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• Comment Link Saturday, 30 March 2024 12:43 posted by RobertDuG

  On betting’s biggest day, a new scandal puts the sports world on edge
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  As millions of Americans raced to fill out brackets and place wagers on teenage basketball players Thursday, another scandal amplified calls for the country’s booming sports-betting industry to be restrained - and reformed.
  
  The Los Angeles Dodgers fired Shohei Ohtani’s interpreter Wednesday night, after the translator told ESPN that Ohtani paid off the interpreter’s offshore gambling debts and as Ohtani’s lawyer told another story, accusing the translator of stealing roughly $4.5 million.
  
  Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
  
  While fans sorted through the ramifications and Ohtani played on in the Dodgers’ season-opening series in Seoul, experts and amateurs alike joined office pools and placed wagers on the first round of the NCAA men’s basketball tournament, the country’s closest thing to an official sports betting holiday.
  
  Players, leagues and fans have been reckoning with the still-unfolding effects of sports gambling since a Supreme Court ruling handed the question of legalization to states in 2018. Each constituency may be arriving at the realization those impacts have mushroomed beyond anyone’s control.
  
  “The amount of money is so enormous that it is almost impossible to attack the problem,” former MLB commissioner Fay Vincent said in a phone interview Thursday. “Theoretically, there’s nothing wrong with an adult who has control of his brain and control of his financial situation betting on sports. The problem is, the sport itself gets so caught up in the amount of money that I don’t know how a professional sport or the NCAA or anybody - how do you draw up a code of conduct for an individual? What’s the line? When do we start admitting this is a really big problem?”
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• Comment Link Saturday, 30 March 2024 12:00 posted by discover more

  The foreign exchange market, also known as forex, is an energetic and ever-changing landscape.
  Success in this realm takes a deep knowledge of market mechanics, technical analysis, risk management, and the psychology of trading.
  Fortunately, a wealth of knowledge can be acquired at
  your fingertips through forex trading books.
  
  This curated list explores five essential books that appeal to
  both beginner and experienced traders, equipping you with the various
  tools to navigate the forex market with confidence.
  
  
  Currency Trading for Dummies by Brian Dolan and Kathleen Brooks
  
  This book lives around the "For Dummies" reputation, supplying a clear and
  concise introduction to the forex market. Perfect for beginners, it covers fundamental concepts
  like currency pairs, market structure, and the factors influencing exchange rates.
  Dolan and Brooks delve into core trading strategies,
  risk management techniques, and even the psychology of trading, helping you develop a solid foundation for the forex
  journey.
  
  Technical Analysis of the Financial Markets by John Murphy
  
  This comprehensive guide by John Murphy is considered
  a bible for technical analysis. Murphy meticulously explores chart patterns,
  technical indicators, and various tools used to forecast price movements.
  While aimed at a broader financial audience, the principles outlined in this book are
  highly applicable to forex trading. By mastering technical analysis,
  you'll gain valuable insights into market sentiment and potential
  trading opportunities.
  
  Day Trading and Swing Trading the Currency Market by Kathy Lien
  
  Authored by Kathy Lien, a renowned forex expert, this book delves to the
  practicalities of trading the forex market. Lien outlines effective strategies for both day traders, who capitalize on short-term
  price fluctuations, and swing traders, who hold positions for a couple days or weeks.
  The book emphasizes the significance of risk management,
  position sizing, and developing a personalized trading plan tailored to your goals and risk tolerance.
  
  
  Market Wizards by Jack Schwager
  
  "Market Wizards" by Jack Schwager isn't an old-fashioned forex trading book.
  
  Instead, it provides invaluable insights by interviewing a number of the world's most successful traders.
  
  Through their personal experiences and trading philosophies,
  the book sheds light on the mindsets and approaches that subscribe to long-term success in the market.
  Whether you're a starter or seasoned trader, understanding the idea processes
  of market wizards can significantly enhance your own personal
  trading approach.
  
  Trading in the Zone by Mark Douglas
  
  The psychological facet of trading is often overlooked,
  but it holds immense importance. Mark Douglas' "Trading in the Zone" tackles the mental game
  of trading, addressing common psychological pitfalls that plague traders.
  
  He explores topics like fear, greed, and discipline, equipping you
  with the mental tools necessary to maintain composure and make sound trading decisions even yet in the face area
  of market volatility.
  
  Beyond the Books
  
  While these books provide a strong foundation, understand that forex trading is really
  a continuous learning process. Supplement your book knowledge with online resources,
  educational courses, and real-time market analysis.
  Create a practice routine using a demo account to
  test your strategies before risking real capital.
  
  Most of all, cultivate patience and discipline. Forex success
  isn't achieved overnight; it's a trip that requires dedication, consistent learning,
  and the ability to conform to changing market conditions.
  
  By equipping yourself with the right knowledge and mindset, you'll be well on the road to navigating the forex market with confidence.
  
  
  Conclusion
  
  The forex market presents a success of opportunities, but it also is sold with inherent
  risks. By diligently acquiring knowledge through forex trading books, supplementing it with ongoing learning, and practicing
  sound risk management, you'll equip yourself for success in this dynamic
  market. Remember, forex trading is a workshop, not a sprint.
  Approach it with patience, a commitment to continuous
  learning, and the capability to adapt, and you'll be well
  on your way to achieving your trading goals.
• Comment Link Saturday, 30 March 2024 11:47 posted by read the article

  The foreign exchange market, also called forex, is
  a vibrant and ever-changing landscape. Success in this
  realm needs a deep knowledge of market mechanics,
  technical analysis, risk management, and the psychology of
  trading. Fortunately, a success of knowledge can be acquired at
  your fingertips through forex trading books.
  
  This curated list explores five essential books that cater to both beginner and experienced traders,
  equipping you with the equipment to navigate the forex market with confidence.
  
  
  
  Currency Trading for Dummies by Brian Dolan and
  Kathleen Brooks
  
  This book lives up to the "For Dummies" reputation, supplying
  a clear and concise introduction to the forex market. Perfect for beginners, it covers fundamental concepts like currency
  pairs, market structure, and the factors influencing exchange rates.
  Dolan and Brooks delve into core trading strategies, risk
  management techniques, and even the psychology of trading,
  helping you produce a solid foundation for the forex
  journey.
  
  Technical Analysis of the Financial Markets by John Murphy
  
  This comprehensive guide by John Murphy is considered a bible for technical analysis.
  Murphy meticulously explores chart patterns, technical indicators, and various tools used to forecast price movements.
  While aimed at a broader financial audience, the principles outlined in this book are highly
  applicable to forex trading. By mastering technical analysis, you'll gain valuable insights into market sentiment and potential trading opportunities.
  
  
  Day Trading and Swing Trading the Currency Market by Kathy Lien
  
  Authored by Kathy Lien, a renowned forex expert, this book delves in to the practicalities
  of trading the forex market. Lien outlines effective
  strategies for both day traders, who capitalize on short-term price fluctuations, and
  swing traders, who hold positions for a few days or weeks.
  
  The book emphasizes the importance of risk
  management, position sizing, and developing a personalized
  trading plan tailored to your goals and risk tolerance.
  
  
  Market Wizards by Jack Schwager
  
  "Market Wizards" by Jack Schwager isn't a mainstream forex
  trading book. Instead, it includes invaluable insights by interviewing a few of the world's most successful traders.
  Through their personal experiences and trading philosophies, the
  book sheds light on the mindsets and approaches that contribute to
  long-term success in the market. Whether you're a
  novice or seasoned trader, understanding thinking
  processes of market wizards can significantly enhance your own trading approach.
  
  
  Trading in the Zone by Mark Douglas
  
  The psychological aspect of trading is usually overlooked, but it holds
  immense importance. Mark Douglas' "Trading in the Zone" tackles the
  mental game of trading, addressing common psychological
  pitfalls that plague traders. He explores topics like fear, greed, and
  discipline, equipping you with the mental tools necessary to maintain composure and
  make sound trading decisions even in the facial skin of market volatility.
  
  
  Beyond the Books
  
  While these books provide a solid foundation, understand
  that forex trading is really a continuous learning process.
  Supplement your book knowledge with online resources, educational
  courses, and real-time market analysis. Create a practice routine utilizing a demo account to test your strategies before risking real capital.
  
  
  Above all, cultivate patience and discipline.
  Forex success isn't achieved overnight; it's a trip that needs
  dedication, consistent learning, and the capacity to adapt to
  changing market conditions. By equipping yourself with the best knowledge
  and mindset, you'll be well on the way to
  navigating the forex market with confidence.
  
  
  Conclusion
  
  The forex market presents a wealth of opportunities,
  but it addittionally includes inherent risks. By diligently acquiring
  knowledge through forex trading books, supplementing it with ongoing learning,
  and practicing sound risk management, you'll equip yourself for success in this dynamic market.
  
  Remember, forex trading is a workshop, not just a sprint.
  Approach it with consideration, a commitment to continuous learning,
  and the capability to adapt, and you'll be well on the road to achieving your trading goals.
• Comment Link Saturday, 30 March 2024 11:45 posted by MichaelRainc

  Nike inflicts huge home defeat on Adidas by nabbing German soccer team kit deal
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  Things have gone from bad to worse for Adidas. After a costly break-up with US rapper Ye that helped push the German sportswear giant into a rare loss last year, it’s now suffered a bruising defeat on home turf.
  
  The German Football Association (DFB) announced Thursday that the company’s arch rival Nike (NKE) will be the official kit supplier for national soccer teams from 2027 until 2?034. The decision brings to an abrupt end more than seven decades of the sport’s partnership with Adidas that spanned four World Cup wins for the men’s team.
  
  In a statement, DFB President Bernd Neuendorf said German football owed “a great deal” to the partnership with Adidas and that the association was “fully committed” to achieving further joint success through the end of 2026, when their contract expires.
  The DFB said Nike had made “by far the best financial offer” and impressed with its vision for developing women’s football, and amateur and grassroots sport in Germany. It did not say how much the new deal was worth.
  
  An Adidas spokesperson said in a statement that “we were informed by the DFB yesterday that the federation will have a new supplier from 2027 onwards.”
  
  Germany will be the host for the Euro 2024 men’s championship, taking place this June and July. Adidas will supply the kits for seven national teams, including the German, Italian and Spanish teams.
  
  In just under three years’ time, however, fans will see Nike’s trademark ticks, not the three stripes of Adidas, on the shirts of Germany’s national teams. German economy minister Robert Habeck reportedly told local news agency DPA Friday that he could “hardly imagine” the prospect.
  
  The partnership between Adidas and German football was a “piece of German identity,” he was reported as saying. “I would have liked a bit more local patriotism.”
  
  Adidas was founded in 1949 in Herzogenaurach, a small town outside Nuremberg in south-east Germany, the same year it registered its now-iconic three-stripe logo.
  
  DFB’s announcement comes at a bad time for Adidas, which last week posted a net loss of €58 million ($63 million) in its core business for 2023, citing a slowdown in sales of its Yeezy-branded clothing and sneakers, and a large tax burden.
• Comment Link Saturday, 30 March 2024 11:44 posted by Keithmar

  On betting’s biggest day, a new scandal puts the sports world on edge
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  As millions of Americans raced to fill out brackets and place wagers on teenage basketball players Thursday, another scandal amplified calls for the country’s booming sports-betting industry to be restrained - and reformed.
  
  The Los Angeles Dodgers fired Shohei Ohtani’s interpreter Wednesday night, after the translator told ESPN that Ohtani paid off the interpreter’s offshore gambling debts and as Ohtani’s lawyer told another story, accusing the translator of stealing roughly $4.5 million.
  
  Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
  
  While fans sorted through the ramifications and Ohtani played on in the Dodgers’ season-opening series in Seoul, experts and amateurs alike joined office pools and placed wagers on the first round of the NCAA men’s basketball tournament, the country’s closest thing to an official sports betting holiday.
  
  Players, leagues and fans have been reckoning with the still-unfolding effects of sports gambling since a Supreme Court ruling handed the question of legalization to states in 2018. Each constituency may be arriving at the realization those impacts have mushroomed beyond anyone’s control.
  
  “The amount of money is so enormous that it is almost impossible to attack the problem,” former MLB commissioner Fay Vincent said in a phone interview Thursday. “Theoretically, there’s nothing wrong with an adult who has control of his brain and control of his financial situation betting on sports. The problem is, the sport itself gets so caught up in the amount of money that I don’t know how a professional sport or the NCAA or anybody - how do you draw up a code of conduct for an individual? What’s the line? When do we start admitting this is a really big problem?”
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