📊 The golden rule of risk and capital management is:
🌟 Never risk more than 1% of your capital on each trade. 📊
👈 That is, never trade with more than 1% of your account balance. Let's say you lose 10 consecutive trades. In this case, if you apply this rule despite 10 consecutive losses, you'll still have 90% of your capital in your account.
🏆 This way, you'll be able to recover your losses through a few profitable trades.
😉 To succeed in your trading, you must manage your portfolio properly.
1️⃣ Wait for the right entry 2️⃣ Set a loss before entering 3️⃣ Accept what the market gives you 4️⃣ Focus on the process, not the profit and loss 5️⃣ Take a break
🔴 Morgan Stanley Investment Bank expects the dollar index to decline by 9% over the next 12 months, falling to 91, its lowest level since the COVID-19 pandemic, amid an expected cut in interest rates and a rise in the strength of competing currencies.
📊 Here are the most important market developments:
• The US Court of Appeals temporarily reinstates Trump's tariffs.
• The US dollar stabilizes temporarily but is headed for a fifth month of decline, as markets await developments in US trade policy and upcoming inflation reports.
• The Japanese yen continued its rise for the second consecutive day, supported by strong buying from low levels.
⚠️ The US Personal Consumption Expenditures (PCE) price index will be released at 3:30 Saudi time. This is one of the Federal Reserve's preferred inflation indicators, and this data will have a strong impact on market movement.
🔴 Gold fell to its lowest level in a week after the US Court of International Trade's decision to overturn President Donald Trump's so-called "Liberation Day" tariffs on countries around the world, boosting investors' risk appetite.
🔴 The US will begin "aggressively" revoking visas for Chinese students, according to US Secretary of State Marco Rubio.
📌 If implemented, this decision will impact a vital resource and an important source of income for American universities and the country's technology industry.
📌 US Department of Commerce data shows that international students, more than half of whom are Indian and Chinese, contributed more than $50 billion to the US economy in 2023.
🔴 Trump Media, the company owned by US President Donald Trump, announced a massive $2.5 billion Bitcoin deal. The news represents a boost for the world's most popular cryptocurrency, which is currently trading at $110,000.
• Trump Media, which operates the social media platform Truth Social and the financial technology brand TruthFi, described the deal as "one of the largest Bitcoin transactions of any public company."
🔴 The US economy is going through a critical period amid fears of the repercussions of a widening budget deficit and the possibility of labor market disruption, in addition to warnings of the economy entering a recession due to strained relations with several major trading partners.
• US President Donald Trump's imposition of large tariffs on major trading partners has caused widespread disruption to the US economy and billions of dollars in losses. However, Trump asserts that the long-term benefits of returning investments to the US outweigh any short-term losses.
• Data from the University of Michigan revealed that 67% of American consumers expect unemployment to rise over the next 12 months, the highest level since 2008.
🔴 Wall Street consolidated early gains and closed higher, with the Dow Jones Industrial Average rising more than 740 points, ending a four-session losing streak, supported by the US President's decision to postpone the imposition of tariffs on the European Union until next July.
🟠 Bitcoin continues to hit record highs, breaking the $110,000 barrier for the first time ever, driven by optimism about progress on legislation aimed at establishing a national framework for stablecoins, a move seen as a positive sign toward a more stable regulatory environment.