#firstdealofthenewyearFateema A bullish order block is a price zone where institutions (smart money) place large buy orders before a strong upward move. This area acts as a support zone, where price is likely to reverse of continued higher.

#firstdealofthenewyearFateema A bullish order block is a price zone where institutions (smart money) place large buy orders before a strong upward move. This area acts as a support zone, where price is likely to reverse of continued higher.

Managing risk well for forex trading is key because the market moves fast. Here are some good ways to handle risk: 1. Learn First Before trading, know how forex works. Read books, watch videos, and take online lessons. Learning helps you make better choices. 2. Set Stop-Loss and Take-Profit A stop-loss closes your trade when the price drops to a set level, stopping big losses. A take-profit closes the trade when the price hits your target, securing profit. Use both to manage risk. 3. Control Trade Size Don’t risk too much in one trade. A common rule is to risk only 1-2% of your money per trade. This keeps losses small and protects your account. 4. Be Careful with Leverage Leverage lets you trade with more money than you have, but it also increases losses. If you are new, use low or no leverage until you gain more experience. 5. Diversify Trades Don’t put all your money in one currency pair. Trading different pairs spreads risk and increases chances of profit. 6. Manage Your Emotions Fear and greed can lead to bad decisions. Follow your plan and avoid trading on emotions. Stay calm whether you win or lose. 7. Keep a Trade Journal Write down why you enter trades, how they end, and what you learn. Looking back helps you improve your strategy over time. 8. Watch the Market News Economic news can change prices quickly. Stay updated on events that affect currencies, like interest rate changes or political news. By using these risk management steps, traders can avoid big losses and increase their chances of success in forex trading.

Managing risk well for forex trading is key because the market moves fast. Here are some good ways to handle risk: 1. Learn First Before trading, know how forex works. Read books, watch videos, and take online lessons. Learning helps you make better choices. 2. Set Stop-Loss and Take-Profit A stop-loss closes your trade when the price drops to a set level, stopping big losses. A take-profit closes the trade when the price hits your target, securing profit. Use both to manage risk. 3. Control Trade Size Don’t risk too much in one trade. A common rule is to risk only 1-2% of your money per trade. This keeps losses small and protects your account. 4. Be Careful with Leverage Leverage lets you trade with more money than you have, but it also increases losses. If you are new, use low or no leverage until you gain more experience. 5. Diversify Trades Don’t put all your money in one currency pair. Trading different pairs spreads risk and increases chances of profit. 6. Manage Your Emotions Fear and greed can lead to bad decisions. Follow your plan and avoid trading on emotions. Stay calm whether you win or lose. 7. Keep a Trade Journal Write down why you enter trades, how they end, and what you learn. Looking back helps you improve your strategy over time. 8. Watch the Market News Economic news can change prices quickly. Stay updated on events that affect currencies, like interest rate changes or political news. By using these risk management steps, traders can avoid big losses and increase their chances of success in forex trading.

#firstdealofthenewyearAKEEL Risk Management in Forex Trading Forex trading is highly volatile, so risk management is essential to protect your capital. Here are key risk management strategies: 1. Use Stop-Loss and Take-Profit Orders Stop-Loss (SL): Automatically closes a trade when a predefined loss level is reached. Prevents large losses. Take-Profit (TP): Automatically closes a trade when a predefined profit level is hit. Locks in gains. Example: If you buy EUR/USD at 1.1000, you can set: Stop-Loss at 1.0950 (-50 pips) Take-Profit at 1.1100 (+100 pips) 2. Position Sizing & Lot Management Risk only 1-2% of your account per trade. Use proper lot sizes based on your account balance. Micro Lot (0.01) = 1,000 units Mini Lot (0.1) = 10,000 units Standard Lot (1.0) = 100,000 units Example: If your account has $1,000, risking 1% ($10), you might trade 0.01 lots with a 100-pip stop-loss. 3. Risk-Reward Ratio Aim for at least a 1:2 or 1:3 ratio (risk $10 to make $20 or $30). Helps maintain profitability even with a 50% win rate. 4. Leverage Control Leverage amplifies gains and losses. Common leverage in Forex is 1:50, 1:100, or even 1:500. Use lower leverage (e.g., 1:10 to 1:50) to reduce risk. Example: With 1:100 leverage, a $100 account can control a $10,000 trade—but a small price move can wipe out your capital. 5. Diversification Trade different currency pairs instead of putting all your capital in one trade. Mix major, minor, and exotic pairs to balance risk. 6. Avoid Overtrading & Emotional Trading Stick to a trading plan and avoid revenge trading after losses. Take breaks and manage stress to avoid impulsive decisions. 7. Fundamental & Technical Analysis for Risk Management Use news events (NFP, interest rates, inflation) to avoid trading during volatile periods. Apply technical indicators (RSI, MACD, Moving Averages) to time entries and exits. #firstdealofthenewyearAKEEL

#firstdealofthenewyearAKEEL Risk Management in Forex Trading Forex trading is highly volatile, so risk management is essential to protect your capital. Here are key risk management strategies: 1. Use Stop-Loss and Take-Profit Orders Stop-Loss (SL): Automatically closes a trade when a predefined loss level is reached. Prevents large losses. Take-Profit (TP): Automatically closes a trade when a predefined profit level is hit. Locks in gains. Example: If you buy EUR/USD at 1.1000, you can set: Stop-Loss at 1.0950 (-50 pips) Take-Profit at 1.1100 (+100 pips) 2. Position Sizing & Lot Management Risk only 1-2% of your account per trade. Use proper lot sizes based on your account balance. Micro Lot (0.01) = 1,000 units Mini Lot (0.1) = 10,000 units Standard Lot (1.0) = 100,000 units Example: If your account has $1,000, risking 1% ($10), you might trade 0.01 lots with a 100-pip stop-loss. 3. Risk-Reward Ratio Aim for at least a 1:2 or 1:3 ratio (risk $10 to make $20 or $30). Helps maintain profitability even with a 50% win rate. 4. Leverage Control Leverage amplifies gains and losses. Common leverage in Forex is 1:50, 1:100, or even 1:500. Use lower leverage (e.g., 1:10 to 1:50) to reduce risk. Example: With 1:100 leverage, a $100 account can control a $10,000 trade—but a small price move can wipe out your capital. 5. Diversification Trade different currency pairs instead of putting all your capital in one trade. Mix major, minor, and exotic pairs to balance risk. 6. Avoid Overtrading & Emotional Trading Stick to a trading plan and avoid revenge trading after losses. Take breaks and manage stress to avoid impulsive decisions. 7. Fundamental & Technical Analysis for Risk Management Use news events (NFP, interest rates, inflation) to avoid trading during volatile periods. Apply technical indicators (RSI, MACD, Moving Averages) to time entries and exits. #firstdealofthenewyearAKEEL

#firstdealofthenewyearFateema A sniper entry in forex refers to a highly precise trade execution at an optimal price level, minimizing risk while maximizing profits. This method is commonly used in smart money concept (SMC) and price action traders to avoid stop hunt and improve accuracy.

#firstdealofthenewyearFateema A sniper entry in forex refers to a highly precise trade execution at an optimal price level, minimizing risk while maximizing profits. This method is commonly used in smart money concept (SMC) and price action traders to avoid stop hunt and improve accuracy.

#firstdealofthenewyearAKEEL A crypto trading bot is a software program that uses algorithms to execute trades on behalf of a user. These bots can be programmed to execute trades based on specific criteria, such as price movements, technical indicators, or other factors. Crypto trading bots can be used to automate the trading process, allowing users to execute trades quickly and efficiently without the need for manual intervention. They can also be used to execute trades at specific times or under certain market conditions, which can help users take advantage of market opportunities or manage risk. However, it's important to note that crypto trading bots can be risky, as they can execute trades without the user's knowledge or oversight. This can lead to significant losses if the bot is programmed to execute trades under certain conditions that are not in the user's best interests. Before using a crypto trading bot, it's important to do your own research and understand the potential risks and rewards. It's also important to carefully review the terms of service and any applicable guidelines before using the platform. #firstdealofthenewyearAKEEL

#firstdealofthenewyearAKEEL A crypto trading bot is a software program that uses algorithms to execute trades on behalf of a user. These bots can be programmed to execute trades based on specific criteria, such as price movements, technical indicators, or other factors. Crypto trading bots can be used to automate the trading process, allowing users to execute trades quickly and efficiently without the need for manual intervention. They can also be used to execute trades at specific times or under certain market conditions, which can help users take advantage of market opportunities or manage risk. However, it's important to note that crypto trading bots can be risky, as they can execute trades without the user's knowledge or oversight. This can lead to significant losses if the bot is programmed to execute trades under certain conditions that are not in the user's best interests. Before using a crypto trading bot, it's important to do your own research and understand the potential risks and rewards. It's also important to carefully review the terms of service and any applicable guidelines before using the platform. #firstdealofthenewyearAKEEL

forex control refers to the regulator measures and mechanisms by governments, central banks, financial authorities to manage and monitor currency exchanges activities. it includes policies like currency peg, capital control and interest rates to stabilize a nations economy. central banks may intervene in the forex market to influence exchange or manage inflation it can also refer to individuals trader’s strategies for managing their own risk such as using stop-loss orders, position sizing and risk to reward ratio to protect capital and ensure disciplined trading. #firstdealofthenewyearFATEEMAH

forex control refers to the regulator measures and mechanisms by governments, central banks, financial authorities to manage and monitor currency exchanges activities. it includes policies like currency peg, capital control and interest rates to stabilize a nations economy. central banks may intervene in the forex market to influence exchange or manage inflation it can also refer to individuals trader’s strategies for managing their own risk such as using stop-loss orders, position sizing and risk to reward ratio to protect capital and ensure disciplined trading. #firstdealofthenewyearFATEEMAH

#firstdealofthenewyearAKEEL Liquidity fluctuates throughout the day based on the trading season overlaps: Highest liquidity :during overlaps (e.g,,, London~New York ). Lowest liquidity : After the new York session closes and before the Asian session starts. #firstdealofthenewyearAKEEL

#firstdealofthenewyearAKEEL Liquidity fluctuates throughout the day based on the trading season overlaps: Highest liquidity :during overlaps (e.g,,, London~New York ). Lowest liquidity : After the new York session closes and before the Asian session starts. #firstdealofthenewyearAKEEL

#firstdealofthenewyearFateema Distribution is a market phase where institutionals( smart money) offload their buy positions and start accumulation sell order before a major price drop. it occurs after an uptrend when price moves sideways before reversing into a downtrend.

#firstdealofthenewyearFateema Distribution is a market phase where institutionals( smart money) offload their buy positions and start accumulation sell order before a major price drop. it occurs after an uptrend when price moves sideways before reversing into a downtrend.

Day trading in Forex means buying and selling currency pairs within the same trading day, aiming to profit from small price fluctuations by entering and exiting positions multiple times throughout the session, often using technical analysis to identify entry and exit points, and requiring close monitoring of the market due to the short-term nature of the trades; key aspects include choosing a reliable broker, selecting currency pairs, understanding market analysis, implementing risk management strategies, and utilizing trading platforms to execute trades effectively.

Day trading in Forex means buying and selling currency pairs within the same trading day, aiming to profit from small price fluctuations by entering and exiting positions multiple times throughout the session, often using technical analysis to identify entry and exit points, and requiring close monitoring of the market due to the short-term nature of the trades; key aspects include choosing a reliable broker, selecting currency pairs, understanding market analysis, implementing risk management strategies, and utilizing trading platforms to execute trades effectively.

The goldarkwt is the market that always has a profit and loss and it's a special market around the globe #firstdealoftheyearMuzaffarMuhammad#

The goldarkwt is the market that always has a profit and loss and it's a special market around the globe #firstdealoftheyearMuzaffarMuhammad#

#ForexRiskTips use trade plan: develop a comprehensive trading plan to guide your trading decisions 2)keep trading journal :record yr trade track your performance and identifu areas for improvement 3) use technical analysis :use technical analysis tools to identify trends and potential trading opportunities 4)stay patients: forext trading requires patience so avoid making implusive decisions based on short term marketing fluctuations

#ForexRiskTips use trade plan: develop a comprehensive trading plan to guide your trading decisions 2)keep trading journal :record yr trade track your performance and identifu areas for improvement 3) use technical analysis :use technical analysis tools to identify trends and potential trading opportunities 4)stay patients: forext trading requires patience so avoid making implusive decisions based on short term marketing fluctuations

#firstdealofthenewyearFateema Manipulation in forex refers to a price movements intentionally caused by big institutions, bank, and smart money trap retail traders before pushing the market in to real direction.

#firstdealofthenewyearFateema Manipulation in forex refers to a price movements intentionally caused by big institutions, bank, and smart money trap retail traders before pushing the market in to real direction.

#firstdealofthenewyearAKEEL Starting with lower leverage in Forex trading is a wise approach, especially for beginners. Lower leverage allows you to manage risk effectively while learning the market. Here's why and how to start with lower leverage: Why Start with Lower Leverage? 1. Reduced Risk of Significant Losses. Lower leverage minimizes your exposure, meaning even if the market moves against you, the impact on your account is limited. 2. More Time to Learn With less pressure from large positions, you can focus on understanding market trends, strategies, and risk management without the fear of immediate wipeouts. 3. Better Risk Management Lower leverage gives you room to place proper stop-loss orders and manage positions without the fear of a margin call. 4. Protection from Emotional Decisions. Trading with lower leverage reduces stress and helps you avoid impulsive or emotional trading decisions. 5. Aligns with Regulatory Guidelines Many regulatory bodies, such as those in the U.S. (1:50) and Europe (1:30), impose lower leverage limits to protect retail traders. How to Start with Lower Leverage 1. Choose a Regulated Broker Select a broker offering leverage within regulated limits. Avoid unregulated brokers promising extremely high leverage like 1:500 or 1:1000. 2. Practice on a Demo Account Use a demo account to test different leverage levels and understand their impact on your trades. 3. Set a Personal Leverage Limit Even if your broker allows high leverage, set your own limit (e.g., 1:10 or 1:20) to stay disciplined. 4. Focus on Position Sizing Use small position sizes relative to your account balance. For example, trade micro lots (0.01) rather than larger lot sizes. 5. Implement Risk Management Strategies Limit the amount of capital you risk per trade to 1-2% of your account balance. Use stop-loss and take-profit orders to control risks and secure gains. 6. Monitor Margin Usage Keep an eye on your margin level and avoid over-leveraging, which could lead to a margin call or liquidation. Example of Using Lower Leverage Suppose you have a $1,000 account and use: Leverage of 1:10: You can trade up to $10,000. A 1% move in the market would result in a $100 change in your account balance. Leverage of 1:100: You can trade up to $100,000. The same 1% move would result in a $1,000 change, potentially wiping out your account. By starting with lower leverage, your losses are smaller, giving you more opportunities to learn and recover. Key Takeaway: Lower leverage is a safer choice, especially for new traders. It encourages disciplined trading and risk management, which are crucial for long-term success in Forex trading. #firstdealofthenewyearAKEEL

#firstdealofthenewyearAKEEL Starting with lower leverage in Forex trading is a wise approach, especially for beginners. Lower leverage allows you to manage risk effectively while learning the market. Here's why and how to start with lower leverage: Why Start with Lower Leverage? 1. Reduced Risk of Significant Losses. Lower leverage minimizes your exposure, meaning even if the market moves against you, the impact on your account is limited. 2. More Time to Learn With less pressure from large positions, you can focus on understanding market trends, strategies, and risk management without the fear of immediate wipeouts. 3. Better Risk Management Lower leverage gives you room to place proper stop-loss orders and manage positions without the fear of a margin call. 4. Protection from Emotional Decisions. Trading with lower leverage reduces stress and helps you avoid impulsive or emotional trading decisions. 5. Aligns with Regulatory Guidelines Many regulatory bodies, such as those in the U.S. (1:50) and Europe (1:30), impose lower leverage limits to protect retail traders. How to Start with Lower Leverage 1. Choose a Regulated Broker Select a broker offering leverage within regulated limits. Avoid unregulated brokers promising extremely high leverage like 1:500 or 1:1000. 2. Practice on a Demo Account Use a demo account to test different leverage levels and understand their impact on your trades. 3. Set a Personal Leverage Limit Even if your broker allows high leverage, set your own limit (e.g., 1:10 or 1:20) to stay disciplined. 4. Focus on Position Sizing Use small position sizes relative to your account balance. For example, trade micro lots (0.01) rather than larger lot sizes. 5. Implement Risk Management Strategies Limit the amount of capital you risk per trade to 1-2% of your account balance. Use stop-loss and take-profit orders to control risks and secure gains. 6. Monitor Margin Usage Keep an eye on your margin level and avoid over-leveraging, which could lead to a margin call or liquidation. Example of Using Lower Leverage Suppose you have a $1,000 account and use: Leverage of 1:10: You can trade up to $10,000. A 1% move in the market would result in a $100 change in your account balance. Leverage of 1:100: You can trade up to $100,000. The same 1% move would result in a $1,000 change, potentially wiping out your account. By starting with lower leverage, your losses are smaller, giving you more opportunities to learn and recover. Key Takeaway: Lower leverage is a safer choice, especially for new traders. It encourages disciplined trading and risk management, which are crucial for long-term success in Forex trading. #firstdealofthenewyearAKEEL

#firstdealofthenewyearFateema Accumulation is a phase in the market where big institution(smart money) accumulate buy orders before pushing the price higher. This occurs after a downtrend when the market moves sideways trapping retail traders into selling while smart money prepares for a bullish move.

#firstdealofthenewyearFateema Accumulation is a phase in the market where big institution(smart money) accumulate buy orders before pushing the price higher. This occurs after a downtrend when the market moves sideways trapping retail traders into selling while smart money prepares for a bullish move.

Slippage in Forex occurs when a trade is executed at a different price than expected, usually due to high volatility or low liquidity. This can happen when the market moves too quickly for the broker to fill an order at the desired price, resulting in a higher or lower execution price. Slippage can be both positive (better price than expected) or negative (worse price). It’s particularly common during major news events or when trading at market open/close times. Traders can manage slippage by using limit orders or choosing brokers with low slippage rates. #firstdealofthenewyearFateema

Slippage in Forex occurs when a trade is executed at a different price than expected, usually due to high volatility or low liquidity. This can happen when the market moves too quickly for the broker to fill an order at the desired price, resulting in a higher or lower execution price. Slippage can be both positive (better price than expected) or negative (worse price). It’s particularly common during major news events or when trading at market open/close times. Traders can manage slippage by using limit orders or choosing brokers with low slippage rates. #firstdealofthenewyearFateema

In the fast-paced world of trading, knowledge and strategy are the keys to success. #TradeSmartPH is more than just a hashtag—it’s a movement for Filipino traders who want to level up their game through smart, informed, and strategic trading. Whether you're into stocks, forex, crypto, or commodities, the goal is the same: maximize gains, minimize risks, and trade with confidence. With the right tools, insights, and mindset, anyone can turn market opportunities into profitable trades. Stay informed. Stay disciplined. Stay ahead. #TradeSmartPH—because smart trading is profitable trading !

In the fast-paced world of trading, knowledge and strategy are the keys to success. #TradeSmartPH is more than just a hashtag—it’s a movement for Filipino traders who want to level up their game through smart, informed, and strategic trading. Whether you're into stocks, forex, crypto, or commodities, the goal is the same: maximize gains, minimize risks, and trade with confidence. With the right tools, insights, and mindset, anyone can turn market opportunities into profitable trades. Stay informed. Stay disciplined. Stay ahead. #TradeSmartPH—because smart trading is profitable trading !

#firstdealofthenewyearFateema A bullish flag is a continuation pattern that signals a brief consolidation before the price resumes its upward trend. It’s look like a flag on a pole where the pole represents a strong price move and the flag is a small retracement.

#firstdealofthenewyearFateema A bullish flag is a continuation pattern that signals a brief consolidation before the price resumes its upward trend. It’s look like a flag on a pole where the pole represents a strong price move and the flag is a small retracement.

#ForexRiskTips To succeed in Forex trading, it's essential to follow some key principles: Education and Planning 1. Educate yourself: Understand Forex mechanics, analysis techniques, and trading strategies. 2. Set clear goals: Define your investment objectives, risk tolerance, and preferred trading style. 3. Develop a trading plan: Outline your entry and exit strategies, risk management techniques, and performance metrics. Risk Management and Discipline 1. Manage risk effectively: Use stop-loss orders, position sizing, and diversification to limit potential losses. 2. Stay disciplined and patient: Avoid impulsive decisions based on emotions and stick to your trading plan. 3. Monitor and adapt: Stay informed about market developments and adjust your strategy as needed. Broker Selection and Trading Platform 1. Choose a reliable broker: Research and select a reputable and regulated Forex broker. 2. Select a suitable trading platform: Ensure the platform meets your trading needs and provides necessary tools and features.

#ForexRiskTips To succeed in Forex trading, it's essential to follow some key principles: Education and Planning 1. Educate yourself: Understand Forex mechanics, analysis techniques, and trading strategies. 2. Set clear goals: Define your investment objectives, risk tolerance, and preferred trading style. 3. Develop a trading plan: Outline your entry and exit strategies, risk management techniques, and performance metrics. Risk Management and Discipline 1. Manage risk effectively: Use stop-loss orders, position sizing, and diversification to limit potential losses. 2. Stay disciplined and patient: Avoid impulsive decisions based on emotions and stick to your trading plan. 3. Monitor and adapt: Stay informed about market developments and adjust your strategy as needed. Broker Selection and Trading Platform 1. Choose a reliable broker: Research and select a reputable and regulated Forex broker. 2. Select a suitable trading platform: Ensure the platform meets your trading needs and provides necessary tools and features.

Here are some common beginner mistakes in Forex trading: 1. Overleveraging: Using too much leverage can magnify both profits and losses, risking substantial capital. 2. Lack of a Trading Plan: Trading without a clear plan or strategy often leads to impulsive decisions and emotional trading. 3. Ignoring Risk Management: Not using stop-losses or proper position sizing can lead to large, unmanageable losses. 4. Chasing the Market: Entering trades based on emotions or fear of missing out (FOMO) rather than solid analysis. 5. Overtrading: Taking too many trades in a short period, often due to impatience or seeking quick profits. 6. Neglecting to Learn: Relying on tips or blindly following others without understanding the market can result in poor decision-making. 7. Ignoring Fundamentals: Focusing solely on technical indicators and neglecting economic news or events that can affect currency movements. Avoiding these mistakes can help build a more disciplined, informed approach to trading and improve long-term success.#firstdealoftheyearFateema

Here are some common beginner mistakes in Forex trading: 1. Overleveraging: Using too much leverage can magnify both profits and losses, risking substantial capital. 2. Lack of a Trading Plan: Trading without a clear plan or strategy often leads to impulsive decisions and emotional trading. 3. Ignoring Risk Management: Not using stop-losses or proper position sizing can lead to large, unmanageable losses. 4. Chasing the Market: Entering trades based on emotions or fear of missing out (FOMO) rather than solid analysis. 5. Overtrading: Taking too many trades in a short period, often due to impatience or seeking quick profits. 6. Neglecting to Learn: Relying on tips or blindly following others without understanding the market can result in poor decision-making. 7. Ignoring Fundamentals: Focusing solely on technical indicators and neglecting economic news or events that can affect currency movements. Avoiding these mistakes can help build a more disciplined, informed approach to trading and improve long-term success.#firstdealoftheyearFateema

#firstdealofthenewyearAKEEL Crypto futures and options are financial instruments that allow investors to speculate on the future price of a particular cryptocurrency. Here's a brief overview of each: 1. Crypto futures: A futures contract is an agreement to buy or sell a particular asset at a predetermined price and date in the future. In the case of crypto futures, the asset is a cryptocurrency, and the contract specifies the price and date on which the cryptocurrency will be delivered and settled. 2. Crypto options: An options contract gives the holder the right, but not the obligation, to buy or sell a particular asset at a predetermined price and date in the future. In the case of crypto options, the asset is a cryptocurrency, and the contract specifies the price and date on which can be bought or sold. Both crypto futures and options can be used to hedge against potential losses or to speculate on future price movements. However, they also come with significant risks, including the potential for large losses if the market moves against the investor's position. It's important to note that crypto futures and options are not available on all exchanges or platforms, and they may be subject to specific regulations or restrictions in certain jurisdictions. Before investing in these instruments, it's important to do your own research and understand the potential risks and rewards. #firstdealofthenewyearAKEEL

#firstdealofthenewyearAKEEL Crypto futures and options are financial instruments that allow investors to speculate on the future price of a particular cryptocurrency. Here's a brief overview of each: 1. Crypto futures: A futures contract is an agreement to buy or sell a particular asset at a predetermined price and date in the future. In the case of crypto futures, the asset is a cryptocurrency, and the contract specifies the price and date on which the cryptocurrency will be delivered and settled. 2. Crypto options: An options contract gives the holder the right, but not the obligation, to buy or sell a particular asset at a predetermined price and date in the future. In the case of crypto options, the asset is a cryptocurrency, and the contract specifies the price and date on which can be bought or sold. Both crypto futures and options can be used to hedge against potential losses or to speculate on future price movements. However, they also come with significant risks, including the potential for large losses if the market moves against the investor's position. It's important to note that crypto futures and options are not available on all exchanges or platforms, and they may be subject to specific regulations or restrictions in certain jurisdictions. Before investing in these instruments, it's important to do your own research and understand the potential risks and rewards. #firstdealofthenewyearAKEEL