The 9/9 Rule in trading is a strategy used by some traders to manage their investments effectively. It focuses on the importance of taking profits and minimizing losses.The rule suggests that for every 9% gain in an asset’s value, traders should consider taking a portion of their profits. This prevents the potential of losing gains when the market reverses. Conversely, if an asset experiences a 9% drop, it signals a potential exit point to limit losses.By adhering to this rule, traders aim to create a balanced approach to profit-taking and risk management. It emphasizes the significance of being proactive rather than reactive in trading.Adopting the 9/9 Rule can help maintain discipline in volatile markets, guiding traders to make informed decisions while reducing emotional reactions. Overall, it serves as a useful framework to navigate the ups and downs of trading efficiently.
Aave Labs Acquires Stable Finance to Expand Consumer DeFi Products
Aave Labs has acquired Stable Finance, a San Francisco-based fintech company focused on stablecoin savings, in a move to strengthen

