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On October 12th, DBS Group CEO Shushan Chen stated that the market is reassessing the risks associated with investments in artificial intelligence (AI) infrastructure, which could lead to a more cautious AI financing environment. She said, "The market has sent a signal. This isnt a bad thing, because investors are now demanding higher returns and paying more attention to financing structures." Chen pointed out that the market is examining whether the large amounts of capital invested in the AI capital expenditure ecosystem can generate sufficient long-term returns to ultimately repay debt, bond, or equity investors. DBS believes that some weaker companies may face the risk of credit rating downgrades. However, Chen believes this risk repricing is "healthy" because the market wants to ensure that large-scale AI investments are sustainable and have long-term profitability. She stated, "The market is confirming whether these huge investments are truly sustainable." Chen revealed that DBS has participated in approximately $20 billion in AI-related transactions this year, mostly as the lead arranger for syndicated loans, but the bank itself only holds a small portion of the risk exposure.On Monday, October 12, the Hang Seng Index opened 223.58 points higher, or 0.92%, at 24,434.93; the Hang Seng Tech Index opened 43.23 points higher, or 1.03%, at 4,241.07; the H-share Index opened 81.45 points higher, or 1.0%, at 8,229.32; and the Red Chip Index opened 12.18 points higher, or 0.3%, at 4,061.13.Hang Seng Index futures opened 0.85% higher at 24,398 points, a premium of 187 points.The Governor of the Bank of Korea said the timing and pace of further interest rate hikes will depend on the data.The main platinum contract rose by 2.00% intraday, currently trading at 419.00 yuan/gram.

3Trading skills for New Day Trader!

Lubomir Tassev

Oct 25, 2021 13:27

 1. What To Focus On When Day Trading

       To excellent Day Trade you need live price charts, and also an economic calendar, which can cause large instantaneous price moves. But to a New Day Trader, all the information you need to trade is right on your price chart, except the economic data disclose times. Once you know when high impact economic data is disclosed, avoid trading for several minutes around that time. All New Day Traders only focus on one thing--the price chart. This way you have less information to deal with.

      When day trading, Ignore financials and fundamentals, just focus on the chart for today. There is no need to check daily charts or weekly charts.  One-minute or five-minutes charts should provide all the data you need to Day trade .

 

   2. How to Day Trade

      Simple is better. You don't need to know what every technical indicator does or how it works. To be a good Day Trader, you need only to know one-- trading strategy.

Many day traders who have traded successfully for years only use one strategy. When your strategy provides a trade setup, trade it. No trade setup, no trades. 

When a strategy produces a trade signal, ensure the trade execution. 

 

Learn more about this, refer to the article “ How to Choose Your Trading Strategy”


   3. How to gain consistent profits?

       Perfect practice makes perfect. There is no shortcut--if you want to be good at something you have to practice it...a lot! This means using a strategy looking for trade setup each trading day. For about half to a year--day trading consistency will likely come out.

 

 

Final Word

First, limit what you focus on. What you need is in your chart.

Start with one asset and just trading on time frame--one or five-minutes chart.

 

Second, practice one strategy over and over again, until you are profitable with it for several months in a row.

 

Finally, Continued success requires that you come to the market every day with the same skills and processes that made you profitable in the first place.

 

 

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