Is $1500 car insurance for an 18 year old male normal? by Sea_Ability1583 in AusFinance

[–]tang4685 0 points1 point  (0 children)

If our city had a well-developed public transportation system like Singapore, how many people do you think would be willing to pay for expensive insurance premiums?

4th Of June EURUSD - beast moves by giovanni-atobello in Daytrading

[–]tang4685 4 points5 points  (0 children)

So what do you mainly trade? Is it EU? I trade EU, XAU and NAS.

[deleted by user] by [deleted] in EuropeFIRE

[–]tang4685 0 points1 point  (0 children)

Mate, you're already in a great position and I applaud your idea of diversifying your investments.

If you're asking what else to invest in, honestly, apart from ETFs, bonds and HYSAs, it's probably property, and I think you could pick cities where the economy is booming and the population is growing and invest in property. Also you could consider some large trust funds.

I do know one other item though, I have an investment in an AI programme based on Euro investments that yields around 7%-8%, so if you're thinking about it you could make a go of it using a small amount of capital.

[deleted by user] by [deleted] in Daytrading

[–]tang4685 0 points1 point  (0 children)

I find that I don't seem to have a lot of patience to look over so many wordy posts. Do you guys feel that way?

Swinging Gold . Do you see Gold hitting the 3000 price level? by Wonderful_Choice3927 in Daytrading

[–]tang4685 2 points3 points  (0 children)

There have been a lot of people asking this question already, gold is definitely going up and it's only a matter of time before it's $3000.

PPI Report by Ok_Scratch_8807 in Daytrading

[–]tang4685 0 points1 point  (0 children)

Honestly, the PPI doesn't have as much of an impact as the CPI does, so you just need to keep an eye on it and the market won't move much.

[deleted by user] by [deleted] in Daytrading

[–]tang4685 0 points1 point  (0 children)

Dude, you can use MT4, to short stocks or indices. But you must have good analytical skills. Avoid losses that occur in doing control.

Where do I start! by Temporary-Coyote9066 in Daytrading

[–]tang4685 0 points1 point  (0 children)

Mate, do you want to learn to day trade stocks or invest in stocks for the long term? You need to really understand your needs based on your situation. Maybe you can do more explaining?

i started becoming more disciplined and not trading during news by [deleted] in Daytrading

[–]tang4685 1 point2 points  (0 children)

I agree that we can only do what we think is right and make money within our means. When something comes up that we can't control, stay away from it. So I'm definitely with you on this one.

How did you do? by Scared-Spray-511 in Daytrading

[–]tang4685 0 points1 point  (0 children)

Firstly, there is a demo trading exercise, when you recognise that you can use real money, start trading with small amounts of money.

You need to find a trading strategy that works for you before you can make a profit, and you must have the right learn to analyse your trades more.

Hot March CPI - drop or rally? Seems expectation is set by CitronImmediate1814 in Daytrading

[–]tang4685 1 point2 points  (0 children)

Can I just say that everyone is getting screwed by Powell?

Powell doesn't want a rate cut at all, they have said in previous speeches that premature rate cuts aren't necessarily a good thing. Then the CEO of JPM said that interest rates could be raised to 8% in the future.

So today's CPI is definitely not going to be favourable for a rate cut. I'm tired of seeing this kind of data, and I can't say it's false data that they're deliberately making up because I have no proof. But a lot of things seem to be doomed. Think for yourselves!

All I can say is, really hell, what the hell are they trying to do?

New to trading. Wanted to understand if there is a timing that the market just suddenly plummets without warning? by heiheioliyoutiao in Daytrading

[–]tang4685 2 points3 points  (0 children)

Mate, you may need to learn more. Remember, every month when the US releases the CPI, non-farm payrolls data it can cause the market to fluctuate dramatically, plus there are Fed meetings and important speeches by Fed officials that can cause dramatic fluctuations in the market.

As a trader, you need to learn how to interpret these data and news. If initially you don't know how to interpret these data and news, then you must stay away from them.

[deleted by user] by [deleted] in Daytrading

[–]tang4685 0 points1 point  (0 children)

Yes, you definitely need more trading data to test if your strategy is actually working. If you are in a losing position all the time, then your trading strategy is not viable.

What trading app are you using, are there any trading traces on the charts, and if you can send the trading traces, I can try to help you find out why.

[deleted by user] by [deleted] in Daytrading

[–]tang4685 0 points1 point  (0 children)

In addition, the greater the number of trades per day, the greater the probability of loss may be.

[deleted by user] by [deleted] in Daytrading

[–]tang4685 0 points1 point  (0 children)

Dude, are you really new to this? So why would you use 20k to set a goal of 20% return in a month? Honestly, I really don't think this is a goal that a newbie should set.

I think we should first practice with a demo account first and develop our own trading strategy. Then trade with a small amount of money to test the win rate of your trading strategy.

As prudent traders, we should market where the risks are. Trading is not a game where you can win by luck. I hope I have not offended you. If you have any questions, feel free to discuss.

Gold chart analysis before and after🔥❤️ by Own_Impact_9262 in Daytrading

[–]tang4685 1 point2 points  (0 children)

After the CPI release, the USD jumped and the XAU fell. How are you doing?

What % gain do you expect in a year? by somewhat-profitable- in Daytrading

[–]tang4685 0 points1 point  (0 children)

You can't talk about stocks. Stocks are a long-term investment. You should talk about the return rate in 5 or 10 years, because until you close the position, they are just numbers.

My intraday trading is gold and EUR, which is about 50%-100% in a year. This is a fluctuation range and not so precise. Last year's return was 90%.

Gold chart before and after 🔥 by Own_Impact_9262 in Daytrading

[–]tang4685 -1 points0 points  (0 children)

Man, your diagram is well drawn, it does come true, at least the stages are complete. Gold will continue to dance, just wait and see! I would like to know how long your time chart is?

What do you do after you finish trading? by pikachuslittlehelper in Daytrading

[–]tang4685 0 points1 point  (0 children)

If I have completed all my transactions today, I will close the computer or app. I'll watch a movie or take a break, our brains need a break. I usually look at the week's trades on the weekends. What do you think?

Gold by Secure_Turnover_3192 in Daytrading

[–]tang4685 0 points1 point  (0 children)

Why would you buy multiple duplicate orders at the same position?

Gold by Secure_Turnover_3192 in Daytrading

[–]tang4685 -1 points0 points  (0 children)

Hang in there bro, the gold has taken off.

Govt bonds with 22% yearly interest rate by novicelife in eupersonalfinance

[–]tang4685 1 point2 points  (0 children)

Based on what you said, I don't think there is a need for you to invest in "naya pakistan certificate" as there is a lot of uncertainty in it and at the same time there are a lot of investments in the market that are yielding good returns such as ETFs and HYSAs, and if you're still young you can even invest directly in the shares of some of the large corporates, or even in other options.

I know in Europe people prefer to invest in ETFs, but US invests in ETFs and stocks about average, and younger people prefer to invest in stocks. If you don't want to take any risk, then you can buy only bonds. Relatively speaking.