Thursda’s calendar
THU: CBRT & SARB Policy Announcements; UK PSNB (Oct), US Initial Jobless Claims (w/e 16th Nov), Philadelphia Fed (Nov), Existing Home Sales (Oct), EZ Consumer Confidence Flash (Nov), Japanese CPI (Oct), Australian Flash PMIs (Nov)
Forte Biosciences – FBRX
Forte Biosciences soars; company says private placement of $53 mln shares oversubscribed
If we had some inside info 😀
** Shares of drug developer Forte Biosciences FBRX rise 132.4% to $13.77
** Company says private placement of its shares, worth $53 mln, oversubscribed
** Funds to support development of company’s experimental drug, FB102, to treat autoimmune diseases – FBRX
** Received support from new and existing investors, including OrbiMed, Janus Henderson Investors and Tybourne Capital Management – CEO Paul Wagner
** Despite session’s gains, stock down 34.2% YTD
Target Corporation – TGT
Target Margins And Inventory Issues Raise Analyst Caution After Weak Q3 Performance
Target took a dive  and is within the biggest losers of the day.
Target Corporation TGT shares are trading lower on Wednesday after it reported weak third-quarter results and slashed FY24 outlook.
The company reported third-quarter adjusted earnings per share of $1.85, missing the street view of $2.30.
For FY24, the company now forecasts adjusted EPS between $8.30 and $8.90, down from the previous guidance of $9.00 to $9.70. The revised FY24 EPS outlook is also below the consensus estimate of $9.55.
NIO Inc.
On the edge of breaking Up ?
Nio’s stock dives as earnings, outlook disappoint despite record deliveries
The U.S.-listed shares of Nio Inc. took a dive in early Wednesday trading, after the China-based battery electric-vehicle maker reported disappointing third-quarter results, as they missed expectations despite record deliveries.
The company (NIO) also provided a revenue outlook for the current quarter that was below Wall Street forecasts, while deliveries were seen rising to another record.
SOLUSD – Solana
Solana (SOL) Price Pattern Points to Brief Dip, $260 Target Next
Sol value could face a setback before its potential rise toward $260. At press time, SOL’s value is $237.88, representing a 15% hike in the last seven days.
While SOL holders would expect the rally to continue, several technical indicators suggest that they might need to wait a little longer.
Solana Uptrend Pulls Back
Nvidia – NVDA
PREVIEW: Nvidia shares ease – results due after the bell
Shares of Nvidia NVDA down 1.4% in afternoon trading ahead of the key AI chipmaker’s quarterly results due after the closing bell
** Analysts expect the co to report a rise in quarterly rev to $33.16 bln vs $18.12 bln in the yr-ago qtr, and EPS of 75c/shr vs 40c a yr ago, according to LSEG
** Analyst recommendations on the stock include 57 “strong buy” or “buy” ratings, six “hold” ratings and no “sell” or “strong sell” ratings, based on LSEG data
** Including the session move, the stock is up 193% for the YTD
OnlineBroker.Fr is the best resource for French language information on the best online trading platforms and crypto exchanges in France.
https://www.onlinebroker.fr
If you are just starting out with forex trading and you are still searching for an online trading platform to go with, then check out the top online trading platforms in review by business 24-7 Forex traders may find daytrading.com a powerful resource. In addition to the broker comparison tables, it also provides insight and strategy on short term, intraday forex trades.
You may find this useful U.K. Investors may find investing.co.uk a useful resource. In addition to the broker comparisons table, the site also provides detailed reviews, bonus information and strategy articles.
Current and potential Scandinavian currency traders will likely enjoy Valutahandel.se , a website about forex trading in Sweden.
Forex Forum & Blog is the place where traders can exchange their Ideas, give Trading Tips and Discuss their Trading Ideas.
Forex Forum & Blog
What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
Forex Forum & Blog
© 2024 Global View