Author: Anthony M. Orbison
Forex Trading Discipline: How to Stay on Track and Avoid Impulse Decisions Discipline is the backbone of success in Forex trading. When you have a solid set of trading rules and avoid making impulsive decisions, you’re more likely to achieve your goals and turn a profit. However, staying disciplined is easier said than done, especially for new traders who are caught up in the excitement and uncertainty of the markets. In this article, we’ll explore the importance of discipline in Forex trading, and provide tips on how to stay on track and avoid making impulsive decisions. Why Discipline Matters Forex…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Vladimir Putin has issued a stark threat to Ukraine’s Nato allies, saying he would expand Russia’s nuclear doctrine to potentially cover attacks against his country using advanced western missiles.Speaking to his security council on Wednesday, Putin said he would deem nuclear powers to have attacked Russia if they “participated in or supported [ . . . ] aggression” by a country using conventional weapons against them.Putin’s threats were a clear message to Ukraine’s western allies as the US and UK deliberate letting Kyiv hit targets…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Both dressing yourself and your bed can be tricky in this transitional time, but opting for layers is one of the best ways to go. You will want to look for sheets that are soft but breathable, a light blanket or quilt, and to top it all off—literally—a comforter. And when it comes to choosing a comforter, a fiber fill or down alternative is one of your best bets. Not only are they pretty affordable, but you…
Mircea Popsecu is a mostly forgotten figure in this space, but he was once a very impactful cultural figure early on before he slowly faded out of the wider public sphere to eventually “accidentally” drown off the coast of Costa Rica. He was quite an insane and eccentric, but he has left a lasting impact on this space. I would argue he is essentially the Godfather of what people these days consider “toxic maximalism,” although compared to people who claim that label today he would make them seem like overly sensitive and whiny children. One of his most prolific posts…
The Impact of Economic News on the Stock Market: A Guide The stock market is often influenced by various factors, including economic news. As a trader or investor, it is essential to understand how economic news can impact the market and make informed decisions to minimize losses and maximize gains. In this article, we will delve into the impact of economic news on the stock market and provide a comprehensive guide to help you navigate the complex landscape. How Economic News Affects the Stock Market Economic news can have a significant impact on the stock market, leading to fluctuations in…
Wells Fargo employees are speaking out following the unnoticed death of their co-worker, Denise Prudhomme. Last month, the corporate banking consultant, 60, died while in her cubicle in a Wells Fargo office in Tempe, Ariz. She was not found for four days. Now, the union is demanding that the banking branch address the conditions and culture that enabled the tragedy. On Monday, a statement signed by more than 200 Wells Fargo Workers United-CWA members and bank workers was distributed to leadership nationwide. This pushback comes amid a broader reckoning across the workforce and in the financial sector. It’s also unprecedented.The…
By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms (NASDAQ:) kicked off its annual Connect conference at its California headquarters on Wednesday, where it is expected to preview its first augmented-reality glasses and announce updates to its existing virtual-reality and artificial-intelligence products. Among those AI updates is an audio upgrade offering users the option to select a voice for Meta’s ChatGPT-like chatbot, including the ability to make it sound like celebrities including Judi Dench and John Cena, Reuters reported on Monday. The augmented-reality reveal is a long time in the making for Meta Chief Executive Mark Zuckerberg, who positioned…
A few days ago, a new initiative promoted by Prime Minister Netanyahu was announced – removing 200 shekel bills from circulation, as a first step to abolish cash altogether within a few years.The official excuse? fighting financial crimes and black money in the Arab society.As expected, this move – identical to India’s move in 2016 – will cause further destabilisation of Israel’s economy and of its citizens’ physical and mental states. A derivative of this economical shake up will ripple into Gaza who is relying on the Israeli shekel as its currency, and clearly, its population is heavily reliant on…
Don’t Let Emotions Cloud Your Judgement: A Guide to Emotional Trading Emotions are a natural part of the human experience, and as traders, we are no exception. However, emotions can be a significant obstacle to making informed and successful trading decisions. Fear, greed, anxiety, and excitement can all cloud our judgement and lead to impulsive decisions that can ultimately harm our trading accounts. In this article, we will explore the importance of emotional control in trading and provide a guide on how to manage your emotions and make more rational decisions. The Impact of Emotions on Trading Emotions can have…
US stocks lost steam on Wednesday after markets hit their latest all-time highs as investors looked to new data for clues to the health of the economy and the chances of another jumbo rate cut.The Dow Jones Industrial Average (^DJI) reversed earlier gains to fall about 0.6%, while the S&P 500 (^GSPC) also slipped into negative territory, declining around 0.1% on the heels of record closes for both major indexes. The tech-heavy Nasdaq Composite (^IXIC) remained the only major gauge in the green, up roughly 0.1%.The question now becomes whether or not the US economy could find itself in a…