Forex (Foreign Exchange) is an international currency trading market. In this market, you can buy and sell financial instruments corresponding to the different currencies. Trading Forex is a risky business, You may lose money. Please consider this before opening an account with any broker.
Saturday, 18 June 2022
Trading Strategy- Close stocks in red or wait
Thursday, 16 June 2022
EURUSD Analysis 16th of June 2022
Date: 16th of June 2022
Open 1.04619
TP: 1.055 , 1.06 and 1.069
SL: 1.03
Monday, 13 June 2022
Wednesday, 8 June 2022
What to do when inflation is high
Hi everyone!
Almost all of the Reserve banks worldwide are hiking the interest rates to fight inflation.
Now the question is: What is the correlation between inflation and the stock market?
To answer this question, we have to separate commodity-related stocks from others.
When inflation is high and the commodity price is going up, companies may lose money as the operating costs will go up and profit get less.
We are not going to get too technical by drawing graphs to compare inflation against an index.
This is done before by many other analysts.
The key is what to do in these situations?
There are some basics which we should follow.
- Follow the trend. as much as you can. It is not always 100% possible to do this. You can see I have many red trades in stocks and cryptos. But if you check the history of my closed trades you will notice that I have closed many trades right before the big drops start. I have left the rest as I am thinking long term and you know the stock market has a cycle ( sometimes up to 5 or 7 years ). So, I am patient. I know eventually, my $NVTA or $RBLX stocks will go back up.
- Be patient if you do not pay fees to keep the open trades open! Yes, if your cryptos are not CFD you do not pay fees on long positions. One dayMy $SUSHI and $ALGO will go up.
- As long as you see the commodity prices are rising keep some $OIL related trades open and enjoy the profit. I have OXY, DBO and ET positions going.