[Infographic: Trading the NFP Jobs Report]
The Non-farm payroll (NFP) is one of the most watched economic indicator by traders & investors, as it provides insight into the health of the US labor market.
How do they use the info to make their investment decisions?
Read full post 👉🏻 https://synapsetrading.com/?p=46938
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The Non-farm payroll (NFP) is one of the most watched economic indicator by traders & investors, as it provides insight into the health of the US labor market.
How do they use the info to make their investment decisions?
Read full post 👉🏻 https://synapsetrading.com/?p=46938
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 8 May 2024
📌 Gold Sales Spike in Korean Convenience Stores. Amid economic uncertainty, South Koreans are purchasing small gold bars from vending machines and convenience stores, reflecting a surge in demand for the precious metal.
📌 Chubb CEO Defends Rising Insurance Premiums. Evan Greenberg, CEO of Chubb, defended higher insurance rates due to increasing climate risks, arguing that the industry is pricing risk appropriately.
📌 TikTok Challenges U.S. Ban in Court. TikTok has filed a lawsuit against the U.S. government, arguing that the recent ban infringes on First Amendment rights and unfairly targets the company.
📌 Tesla Sends Top Executive to Boost China Operations. Tom Zhu, Tesla’s ‘Fireman,’ has been sent back to China to address slowing sales and implement new Autopilot features in the market.
📌 Wayve Secures Over $1 Billion for Self-Driving Tech. The AI-driven car startup Wayve has raised substantial funding from major investors like SoftBank and Nvidia to enhance its autonomous vehicle technology.
Sources: CNBC, Bloomberg, WSJ
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Date: 8 May 2024
📌 Gold Sales Spike in Korean Convenience Stores. Amid economic uncertainty, South Koreans are purchasing small gold bars from vending machines and convenience stores, reflecting a surge in demand for the precious metal.
📌 Chubb CEO Defends Rising Insurance Premiums. Evan Greenberg, CEO of Chubb, defended higher insurance rates due to increasing climate risks, arguing that the industry is pricing risk appropriately.
📌 TikTok Challenges U.S. Ban in Court. TikTok has filed a lawsuit against the U.S. government, arguing that the recent ban infringes on First Amendment rights and unfairly targets the company.
📌 Tesla Sends Top Executive to Boost China Operations. Tom Zhu, Tesla’s ‘Fireman,’ has been sent back to China to address slowing sales and implement new Autopilot features in the market.
📌 Wayve Secures Over $1 Billion for Self-Driving Tech. The AI-driven car startup Wayve has raised substantial funding from major investors like SoftBank and Nvidia to enhance its autonomous vehicle technology.
Sources: CNBC, Bloomberg, WSJ
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Do not become over-confident when you win, and do not be too discouraged when you have a losing trade. You cannot have winners without losers. Both are part of the game.
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 9 May 2024
📌 BOJ Open to Early Rate Hikes if Inflation Surges. Bank of Japan Governor Kazuo Ueda expressed willingness to increase interest rates sooner than anticipated if inflation accelerates beyond current projections.
📌 Sweden Initiates Rate Cuts Amid European Easing. The Riksbank, Sweden's central bank, reduced its benchmark rate to 3.75% from 4%, aligning with expectations and marking a shift towards easing monetary policy in Europe.
📌 Intel Adjusts Revenue Expectations Due to Chinese Restrictions. Intel has modified its sales outlook for the quarter, citing lower expectations after China revoked its chip licenses, impacting its operations.
📌 Uber Reports Loss Despite Revenue Growth. Uber disclosed a financial loss, reversing its previously positive earnings, affected by increased investments and legal costs despite an uptick in revenue.
📌 Meta Introduces AI Tools for Marketers. Meta Platforms unveiled new generative AI tools aimed at enhancing advertising capabilities on its platforms, emphasizing its commitment to integrating AI technology for business applications.
Sources: CNBC, Bloomberg, WSJ
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Date: 9 May 2024
📌 BOJ Open to Early Rate Hikes if Inflation Surges. Bank of Japan Governor Kazuo Ueda expressed willingness to increase interest rates sooner than anticipated if inflation accelerates beyond current projections.
📌 Sweden Initiates Rate Cuts Amid European Easing. The Riksbank, Sweden's central bank, reduced its benchmark rate to 3.75% from 4%, aligning with expectations and marking a shift towards easing monetary policy in Europe.
📌 Intel Adjusts Revenue Expectations Due to Chinese Restrictions. Intel has modified its sales outlook for the quarter, citing lower expectations after China revoked its chip licenses, impacting its operations.
📌 Uber Reports Loss Despite Revenue Growth. Uber disclosed a financial loss, reversing its previously positive earnings, affected by increased investments and legal costs despite an uptick in revenue.
📌 Meta Introduces AI Tools for Marketers. Meta Platforms unveiled new generative AI tools aimed at enhancing advertising capabilities on its platforms, emphasizing its commitment to integrating AI technology for business applications.
Sources: CNBC, Bloomberg, WSJ
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[Trading Guide: Complete Guide to Investing & Trading Psychology]
In this detailed guide on investing and trading psychology, you will learn how to master the psychological and mental aspect of trading, to achieve long-term consistency & profitability.
Read more 👉🏻
https://synapsetrading.com/?p=34435
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In this detailed guide on investing and trading psychology, you will learn how to master the psychological and mental aspect of trading, to achieve long-term consistency & profitability.
Read more 👉🏻
https://synapsetrading.com/?p=34435
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 10 May 2024
📌 Hostile Takeover Shocks European Banking Sector. A rare hostile bid emerges in Europe’s banking industry, coming just days after a rejected 12 billion euro offer from BBVA to Sabadell.
📌 Arm's Revenue Forecast Disappoints. Shares of chip designer Arm fall after the company projects 2025 revenues of $3.8-$4.1 billion, slightly below analysts' expectations of $3.99 billion.
📌 Alibaba Enhances AI Model. Alibaba releases a new version of its large language model, surpassing OpenAI's GPT-4 in some areas but underperforming in knowledge and reasoning.
📌 Bank of England Holds Interest Rates. The BOE maintains a rate of 5.25% but hints at potential cuts soon, possibly starting in June.
📌 Corporate America Ramps Up Share Buybacks. Led by Meta and Apple, corporate share repurchases have surged in the first quarter.
Sources: CNBC, Bloomberg, WSJ
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Date: 10 May 2024
📌 Hostile Takeover Shocks European Banking Sector. A rare hostile bid emerges in Europe’s banking industry, coming just days after a rejected 12 billion euro offer from BBVA to Sabadell.
📌 Arm's Revenue Forecast Disappoints. Shares of chip designer Arm fall after the company projects 2025 revenues of $3.8-$4.1 billion, slightly below analysts' expectations of $3.99 billion.
📌 Alibaba Enhances AI Model. Alibaba releases a new version of its large language model, surpassing OpenAI's GPT-4 in some areas but underperforming in knowledge and reasoning.
📌 Bank of England Holds Interest Rates. The BOE maintains a rate of 5.25% but hints at potential cuts soon, possibly starting in June.
📌 Corporate America Ramps Up Share Buybacks. Led by Meta and Apple, corporate share repurchases have surged in the first quarter.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: What are NFTs (Non-Fungible Tokens) and Why are They Worth Millions?]
Just this year so far, about $1.3 billion of NFTs have traded hands, dwarfing the activity last year.
The biggest transaction was an NFT purchased for $69.3m dollars.
Sounds unbelievable? Let’s find out more about this hottest new asset class.
Read more 👉🏻 https://synapsetrading.com/?p=36965
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Just this year so far, about $1.3 billion of NFTs have traded hands, dwarfing the activity last year.
The biggest transaction was an NFT purchased for $69.3m dollars.
Sounds unbelievable? Let’s find out more about this hottest new asset class.
Read more 👉🏻 https://synapsetrading.com/?p=36965
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 11 May 2024
📌 Elon Musk’s X Loses Data Scraping Lawsuit. X's lawsuit against Bright Data over data scraping practices ends in defeat, echoing a similar unsuccessful case by Meta.
📌 WSJ CEO Council in London. The event features discussions with influential figures like Jeff Zucker, the UniCredit Chief, and the U.K. Chancellor on global economic and policy trends.
📌 Alibaba Enhances AI Capabilities. Alibaba's new AI model reportedly surpasses OpenAI's GPT-4 in some areas but lags in knowledge and reasoning.
📌 Canada Prepares for Railroad Strike. The Canadian government seeks a labor board ruling on mandatory rail shipments if rail workers strike.
📌 Corporate America Boosts Buybacks. The first quarter sees a sharp increase in share repurchases, with Meta and Apple leading the way.
Sources: CNBC, Bloomberg, WSJ
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Date: 11 May 2024
📌 Elon Musk’s X Loses Data Scraping Lawsuit. X's lawsuit against Bright Data over data scraping practices ends in defeat, echoing a similar unsuccessful case by Meta.
📌 WSJ CEO Council in London. The event features discussions with influential figures like Jeff Zucker, the UniCredit Chief, and the U.K. Chancellor on global economic and policy trends.
📌 Alibaba Enhances AI Capabilities. Alibaba's new AI model reportedly surpasses OpenAI's GPT-4 in some areas but lags in knowledge and reasoning.
📌 Canada Prepares for Railroad Strike. The Canadian government seeks a labor board ruling on mandatory rail shipments if rail workers strike.
📌 Corporate America Boosts Buybacks. The first quarter sees a sharp increase in share repurchases, with Meta and Apple leading the way.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Reversal Chart Patterns]
Reversal patterns are important because they warn us of major market tops and bottoms, which are very useful for both traders and long-term investors.
Read full guide 👉🏻 https://synapsetrading.com/?p=38946
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Reversal patterns are important because they warn us of major market tops and bottoms, which are very useful for both traders and long-term investors.
Read full guide 👉🏻 https://synapsetrading.com/?p=38946
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 12 May 2024
📌 Upfront TV Sales Amid Economic Watch. As media companies pitch to advertisers in New York, focus sharpens on the Federal Reserve's next moves amid ongoing economic uncertainty.
📌 Tesla's Charging Network Faces Challenges. The electric vehicle industry examines alternatives as Tesla's charging network experiences turmoil.
📌 Apple and OpenAI Close to a Deal for iPhone. Apple nears an agreement to integrate ChatGPT, enhancing its devices with advanced AI features. Discussions also include potential collaboration with Google on Gemini.
📌 Developers Shun Apple’s Payment System Alternative. A federal judge criticizes Apple for the low adoption of its new outside payment system, questioning the company’s execution of antitrust remedies.
📌 Crypto Startups Attract Academic Founders. Venture capital flows back into crypto startups led by professors, with Sahara, CheckSig, and NEBRA gaining recent investments, highlighting the rise of “professor coins.”
Sources: CNBC, Bloomberg, WSJ
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Date: 12 May 2024
📌 Upfront TV Sales Amid Economic Watch. As media companies pitch to advertisers in New York, focus sharpens on the Federal Reserve's next moves amid ongoing economic uncertainty.
📌 Tesla's Charging Network Faces Challenges. The electric vehicle industry examines alternatives as Tesla's charging network experiences turmoil.
📌 Apple and OpenAI Close to a Deal for iPhone. Apple nears an agreement to integrate ChatGPT, enhancing its devices with advanced AI features. Discussions also include potential collaboration with Google on Gemini.
📌 Developers Shun Apple’s Payment System Alternative. A federal judge criticizes Apple for the low adoption of its new outside payment system, questioning the company’s execution of antitrust remedies.
📌 Crypto Startups Attract Academic Founders. Venture capital flows back into crypto startups led by professors, with Sahara, CheckSig, and NEBRA gaining recent investments, highlighting the rise of “professor coins.”
Sources: CNBC, Bloomberg, WSJ
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“Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.”
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 13 May 2024
📌 Bundles Are the Hottest New Show in Streaming. Warner and Disney’s push for bundling makes sense with mergers off the table, but old rivalries will need to be curbed to make deals work..
📌 As Silicon Valley Pivots to Patriotic Capital, China Ties Linger. Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing..
📌 Wealth Managers, Charities Defend Fees From Donor-Advised Funds. “Strange bedfellows” are teaming up to oppose a Treasury Department proposal penalizing certain payments.
📌 As Silicon Valley Pivots to Patriotic Capital, China Ties Linger. Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing...
📌 The Long, Steep Fall of an Online Education Giant. Education-tech company 2U, once worth more than $5 billion, is fighting for its life after a series of missteps in a difficult marketplace..
Sources: CNBC, Bloomberg, WSJ
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Date: 13 May 2024
📌 Bundles Are the Hottest New Show in Streaming. Warner and Disney’s push for bundling makes sense with mergers off the table, but old rivalries will need to be curbed to make deals work..
📌 As Silicon Valley Pivots to Patriotic Capital, China Ties Linger. Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing..
📌 Wealth Managers, Charities Defend Fees From Donor-Advised Funds. “Strange bedfellows” are teaming up to oppose a Treasury Department proposal penalizing certain payments.
📌 As Silicon Valley Pivots to Patriotic Capital, China Ties Linger. Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing...
📌 The Long, Steep Fall of an Online Education Giant. Education-tech company 2U, once worth more than $5 billion, is fighting for its life after a series of missteps in a difficult marketplace..
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: What are Blockchain Forks & How do they Affect Your Trading Platform?]
Have you come across the term "blockchain fork", "hard fork" or "soft fork"?
In this blog post, I will explain exactly what blockchain forks are, the different types of forks, and why it is important for your trading platform and portfolio.
Read more 👉🏻 https://synapsetrading.com/?p=44219
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Have you come across the term "blockchain fork", "hard fork" or "soft fork"?
In this blog post, I will explain exactly what blockchain forks are, the different types of forks, and why it is important for your trading platform and portfolio.
Read more 👉🏻 https://synapsetrading.com/?p=44219
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 14 May 2024
📌 GameStop and AMC Surge as ‘Roaring Kitty’ Returns. The infamous meme trader behind the 2021 trading frenzy posted online, reigniting interest in these stocks.
📌 OpenAI Debuts New AI Model and Desktop ChatGPT. OpenAI introduced a groundbreaking AI model, making significant advances in user accessibility, announced by their tech chief at a recent event.
📌 Apple Close to Integrating ChatGPT with iPhone. Apple is finalizing negotiations to bring OpenAI’s ChatGPT to its devices, indicating a major leap in AI integration for consumer tech.
📌 Markets Optimistic Before Inflation Update. Financial markets show positive movements as investors await crucial U.S. inflation data, speculating on economic outcomes.
📌 BofA Discusses US Intervention in Currency Markets. With global risks mounting, there's speculation about U.S. steps to stabilize the yen, though direct action remains unlikely under current conditions.
Sources: CNBC, Bloomberg, WSJ
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Date: 14 May 2024
📌 GameStop and AMC Surge as ‘Roaring Kitty’ Returns. The infamous meme trader behind the 2021 trading frenzy posted online, reigniting interest in these stocks.
📌 OpenAI Debuts New AI Model and Desktop ChatGPT. OpenAI introduced a groundbreaking AI model, making significant advances in user accessibility, announced by their tech chief at a recent event.
📌 Apple Close to Integrating ChatGPT with iPhone. Apple is finalizing negotiations to bring OpenAI’s ChatGPT to its devices, indicating a major leap in AI integration for consumer tech.
📌 Markets Optimistic Before Inflation Update. Financial markets show positive movements as investors await crucial U.S. inflation data, speculating on economic outcomes.
📌 BofA Discusses US Intervention in Currency Markets. With global risks mounting, there's speculation about U.S. steps to stabilize the yen, though direct action remains unlikely under current conditions.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: What is Cryptocurrency, and is it a Good Investment?]
Many people think that crypto is going to be the biggest innovation of our generation, while many others think is it simply a scam.
In this blog post, I will share all you need to know about crypto, how they work, and whether you should invest in them.
Read more 👉🏻 https://synapsetrading.com/?p=43922
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Many people think that crypto is going to be the biggest innovation of our generation, while many others think is it simply a scam.
In this blog post, I will share all you need to know about crypto, how they work, and whether you should invest in them.
Read more 👉🏻 https://synapsetrading.com/?p=43922
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 15 May 2024
📌 Global Copper Demand Intensifies Amid EV Expansion. The race for copper heats up as the U.S. and China vie for resources crucial for electric vehicles and tech infrastructure, amid a major acquisition.
📌 Google Enhances Search with AI Summaries. In a significant AI push, Google will introduce AI-driven search summaries in the U.S., aiming to transform how users receive information.
📌 Leadership Change at Amazon Web Services. Adam Selipsky steps down as AWS CEO, with Matt Garman set to lead, signaling shifts at Amazon’s key revenue driver amidst the AI tech wave.
📌 Meta Ends Workplace Tool; Partners with Zoom’s Workvivo. Meta phases out its corporate communication platform to focus more on developing AI and metaverse projects, directing users to Zoom’s Workvivo.
📌 YouTube Dominates TV Screen Time in the U.S. Americans are increasingly tuning into YouTube, using almost 10% of their TV time on the platform, showcasing shifts in media consumption.
Sources: CNBC, Bloomberg, WSJ
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Date: 15 May 2024
📌 Global Copper Demand Intensifies Amid EV Expansion. The race for copper heats up as the U.S. and China vie for resources crucial for electric vehicles and tech infrastructure, amid a major acquisition.
📌 Google Enhances Search with AI Summaries. In a significant AI push, Google will introduce AI-driven search summaries in the U.S., aiming to transform how users receive information.
📌 Leadership Change at Amazon Web Services. Adam Selipsky steps down as AWS CEO, with Matt Garman set to lead, signaling shifts at Amazon’s key revenue driver amidst the AI tech wave.
📌 Meta Ends Workplace Tool; Partners with Zoom’s Workvivo. Meta phases out its corporate communication platform to focus more on developing AI and metaverse projects, directing users to Zoom’s Workvivo.
📌 YouTube Dominates TV Screen Time in the U.S. Americans are increasingly tuning into YouTube, using almost 10% of their TV time on the platform, showcasing shifts in media consumption.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Best Investing Tips & Quotes from Warren Buffett]
Warren Edward Buffett is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2019, making him the fourth-wealthiest person in the world.
Read more 👉🏻 https://synapsetrading.com/?p=43491
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Warren Edward Buffett is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2019, making him the fourth-wealthiest person in the world.
Read more 👉🏻 https://synapsetrading.com/?p=43491
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 16 May 2024
📌 Billionaire Frank McCourt Eyes TikTok U.S. Acquisition. Frank McCourt announces plans to bid for TikTok's U.S. operations, emphasizing user data security and platform integrity.
📌 Microsoft Sets Climate Standards for Suppliers. In a push to reduce its environmental impact, Microsoft now requires suppliers to meet specific climate goals to align with its sustainability objectives.
📌 U.S. Inflation Shows Signs of Cooling. Core inflation marks the smallest rise since 2021, boosting market optimism and propelling a stock market rally.
📌 China’s Central Bank Maintains Policy Rates. The People's Bank of China keeps key interest rates unchanged, indicating potential stability in upcoming lending rate decisions.
📌 U.S. Importers Oppose Increased Tariffs on Chinese Products. Retailers and trade groups protest against higher tariffs on goods from China, warning of direct cost impacts on American consumers.
Sources: CNBC, Bloomberg, WSJ
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Date: 16 May 2024
📌 Billionaire Frank McCourt Eyes TikTok U.S. Acquisition. Frank McCourt announces plans to bid for TikTok's U.S. operations, emphasizing user data security and platform integrity.
📌 Microsoft Sets Climate Standards for Suppliers. In a push to reduce its environmental impact, Microsoft now requires suppliers to meet specific climate goals to align with its sustainability objectives.
📌 U.S. Inflation Shows Signs of Cooling. Core inflation marks the smallest rise since 2021, boosting market optimism and propelling a stock market rally.
📌 China’s Central Bank Maintains Policy Rates. The People's Bank of China keeps key interest rates unchanged, indicating potential stability in upcoming lending rate decisions.
📌 U.S. Importers Oppose Increased Tariffs on Chinese Products. Retailers and trade groups protest against higher tariffs on goods from China, warning of direct cost impacts on American consumers.
Sources: CNBC, Bloomberg, WSJ
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Taking responsibility is the first step towards acknowledging what you need to work on. If you are always blaming the markets for your losses, then you will never realise what the real problem is.
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First Live Workshop in 7 Years!
Last week, I re-launched my “Trading Foundation Workshop” for beginners, and it was a great session of learning, helping many new traders take their first trade together.
I will be holding another few sessions:
- 30 May 2024 (Sold out!)
- 11 June 2024 (Filling fast!)
- 09 July 2024
Click here to check availability:
🔥 https://synapsetrading.com/?p=24088
Last week, I re-launched my “Trading Foundation Workshop” for beginners, and it was a great session of learning, helping many new traders take their first trade together.
I will be holding another few sessions:
- 30 May 2024 (Sold out!)
- 11 June 2024 (Filling fast!)
- 09 July 2024
Click here to check availability:
🔥 https://synapsetrading.com/?p=24088