Happy Monday, folks!

Hope you had a chance to breathe this weekend, because the markets sure didn’t 😩

The US payroll report hit last Friday, and while the numbers didn’t surprise too much, the dollar’s still hanging low as investors digest what the Fed might do next. 

Are more rate hikes on the horizon? We’ll see how the week plays out.

In brighter news 👇

Tesla’s bringing their self-driving tech to Europe and China! 

It’s the kind of move that could give their stock a nice bump—if they can navigate the regulations.

And to top it off, in this newsletter we’re diving into one of the toughest pills to swallow in trading: taking a big loss.

If you’ve been there, you know the gut-punch feeling, but it’s often the wake-up call traders need to level up. 

How do you bounce back from it? That’s what separates the pros from the rest.

Let’s dive in and tackle the week ahead 💪 

💲📃 Dollar Remains Low As Investors Hold Breath For US Payroll Report

The dollar is on edge, waiting to see if the Fed will take a bigger bite out of interest rates. With mixed economic signals and a looming jobs report, it's a nail-biting moment for investors.

🚘  Tesla Stock Boosted by Europe and China Self-Driving Rollout

Tesla is finally bringing their Full Self Driving technology to Europe and China! It's a dream come true for Tesla fans, and it might just be the boost their stock needs. Let's see if they can navigate these regulatory hurdles and make this dream a reality.

🤖  Broadcom’s Stock Falls Despite AI Boost

Broadcom's stock took a hit after reporting quarterly results that fell short of expectations, despite strong AI chip sales and VMware bookings. The company's overall revenue forecast was dampened by a one-time tax provision and slowing growth in its semiconductor business.

🏭  Dow Jones, S&P 500 ended lower, Nasdaq Composite Gained Slightly

For the broader market, it's been a mixed bag. The S&P 500 and Dow Jones Industrial Average closed lower, while the Nasdaq went up. Some sectors, like healthcare and industrial, took a hit, while others, like consumer discretionary (thanks to Tesla), managed to stay afloat.

💎🪤 Is This FTSE 250 Growth Stock a Hidden Gem, or a Value Trap?

With shares down 71% in three years, Genus (LSE: GNS) has been flying under the radar. But this FTSE 250 growth stock could be a hidden gem, thanks to its innovative gene-editing technology and potential for long-term growth. However, investors should proceed with caution.

🪫⤵️ Why is Bitcoin Price Going Down?

Bitcoin took a major hit last week, mirroring the broader market's decline. As investors brace for the upcoming jobs report, economic uncertainty and technical indicators are pointing to a potential short-term downturn for Bitcoin.

🏆 Is Ethereum All-Time High Possible in 2024?

While the launch of spot Ether ETFs has drawn attention, it hasn't been enough to propel Ethereum's price to new heights. Some analysts remain optimistic, citing potential catalysts like the U.S. election and Federal Reserve policies. But is it enough?

On-Balance Volume (OBV)

OBV is a running total of trading volume, adjusted based on whether the price closed higher or lower than the previous day.

• If the price closes higher, the day's volume is added to the OBV.
• If the price closes lower, the day's volume is subtracted from the OBV.

What to Look For:

• Confirmation: A rising OBV confirms a rising price trend, indicating strong buying pressure and positive sentiment. A falling OBV confirms a falling price trend, suggesting selling pressure and negative sentiment.
• Divergence: If the price is rising but the OBV is falling, it could warn of a potential trend reversal, as the buying pressure may be weakening.
• Breakouts: A sharp rise in OBV can often precede a price breakout, indicating a surge in buying interest.

Let’s talk about one of the toughest experiences in trading: dealing with a huge loss—the kind that makes your account balance nosedive. 

If you’ve been there, you know the sting. If not, brace yourself, because most successful traders face this at least once.

When that loss hits, it can feel like the universe is playing a cruel joke. 

But that’s when you start asking the tough questions: 

"What went wrong?" 

"How do I make sure this never happens again?"

Blowing up an account isn’t the end, though it sure feels like it.

For many, it’s a turning point, transforming them from a retail trader chasing profits to a professional focused on avoiding losses.

Trust me, watching five figures disappear in hours is enough to make you rethink everything. 

It’s a wake-up call you don’t want to repeat.

The key is how you respond. Use that loss as a springboard to better discipline, smarter risk management, and, ultimately, success. 

Remember, retail traders trade to make profits; professionals trade to avoid losses.

And the next time you’re staring down a big loss, ask yourself:

"Am I ready to trade like a professional?"

That’s where real growth begins.