Yesterday I posted (factually per Reuters) that hundreds of millions of individual social security and sensitive data had been hacked and sold on the black market in the dark web in recent weeks. Almost a billion actually. The place to go to see if your data has indeed been hacked and sold is https://npd.pentester.com/.
Reuters poll: S&P 500 to end 2024 at 5600 (May poll 5302, currently 5600); sees 5900 be end-2025
Source: Newsquawk.com
I could say something egomaniacal like “Euro is now officially a sell” but that would be an absurdly arrogant means of verbiage. I wonder how many of them said something almost verbatim this morning in other forums. When a CTA, I learned to be more realistic and responsible than that with one’s language.
There is zero reason to be long UsdJpy today unless some unusual dominant fundamental or market activity condition suddenly arises. Eu metrics are dominant on the buy side in some metrics but there is clear positioning in other metrics on outside months which shows sell side interest building so current levels are producing a pivot level as I type. When this happens usually a sustained shift takes place lasting for one week minimum.
Bloomberg – Goldman Sachs Group Inc. and Wells Fargo & Co. economists expect the government’s preliminary benchmark revisions on Wednesday to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated — about 50,000 a month.
Has the FED has become a veiled political arm and not a FED? Many are more than satisfied that is the case. Regardless, the hidden figures alters the interest rate outlook and the presents the likelihood they are behind the curve in reducing rates which ultimately will cause highly chaotic economic results for quite some time.
I do not know why my charts sometimes change the high/low. Now it is showing 1.1134 on a weekly (was showing 1.1137) but I will always go for the “50” level as a key one to watch..
Brief spike just now through 1.11 sets this as the pivotal level to watch (options level?) as that can often lead to being a top.
Has to hold 1.1092 or risk shifts to 1.1082.
USD’s slide into the toilet is likely a reflection of player high expectations of upcoming Jerome yikyak on Friday about accommodating (assuaging?) them with a signal of sept Fed easing. The one element that may be in for some correcting is whether what-ever easing maybe gifted upon the market is a start of a process.
The degree of perception of any Powell dovishness will likely determine how much more the DLR will weaken or not.
Market is a bit too giddy about Fed’s easing expectations.
A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets.
It’s been quite a recovery for the S&P 500 stock index since early August’s turmoil. The benchmark has risen for the past eight trading sessions, its longest streak of 2024, and is now just 1% off its mid-July record high.
OnlineBroker.Fr is the best resource for French language information on the best online trading platforms and crypto exchanges in France.
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What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Why is Risk Management Important in Trading?
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
What are Some Common Risk Management Strategies?
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
How to Implement Risk Management in your Trading Plan
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
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