#Understanding Drawdown

[stockexperttrading]

Drawdown in Forex Trading with FTG

The blog titled "Drawdown in Forex Trading – Understanding and Managing Losses" delves into the concept of drawdown in forex trading, which refers to the decline in a trading account's equity from its peak due to a series of losing trades. The guide emphasizes the importance of effectively managing drawdowns to preserve capital, maintain confidence, and avoid impulsive decisions during challenging market phases. The blog explains the different types of drawdowns, including equity drawdown and maximum drawdown, and provides a simple formula for calculating drawdown percentages. It discusses common causes of drawdowns in forex trading, such as market volatility, unsuitable strategies, overleveraging, poor risk management, and external factors. The psychological impact of drawdowns on traders is highlighted, emphasizing the emotional toll they can take, leading to self-doubt and anxiety. The long-term effects of drawdowns on trading performance are explored, including capital erosion and missed opportunities. Strategies for managing drawdowns are extensively covered, including risk management techniques such as proper position sizing and setting stop-loss orders. Diversification and asset allocation, utilizing trailing stops, revisiting and adjusting trading strategies, and the importance of analyzing historical data are also discussed. The blog emphasizes the psychological aspects of dealing with drawdowns, including maintaining discipline, overcoming fear and greed, and the importance of keeping a trading journal for self-reflection and growth. The conclusion underscores that drawdowns are a natural part of forex trading and can be opportunities for growth rather than failures. It encourages continuous learning, adaptation, and using the support and resources provided by Funded Traders Global to navigate the challenges and successes of forex trading.

[dandelionsresilience]

Good News - June 15-21

Like these weekly compilations? Tip me at $Kaybarr1735! And if you tip me and give me a way to contact you, at the end of the month I'll send you a link to all of the articles I found but didn't use each week!

1. Victory for Same-Sex Marriage in Thailand

“Thailand’s Senate voted 130-4 today to pass a same-sex marriage bill that the lower house had approved by an overwhelming majority in March. This makes Thailand the first country in Southeast Asia, and the second in Asia, to recognize same-sex relationships. […] The Thai Marriage Equality Act […] will come into force 120 days after publication in the Royal Gazette. It will stand as an example of LGBT rights progress across the Asia-Pacific region and the world.”

2. One of world’s rarest cats no longer endangered

“[The Iberian lynx’s] population grew from 62 mature individuals in 2001 to 648 in 2022. While young and mature lynx combined now have an estimated population of more than 2,000, the IUCN reports. The increase is largely thanks to conservation efforts that have focused on increasing the abundance of its main food source - the also endangered wild rabbit, known as European rabbit. Programmes to free hundreds of captive lynxes and restoring scrublands and forests have also played an important role in ensuring the lynx is no longer endangered.”

3. Planning parenthood for incarcerated men

“[M]any incarcerated young men missed [sex-ed] classroom lessons due to truancy or incarceration. Their lack of knowledge about sexual health puts them at a lifelong disadvantage. De La Cruz [a health educator] will guide [incarcerated youths] in lessons about anatomy and pregnancy, birth control and sexually transmitted infections. He also explores healthy relationships and the pitfalls of toxic masculinity. […] Workshops cover healthy relationships, gender and sexuality, and sex trafficking.”

4. Peru puts endemic fog oasis under protection

“Lomas are unique ecosystems relying on marine fog that host rare and endemic plants and animal species. […] The Peruvian government has formally granted conservation status to the 6,449-hectare (16,000-acre) desert oasis site[….] The site, the first of its kind to become protected after more than 15 years of scientific and advocacy efforts, will help scientists understand climatic and marine cycles in the area[, … and] will be protected for future research and exploration for at least three decades.”

5. Religious groups are protecting Pride events — upending the LGBTQ+ vs. faith narrative

“In some cases, de-escalation teams stand as a physical barrier between protesters and event attendees. In other instances, they try to talk with protesters. The goal is generally to keep everyone safe. Leigh was learning that sometimes this didn’t mean acting as security, but doing actual outreach. That might mean making time and space to listen to hate speech. It might mean offering food or water. […] After undergoing Zoom trainings this spring, the members of some 120 faith organizations will fan out across more than 50 Pride events in 16 states to de-escalate the actions of extremist anti-LGBTQ+ hate groups.”

6. 25 years of research shows how to restore damaged rainforest

“For the first time, results from 25 years of work to rehabilitate fire-damaged and heavily logged rainforest are now being presented. The study fills a knowledge gap about the long-term effects of restoration and may become an important guide for future efforts to restore damaged ecosystems.”

7. Audubon and Grassroots Carbon Announce First-of-its-Kind Partnership to Reward Landowners for Improving Habitats for Birds while Building Healthy Soils

“Participating landowners can profit from additional soil carbon storage created through their regenerative land management practices. These practices restore grasslands, improve bird habits, build soil health and drive nature-based soil organic carbon drawdown through the healthy soils of farms and ranches. […] Additionally, regenerative land management practices improve habitats for birds. […] This partnership exemplifies how sustainable practices can drive positive environmental change while providing tangible economic benefits for landowners.”

8. Circular food systems found to dramatically reduce greenhouse gas emissions, require much less agricultural land

“Redesigning the European food system will reduce agricultural land by 44% while dramatically reducing greenhouse gas emissions from agriculture by 70%. This reduction is possible with the current consumption of animal protein. “Moreover, animals are recyclers in the system. They can recycle nutrients from human-inedible parts of the organic waste and by-products in the food system and convert them to valuable animal products," Simon says.”

9. Could Treating Injured Raptors Help Lift a Population? Researchers found the work of rehabbers can have long-lasting benefits

“[“Wildlife professionals”] tend to have a dismissive attitude toward addressing individual animal welfare,” [… but f]or most raptor species, they found, birds released after rehabilitation were about as likely to survive as wild birds. Those released birds can have even broader impacts on the population. Back in the wild, the birds mate and breed, raising hatchlings that grow up to mate and breed, too. When the researchers modeled the effects, they found most species would see at least some population-level benefits from returning raptors to the wild.”

10. Indigenous people in the Amazon are helping to build bridges & save primates

“Working together, the Reconecta Project and the Waimiri-Atroari Indigenous people build bridges that connect the forest canopy over the BR-174 road[….] In the first 10 months of monitoring, eight different species were documented — not only monkeys such as the golden-handed tamarin and the common squirrel monkey (Saimiri sciureus), but also kinkajous (Potos flavus), mouse opossums (Marmosops sp.), and opossums (Didelphis sp.).”

Bonus: A rare maneless zebra was born in the UK

June 8-14 news here | (all credit for images and written material can be found at the source linked; I don’t claim credit for anything but curating.)

[centrally-unplanned]

I wanna get this one out before the election since I think that is going to "cast in stone" some takes when it shouldn't given how much of a coinflip it is; Biden really fumbled the ball in the second half of his presidency. I was very pro-Biden at the beginning, I thought he did a great job. I don't think the stimulus was a huge source of inflation and meanwhile the economy came back roaring; obviously not mainly due to him but he did a good job on renewing Jerome Powell (a Trump appointee!) to the Fed, controlling the Strategic Oil Reserve, and "getting out of the way" on a bunch of issues from trade to Covid policy. His environmental policy around the energy transition was stellar, I approve of CHIPS, etc. And in foreign policy he is never going to get the credit he deserves for ending the Afghanistan debacle, and meanwhile the US response to the Russian invasion of Ukraine was about as good as you could possibly expect it to be out the gate.

He actually proved the haters wrong on his promise to "get things done in Congress" using his expertise - he did in fact get bipartisan bills passed and work with centrists like Manchin to get party bills over the line. It was a solid showing; I thought he was clearly better than Obama & Clinton.

But as time went on the wheels really came off. You can almost see the "ideas" running out, like once they had done the Covid drawdown and BBB/IRA, and the midterms made congress more unfavorable, "what's next?" left a void. There was a bunch of bad "party handout" stuff that is completely at odds with how things work today. Foolish moves like the student debt relief - unpopular, unwise in an inflationary environment, a handout to the wealthy, and dubiously legal - or all the kowtowing to the worst unions in the US that still resulting in declining labor vote share! A lack of follow-through on the bills showed the admin's lack of policy chops; the IRA is severely hampered by the lack of permitting reform for energy projects, but the admin applied virtually no pressure to making that happen because, eh, not their vibe I guess? The huge holes in procurement that Ukraine war exposed has been met with very tepid responses as well, just a sort of "throw money at it" default that has fixed little.

Israel is of course peak inertia. I am a realist, I understand fully that there is no world where the US responds to a terrorist attack on an ally by cutting them off - and I think the Biden admin has had its wins in this category, the amount of aid entering Gaza is certainly higher due to US pressure. But it is just embarrassing how obviously Biden himself treated Netanyahu and co as like, credible partners, when they just aren't? Again, Trump would just happily support them doing w/e no matter how many the killed, it wouldn't be embarrassing for him to watch that happen. For Biden, with his stated goals, it is weakness. He could have easily done better.

And we can't ignore the responsibility to the next generation - it is your job as President to set up your successor for victory. Immigration is a classic policy example of that dropped ball - a fear of seeming "Trump-like" in the face of an unsympathetic electorate and an admin itself not actually committed to massive increases in admitted asylum cases. It would be one thing if it was Biden's hill to die on, but it wasn't; just years of muddle before finally doing in ~2024 what they could have done in ~2021, too late to move the needle on the backlash.

Which leads us to the elephant in the room, as all things must. He did end his nomination in the end, again I don't think he is some awful president. But he took a lot of heavy pressure to get there. And the weirdest thing is...he is the one who scheduled a debate before the convention? That isn't normal! It was very obviously a test, to show he was fit - and he failed it. And then refused to admit it. What if George Clooney didn't aim for his head in the press at the 11th hour? What if Nancy Pelosi didn't bring out the big guns? Would he have not bowed down to reality?

And while I have been quite impressed by Harris's campaign so far, and not having a primary has been an advantage, it has still been very rushed. Orgs take time to emerge, you can't actually just snap your fingers and get 30 interviews booked or a docket of vetted VPs. I think Tim Walz a mistake, personally! Not a big one, but a weak choice when someone like Josh Shapiro is right there and "pivot to the center" is your stated strategy. But it is hard to blame her when she probably threw it together in a few weeks while also doing 20 stump speeches a month and debate prepping and all that! I can't say that specific decision would change, but others would. Hell, time could have helped - her favourables in a ton of categories have slowly been ticking up, if she was the candidate since January things could be different. We will never know of course, but the more distance from Biden the better.

I think in 2023 and 2024 it is in fact very hard to find any solid wins for the Biden administration. I can think of a few but they outnumbered handily by the missteps. And I think that, if Kamala wins, a lot of this is going to be papered over. All the political missteps will be like "eh, who cares! We won, right?" But that is not how effective strategy works. For one, if Kamala wins it is only because Trump is the opponent; a normie Republican would probably have trounced her. But more importantly your strategy should pretty much never be "eh whatever" to maximizing your electoral odds. Every action should either be A: this will keep us winning, or B: this won't but it will make the world a better place and so it is where we are spending our points. Biden has had a lot of "neither option" these past two years; too many, in my opinion, to be considered a good president anymore.

But I will give him decent at least, it is a tough job!

[t-top-apologist]

At the end of the day the average civilian wishes to be catered to like an old money steel baron or perhaps one of those chaps from Downton Abbey. The entirety of modern society has come together to enable this, mass-producing cheap facsimiles of fortunes that should rightly either be built on child labor or perhaps serfdom.

Their lawns, taking up what could otherwise be used to grow crops or serve as "outdoor garage space," exist to ape the wide ranging estates meant for the nobility to chase down a fox while adorned in silly jackets. Their houses sport columns and stupid windows meant to imitate three different classical artforms at the same time because of something called "economies of scale." They even have male-centric social clubs meant for parlour games, discussing sports, and dining with friends, in this case franchised out under such names as "Buffalo Wild Wings."

This aping of the upper class continues to the hire of "artisans" to do relatively simple work deemed too complicated to warrant the time of the average citizen. It's not that the jobs are too taxing for your average person, but rather that the market has crystallized around the desire to live like budget royalty. Therefore they take their wafer-thin computers to artisans (now more commonly called "experts" or "Apple geniuses") for repair and have democratized the position of carriagemen to 22 year old dealership lube techs named Ryan who will turn a 15 minute job into a 30 minute endeavor thanks to frequent vape breaks and a brief brush with what the industry refers to as "a misplaced drain bolt."

The mid-40s project manager and mother of 3 is no less competent when changing oil than her grandfather before her who knew what "Valve Lash" is, but what separates the two is a series of wars in the 1900s that required an entire generation of men to become very familiar with operating and repairing machines better than the Germans and Japanese (an exercise that Chrysler would later abandon in favor of the phrase "if you can't beat em, join em").

This conflict ended with a surge of able-bodied men finding themselves returning to their project management jobs (like their granddaughters after them) but armed with captured German weapons and a comprehensive understanding of tubochargers. Just as a line can be drawn from troop drawdowns to political violence, there's a distinct correlations between GIs returning home and the violence with which Ford Flathead V8s were torn apart by inventive supercharging methods paired with landspeed record attempts.

Give a man a racecar and he'll crash it on the salt flats in a day. Teach a man to repair a racecar and it will sit in the garage of his suburban house for a few years in between complete engine rebuilds required by what can only be described as "vaporized piston rods."

Of course this hotrodder generation created the circumstances we live in today, as the market saw their fast cars cobbled together from old prewar hulks and simply stamped out new ones from factory, faster and more convenient for the next generation than building one from scratch. Now the project manager mother of 3 drives a 4wd barge with climate controlled seats boasting more computing power than the moon mission and an emissions-controlled powertrain with more horsepower than her grandfather's jalopy and her fathers factory muscle car combined. And she doesn't care at all.

Yet Amongst the average civilians there walks a rare breed: people who know how to change their own oil. We the chosen move among you silently, bucking the system, operating outside the cultural helplessness and trading in forbidden knowledge in almost-abandoned forum threads (flame wars over conventional vs synthetic).

While we do have a marked air of superiority about this, I can't say I haven't stooped to imitating the rich myself. I've been known to wear a silly jacket from time to time.

[reasonsforhope]

Sorry, im kinda freaking out beacuse i read on positive news that the un published a paper saying the earth might warm up above 3° degrees if we dont take massive action :(

I thought the predictions were now between 1,5° and 2 ? Sorry for my bad english it's just upsetting

I totally get it. Of course that's upsetting.

As for the predictions, the thing is, there are a bajillion variables in these models - around human action, around different country's actions, and around all of the many, many, many things about the weather and ecosystems that we don't understand.

For scientists, part of their job is modeling and predicting the entire realm of possibility.

You're right that most people/sources don't think warming will get that high anymore. Core predictions are right now mostly between 1.5 and 2.5, with a lot of mainstream predictions saying that if we stay on the current path, we'll likely end up peaking around 2.3 degrees. Which would suck, admittedly! And 3 degrees or a bit more is still within the realm of possibility, which also sucks!

For what it's worth, though, I genuinely think we'll be able to keep warming under 2 degrees. To my research/understanding, right now 3 degrees is possible but a lot less likely - one of the less likely predictions in general, or else a lot more scientists would be saying 3 degrees, and we'd all hear that number all over the place and be scared.

Edit: I did find the UN report that the article was presumably referencing. And yeah, I hate to see it. But again: WE DO NOT KNOW FOR SURE. Iirc the last IEA report said we're on track for 2.3. The exact methodology and models can change a lot about the end result, so it's very common for reports to disagree, and at this point, I do think "over 3 degrees" is an outlier. And that's if we stay on the current track - WHICH IS EXTREMELY UNLIKELY, BECAUSE WE'RE GETTING BETTER AND FIXING MORE THINGS WITH EVERY YEAR

Anyway, here's why it's no longer likely that we'll hit or surpass 3 degrees of warming, and why you can and should still have hope.

Climate change is growing exponentially. We know for a fact now that renewable energy, electric vehicles, costs of renewable energy, etc. are all improving way, way faster than ever before. And they're going to keep doing that. Over the rest of the decade, I genuinely think we're going to make so much more progress, so much faster, than models are currently predicting. Partly because we've only in the past couple years gotten proof that these paths ARE exponential. x, x, x, x, x

It would be super irresponsible of climate scientists and energy watchdogs to be optimistic with their numbers/outcomes. They KNOW how many politicians and oil companies would swoop in the SECOND there were . claims that we'll be fine without doing more, actually. Their job is to always make sure that someone is including the worst case scenarios, and that they don't start giving more optimistic numbers unless they're really, truly, completely confident in those numbers and improved models

The peak temperature we reach is NOT the temperature that we'll be stuck at forever. As we keep putting carbon back into ecosystems and restoring nature, we WILL take more carbon dioxide out of the atmosphere, which WILL let the planet start to cool back down again, as less carbon dioxide is in the air to trap heat, and more of it will go back to escaping into space. This probably won't be immediate after we hit net zero emissions, but if we drawdown enough carbon, it will happen. x, x, x

This article, posted by Positive.News, November 13, 2023

[sustainabilitythoughts]

100 solutions to global warming

This TED talk from 2018 discusses the research and conclusions from Project Drawdown.  Drawdown is when concentrations of CO2 in the atmosphere begin to decline on a year-to-year basis. The Project Drawdown organization has been evaluating a variety of solutions for both reducing CO2 emissions and removing CO2 from the atmosphere.  100 solutions are described in the book that summarizes their research and evaluation.  You really need to watch the video to get a good understanding of their work, but here are a few highlighted quotes from the video. 

“We would want to implement these solutions whether or not global warming was even a problem, because they have cascading benefits to human and planetary well-being.” “When we implement these solutions, we shift the way we do business from a system that is inherently exploitative and extractive to a new normal that is by nature restorative and regenerative. We need to rethink our global goals, to move beyond sustainability towards regeneration, and along the way reverse global warming.”

“What surprised us, honestly, was that eight of the top 20 relate to the food system. The climate impact of food may come as a surprise to many people, but what these results show is that the decisions we make every day about the food we produce, purchase and consume are perhaps the most important contributions every individual can make to reversing global warming.”

“A plant-rich diet is not a vegan or a vegetarian diet, though I applaud any who make those choices.  It's a healthy diet in terms of how much we consume, and particularly how much meat is consumed. Moreover, approximately a third of all food produced is not eaten, and wasted food emits an astounding eight percent of global greenhouse gases.”

“The single most impactful solution, according to this analysis, would be refrigeration management, or properly managing and disposing of hydrofluorocarbons, also known as HFCs, which are used by refrigerators and air conditioners to cool the air.”

“Rooftop solar comes in ranked number 10.”

[topinformationforyou]

Largest Prop Trading Firms in 2024

In the competitive world of financial markets, prop trading firms offer a unique opportunity for traders to access large amounts of capital without risking their own money. These firms fund traders to trade on their behalf, typically in exchange for a share of the profits. As more traders seek ways to scale their operations and increase profitability, the largest prop trading firms have become highly sought after. Among the top firms in 2024, TheTalentedTrader stands out as a rapidly growing leader in the industry. We’ll explore why TheTalentedTrader is considered one of the largest and most successful prop trading firms today and what makes it a top choice for traders worldwide.

What Are Prop Trading Firms?

Proprietary trading firms, or prop trading firms, are companies that provide capital to traders, allowing them to trade on financial markets using the firm's funds. Traders typically go through an evaluation process where they demonstrate their trading skills, consistency, and risk management strategies. Upon passing the evaluation, traders receive a funded account and can trade with larger capital. The firm takes a percentage of the profits in exchange for the capital and resources provided. This allows traders to scale their operations without putting their personal funds at risk.

What Makes the Largest Prop Trading Firms Stand Out?

The largest prop trading firms in 2024 are known for offering substantial funding, high-profit splits, and comprehensive support to their traders. Key factors that set these firms apart include:

1. High Capital Allocation

One of the main advantages of working with the largest prop trading firms is the capital allocation. Traders are typically given large sums of capital to trade, which allows them to take on bigger positions and potentially generate more profits. The Talented Trader offers traders access to substantial funding right from the start, allowing them to scale their trades without using their own capital.

2. Flexible Evaluation Process

The evaluation process is critical when it comes to prop trading firms, and the best firms make this process transparent and achievable. While some firms have strict requirements, The Talented Trader offers a flexible evaluation model that allows traders to select an evaluation plan that aligns with their trading style and goals. Whether you're a conservative trader or prefer to take on more risk, We offers options that work for various trading strategies.

3. Competitive Profit Share

The top prop trading firms offer competitive profit-sharing models, and The Talented Trader is no exception. Traders at TheTalentedTrader can keep up to 80% of the profits, which is a highly attractive offer compared to other firms in the market. This profit split ensures that traders are fairly rewarded for their successful strategies while also incentivizing them to perform consistently.

4. Risk Management and Protection

Risk management is key in trading, and the best prop trading firms offer robust risk management tools to protect both the trader and the firm’s capital. The Talented Trader provides built-in drawdown limits, stop-loss mechanisms, and other safety measures to ensure that traders manage their risk effectively. This helps create a sustainable trading environment where traders can thrive without facing excessive risks.

5. Education and Support

The best prop trading firms understand the importance of education and ongoing support. The Talented Trader stands out with its comprehensive educational resources, including training materials, webinars, and one-on-one coaching. Traders are given the tools they need to continually improve and refine their strategies, leading to long-term success in the Forex and financial markets. Additionally, We offers 24/7 support to help traders with any issues they may encounter.

Why TheTalentedTrader is One of the Largest Prop Trading Firms

As of 2024, TheTalentedTrader is gaining significant traction in the prop trading industry, positioning itself as one of the largest prop trading firms worldwide. The company has made a name for itself by offering flexible funding options, transparent evaluation processes, and high-profit shares. Their dedication to providing robust risk management tools and top-tier educational resources sets them apart from competitors, attracting a large pool of traders looking to scale their operations without using personal capital.

Traders at TheTalentedTrader benefit from a supportive community of traders and a company culture that prioritizes long-term success. As a result, the firm has become a leading player in the prop trading space, making it one of the most attractive options for traders in 2024.

Conclusion

The largest prop trading firms in 2024 are redefining the opportunities available to Forex and financial market traders. We has quickly established itself as one of the best and largest prop trading firms, offering traders generous capital allocations, competitive profit splits, and comprehensive risk management tools. With its flexible evaluation process, robust education programs, and high levels of support, TheTalentedTrader is well-positioned to continue its rise as a leader in the prop trading space.

For traders looking to take their careers to the next level, TheTalentedTrader offers an ideal environment to scale up trading operations and unlock greater earning potential. Whether you're a beginner or an experienced trader, We offers the resources and capital you need to succeed in today’s fast-paced markets.

[starseedfxofficial]

VWAP and Maximum Drawdown: Your Trading Secret Weapons VWAP and Maximum Drawdown: A Trader's Secret Weapons Most traders dream of having a trading strategy that doesn’t just work but feels like magic. Well, the combination of Volume Weighted Average Price (VWAP) and Maximum Drawdown (MDD) isn’t wizardry—it’s just seriously smart trading. Let’s dive into these tools and how they can transform your trading game. What is VWAP and Why Should You Care? Imagine walking into a crowded market, where prices of the same product vary wildly. VWAP helps you cut through the noise by showing the average price a security has traded at, adjusted for volume. It's like finding the perfect price-to-value balance. Key Benefits of VWAP - Pinpoint Entry and Exit Points: VWAP identifies optimal entry and exit levels, ensuring you’re not overpaying or underselling. - Trend Validation: It helps confirm trends by comparing price levels to the VWAP line. - Risk Management: VWAP aids in setting realistic price targets, minimizing emotional decision-making. Unpacking Maximum Drawdown (MDD) Maximum Drawdown is the trading equivalent of asking, “What’s the worst that could happen?” It measures the peak-to-trough decline during a specific period, showing the potential downside of your trading strategy. Why MDD Matters - Risk Assessment: MDD highlights the potential risk in your portfolio. - Psychological Insights: It helps traders understand their risk tolerance. - Performance Metrics: MDD is crucial for evaluating and comparing strategies. Why VWAP and MDD Make the Perfect Duo Combining VWAP and MDD is like having GPS for your trades: VWAP shows the way, while MDD warns of potential hazards. Here’s how they work together: 1. Enhanced Risk Management VWAP offers price clarity, while MDD ensures you don’t bet the farm. By monitoring drawdowns, you can adjust position sizes or set tighter stop-loss levels. 2. Better Strategy Evaluation Pairing VWAP’s real-time insights with MDD’s historical data gives you a comprehensive view of strategy performance. 3. Improved Decision-Making With VWAP, you know where the market is heading. MDD keeps your expectations grounded, preventing overconfidence. Step-by-Step Guide to Using VWAP and MDD 1. Start with VWAP Track the VWAP line on your trading chart to identify value areas. 2. Monitor Maximum Drawdown Evaluate MDD for your portfolio to understand the worst-case scenario. 3. Combine Insights Use VWAP for entries and exits while letting MDD dictate your risk limits. Common Pitfalls (and How to Avoid Them) - Overusing VWAP: Don’t rely solely on VWAP; pair it with other indicators for a well-rounded strategy. - Ignoring MDD: Focusing only on profits without assessing risks can lead to devastating losses. Case Study: The Power of VWAP and MDD Scenario A trader uses VWAP to enter a long position on a stock, believing it’s undervalued. However, by analyzing MDD, they notice the stock’s historical drawdowns exceed their risk tolerance. Outcome By combining these tools, the trader adjusts their position size, resulting in a profitable trade with manageable risk. VWAP and MDD aren’t just tools; they’re game-changers. Together, they offer a balanced approach to trading, ensuring you maximize profits while minimizing risks. Start using them today and watch your trading confidence soar! —————– Image Credits: Cover image at the top is AI-generated Read the full article

[chemanalystdata]

Zinc Prices Trend | Pricing | News | Database | Chart

Zinc, a vital industrial metal, plays a crucial role in a wide range of applications, from galvanizing steel to producing alloys and batteries. As a result, the zinc market remains a focal point for investors, manufacturers, and analysts worldwide. The dynamics of zinc pricing are influenced by a myriad of factors, including supply-demand fundamentals, geopolitical events, and global economic conditions. Over recent years, zinc prices have exhibited significant volatility, driven by shifting production levels, fluctuating demand from key industries, and changes in global trade policies. This volatility has underscored the importance of understanding the key drivers and trends shaping the zinc market.

One of the primary influences on zinc prices is the balance between global supply and demand. Zinc is predominantly used in galvanizing, a process that protects steel from corrosion, which makes it a critical component in construction, automotive, and infrastructure projects. As such, demand for zinc often correlates closely with economic growth and industrial activity. In periods of economic expansion, robust construction activity and increased automobile production tend to drive higher demand for zinc. Conversely, during economic downturns, demand may decline, putting downward pressure on prices. In recent years, the shift towards renewable energy and electric vehicles has also created new avenues of demand for zinc, as it is used in batteries and other green technologies. These emerging trends are expected to sustain long-term growth in zinc consumption, albeit with periodic fluctuations linked to broader economic cycles.

Get Real time Prices for Zinc: https://www.chemanalyst.com/Pricing-data/zinc-1260

On the supply side, zinc production is concentrated in a few key regions, including China, Australia, and Peru, which collectively account for a significant portion of global output. The mining and smelting of zinc are complex processes that are influenced by operational costs, regulatory frameworks, and environmental considerations. In recent years, disruptions in supply chains, labor strikes, and stringent environmental regulations have occasionally curtailed production, leading to supply shortages and price spikes. Additionally, the depletion of high-grade zinc ore reserves in some regions has made extraction more expensive and less efficient, further constraining supply growth. Recycling of zinc from scrap metal has emerged as an important supplementary source of supply, although it is not sufficient to offset the challenges facing primary production.

Another critical factor affecting zinc prices is the role of inventories and stockpiles. The London Metal Exchange (LME) serves as a benchmark for zinc pricing, and its inventory levels are closely monitored by market participants. When inventories are low, prices tend to rise due to perceived scarcity, while high inventory levels often signal an oversupplied market, leading to price declines. In recent years, LME zinc stockpiles have experienced sharp fluctuations, reflecting the dynamic interplay between supply and demand. For instance, periods of strong industrial activity have led to rapid drawdowns in inventories, while slower economic conditions have resulted in stockpile accumulation.

Geopolitical events and macroeconomic trends also play a significant role in shaping zinc prices. Trade tensions, particularly between major economies like the United States and China, can disrupt global supply chains and impact demand for industrial metals, including zinc. Tariffs and trade barriers may alter the flow of zinc and zinc-containing products, creating uncertainties for market participants. Additionally, currency fluctuations, particularly in the US dollar, influence zinc pricing, as the metal is traded internationally in dollars. A stronger dollar typically makes zinc more expensive for buyers using other currencies, potentially dampening demand.

The influence of speculative trading and investment activities in commodities markets cannot be overlooked when analyzing zinc prices. Hedge funds and institutional investors often trade zinc futures contracts on exchanges like the LME, seeking to profit from price movements. These activities can amplify price volatility, especially in response to unexpected news or data releases. While speculative trading adds liquidity to the market, it can also lead to short-term distortions that do not necessarily reflect underlying supply-demand fundamentals.

Technological advancements and sustainability initiatives are shaping the future outlook for zinc. Innovations in mining and smelting technologies are aimed at reducing production costs and minimizing environmental impacts. At the same time, the growing emphasis on sustainability is driving efforts to improve zinc recycling rates and develop more efficient usage practices. Governments and industries worldwide are increasingly prioritizing environmental, social, and governance (ESG) criteria, which could influence zinc production and consumption patterns in the coming years. For example, stricter regulations on carbon emissions may encourage the adoption of greener technologies in zinc smelting, potentially altering cost structures and supply dynamics.

Looking ahead, the zinc market faces both opportunities and challenges. The ongoing global transition towards decarbonization and electrification presents a significant growth driver for zinc demand, particularly in applications like battery production and renewable energy infrastructure. However, the market must also contend with potential headwinds, such as economic uncertainty, geopolitical risks, and the possibility of supply disruptions. Analysts expect zinc prices to remain volatile in the near term, reflecting the complex interplay of these factors. Long-term price trends will likely hinge on the pace of economic recovery, technological advancements, and the industry’s ability to address sustainability concerns.

In conclusion, the zinc market is characterized by a dynamic and multifaceted landscape, where prices are influenced by a combination of supply-demand fundamentals, macroeconomic conditions, and industry-specific trends. For stakeholders in the zinc industry, staying informed about these developments is essential to navigating the challenges and capitalizing on the opportunities that lie ahead. As the world continues to evolve, zinc will remain a cornerstone of industrial progress, its value shaped by the ever-changing forces of the global marketplace.

Get Real time Prices for Zinc: https://www.chemanalyst.com/Pricing-data/zinc-1260

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[marblery]

How to Become a Funded Trader

Becoming a funded trader involves a mix of skill development, strategy formulation, and typically, passing a firm's evaluation program. Most reputable proprietary trading firms offer a clear pathway for traders to qualify for funding. Here's a general guide on how to embark on this journey.

First, it's crucial to have a solid understanding of the markets and the instruments you'll be trading. Whether it's forex, stocks, futures, or cryptocurrencies, knowing the nuances of your chosen market forms the bedrock of successful trading.

Next, develop a robust trading strategy tradeday consistency rule. This strategy should include clear entry and exit criteria, risk management rules, and a methodical approach to analyzing market trends. Many firms prefer traders with well-defined strategies because they indicate a disciplined approach to trading.

After honing your strategy, the next step is to apply to a funding program. These programs often start with a demo or evaluation stage, where you're required to prove your trading prowess within specific guidelines. Meeting profit targets while adhering to drawdown limits is vital to pass the evaluation phase.

Upon successful completion, you'll transition to managing real capital. Remember, the key to staying funded is consistent performance and risk management. These programs not only test your trading skills but also your emotional resilience and capacity to adapt under pressure.

[wigilham]

How do I pass the Forex prop firm challenge phases?

Passing the Forex prop firm challenge phases requires strategy, discipline, and a clear understanding of the requirements set by the firm. Here's a comprehensive guide to help you succeed:

1. Understand the Rules and Objectives

Profit Targets: Know the percentage you need to achieve in Phase 1 and Phase 2.

Daily Drawdown: Understand the maximum amount you can lose in a single day.

Overall Drawdown: Keep track of the total loss limit for the challenge.

Trading Period: Be aware of the time frame for each phase and plan accordingly.

2. Develop a Solid Trading Plan

Define your risk-reward ratio for every trade.

Stick to a specific trading strategy you’ve tested (e.g., scalping, day trading, swing trading).

Avoid overtrading by setting a daily trade limit.

3. Use Proper Risk Management

Risk only 1-2% of your account per trade to stay within drawdown limits.

Avoid revenge trading—stick to your plan even after a loss.

Set stop-loss and take-profit levels for every trade.

4. Trade During Optimal Hours

Focus on high-volume trading sessions (e.g., London or New York sessions).

Avoid trading during low-liquidity periods or major news releases unless your strategy is designed for volatility.

5. Keep Emotions in Check

Stay calm and focused even if trades go against you.

Take breaks to avoid emotional decisions after consecutive losses or wins.

6. Leverage Technology

Use tools like signal copiers or expert advisors (EAs) designed for prop firm challenges.

Backtest your strategies using historical data.

Consider using trade journals to analyze your performance and identify areas for improvement.

7. Avoid Common Mistakes

Don’t overleverage to achieve profit targets quickly—it increases the risk of hitting drawdown limits.

Avoid trading too many instruments; specialize in a few that you understand well.

8. Simulate the Challenge

Practice on a demo account with rules similar to the prop firm's challenge to test your readiness.

9. Stay Updated

Monitor market news and economic events that can impact your trades.

Be flexible and adjust your strategy as needed based on market conditions.

10. Reassess and Adapt

Review your trades daily to identify mistakes and successes.

Continuously refine your strategy to align with the challenge requirements.

Passing the prop firm challenge is a test of skill and discipline. Stay consistent, and don't rush the process. Remember, the goal is not just to pass but to prove you can trade profitably in a real account environment.

[zedplusau]

Home Construction Loan: Expert Guidance from ZedPlus

Building your dream home is an exciting journey, but it requires careful financial planning to ensure success. A Home Construction Loan can be a practical solution to fund your project. With ZedPlus, you receive expert advice tailored to your unique financial situation, helping you navigate the complexities of construction loans and make informed decisions.

Understanding Home Construction Loans

Home construction loans differ from traditional mortgages. Instead of financing an existing property, they provide funding in stages as the construction progresses. These stages may include land purchase, foundation laying, framing, and final completion. This staged approach ensures you pay interest only on the funds drawn, offering flexibility and efficiency throughout the building process.

However, the variety of loan options and terms can be overwhelming. This is where ZedPlus steps in. As experienced advisors, we guide you through the entire process, from understanding loan structures to identifying lenders offering competitive rates and terms.

Benefits of a Construction Loan

Customized Drawdowns: Funds are released as needed, reducing interest costs.

Flexible Repayment Terms: Tailored repayment options that suit your financial capacity.

Interest-Only Payments: During construction, you typically pay interest only on the disbursed amount.

Potential Tax Benefits: Depending on your circumstances, construction loans may offer tax advantages.

ZedPlus helps you evaluate these benefits in the context of your financial goals, ensuring that the loan structure aligns perfectly with your needs.

Key Considerations When Choosing a Loan

When selecting a home construction loan, it’s essential to evaluate:

Loan Terms and Interest Rates: Understanding fixed, variable, or split-rate options.

Loan-to-Value Ratio (LVR): Assessing the lender’s requirements and your equity contribution.

Construction Timeline: Ensuring your loan aligns with your project schedule.

Additional Costs: Factoring in fees such as inspections, valuation, and administration.

At ZedPlus, we assist in analyzing these factors, offering insights that empower you to choose the best loan for your project.

Why Choose Expert Guidance?

Navigating construction loans without adequate knowledge can lead to costly mistakes. ZedPlus provides professional advice based on your specific circumstances, helping you:

Avoid common pitfalls.

Understand eligibility requirements.

Maximize savings through smart financial planning.

Our commitment is to support you in achieving your home-building goals with confidence and clarity.

Plan Your Dream Home with ZedPlus

Embarking on the journey of constructing your home is a significant milestone. With the right financial advice, you can make the process smoother and more rewarding. Visit Home Construction Loan for valuable resources and insights.

Let ZedPlus be your trusted partner in turning your vision into reality.

[ppoo007007]

The Role of Mortgage Brokers in Securing Construction Loans

Securing a construction loan for a new development or renovation project can be a complex process. From assessing the borrower’s financial situation to navigating the specific terms and conditions that come with such loans, the path to approval can be overwhelming without the right guidance. This is where mortgage brokers Sydney step in, offering their expertise to simplify the loan process and increase your chances of approval. Whether you’re a developer looking to build commercial property or a homeowner planning a renovation, the best mortgage brokers in Sydney can tailor construction loan options to meet your specific needs. They understand the complexities involved in construction finance, making them invaluable partners throughout the process. How Mortgage Brokers Sydney Help Secure Construction LoansExpertise in Construction Loans Mortgage brokers Sydney specialize in all types of loans, including construction loans. These types of loans are unique compared to standard home loans or commercial property loans. Construction loans typically operate on a progressive drawdown basis, meaning the funds are released in stages as the construction progresses. Navigating this structure requires in-depth knowledge, as lenders evaluate not just the borrower’s financial status but also the feasibility and costs of the construction project. The best mortgage brokers in Sydney have the expertise to present your loan application in a way that appeals to lenders, ensuring that all aspects of your project and financial situation are well-documented. Access to Multiple Lenders One of the significant advantages of working with mortgage brokers Sydney is their extensive network of lenders. Each lender offers different construction loan products with varying terms, fees, and interest rates. The ability to compare multiple loan options is essential when dealing with construction finance because some lenders may specialize in certain types of projects, like residential construction or commercial property loans. A mortgage broker can save you the time and hassle of researching different loan products by sourcing the best options that align with your project’s needs. With their knowledge and connections, they can negotiate better terms and rates on your behalf, ensuring you secure the most favorable loan for your construction project. Tailored Loan Solutions Each construction project is unique, whether it’s a single-family home or a large commercial development. A one-size-fits-all approach simply doesn’t work when it comes to construction loans. The best mortgage brokers in Sydney take the time to understand the specifics of your project—its budget, timeline, and the type of property involved. Based on this, they tailor loan options to ensure the finance solution matches the project's scope and your financial capacity. This customized approach ensures that the loan structure meets your needs at every stage of the construction process, reducing the likelihood of financial shortfalls or delays.

Simplifying the Loan Process Applying for a construction loan can be more complex than applying for standard home loans or commercial property loans. With so many steps involved, from project planning to the final drawdown of funds, borrowers often find the process time-consuming and stressful. Mortgage brokers Sydney simplify this process by handling much of the legwork. They ensure all necessary documentation is submitted accurately and on time. They also liaise with lenders and communicate the progress of your application, keeping you informed at every stage. By partnering with the best mortgage brokers in Sydney, you can reduce the stress associated with securing a construction loan, knowing that you have an expert working on your behalf. Maximizing Loan Approval Chances Securing a construction loan requires more than just meeting the lender’s financial requirements. Lenders also evaluate the scope of your project, the reliability of your builder, and whether the proposed costs align with current market conditions. With their industry knowledge and expertise, mortgage brokers Sydney help position your loan application for approval. They can advise you on the type of information to include in your application, ensuring that your project appears viable and the costs are reasonable. In doing so, they maximize your chances of receiving approval and obtaining the funds you need to bring your construction project to life. Conclusion Securing a construction loan can be a complicated process, but mortgage brokers Sydney make it simpler and more accessible. With their expertise in construction finance, access to multiple lenders, and tailored loan solutions, brokers play a crucial role in ensuring you find the right loan for your construction project. By working with the best mortgage brokers in Sydney, you can reduce the stress and uncertainty of the loan application process and maximize your chances of success. If you’re ready to secure a construction loan for your project, Efficient Capital is here to help. Reach out to us today for expert advice and tailored solutions that meet your construction finance needs.

[loaneasyhome]

Construction Loans for Knockdown and Home Rebuilding

Starting fresh is often the best option for homeowners facing structural issues, outdated designs, or needing more space. A knockdown and rebuild can be ideal, but financing may be complex. Here’s a guide to help you understand how to finance your rebuilding project with construction home loans in Melbourne.

What is a Knockdown and rebuild? A knockdown is the process of demolishing an existing structure to make way for new construction. Homeowners may choose this option when their current home no longer meets their needs, allowing them to create a space that better aligns with their lifestyle.

A rebuild involves constructing a new home on the site of a demolished structure. This process lets homeowners design a space tailored to their specifications, featuring modern amenities and energy efficiency, while allowing them to remain in a familiar location. Construction Loan Process Building your dream home is an exciting journey, and securing the right construction loan is crucial. A construction home loan expert can provide insights into your specific situation. Here’s a guide to the application process and key considerations with construction home loans in Melbourne.

Application Process: To secure a construction loan, consult a construction home loan expert who can assess your eligibility of getting a construction home loan in Melbourne. They will evaluate your financial situation, including income, credit history, and the projected value of your project.

Valuation and Documentation: Lenders may require a property valuation to assess its current and projected value after construction. You'll need to submit documentation like building plans, builder contracts, and necessary permits.

Loan Approval: If approved, the lender will provide a loan offer outlining the terms, including the loan amount, interest rate, repayment period, and any fees related to construction home loans. Loan Drawdown: Unlike traditional home loans, construction loans are disbursed in stages, called progress payments, at specific milestones—typically five stages.

Interest Payments: During construction, you'll usually make interest-only repayments on drawn funds, keeping monthly payments lower. The interest rate may be variable or fixed, depending on your lender's terms. Inspections and Certifications: Before each progress payment, lenders require inspections to ensure the work meets agreed-upon plans. Once completed satisfactorily, funds are released for the next stage. Can You Rebuild with an Existing Mortgage? Yes, you can pursue a knockdown rebuild with an existing mortgage. Review your current mortgage for any restrictions regarding property modifications. Consult a construction home loan expert for guidance and explore options like refinancing or modifying your loan for the new construction.

A knockdown and rebuild project allows homeowners to create a tailored living space. While financing can be complex, a construction home loan expert can assist you in securing construction home loans in Melbourne. Staying informed throughout the process is key to successfully transitioning to your dream home.

[duncan543776]

Financial Planning After Retirement

Actually, the best investments for expats in Singapore points out that retirement planning now becomes a priority for most people by their late forties, even if they plan retiring early in their 50s. In this critical phase of life, everything decided upon at present influences future financial security. Therefore, professionals must plan very carefully and remain economically stable to achieve a life free in the later years of their lives. If you plan to retire early during the 50s, read ahead and explore some of the essential financial planning steps that would guide you to retire. 

Objectives are important

Begin this financial planning by visualizing your retirement. What would you want your life to be like in retirement? Are there any hobbies, traveling or significant occurrences with friends and family? Your goals for your finances will guide your choices.

Evaluate your present situation

Look at where you are today. Think about your current financial state. Calculate your net worth: that is what you own, typically investments, property, and savings. Now, also consider your liabilities - for example, debt.

Review all sources of income, including returns from investment and pensions. Now, add them all together, and then meet a financial planner who will give you a cash flow analysis you can review each year. From then, you will be able to understand your financial situation better. Such comprehension will enable you to position and realign the finances with the goals. Build pension pots

In the professional life, you might have worked for different companies or even countries and gathered various pension pots. It is very important, therefore, to gather information about all these different pensions.

This consolidation of pensions will allow you to track and monitor them more effectively. Consult an expert that specializes in financial advice for British expats to discuss whether it would be beneficial to consolidate all your pensions into one scheme. It is worth considering this because it will give you better control over the money allocated for your retirement. Identify your retirement income options

You will find you need professional guidance in determining how you can access your pensions. The options include one or both of the following: income drawdown, or annuities. Boost your occupational contributions

It is even better to boost your pension contributions when you're still working. You take advantage of tax benefits and employer matches. The contribution you make today will be what funds your income after retirement.

Make a decision on where you want to retire

There is the ability to retire abroad, downsize or live closer to family. However, all of these decisions will come with a financial cost as selling or buying a house is indeed a very life-changing event.