Kathy Lien
BK Asset Management
In this Ultimate Guide to Stop Loss Placement: Strategies to Improve Your Trading Success, I talk about different ways to place your initial and trailing stops. Stop loss placement is one of the most crucial aspects of successful trading. Using the right stop loss techniques ensure that you not only protect your capital but use stops to help you make money.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD rallies to vault over 1.1100 on tepid Monday
EUR/USD rose on a tide of Greenback shorting pressure on Monday, with bids getting lifted back above the 1.1100 price handle that flummoxed intraday action to cap off last week. Risk-on market sentiment has kicked off the new week firmly in control.
GBP/USD rallies on Fed rate cut bets
GBP/USD clipped into the high end on a quiet Monday, kicking off the new trading week with a fresh bullish bid back over the 1.3200 handle. Investor sentiment is holding steady on the high side as markets gear up for a hefty central bank showing this week, with a widely anticipated Fed rate cut and another showing from the Bank of England.
USD/JPY remains on the defensive below 141.00 as bets firm on jumbo Fed rate cut
The USD/JPY pair recovers some lost ground near 140.80, snapping the five-day losing streak during the early Asian session on Tuesday. However, the upside of the pair might be limited amid the growing expectation that the US Federal Reserve will start its easing cycle at the September meeting.
Editors’ Picks
AUD/USD consolidates around mid-0.6700s amid cautious mood ahead of FOMC meeting
AUD/USD consolidates the overnight strong gains and oscillates around mid-0.6700s, as traders move to the sidelines ahead of a two-day FOMC meeting starting this Tuesday. Heading into the central bank event risk, the USD languishes near the 2024 low amid bets for an oversized rate cut by the Fed.
USD/JPY remains on the defensive below 141.00 as bets firm on jumbo Fed rate cut
The USD/JPY pair recovers some lost ground near 140.80, snapping the five-day losing streak during the early Asian session on Tuesday. However, the upside of the pair might be limited amid the growing expectation that the US Federal Reserve will start its easing cycle at the September meeting.
Gold price consolidates near all-time peak, looks to Fed before the next leg up
Gold price is seen oscillating in a narrow trading band during the Asian session on Tuesday and consolidating its recent gains to a fresh all-time peak, around the $2,589-2,590 region touched the previous day.
MicroStrategy plans to buy additional Bitcoin following $700 million convertible notes sale
MicroStrategy plans to increase its Bitcoin holdings after announcing a $700 million convertible senior notes offering on Monday. The announcement follows its $1.11 billion Bitcoin purchase.
Five Fundamentals for the week: Fed overtowers pivotal week for Gold, stocks and the US Dollar Premium
The Fed's first rate cut stands out as economic uncertainty mounts. US Retail Sales and Jobless Claims are of high interest. Rate decisions by central banks in the UK and Japan are also pivotal.
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