Responsible trading is about exercising control over your trades and taking
accountability for your actions. Trading responsibly also means acknowledging when you may not
be suited for trading. Responsible traders do not go beyond their means. In other words, you
should never risk funds you cannot afford to lose.
At Wealth Mark, we have established several features and guidelines to help users trade
responsibly and make informed trading decisions. Here are some tips and good practices that will
help you be a more responsible trader:
Wealth Mark Accountability
Lorem ipsum dolor sit amet, consectetur adipiscing elit
Wealth Markhas established several procedures to remind traders of impulsive
trading behavior. For instance, when a trader experiences a losing streak or suffers a heavy
loss, we continuously remind them of the risk involved in derivatives trading and encourage
them to hold back on trading activities.
Our system-generated notifications constantly remind users of the dangers of
compulsive trading and the risk involved when trading more complicated products like
derivatives.
When traders face a losing streak, it may be challenging to turn the tide and
stop the bleeding. In these situations, traders must know when to stop and avoid compulsive
trading behaviors. Sometimes, the best trade is no trade at all.
To encourage self-discipline and responsible trading, Wealth Mark launched the
Cooling-off Period function for users to temporarily disable derivative trading activities
and abstain from compulsive trading behavior.
The Cooling-off Period function is also available on margin trading. Margin
traders can temporarily suspend margin-trading-related activities including isolated or
cross margin trading, and the borrowing of cryptocurrencies for a specific period.
This feature allows you to limit and control your trading activities,
especially in situations when you feel pressured by losses. It also enables you to abstain
from behavior and activities that can lead to irresponsible trades.
Users also have access to advanced risk control features such as price
protection, which protects users from potential market manipulation. When enabled, this
feature prevents bad actors from exploiting market efficiencies to trigger stop-losses or
take-profit orders of other users to their disadvantage. Therefore, Wealth Mark strongly
recommends the Price Protection feature to safeguard your positions especially when the
market is extremely volatile. Find more about how to enable the Price Protection feature on
our
Users also have access to advanced risk control features such as price
protection, which protects users from potential market manipulation. When enabled, this
feature prevents bad actors from exploiting market efficiencies to trigger stop-losses or
take-profit orders of other users to their disadvantage. Therefore, Wealth Mark strongly
recommends the Price Protection feature to safeguard your positions especially when the
market is extremely volatile. Find more about how to enable the Price Protection feature on
our
Users also have access to advanced risk control features such as price
protection, which protects users from potential market manipulation. When enabled, this
feature prevents bad actors from exploiting market efficiencies to trigger stop-losses or
take-profit orders of other users to their disadvantage. Therefore, Wealth Mark strongly
recommends the Price Protection feature to safeguard your positions especially when the
market is extremely volatile. Find more about how to enable the Price Protection feature on
our
Users also have access to advanced risk control features such as price
protection, which protects users from potential market manipulation. When enabled, this
feature prevents bad actors from exploiting market efficiencies to trigger stop-losses or
take-profit orders of other users to their disadvantage. Therefore, Wealth Mark strongly
recommends the Price Protection feature to safeguard your positions especially when the
market is extremely volatile. Find more about how to enable the Price Protection feature on
our
Users also have access to advanced risk control features such as price
protection, which protects users from potential market manipulation. When enabled, this
feature prevents bad actors from exploiting market efficiencies to trigger stop-losses or
take-profit orders of other users to their disadvantage. Therefore, Wealth Mark strongly
recommends the Price Protection feature to safeguard your positions especially when the
market is extremely volatile. Find more about how to enable the Price Protection feature on
our
In addition to our wide-ranging educational content, Wealth Mark has also
established a Customer Knowledge Assessment criteria for new users wanting to trade complex
products such as futures or margin.
The purpose of the Customer Knowledge Assessment (CKA) is to ascertain a potential user’s
knowledge and experience to understand the risks and features of complex crypto products
such as crypto-derivatives prior to any trades made on the Wealth Mark Futures platform.
Gentle reminder: Your conversation records will be retained. If you have any further questions, we can check relevant history and continue to serve you even if the current chat is closed.
