The Uncut Lab Education Corner
Your one-stop shop for blockchain, cryptocurrency, and cloud computing education.
The Uncut Lab Education Corner
Your one-stop shop for blockchain, cryptocurrency, and cloud computing education.
Trading bots were conceptualized way back in 1949 when Richard Donchian developed a system that would allow automated systems to follow a set of rules to buy and sell financial instruments. His idea of rules-based trading was adopted by famous traders particularly Henry Ford and also by many others in the 1980s. Trading bots saw […]
A cryptocurrency trading platform is an exchange platform that allows cryptocurrency traders to buy one digital currency for another or to convert one digital currency to fiat currency. Virtual cryptocurrency platforms were created following the launching of Bitcoin, the first decentralized cryptocurrency, in 2008. In the early days, those exchange platforms strictly dealt in the […]
When Satoshi Nakamoto created the first cryptocurrency, Bitcoin, in 2009, he aimed to create anew mode of payment that would be universally accepted and decentralized. That is, he wantedto create a universal medium of exchange that would be without the control of any financialinstitution or intermediary. How Cryptocurrency Trade Works (Source: medium.com) The reception was […]
Taxation on cryptocurrency trading in the United States was addressed by the Internal Revenue Service in its notice 2014-21. According to the IRS, all cryptocurrencies qualify as assets rather than currency and are, therefore, subject to a capital gains tax when they are traded for profit. Tax Considerations in Cryptocurrency (Source: BitIRA) Whether you sell […]
Cryptocurrency futures recently just gained wide acceptance after their regulatory approval at the end of the year 2018. However, the trading of futures can be traced back to the 1840s when wheat buyers and sellers would agree on a price before the wheat was even produced to protect themselves against possible inflation or unforeseen price […]
Position trading has evolved from the nineteenth century when individual traders could not trade except through a broker. Brokers who lived close to the stock exchange received ticker tapes which helped to keep them up to date with the latest activities on the stock market. Then, investors used the information on the ticker tapes to […]
Swing trading, like other trading strategies, has been in use for decades. Brokers could purchase a stock and hold their positions for a while, usually between a few days to several weeks, before selling it for a profit. Swing Trading (Source: InvestmentU) Over the years, advancements in technology have simplified this strategy and made it […]
Day trading began as far back as 1867. This may come as a surprise because, at that time, computers and the internet had not been created. However, stock markets leveraged the telegraph communication technology to create ticker tapes. Day Trading (Source: InvestmentU) Technology was not yet advanced so brokers had to live close to exchanges […]
Scalping is a trading strategy that allows a trader to exploit small price changes to accumulate small profits from a high volume of trades. Although the scalper prioritizes his number of wins over the size of wins, he usually ends up making as much profit as the average successful trader without exposing himself to as […]
History of Trading and Stock Markets Although trading can generally be traced way back to prehistoric times, the first real stock markets did not appear until the 1500s. In the past, investors were known to visit coffee shops regularly to buy and sell stocks. After a while, they decided to create a marketplace for the […]
