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Count Your Pips… Not Your Cash Posted: 04 Jan 2021 07:57 AM PST Have you ever wondered how many pips it takes to buy a house? It's crazy how much trading has skewed our perception of money, and how we think in terms of the price of something. In case anyone has forgotten trading terminology over this much-deserved holiday break, a price interest point (pip) is the smallest number in a currency pair in the forex market. Although pips are the smallest (yet most fundamental) unit of measure, the slightest change in them can equate to major wins and losses. So how do we look at the price of a new house or private school for our children in terms of how many pips we need to produce in the stock market to make those specific purchases? The post Count Your Pips… Not Your Cash appeared first on Wealthpress. |
Global Stocks Rally on First Trading Day of 2021 Posted: 04 Jan 2021 06:41 AM PST Global stock markets and U.S. futures advanced this morning for a positive start to 2021 after COVID-19 vaccine hopes pushed Wall Street to year-end highs. Vaccine developments by U.S., European and Chinese drugmakers have overridden concerns about rising COVID-19 infections around the world and battles over economic stimulus in Washington. But how long will that last? In Japan, the Nikkei 225 (a stock market index for the Tokyo Stock Exchange) fell 0.7% to 27,258.38 after Prime Minister Yoshigide Suga said a state of emergency might be called for the Japanese capital and three other prefectures because of rising COVID-19 cases. In today's video, I'll show you which reports could impact this week's trading action… how global markets are assimilating the COVID-19 vaccine rollout… whether U.S. stocks are set to soar again… and three stocks that offer low-risk opportunities both long and short.
P.S. When it comes to making money in the stock market… There's a powerful, little-known secret used by a guy known as Chuck the "Trophy Trader.." And if the system is applied properly, it could give you a chance to trade with near-perfect accuracy! Over the past two decades, Chuck hasn't had a single down year… and in the past two years, he's won 97% of his trades! Imagine what your life would look like if you had the power to predict 9.7 out of 10 trades correctly. Don't pass on this opportunity… Get in on Chuck's Trophy Trades before it's too late! The post Global Stocks Rally on First Trading Day of 2021 appeared first on Wealthpress. |
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