2022/11/27 (118) Column
Do You Know?
How Describe Your Own Personal CFD Trading Account?
How About Trading A Defensive Long-Term Dynamic 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 Defensive Long-Term Dynamic 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 defensive CFD trading account, with less than one transaction per day, is that with a lower number of transactions, you can decelerate your own personal portfolio value development. So 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. Exactly, to want to be able to make a maximum of one trading decision (buy/sell or do nothing) on each trading day, and/or no more than four within each calendar week.
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
This week, FED Chairman Powell has a much-anticipated speech, on Wednesday. In contrast to most of my foreign esteemed colleagues, I am pretty positive about the FED, in relation to their monetary policy – in their fight to bring the us inflation down. However, I expect to be confirmed with our long 4XSetUp in the Dow Future. Nevertheless tighten the stop price. Because if you read my DEVISE 2 DAY Financial Market Online Newspaper regularly, then you know that I assume that the financial market price is always wrong. Either overvalued or undervalued – and/or in relation to the us monetary policy has gone too far forward and/or is may be also laggingbehind. That`s why tighten the stop price up to 32.800 points in the YM1!-CBOT_MINI. And read, analyze, and evaluate the FED speech. And rather take into account the reaction of all others too. But more on that next week. So, let the market price action happens at first, this week– incluisve around the important us unemployment numbers on friday. So that I can think about new old thoughts at the weekend – and (not) readjust our YM1!-CBOT_MINI 4XSetUp next week.
DEVISE 2 DAY 48h
– Some Last Market Price Actions News
US Stocks Book Gains for Holiday Week
The Dow Jones added more than 150 points in shortened trading on Friday while the S&P 500 was little changed as investors reassessed the outlook for monetary policy while looking for clues on consumer health as Black Friday shopping started. The Nasdaq underperformed, falling roughly 0.5%, as shares of Activision Blizzard closed down more than 4% following news that the FTC was planning to file an antitrust lawsuit to prevent Microsoft from acquiring the videogame publisher. Investors also digested the latest move from China, with the central bank cutting the reserve requirement ratio for banks by 25 basis points to shore up growth in an economy battered by persistent coronavirus-induced restrictions and real estate crises.
European Stocks Climb for 6th Week
European equity markets edged up on Friday, with the STOXX 600 advancing for a sixth straight week for the first time since October last year, amid further signals that central banks might not end up hiking as aggressively as feared. Earlier this week, minutes from the Federal Reserve’s latest meeting suggested there will be a slower pace of interest rate hikes in the coming months, while the European Central Bank’s meeting accounts showed policymakers agreed to tighten policy further.DEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right
Our long DXY trading capability since 96 points with a stop price by 110 points breaked last two weeks before. So it will be exciting and/or much more thrill still to watch the DXY this week. Because, if the DXY comes back above 110 points, i will rewrite our long DXY trading capability. But let me stay honest – like last both week; i don`t belive in it anymore. I`m much more afraid that we`ll see 100 points, may be lower, faster and/or volatiler as i, as you, as the most of us probably, could imagine. However short UKOIL trading capability since 95$ under 100$ ist still volatile in the money. 10$ up and/or down a week seems like to get normal. And/Or our long 4XSetUps in the Dow Futire – even CBOT_MINI-YM1! since 30.565 points – above 30.000 points, is in the money too. Like our long 4XSetUp in the GBPUSD cross-pair also; we`re we on since 1.1278 GBPUSD above 1.0924 GBPUSD. For our long 4XSetUps in the Dow Future I have the stop price in CBOT_MINI-YM1! Raised last week before. In fact, at the level of the trading day, in October 2022, when the inflationrate numbers for September 2022 was released. Because on this trading day CBOT_MINI-YM1! crashed by down to 1000 points. So at price actions above 32780 points we can now speak of a completed short-term technical formation and can argue as bulls with a technical bullish picture at least. And that’s the main thing to watch until the end of thos year 2022. So, just let profits run over it – and realize profits below 32780 points at the latest. So that, with a little bit luck, we`ll still trading above 32780 into year 2023? That`s our hope, for the rest of this year 2023…
In the US, the labor report will take the central stage thos week – in context about new numbers from the usa – 2nd estimate of GDP growth, ISM manufacturing PMI, CB consumer confidence, and personal income and spending. Also, attention will be given to inflation rate releases for Euro Area, Germany, France, Italy, Spain. Finally, GDP growth rates for Q3 will be published for Canada, Turkey, India, Brazil, and Switzerland, and PMIs for China, Canada, India, South Korea, and Australia.
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