2022/11/09 (107) Column
Do You Know?
How Describe Your Own Personal CFD Trading Account?
How About Trading A Pro-Active Medium-Term Speculative 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 AssetsI 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 Pro-Active Medium-Term Speculative 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 a pro-active CFD trading account, with only one transaction per day, is that you can accelerate or decelerate your own personal portfolio value development with a higher or lower number of transactions. 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. And if you haven’t made any trading decisions (buy/sell or do nothing) so far, then a lower number of transactions than before is more likely to motivate you. 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 a daily basis, has the advantage of being able to trade (buy/sell or do nothing) already completed and/or upcoming financial market price developments that focus on each individual trading day. So there may be weeks where you have to learn to realize profits and/or losses every day. As well as weeks in which nothing happens – i.e. current positions that are still open in the market are still running. The bad thing about a medium-term CFD trading account goes without saying. If you can’t do anything with a CFD trading account, you have to deal with it every day from time to time. And then, within another calendar week, has nothing to do with regard to his portfolio assets, he will not be able to do anything with them. Rather, a medium-term CFD trading account, on a daily basis, is likely to get on the nerves of many. And give no pleasure.
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 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
In the US, the inflation rate data will be closely watched followed by several speeches by the Fed officials and midterm elections. In Europe, investors will monitor the UK Q3 GDP growth rate and retail sales for Euro Area. Finally, China is set to publish foreign trade and inflation rate figures and Indonesia, Malaysia, and Philippines’ GDP rates for Q3.
The five stocks of the XETR-DAX in our Financial Markets 4XSetUps are these week XETR-CON, XETR-DB1, XETR-DBK, XETR-DPW and/or XETR-DTE. Look at the short-term, medium-term and/or future prospects, from a technicalanalysis point of view, in every upcoming D2D Edition, including this one. We may see one of these stocks as 4XSetUps in the near future. Anyway! Maybe it is also interesting for you? Then at once on your watch list…
DEVISE 2 DAY 48h
– Some Last Market Price Actions News
FTSE 100 Struggles to Make Headway
London equities struggled for traction on Wednesday, with the blue-chip FTSE 100 closing around the 7,300 mark, as losses among energy stocks offset gains in healthcare. In a light day of economic data, investors’ focus turned to the US midterm elections, which will determine a shift of power in Washington, with a slipt government seen as the best market outcome. Investors also await US inflation data due on Thursday that could signal how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. Ocado Group and Informa were among the biggest laggards on the index, down 5% and 4%, respectively. On the positive side of the ledger, Smiths Group rose roughly 3.5% to be among the top gainers.
European Stocks Close Slightly Lower
European equity markets closed slightly down on Wednesday, with both the German DAX and the benchmark Stoxx 600 down less than 0.3%. Travel and leisure stocks were the worst performers, falling by over 2%, while utilities and healthcare companies clutched some gains. Among single shares, Germany’s second-biggest bank Commerzbank dropped nearly 7% after saying its 2024 costs will be higher than anticipated. On the other hand, British engineering firm Smiths Group gained more than 3% after announcing a 13% rise in quarterly organic revenue; German sportswear; and Vantage Towers soared 10% after Vodafone announced that it would sell a slice of its stake in the wireless tower business to private equity firms GDP and KKR.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. However, DXY long since 96 above 110 points, UKOIL short since 95$ under 100$, CBOT_MINI-YM1! long since 30565 points above 30000 points, and/or GBPUSD long since 1.1278 above 1.0924 are the open 4XSetUps this week.
I think the probability is very high that we will be able to trade a rising oil price in the UKOIL above $100 this week. And or also the DXY under 110 points. And then for a longer period of time – if inflation does not rise significantly in the US this week. I assume that it will increase (higher than 8.2%) – even if the majority is excepting only 8.0%. And that’s the crucial point, because if it doesn’t rise after all, then our CBOT_MINI-YM1! should pay off – and the USD dollar should fall. If not then the other way around – DXY above 110 points and/or CBOT_MINI-YM1! under sharply sell pressure. Anyway, that’s what I expect for this week – and that even with a UKOIL over $100, because OPEC secretly, due to the current political environment, unspokenly wants it that way. What of course I don’t know – but I’m guessing. Without stepping on anyone’s tie. And if it does: “Please excuse me!”
The midterm election in the USA will also make big waves.
The media are already on fire – and so am I. Stock traders on Wall Street are as politely silent as bond traders in Chicago. But I don’t want to kid you why, my dear readers, these elections are groundbreaking for Washington! With this in mind, stick to your previously defined entry and exit prices. And regardless of what you trade. And go vote if you’re in the US and reading my D2D right now. And that regardless of which party and/or person you give your cross to! Enjoy the political theater and/or the price action this week – it’s a wonderful time…
good morning, good day, and/or good night
at whatever time, wherever you are !
right here right now :