Monthly Archives: October 2024
8 Critical Mistakes Day Traders Make and How to Avoid Them
Written on October 31, 2024 at 5:46 am, by sallychang
Did you know that 80% of day traders give up within their first two months? This fact shows how tough day trading can be. At PU Prime, we’ve seen how avoiding common mistakes can change a trader’s path. Let’s look at eight key mistakes that often catch day traders off guard and how to avoidContinue Reading
Dollar Eases as GDP Come Soft
Written on October 31, 2024 at 3:39 am, by pumarketings
Market Summary The dollar faced pressure from the GDP reading released yesterday, which came in lower than market expectations. However, amidst prevailing risk-off sentiment, the dollar managed to find support above the $104.00 mark. Today’s highly anticipated U.S. PCE reading, the Fed’s preferred inflation gauge, is expected to provide crucial insights into upcoming monetary policyContinue Reading
Gold Sky-rocket with the U.S. Election Jitters
Written on October 30, 2024 at 5:41 am, by pumarketings
Market Summary Gold surged to an all-time high in the last trading session, climbing above the $2,780 mark. Multiple bullish factors have fueled this rally, including intensifying geopolitical tensions in the Middle East and Eastern Europe, which have heightened demand for safe-haven assets. Additionally, as markets brace for the U.S. election, investors are showing aContinue Reading
