Education for Traders | Hosts of FXSummit conference |
Joined November 2013
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Chart Addicts retweeted
BREAKING: 🇦🇷 Argentina’s peso has hit a new all-time low against the US dollar.
It has lost nearly 99.8% of its value since 2013.
Both
Longer holding period = duration risk
Better entry = reduce risk, duration in drawdown, and trade duration
In and out
A strategy that gives you a better chance of winning than someone whose gambling
An edge is a predictable / repeatable system that provides the trader with a better than (50/50) chance
Chart Addicts retweeted
Casinos don't make money by hoping players lose.
They design rules and limits that create an edge over time.
Think about your trading the same way.
Don't hope you make money.
Create rules and limits that provide you with positive expectancy over a large sample size of trades.
They’re actually called “exit liquidity”
Chart Addicts retweeted
It’s official:
In a sudden turn of events, Brent crude oil prices are back above $80/barrel.
But they won’t raise rates
Option 1: they keep rates stable until 2027 (maximum 50 basis points cut)
Option 2: They actually raise rates and we see equity markets, risk assets, and basically every US derivative crash
Fiat = crashing
Fiat denominated assets (specifically commodities) = Pumping
This quoted post is unavailable.
lol. Imagine a 33% unemployment rate
The world would be on fire
1 in 3 men aged 20 and older are neither working nor looking for a job in the US, per WSJ
Readers added context they thought people might want to know
This statistic for men aged 20+ includes many retirees; the labor force participation rate for prime-age men (25-54) is 89.2%, meaning only about 1 in 9 are neither working nor looking for work. bls.gov/web/empsit/cps…
Chart Addicts retweeted
I went through Donald Trump's latest financial disclosures and pulled the 10 most interesting trades from the May activity.
Some of these names will surprise you: