When asked about the next BOJ governor, Fukui said that it is completely is up to the government and the Diet. Experience shows that professionals are the most reluctant to make use of high leverage - and nevertheless it is them who know the market best, making consistent profit out of it… Reasons? No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. Monday, January 14, Trading R o o m.
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This should be a perpetual concern for any trader. After some brief analysis, he decides to trade with, say, units of Out of his initial balance This difference from one trade to another goes unnoticed, however for each trade he takes our trader will go against his own initial trading plan: In our previous example, the trading units remain the same for each trade. Also, a trader who uses increasingly high leverage often relies at times subconsciously on another false myth: I cannot emphasize enough how wrong such an idea can be… The reasons are manifold, and I hope to get back to this point on some future occasion.
For now, let us draw some brief conclusions to this first aspect of our leverage myth. Leverage is an instrument, NOT a magic wand. Leverage does not spare any trader from learning HOW to trade - a bad trader will continue to be a bad trader regardless of a possibly lucky trade made on high leverage that brought him a temporary big profit. Experience shows that professionals are the most reluctant to make use of high leverage - and nevertheless it is them who know the market best, making consistent profit out of it….
Because for them trading is a business, not a gambling activity. They trade for profit, not for thrills. They understand risk, and want to have it under control at all times. They assume responsibility for both their wins and losses. Forex Day Trading Signals Indicator. Trading Tutorials Metatrader 4 Tutorials. Fukui's remarks before a Lower House fiscal and financial panel Friday are the latest to suggest that a rate hike by the central bank in early , something considered a distinct possibility by many last year, won't likely happen.
Toshiro Muto in Sapporo, northern Japan. But the economic recovery cycle is still intact and the economy is expanding as a trend," he said. Housing investment in Japan fell plunged on year for the fifth straight month in November mainly to a change in regulations that had a chilling effect on housing starts. Regarding monetary policy, Fukui said the BOJ doesn't need to change its policy stance in the long run even though downside risks for the U.
Fukui said that uncertainty over the global economy is increasing on the back of continued turmoil in global financial markets triggered by the U. He added that global stock markets remain volatile.
Despite his cautious assessment of the economy, Fukui maintained an optimistic view on the future economy, saying that an economic recovery cycle led by production, income and expenditure is being maintained and the economy will likely continue expanding moderately. While his comments suggest it is too early for market players to forecast rate cuts, speculation among some market players that such a move may take place is growing. Fukui also said Friday that on-year growth in core consumer prices is expected to increase for the time being due to the rise in oil and food prices in the near term.
Japan's core CPI rose 0. The result marked the fastest rise in the CPI since a 1. Fukui said that the BOJ needs to watch how high crude oil prices affect the public's expectations for future prices as well as corporate behavior in setting prices. We need to carefully scrutinize the impact of oil prices," Fukui said. When asked about the next BOJ governor, Fukui said that it is completely is up to the government and the Diet.
The next governor also needs to have a good sense about financial markets," Fukui said. Fukui's current term, as well as two deputy governors, is set to expire on March 19 and his successor needs to be approved by both the Upper and Lower houses of the Diet. Muto, who is the current frontrunner in the race, is seen as someone who would likely maintain the BOJ's current policy stance of gradually raising interest rates in accordance with improvement of the economy and prices.
Branch managers are expected to downgrade their view on the economy on the back of high crude oil prices and weak housing investment. Liebscher said the ECB's interest rate decisions reflected both its mandate to ensure price stability and its assessment that the "basic economic data for the eurozone remain at a healthy level, even if the uncertainty concerning the economy's further development and the risks associated with that is rising.
The ECB is concerned about second-round inflationary effects on the back of sharp hikes in oil prices and "drastic" increases in the costs of food products, Liebscher said.
Liebscher, who serves as the Austrian central bank's governor, said euro zone inflation rates were likely to sink towards 2 pct by the end of , unless there are additional significant price increases associated with energy costs and food products, or with indirect taxes.
According to Liebscher, the US economy will likely experience a soft landing, even if one cannot ignore the "surprisingly bad" labour data most recently published for the country. The Euro hits 1.