Market conditions always arise in despair.
2024.08.06:
The account was completely liquidated on August 4 due to the restrictions of Binance facial recognition, and the funds were managed by sub-accounts. Re-establishing positions during the sharp drop has temporarily created a short-term high.
On Monday, global assets encountered "Black Monday". The US dollar index continued to fall and once fell close to the 102 mark, but recovered some of its losses during the US trading session and finally closed down 0.48% at 102.74; the US dollar against the yen once fell below 142, close to the lowest level of the year; US Treasury yields rose and fell, the benchmark 10-year US Treasury yield closed at 3.784%, and the two-year US Treasury yield recovered most of its losses and turned up. It once ended the inversion with the 10-year US Treasury yield and finally closed at 3.9140%.
Due to the "infection" of the market's selling sentiment, spot gold fell sharply in the European session and once fell to an intraday low of $2,364.29, a sharp drop of nearly $100 from the intraday high, and then rebounded and returned to above $2,400, and finally closed down 1.33% at $2,409.32 per ounce. Spot silver finally closed down 4.65% at $27.25 per ounce.
Global stock market sell-offs continued, but the decline in the oil market was limited as the market worried that Iran might retaliate for the assassination of a Hamas leader in Tehran, leading to a wider war in the Middle East. WTI crude oil "stopped bleeding" during the US trading session, recovering most of its losses during the day, and finally closed down 0.24% at $74.52 per barrel; Brent crude oil finally closed down 0.22% at $77.13 per barrel.
The Dow Jones Industrial Average closed down 2.6%, the S&P 500 fell 3%, and the Nasdaq fell 3.43%. Nvidia (NVDA.O) fell 6%, Apple (AAPL.O) fell nearly 5%. Chinese stocks are relatively resilient, and the Nasdaq China Golden Dragon Index closed up 0.25%.
European major stock indices closed down across the board, with the German DAX30 index closing down 1.82%; the British FTSE 100 index closed down 2.04%; and the European Stoxx 50 index closed down 1.45%.
Account status: total capital of 400,000+ (including dividends of 120,000), principal of 150,000, and a rate of return of 300-%.
Risk warning: Leverage is not a devil, but a tool to improve capital utilization. Leverage itself has no risk, and the real risk comes from human nature.
