Trading Strategies

 There are many different strategies that
traders can use to achieve profits and manage risks in the financial markets. There is no one approach that suits everyone, and each trader must choose the strategy that matches his goals, personality, and level of experience.

Some of the modern and popular trading strategies are:

Scalping strategy: This is a short-term trading strategy that aims to benefit from small fluctuations in asset prices. Traders who use this strategy open and close many trades in one day, and usually use high leverage and technical indicators to determine entry and exit points. This strategy requires high concentration, discipline, and execution speed. Day trading strategy: This is a trading strategy that involves opening and closing trades on the same day, without leaving any position open overnight. Day traders aim to benefit from the large price movements that occur during the trading session, and usually use technical, fundamental, and news analysis to make their decisions. This strategy requires good knowledge of the markets and effective risk management. Trend trading strategy: This is a trading strategy that relies on identifying the general trend of the market and trading in its direction. Trend traders look for upward or downward trends on the long or medium term, and use technical indicators such as moving averages, MACD, and Elliott waves to confirm the trend and determine support and resistance levels. This strategy requires patience and tolerance for paper losses. Breakout strategy: This is a trading strategy that relies on following the price movement of assets when they exit a specific trading range, which is usually determined by support and resistance levels. The goal of this strategy is to capture the large price movements that often follow such breakouts, and benefit from them by opening buy or sell trades. To apply this strategy, the trader must determine the current trend of the market and the trading range associated with it, then determine the optimal entry point by using technical indicators and chart patterns. The trader must also have a clear exit strategy to exit the trade in case the market does not match the expectations.

Bitcoin

 

Digital currencies are a form of electronic payment that is based on blockchain technology, which is a distributed database that records transactions securely and transparently. Digital currencies use encryption systems to ensure the confidentiality and validity of transactions and prevent forgery and double spending. The most famous digital currency is Bitcoin, which was launched in 2009 by an unknown person or group under the name Satoshi Nakamoto.

Bitcoin mining is the process of creating new units of Bitcoin and adding them to the blockchain. The role of miners is to solve complex mathematical problems using computing power to verify transactions and secure the network. Miners who succeed in solving these problems receive rewards from new Bitcoins and transaction fees.

To participate in Bitcoin mining, miners need to own specialized mining devices, such as graphics processing units (GPU) or application-specific integrated circuits (ASIC), which provide higher computing power than personal computers. Miners also need to connect their devices to the Bitcoin network and run mining software that allows them to communicate with other nodes and obtain the necessary information for mining.

Because Bitcoin mining requires large resources of energy and equipment, many miners decide to join mining pools, which are networks of miners who share computing power and divide rewards among them. This increases the chances of miners to get frequent and low rewards instead of rare and high rewards.

Bitcoin mining is an important activity to maintain the integrity and security of the Bitcoin network and increase the supply of the currency. However, it faces some challenges, such as increasing mining difficulty and decreasing block rewards and its impact on the environment. Therefore, miners should research and plan well before starting Bitcoin mining.

Blockchain technology

 Blockchain technology is a technology for storing and exchanging information in a decentralized, secure, and transparent way. The word blockchain means a chain of blocks, where each block contains a set of information or transactions that occurred in a specific period of time. The blocks are connected by encryption codes called hashes, which ensure that the data is not tampered with or changed after it is created. The data is distributed on a network of computers connected to the internet, called nodes, which verify the information and agree on adding new blocks to the chain.

Blockchain technology became especially popular because of its relationship with digital currencies, such as Bitcoin, which rely on this technology to manage, record, and transfer currencies between users without the need for a central intermediary, such as banks or governments. Blockchain technology provides several advantages for digital currencies, such as speed, low cost, security, privacy, and democracy.

But blockchain technology is not limited to digital currencies only, but extends to many other fields, such as smart contracts, non-fungible tokens, digital identity, tracking and verification, electronic voting, health, education, media, art, and others. Blockchain technology opens new horizons for innovation and digital transformation in these fields, and contributes to solving some of the problems and challenges they face, such as corruption, forgery, lying, monopoly, discrimination, delay, and high cost.

However, blockchain technology is not free of flaws and risks, as there are some challenges that face its application and dissemination, such as the high computational power and the massive electricity consumption that some consensus mechanisms consume, which negatively affect the environment and the economy. There are also some legal, regulatory, and social issues that need solutions and agreements, such as issues of rights, responsibilities, taxes, crimes, penalties, compliance, unification, awareness, and trust.

In conclusion, it can be said that blockchain technology is a revolutionary and futuristic technology, which has huge potential to change the world for the better, if it is used correctly and responsibly and balanced. But it needs more research, development, cooperation, and regulation to achieve the maximum benefit from it and avoid any negatives or risks that may arise from it.

Escalation in the Red Sea jumps oil by 4% and Brent above $80

 Oil prices rose by more than 4 percent on Friday, as the United States and Britain launched strikes against military targets of the Houthis in Yemen, in response to the attacks carried out by the Houthi group on ships in the Red Sea. The US and British strikes are one of the most indicative of the possibility of a wider war between Israel and Hamas in the Middle East since its outbreak in October

Witnesses in Yemen confirmed explosions in parts of the country

US President Joe Biden said the precision strikes are a clear message that the United States and its partners will not stand idly by as individuals are attacked, and that they will not allow “hostile parties to endanger freedom of navigation”

The attacks led by the United States came after Iran seized a tanker carrying Iraqi oil that was on its way to Turkey on Thursday, in response to the US seizure of oil carried by the same tanker last year. The United States condemned Iran’s seizure of the oil tanker

Price movements

Brent crude futures rose $3.11 or 4.03 percent to $80.52 a barrel, while West Texas Intermediate crude rose $3.01 or 4.14 percent to $74.97 by 11:17 GMT

Trading of MBC Group shares… next Monday in the main market with the trading symbol 4072

 

The Saudi Stock Exchange (Tadawul) announced today, Thursday, that the shares of MBC Group will be listed and traded on the main market starting from Monday, January 8, 2024, with the trading symbol 4072 and the international symbol SA15U0CHVK19.

It said that the daily price fluctuation limits will be +/- 30% with the application of fixed limits for price fluctuation at +/- 10%, and these limits will be applied only during the first three days of listing, and starting from the fourth day of trading, the daily price fluctuation limits will be reset to -/+ 10%, and the fixed limits for price fluctuation will be canceled.

The Securities Depository Center Company (Edaa) announced today, Thursday, January 4, 2024, the addition of the securities subscribed to in MBC Group to the center’s accounts for the eligible shareholders. HSBC Saudi Arabia announced, in its capacity as the bookrunner, and HSBC Saudi Arabia and J.P. Morgan Saudi Arabia and Al Ahli Financial Company, in their capacity as financial advisors and managers of the institutional subscription register and underwriters of the initial public offering of MBC Group, the completion of the offering process for the retail tranche.

The company revealed in a statement published on the website of the Saudi Stock Exchange Group on December 21, 2020, the allocation of 9 shares as a minimum for each individual subscriber included in the subscription request.

He explained that the remaining shares will be allocated on a pro rata basis based on the size of each subscriber’s request to the total remaining shares required to be subscribed to, with an allocation ratio of 0.1623% on a pro rata basis.

The subscription period for individual subscribers started on December 14 and ended on December 18, 2023. The retail tranche subscribed to all the shares allocated to this category, amounting to 3.325 million shares, representing 10% of the total shares offered at a price of 25 riyals per share, through the receiving entities.

The number of individuals participating in the subscription was 359.464 thousand subscribers, and the shares offered to individuals were 3.325 million shares, and the offering price was 25 riyals per share.

The retail subscription was covered 17.6 times, and the total value of the individuals’ requests amounted to about 1.46 billion riyals, while 9 shares were allocated as a minimum for each individual.

The institutional subscription was covered 66 times, and the offering collected requests of 54.5 billion riyals after the share price was set at the upper limit of 25 riyals per share.

The company raised 831 million riyals from the offering, which means that the market value of the company at the listing will be 8.3 billion riyals.

Trading Secrets

 

Secrets of successful trading Learning and updating continuously: The trader cannot rely on old or limited information, but must always seek to learn new things and follow the changes and developments in the markets and the economy. He must also learn from his experiences and mistakes and try to improve his performance continuously. Planning and discipline: The trader cannot trade randomly or based on intuition or emotions, but must put a clear and specific plan for each deal he enters, which determines the profit targets, exit points, and stop-loss levels. He must also stick to his plan and not deviate from it because of being influenced by news, rumors, fear, or greed. Risk management: There is no trading without risk, but the trader can limit it by following some rules and techniques, such as diversifying his portfolio and not investing all his capital in one deal, using leverage cautiously and rationally, setting the acceptable loss ratio for each deal, each day, and each month, and not speculating with money that he cannot afford to lose. Analysis and prediction: The trader cannot enter the market without studying and analyzing the assets he wants to trade, and knowing the factors and indicators that affect their price and direction. He must also be able to predict the future movements of the market based on technical, fundamental, and behavioral analysis, and use different tools and strategies to confirm his expectations. A simple explanation of candles and understanding them Candles are graphical symbols used to show the price movement of financial assets in specific time periods, such as the minute, hour, day, or week. The candle consists of a body and a shadow, the body represents the difference between the opening and closing price of the asset in the specified time period, and the shadow represents the maximum and minimum that the price reached in the same period. The candle is ascending if the closing price is higher than the opening price, and the candle is descending if the opposite is true. Different colors are used to distinguish between ascending and descending candles, such as green and red or white and black

Candles give the trader important information about the strength and direction of the market, and help him make the appropriate trading decisions. Candles also form certain patterns that indicate the continuation or reversal of the trend, and are called by different names depending on their shape and meaning, such as head and shoulders, hammer, morning star, evening star, and others. The trader must know these patterns and interpret them correctly to benefit from them in trading

These are some of the basic points about the secrets of trading and a simple explanation of candles and understanding them. I hope they are useful to you. If you want to know more about this topic, you can visit some of the specialized sites in trading

Queen of Denmark Margrethe II announces her abdication

 

Queen Margrethe II of Denmark announced on Sunday that she intends to abdicate the throne to make way for her son, Crown Prince Frederik. The queen’s announcement came during her speech on the occasion of the new year that she intends to relinquish the throne on January 14 next year, which coincides with the fifty-second anniversary of her accession to the throne at the age of thirty-one after the death of her father King Frederick IX

Danish Prime Minister Mette Frederiksen confirmed the decision in a press statement in which she praised the queen (83 years old) and offered “sincere thanks to Her Majesty the Queen for her dedication throughout her life and her tireless efforts for the kingdom

Margrethe, a heavy smoker who is one meter and eighty-two centimeters tall, has always been one of the most popular figures among the masses. She often walked the streets of Copenhagen with almost no escorts and won the admiration of the Danes with her kindness and warmth to others and her talents as a linguist and a fashion designer as well

Margrethe was also an enthusiastic skier and a member of the Danish Air Force Women’s Unit as a princess, and joined judo training courses and underwent endurance tests in the snow, and Margrethe remained steadfast even as she aged

In 2011, when she was seventy, she visited the Danish forces in Afghanistan wearing a one-piece military uniform

As the queen, she used to travel across the country and visit Greenland and the Faroe Islands archipelago - both of which belong to the Kingdom of Denmark and enjoy semi-autonomous rule - regularly, where she found joyful crowds waiting for her everywhere