Professional Diploma in WEB3 NFT and NFT Smart Contracts Development by MTF Institute

SUMMARY

This course is designed for beginners and aspiring traders looking to harness a powerful day trading strategy in the forex market, boasting a remarkable 90% win rate. It focuses on essential components, practical applications, and effective techniques that can help traders consistently achieve high returns.

Understanding Day Trading

Day trading involves the rapid buying and selling of financial instruments within the same trading day. In forex, this means executing trades on currency pairs, aiming to capitalize on short-term price fluctuations. The objective is to close all positions before the market closes, thus avoiding overnight risks. Successful day trading requires a solid understanding of market trends, technical analysis, and the psychological factors that influence trading decisions.

  1. Technical Analysis: This strategy is rooted in technical analysis, where traders utilize indicators and chart patterns to predict future price movements. Mastering technical signals is crucial for making informed trading choices.
  2. Risk Management: Effective risk management is paramount. Key practices include:
    • Position Sizing: Limit the risk on any single trade to 1-2% of your trading capital to protect your overall account.
  1. Market Timing: Identifying the right moments to trade is vital. The forex market operates 24/5, with peak volatility during certain sessions:
    • London Session: Known for its high liquidity, this session is ideal for traders.
    • New York Session: The overlap of London and New York sessions presents excellent trading opportunities due to increased market activity.
  2. Trading Plan: A well-defined trading plan outlines your goals, strategies, and risk management techniques. Sticking to this plan is crucial to avoid emotional decision-making.
  3. Psychological Discipline: Cultivating discipline is essential for success. Traders need to adhere to their strategies and manage emotions effectively, focusing on long-term success rather than short-term fluctuations.

Applying the Strategy

To implement this day trading strategy effectively, follow these steps:

  • Set Up Your Trading Environment: Choose a reliable forex broker with low spreads and fast execution, and focus on major currency pairs like EUR/USD and GBP/USD for optimal liquidity.
  • Develop a Trading Routine: Analyze charts and significant news events before the market opens to prepare for trading. Use an economic calendar to stay informed about key indicators that could impact your trades.
  • Execute Trades: Identify specific entry signals based on your strategy, and always set profit targets and stop-loss levels before entering trades to maintain discipline.
  • Review and Adapt: After each trading session, assess your trades and document your strategies and outcomes in a trading journal. Continuous learning and adaptation are essential in the ever-evolving forex market.
What you’ll learn
  • Deployment of the NFT
  • Which blockchain to choose?
  • How to generate assets?
  • Where to store data and artwork?
  • How to create and manage an allowlist?
  • How to create a mint page?
Requirements
  • For a better learning experience, we suggest you to use a laptop / mobile phone / pen and paper for taking notes, highlighting important points, and making summaries to reinforce your learning.

 

Description

Course provided by MTF Institute of Management, Technology and Finance

MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.

MTF R&D center focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.

MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry.

MTF is present in 208 countries and has been chosen by more than 380,000 students.

QuickNode

QuickNode simplifies blockchain infrastructure for teams big & small. A lightning-fast global API provides access to 22+ blockchains and 35+ networks. Plus high-leverage tools (NFT/Token API, Graph API, QuickAlerts, Marketplace, etc…) and expert support to evolve, enhance, and push the boundaries of your app. A comprehensive blockchain developer platform, trusted by top Web3 projects & businesses. QuickNode is helping the blockchain ecosystem grow since 2017

Web3 refers to the next generation of the internet, often referred to as the decentralized web. It is envisioned as a more transparent, secure, and user-centric version of the internet, enabled by blockchain technology and decentralized protocols. In Web3, users have more control over their data and digital identities, and intermediaries such as centralized platforms are minimized or eliminated. This decentralized architecture offers various benefits such as increased privacy, censorship resistance, and the ability to create trustless interactions through smart contracts.

NFT stands for Non-Fungible Token. NFTs are unique digital assets that represent ownership or proof of authenticity of a particular item or piece of content, typically stored on a blockchain. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are indivisible and cannot be exchanged on a like-for-like basis due to their unique attributes. NFTs have gained significant attention in recent years, especially in the realms of digital art, collectibles, gaming, and virtual real estate, as they provide a way to establish scarcity and ownership in the digital world.

Learning about Web3 and NFTs is important for companies and managers for several reasons:

Understanding Emerging Technologies: Web3 and NFTs represent significant shifts in how we interact with the internet and digital assets. By staying informed about these technologies, companies and managers can anticipate trends and adapt their strategies accordingly.

New Business Opportunities: Web3 and NFTs open up new avenues for innovation and revenue generation. Companies that embrace these technologies can explore novel business models, such as decentralized finance (DeFi), tokenized assets, and digital collectibles.

Enhanced Customer Engagement: NFTs enable unique and personalized experiences for customers, whether through digital art, exclusive content, or virtual goods. By leveraging NFTs, companies can deepen customer engagement and foster a sense of community around their brand.

Mitigating Risks: As blockchain technology becomes more prevalent, understanding its implications becomes crucial for risk management. Companies need to grasp the security and regulatory considerations associated with Web3 and NFTs to protect their assets and reputation.

Developing skills in Web3 and NFTs can support career advancement or the launch of a business in several ways:

Technical Proficiency: Learning blockchain development, smart contract programming, and NFT standards (such as ERC-721 or ERC-1155) can open up opportunities for technical roles in blockchain-focused companies or projects.

Entrepreneurial Ventures: Individuals with expertise in Web3 and NFTs can capitalize on the growing demand for blockchain-based solutions by starting their own businesses. This could involve creating NFT marketplaces, developing blockchain games, or providing consultancy services to companies exploring blockchain integration.

In conclusion, learning about Web3 and NFTs is essential for companies and managers to stay competitive in a rapidly evolving digital landscape. By embracing these technologies and developing relevant skills, individuals can position themselves for career growth and entrepreneurial success in the blockchain industry.

Linked topics:

  • web 3.0
  • web3
  • web 3
  • web3.0
  • web3 development
  • web 3 product management
  • blockchain
  • blockchain development
  • block chain
  • Smart Contracts
  • NFT (Non-Fungible Tokens)
  • nft
  • nft marketplace
  • nfts
  • Cryptocurrency
  • crypto

 

Who this course is for:
  • No special requirements. Course for any who want to build a career at Web3 or improve their knowledge.
  • Web3 refers to the next generation of the internet, often referred to as the decentralized web. It is envisioned as a more transparent, secure, and user-centric version of the internet, enabled by blockchain technology and decentralized protocols. In Web3, users have more control over their data and digital identities, and intermediaries such as centralized platforms are minimized or eliminated. This decentralized architecture offers various benefits such as increased privacy, censorship resistance, and the ability to create trustless interactions through smart contracts.
  • NFT stands for Non-Fungible Token. NFTs are unique digital assets that represent ownership or proof of authenticity of a particular item or piece of content, typically stored on a blockchain. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are indivisible and cannot be exchanged on a like-for-like basis due to their unique attributes. NFTs have gained significant attention in recent years, especially in the realms of digital art, collectibles, gaming, and virtual real estate, as they provide a way to establish scarcity and ownership in the digital world.
  • In conclusion, learning about Web3 and NFTs is essential for companies and managers to stay competitive in a rapidly evolving digital landscape. By embracing these technologies and developing relevant skills, individuals can position themselves for career growth and entrepreneurial success in the blockchain industry.

 

 

 

GET FREE COURSE