l1l (1717)

l1l

Passionate about crypto trading and discovering excellent nft projects

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Trading is a psychological battle where emotions like greed and fear drive irrational decisions. Many traders fall into a “reset loop,” reopening accounts without addressing core issues. Market fluctuations, though appearing random, may be controlled by algorithms, limiting price movements. Relying solely on short-term charts is risky, akin to gambling, while higher time frames like weekly charts offer clearer trends. Avoiding stop losses reflects a lack of discipline. Stop losses are essential for managing risk and maintaining responsibility. Traditional theories, such as Elliott Wave, often overlook the importance of time. In reality, markets seek liquidity and fill price gaps, not complex patterns. Success in trading goes beyond technical skills—it requires emotional awareness. Documenting thoughts and mistakes, even in demo accounts, helps identify behavioral patterns. The market doesn’t defeat traders; they defeat themselves by ignoring personal flaws. Sustainable success demands discipline,…

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📉 Weekly Market Recap 📉 U.S. non-farm payrolls shocked with only 12k jobs added, raising bets on a Fed rate cut in November. Meanwhile, rising geopolitical tensions with Iran & Israel impact oil prices, while Big Tech earnings disappoint, leading to a major dip in U.S. stocks. 🔑 Key Takeaways: 1️⃣ Fed policy shifts are on the horizon. 2️⃣ Geopolitical risks in the Middle East loom large. 3️⃣ Earnings season volatility continues. Stay tuned—markets are in for a wild ride! #StockMarket #Oil #Fed #Geopolitics

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📉 Fed Rate Cut Outlook: Gradual Easing Ahead? With recent weak jobs data and core inflation still high, the Fed may lean towards gradual, 25 bps rate cuts to balance growth and inflation. 🌐 Geopolitical risks & energy prices add uncertainty, while markets expect moderate cuts into 2024. Key points: 1️⃣ Labor market slowing = economic support needed 2️⃣ Inflation concerns curb aggressive cuts 3️⃣ Market expects cautious, step-by-step easing All eyes on the Fed’s next moves! #FederalReserve #RateCuts #Economy

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