Cut losses when your stop loss is triggered to keep them small.
This will solve 80% of your trading problems and stress.
Every trading strategy will eventually fail if you don’t do this.
Today, we honor and remember the men and women of the U.S. Armed Forces who made the ultimate sacrifice in service to our nation.
Who are you remembering today?
𝗚𝗢𝗟𝗗𝗘𝗡 𝗧𝗘𝗠𝗣𝗢 comes off the pace to win the 152nd @KentuckyDerby ! 🌹🏇
Jockey @jose93_ortiz scores a KY Derby & Oaks riding double.
Trainer @reredevaux becomes the 1st female trainer to saddle a Derby winner.
#TwinSpiresReplay
Trading is simple in theory:
1. Wait
2. Signal
3. Position Size Right
3. Entry/ Set Stop Loss, Trailing Stop, Profit Target
4. Exit the first one that triggers
5. Repeat
It’s ego and emotions that make this so complicated
Vehicle repossessions jumped to the highest level in 15 years:
About 1.73M vehicles were seized by lenders in 2024—up 16% year-over-year and an increase of 43% against 2022.
The primary reasons?
1) When pandemic-era relief programs ended, and inflation jumped—borrowers began struggling
2) Subprime delinquencies are near-historic highs
3) And auto loan rates remain elevated
Big picture: Americans are having trouble staying on top of their monthly bills. Plain and simple.
(Data source: Cox Automotive)
BREAKING: As Wall Street trading desks monitor the emerging Iran-Israel conflict following the bombing of the embassy in Syria, here's what they're hearing from contacts in the White House: The likelihood is that Iran counter-strikes imminently, but not at major population centers. The Israeli response still could be "devastating" to Iran, whatever that means, and that could take the conflict to whole new level. It would, of course, also heighten the economic impact: Massive spikes in oil prices, interest rates etc., ending any chance of Fed rate cuts, and put Joe Biden's presidency in jeopardy. Story developing
According to @USCBO, we've now passed a grim and once-unimaginable milestone: federal interest payments now exceed defense spending. My latest @Forbes: https://t.co/lUOV1Lcl6m