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NVDA: Nvidia Shares Wash Out Over $200 Billion in Terrible Day to Be a Chip Stock
· Nvidia wipes out $200 billion.
· Trump comments hurt chip stocks.
· Little tech advances and big tech drops.
· Nvidia NVDA is turning into a rollercoaster stock getting notorious for outsize swings and whipsaw trading. The chip maker plunged 6.7% on Wednesday after jittery traders reeled out of the semiconductor sector on comments by Donald Trump who said that Taiwan — the world’s leading spot for chip manufacturing — should pay for its own defence. In addition, the Biden administration vowed to pursue new US export restrictions to China.
· The stampede out of Nvidia erased more than $200 billion from its market cap, reminding investors just how dangerously volatile this beast of a public company is. Not long ago — at the end of June — Nvidia rattled markets with more than $500 billion washed out in a three-session stretch. Despite Wednesday’s slide showing how overstretched the rally is, shares of Nvidia are riding on nearly 150% in gains since the start of the year.
It is time to revisit this article as today is a prime example of a liquidating market
US 2000 (CFD)- Trump Trade Profit Taking?
Russell 2000 is down nearly 2%, which may be the result of some Trump Trade profit taking amid reports Biden may step down.
Note Amazing Trader US2000 support at 2191 is so far holding
Currency markets move in cycles. At times conditions in the US session are with the grain. Other times only counter cycle opportunities exist. Of late it has been largely counter, with the in grain conditions arriving in Europe. Don’t waste your time trying to get in at midnight. Stick with your hours.
USDJPY 4 HOUR CHART – 2 Way Risk?
If the goal of the BoJ is to turn technicals against USDJPY it would NEED TO BREAK 155.11 (Thursday low 155.37).
In this regard, it has created a two-way risk but not fully turned technicals.
Now it needs to hold the trendline, which is just hovering overhead.
On the upside, 158.60-85 would likely be protected.
Here is a question anyone interested in prop trading should be asking…
EURUUSD 15 MINUTE CHART – WHY I LOVE THE ANAZING TRADER
LOok at this chart and how 1.0905 formed a double bottom.
You may have had this on your chart but The Amazing Trader consistently SHOWS OPPORTUNITIES FOR TRADES.
VISIT THE AMAZING TRADER OR CONTACT JAY@GLOBAL-VIEW.COM FOR A TRADING CLUB DISCOUNT
Let me explain why I look at how EURGBP trades if trading EURUSD, GBPUSD or both.
Depending on the overall spot trend in this currencies, when I see EURUSD selling and the cross moving down, I may assume the selling is related to EURGBP more than EUR vs the USD.
EURUSD last at 1.0916 and EURGBP at .8410 vs. earlier 1.0905 and .8404 lows.
Go to the Trading Club if you want me to elaborate.
I like the buy side of Euro around 1.09. Futures 0920-30 zone is intact. Was clear to me some major entities were just playing games the other day and caused a lot of coffee and head shaking among the little people who’s stops were run. Based on what? Widespread inconsistencies in metrics such as futures, options, forwards, neural-networks, visual recognition of some whale orders which were not hedges but rather stop runs which were actually profit taking that did not damage overall allocations, etc. Banks and the like have been in way before yesterday.
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What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Why is Risk Management Important in Trading?
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
What are Some Common Risk Management Strategies?
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
How to Implement Risk Management in your Trading Plan
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
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