Trading losses are an inevitable aspect in the world of trading and investment. Almost every trader will encounter a trading loss that will impact his trading attitude and find it hard to bounce back after. Except for the most experienced and successful trader, they control their mental perception of such situations. It requires experience and a solid trading mindset to contain your emotions, learn from mistakes and never let any of them drive the next trading decisions.
WCG Markets:2023-03-07
The week ahead: 5 things to watch.
Spot gold oscillated narrowly during the Asian session on Monday (March 6) and is currently trading near $1855 per ounce, holding most of last week's gains. After a series of beautiful economic data, Federal Reserve officials did not release the signal to the market for a 50 basis point rate hike in March, disappointing some investors. U.S. bond yields plunged on Friday and extended the decline on Monday, with the 10-year U.S. bond yield once falling to a three-day low of 3.934%, which provided
You must allow this article and try the strategy in this article. So, you just wait and see how your money works for you in this trading.
On Friday, spot gold climbed strongly to a two-week high, eventually closing up 1.03% at $1,854.97 per ounce, which was the biggest one-week gain since mid-January; spot silver was also strong, eventually closing up 1.69% at $21.24/oz, its first weekly gain in six weeks.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Determining the volume of currency units to accumulate in a trade often appears to be confusing for novice forex traders. They tend to pick a random position size based on their level of confidence in a trade. Yet, experts claim that the most important aspect of building wealth in your portfolio is the position size of your trade. No matter how good your strategy is, if your position size is too large or too small, you'll either take on too much or too little risk.
Despite U.S. bond yields continuing to climb and the 10-year going above 4% in yield, U.S. stocks managed to rebound nearly 1% on Fed Bostic comments. Hong Kong and China stocks slid and gave back some of the gains from the previous session in the absence of notable headlines ahead of the “two sessions” meeting starting this weekend.
Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.
Market data shows that the dollar index barely changed from Friday. The US dollar spent most of this month on the ropes, pressured by signs that inflation is simmering down and speculation that the Fed is in the final chapters of its tightening cycle. Yet, the reserve currency came back swinging on Monday, regaining lost ground with some help from safe-haven flows.
There are 2 kinds of trading style, that is trading for living and trading for long term or (investing). Both of them need the right strategy and accurate analysis.
On Friday (March 3), the spot gold fluctuated slightly, and is currently trading around 1838.5 US dollars/ounce. The hawk of the Federal Reserve, Bostock, said that slow and steady will be the appropriate path of action, explaining the reason why the Federal Reserve insisted on "steadily" raising interest rates by 25 basis points at each meeting in the future, which alleviated some investors' concerns that the Federal Reserve might expand the pace of interest rate increase. On Friday, the US dol
On Thursday, the spot gold range fluctuated, briefly falling below the $1830 mark, and finally closing down by 0.04% to $1836.06 per ounce, ending three consecutive daily increase; On the whole, spot silver fell first and then rose, and finally closed down 0.47% at $20.9 per ounce.
As the European Central Bank looks set to raise interest rates again, why do central banks raise rates?
EUR/USD carves a series of lower highs and lows as it continues to pull back from the weekly high (0.9876), and the exchange rate may depreciate over the coming days as the rebound from the monthly low (0.9632) appears to have stalled ahead of the 50-Day SMA (0.9902).
The dollar index (DXY) has reversed over a quarter of the losses sustained during that period and is currently trading at levels seen in December.
WCG Markets:2023-03-03
How many of you think that the ultimate secret of success in forex lies in finding the right trading strategy? What if we tell you that merely having a trading strategy isn’t enough, as you need to modify your trades in accordance with changing market conditions?
You must know how much your capital is most likely the returns. Even more, if you add your capital as proper risk management.