any transactions involving your gift card or cryptocurrency. Take the time to research different platforms, read consumer reviews, and make certain the change has proper security measures in place.

So, why wait? Unlock the potential of your present card today by exchanging it for Bitcoin!

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How to Buy Bitcoin with American Express: A Comprehensive Guide

Are you interested by investing in Bitcoin utilizing your American Express card? Look no further! In this information, we are going to stroll you thru the process of shopping for Bitcoin with American Express, highlighting important components and providing useful tips along the best way.

Why Use American Express to Buy Bitcoin?

American Express, also referred to as Amex, is a extensively accepted fee method that provides numerous benefits when buying Bitcoin. Here are a couple of reasons why utilizing American Express to buy Bitcoin could be advantageous:

  • Rewards Points: Many American Express playing cards offer reward packages that permit you to earn points for every purchase you make. This means you possibly can accumulate factors even whereas investing in Bitcoin.
  • Security: American Express comes with robust security features, offering enhanced protection in opposition to fraud and unauthorized transactions. This provides an additional layer of security when coping with cryptocurrencies.
  • Convenience: Using your American Express card to purchase Bitcoin offers a handy and seamless expertise. You can simply monitor and handle your transactions within your American Express account.

Steps to Buy Bitcoin with American Express

Step 1: Choose a Cryptocurrency Exchange

The first step in buying Bitcoin with American Express is to choose out a trustworthy cryptocurrency exchange that accepts American Express as a cost technique. Some well-liked exchanges embrace Coinbase, Binance, and Bitstamp.

Step 2: Create an Account

Once you might have chosen a cryptocurrency exchange, you should create an account. Provide the necessary info and complete the verification process, which may contain submitting identification documents.

Step 3: Link Your American Express Card

After creating your account, navigate to the fee settings part and link your American Express card. Follow the directions offered by the exchange to securely connect your card.

Step 4: Verify Your Card

To make sure the security of your transactions, the cryptocurrency exchange may require you to verify your American Express card. This verification process typically involves a small charge to your card, which you must affirm earlier than continuing.

Step 5: Place an Order

Once your American Express card is linked and verified, you’re prepared to put your Bitcoin order. Specify the quantity of Bitcoin you want to purchase and evaluate the transaction details before finalizing your order.

Step 6: Securely Store Your Bitcoin

Upon completion of your purchase, it’s essential to transfer your Bitcoin to a secure pockets. Cryptocurrency wallets present a secure storage solution on your digital assets, protecting them from potential cyber threats.

Frequently Asked Questions (FAQs)

Can I buy Bitcoin instantly with American Express?

Yes, many cryptocurrency exchanges supply instant purchases using American Express. However, it may be very important notice that some exchanges might have certain limitations or additional verification requirements.

Are there any fees associated with shopping for Bitcoin using American Express?

Most cryptocurrency exchanges cost a payment for buying Bitcoin with American Express. It is advisable to verify the exchange’s charge structure earlier than making a transaction.

Is it safe to purchase Bitcoin with American Express?

When using reputable cryptocurrency exchanges and following proper security measures, buying Bitcoin with American Express can be safe. Ensure that you only use trusted platforms and implement strong security practices.

Can I earn rewards factors when buying Bitcoin with American Express?

Yes, in case your American Express card offers a rewards program, you can earn points in your Bitcoin purchases. Check along with your credit card provider to know the precise rewards structure and any applicable terms and situations.

What ought to I do if my American Express card payment is declined?

If your American Express card payment is declined, double-check that you have entered the correct card details and that your card has buy bitcoin usa sufficient funds. If the issue persists, contact American Express customer support or the cryptocurrency exchange for assistance.

Now that you’ve got got gained a comprehensive understanding of how to purchase Bitcoin with American Express, you would possibly be able to embark in your cryptocurrency investment journey. Remember to remain informed, train caution, and revel in the benefits of investing in Bitcoin!

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Filing Tax Returns: What to Do if You Haven’t Filed and Other Concerns

Filing tax returns is an important responsibility that everyone who earns an income should take seriously. If you haven’t filed your tax returns yet, or if you have other concerns about the process, it’s important to address them promptly. Have a look at IRS Tax Help Michigan

  1. Need for Filing Tax Returns
    Filing tax returns is a way of reporting your income to the government. This helps the government determine how much tax you owe, if any and also ensures that you receive any tax refunds you may be eligible for.
  2. What Steps to Take If You Haven’t Submitted Your Tax Returns Yet
    If you have not yet filed your tax returns, there’s no need to panic. It’s crucial to take action as soon as possible. Start by gathering all the necessary financial documents, including W-2 forms, 1099s, and other income-related paperwork. If you’re unsure about how to proceed, it’s recommended that you seek assistance from a tax professional or use tax software to guide you through the process.
  3. Penalties for Late Filing
    It is crucial to file your tax returns on time to avoid penalties and interest charges. These penalties can accumulate over time, making it even more important to file as soon as possible. If you are unable to meet the deadline, you can file for an extension. However, please note that while it gives you extra time to submit your returns, it does not extend the deadline for paying any taxes you owe.
  4. What If You Can’t Afford to Pay Your Taxes?
    If you find yourself in a situation where you can’t afford to pay your taxes, it’s crucial not to ignore the issue. The government offers options like installment plans that allow you to pay your taxes over time. Additionally, you may be able to negotiate with the IRS or seek advice from a tax professional to explore other potential solutions.
  5. Seeking Professional Assistance
    If you’re feeling overwhelmed or unsure about the tax filing process, seeking help from a tax professional can be a wise move. Tax professionals are trained to understand the complexities of tax laws and can provide guidance tailored to your specific situation.
  6. Keeping Records for Next Year
    To simplify the process of filing taxes in the following year, it’s essential to start organizing your financial records as early as possible. Throughout the year, make sure to keep track of your income, expenses, and deductions. This will help you save time and reduce stress when it’s time to file your taxes again. By adopting a proactive approach to record-keeping, you can stay on top of your finances and ensure a smooth tax filing process.

Filing tax returns is an essential responsibility that you should not overlook. In case you haven’t filed yet, it’s crucial to take action as soon as possible to avoid any penalties. Additionally, consider keeping better records for the future.

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Strategic Financial Planning for Start-ups: Why It’s Crucial


Start-ups, by their very nature, are ventures fueled by innovation, ambition, and a vision for the future. Amidst the excitement of developing groundbreaking products or services, it’s easy to overlook the significance of strategic financial planning. However, effective financial planning is not just reserved for established businesses; it’s a cornerstone for the success and sustainability of start-ups. This article delves into why strategic financial planning is crucial for start-ups and how it lays the foundation for growth and long-term success.

The Importance of Strategic Financial Planning

  1. Clarity in Resource Allocation: Start-ups often operate on limited resources, making it essential to allocate funds efficiently. Strategic financial planning helps prioritize spending on critical areas, such as product development, marketing, and talent acquisition.
  2. Risk Management: Start-ups face numerous uncertainties, from market fluctuations to unexpected expenses. A well-structured financial plan includes risk assessment and mitigation strategies, reducing the impact of potential setbacks.
  3. Attracting Investors: Investors seek start-ups with a clear financial roadmap. A strategic financial plan demonstrates a thorough understanding of the business’s financial needs and potential returns, making it more appealing to potential investors.
  4. Sustainable Growth: Start-ups aim for rapid growth, but this must be balanced with financial stability. A strategic financial plan guides growth by ensuring the availability of resources while avoiding overextension.

Components of Strategic Financial Planning

  1. Budgeting: Creating a detailed budget that outlines projected revenue and expenses helps start-ups track their financial health and make informed decisions.
  2. Cash Flow Management: Managing cash flow is critical. A strategic financial plan ensures that there’s enough cash to cover operational needs, preventing liquidity issues.
  3. Financial Forecasting: Forecasting estimates future financial performance based on historical data and market trends. It provides insights for decision-making and identifying potential challenges.
  4. Capital Structure Planning: Determining the right mix of equity and debt financing is crucial for start-ups. A well-structured capital plan helps maintain a healthy balance sheet.
  5. Sensitivity Analysis: Examining the impact of various scenarios on financial projections helps identify vulnerabilities and informs risk management strategies.
  6. Exit Strategy: Even though it may seem premature, having an exit strategy in place is essential. Whether through acquisition, IPO, or other means, it guides long-term planning.

Benefits of Strategic Financial Planning for Start-ups

  1. Alignment with Goals: A strategic financial plan is aligned with the start-up’s goals, ensuring that every financial decision contributes to the overall vision.
  2. Early Problem Identification: Financial planning highlights potential issues before they escalate, giving start-ups the chance to address challenges proactively.
  3. Capital Efficiency: Start-ups can avoid wasteful spending and direct resources where they are most needed, increasing the efficiency of their operations.
  4. Investor Confidence: A robust financial plan demonstrates professionalism, leading to increased investor confidence and potential funding opportunities.
  5. Adaptability: As start-ups evolve, their financial needs change. Strategic financial planning provides the flexibility to adjust goals and strategies accordingly.

Considerations for Start-ups

  1. Realistic Assumptions: Base your financial projections on realistic assumptions. Overly optimistic estimates can lead to poor decision-making.
  2. Regular Review: A strategic financial plan is not static. Regularly review and update it to reflect changes in the business landscape.
  3. Expertise: If financial planning is not your expertise, consider hiring professionals or seeking guidance from mentors who have experience in start-up financial management.
  4. Scenario Planning: Develop multiple scenarios to account for a range of outcomes. This helps in being prepared for different possibilities.


Strategic financial planning is not just a task for established businesses; it’s a vital practice for start-ups that seek to thrive in a competitive landscape. By laying out clear financial goals, projections, and risk management strategies, start-ups can make informed decisions that contribute to their growth and success. A strategic financial plan serves as a roadmap, guiding the start-up’s journey, attracting investors, and positioning it for sustainable long-term achievement.

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What is securities lending and how does it work in Singapore?

Securities lending is becoming a popular way for investors in Singapore to earn extra revenue with their existing assets. As an individual investor, becoming a securities lender in the city may be more challenging compared to institutional investors, as it is an activity that requires a significant amount of capital and operational infrastructure. Nevertheless, there are ways that individual investors can participate in securities lending.

In this article, we look at what securities lending is, how it works, and its appeal to investors. We will also explain some of the risks involved in the activity and present some ways you can minimise them. If you are interested in securities lending in Singapore, this will provide a good foundation of knowledge on your journey to becoming a securities lender.

What is securities lending?

Securities lending is a process by which investors lend securities, such as stocks or bonds, to other investors or financial institutions for a period in exchange for collateral. The borrower agrees to return the securities to the lender later, along with any agreed-upon and accrued interest or fee.

How does securities lending work?

Securities lending typically works when a market participant wants to borrow securities – either to short sell or to settle a trade. Some assets are in higher demand than others in the market, and lenders will have an easier time loaning them out.

Brokers, custodian banks, and securities lending agents facilitate the lending process, and they match lenders to borrowers. They negotiate the terms of the loan, including the interest fee, custody fee, and other operational charges to be paid by the borrower to the lender.

The borrower borrows the securities by providing collateral, such as cash or other securities, to the lender. This collateral is typically worth more than the value of the borrowed securities to minimise the chances of the borrower defaulting on the loan. The facilitator then transfers the securities to the borrower’s account, while the lender maintains legal ownership of the securities.

The borrower can then use the borrowed securities for a specified period as outlined in their contract terms, and this typically ranges from a few days to a few months. After this time, the borrower pays an interest or a fee to the lender, and the lender returns the collateral to the borrower.

Is securities lending legal in Singapore?

Securities lending is legal in Singapore. The Monetary Authority of Singapore (MAS) is the country’s central bank and financial regulator, and it permits securities lending activities in Singapore under certain conditions. More details can be found on their official website, which updates regularly.

What is the appeal of being a securities lender?

There are many benefits of being a securities lender, including the potential for profit which can lead to additional income, the contribution to market efficiency, risk management, and having an improved portfolio performance. Let’s go through each one in turn.

Additional income

One of the primary benefits of being a securities lender is the ability to generate additional income should the asset be in high demand from market participants. By lending out securities to other investors, lenders can earn an interest, which can supplement their investment returns.

Contribution to market efficiency

Lenders can also contribute to market efficiency by improving it with securities lending. When they loan their securities, they facilitate short selling and other trading activities. Short selling, in particular, can help identify overvalued securities and prevent market bubbles from forming.

Risk management

During times of market downturn, securities lenders can choose to loan the security and earn income on it while waiting for market conditions to improve. This can help them reduce the losses they incur while they ride out market uncertainties.

Improved portfolio performance

Finally, securities lending can improve a trader’s overall portfolio performance when a trader decides to loan out securities they are not currently using. This is because other market participants can put those securities into use and generate revenue. This can improve the lender’s overall portfolio performance.

What are the risks involved in securities lending?

Nevertheless, there are risks involved in securities trading, and they include counterparty risk, collateral risk, market risk, and legal and regulatory risk. Below, we look at them in more detail and provide tips on how you can minimise these risks.

Counterparty risk

For every asset you lend, there will be a borrower, who is your counterparty. Counterparty risk is the risk of the borrower defaulting on the loan and failing to return the securities to the lender. When this happens, the lender will lose their securities. To lower the chances of this happening, you should make sure the borrower always provides a collateral that can cover the value of the borrowed securities.

Collateral risk

Collateral risk is the risk that the value of the collateral provided by the borrower declines in value, leading to it not being able to cover the value of the borrowed securities. Collateral risk is present usually for non-cash collateral, such as other forms of securities, as they can decline in value depending on market conditions. To minimise this risk, you should accept collateral in the form of cash, or you should carefully consider the securities presented as collateral by staying up to date with the market conditions of the assets.

Market risk

Market risk is the risk of the market fluctuating, causing the value of the securities to decline during the loan period. If the value of the securities falls, the borrower may not be able to provide sufficient collateral to cover the loss. This results in a loss for the lender too. To limit market risk, you should keep a close eye on the market of the securities you loan, and you should diversify the securities you loan so that one market’s downturn will not cause you to lose a large sum of money.

Legal and regulatory risk

Finally, the MAS regulates securities lending in Singapore. Changes to regulations they pass may impact the legality and profitability of securities lending activities. Therefore, you should always keep an eye on the local regulations and laws to ensure that you understand what you are doing.

How to be a securities lender in Singapore

If you are an individual investor looking to become a securities lender in Singapore, you can do so by joining a lending programme facilitated by a broker, a custodian bank, or through a securities lending agent. One of the most common ways to do this is through a broker, where you can loan out your existing assets in an investment account to earn extra income.

Working with a broker

As an individual investor, you can open an account with a broker that offers securities lending. When you fulfil their minimum account balance requirements and other eligibility criteria, you will be able to participate in the scheme should you sign up for it. Once you activate your account, you can choose which securities you want to loan depending on its demand from market participants. When you work with a broker, you will not need to have a large amount of capital, as your broker will likely pool your assets together with those of their other clients.

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How To Get Started As A Beginner Breakout Trader: A Guide

The breakout trading strategy is one of many trading strategies that traders utilize to maximize their returns on investments. As a trader, it’s crucial to determine your entry and exit points as you start investment in different asset classes. The breakout trading strategy is just about the timing of entering the market when the chances of gaining returns are high. 

So, what exactly is the breakout strategy?

To thoroughly understand what a breakout strategy means, there’s one term that you need to familiarize yourself with – ‘breakout.’ A breakout is when the price of a certain asset moves past a certain range. Usually, this price movement is contextualized to be of high momentum, which means that the price of the asset is likely to follow an upward trend in the future. When a breakout occurs, and a trader demonstrates interest in that particular asset by putting in their money, they are said to be utilizing the breakout market trading strategy. 

How is the breakout strategy different from momentum trading?

Breakout trading might sound similar to the momentum trading strategy, but the two have a key difference. In momentum trading, a trader enters the market when a price trend has already been established. On the other hand, in breakout trading, a trader invests when they’ve just begun to anticipate a trend in the market based on several indicators. To learn more about this topic, we recommend you refer to a mobile trading app or blog that can give you more insights on the difference between the two strategies.

How to succeed as a breakout trader?

  1. Choose the right platform: The search for the best stock trading app or platform won’t be easy, but it’ll surely be worth the effort if you want to utilize the breakout strategy. The first step to success as a breakout trader lies in being selective with the choice of platforms. Ideally, look for platforms that especially focus on market breakouts, so you get all vital breakout notifications.  
  2. Familiarize yourself with key terms: Apart from ‘breakout,’ several other terms are frequently used when discussing breakout trading, such as support and resistance level. By understanding what these terms mean, you’ll be able to forge better conversations with professional breakout traders who will be able to help you become a better trader. Additionally, you won’t find yourself caught in a spiral of confusion when you come across industry-specific terms when reading blogs or guides.  
  3. Decide on a confirmation metric: Multiple ways exist to assess whether a breakout has occurred. Traders weigh in factors like price movement, trading volume, etc., to determine the occurrence of a breakout. To confirm whether a breakout has occurred, it’s best to decide which metric you’re going to track. Any share trading app focusing on breakout trading may allow you to set your parameters when deciding if a breakout occurred. 

To sum up, a breakout strategy entails entering the market when the price of a certain asset moves past a certain range. Nonetheless, it’s worth mentioning that gaining expertise in breakout trading will require continuous effort and more exposure to different market conditions. Patience is the key to becoming a successful breakout trader. 


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