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The Reserve Bank of Australia Cuts Interest Rates by 25 Basis Points as Planned

AI Revolutionizes Education in Peru: Teachers Embrace Microsoft Copilot Microsoft Copilot and the World Bank are transforming classrooms in Peru, enhancing education with AI by helping teachers create personalized learning experiences.

The six state-owned banks have officially announced a reduction in deposit interest rates The six state-owned banks - Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank of China and Bank of Communications - have announced today that they will reduce the interest rates of RMB deposits of various maturities, with the three-year and five-year maturities both being reduced by 25 basis points to 1.25% and 1.3% respectively. (Jinshi)

The People's Bank of China has lowered both the one-year and five-year LPRs by 10 basis points.

💰💰 Let’s dive into the legendary story of Larry R. Williams, a trader who made history by achieving something that still leaves people amazed. Here’s how he turned a modest $10,000 into a whopping $1 million within a year—and the lessons we can all learn from his journey. Chapter 1: Who Is Larry R. Williams? Larry R. Williams wasn’t born with a silver spoon or a big bank account. He was just an average guy with an extraordinary interest in financial markets. •Time period: Late 1970s •Challenge: He wanted to prove that it was possible to grow a small trading account into something massive with skill, strategy, and discipline. He decided to enter the Robbins World Cup Trading Championship, a highly competitive global trading contest. Participants had to trade real money, and the winner would be the one with the highest return on investment (ROI) at the end of the year. Chapter 2: The $10,000 Challenge Larry started with $10,000. That’s not a small amount, but it’s not a fortune either. •Goal: To multiply it significantly within just 12 months. •Strategy: Focus on futures trading—a high-risk, high-reward market where you can trade contracts linked to commodities, currencies, and stock indices. Here’s where things get interesting. Larry wasn’t just gambling; he had a plan. He relied on two key principles: 1.Risk Management: He didn’t bet everything on one trade. He used only a portion of his account for each position. 2.Market Timing: Larry studied market patterns to identify the best times to buy and sell. Chapter 3: Breaking Records By the end of the year, Larry Williams achieved what seemed impossible: •Starting capital: $10,000 •Final amount: Over $1.1 million •Return on Investment: 11,376% This wasn’t just a win—it was a world record! No one else in the competition had ever come close to this level of success. Chapter 4: How Did He Do It? Larry’s success wasn’t luck; it was a mix of skill, discipline, and knowledge. Here are the tools he used: •Price Action Analysis: Watching price movements closely to predict market behavior. •Seasonal Trends: Understanding how markets often follow patterns based on seasons or economic cycles. •Indicators He Created: Larry developed his own trading tools like the Williams %R Indicator, which is still widely used by traders today to find the best times to enter or exit trades. Chapter 5: Lessons for Everyone Larry’s story isn’t just about making money— it’s about showing what’s possible when you have the right mindset. •1. Start Small: You don’t need a huge amount of money to begin. •2. Educate Yourself: Study the markets, understand the risks, and never stop learning. •3. Stay Disciplined: Don’t let emotions take over. Stick to your plan. •4. Manage Risk: Always protect your capital by not risking too much on a single trade. Chapter 6: The Legacy Larry R. Williams didn’t stop after his big win. He wrote books, taught others, and inspired thousands of traders around the world. His record still stands, and his journey proves that with the right tools and mindset, anyone can achieve extraordinary things. The Hook for You Imagine turning a small investment into life-changing money. What would you do if you had Larry’s skills? His story reminds us that the real secret to success isn’t in being lucky—it’s in being prepared. Would you take the $10,000 challenge? Share your thoughts below!~