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Posts by OnyotYecyec

Daily Market Diary in New Traders Mar 20, 2023 at 04:41
🔵Holding a belief that trading will work in a short period of timeThe Dangers of Trading Too Quickly Believing that Trading Will Work in a Short Amount of TimeTraders who think they can make money in a short amount of time reflect the modern world in which we all live. They think they can make a lot of money quickly if they just trade a lot, even if they don't know what they're doing. However, trading profitably takes time, patience, and discipline. Believing trading will work in a short amount of time can lead to numerous pitfalls that will undermine your trading success. Some of the...
Daily Market Diary-ECB hikes 50bp and drops forward guidance, in General Mar 17, 2023 at 02:57
The recent market turmoil has not deterred the ECB from fighting inflation. Dropping forward guidance, lowering inflation projections, and a growing awareness that tightening so far can have negative effects suggest that today's meeting may mark the end of ECB tightening.The latest financial market developments cast doubt on whether the European Central Bank would hike today. However. The ECB raised rates by 50bp as expected to maintain its inflation-fighting credibility. Rates were unannounced by the ECB. The ECB cited a resilient European banking sector and said it would "respond as...
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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