It's Jackson Hole week!

Yes, this location will be center stage for the market-moving policies that will make or break your portfolios.

The Federal Reserve's next move is sure to be a total gamble for your money. 

Will they raise interest rates or lower them?

 Well, we don't know yet.

We've got to wait till Friday and see, while doing all we can to stay ahead of the game. 

Want the inside scoop?

Stay tuned as we now explore the top 7 trending news stories that are moving the markets.

🕳️ Investors Watch Keenly as Jackson Hole Symposium Holds This Week

Central bankers gather at Jackson Hole this Friday. What will they reveal about interest rates, inflation, and the economy? Stay tuned for market-moving insights.

♟️🏦 The Fed's Next Move is Anyone's Guess; Your Money is Involved

Traders await signals as US Federal Reserve Chair Jerome Powell confirms whether  interest-rate cuts are coming or not. See the debate brewing on the outcome.

💱 Yen Jumps, Dollar Declines As Traders Anticipate Powell’s Speech

The dollar's direction is uncertain as markets await FOMC minutes and Powell's upcoming speech. Will the Fed provide clarity or fuel volatility?

🇪🇺  European Markets on The Edge After Last Week Rally

Fresh earnings reports and economic data have put the European market in new territory. See what is in store for the new trading week.

🧱 Asian Markets Waits While Wall Street Record New Highs

Asian markets hesitate after Wall Street's best week. What's next for global markets?

🤖 3 Stocks For The AI Age

These AI-driven stocks are poised for explosive growth. Don't miss out on these 3 game-changers.

🐶 Bitcoin Dogs Set to Ignite Bitcoin Bull Run

Bitcoin Dogs is attracting considerable attention from investors and enthusiasts alike. Can it make a significant impact on the market?

Parabolic SAR

The Parabolic SAR appears as a series of dots on your chart.

• Uptrend: Dots trail below the price, acting as a dynamic support level.
• Downtrend: Dots hover above the price, acting as a dynamic resistance level.

These dots shift position as the trend progresses, creating a parabolic curve that "stops and reverses" when the trend changes.

What to Look For:

• Trend Direction: The position of the dots tells you the trend's direction. Dots below the price indicate an uptrend, while dots above suggest a downtrend.
• Entry/Exit Signals: A dot changing from below to above the price is a potential sell signal, while a dot changing from above to below is a potential buy signal.
• Trailing Stop: The Parabolic SAR can also be used as a trailing stop-loss, helping you lock in profits and protect against losses.

Are you a day trader? 

If so, you're likely familiar with the rollercoaster of emotions that comes with it!

It's one of the toughest challenges because it’s not an exact science.

Beyond learning patterns and terminology, the real beast to tame is your emotions.

When I started day trading, I was hooked. I devoured courses, books, and videos thinking I was ready. Boy, was I? 

But knowledge alone wasn’t enough. 

I started strong, making small profits, but red days would shake my confidence. 

In desperation, I made impulsive trades and ended up blowing my account. 

Painful, but invaluable lessons.

Experience taught me not to 'revenge trade' or chase losses. 

I learned to understand trading psychology and the true value of money in trading. 

Money is a tool, not a treasure.

Detach from it emotionally and only invest what you can afford to lose.

Be mindful of your investment. 

Don’t throw in your life savings after a month of studying. Fear of losing money leads to poor trading decisions. 

Treat money in your trading account as just another tool, just what it is, literally!

So here are my closing thoughts;

• Focus on the quality of trades, not daily profits.
• Build gradually. It’s easier to add to a good position than recover from a bad one.
• Be honest about what affects your emotions. Does the P&L distract you? Are your positions too large?

Identify your emotional triggers, be honest, and with persistence, you'll maintain the right mindset.

Happy trading!