Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

futurebondtrader

Whats the Largest Return Any Trader Ever Made/ How Much Do Top Solo Traders Make?

Recommended Posts

Hello,

 

While there has been endless publicity about hundred million dollar and billion dollar hedge fund managers, to anyone's knowledge:

 

1. In terms of account growth, what has the biggest percent growth ever been for a solo trader?

 

2. To anyone's knowledge, how much do top solo futures traders make?

 

Thanks

Share this post


Link to post
Share on other sites

10.17.02 ... a new trader just starting out was given his 1st account to manage.

10.17.02 .... $75,000 ... opening balance

10.17.03 ... $862,980 ... 1 yr later.

 

04.15.03 ... he was given another account to manage.

04.15.03 ... $25,000 ... opening balance

11.14.03 ... $247,000 ... date he released this info.

 

This info was in the public domain for a short time before it was deleted because of the personal attacks he received over posting it. I trust it is true. I insist anyone who recognizes this trader honor him by refusing to identify him. I'm posting these results because they inspire me. Everyone looking for inspiration deserves to see inspiring results like this. These results are from automated strats he wrote based upon just about zero knowledge of trading combined with what he learned in 3 yrs of studing programming at a public college.

Share this post


Link to post
Share on other sites
Hello,

 

While there has been endless publicity about hundred million dollar and billion dollar hedge fund managers, to anyone's knowledge:

 

1. In terms of account growth, what has the biggest percent growth ever been for a solo trader?

 

2. To anyone's knowledge, how much do top solo futures traders make?

 

Thanks

 

 

To my knowledge the biggest percentage return published so far is Larry Williams' > 11,000% return in a one year period, turning $10k into $1.1m in that futures competition.

 

Although this is all very interesting, it's of no value to any other individual trader, nor what any hedge fund make per year.

 

The only thing that is relevant is how much YOU and YOUR METHOD are able to make per year.

 

It's like asking what the performance metrics of Tiger Woods are in Golf... how will this help you if you start golfing? Even if you have much more talent than Tiger Woods and are prepared to train smarter and harder than he did in all aspects of the game (incl. mental), then such comparison would only limit you to be as good as he was and not better...

Share this post


Link to post
Share on other sites

Most of the professionals day traders I've spoke too make consider anywhere from 30% to 50%+ a solid return. None of the most credible people I spoke too mentioned making over around 50% to 80%. You can look at World Cup to see what those traders are doing in their accounts.

 

I consider 30% a good base level return because most people don't want to experience more then 30% DD and a 30% return at a 1:1 reward/risk. Speaking of returns without risk doesn't tell you anything.

 

I consider also consistently making 30% on risk per day a top of the line return. This gives about a 4x return to the account size -- if risk is kept below 5% which is aggressive. Many consider the 4:1 reward/risk ratio an excellent goal. Few will manage better then 2x. Long term among tracked CTA funds, few manage a sharpe above 1. A 1 sharpe will translate closely to a 1 calmar or 1:1 -- in other words there aren't many funds that can do better then the 1:1 ratio.

 

Of course, some traders may have an excellent run and do a lot more. I don't think it is useful to compare yourself to those though. Traders at firms may do better but I know some of those managers and they aren't making as much as you'd think.

 

One futures firm said a good trader will do 250k before splits... so after splits you're making a good salary but not getting rich. A top stock prop firm told me that a new trader will do good to make 50k in the first year.

 

As for Larry.. he made his returns by scaling up his size. It is possible to do some amazing returns if one scales up size as the account grows. Most people don't want to experience those type of swings though...

 

 

2. To anyone's knowledge, how much do top solo futures traders make?

Thanks

Edited by Predictor

Share this post


Link to post
Share on other sites

I had an 18 mth run trading 1 Jan 2006 to 30 June 2007.

333 days traded with total profit Aud $1,497,527. Ave $4497 per day.

After brokerage costs of around $250,000 per year with Comsec Aot desk in Aus.

Was one of their largest private traders at that time.

That was my best return over a set period.

Before that I had some average years and some good years.

Probably doesn't compare with some of the guys from the US though.

But I was trading from a few home computers with a trainee and occasionally my wife.

The edge I had at that time is a lot smaller nowadays with the HFT guys.

I trade now online with a few pro traders from Aus in the Fx and futures markets.

Just thought this can show that it is possible if you can develop an edge over a large sample size.

Share this post


Link to post
Share on other sites

It would seem that my attitude to all this would be the opposite of most.

 

1. Trading my own money I want the low volatility of returns that most fund managers target in order to attract investors. Whereas most independent traders tend to quote 'being able to take on greater risks to achieve larger returns' as a benefit of not trading other people's money.

 

2. If I was trading other people's money and, hypothetically, could do so on a completely unregulated basis with no question of repercussions, then I would swing for the fences with money management in the way that Larry Williams did in the competition. It's other people's money - what would I care about the volatility of returns or risk profile? There's no real downside, for me, and unlimited upside.

 

What do others make of this? Is this a logical conclusion, or should I be working with the other sociopaths at Goldman?

 

BlueHorseshoe

Share this post


Link to post
Share on other sites

I agree with you Bluehorseshoe on your comment.

During the 18mth period my volatility and draw downs apart from the odd brain fade were very low.

I built my account up day by day with low risk and trained our 20yr old babysitter/childcare to trade my account alongside me.

I think it is the consistency of the trading approach with an edge over a large sample size that is important.

Edited by Plugger

Share this post


Link to post
Share on other sites
... I think it is the consistency of the trading approach with an edge over a large sample size that is important.

 

You're absolutely right. You can't make BIG money without trading size. To be able to trade size you need consistency. Having an edge, and making small consistent gains - then adding a contract after the margin (or 2 x the margin) has been made, is the key to adding size and exploiting the edge.

 

The discussion of return as a percentage of account means nothing when trading futures IMO.

Share this post


Link to post
Share on other sites
I had an 18 mth run trading 1 Jan 2006 to 30 June 2007.

333 days traded with total profit Aud $1,497,527. Ave $4497 per day.

After brokerage costs of around $250,000 per year with Comsec Aot desk in Aus.

Was one of their largest private traders at that time.

That was my best return over a set period.

Before that I had some average years and some good years.

Probably doesn't compare with some of the guys from the US though.

But I was trading from a few home computers with a trainee and occasionally my wife.

The edge I had at that time is a lot smaller nowadays with the HFT guys.

I trade now online with a few pro traders from Aus in the Fx and futures markets.

Just thought this can show that it is possible if you can develop an edge over a large sample size.

Plugger - I used to live on the Sunshine Coast, and attended Davin Clarke's free trading info evenings at Kawana Community Centre.

 

Your numbers sound very, very similar to Davin's. The numbers I heard from a "reliable source" were that Davin paid Commsec $330,000 commish between 1st July and end September ... probably around 2006 or 2007. Davin is now in the USA I believe, where he is involved in the teaching/coaching side of the markets these days.

 

Like you, Davin made many rapid trades in a relatively short period. I am thinking that if you are not Davin Clarke, then you must know him or know of him.

 

The effort was extraordinary for the times, as was yours.

 

Well done.

Share this post


Link to post
Share on other sites

That's me.

Back on the Sunny Coast now after some prop trading in Atlanta US with Alexander Tzarvaras.

Those meetings that I ran were fun but time constraints became a factor.

Hope your trading has been going well Ingot.

Saw the post about trader returns and thought I should write that good returns are possible but require the hard yards and a bit of independent thinking that most can't commit to.

A hard way to make an easy dollar.

Think the commissions to Comsec got up to the half mill + over a 2yr period.

The chrissy presents were a bit stingy only a dozen beers on one of those years.

Lucky I'm a beer fan.

Share this post


Link to post
Share on other sites
That's me.

Back on the Sunny Coast now after some prop trading in Atlanta US with Alexander Tzarvaras.

Those meetings that I ran were fun but time constraints became a factor.

Hope your trading has been going well Ingot.

Saw the post about trader returns and thought I should write that good returns are possible but require the hard yards and a bit of independent thinking that most can't commit to.

A hard way to make an easy dollar.

Think the commissions to Comsec got up to the half mill + over a 2yr period.

The chrissy presents were a bit stingy only a dozen beers on one of those years.

Lucky I'm a beer fan.

 

You forgot to mention ... they don't have our surf!

 

There are still a few traders on the Sunny Coast, though I have not rubbed shoulders with too many. I corresponded with Youri from Wurtulla today - didn't know he was there (Russian bloke) - he may have been around in your earlier times?

 

Awhile ago I stopped looking for a strategy and decided to master what I am already doing. That sort of focus pays in spades ... only wish I had done it 6 years earlier!

 

Will look you up when I am next on the coast - I still have family there and am possibly moving back before Chrissy.

 

Keepacoldieinnafridge!

 

Nice to touch base again. I have followed a bit of your work through different people with good blogs who linked to you (Lance Beggs is one). Also wondering about Chris Shea - is he still in the coaching business? His book deserved far more exposure and popularity than it received - an excellent beginners starting point to get the head around the market's tricks.

 

Cheers mate ... sorry to take the thread off-topic.

Share this post


Link to post
Share on other sites
Hello,

 

While there has been endless publicity about hundred million dollar and billion dollar hedge fund managers, to anyone's knowledge:

 

1. In terms of account growth, what has the biggest percent growth ever been for a solo trader?

 

2. To anyone's knowledge, how much do top solo futures traders make?

 

Thanks

 

Marty Schwartz (interviewed in the best selling book, market wizards) averaged 25% ROI per MONTH, for several years in a row, while never suffering more than a 3% drawdown from month end to month end, on a multimillion dollar account. This was published in his interview in this book, he also wrote a book called pit bull about his experience trading, and his account was audited because he did become a CTA, so it's not just a claim, or a rumor, but it's been validated. He also entered several trading competitions that used real money (he used his own personal account), and he won I believe 4 out of 5 years with unbelieveable returns.

 

That's an ROI of approx. 1,400%+ per year, for years in a row, without more than a few percent draw down.

 

This is the best i've ever heard of with real money, that can and has been independently verified.

Share this post


Link to post
Share on other sites
How about top retail discretionary futures traders, if you are, and of those traders you know, what kind of average % returns do you consistently make?

 

Do you mean per day, week, month, year. Trading futures is all about making income for me, not return. I'd have to calculate return on what?? Margin, Risk$? Leveraged amount?

 

Let's say the ES is at 1400 and its point value is $50. Therefore each contract is worth $70,000. So trading one contract if you made $35000 in a year - a good and possible target in my opinion - it would amount to 50% of the leverage amount. But on the basis of margin at $5000 per contract it would be 700%.

 

What is the point of asking these questions. Will it give you something to shoot for in your mind? I suspect that you may be wondering how much is possible to see whether it is an activity which is something you wish to pursue. In my experience - pursuing this activity for strictly financial reasons is not an effective way to go about it and is going to lead to poor results.

Share this post


Link to post
Share on other sites
Do you mean per day, week, month, year. Trading futures is all about making income for me, not return. I'd have to calculate return on what?? Margin, Risk$? Leveraged amount?

 

Let's say the ES is at 1400 and its point value is $50. Therefore each contract is worth $70,000. So trading one contract if you made $35000 in a year - a good and possible target in my opinion - it would amount to 50% of the leverage amount. But on the basis of margin at $5000 per contract it would be 700%.

 

What is the point of asking these questions. Will it give you something to shoot for in your mind? I suspect that you may be wondering how much is possible to see whether it is an activity which is something you wish to pursue. In my experience - pursuing this activity for strictly financial reasons is not an effective way to go about it and is going to lead to poor results.

 

Day, week, month, year, doesn't matter, if you have one, you can calculate the rest.

 

Comparison against margin, leverage, contract value, etc is not too useful in futures. I mean income, return against account value.

 

I already know I wish to pursue, as I have been for years and am comfortable with my reasons. The point, is simply to know. If we are discussing what the top institutional traders have achieved, why not discuss what the top retail traders achieve?

Share this post


Link to post
Share on other sites
Day, week, month, year, doesn't matter, if you have one, you can calculate the rest ...

... The point, is simply to know. If we are discussing what the top institutional traders have achieved, why not discuss what the top retail traders achieve?

The question was valid, and of interest generally, n00btrader - thanks for asking it.

 

But the best answer you might get was in post #5 of the thread, by Plugger - a trader I have met once or twice, and for whom I would vouch. I also know people with whom he was associated in training at a very high level.

 

They held an annual retreat at the old Hyatt Regency, Coolum beach on the Sunshine Coast (now the Palmer Resort I think it might be called now.) Back then - 2006 onwards - if you were making $750k minimum pa you qualified for the Super-Trader retreat at the resort.

 

I think Plugger could clarify how many traders attended - - I fell a bit short of the qualifying mark myself ... :(:(

 

Have included a couple of pics of the resort, for dreamers ... plus a link to Google Satellite of the area if interested in motivating yourself for a half-decent vacation!

 

http://tinyurl.com/cbllkgk

5aa7113cd4f83_PalmerHyattResort.JPG.093bb731fcf116c5c5feb46de1ddca7c.JPG

5aa7113cdbc61_PalmerHyattResort_2.thumb.jpg.ff3b63dd6b14308d8510577ee0875671.jpg

Share this post


Link to post
Share on other sites
It would seem that my attitude to all this would be the opposite of most.

 

1. Trading my own money I want the low volatility of returns that most fund managers target in order to attract investors. Whereas most independent traders tend to quote 'being able to take on greater risks to achieve larger returns' as a benefit of not trading other people's money.

 

2. If I was trading other people's money and, hypothetically, could do so on a completely unregulated basis with no question of repercussions, then I would swing for the fences with money management in the way that Larry Williams did in the competition. It's other people's money - what would I care about the volatility of returns or risk profile? There's no real downside, for me, and unlimited upside.

 

What do others make of this? Is this a logical conclusion, or should I be working with the other sociopaths at Goldman?

 

BlueHorseshoe

 

Actually... if your trading other peoples money, you don't want to do that. Here's why:

If you start your year off managing $1 million, and make even a 30% ROI your first year, with a drawdown that never exceeds 10%... you will charge your 1%, plus 20% of profits. You will make about $70,000

 

And, you will also get probably $10 - $100 milllion to manage in your second year. For this year, you will make 30% ROI, drawdown never over 10%, and you chart 1% plus 20% of profits. You will make between $700,000 - $7 million. by the end of that second year.

 

If you do this, you will be get about $200 million - $350 million to manage in your third year. For this year, you will make 30% ROI, drawdown never over 10%, and you charge 1% plus 20% of profits. You will make between $14 million and $24.5 million that year. In your third year. Starting with $1 million. 3 years later, you can very realistically be on track to make $14 - $24 million

 

Remember, with that type of return and low drawdown, you will have more money than you can imagine being thrown at you. Trust me. I know. The world can be a very, very, very rich place with money to give to you if you show a couple of guys some good numbers for a year or so. Because those guys have friends. And their friends have stupid money. And so do their friends, and so on... and every single one of them wants to make 30% per year with no more than a 10% draw down. Every Single One. Period.

 

If you trade your own money, you would need to acheive an ROI of about 230% - 290% per year, if you start with $1,000,000, and want to make $14 - $24 in your 3rd year.... mind you, if your drawdowns average 10% of your annual return.... well, lets just say you'll come close each year to wiping out your account while you kill yourself to make that type of ROI.

 

If you trade other peoples money, you can literally make $14 - $24 million per year by the end of your 3rd year, by acheiving only a 30% ROI, and an extremely pleasing drawdown of only 10% at any given time.

 

You don't swing for the fences because you don't get money from one person one time. You go for singles and base hits because you get money from many rich people, all the time, and that list is always growing, never dropping, if you can get that type of risk adjusted return.

 

If you can do that, it's better than almost any rich person can do with big money anywhere else. So that's why your phone will ring every single day with someone who wants to give you millions.

 

No joke. Sounds nuts. It's true. And it's why you prefer base hits to home runs if you trade OPM

 

FTX.

Share this post


Link to post
Share on other sites

The only metric that matters is the P/L statement over the entire lifetime of a trader. Impressive gains over a two or five year period matter nothing if subsequent losses erase those gains. Consistency is the most important factor.

Share this post


Link to post
Share on other sites
Hello,

 

While there has been endless publicity about hundred million dollar and billion dollar hedge fund managers, to anyone's knowledge:

 

1. In terms of account growth, what has the biggest percent growth ever been for a solo trader?

 

2. To anyone's knowledge, how much do top solo futures traders make?

 

Thanks

 

I dont have stats but I have a friend who have been trading 15 years 'solo' ie his own account and now worth 100 mil+ trading futures.

 

this is the secret though - you dont have 'retail' accounts.

 

when you get to a level, you need leverage. you know you dont want to keep a load of margin in your account to cover exchange margins. What you do is consider your account balance as your 'ultimate stop'. You have reserve cash in a bank account else where - that used to pay interest lol. You go to a professional broker (crosslands, advantage, etc) and they will give you extra leverage and give you limits based on position size. retail traders will have a position limit determined by acct balance.

 

eg retail trader with 50k trading at $500 intraday margin can trade 100 lots max

with an agreement pro/retail may have 50k in their account but has agreed a 300 lot limit.

 

Obviously to do this, the fcm/broker must know you well (confidence you know what youre doing), you need a good track record etc. Its in their interest of course, because the more you trade, the more they make.

 

They (fcm) will ALWAYS look at their risk first of course. If you dont respect the extra leverage and start to lose say 50% of your account, they may well withdraw the limit or block you until you have more funds wired in.

 

The broker provides extra leverage.Its part of their business model.

 

This is similar to how it works in prop firms.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Hello citizens of the U.S. The hundred year trade war has leaked over into a trading war. Your equity holdings are under attack by huge sovereign funds shorting relentlessly... running basically the opposite of  PPT operations.  As an American you are blessed to be totally responsible for your own assets - the govt won’t and can’t take care of you, your lame ass whuss ‘retail’ fund managers go catatonic  and can't / won’t help you, etc etc.... If you’re going to hold your positions, it’s on you to hedge your holdings.   Don’t blame Trump, don’t blame the system, don’t even blame the ‘enemies’ - ie don’t blame period.  Just occupy the freedom and responsibility you have and act.  The only mistake ‘Trump’ made so far was not to warn you more explicitly and remind you of your options to hedge weeks ago.   FWIW when Trump got elected... I also failed to explicitly remind you... just sayin’
    • Date: 7th April 2025.   Asian Markets Plunge as US-China Trade War Escalates; Wall Street Futures Signal Further Turmoil.   Global financial markets extended last week’s massive sell-off as tensions between the US and its major trading partners deepened, rattling investors and prompting sharp declines across equities, commodities, and currencies. The fallout from President Trump’s sweeping new tariff measures continued to spread, raising fears of a full-blown trade war and economic recession.   Asian stock markets plunged on Monday, extending a global market rout fueled by rising tensions between the US and China. The latest wave of aggressive tariffs and retaliatory measures has unnerved investors worldwide, triggering sharp sell-offs across the Asia-Pacific region.   Asian equities led the global rout on Monday, with dramatic losses seen across the region. Japan’s Nikkei 225 index tumbled more than 8% shortly after the open, while the broader Topix fell over 6.5%, recovering only slightly from steeper losses. In mainland China, the Shanghai Composite sank 6.7%, and the blue-chip CSI300 dropped 7.5% as markets reopened following a public holiday. Hong Kong’s Hang Seng Index opened more than 9% lower, reflecting deep concerns about escalating trade tensions.           South Korea’s Kospi dropped 4.8%, triggering a circuit breaker designed to curb panic selling. Taiwan’s Taiex index collapsed by nearly 10%, with major tech exporters like TSMC and Foxconn hitting circuit breaker limits after each fell close to 10%. Meanwhile, Australia’s ASX 200 shed as much as 6.3%, and New Zealand’s NZX 50 lost over 3.5%.   Despite the escalation, Beijing has adopted a measured tone. Chinese officials urged investors not to panic and assured markets that the country has the tools to mitigate economic shocks. At the same time, they left the door open for renewed trade talks, though no specific timeline has been set.   US Stock Futures Plunge Ahead of Monday Open   US stock futures pointed to another brutal day on Wall Street. Futures tied to the S&P 500 dropped over 3%, Nasdaq futures sank 4%, and Dow Jones futures lost 2.5%—equivalent to nearly 1,000 points. The Nasdaq Composite officially entered a bear market on Friday, down more than 20% from its recent highs, while the S&P 500 is nearing bear territory. The Dow closed last week in correction. Oil prices followed suit, with WTI crude dropping over 4% to $59.49 per barrel—its lowest since April 2021.   Wall Street closed last week in disarray, erasing more than $5 trillion in value amid fears of an all-out trade war. The Nasdaq Composite officially entered a bear market on Friday, sinking more than 20% from its recent peak. The S&P 500 is approaching bear territory, and the Dow Jones Industrial Average has slipped firmly into correction territory.   German Banks Hit Hard Amid Escalating Trade Tensions   German banking stocks were among the worst hit in Europe. Shares of Commerzbank and Deutsche Bank plunged between 9.5% and 10.3% during early Frankfurt trading, compounding Friday’s steep losses. Fears over a global trade war and looming recession are severely impacting the financial sector, particularly export-driven economies like Germany.   Eurozone Growth at Risk   Eurozone officials are bracing for economic fallout, with Greek central bank governor Yannis Stournaras warning that Trump’s tariff policy could reduce eurozone GDP by up to 1%. The EU is preparing retaliatory tariffs on $28 billion worth of American goods—ranging from steel and aluminium to consumer products like dental floss and luxury jewellery.   Starting Wednesday, the US is expected to impose 25% tariffs on key EU exports, with Brussels ready to respond with its own 20% levies on nearly all remaining American imports.   UK Faces £22 Billion Economic Blow   In the UK, fresh research from KPMG revealed that the British economy could shrink by £21.6 billion by 2027 due to US-imposed tariffs. The analysis points to a 0.8% dip in economic output over the next two years, undermining Chancellor Rachel Reeves’ growth agenda. The report also warned of additional fiscal pressure that may lead to future tax increases and public spending cuts.   Wall Street Braces for Recession   Goldman Sachs revised its US recession probability to 45% within the next year, citing tighter financial conditions and rising policy uncertainty. This marks a sharp jump from the 35% risk estimated just last month—and more than double January’s 20% projection. J.P. Morgan issued a bleaker outlook, now forecasting a 60% chance of recession both in the US and globally.   Global Leaders Respond as Trade Tensions Deepen   The dramatic market sell-off was triggered by China’s sweeping retaliation to a new round of US tariffs, which included a 34% levy on all American imports. Beijing’s state-run People’s Daily released a defiant statement, asserting that China has the tools and resilience to withstand economic pressure from Washington. ‘We’ve built up experience after years of trade conflict and are prepared with a full arsenal of countermeasures,’ it stated.   Around the world, policymakers are responding to the growing threat of a trade-led economic slowdown. Japanese Prime Minister Shigeru Ishiba announced plans to appeal directly to Washington and push for tariff relief, following the US administration’s decision to impose a blanket 24% tariff on Japanese imports. He aims to visit the US soon to present Japan’s case as a fair trade partner.   In Taiwan, President Lai Ching-te said his administration would work closely with Washington to remove trade barriers and increase purchases of American goods in an effort to reduce the bilateral trade deficit. The island's defence ministry has also submitted a new list of US military procurements to highlight its strategic partnership.   Economists and strategists are warning of deeper economic consequences. Ronald Temple, chief market strategist at Lazard, said the scale and speed of these tariffs could result in far more severe damage than previously anticipated. ‘This isn’t just a bilateral conflict anymore — more countries are likely to respond in the coming weeks,’ he noted.   Analysts at Barclays cautioned that smaller Asian economies, such as Singapore and South Korea, may face challenges in negotiating with Washington and are already adjusting their economic growth forecasts downward in response to the unfolding trade crisis.           Oil Prices Sink on Demand Concerns   Crude oil continued its sharp slide on Monday, driven by recession fears and weakened global demand. Brent fell 3.9% to $63.04 a barrel, while WTI plunged over 4% to $59.49—both benchmarks marking weekly losses exceeding 10%. Analysts say inflationary pressures and slowing economic activity may drag demand down, even though energy imports were excluded from the latest round of tariffs.   Vandana Hari of Vanda Insights noted, ‘The market is struggling to find a bottom. Until there’s a clear signal from Trump that calms recession fears, crude prices will remain under pressure.’   OPEC+ Adds Further Pressure with Output Hike   Bearish sentiment intensified after OPEC+ announced it would boost production by 411,000 barrels per day in May, far surpassing the expected 135,000 bpd. The alliance called on overproducing nations to submit compensation plans by April 15. Analysts fear this surprise move could undo years of supply discipline and weigh further on already fragile oil markets.   Global political risks also flared over the weekend. Iran rejected US proposals for direct nuclear negotiations and warned of potential military action. Meanwhile, Russia claimed fresh territorial gains in Ukraine’s Sumy region and ramped up attacks on surrounding areas—further darkening the outlook for markets.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • AMZN Amazon stock watch, good buying (+313%) toi hold onto the 173.32 support area at https://stockconsultant.com/?AMZN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.