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Stop loss and take profit: protecting yourself from emotions
Every trader knows that the real enemy is not the market, but himself. The fear of loss and the greed for gain are the two forces that most often lead to costly mistakes. This is why the simplest—but also most misunderstood—risk management tools exist: stop loss and take profit . Two automatic orders that are supposed to make trading more rational, but which, if poorly calibrated, end up amplifying the very thing they're supposed to contain: emotion. Those who trade during
23 hours ago


Today the markets bet on a truce (but the costs remain very high)
Today sent a signal to the markets: a desire for risk... albeit cautiously. Stocks, oil, industrial metals, and even safe-haven assets like gold and silver closed higher, driven by an unusual mix of geopolitics, hopes for a truce, and new energy sanctions. This fragile balance reveals a lot about investors' mood: ready to believe in a détente, but still wary of any potential repercussions. All risk indicators are rising It was a broad-based rebound for risk-on assets . In th
3 days ago


Bonds rising, economy slowing?
Since August, government bonds have recovered in value, while global demand has weakened. Are investors sensing a slowdown or simply hedging against risks? In recent months, the bond market has undergone a transformation. After a long period dominated by high yields and depressed prices, bonds are returning to the spotlight—both in the United States, where the rally began in the summer, and in Europe, where the trend has continued since early October. It's a resurgence that r
5 days ago


Hiroshima, Nagasaki, and Postwar Finance: The Markets' Response
When we think of the atomic bombings of Hiroshima and Nagasaki, our imagination immediately turns to the human tragedy and the geopolitical turning point that marked the end of World War II. But financial markets were also affected, albeit in very different ways in the United States and Japan. 🇺🇸 Wall Street: The wait for peace turns into a rally After Hiroshima (August 6, 1945) and Nagasaki (August 9), investors' immediate expectation was that the war in the Pacific was ov
Oct 18


Oil prices are falling: why have prices fallen so much since early August?
Since the beginning of August, oil prices have steadily and sharply declined. Brent crude dropped from around $74 a barrel on August 1st to just below $62 in the second week of October: a decline of around 16% in two months . US WTI crude followed a similar trend, from $70 to around $57.70 over the same period. Only at the beginning of the summer did the market seem headed for a steady recovery, supported by OPEC+ cuts and forecasts of robust demand. Within a few weeks,
Oct 16


Global backlash: Stocks, commodities, and cryptocurrencies fall (but the market returns to yesterday's levels)
The day was marked by sharp fluctuations on international markets: after a negative morning dominated by US-China tensions, stocks recovered in the late afternoon, returning to their previous close levels. The decline was more persistent in commodities, rates, and cryptocurrencies, while gold remained the main defensive haven. 1. Stocks: morning crash, evening recovery Trade tensions triggered widespread selling in the early part of the session. In the US, the S&P 500 fell m
Oct 14


Gold and silver: different brothers in the markets
They often move together, but with completely different intensity. Gold and silver are the two precious metals par excellence, yet behind...
Oct 11


European inflation: what to expect next week
Next week will be one of the most important of the autumn for European markets. New data on euro area harmonized inflation (HICP) and...
Oct 11


The dollar is back on the rise: rates are falling, but expectations are already priced in.
Between September 17 and early October 2025 , the dollar regained strength after months of weakening. The DXY index, which measures the...
Oct 10


The first case of a negative-interest bond: Switzerland in 2015
In January 2015, the Swiss National Bank (SNB) made a decision that would mark a turning point in the history of the bond markets. After years of defending the minimum exchange rate of 1.20 Swiss francs per euro , the SNB suddenly decided to abandon the peg and lower key rates to –0.75% , the lowest level ever recorded up to that point. In the hours  immediately following the decision, the Swiss franc rapidly appreciated by more than 15% against the euro and the dollar  . I
Oct 10
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