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On August 16th, Sophie Huynh, Portfolio Manager and Strategist at BNP Paribas Asset Management, stated that Europe is more likely to be a beneficiary of AI than a developer, with the automotive industry being one of the beneficiaries. Currently, European automotive stocks are so cheap that almost no one is really considering their upside potential. The key is understanding when the market will start talking about this, as it may take a year or two of holding these deep value sectors before the market consensus realizes it truly works. Many positive news regarding US consumer spending has already been priced in by the market, so the momentum of the US economy is slowing, while Europe is just beginning to recover.August 16 - According to a report released by the Indonesian Meteorology, Climatology and Geophysics Agency, a 5.7-magnitude earthquake struck 81 kilometers northeast of Ruten Township, Manggarai Regency, East Nusa Tenggara Province, Indonesia, at 2:51 p.m. Central Time on August 16, with a focal depth of 10 kilometers.According to Irans Tasnim News Agency, the Iranian Revolutionary Guard stated that Qatar should allow an Iranian team of experts to investigate the missing pilots disappearance, rather than denying that the pilot had been detained.August 16 - Explosions were heard in Kyiv, Ukraine on August 16 local time.According to Irans Tasnim News Agency, the head of the Iranian militarys missing personnel stated that Qatar must allow an Iranian Air Force investigation team into the country.

Open a position

Eden

Oct 25, 2021 13:27


Open a position is also called create an order, which means that a trader newly buys or sells a certain number of contracts.

Open a position is divided into open a position on current market price and open a position in limit orders.


Open a position on current market price refers to the trader BUY/ SELL at the current market price.

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Limit order refers to the trader setting an estimated price to open a position

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Buy limit: Buy at a certain distance from the current price. When the price reaches the predetermined price, the pending order will be executed automatically;

Sell limit: Sell at a certain distance from the current price. When the price reaches the predetermined price, the pending order will be executed automatically.


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