BREAKING: The US and European Union have reached a trade deal and release a joint statement outlining terms:
Tariffs:
1. US to impose 15% tariffs on most EU imports
2. US to lower auto tariffs once the EU passes matching tariff-cut legislation
3. From Sept 1, US will apply only MFN tariffs on EU aircraft/parts, generics, chemical precursors, and scarce natural resources
4. EU to eliminate tariffs on all US industrial goods and grant preferential access for US seafood/agriculture
Energy & Tech Purchases:
1. EU to buy $750B in US LNG, oil, and nuclear products
2. EU to purchase at least $40B in US AI chips
Investment & Cooperation:
1. EU firms to invest $600B in US strategic sectors by 2028
2. Both sides to negotiate rules of origin to ensure benefits remain bilateral
3. Exploring cooperation on steel and aluminum market protections
4. Joint commitment to tackle digital trade barriers; EU pledges not to adopt network usage fees
5. Considering measures for secure supply chains, including tariff-rate quota solutions
High expectations are probably the biggest killer of your trading career.
Trading Twitter is probably the cause of those expectations.
Set realistic expectations and outcomes.
3-5R a week is my new goal.
But flaw that's so low I need 20R.
3R x 1% a week = 3%
If you can manage to do this every week in the month you would of totaled 12% gain.
Now put that on 100K 200K 300K funded account.
I know what else you going to say but you will loose yes of course but thats not the point in this.
Average 3R consistently mediocre win rate you looses won't matter.
Stop trying hit home runs everytime.