Australian Household Spending Rose 6.8% Year-on-Year And 0.6% Month-on-month In September

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LAST

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NET CHG.

%CHG.

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SOURCE

SPX

S&P 500 Index

7688.62

7715.57

7635.81

+119.70

+ 1.58%

DJI

Dow Jones Industrial Average

53356.12

53492.40

52410.23

+1569.40

+ 3.03%

IXIC

NASDAQ Composite Index

25736.52

26048.83

25602.14

+364.52

+ 1.44%

USDX

US Dollar Index

101.288

101.368

101.295

101.023

-0.057

-0.06%

EURUSD

Euro / US Dollar

1.12381

1.12390

1.12678

1.12217

+0.00106

+ 0.09%

GBPUSD

Pound Sterling / US Dollar

1.34711

1.34723

1.35003

1.34621

+0.00004

0.00%

XAUUSD

Gold / US Dollar

4130.35

4130.76

4146.77

4057.55

+69.50

+ 1.71%

WTI

Light Sweet Crude Oil

87.587

87.617

87.813

86.001

+0.223

+ 0.26%

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Size

Matthew

@SkylarkYes that is why i have a job

I can relate to that, mate. I remember when I started trading without a job, and honestly, it wasn't easy

Size

My bills depended entirely on my trading, and that pressure affected my decisions.@Matthew

Skylark

Size

I can relate to that, mate. I remember when I started trading without a job, and honestly, it wasn't easy

It's not easy, seriously, to be trading without having any other side income or job to back you up. it puts this pressure that you can't help. It's just automatic there.

Oscar

Skylark

It's not easy, seriously, to be trading without having any other side income or job to back you up. it puts this pressure that you can't help. It's just automatic there.

@Skylarkfr

Size

I went through several blown accounts before I began to understand the importance of separating my living expenses from my trading capital.@Matthew

Oscar

EuroTrader

@Matthewyou know the reason why I can trade comfortably is that there is no pressure to make money from the markets

@EuroTraderbro you where right yesterday night I hit sl

Skylark

Size

My bills depended entirely on my trading, and that pressure affected my decisions.@Matthew

@MatthewYeah, it definitely must affect your decisions because you'll be so eager to make money, you know, to make withdrawals, you know, to take care of bills.

Size

I remember listening to a professional trader share his story about how getting a job actually made his trading journey easier.@Matthew

Skylark

Oscar

@Skylarkfr

@OscarI mean, it puts pressure to make money eagerly and taking bad decisions. You know, it's just a simple ideology. Let's say you are broke and you needed some money to get some things. You needed some money to take care of some bills and you don't have a way out and you see market is moving. So, you can just quickly say, okay, let me rush in and get something and quickly stepped out. And before you know it, you lose. So, that's what I'm saying

Size

I remember listening to a professional trader share his story about how getting a job actually made his trading journey easier.@Matthew

That really changed my perspective, and I eventually decided to get a job as well. Since then, I've had a different approach to the markets.@Matthew

Size

Oscar

@Skylarkfr

Hey mate, how are you doing today? welcome back here..

Oscar

Skylark

Size

I remember listening to a professional trader share his story about how getting a job actually made his trading journey easier.@Matthew

@OscarBro, that's just an obvious fact, and it's a solid fact. You can't just be depending and relying on trading as a beginner if you're not yet strong and say that it won't add pressure or make you take decisions you didn't plan for. It must definitely put you at pressures to you. except maybe you have other sources of income you know side income then side hustle that would be okay

Size

Skylark

Exactly, mate. That's the reality of it. When you're under financial pressure, you stop seeing the market objectively@Oscar

Skylark

Oscar

@EuroTraderbro you where right yesterday night I hit sl

@Oscaroh sorry bro. I can feel your pain. So which asset was that that you'll stop loss was hit?

Oscar

I am even holding a trade on gold rii now

Size

Oscar

@EuroTraderbro you where right yesterday night I hit sl

@OscarAh, sorry to hear that, mate. That's part of the game, though. What matters is that you respected your risk and let the stop loss do its job..

Skylark

Oscar

@OscarThat's a good set up there bro. It seems to be going well. Nice shot.

Size

Oscar

@OscarNice catch, mate! That's a good recovery. Well executed, glad to see you catching that move.

Skylark

Size

Exactly, mate. That's the reality of it. When you're under financial pressure, you stop seeing the market objectively@Oscar

@OscarYeah, definitely. The greatest breakthrough is to get a side income or job to back it up with trading.

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