🚨 AUCTION - AUCTIONUSDT 🚨 Over 3100% - 32X Return in a day.
We couldn't make good money by longing but we made amazing return by shorting with EngineeringRobo AI signals.
Since 2016, I’ve met over 10,000 crypto traders from all around the world. Almost all of them have tried scalping at least once in their trading journey.
Many had good days for a while, making profitable trades for a week, a month, or even six months. Some even went three months without a single losing trade. Amazing right?
But here’s the reality: I can confidently say that 99% of them ended up losing money in futures market —their lifetime PNL remained ALWAYS negative (-).
👉 Why? There are many reasons, but here are the top six mistakes that cost them:
🚨 AUCTION - AUCTIONUSDT 🚨 Over 3100% - 32X Return in a day.
We couldn't make good money by longing but we made amazing return by shorting with EngineeringRobo AI signals.
Since 2016, I’ve met over 10,000 crypto traders from all around the world. Almost all of them have tried scalping at least once in their trading journey.
Many had good days for a while, making profitable trades for a week, a month, or even six months. Some even went three months without a single losing trade. Amazing right?
But here’s the reality: I can confidently say that 99% of them ended up losing money in futures market —their lifetime PNL remained ALWAYS negative (-).
👉 Why? There are many reasons, but here are the top six mistakes that cost them:
The SSE was the first modern stock exchange to open in China, with trading commencing in 1990. It has now grown to become the largest stock exchange in Asia and the third-largest in the world by market capitalization, which stood at RMB 50.6 trillion (US$7.8 trillion) as of September 2021. Stocks (both A-shares and B-shares), bonds, funds, and derivatives are traded on the exchange. The SEE has two trading boards, the Main Board and the Science and Technology Innovation Board, the latter more commonly known as the STAR Market. The Main Board mainly hosts large, well-established Chinese companies and lists both A-shares and B-shares.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
