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Finance Phantom — Crypto trading platform is legit or a scam?


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The stock price (also called a "share") reflects the value of the company, and its outlook, as determined by the people trading the stock . Stocks don't have a set price, they continually fluctuate, each second of each day.

If you stick to the 1% risk strategy and set your stop-loss orders and profit-taking points, you can limit your losses to 1%, and take your gains at 1.5%, but it takes discipline. Day traders can also incur high fees from transaction costs, so picking the right broker and creating a manageable trading strategy with proper risk management is essential. Since the trade is held for a long period of time commissions are not as much of a factor.
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