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Here to explain why the stock market is crashing and why you should be concerned as a trader

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In the last press conference of the Fomc Jerome said they're trying to achieve a "soft-ish landing". In my opinion according to my research a soft-ish landing means artificially crashing the market (as we are seeing now) so that when the actual depression kicks in it won't come as much of a surprise therefore the market will not tumble any lower than how low it should go.Think of it as a goat poisoning itself right before its slaughtered.  "I'm a Forex trader. I trade currencies & Gold, how is this article relevant to me?" Simply put, an economy isn't an economy without goods & services. Therefore, companies provide these goods and services thus making up the stock market and a country's economy is controlled by supply and demand for goods & services and the medium of exchange is a country's currency thus a stock market especially the US stock market has a direct influence on the exchange rate not just of the dollar bu...
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Central Banks

Definition: A country's main bank. The Central Bank holds a country's banking system by providing the currency of the country, notes & coins, and serves as a lender of last resort to the Commercial Banks.  The Central Bank is incharge of a country's monetary policy. This means to maintain Price stability by controlling inflation, ensuring steady GDP growth and achieve full employment in the economy. The Central Bank is independent from a country's government/regime and thus its operations are uninfluenced by the political climate/scene.  Examples: Fed - the Federal Reserve, Central Bank of the United States ECB - European Central Bank, Central Bank of the European Union  BoE - Bank of England, Great Britain's Central Bank BoC - Bank of Canada RBA - Reserve Bank of Australia and others How a Central Bank Influences an economy a) Macroeconomic goals - Large scale /Long term goals that include maintaining price stability & steady GDP growth.  b) Microeconomic g...
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Critical Thinking

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Often it is considered to be doubting yourself and your own thoughts when you start to question an idea or a solution you might have but I tend to disagree.  Many atimes while going on with my trading activities, investing or implementing a new idea/method, basically everywhere, I question my own idea severally. These questions do not have answers but rather lead to more questions and those questions lead to more questions and in the end now I start finding the answers myself and put the pieces together making my initial idea more accurate & more efficient. I'll relate this to trading. System Building . When forming your own trading system you might not know everything good that a trading system needs to have but by asking yourself questions you'll most probably figure out more than three quarters of all necessary elements of a trading system all by yourself even before doing any research.  New traders mostly have the habit of asking someone who they consider ...
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