2022/10/30 (099) Column
Do You know?
How Describe Your Own Personal CFD Trading Account?
How About Trading A Offensive Long-Term Conservative One?
There is still a lot going on on US WallStreet so far in 2022.
Strong mood and/or price fluctuations are an expression of ongoing uncertainty.
It may be difficult for many colleagues to show their (potential) customers clearly defined perspectives.
Many of my colleagues are reluctant to make far-sighted forecasts for the future. Even suppress as recent analyzes it shows. Understandably, if you`re aware of all the current uncertainties (key interest rate decisions, yield cruves, exchange rates, individual commodities, individual stocks, even entire stock markets). And most, like me, do not want to estimate to what extent the self-inflicted US inflation, by Sleep Joe Biden, and his US Democrats, is affecting the us economy. How badly us inflation is biting it`s into the wallet of the us consumer, like a self-inflicted cancer. Due to the contrary, even opposite, policy initiated compared to his predecessor Donald J. Trump. Politically, Trump understood how to organize an export surplus of energy for the first time in over 40 years. Under his watch in the white house, the USA produced more energy for the first time than US taxpayers and US consumers could consume. As already written; quite the opposite of Biden’s green inflation. Which is politically wanted and also so high; like it hasn’t been for 40 years.
For market guys in particular, who while us wallstreet trading sessions mainly have an other professional activities, I always try to make it detaily clear to focus on what you, yes you, can influence. And these are – in addition to reading, analyzing and evaluating daily stock market news and other market price action relevant information – above all my 3 variables: And these are: The number of transactions; the entry price including target price and/or stop price; and the transaction’s percentage of the total portfolio. What you can do very professionally within 1 to 2 hours on every trading day, from Monday to Friday! If you want it?
I Distinguish The Number Of Transactions In
An Offensive, Proactive Or Defensive CFD Trading Account:
an offensive CFD trading account, I define with more than one transaction per day
a pro-active CFD trading account, I define with always only one transaction per day
a defensive CFD trading account, I define with less than one transaction per day
The Distance Of The Target Price & Stop Price From The Entry
I Differentiate Between Short-Term, Medium-Term And Long-Term CFD Trading Accounts:
in a short-term CFD trading account, shorter than daily charts are use
in a medium-term CFD trading account, only daily charts are use
in a long-term CFD trading account, longer than daily charts are use
The Percentage Share Of Each Individual Transaction In The Total Portfolio Assets
I Differentiate Between Conservative, Dynamic Or Speculative CFD Trading Accounts:
a conservative CFD trading account, trades every transaction with 1% share of the total portfolio asset
a dynamic CFD trading account, trades every transaction with 2% share of the total portfolio asset
a speculative CFD trading account, trades every transaction with 3% share of the total portfolio asset
Personally, I find myself as a pro-active medium-term conservative CFD trading account holder.
What you, in my technical analysis 4XsetUps, can hopefully, more or less, understand in every DEVISE 2 DAY Edition! What you don’t believe me again? Read one of the latest editions, out of the archive, on my homepage.
But let`s be more detailed and/or clear about your CFD trading account!
Do you know? How describe your own personal CFD trading account?
How About Trading A Offensive Long-Term Conservative One?
So let me use a few more numbers and/or letters…
Therefore, do not try to be someone else who you are not! Don’t fake yourself, don’t fake other market guys, and or don’t fake it basically. Try it, try it, and/or try it again! Until you real eye it, until every market guy around you real eye it – until you are it. Better stay honest with yourself. And don’t educate yourself to be a better financial market participant, let alone human being, than others; there is always someone else who can do something better, as well as someone else who can do something worse. Think for yourself, just for yourself, independent of all other market guys, independent of US WallStreet, how many transactions per day, per week you feel most comfortable with. Are you most comfortable with more than one transaction per day, ie an aggressive CFD trading account? Or is a pro-active CFD trading account enough for you, like me, with only one transaction per day? And if both are too much for you, how does the idea of a defensive CFD trading account with less than one transaction per day feel? The advantage of an offensive CFD trading account, with more than one transaction per day, is that with a higher number of transactions, you accelerate your own personal portfolio value development. So if you have made relatively good trading decisions (buy/sell or do nothing) so far, then a higher number of transactions than before should motivate you more. To be able to make at least one trading decision (buy/sell or do nothing) on every trading day.
And never again operate without a previously defined entry price including target price and stop price. And that regardless of the number of your transactions. Also, don’t change your approach just because of this article. Not immediately! First, think carefully about what you just wrote! Have you, if at all, always chosen your entry price and/or target price, but also stop price, in the chart for the short term on an intraday basis? Or was it enough for you, if at all, like me, to always choose your entry price and/or target price, but also stop price, in the medium-term chart on a daily basis? And if both time intervals were not long enough for you. How does the idea feel to continue to choose your entry price and/or target price, but also stop price, if at all, as always long-term chart? The good thing about entry prices including target prices & stop trips, on weekly charts, has the advantage of being able to trade (buy/sell or do nothing) only large, slow financial market price developments. So that you will realize your losses relatively slowly and rarely. The bad thing about a long-term CFD trading account goes without saying. Slowly and infrequently, profits can increase – not just your losses.
However, the most important thing is and remains the prior definition of the percentage of each transaction in the total portfolio value. Even if many professionals strongly disagree with me. Because if you decide to trade at a conservative 1%, then you have up to 99 times the opportunity to realize losing open positions! In the case of each transaction in the amount of dynamic 2%, you have up to 49 times the opportunity to realize losing open positions! And if you decide to trade at a speculative 3%, you still have 33 times the opportunity to realize losing open positions! Take a few days and calmly think about what you have just read? You can bet that it will question your understanding, also of your previous depot management? Think about it before you fall asleep! Because a depot, like yours, has to look like a well-organized workbench: As a CFD trading account holder, you have to know at all times: What’s there? Where is it? What is it for? And or how do I deal with each individual part of my depot? How is this to be done? Right! With the help of my 3 variables, which I didn’t invent. But for the first time I put it together in such a way that the depot management of every interested market guy, including yours, is raised to a more professional level. And above all, every market guy who has to pursue another main occupation every trading day in order to secure the livelihood of his family. Just like I did back then when I cared for my mother for 11 years because of her advanced age. And that until your last breath. And even worked at gas stations at night. Wrote nonfiction about US Wall Street by day. And while always being forced to come up with ideas while taking care of my mother. To make it easier for me to trade on US WallStreet, on the financial market, especially derivatives trading (in the form of CFDs). So that I’m now down to my 3 variables. Since you more than accelerate the depot management of each individual – never heard of you before, let alone implemented it. So that you only need 1 to 2 hours on each trading day to be able to professionally follow the most important current financial market developments. If you go for a speculative 3% per transaction, like most CFD market guys I’ve been surprisingly told by the way, then you have up to 33 times the opportunity to realize losing open positions in a row! Think about it again for a moment? Right! Who will be wrong 33 times in their trading decisions (buy/sell or do nothing). And that in a row! I don’t think anyone can do that – and certainly not us! Or? So that, learning by doing if you will, sooner or later you will surely become a better and better speculative CFD trading account holder. Because, after one month, you should have a maximum of 66-69% of your portfolio value with open trading positions in the market, depending on how many trading days the current month has. Giving you up to 5 to 6 weeks, if at all, to start learning how to organize a full speculative CFD trading account in the near future! And then learning by doing! Which increases the learning effect; because it immediately reveals both positive and negative practical examples! What? Do you like that thought? Is your mouth already watering? You, yes you, see yourself as a speculative CFD trading account holder? Is that what you liked? Then visit my homepage and voluntarily decide for a new CFD trading account with a broker of your choice, such as »AdmiralMarkets«, »AvaTrade«, »Dukascopy«, »eToro«, »FxPro«, »InstaForex«, “IronFX”, “Plus500” and or “XM”.
DEVISE 2 DAY 48h
– My Last Thoughts About Market Price Actions
It will be a very busy week in the US with Federal Reserve’s interest rate decision, labor report, and earnings reports taking center stage, this week. Also, investors will be closely watching central bank meetings in the United Kingdom, Australia, Norway, and Malaysia and GDP growth and inflation rate figures from Euro Area. Finally, China will be releasing manufacturing and services PMI’s for October.
In our Financial Markets 4XSetUps we have NYSE-AMGN as a buy > 250$ < sell, NYSE-AAPL as a buy > 130$ < sell, XETR-1COV as a buy > 40€ < sell, XETR-ADS as a buy > 92€ < sell, and/or XETR-AIR as a buy > 92€ < sell, this week. Keep these stocks on your watch list for the medium and long term. In the short term, however, we are concentrating again this week on our 3 currently open trading capabilities DXY, UKOIL and/or CBOT_MINI-YM1!.
DEVISE 2 DAY 48h
– Some Last Market Price Actions News
US Stocks Finish Week Up Following Weak PCE Print
The Dow advanced more than 800 points on Friday, and the S&P 500 and the tech-heavy Nasdaq added over 2.5% each as investors digested a slew of economic data and earnings reports while reassessing their expectations for more rate increases from the Federal Reserve. The Fed’s favorite inflation rate, the PCE price index, showed that annual core inflation came slightly weaker than expected but still pointed to increasing inflationary pressures. Meanwhile, a Commerce Department report showed that consumer spending rose above expectations in September. On the corporate side, Apple jumped over 8% after the iPhone maker topped analysts’ estimates for revenue and profit. Conversely, Amazon.com shares tumbled almost 10% after forecasting holiday-quarter sales below Wall Street expectations. The Dow and S&P finished the week higher by roughly 5.6% and 4.0%, respectively, while the Nasdaq lagged, finishing only 2.0% higher.
Russian Stocks Close Week in the Green
The MOEX Russia index pared early losses and closed slightly above the flatline at 2,165 on Friday, the highest in over five weeks, after the Central Bank of Russia held its key interest rate at 7.5% as expected. The decision signaled the end of the loosening cycle by the CBR, halting six straight rate cuts since the emergency hike to 20% in February. In the meantime, investors digested President Putin’s speech at an annual meeting in Moscow, where hefurther emphasized the Ukrainian invasion’s perceived success and took jabs against Western leaders, strengthening concerns that Russia will remain economically isolated for a prolonged period. Still, sentiment was lifted slightly after Defense Minister Shoigu announced Russia’s military mobilization is done. The MOEX closed the week 6.9% higher amid hopes that companies will distribute hefty dividend payments, underscoring that the deteriorating geopolitical and macroeconomic backdrop has little effect on Russian equities.
European Stocks Post Best Week since Mid-March
European equity markets advanced about 3.5% in the fourth week of October, the best performance since mid-March. Domestically, the DAX index rose 4%, the fourth consecutive week of gains. Stocks were able to close slightly above the flatline on Friday, after trading most of the session in the red.
DEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right
A lot of new old information is coming out this week, so I’ll keep it short this time – without looking too much in the rear-view mirror.
We remain long in the DXY above 110 points and/or more. Just like in the UKOIL still short from 95 USD with a stop price at least at 100 USD. Our CBOT_MINI-YM1! has performed better than expected – as i truly could imagine; that’s why we basically let the price action happens. And that still with a pretty neutral attitude around 30.000 points – incl. with our long/short Trading Switch 4XSetUp Trading Capability. And that too with the risk of dropping 1000 points – in one day. Just as hoped to continue to rise. The two FED days, on Tuesday and/or Wednesday, will be essential with decisive – as well as Friday, with the labour market data. That`s why, as far as a readjustment is concerned, read further our technical analysis 4XSetUps on a daily basis…
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