trailblazing women who took Wall Street by storm these incredible women have paved a way for female investors and traders around the world showing great resilience and fearless mentality despite facing gender discrimination going on to achieve great things in the financial field, motivating the future generation of young women that they too can achieve the unthinkable.
1. HETTY GREEN
the witch of wall street
also referred to as "the woman who loved money" born November 21, 1834 and also believed to have been the richest woman in America before the time of her passing, Hetty Green started her financial/business journey from a young age through the influence of her father who was a successful agent, oil manufacturer, and Quaker, who encouraged her to read and study financial texts when she was a young girl, he believed that even women needed to understand the dealings of money, business and overall how the financial world operates.
She is best known for turning an inheritance of between 3 - 7 million to 100 million U.S dollars approximately $2.5 billion in today's money. She did this by investing in U.S government bonds, stocks, real estate and railroads and providing financial support during crises, most especially the Panic of 1907, making her a reputable investor and financier, using a buy low, sell high strategy and impeccable psychology facing markets militantly and unafraid even in times of panic.
2. VICTORIA WOODHALL
the first woman to run for presidency
born September 23, 1838, Victoria came from a very poor background, with the influence of their father she and her sister sold herbs and potions posing as spiritualists and healers they caused them to live a on the run from one place to another due to unsatisfied customers/patients.
Their nomadic lifestyle led them to Manhattan were they caught the attention of railroad magnate Cornelius Vanderbilt, who it was believed they helped him keep in contact with his dead wife he in return offered them financial advice and through this connection they were able to open the first female owned brokerage in wall street in 1870 called WOODHULL, CLAFLIN and CO with clients of high society women, rich widows and high value prostitutes, this become a success earning them over $700 000 about 2million today. She used this money to further her goals and fund her campaign to run for presidency.
3. ISABEL BENHAM
madam railroad
born 1909, in the 1920s Isabel enrolled at a women only college called Bryn Mawr in Pennsylvania, with a strong desire to study economics and work in wall street it has a great tragedy to find that the school offered no economics courses but Isabel insisted the college offer economics studies and made history by being 1 of 5 women to graduate from the college with a degree in economics.
after graduation, living in times of the great depression also facing daily gender discrimination this did not stop her from pursuing her dreams to work in wall street, she started a side hustle by selling magazine subscriptions and later landed a job as a bond strategist on wall street bond house R.W Pressprich and Co. and due to her resilience and hard work providing accurate reports of the railroad industry became their first female partner and first woman as a partner of a wall street bond house and first woman to be appointed Board of Directors for a railroad.
4. MURIEL SIEBERT
the first lady of finance
born 1928 without graduating from any college her finance career started by being a finance research trainee and grew her expertise by working in various brokerages.
through hard work and determination by year 1967, despite numerous failed attempts and rejection she became the first woman to have a seat on the BYSE being the only woman among 1,365 men which was a remarkable achievement.
she went on to co-found Siebert and Co a broker- dealer in 1969 and when the the NYSE jettisoned it's 183 year old tradition allowing it's members to negotiate broker commissions her company became America's first discount brokerage also being owned by a woman.
by year 1977 she hit another incredible career milestone by being appointed superintendent of Banks for New York state, overseeing all NEW YORK banks with no banks failing in her 5 year term.
5. GERALDINE WEISS
grand dame of dividents
considered one of the best female investors/ traders of the 20th century, learning about investing by reading investing texts like Security Analysis by BENJAMIN GRAHAM and studying business and finance earning a degree at the University Of California.
with her advanced knowledge about investing she was still unable to get any job position higher than secretary due to gender discrimination in the male dominated industry but this did not put out her fuel and and undying desire to become be involved in the investment community and by age 40 she started her investment newsletter called "Investment Quality Trends" under a pseudonym "G. Weiss" to hide her gender as at the time many believed no woman can make successful investments and did this for a decade with her subscribers thinking she is a male it was only in 1977 when she appeared on TV program "wall street with Louis Rukeyser" that she revealed her gender this now with her newsletter being a success with accurate analysis asserting that dividend yield is a key valuation measure that how she got her nickname.
hope this inspires more women to be more active in the trading world.
Whatever women do they must do twice as well as men to be thought half their inferior. Luckily, this is not difficult.
– Charlotte Whitton
put together by : Pako Phutietsile as currencynerd
XAUUSD trade ideas
XAUUSDDo not buy, sell or hold by looking at the chart.
None of the graphics, drawings and explanations on this page don't include investment advice.
227063SELL XAUUSD for bullish trend reversal
STOP LOSS : 2,831
Regular Bearish Divergence
In case of Regular Bearish Divergence:
* The Indicator shows Lower Highs
* Actual Market Price shows Higher Highs
We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart.....
The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
GOLD SHORT TO $2,540 (1H UPDATE)Gold has been absolutely dropping since yesterday, which works in our favour!
But? Watch the video to see what could possibly happen next👀
Transitioning from Successful Demo Trading to Live TradingHow to Avoid Choking Your Live Account
The journey from demo trading to live trading is often more challenging than most traders anticipate. The image you’ve shared captures the key steps of this transition—from mastering a demo account to navigating the psychological hurdles of live trading. While demo trading is an essential part of a trader’s education, live trading introduces emotional and psychological challenges that many traders find difficult to manage. Let’s dive into the key stages and explore how to transition successfully without choking your live account.
1. Successful Demo Trading
At the start, many traders achieve consistent results in demo trading. In a demo environment, there’s no real money at stake, which allows for calm, calculated decisions and plenty of room for mistakes. It’s here that you develop and fine-tune your strategy without the fear of financial loss. However, the ease of success in a demo account can create a false sense of security about your readiness for live trading.
2. Transition to Live Trading
Moving from demo to live trading is a crucial moment. Many traders believe that because they are profitable in demo trading, they are automatically ready to replicate that success in a live account. However, the difference between the two is the introduction of real money and real emotions. The fear of loss and the pressure to protect your capital can interfere with the clear thinking that guided you in the demo environment.
3. Overthinking Begins
In live trading, overthinking is a common problem that often creeps in early. Unlike demo trading, where decisions flow effortlessly, live trading introduces hesitation. Traders tend to question their strategies, second-guess their analysis, and get caught up in minute details that don’t necessarily matter. The fear of making a wrong decision becomes amplified when real money is on the line, often causing traders to overanalyze market movements.
4. Paralysis by Analysis
As overthinking intensifies, traders can fall into what is known as paralysis by analysis. This happens when you analyze the market so extensively that you become too hesitant to make any trading decisions. Constantly doubting your entry points, second-guessing signals, or being afraid of missing out can lead to missed opportunities and a lack of trading action. At this stage, fear dominates logic, and traders may either overtrade or avoid trading altogether.
5. Trading Failure
Inevitably, if you allow overthinking and paralysis to take control, it can lead to trading failure. This failure isn’t necessarily about blowing your account—it’s about failing to follow your trading plan, succumbing to emotional decisions, and deviating from the strategy that made you successful in demo trading. Fear of losing, coupled with poor decision-making, can lead to a downward spiral.
6. Need for Strategy
When traders hit a rough patch, they realize the importance of sticking to a well-defined strategy. A consistent strategy should not only outline entry and exit points but also incorporate risk management, stop-loss placement, and clear goals. At this stage, traders must revisit their demo strategies and adapt them to the emotional reality of live trading. Importantly, the need for strategy isn’t just about the technical side—it’s about managing emotions and sticking to the plan under pressure.
7. Implementing Strategies
Having a solid strategy is one thing, but implementing it consistently in live trading is a different challenge. This stage is where traders must learn to trust their strategy, let go of the fear of losses, and maintain emotional discipline. It’s crucial to trade small positions at the beginning to minimize the emotional impact of any losses. Gradually scaling up as confidence grows allows for emotional adjustment without the added pressure of large financial risk.
8. Successful Live Trading
The final stage is successful live trading, where traders have mastered not just the technical aspects of their strategy but the emotional and psychological elements as well. Success in live trading is marked by consistent execution of a plan, disciplined risk management, and the ability to stay calm during market fluctuations. At this point, you’ve learned to manage your emotions, handle losses gracefully, and take profits when the time is right.
Tips to Avoid Choking Your Live Account
Start Small: When transitioning from demo to live trading, start with a small account. Even if you’re profitable in demo trading, your psychological state will change when real money is at stake. Trade with smaller positions until you feel comfortable managing your emotions in a live setting.
Have a Trading Plan: Stick to the same strategies that worked in your demo account. A well-defined trading plan will give you clear guidelines to follow, even when emotions run high. Make sure your plan includes risk management and contingency plans for when trades don’t go your way.
Control Emotions: Live trading introduces a range of emotions—fear, greed, anxiety, and excitement. The key to success is emotional discipline. Set your stop losses and take profits before entering a trade and avoid changing your plan mid-trade based on emotion.
Risk Management: Risking too much on a single trade is one of the fastest ways to lose your live account. Never risk more than 1-2% of your total account balance on any trade. This will help you stay calm and reduce the emotional pressure to win every trade.
Accept Losses: Losing trades are part of the game. Even professional traders have losing trades, but they manage those losses with proper risk management and emotional control. Accept that losses are a part of trading and avoid chasing the market or trying to win back losses impulsively.
Regular Reflection: After each trading session, take time to reflect on your trades. What went well? What could have been improved? This reflection will help you adjust and improve your strategy over time.
Conclusion
Transitioning from demo trading to live trading is more about managing emotions than it is about mastering the technical aspects of trading. While the technical skills you develop in demo trading are essential, emotional discipline is what separates successful live traders from those who struggle. By starting small, sticking to your strategy, and managing your risk, you can avoid choking your live account and set yourself up for long-term success in the markets.
Gold professional analysis strategy signalsLooking at the 4-hour chart, the 4-hour moving average of gold has turned downward, and there are signs that a death cross will be formed. If gold continues to fall after the opening next week, a death cross will be formed in the 4-hour chart, which will further open up room for decline. The 4-hour chart is now in a high top structure and the rebound has not returned to the long-short watershed. It is still in a top form. The 1-hour moving average of gold is still in a short position. Gold rebounded strongly in the US market, but it still did not break through the previous high. Gold is still weak. Gold fell under pressure from highs and is still bearish overall. Gold can continue to be short if it rebounds below the US high of 2703, and can continue to be short if it rebounds to 2700 next Monday. On the whole, the short-term operation strategy for gold next Monday is to short on rebounds and long on pullbacks. The short-term focus on the upper side is the 2708-2710 resistance line, and the short-term focus on the lower side is the 2640-2643 support line.
Strategy 1: Short (buy down) two-tenths of the position in batches near 2698-2700 in the early trading, stop loss 6 points, target near 2680-2660, break to see 2645
Strategy 2: Long (buy up) two-tenths of the position in batches near 2643-2645, stop loss 6 points, target near 2665-2675, break to see 2680
Gold on slide aftermath / Medium-term Buy orders closed with TGNew meta: As it was evident recently on my commentaries, I have been engaging Medium-term Buying orders (#2.0 and #3.0 Volumes) #3 times in a row now and first two times it was sharp #100-point Profits. Previous two orders were engaged on #2,712.80 and since #2,790.80 was Fibonacci Ultimate Top's I have decided to close both of them there / delivering #78-point Profit on both of orders. I could officially await #2,800.80 benchmark or more however I took a safe path and closed my orders with #78-point Profit on both of them / Highly satisfied however since Elections are approaching, I will not make any more moves since Elections can finally deliver certain Selling action on Gold (as markets may have some confidence after voting) which may cause safe-haven assets such as Gold to lose and riskier assets to gain on Medium-term.
Intra-day / Short-term: The #2,772.80 former strong Support now turned in Resistance was crossed and Gold was Technically ready to accomplish new local Low’s (major break-out I announced if it gets invalidated). This will be essentially a Higher High's Lower zone first on Descending Triangle validating my expectation of an #10 to #15 point Trading range (Rectangle) on however aggressive pace for the next #1 - #2 session horizon. The (#1W) Weekly candle is now at (# +1.05%) and the week will most likely close on a positive note following last candle's (# +2.28%). I will take advantage of the Higher High’s Lower zone, giving distinguished Buying order within this relief rally / Bullish Intra-week cycle and Profit on wide timeframes for reduced Risk as I still maintain my Buying order (Buying every Bottom) which I engaged on #2,735.80 (ideally I expect to close the position above #2,752.80 benchmark). Keep in mind that this is NFP session as I am looking at #2,727.80 test initially if NFP delivers upside surprise.
My position: As discussed above, I do expect upside surprise on NFP announcement and if that's the case, Gold may spike towards #2,727.80 Support zone in extension. I will close my current Buying order as Higher as I can and will look to re-Sell Gold ahead of NFP numbers. Overall another excellent week.
If it plummets or rises sharply, it's easy to close your positioGold rose in the morning to near 2710 after falling all the way down, in the European trading period twice back to near 2680 as scheduled to stretch above 2700, and then the evening rebound to the highest near 2704 again as scheduled to fall below 2690, we share with you are perfect in place, gold US 2702 short single, Gold rebound 2704 line eventually or high fall, gold fell again harvest, perfect end, the US rebound can continue to empty.
Gold 1 hour average or short arrangement, gold strong rebound, but still did not break through the previous high, gold is still weak, gold high pressure fall, the overall is still short, gold rebound high 2703 or can continue to meet the height, rebound 2698 or can continue to empty. Don't operate if it's too late. In summary, today's gold short-term operation ideas on the rebound is mainly short, the pullback is supplemented by more, the short-term focus on 2708-2710 resistance, the short-term focus on 2640-2643 support,
Next Monday gold operation strategy reference:
Empty order strategy:
Strategy 1: Gold morning near 2698-2700 batch short (buy down) two-tenth position, stop loss of 6 points, target near 2680-2660, break to see 2645 line;
Multi-single strategy:
Strategy two: Gold pullback near 2643-2645 batch long (buy up) two-tenth position, stop loss of 6 points, target near 2665-2675, break the 2680 line;
GOLD - where is support? Holds or not??#GOLD.. market just near to his major support of the week, that is 2696-98
Keep close that support and keep in mind if market hold it in that case you can see again bounce from here and below that cut n reverse can be a good option after on confirmation.
Good luck
Trade wisely
XAUUSD WEEKLY ANLAYSISTraders Alert
GOLD has broken its support zone after reaching the top of its ascending channel
Now trading below support a pullback is expected before continuing its decline
to the channels lower boundary
Don't forget to like and share your thoughts in the comments
Long To Previous Day High
The previous day's candle closed bullish, so my bias is bullish. The narrative is that after the New York AM low and London sweep from the previous day, the market should target the previous day's high, which is around 2750. The draw on liquidity is at 2750. What do you think about this?
Gold should retrace to this trend line to continue trendOANDA:XAUUSD is expected to retrace this trend line to continue its bullish trend. here Gold is confirm sell down to the given targets
Gold have to also complete its 3rd corrective wave as we know that 2nd corrective wave has been completed.
gold increase to 2762-2772I evaluate gold to increase to 2762-2772 and then decrease according to the daily chart.
GOLD SHORTSWHY I AM LOOKING FOR SHORTS
There is a mitigated supply zone on the left, causing a price decline and leaving an unmitigated supply area. Liquidity has built up below this zone. After the Asian session, the price swept the highs of the Asian range and tapped into the supply area. A strong rejection suggests that the price is likely to continue downward toward the Asian lows.
FUNDAMENTAL ANALYSIS
On U.S. election day, gold prices can experience volatility due to political uncertainty and market reactions. If there's significant uncertainty over the election outcome, gold often rises as investors seek safe-haven assets. A clear result, especially one that signals stability, could lead to a dip in gold prices as risk appetite increases.
XAUUSD: The Downtrend Is Not Over YetDear Traders!
Today, gold prices fell sharply, ending the week at $2,684, recording a decrease of 0.83%. The rising US dollar, fueled by political uncertainty, put a lot of downward pressure on gold. The shift of investors to riskier assets added to the selling pressure on gold in the market, reinforcing the bearish trend.
Analysis of the 4-hour chart shows that gold prices are currently facing resistance at the important resistance zone of $2,700 - $2,715. The 34 EMA has crossed below the 89 EMA, a sign that sellers are in control. If the price fails to break through this resistance zone and continues to be under pressure, gold is likely to find support at $2,640 - $2,656. In the event that the price drops below $2,640, the short-term bearish outlook will become stronger, with a deeper target in the near term.
XAUUSD TF 4H 71124wait till price come into the zone and break out with big green/red candles
entry (TF 2h,4h)
SL at previous low/high
TP at Fibonacci
GOLD has been shining for too long... Time for a big correction.It seems to me that GOLD has been shining for too long... It is time for a chance for other gems ;) Time for a big correction.
Gold rebounds ahead of U.S. elections, market cautious on Fed.Gold prices have halted their adjustment from the record high of $2,790 set on Friday, as the U.S. dollar faces strong selling pressure. The gap opened lower following the latest poll results regarding the U.S. elections, which showed Kamala Harris surpassing Donald Trump in Iowa, marking a significant shift. The presidential race between the two candidates is intensifying, with Americans set to vote on Tuesday.
Additionally, U.S. Treasury yields are also declining due to market caution and expectations that the Fed will cut interest rates by 25 basis points on Thursday, which has supported non-yielding gold prices.
Personal opinion:
Gold prices are heavily influenced by the U.S. elections and the economic situation. Kamala Harris leading in the polls might make investors feel more optimistic. The drop in bond yields also indicates that people are looking for safe places to invest, increasing gold's appeal during this uncertain time.
Pay attention to price levels:
Buy zone: 2727 - 2725
SL: 2720
Sell Zone: 2747 - 2749
SL: 2754
Sell Zone: 2760 - 2762
SL: 2767
We do not know what the fourth wave model is.I didn't know why gold doesn't respect fundamental analysis, I didn't know who the big boys are in the gold markets.
GOLD!! friends is a supply and demand market and wave analysts
Use only supply and demand zones with waves.
GOLD SHORT OVERVIEW (4H UPDATE)Gold prices are absolutely plummeting, created by the volatility from Donald Trump winning! But if you've been following my analysis then you'd know this had nothing to do with fundamentals, it was pure technicals.
Learn to read market structure & you can read the future!
Continue to go short today, with detailed market analysisThe gold trend indicator MA5 and MA10 tend to be in a state of adhesion. Although it closed below the moving average, from the overall shape, because there is no sustained decline, it is still a high-level sideways correction. Continue to pay attention to the break direction of the 2720/2750 range adjustment.
Gold continues to be weak. Gold rebounded in the past few days and was short. It also won repeatedly. Gold bulls have no rebound power. The rebound in the Asian session continues to be short. Gold is weak, and the short-term short trend will continue. Go with the trend, and the rebound is an opportunity to go short.
The gold 1-hour moving average continues to cross downward and diverge. The gold moving average resistance now moves down to around 2745. After the rebound, gold continues to fall weakly. Bulls basically have no counterattack power. Gold rebounds near the moving average resistance of 2745 in the Asian session and continues to go short.
First support: 2730, second support: 2718, third support: 2700
First resistance: 2748, second resistance: 2763, third resistance: 2775
Trading strategy:
2720-2750 range, sell high and buy low according to resistance and support
XAU/USD 05 November 2024 Intraday AnalysisH4 Analysis:
Analysis/bias remains the same as analysis dated 31 October 2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal.
Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high.
We should however remain mindful that Daily TF is showing very early signs of bearish pullback phase initiation. Therefore, price could potentially print a bearish iBOS.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As highlighted in yesterday's intraday analysis dated 04 November 2024, I mentioned that price was expected to continue targeting the weak internal low.
Price followed this expectation, reaching the weak internal low and printing a bearish iBOS.
Subsequently, price has printed a bullish CHoCH, indicating the initiation of a bullish pullback phase. Internal structure has also been confirmed.
Intraday Expectation: Price is expected to react at either premium of the 50% EQ or the M15 supply level before targeting weak internal low.
M15 Chart:
